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Eastern Michigan Financial (Eastern Michigan Financial) Enterprise Value : $35.77 Mil (As of May. 19, 2024)


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What is Eastern Michigan Financial Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Eastern Michigan Financial's Enterprise Value is $35.77 Mil. Eastern Michigan Financial's Revenue for the trailing twelve months (TTM) ended in Dec. 2006 was $10.10 Mil. Therefore, Eastern Michigan Financial's EV-to-Revenue ratio for today is 3.54.


Eastern Michigan Financial Enterprise Value Historical Data

The historical data trend for Eastern Michigan Financial's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Eastern Michigan Financial Enterprise Value Chart

Eastern Michigan Financial Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
Enterprise Value
17.29 20.38 21.32 21.86 19.21

Eastern Michigan Financial Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06
Enterprise Value 17.29 20.38 21.32 21.86 19.21

Competitive Comparison of Eastern Michigan Financial's Enterprise Value

For the Banks - Regional subindustry, Eastern Michigan Financial's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eastern Michigan Financial's Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eastern Michigan Financial's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Eastern Michigan Financial's Enterprise Value falls into.



Eastern Michigan Financial Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Eastern Michigan Financial's Enterprise Value for the fiscal year that ended in Dec. 2006 is calculated as

Eastern Michigan Financial's Enterprise Value for the quarter that ended in Dec. 2006 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eastern Michigan Financial  (OTCPK:EFIN) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Eastern Michigan Financial's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=35.772/10.104
=3.54

Eastern Michigan Financial's current Enterprise Value is $35.77 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Eastern Michigan Financial's Revenue for the trailing twelve months (TTM) ended in Dec. 2006 was $10.10 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eastern Michigan Financial Enterprise Value Related Terms

Thank you for viewing the detailed overview of Eastern Michigan Financial's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastern Michigan Financial (Eastern Michigan Financial) Business Description

Traded in Other Exchanges
N/A
Address
65 North Howard Avenue, Croswell, MI, USA, 48422
Eastern Michigan Financial Corp is a bank holding company. The Company through its holding provides baking products and services including personal banking, business banking and lending including diversified loans. Personal banking includes debit and credit cards, mobile banking and deposit services where Business banking includes cash management and other business-related services. The portfolio segments include commercial and industrial, agricultural, real estate related industries, other commercial loans, residential real estate, consumer and other, and home equity.

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