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Polar Capital Technology Trust (LSE:PCT) Enterprise Value : £3,511.5 Mil (As of May. 26, 2024)


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What is Polar Capital Technology Trust 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, Polar Capital Technology Trust's Enterprise Value is £3,511.5 Mil. Polar Capital Technology Trust's Revenue for the trailing twelve months (TTM) ended in Oct. 2023 was £512.1 Mil. Therefore, Polar Capital Technology Trust's EV-to-Revenue ratio for today is 6.86.


Polar Capital Technology Trust Enterprise Value Historical Data

The historical data trend for Polar Capital Technology Trust'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.

* Premium members only.

Polar Capital Technology Trust Enterprise Value Chart

Polar Capital Technology Trust Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,671.52 2,297.55 3,066.30 2,448.20 2,261.70

Polar Capital Technology Trust Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,216.53 2,448.20 2,247.85 2,261.70 2,447.59

Competitive Comparison of Polar Capital Technology Trust's Enterprise Value

For the Asset Management subindustry, Polar Capital Technology Trust'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.


Polar Capital Technology Trust's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Polar Capital Technology Trust's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Polar Capital Technology Trust's Enterprise Value falls into.



Polar Capital Technology Trust 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.

Polar Capital Technology Trust's Enterprise Value for the fiscal year that ended in Apr. 2023 is calculated as

Polar Capital Technology Trust's Enterprise Value for the quarter that ended in Oct. 2023 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.


Polar Capital Technology Trust  (LSE:PCT) 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.

Polar Capital Technology Trust's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3511.491/512.143
=6.86

Polar Capital Technology Trust's current Enterprise Value is £3,511.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Polar Capital Technology Trust's Revenue for the trailing twelve months (TTM) ended in Oct. 2023 was £512.1 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.


Polar Capital Technology Trust Enterprise Value Related Terms

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Polar Capital Technology Trust (LSE:PCT) Business Description

Traded in Other Exchanges
Address
16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Technology Trust PLC is a UK-based investment trust company. The company's investment objective is to maximize long-term capital growth by investing in a diversified portfolio of technology companies across the world. Geographically, the company earns investment income from North America, Europe, and the Asia Pacific region. It invests in Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and other sectors.