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Stride Property (NZSE:SPG) Enterprise Value : NZ$2,457.1 Mil (As of Jun. 10, 2024)


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What is Stride Property 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. As of today, Stride Property's Enterprise Value is NZ$2,457.1 Mil. Stride Property's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was NZ$-32.8 Mil. Therefore, Stride Property's EV-to-EBIT ratio for today is -74.84.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Stride Property's Enterprise Value is NZ$2,457.1 Mil. Stride Property's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was NZ$-28.9 Mil. Therefore, Stride Property's EV-to-EBITDA ratio for today is -85.10.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Stride Property's Enterprise Value is NZ$2,457.1 Mil. Stride Property's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was NZ$121.1 Mil. Therefore, Stride Property's EV-to-Revenue ratio for today is 20.30.


Stride Property Enterprise Value Historical Data

The historical data trend for Stride Property'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.

Stride Property Enterprise Value Chart

Stride Property Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 887.79 1,385.51 1,414.52 1,153.00 1,181.60

Stride Property Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 1,414.52 1,300.19 1,153.00 1,150.99 1,181.60

Competitive Comparison of Stride Property's Enterprise Value

For the Real Estate Services subindustry, Stride Property'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.


Stride Property's Enterprise Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Stride Property's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Stride Property's Enterprise Value falls into.



Stride Property 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.

Stride Property's Enterprise Value for the fiscal year that ended in Mar. 2024 is calculated as

Stride Property's Enterprise Value for the quarter that ended in Mar. 2024 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.


Stride Property  (NZSE:SPG) 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-EBIT is calculated as Enterprise Value divided by its EBIT.

Stride Property's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2457.058/-32.829
=-74.84

Stride Property's current Enterprise Value is NZ$2,457.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Stride Property's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was NZ$-32.8 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Stride Property's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2457.058/-28.871
=-85.10

Stride Property's current Enterprise Value is NZ$2,457.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Stride Property's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was NZ$-28.9 Mil.

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

Stride Property's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2457.058/121.066
=20.30

Stride Property's current Enterprise Value is NZ$2,457.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Stride Property's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was NZ$121.1 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.


Stride Property Enterprise Value Related Terms

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Stride Property (NZSE:SPG) Business Description

Traded in Other Exchanges
N/A
Address
34 Shortland Street, Level 12, Louise Hill, Auckland, NTL, NZL, 1010
Stride Property Ltd is a real estate company that owns and manages investment properties in New Zealand. Most of the properties are located in Auckland, followed by Wellington, Northern Regional, and South Island. Stride's portfolio consists of commercial office, retail, and industrial property, as well as land. Retail properties deliver the majority of contract rental revenue, followed by office and industrial properties. The company's major tenants include general distributors, large retailers, banks, the New Zealand government, and industrial companies.