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Minto Apartment REIT (TSX:MI.UN) Enterprise Value : C$1,429.0 Mil (As of Jun. 02, 2024)


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What is Minto Apartment REIT 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, Minto Apartment REIT's Enterprise Value is C$1,429.0 Mil. Minto Apartment REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-78.7 Mil. Therefore, Minto Apartment REIT's EV-to-EBIT ratio for today is -18.15.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Minto Apartment REIT's Enterprise Value is C$1,429.0 Mil. Minto Apartment REIT's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was C$-78.7 Mil. Therefore, Minto Apartment REIT's EV-to-EBITDA ratio for today is -18.15.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Minto Apartment REIT's Enterprise Value is C$1,429.0 Mil. Minto Apartment REIT's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was C$158.5 Mil. Therefore, Minto Apartment REIT's EV-to-Revenue ratio for today is 9.02.


Minto Apartment REIT Enterprise Value Historical Data

The historical data trend for Minto Apartment REIT'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.

Minto Apartment REIT Enterprise Value Chart

Minto Apartment REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only 1,418.15 1,366.34 1,552.15 1,458.58 1,571.87

Minto Apartment REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1,504.82 1,537.20 1,475.80 1,571.87 1,473.30

Competitive Comparison of Minto Apartment REIT's Enterprise Value

For the REIT - Residential subindustry, Minto Apartment REIT'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.


Minto Apartment REIT's Enterprise Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Minto Apartment REIT's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Minto Apartment REIT's Enterprise Value falls into.



Minto Apartment REIT 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.

Minto Apartment REIT's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Minto Apartment REIT'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.


Minto Apartment REIT  (TSX:MI.UN) 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.

Minto Apartment REIT's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1429.001/-78.72
=-18.15

Minto Apartment REIT's current Enterprise Value is C$1,429.0 Mil.
Minto Apartment REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-78.7 Mil.

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

Minto Apartment REIT's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1429.001/-78.72
=-18.15

Minto Apartment REIT's current Enterprise Value is C$1,429.0 Mil.
Minto Apartment REIT's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-78.7 Mil.

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

Minto Apartment REIT's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1429.001/158.465
=9.02

Minto Apartment REIT's current Enterprise Value is C$1,429.0 Mil.
Minto Apartment REIT's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$158.5 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.


Minto Apartment REIT Enterprise Value Related Terms

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Minto Apartment REIT (TSX:MI.UN) Business Description

Traded in Other Exchanges
Address
200 - 180 Kent Street, Ottawa, ON, CAN, K1P 0B6
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in 32 multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.

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