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, Ameriprise Financial's Enterprise Value is $39,591 Mil.
Ameriprise Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $4,291 Mil. Therefore, Ameriprise Financial's EV-to-EBIT ratio for today is 9.23.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ameriprise Financial's Enterprise Value is $39,591 Mil.
Ameriprise Financial's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $4,172 Mil. Therefore, Ameriprise Financial's EV-to-EBITDA ratio for today is 9.49.
Ameriprise Financial Enterprise Value Historical Data
The historical data trend for Ameriprise 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.
Competitive Comparison of Ameriprise Financial's Enterprise Value
For the Asset Management subindustry, Ameriprise 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.
Ameriprise Financial's Enterprise Value Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ameriprise Financial's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ameriprise Financial's Enterprise Value falls into.
Ameriprise 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.
Ameriprise Financial's Enterprise Value for the fiscal year that ended in Dec. 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.
Ameriprise Financial (NYSE:AMP) 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.
Ameriprise Financial's current Enterprise Value is $39,591 Mil.
Ameriprise Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,291 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ameriprise Financial's current Enterprise Value is $39,591 Mil.
Ameriprise Financial's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,172 Mil.
Ameriprise Financial's current Enterprise Value is $39,591 Mil.
Ameriprise Financial's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $15,939 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.
Ameriprise Financial Enterprise Value Related Terms
Thank you for viewing the detailed overview of Ameriprise Financial's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Ameriprise Financial (Ameriprise Financial) Business Description
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.
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