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, EastGroup Properties's Enterprise Value is $9,676.7 Mil.
EastGroup Properties's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $256.6 Mil. Therefore, EastGroup Properties's EV-to-EBIT ratio for today is 37.71.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, EastGroup Properties's Enterprise Value is $9,676.7 Mil.
EastGroup Properties's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $431.8 Mil. Therefore, EastGroup Properties's EV-to-EBITDA ratio for today is 22.41.
EastGroup Properties Enterprise Value Historical Data
The historical data trend for EastGroup Properties'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 EastGroup Properties's Enterprise Value
For the REIT - Industrial subindustry, EastGroup Properties'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.
EastGroup Properties's Enterprise Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, EastGroup Properties's Enterprise Value distribution charts can be found below:
* The bar in red indicates where EastGroup Properties's Enterprise Value falls into.
EastGroup Properties 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.
EastGroup Properties'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.
EastGroup Properties (NYSE:EGP) 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.
EastGroup Properties's current Enterprise Value is $9,676.7 Mil.
EastGroup Properties'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 $256.6 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
EastGroup Properties's current Enterprise Value is $9,676.7 Mil.
EastGroup Properties'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 $431.8 Mil.
EastGroup Properties's current Enterprise Value is $9,676.7 Mil.
EastGroup Properties'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 $589.8 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.
EastGroup Properties Enterprise Value Related Terms
Thank you for viewing the detailed overview of EastGroup Properties's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
EastGroup Properties (EastGroup Properties) Business Description
EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in major Sunbelt markets throughout the United States, primarily in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. Properties located in Texas and Florida account for most of EastGroup's total real estate portfolio. The company derives its revenue in the form of rental income.
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