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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, Granite Point Mortgage Trust's Enterprise Value is $1,077.31 Mil. Granite Point Mortgage Trust's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $70.20 Mil. Therefore, Granite Point Mortgage Trust's EV-to-Revenue ratio for today is 15.35.
The historical data trend for Granite Point Mortgage 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.
Granite Point Mortgage Trust Annual Data | |||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
Enterprise Value | Get a 7-Day Free Trial | 2,398.07 | 1,818.00 | 2,699.32 | 1,562.26 | 1,187.97 |
Granite Point Mortgage Trust 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 | 1,348.70 | 1,314.66 | 1,271.27 | 1,187.97 | 1,163.04 |
For the REIT - Mortgage subindustry, Granite Point Mortgage 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.
For the REITs industry and Real Estate sector, Granite Point Mortgage Trust's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Granite Point Mortgage Trust's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Granite Point Mortgage Trust's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
Enterprise Value (A: Dec. 2023 ) | |||||
= | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
= | 300.432132 | + | 0.082 | + | 991.698 |
+ | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Balance Sheet Cash And Cash Equivalents |
+ | 84 | + | 0.125 | - | 188.37 |
= | 1,187.97 |
Granite Point Mortgage Trust's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as
Enterprise Value (Q: Mar. 2024 ) | |||||
= | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
= | 243.435996 | + | 0.082 | + | 990.617 |
+ | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Balance Sheet Cash And Cash Equivalents |
+ | 84 | + | 0.125 | - | 155.216 |
= | 1,163.04 |
* 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.
Granite Point Mortgage Trust (NYSE:GPMT) 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.
Granite Point Mortgage Trust's EV-to-Revenue for today is:
EV-to-Revenue | = | Enterprise Value (Today) | / | Revenue (TTM) |
= | 1077.306 | / | 70.197 | |
= | 15.35 |
Granite Point Mortgage Trust's current Enterprise Value is $1,077.31 Mil.
Granite Point Mortgage Trust'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 $70.20 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.
Thank you for viewing the detailed overview of Granite Point Mortgage Trust's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
John A Taylor | director, officer: President and CEO | 3 BRYANT PARK, #2400A, NEW YORK NY 10036 |
Marcin Urbaszek | officer: Chief Financial Officer | 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036 |
Sheila K. Mcgrath | director | 3 BRYANT PARK, SUITE 2400A, NEW YORK NY 10036 |
William Reid Sanders | director | C/O TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Stephen Alpart | officer: Chief Investment Officer | 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036 |
Steven Plust | officer: Chief Operating Officer | 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036 |
Michael J. Karber | officer: General Counsel and Secretary | 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036 |
Peter M. Morral | officer: Chief Development Officer | 3 BRYANT PARK, SUITE 2400A, NEW YORK NY 10036 |
Devin Chen | director | 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660 |
Rebecca B Sandberg | officer: General Counsel and Secretary | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Brian Taylor | director | C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305 |
William Roth | director | TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305 |
Two Harbors Investment Corp. | 10 percent owner | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Capitol Acquisition Corp | 10 percent owner | 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305 |
Two Harbors Operating Co Llc | 10 percent owner | 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305 |
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