Utilico Emerging Markets Trust Plc Enterprise value
What is the Enterprise value of Utilico Emerging Markets Trust Plc?
The Enterprise value of Utilico Emerging Markets Trust Plc is $683.86M
What is the definition of Enterprise value?
Enterprise value is a measure of a company’s total market value. It is calculated as market capitalization with debt, minority interest, and preferred shares minus total cash and cash equivalents.
ttm (trailing twelve months)
It is a sum of claims by all claimants including creditors (secured and unsecured) and shareholders (preferred and common). Enterprise value is one of the fundamental metrics used in business valuation, financial modeling, accounting, portfolio analysis, and risk analysis. Enterprise value is more comprehensive than market capitalization, which only reflects common equity and is considered more representative of a company’s value. Enterprise value reflects the opportunistic nature of business and may change substantially over time because of both external and internal conditions.
Enterprise value can be negative if the company holds abnormally high amounts of cash that is not reflected in the market value of the stock and total capitalization. Cash is subtracted in the calculation because it reduces the net cost to a potential purchaser. The effect applies whether the cash is used to issue dividends or to pay down debt. Value of minority interest is added because it reflects the claim on assets consolidated into the firm in question. Value of associate companies is subtracted because it reflects the claim on assets consolidated into other firms. EV should also include such special components as unfunded pension liabilities, employee stock options, environmental provisions, abandonment provisions, and so on, since they also reflect claims on the company.
Enterprise value of companies in the Finance sector on LSE compared to Utilico Emerging Markets Trust Plc
What does Utilico Emerging Markets Trust Plc do?
Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors. It primarily invests in value stocks of companies, as well as in convertible securities and bonds of various credit ratings. The fund focuses on businesses with essential service or monopolistic characteristics to create its portfolio. It benchmarks the performance of its portfolio against the MSCI Emerging Markets Total Return Index. The fund was formerly known as Utilico Emerging Markets Limited. Utilico Emerging Markets Trust PLC was formed on July 20, 2005 and is domiciled in United Kingdom.
Companies with enterprise value similar to Utilico Emerging Markets Trust Plc
- NewOcean has Enterprise value of $681.02M
- Bastide Le Confort Medical SA has Enterprise value of $681.23M
- Wockhardt has Enterprise value of $682.56M
- Daktronics has Enterprise value of $683.29M
- TeamLease Services has Enterprise value of $683.37M
- Assystem SA has Enterprise value of $683.67M
- Utilico Emerging Markets Trust Plc has Enterprise value of $683.86M
- SigmaRoc plc has Enterprise value of $684.81M
- Avanti Feeds has Enterprise value of $684.99M
- Kinetic Mines and has Enterprise value of $685.29M
- WCM Beteiligungs- und Grundbesitz-AG has Enterprise value of $685.46M
- Maharashtra Seamless has Enterprise value of $685.60M
- AnaptysBio Inc has Enterprise value of $685.65M