Enterprise Value is a firm valuation proxy that approximates current market value of a company. It is typically used to determine takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that company has on its balance sheet. When takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
NuStar Current Valuation Assessment
In accordance with recently published financial statements NuStar Energy LP has Current Valuation of 6.12 B. This is 91.2% lower than that of Basic Materials sector, and 66.18% lower than that of Oil and Gas Pipelines industry, The Current Valuation for all stocks is 79.73% higher than the company.
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NuStar Energy LP is rated below average in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Oil and Gas Pipelines industry is now estimated at about 353.76 Billion. NuStar claims roughly 6.12 Billion in current valuation contributing just under 2% to all equities under Oil and Gas Pipelines industry.
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