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Meritz Fire & Marine Insurance Co (XKRX:000060) EV-to-EBIT : 4.63 (As of May. 28, 2024)


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What is Meritz Fire & Marine Insurance Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Meritz Fire & Marine Insurance Co's Enterprise Value is ₩6,016,238 Mil. Meritz Fire & Marine Insurance Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was ₩1,298,197 Mil. Therefore, Meritz Fire & Marine Insurance Co's EV-to-EBIT for today is 4.63.

The historical rank and industry rank for Meritz Fire & Marine Insurance Co's EV-to-EBIT or its related term are showing as below:

XKRX:000060's EV-to-EBIT is not ranked *
in the Insurance industry.
Industry Median: 7.725
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Meritz Fire & Marine Insurance Co's Enterprise Value for the quarter that ended in Sep. 2022 was ₩3,718,748 Mil. Meritz Fire & Marine Insurance Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was ₩1,298,197 Mil. Meritz Fire & Marine Insurance Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 34.91%.


Meritz Fire & Marine Insurance Co EV-to-EBIT Historical Data

The historical data trend for Meritz Fire & Marine Insurance Co's EV-to-EBIT 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.

* Premium members only.

Meritz Fire & Marine Insurance Co EV-to-EBIT Chart

Meritz Fire & Marine Insurance Co Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 7.40 5.62 3.50 4.19

Meritz Fire & Marine Insurance Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.22 4.19 4.92 3.43 2.86

Competitive Comparison of Meritz Fire & Marine Insurance Co's EV-to-EBIT

For the Insurance - Property & Casualty subindustry, Meritz Fire & Marine Insurance Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Meritz Fire & Marine Insurance Co's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Meritz Fire & Marine Insurance Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Meritz Fire & Marine Insurance Co's EV-to-EBIT falls into.



Meritz Fire & Marine Insurance Co EV-to-EBIT Calculation

Meritz Fire & Marine Insurance Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6016237.686/1298196.856
=4.63

Meritz Fire & Marine Insurance Co's current Enterprise Value is ₩6,016,238 Mil.
Meritz Fire & Marine Insurance Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩1,298,197 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.


Meritz Fire & Marine Insurance Co  (XKRX:000060) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Meritz Fire & Marine Insurance Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2022 ) =EBIT / Enterprise Value (Q: Sep. 2022 )
=1298196.856/3718748.162
=34.91 %

Meritz Fire & Marine Insurance Co's Enterprise Value for the quarter that ended in Sep. 2022 was ₩3,718,748 Mil.
Meritz Fire & Marine Insurance Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩1,298,197 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.


Meritz Fire & Marine Insurance Co EV-to-EBIT Related Terms

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Meritz Fire & Marine Insurance Co (XKRX:000060) Business Description

Traded in Other Exchanges
N/A
Address
382 Gangnamdae-ro, Meritz Tower, Gangnam-gu, Seoul, KOR
Meritz Fire & Marine Insurance Co Ltd is a property and casualty insurance company. The company operates one segment that focuses on property and casualty insurance products in Korea. The company offers automobile insurance, life and health insurance, and commercial liability insurance products. Meritz generates all of its revenue in South Korea. Meritz also provides child insurance, cancer insurance, and assurance analysis services. The company considers merger and acquisition investment as a component of its operational growth strategy.

Meritz Fire & Marine Insurance Co (XKRX:000060) Headlines

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