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Migdal Insurance & Financial Holdings (XTAE:MGDL) EV-to-EBIT : -7.92 (As of May. 05, 2024)


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What is Migdal Insurance & Financial Holdings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Migdal Insurance & Financial Holdings's Enterprise Value is ₪-8,664 Mil. Migdal Insurance & Financial Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₪1,094 Mil. Therefore, Migdal Insurance & Financial Holdings's EV-to-EBIT for today is -7.92.

The historical rank and industry rank for Migdal Insurance & Financial Holdings's EV-to-EBIT or its related term are showing as below:

XTAE:MGDL' s EV-to-EBIT Range Over the Past 10 Years
Min: -404.23   Med: -3.67   Max: 24.04
Current: -7.92

During the past 13 years, the highest EV-to-EBIT of Migdal Insurance & Financial Holdings was 24.04. The lowest was -404.23. And the median was -3.67.

XTAE:MGDL's EV-to-EBIT is ranked better than
97.81% of 320 companies
in the Insurance industry
Industry Median: 7.66 vs XTAE:MGDL: -7.92

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Migdal Insurance & Financial Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was ₪-9,202 Mil. Migdal Insurance & Financial Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₪1,094 Mil. Migdal Insurance & Financial Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.88%.


Migdal Insurance & Financial Holdings EV-to-EBIT Historical Data

The historical data trend for Migdal Insurance & Financial Holdings'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.

Migdal Insurance & Financial Holdings EV-to-EBIT Chart

Migdal Insurance & Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -330.42 -5.34 -4.18 -5.50 -8.41

Migdal Insurance & Financial Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -5.50 -331.03 -19.68 -15.48 -8.41

Competitive Comparison of Migdal Insurance & Financial Holdings's EV-to-EBIT

For the Insurance - Life subindustry, Migdal Insurance & Financial Holdings'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.


Migdal Insurance & Financial Holdings's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Migdal Insurance & Financial Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Migdal Insurance & Financial Holdings's EV-to-EBIT falls into.



Migdal Insurance & Financial Holdings EV-to-EBIT Calculation

Migdal Insurance & Financial Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-8663.918/1093.581
=-7.92

Migdal Insurance & Financial Holdings's current Enterprise Value is ₪-8,664 Mil.
Migdal Insurance & Financial Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪1,094 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.


Migdal Insurance & Financial Holdings  (XTAE:MGDL) 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) %.

Migdal Insurance & Financial Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=1093.581/-9202.073
=-11.88 %

Migdal Insurance & Financial Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was ₪-9,202 Mil.
Migdal Insurance & Financial Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪1,094 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.


Migdal Insurance & Financial Holdings EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Migdal Insurance & Financial Holdings's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Migdal Insurance & Financial Holdings (XTAE:MGDL) Business Description

Traded in Other Exchanges
N/A
Address
4 Efal Street, Kiryat-Aryeh, Petach Tikva, ISR, 49511
Migdal Insurance & Financial Holdings Ltd is a diversified insurance and finance company in Israel. The company provides a wide variety of insurance, pension, and financial asset management services. The group's key areas of activity include life insurance, health insurance, general insurance, and financial services. Migdal's asset management department includes divisions in credit, real estate, and private equity.

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