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. As of today, Legal & General Group's Enterprise Value is $-231 Mil.
Legal & General Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $534 Mil. Therefore, Legal & General Group's EV-to-EBIT ratio for today is -0.43.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Legal & General Group's Enterprise Value is $-231 Mil.
Legal & General Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $534 Mil. Therefore, Legal & General Group's EV-to-EBITDA ratio for today is -0.43.
Legal & General Group Enterprise Value Historical Data
The historical data trend for Legal & General Group'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.
Competitive Comparison of Legal & General Group's Enterprise Value
For the Asset Management subindustry, Legal & General Group'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.
Legal & General Group's Enterprise Value Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Legal & General Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Legal & General Group's Enterprise Value falls into.
Legal & General Group Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Legal & General Group's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Legal & General Group (OTCPK:LGGNY) 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-EBIT is calculated as Enterprise Value divided by its EBIT.
Legal & General Group's current Enterprise Value is $-231 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Legal & General Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $534 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Legal & General Group's EV-to-EBITDA for today is:
Legal & General Group's current Enterprise Value is $-231 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Legal & General Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $534 Mil.
Legal & General Group's current Enterprise Value is $-231 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Legal & General Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $46,099 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.
Legal & General Group Enterprise Value Related Terms
Thank you for viewing the detailed overview of Legal & General Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Legal & General Group (Legal & General Group) Business Description
Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and insurance. The retirement business provides provide guaranteed retirement income for corporate pension scheme members. Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment use customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Insurance business provides various types of insurance, including life and disability insurance. The company has a global presence but most of its assets under management are derived from the United Kingdom and Europe.
Legal & General Group (Legal & General Group) Headlines
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