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E-L Financial (E-L Financial) Enterprise Value : $3,207 Mil (As of Apr. 28, 2024)


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What is E-L Financial Enterprise Value?

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, E-L Financial's Enterprise Value is $3,207 Mil. E-L Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $965 Mil. Therefore, E-L Financial's EV-to-EBIT ratio for today is 3.32.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, E-L Financial's Enterprise Value is $3,207 Mil. E-L Financial's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $965 Mil. Therefore, E-L Financial's EV-to-EBITDA ratio for today is 3.32.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, E-L Financial's Enterprise Value is $3,207 Mil. E-L Financial's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $2,291 Mil. Therefore, E-L Financial's EV-to-Revenue ratio for today is 1.40.


E-L Financial Enterprise Value Historical Data

The historical data trend for E-L Financial'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.

* Premium members only.

E-L Financial Enterprise Value Chart

E-L Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,652.07 3,479.62 3,861.42 3,631.91 4,011.96

E-L Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 3,631.91 3,648.12 3,685.70 3,563.96 4,011.96

Competitive Comparison of E-L Financial's Enterprise Value

For the Insurance - Life subindustry, E-L Financial'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.


E-L Financial's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, E-L Financial's Enterprise Value distribution charts can be found below:

* The bar in red indicates where E-L Financial's Enterprise Value falls into.



E-L Financial 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.

E-L Financial's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

E-L Financial's Enterprise Value for the quarter 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.


E-L Financial  (OTCPK:ELFIF) 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.

E-L Financial's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3207.007/965.414
=3.32

E-L Financial's current Enterprise Value is $3,207 Mil.
E-L Financial'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 $965 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

E-L Financial's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3207.007/965.414
=3.32

E-L Financial's current Enterprise Value is $3,207 Mil.
E-L Financial's EBITDA 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 $965 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

E-L Financial's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3207.007/2290.885
=1.40

E-L Financial's current Enterprise Value is $3,207 Mil.
E-L Financial's Revenue 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 $2,291 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.


E-L Financial Enterprise Value Related Terms

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E-L Financial (E-L Financial) Business Description

Address
165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8
E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies. The firm generates a majority of its revenue from the E-L Corporate segment.

E-L Financial (E-L Financial) Headlines

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