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EMC Insurance Group (EMC Insurance Group) Enterprise Value

: $780.5 Mil (As of Today)
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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, EMC Insurance Group's Enterprise Value is $780.5 Mil. EMC Insurance Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2019 was $38.2 Mil. Therefore, EMC Insurance Group's EV-to-EBIT ratio for today is 20.44.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, EMC Insurance Group's Enterprise Value is $780.5 Mil. EMC Insurance Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2019 was $38.2 Mil. Therefore, EMC Insurance Group's EV-to-EBITDA ratio for today is 20.44.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, EMC Insurance Group's Enterprise Value is $780.5 Mil. EMC Insurance Group's Revenue for the trailing twelve months (TTM) ended in Jun. 2019 was $721.9 Mil. Therefore, EMC Insurance Group's EV-to-Revenue ratio for today is 1.08.


EMC Insurance Group Enterprise Value Historical Data

The historical data trend for EMC Insurance 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.

* Premium members only.

EMC Insurance Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 505.56 550.52 661.58 640.21 713.10

EMC Insurance Group Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 622.74 558.04 713.10 715.55 805.58

Competitive Comparison

For the Insurance - Property & Casualty subindustry, EMC Insurance 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.


EMC Insurance Group Enterprise Value Distribution

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

* The bar in red indicates where EMC Insurance Group's Enterprise Value falls into.



EMC Insurance 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.

EMC Insurance Group's Enterprise Value for the fiscal year that ended in Dec. 2018 is calculated as

EMC Insurance Group's Enterprise Value for the quarter that ended in Jun. 2019 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.


EMC Insurance Group  (NAS:EMCI) 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.

EMC Insurance Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=780.480/38.182
=20.44

EMC Insurance Group's current Enterprise Value is $780.5 Mil.
EMC Insurance Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.2 Mil.

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

EMC Insurance Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=780.480/38.182
=20.44

EMC Insurance Group's current Enterprise Value is $780.5 Mil.
EMC Insurance Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.2 Mil.

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

EMC Insurance Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=780.480/721.853
=1.08

EMC Insurance Group's current Enterprise Value is $780.5 Mil.
EMC Insurance Group's Revenue for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $721.9 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.


EMC Insurance Group Enterprise Value Related Terms

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EMC Insurance Group (EMC Insurance Group) Business Description

Traded in Other Exchanges
N/A
Address
717 Mulberry Street, Des Moines, IA, USA, 50309
EMC Insurance Group Inc is a United States based insurance provider that focusses on non-life insurance products. It derives significant revenues from its property and casualty insurance products, which it sells through its subsidiaries company. Its secondary source of revenue is its reinsurance segment. The group manages its reinsurance business through its subsidiary, EMC Reinsurance company, which sells commercial lines of property and casualty insurance products to small and medium-sized businesses.
Executives
Thomas W Booth other: Director-EMCC-Parent Company 2868 SHADOW LAKE ROAD, DES MOINES IA 80026
David O Narigon officer: Senior Vice President

EMC Insurance Group (EMC Insurance Group) Headlines

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