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CorVel (CorVel) EV-to-EBIT : 42.37 (As of Apr. 25, 2024)


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What is CorVel EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CorVel's Enterprise Value is $4,029.4 Mil. CorVel's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $95.1 Mil. Therefore, CorVel's EV-to-EBIT for today is 42.37.

The historical rank and industry rank for CorVel's EV-to-EBIT or its related term are showing as below:

CRVL' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.49   Med: 20.05   Max: 48.19
Current: 42.37

During the past 13 years, the highest EV-to-EBIT of CorVel was 48.19. The lowest was 11.49. And the median was 20.05.

CRVL's EV-to-EBIT is ranked worse than
91.51% of 318 companies
in the Insurance industry
Industry Median: 7.865 vs CRVL: 42.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. CorVel's Enterprise Value for the quarter that ended in Dec. 2023 was $4,152.5 Mil. CorVel's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $95.1 Mil. CorVel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.29%.


CorVel EV-to-EBIT Historical Data

The historical data trend for CorVel'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.

CorVel EV-to-EBIT Chart

CorVel Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.28 16.38 29.55 34.37 38.19

CorVel 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 27.83 38.19 36.69 34.85 43.67

Competitive Comparison of CorVel's EV-to-EBIT

For the Insurance Brokers subindustry, CorVel'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.


CorVel's EV-to-EBIT Distribution in the Insurance Industry

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

* The bar in red indicates where CorVel's EV-to-EBIT falls into.



CorVel EV-to-EBIT Calculation

CorVel's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4029.394/95.097
=42.37

CorVel's current Enterprise Value is $4,029.4 Mil.
CorVel'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 $95.1 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.


CorVel  (NAS:CRVL) 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) %.

CorVel'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 )
=95.097/4152.517953
=2.29 %

CorVel's Enterprise Value for the quarter that ended in Dec. 2023 was $4,152.5 Mil.
CorVel'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 $95.1 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.


CorVel EV-to-EBIT Related Terms

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


CorVel (CorVel) Business Description

Traded in Other Exchanges
N/A
Address
5128 Apache Plume Road, Suite 400, Fort Worth, TX, USA, 76109
CorVel Corp applies technology including artificial intelligence, machine learning and natural language processing to enhance the managing of episodes of care and the related health care costs. It partners with employers, third-party administrators, insurance companies and government agencies in managing worker's compensation and health, auto and liability services. The company's solutions combine integrated technologies with a human touch. CorVel's customized services, delivered locally, are backed by a national team to support clients as well as their customers and patients.
Executives
Brandon O'brien officer: Chief Financial Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
V Gordon Clemons director, officer: Chairman of the Board 2010 MAIN STREET, STE 600, IRVINE CA 92614
Steven J Hamerslag director PO BOX 7227, RANCHO SANTA FE CA 92067
Maxim Shishin officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Michael G Combs officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Jean Macino director 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
R Judd Jessup director 30962 VIA SERENIDAD, COTO DE CAZA CA 92679
Mark E. Bertels officer: EVP - Risk Management Services 1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Corstar Holdings Inc 10 percent owner 2010 MAIN STREET STE 800, IRVINE CA 92614
Jennifer Yoss officer: Vice President of Accounting 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Gregory A. Dorn officer: Division President 1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Jeffrey J Michael director 2010 MAIN STREET STE 600, IRVINE CA 92614
Alan Hoops director 2010 MAIN ST STE 600, IRVINE CA 92614
Diane Blaha officer: Sr. VP of Sales & Account Mgmt 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Michael Saverien officer: Exec. VP, Risk Mgmt. Services 2010 MAIN STREET, SUITE 600, IRVINE CA 92614