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Legal & General Group (Legal & General Group) EV-to-EBIT : -0.24 (As of Apr. 26, 2024)


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What is Legal & General Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Legal & General Group's Enterprise Value is $-130 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 for today is -0.24.

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

LGGNY' s EV-to-EBIT Range Over the Past 10 Years
Min: -14.88   Med: 0.39   Max: 4.22
Current: -0.65

During the past 13 years, the highest EV-to-EBIT of Legal & General Group was 4.22. The lowest was -14.88. And the median was 0.39.

LGGNY's EV-to-EBIT is ranked better than
94.42% of 502 companies
in the Asset Management industry
Industry Median: 9.75 vs LGGNY: -0.65

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Legal & General Group's Enterprise Value for the quarter that ended in Dec. 2023 was $1,293 Mil. Legal & General Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $534 Mil. Legal & General Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 41.28%.

Legal & General Group EV-to-EBIT Historical Data

The historical data trend for Legal & General Group'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.

Legal & General Group EV-to-EBIT Chart

Legal & General Group 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 3.83 1.99 2.40 -13.26 1.37

Legal & General Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.40 - -13.26 - 1.37

Competitive Comparison of Legal & General Group's EV-to-EBIT

For the Asset Management subindustry, Legal & General Group'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.

Legal & General Group's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legal & General Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Legal & General Group's EV-to-EBIT falls into.


Legal & General Group EV-to-EBIT Calculation

Legal & General Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-129.699/533.854
=-0.24

Legal & General Group's current Enterprise Value is $-130 Mil.
For company reported semi-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.

* 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) 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) %.

Legal & General Group'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 )
=533.854/1293.0992
=41.28 %

Legal & General Group's Enterprise Value for the quarter that ended in Dec. 2023 was $1,293 Mil.
For company reported semi-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.

* 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 EV-to-EBIT Related Terms

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

Legal & General Group (Legal & General Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legal & General Group PLC (OTCPK:LGGNY) » Definitions » EV-to-EBIT
Comparable Companies
LSE:SMT LSE:SDR LSE:ICP LSE:MNG LSE:FCIT LSE:PCT LSE:ATST LSE:HL. LSE:UKW LSE:EMG BLK BX KKR OSTO:INVE A APO TSX:BN AMP BK OSTO:EQT XSWX:PGHN
Traded in Other Exchanges
LGGNF:USA LGENl:UK LGEN:UK LGI:Germany
Address
One Coleman Street, London, GBR, EC2R 5AA
Website
https://www.legalandgeneralgroup.com
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.