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Essent Group (Essent Group) EV-to-EBITDA : 7.03 (As of Apr. 26, 2024)


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What is Essent Group EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Essent Group's enterprise value is $6,030 Mil. Essent Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $858 Mil. Therefore, Essent Group's EV-to-EBITDA for today is 7.03.

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

ESNT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.59   Med: 7.94   Max: 29.16
Current: 7.03

During the past 13 years, the highest EV-to-EBITDA of Essent Group was 29.16. The lowest was 3.59. And the median was 7.94.

ESNT's EV-to-EBITDA is ranked better than
51.69% of 325 companies
in the Insurance industry
Industry Median: 7.53 vs ESNT: 7.03

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-26), Essent Group's stock price is $53.98. Essent Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $6.500. Therefore, Essent Group's PE Ratio for today is 8.30.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Essent Group EV-to-EBITDA Historical Data

The historical data trend for Essent Group's EV-to-EBITDA 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.

Essent Group EV-to-EBITDA Chart

Essent Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.83 10.10 6.38 4.50 6.88

Essent Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 4.50 5.27 6.52 6.52 6.88

Competitive Comparison of Essent Group's EV-to-EBITDA

For the Insurance - Specialty subindustry, Essent Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Essent Group's EV-to-EBITDA Distribution in the Insurance Industry

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

* The bar in red indicates where Essent Group's EV-to-EBITDA falls into.



Essent Group EV-to-EBITDA Calculation

Essent Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6029.682/857.661
=7.03

Essent Group's current Enterprise Value is $6,030 Mil.
Essent Group'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 $858 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.


Essent Group  (NYSE:ESNT) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Essent Group's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=53.98/6.500
=8.30

Essent Group's share price for today is $53.98.
Essent Group's Earnings per Share (Diluted) 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 $6.500.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Essent Group EV-to-EBITDA Related Terms

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


Essent Group (Essent Group) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Essent Group Ltd is a private mortgage insurance company in the United States. Essent provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.
Executives
Mary Lourdes Gibbons officer: Sr. VP, CLO & Assit. Secretary C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Vijay Bhasin officer: Sr. VP & Chief Risk Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
David B Weinstock officer: VP & Chief Accounting Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Douglas J Pauls director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Aditya Dutt director RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Anu Karna director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Robert Glanville director C/O PINE BROOK ROAD PARTNERS LLC, 42ND STREET, 50TH FLOOR, NEW YORK NY 10165
Mark Casale director, officer: CEO & President C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Mcalee Lawrence E Jr officer: Sr. VP & CFO C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
William Spiegel director C/O MONTOPELIER RE HOLDINGS LTD, MINTFLOER PLACE 8 PAR LA VILLE RD, HAMILTON BERMUDA D0 HM 08
Roy James Kasmar director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Joseph Hissong officer: Senior Vice President C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Jeff Cashmer officer: SVP & Chief Business Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Christopher G Curran officer: SVP, Corporate Development C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Jane Chwick director C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171