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MGIC Investment (MGIC Investment) EV-to-EBITDA

: 5.63 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, MGIC Investment's enterprise value is $5,489 Mil. MGIC Investment's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $974 Mil. Therefore, MGIC Investment's EV-to-EBITDA for today is 5.63.

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

MTG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -13.95   Med: 6.42   Max: 39.96
Current: 5.63

During the past 13 years, the highest EV-to-EBITDA of MGIC Investment was 39.96. The lowest was -13.95. And the median was 6.42.

MTG's EV-to-EBITDA is ranked better than
62.08% of 327 companies
in the Insurance industry
Industry Median: 7.29 vs MTG: 5.63

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 (2024-04-19), MGIC Investment's stock price is $19.58. MGIC Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.490. Therefore, MGIC Investment's PE Ratio for today is 7.86.

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


MGIC Investment EV-to-EBITDA Historical Data

The historical data trend for MGIC Investment'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.

MGIC Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.89 7.69 5.84 3.48 5.68

MGIC Investment 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 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 3.48 3.61 4.49 5.09 5.68

Competitive Comparison

For the Insurance - Specialty subindustry, MGIC Investment'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.


MGIC Investment EV-to-EBITDA Distribution

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

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



MGIC Investment EV-to-EBITDA Calculation

MGIC Investment's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5489.481/974.364
=5.63

MGIC Investment's current Enterprise Value is $5,489 Mil.
MGIC Investment'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 $974 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.


MGIC Investment  (NYSE:MTG) 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.

MGIC Investment's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=19.58/2.490
=7.86

MGIC Investment's share price for today is $19.58.
MGIC Investment'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 $2.490.

* 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?


MGIC Investment EV-to-EBITDA Related Terms

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


MGIC Investment (MGIC Investment) Business Description

Traded in Other Exchanges
Address
250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.
Executives
Michael Leal Thompson director 4 BRIDGET COURT, BURR RIDGE IL 60527
Analisa M Allen director 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Teresita M. Lowman director 2235 ENTERPRISE STREET #110, ESCONDIDO CA 92029
Jodee A Kozlak director 1000 NICOLLET MALL, TPS-3255, MINNEAPOLIS MN 55403
Jay C. Hartzell director 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Sheryl L. Sculley director 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Gary A. Poliner director C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Daniel A. Arrigoni director C/O MGIC INVESTMENT CORPORATION, 250 E KILBOURN AVE, MILWAUKEE WI 53202
James J. Hughes officer: SVP-Sales & Bus. Development C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Michael E Lehman director
Julie K. Sperber officer: VP-Controller & Chief Acct Off MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Patrick Sinks officer: Executive Vice President 250 E KILBOURN AVE, MILWAUKEE WI 53202
Steven M. Thompson officer: EVP&CRO-Mort Gty Ins Corp 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Nathaniel H Colson officer: Executive Vice President & CFO C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Robert J Candelmo officer: SVP-Chief Information Officer 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202