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Sagicor Financial Co (TSX:SFC) EBIT : C$1,149 Mil (TTM As of Sep. 2024)


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What is Sagicor Financial Co EBIT?

Sagicor Financial Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$208 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$1,149 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sagicor Financial Co's annualized ROC % for the quarter that ended in Sep. 2024 was 1.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sagicor Financial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 41.46%.


Sagicor Financial Co EBIT Historical Data

The historical data trend for Sagicor Financial Co's 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.

Sagicor Financial Co EBIT Chart

Sagicor Financial Co Annual Data
Trend Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -0.42 145.74 448.95 -69.45 1,045.21

Sagicor Financial Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 75.18 751.40 139.92 49.25 207.93

Competitive Comparison of Sagicor Financial Co's EBIT

For the Insurance - Life subindustry, Sagicor Financial Co'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.


Sagicor Financial Co's EV-to-EBIT Distribution in the Insurance Industry

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

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



Sagicor Financial Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,149 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.


Sagicor Financial Co  (TSX:SFC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sagicor Financial Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=831.712 * ( 1 - 31.5% )/( (29170.4341 + 30336.2184)/ 2 )
=569.72272/29753.32625
=1.91 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=30156.161 - 465.652 - ( 535.18 - 5% * 302.102 )
=29170.4341

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=31187.678 - 455.307 - ( 447.652 - 5% * 1029.988 )
=30336.2184

Note: The EBIT data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sagicor Financial Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1148.5/2770.210
=41.46 %

* 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.


Sagicor Financial Co EBIT Related Terms

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Sagicor Financial Co Business Description

Traded in Other Exchanges
Address
Cecil F De Caires Building, Wildey, Saint Michael, BRB, BB15096
Sagicor Financial Co Ltd is a financial services provider in the Caribbean. The firm offers various products and services, including life, health, and general insurance, annuities, pension administration, banking, and investment management. Sagicor operates through the following segments; Sagicor Jamaica, Sagicor Life USA, Sagicor Canada, and Sagicor Life. Geographically, the firm operates in Jamaica, the United States, Canada, Barbados, Trinidad and Tobago, and other countries in the Caribbean. The company derives a majority of its revenue from Canada.
Executives
Andre Guy Mousseau Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Alan Kenneth Ryder Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Gilbert Samuel Palter Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Sagicor Financial Co Headlines

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