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Argo Group (LSE:ARGO) EV-to-EBIT : 3.94 (As of May. 03, 2024)


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What is Argo Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Argo Group's Enterprise Value is £-2.40 Mil. Argo Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.61 Mil. Therefore, Argo Group's EV-to-EBIT for today is 3.94.

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

LSE:ARGO' s EV-to-EBIT Range Over the Past 10 Years
Min: -1455.31   Med: -2.4   Max: 6.48
Current: 3.94

During the past 13 years, the highest EV-to-EBIT of Argo Group was 6.48. The lowest was -1455.31. And the median was -2.40.

LSE:ARGO's EV-to-EBIT is ranked better than
75.86% of 497 companies
in the Asset Management industry
Industry Median: 9.72 vs LSE:ARGO: 3.94

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Argo Group's Enterprise Value for the quarter that ended in Jun. 2023 was £-1.00 Mil. Argo Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.61 Mil. Argo Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 60.70%.


Argo Group EV-to-EBIT Historical Data

The historical data trend for Argo 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.

Argo Group EV-to-EBIT Chart

Argo Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.23 -22.90 -4.90 4.14 0.48

Argo Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 4.14 - 0.48 -

Competitive Comparison of Argo Group's EV-to-EBIT

For the Asset Management subindustry, Argo 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.


Argo Group's EV-to-EBIT Distribution in the Asset Management Industry

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

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



Argo Group EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-2.397/-0.608
=3.94

Argo Group's current Enterprise Value is £-2.40 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argo Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.61 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.


Argo Group  (LSE:ARGO) 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) %.

Argo Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=-0.608/-1.0016
=60.70 %

Argo Group's Enterprise Value for the quarter that ended in Jun. 2023 was £-1.00 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argo Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.61 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.


Argo Group EV-to-EBIT Related Terms

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Argo Group (LSE:ARGO) Business Description

Traded in Other Exchanges
Address
24-25 New Bond Street, 2nd Floor, London, GBR, W1S 2RR
Argo Group Ltd is an investment management company that invests in multi-strategy investment in emerging markets. Its investment objective is to provide investors with absolute returns on the funds. The group aims to deliver low volatility, double-digit absolute returns through a fundamental, bottom-up investment approach. The Group's funds invest in performing fixed-income securities, both sovereign and corporate, distressed debt, and real estate. The company operates as a single asset management business.

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