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Hagerty (Hagerty) EV-to-EBITDA : (As of Apr. 30, 2024)


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What is Hagerty EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Hagerty's enterprise value is $820 Mil. Hagerty's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil. Therefore, Hagerty's EV-to-EBITDA for today is .

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

During the past 6 years, the highest EV-to-EBITDA of Hagerty was 6.09. The lowest was 0.00. And the median was 0.00.

HGTY's EV-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 7.325
* Ranked among companies with meaningful EV-to-EBITDA only.

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 (2024-04-30), Hagerty's stock price is $8.95. Hagerty's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.190. Therefore, Hagerty's PE Ratio for today is 47.11.

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


Hagerty EV-to-EBITDA Historical Data

The historical data trend for Hagerty'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.

Hagerty EV-to-EBITDA Chart

Hagerty Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Hagerty Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Hagerty's EV-to-EBITDA

For the Insurance - Property & Casualty subindustry, Hagerty'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.


Hagerty's EV-to-EBITDA Distribution in the Insurance Industry

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

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



Hagerty EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=820.335/0
=

Hagerty's current Enterprise Value is $820 Mil.
Hagerty'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 $0 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.


Hagerty  (NYSE:HGTY) 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.

Hagerty's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.95/0.190
=47.11

Hagerty's share price for today is $8.95.
Hagerty'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 $0.190.

* 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?


Hagerty EV-to-EBITDA Related Terms

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


Hagerty (Hagerty) Business Description

Traded in Other Exchanges
N/A
Address
121 Drivers Edge, Traverse, MI, USA, 49684
Hagerty Inc is a provider of specialty automotive insurance. It offers insurance for cars, boats, trucks, motorcycles, tractors, motorsports and others. Substantial revenue is derived from Commission and fees. Geographically it serves Europe, Canada and the United States.
Executives
Laurie Harris director C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BOULEVARD, BRIDGEWATER TOWNSHIP NJ 08807
Patrick Mcclymont officer: Chief Financial Officer 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Kenneth Ahn officer: President, Hagerty Marketplace C/O BRIMSTONE ACQUISITION HOLDINGS CORP., 500 SOUTH POINTE DRIVE, SUITE 240, MIAMI BEACH FL 33139
William H Swanson director 870 WINTER STREET, WALTHAM MA 02451
Kelly Edward Smith officer: Chief Strategy Officer 2310 W. THREE LAKES DR., MERIDIAN ID 83646
John Carlisle Butcher officer: President 18 THOMASINA LN., DARIEN CT 06820
Hagerty Holding Corp. 10 percent owner 121 DRIVERS EDGE, TRAVERSE CITY MI 49684
Mika Salmi director GSTEIGSTRASSE 17, ERLENBACH V8 8703
Mckeel Hagerty director, officer: Chief Executive Officer 175 WILSON RD., TRAVERSE CITY MI 49686
Frederick Turcotte officer: Chief Financial Officer 579 HIDDEN RIDGE DR., TRAVERSE CITY MI 49686
Champagne Collette officer: Chief Operating Officer 510 SIXTH ST., TRAVERSE CITY MI 49684
Barbara E Matthews officer: SVP, Gen. Counsel & Corp Secr. 323 GREEN ACRES LN., ELK RAPIDS MI 49629
Paul Rehrig officer: Pres. of Hagerty Media & Entmt 13821 W. 87TH DR., ARVADA CO 80005
Michael L. Tipsord director STATE FARM INSURANCE COMPANYS, 1 STATE FARM PLAZA, BLOOMINGTON IL 61710
Sabrina Kay director 30930 RUSSELL RANCH ROAD, SUITE 300, WESTLAKE VILLAGE CA 91362