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Horace Mann EducatorsHMN -0.65%69 EV-to-EBITDA is 9.95 as of Jul. 27, 2026, which is 19% below its 10-year median of 12.29. GuruFocus rates HMN with a GF Score™ of 69/100 and a GF Value™ of $43.60 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 348 Insurance companies, Horace Mann Educators ranks worse than 62.36% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Horace Mann Educators's enterprise value is $2,665 Mil.
Horace Mann Educators's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $268 Mil. Therefore, Horace Mann Educators's EV-to-EBITDA for today is 9.95.
The historical rank and industry rank for Horace Mann Educators's EV-to-EBITDA or its related term are showing as below:
HMN'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.73 Med: 12.29 Max: 63.63
Current: 9.95
During the past 13 years, the highest EV-to-EBITDA of Horace Mann Educators was 63.63. The lowest was 6.73. And the median was 12.29.
HMN's EV-to-EBITDA is ranked worse than 62.36% of 348
companies
in the Insurance industry
Industry Median: 8.26
vs HMN: 9.95
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Horace Mann Educators (NYSE:HMN) 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 (TTM) to determine the fair market value of a company.
Horace Mann Educators's PE Ratio (TTM) for today is calculated as:
Horace Mann Educators's share price for today is $51.76.
Horace Mann Educators's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.980.
* 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 (TTM).
Horace Mann Educators EV-to-EBITDA Historical Data
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The historical data trend for Horace Mann Educators'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.
For the Insurance - Property & Casualty subindustry, Horace Mann Educators'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.
Horace Mann Educators EV-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, Horace Mann Educators's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Horace Mann Educators's EV-to-EBITDA falls into.
Horace Mann Educators's current Enterprise Value is $2,665 Mil.
Horace Mann Educators's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $268 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.
Horace Mann Educators (HMN) has a EV-to-EBITDA of 9.95 as of Jul. 27, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Horace Mann Educators. This is 19% below median its historical median of 12.29. Over the past decade, Horace Mann Educators' EV-to-EBITDA has ranged from 6.73 to 63.63. According to the industry distribution chart, Horace Mann Educators ranks #217 out of 348 companies in the Insurance industry, placing it in the top 62.4%.
Is Horace Mann Educators' EV-to-EBITDA too high?
Horace Mann Educators' current EV-to-EBITDA of 9.95 is 19% below median its 10-year median of 12.29. Over the past 10 years, this metric has ranged from a low of 6.73 to a high of 63.63. The Insurance industry median EV-to-EBITDA is 8.26. Horace Mann Educators' value of 9.95 is 20.5% above this industry median. Based on the distribution chart, Horace Mann Educators ranks #217 out of 348 companies in the Insurance industry, which is below the industry midpoint. Overall, Horace Mann Educators has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horace Mann Educators' EV-to-EBITDA compare to STC and HCI?
According to the Insurance industry distribution chart, Horace Mann Educators ranks #217 out of 348 companies for EV-to-EBITDA. This places Horace Mann Educators in the lower half of its industry. The industry median EV-to-EBITDA is 8.26. Horace Mann Educators' value of 9.95 is 20.5% above this benchmark. Historically, Horace Mann Educators' own EV-to-EBITDA has ranged from 6.73 to 63.63 over the past decade. While the company's 10-year median is 12.29 vs. the industry median of 8.26, Horace Mann Educators has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Insurance company?
The median EV-to-EBITDA among Insurance companies is 8.26, based on 348 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Horace Mann Educators's current EV-to-EBITDA of 9.95 is 20.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Horace Mann Educators. For the Insurance industry, the median EV-to-EBITDA is 8.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horace Mann Educators's current EV-to-EBITDA is 9.95, which is 19% below median its own 10-year median of 12.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horace Mann Educators stock overvalued right now?
Based on GuruFocus' analysis, Horace Mann Educators (HMN) is currently considered Modestly Overvalued. The stock's GF Value™ is $43.60, compared to a current price of $51.76 — trading 18.7% above its estimated fair value. The current EV-to-EBITDA is 9.95, which is 19% below median its 10-year median of 12.29 and 20.5% above the Insurance industry median of 8.26. Horace Mann Educators' overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Horace Mann Educators (HMN), the current EV-to-EBITDA is 9.95 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Horace Mann Educators (HMN) Overvalued in 2026?
Based on GuruFocus' analysis, Horace Mann Educators stock appears to be overvalued.
The current stock price of $51.76 is trading 18.7% above its estimated GF Value™ of $43.60.
GuruFocus considers Horace Mann Educators to be Modestly Overvalued.
Key valuation signals for HMN:
EV-to-EBITDA: 9.95 (19% below median its 10-year median of 12.29)
GF Value™: $43.60 vs. price of $51.76 (18.7% above fair value)
Industry Position: 20.5% above the Insurance median (#217 of 348)
No single metric tells the full story. See the HMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horace Mann Educators Corp is a diversified insurance holding company that markets and underwrites personal lines of property and casualty insurance, retirement annuities, and life insurance. The company's property and casualty operations focus on automobile and homeowner insurance, while the retirement annuities are tax-qualified products. Horace Mann Educators markets its products to kindergarten through 12th-grade teachers, administrators, and other employees of public schools and their families. The Company conducts and manages its business in four reporting segments: (1) Property & Casualty, (2) Life & Retirement, (3) Supplemental & Group Benefits and (4) Corporate & Other.
69GF Score
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