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Open Lending (Open Lending) EV-to-EBITDA : 12.43 (As of Apr. 30, 2024)


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What is Open Lending EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Open Lending's enterprise value is $505.5 Mil. Open Lending's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $40.7 Mil. Therefore, Open Lending's EV-to-EBITDA for today is 12.43.

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

LPRO' s EV-to-EBITDA Range Over the Past 10 Years
Min: -471.25   Med: 9.81   Max: 68.23
Current: 12.43

During the past 6 years, the highest EV-to-EBITDA of Open Lending was 68.23. The lowest was -471.25. And the median was 9.81.

LPRO's EV-to-EBITDA is ranked better than
68.59% of 312 companies
in the Credit Services industry
Industry Median: 20.455 vs LPRO: 12.43

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), Open Lending's stock price is $5.10. Open Lending's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.170. Therefore, Open Lending's PE Ratio for today is 30.00.

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


Open Lending EV-to-EBITDA Historical Data

The historical data trend for Open Lending'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.

Open Lending EV-to-EBITDA Chart

Open Lending Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial - -57.56 14.54 7.80 22.59

Open Lending Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 7.80 9.05 16.45 15.17 22.59

Competitive Comparison of Open Lending's EV-to-EBITDA

For the Credit Services subindustry, Open Lending'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.


Open Lending's EV-to-EBITDA Distribution in the Credit Services Industry

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

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



Open Lending EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=505.464/40.678
=12.43

Open Lending's current Enterprise Value is $505.5 Mil.
Open Lending'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 $40.7 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.


Open Lending  (NAS:LPRO) 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.

Open Lending's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5.10/0.170
=30.00

Open Lending's share price for today is $5.10.
Open Lending'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 $0.170.

* 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?


Open Lending EV-to-EBITDA Related Terms

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


Open Lending (Open Lending) Business Description

Traded in Other Exchanges
N/A
Address
1501 S. Mopac Expressway, Suite 450, Austin, TX, USA, 78746
Open Lending Corp is engaged in providing automated lending services to financial institutions. The company offers loan analytics, risk-based pricing, risk modeling, and automated decision technology. Its Lenders Protection Program ("LPP") enables automotive lenders to make loans that are largely insured against losses from defaults.
Executives
John Joseph Flynn director, officer: See Remarks C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Shawna Kelley Shelor officer: Chief People Officer C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Thomas K Hegge director C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Shubhi Suryaji Rao director OPEN LENDING CORPORATION, BARTON OAKS ONE 901 S MOPAC EXPRESSWAY, AUSTIN TX 78746
Matthew Stark officer: EVP and General Counsel C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Matthew Roe officer: Chief Revenue Officer C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Thinh Nguyen officer: Chief Information Officer C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Simona Fillarini officer: Chief Human Resources Officer C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Cecilia Camarillo officer: Chief Accounting Officer C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Sarah Lackey officer: Chief Technology Officer C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Keith Jezek director, officer: Chief Executive Officer C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Charles D Jehl officer: Chief Financial Officer C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
Ross M. Jessup director, officer: See Remarks BARTON OAKS ONE, 901 S. MOPAC EXPRESSWAY, BLDG 1 STE 510, AUSTIN TX 78746
Bregal Sagemount I, L.p. 10 percent owner SECOND FLOOR, WINDWARD HOUSE, LA ROUTE DE LA LIBERATION, ST. HELIER Y9 JE2 3BQ
Blair J. Greenberg director C/O BREGAL INVESTEMENTS, INC., SECOND FLOOR, WINDWARD HOUSE, LA ROUTE D, ST. HELIER CHANNEL ISLANDS Y9 JE2 3BQ