Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CNA Financial's Enterprise Value is €13,672 Mil.
CNA Financial's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1,437 Mil. Therefore, CNA Financial's EV-to-EBIT ratio for today is 9.51.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, CNA Financial's Enterprise Value is €13,672 Mil.
CNA Financial's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €1,500 Mil. Therefore, CNA Financial's EV-to-EBITDA ratio for today is 9.12.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, CNA Financial's Enterprise Value is €13,672 Mil.
CNA Financial's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €12,688 Mil. Therefore, CNA Financial's EV-to-Revenue ratio for today is 1.08.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, CNA Financial's Enterprise Value is €13,672 Mil.
CNA Financial's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1,858 Mil. Therefore, CNA Financial's EV-to-FCF ratio for today is 7.36.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
CNA Financial (FRA:CNH) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
CNA Financial's current Enterprise Value is €13,672 Mil.
CNA Financial's EBIT 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 €1,437 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
CNA Financial's current Enterprise Value is €13,672 Mil.
CNA Financial'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 €1,500 Mil.
CNA Financial's current Enterprise Value is €13,672 Mil.
CNA Financial's Revenue 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 €12,688 Mil.
CNA Financial's current Enterprise Value is €13,672 Mil.
CNA Financial's Cash Flow from Operations 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 €1,927 Mil.
CNA Financial's current Enterprise Value is €13,672 Mil.
CNA Financial's Free Cash Flow 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 €1,858 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.
CNA Financial Enterprise Value Related Terms
CNA Financial Enterprise Value Historical Data
* Premium members only.
The historical data trend for CNA Financial's Enterprise Value 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.
FRA:CNH vs AFG, AIZ, ORI: Enterprise Value Comparison
For the Insurance - Property & Casualty subindustry, CNA Financial's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
CNA Financial Enterprise Value vs Insurance Industry
For the Insurance industry and Financial Services sector, CNA Financial's Enterprise Value distribution charts can be found below:
* The bar in red indicates where CNA Financial's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
CNA Financial's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
CNA Financial (FRA:CNH) has a Enterprise Value of €13,672 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CNA Financial and its competitors.
Is CNA Financial's Enterprise Value too high?
CNA Financial's current Enterprise Value is €13,672 Mil. Overall, CNA Financial has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CNA Financial's Enterprise Value compare to AFG and AIZ?
CNA Financial's Enterprise Value of €13,672 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Insurance company?
A good Enterprise Value depends on the Insurance industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CNA Financial and its competitors. CNA Financial's current Enterprise Value is €13,672 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNA Financial stock overvalued right now?
Based on GuruFocus' analysis, CNA Financial (FRA:CNH) is currently considered Fairly Valued. The stock's GF Value™ is €42.05, compared to a current price of €40.84 — trading 2.9% below its estimated fair value. The current Enterprise Value is €13,672 Mil. CNA Financial's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For CNA Financial (FRA:CNH), the current Enterprise Value is €13,672 Mil as of Jun. 28, 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 CNA Financial (FRA:CNH) Overvalued in 2026?
Based on GuruFocus' analysis, CNA Financial stock appears to be undervalued.
The current stock price of €40.84 is trading 2.9% below its estimated GF Value™ of €42.05.
GuruFocus considers CNA Financial to be Fairly Valued.
Key valuation signals for FRA:CNH:
Enterprise Value: €13,672 Mil
GF Value™: €42.05 vs. price of €40.84 (2.9% below fair value)
No single metric tells the full story. See the FRA:CNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CNA Financial Corporation (CNAF) is an insurance holding company that provides commercial property and casualty insurance. The company operates under five segments: Specialty, Commercial and International being its core business, and two segments for its non-core businesses, which are Life and Group and Corporate and Other. CNAF, through its segments, provides professional, financial, specialty property, and casualty products to small businesses and medium-scale organizations. It has its business spread across Continental Europe, United Kingdom, and Canada. The majority of the revenues are generated from the Specialty and Commercial segment of the business.
63GF Score
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