GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Essent Group Ltd (FRA:EG0) » Definitions » Enterprise Value

Essent Group (FRA:EG0) Enterprise Value : €5,964 Mil (As of Dec. 14, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Essent Group Enterprise Value?

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, Essent Group's Enterprise Value is €5,964 Mil. Essent Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was €824 Mil. Therefore, Essent Group's EV-to-EBIT ratio for today is 7.24.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Essent Group's Enterprise Value is €5,964 Mil. Essent Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was €829 Mil. Therefore, Essent Group's EV-to-EBITDA ratio for today is 7.19.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Essent Group's Enterprise Value is €5,964 Mil. Essent Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was €1,123 Mil. Therefore, Essent Group's EV-to-Revenue ratio for today is 5.31.


Essent Group Enterprise Value Historical Data

The historical data trend for Essent Group'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.

* Premium members only.

Essent Group Enterprise Value Chart

Essent Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,703.08 4,069.76 4,652.63 4,261.80 5,373.54

Essent Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Enterprise Value 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 5,157.08 5,373.54 6,054.73 5,740.41 6,399.94

Competitive Comparison of Essent Group's Enterprise Value

For the Insurance - Specialty subindustry, Essent Group'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.


Essent Group's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Essent Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Essent Group's Enterprise Value falls into.



Essent Group Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Essent Group's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Essent Group's Enterprise Value for the quarter that ended in Sep. 2024 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.


Essent Group  (FRA:EG0) 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.

Essent Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5964.220/824.163
=7.24

Essent Group's current Enterprise Value is €5,964 Mil.
Essent Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €824 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Essent Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5964.220/829.383
=7.19

Essent Group's current Enterprise Value is €5,964 Mil.
Essent Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €829 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Essent Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5964.220/1123.051
=5.31

Essent Group's current Enterprise Value is €5,964 Mil.
Essent Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,123 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.


Essent Group Enterprise Value Related Terms

Thank you for viewing the detailed overview of Essent Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Essent Group Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Essent Group Ltd serves the housing finance industry by providing private mortgage insurance, reinsurance, risk management products and title insurance and settlement services to mortgage lenders, borrowers, and investors to support homeownership. It provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.

Essent Group Headlines

No Headlines