GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Manulife Financial Corp (TSX:MFC) » Definitions » Enterprise Value

Manulife Financial (TSX:MFC) Enterprise Value : C$74,603 Mil (As of Dec. 11, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Manulife Financial 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, Manulife Financial's Enterprise Value is C$74,603 Mil. Manulife Financial's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was C$8,751 Mil. Therefore, Manulife Financial's EV-to-EBIT ratio for today is 8.53.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Manulife Financial's Enterprise Value is C$74,603 Mil. Manulife Financial's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was C$6,997 Mil. Therefore, Manulife Financial's EV-to-EBITDA ratio for today is 10.66.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Manulife Financial's Enterprise Value is C$74,603 Mil. Manulife Financial's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was C$48,712 Mil. Therefore, Manulife Financial's EV-to-Revenue ratio for today is 1.53.


Manulife Financial Enterprise Value Historical Data

The historical data trend for Manulife 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.

* Premium members only.

Manulife Financial Enterprise Value Chart

Manulife Financial 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 47,766.63 37,049.66 43,922.05 46,327.34 53,371.85

Manulife Financial 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 44,160.84 53,371.85 60,863.83 65,019.55 68,867.23

Competitive Comparison of Manulife Financial's Enterprise Value

For the Insurance - Life subindustry, Manulife 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.


Manulife Financial's Enterprise Value Distribution in the Insurance Industry

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

* The bar in red indicates where Manulife Financial's Enterprise Value falls into.



Manulife Financial 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.

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

Manulife Financial'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.


Manulife Financial  (TSX:MFC) 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.

Manulife Financial's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=74603.119/8751
=8.53

Manulife Financial's current Enterprise Value is C$74,603 Mil.
Manulife Financial'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 C$8,751 Mil.

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

Manulife Financial's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=74603.119/6997
=10.66

Manulife Financial's current Enterprise Value is C$74,603 Mil.
Manulife Financial'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 C$6,997 Mil.

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

Manulife Financial's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=74603.119/48712
=1.53

Manulife Financial's current Enterprise Value is C$74,603 Mil.
Manulife Financial'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 C$48,712 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.


Manulife Financial Enterprise Value Related Terms

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


Manulife Financial Business Description

Address
200 Bloor Street East, Toronto, ON, CAN, M4W 1E5
Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 23% of earnings.
Executives
Kenneth Michael Ross Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Steve Finch Senior Officer
Rahim Hirji Senior Officer
Brooks Tingle Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Rocco Gori Director, Senior Officer
Philip James Witherington Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Trevor Kreel Senior Officer
Tin Ku Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Anthony Alex Silva Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Scott Hartz Senior Officer
Damien Allen Green Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
James D. Gallagher Senior Officer
Paul Lorentz Senior Officer
Donald Richard Lindsay Director
Marianne Harrison Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer