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Meritz Fire & Marine Insurance Co (XKRX:000060) Enterprise Value : ₩6,016,238 Mil (As of May. 14, 2024)


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What is Meritz Fire & Marine Insurance Co 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, Meritz Fire & Marine Insurance Co's Enterprise Value is ₩6,016,238 Mil. Meritz Fire & Marine Insurance Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was ₩1,298,197 Mil. Therefore, Meritz Fire & Marine Insurance Co's EV-to-EBIT ratio for today is 4.63.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Meritz Fire & Marine Insurance Co's Enterprise Value is ₩6,016,238 Mil. Meritz Fire & Marine Insurance Co's EBITDA for the trailing twelve months (TTM) ended in Sep. 2022 was ₩1,357,558 Mil. Therefore, Meritz Fire & Marine Insurance Co's EV-to-EBITDA ratio for today is 4.43.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Meritz Fire & Marine Insurance Co's Enterprise Value is ₩6,016,238 Mil. Meritz Fire & Marine Insurance Co's Revenue for the trailing twelve months (TTM) ended in Sep. 2022 was ₩11,037,073 Mil. Therefore, Meritz Fire & Marine Insurance Co's EV-to-Revenue ratio for today is 0.55.


Meritz Fire & Marine Insurance Co Enterprise Value Historical Data

The historical data trend for Meritz Fire & Marine Insurance Co'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.

Meritz Fire & Marine Insurance Co Enterprise Value Chart

Meritz Fire & Marine Insurance Co Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,437,357.76 2,446,209.36 2,480,175.24 2,237,631.16 3,998,149.85

Meritz Fire & Marine Insurance Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 3,521,006.79 3,998,149.85 5,268,285.75 4,002,896.65 3,718,748.16

Competitive Comparison of Meritz Fire & Marine Insurance Co's Enterprise Value

For the Insurance - Property & Casualty subindustry, Meritz Fire & Marine Insurance Co'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.


Meritz Fire & Marine Insurance Co's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Meritz Fire & Marine Insurance Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Meritz Fire & Marine Insurance Co's Enterprise Value falls into.



Meritz Fire & Marine Insurance Co 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.

Meritz Fire & Marine Insurance Co's Enterprise Value for the fiscal year that ended in Dec. 2021 is calculated as

Meritz Fire & Marine Insurance Co's Enterprise Value for the quarter that ended in Sep. 2022 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.


Meritz Fire & Marine Insurance Co  (XKRX:000060) 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.

Meritz Fire & Marine Insurance Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6016237.686/1298196.856
=4.63

Meritz Fire & Marine Insurance Co's current Enterprise Value is ₩6,016,238 Mil.
Meritz Fire & Marine Insurance Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩1,298,197 Mil.

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

Meritz Fire & Marine Insurance Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=6016237.686/1357558.395
=4.43

Meritz Fire & Marine Insurance Co's current Enterprise Value is ₩6,016,238 Mil.
Meritz Fire & Marine Insurance Co's EBITDA for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩1,357,558 Mil.

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

Meritz Fire & Marine Insurance Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6016237.686/11037072.504
=0.55

Meritz Fire & Marine Insurance Co's current Enterprise Value is ₩6,016,238 Mil.
Meritz Fire & Marine Insurance Co's Revenue for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩11,037,073 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.


Meritz Fire & Marine Insurance Co Enterprise Value Related Terms

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Meritz Fire & Marine Insurance Co (XKRX:000060) Business Description

Traded in Other Exchanges
N/A
Address
382 Gangnamdae-ro, Meritz Tower, Gangnam-gu, Seoul, KOR
Meritz Fire & Marine Insurance Co Ltd is a property and casualty insurance company. The company operates one segment that focuses on property and casualty insurance products in Korea. The company offers automobile insurance, life and health insurance, and commercial liability insurance products. Meritz generates all of its revenue in South Korea. Meritz also provides child insurance, cancer insurance, and assurance analysis services. The company considers merger and acquisition investment as a component of its operational growth strategy.

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