What is Zurich Insurance Group AG 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, Zurich Insurance Group AG's Enterprise Value is $96,161 Mil.
Zurich Insurance Group AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $7,789 Mil. Therefore, Zurich Insurance Group AG's EV-to-EBIT ratio for today is 12.35.
* 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.
Competitive Comparison of Zurich Insurance Group AG's Enterprise Value
For the Insurance - Diversified subindustry, Zurich Insurance Group AG'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.
Zurich Insurance Group AG's Enterprise Value Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Zurich Insurance Group AG's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Zurich Insurance Group AG's Enterprise Value falls into.
Zurich Insurance Group AG 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.
Zurich Insurance Group AG's Enterprise Value for the fiscal year that ended in Dec. 2023 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.
Zurich Insurance Group AG (OTCPK:ZURVY) 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.
Zurich Insurance Group AG's EV-to-EBIT for today is
Zurich Insurance Group AG's current Enterprise Value is $96,161 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Zurich Insurance Group AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $7,789 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Zurich Insurance Group AG's EV-to-EBITDA for today is:
Zurich Insurance Group AG's current Enterprise Value is $96,161 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Zurich Insurance Group AG's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $8,674 Mil.
Zurich Insurance Group AG's current Enterprise Value is $96,161 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Zurich Insurance Group AG's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $74,779 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.
Zurich Insurance Group AG Enterprise Value Related Terms
Thank you for viewing the detailed overview of Zurich Insurance Group AG's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Zurich is a multiline insurer that writes business across both life and nonlife insurance and also owns Farmers Management Services. The company was founded in 1872 as a marine reinsurer to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling, which would be damaging to both customers and Zurich. Over the years, Zurich has sought to combine customer goodwill through claims and a sufficient premium. Zurich is one of the most successful European insurers.
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