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, Enact Holdings's Enterprise Value is $4,871 Mil.
Enact Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $903 Mil. Therefore, Enact Holdings's EV-to-EBIT ratio for today is 5.39.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Enact Holdings's Enterprise Value is $4,871 Mil.
Enact Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $903 Mil. Therefore, Enact Holdings's EV-to-EBITDA ratio for today is 5.39.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Enact Holdings's Enterprise Value is $4,871 Mil.
Enact Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,154 Mil. Therefore, Enact Holdings's EV-to-Revenue ratio for today is 4.22.
Enact Holdings Enterprise Value Historical Data
The historical data trend for Enact Holdings'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.
Competitive Comparison of Enact Holdings's Enterprise Value
For the Insurance - Specialty subindustry, Enact Holdings'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.
Enact Holdings's Enterprise Value Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Enact Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Enact Holdings's Enterprise Value falls into.
Enact Holdings 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.
Enact Holdings'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.
Enact Holdings (NAS:ACT) 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.
Enact Holdings's current Enterprise Value is $4,871 Mil.
Enact Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $903 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Enact Holdings's current Enterprise Value is $4,871 Mil.
Enact Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $903 Mil.
Enact Holdings's current Enterprise Value is $4,871 Mil.
Enact Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,154 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.
Enact Holdings Enterprise Value Related Terms
Thank you for viewing the detailed overview of Enact Holdings's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Enact Holdings (Enact Holdings) Business Description
Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The company is engaged in the business of writing and assuming residential mortgage guaranty insurance. Its product offerings include Primary mortgage insurance, which provides protection on individual loans at specified coverage percentages. Primary mortgage insurance is placed on individual loans at the time of origination and is typically delivered to the company on a loan-by-loan basis, and Pool mortgage insurance provides coverage on a finite set of individual loans identified by the pool policy.
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