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Assurant Enterprise Value

: $9,137 Mil (As of Today)
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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, Assurant's Enterprise Value is $9,137 Mil. Assurant's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 was $826 Mil. Therefore, Assurant's EV-to-EBIT ratio for today is 11.06.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Assurant's Enterprise Value is $9,137 Mil. Assurant's EBITDA for the trailing twelve months (TTM) ended in Sep. 2021 was $992 Mil. Therefore, Assurant's EV-to-EBITDA ratio for today is 9.21.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Assurant's Enterprise Value is $9,137 Mil. Assurant's Revenue for the trailing twelve months (TTM) ended in Sep. 2021 was $10,507 Mil. Therefore, Assurant's EV-to-Revenue ratio for today is 0.87.


Assurant Enterprise Value Historical Data

The historical data trend for Assurant'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.

Assurant Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,229.73 5,368.11 6,313.94 8,029.71 7,926.97

Assurant Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 6,978.71 7,926.97 9,154.33 9,090.63 9,253.18

Competitive Comparison

For the Insurance - Specialty subindustry, Assurant'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.

   

Assurant Enterprise Value Distribution

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

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



Assurant 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.

Assurant's Enterprise Value for the fiscal year that ended in Dec. 2020 is calculated as

Assurant's Enterprise Value for the quarter that ended in Sep. 2021 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.


Assurant  (NYSE:AIZ) 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.

Assurant's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9137.006/826.1
=11.06

Assurant's current Enterprise Value is $9,137 Mil.
Assurant's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $826 Mil.

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

Assurant's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9137.006/992.2
=9.21

Assurant's current Enterprise Value is $9,137 Mil.
Assurant's EBITDA for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $992 Mil.

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

Assurant's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9137.006/10506.5
=0.87

Assurant's current Enterprise Value is $9,137 Mil.
Assurant's Revenue for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,507 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.


Assurant Enterprise Value Related Terms

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


Assurant Business Description

Assurant logo
Industry
Financial Services » Insurance NAICS : 524298 SIC : 6411
Traded in Other Exchanges
Address
55 Broadway, Suite 2901, New York, NY, USA, 10006
Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. The company has four reportable segments namely Global Housing, Global Lifestyle, Global Preneed and Total Corporate and Other. Global Housing segment provides lender-placed homeowners, manufactured housing, flood insurance, and other related products, Global Lifestyle provides mobile device protection and related services, Global Preneed is engaged in providing pre-funded funeral insurance and annuity products whereas Total Corporate and others includes activities related to holding company primarily related to the company's frozen benefit plans. It generates a majority of its revenue from the Global Lifestyle Segment.
Executives
Dirienzo Dimitry officer: SVP, CAO, Controller C/O ASSURANT, INC. 28 LIBERTY ST. 41 F. NEW YORK NY 10005
Mergelmeyer Gene officer: EVP, COO ASSURANT, INC. 28 LIBERTY ST. 41 FLOOR NEW YORK NY 10005
Dziadzio Richard S officer: EVP and CFO C/O ALLIANCE CAPITAL 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105
Luthi Francesca officer: EVP, CAO 1180 NORTH TOWN CENTER DRIVE SUITE 100 LAS VEGAS NV 89144
Rosenblum Jay officer: EVP and CLO C/O ASSURANT, INC. 28 LIBERTY ST, 41ST FL. NEW YORK NY 10005
Carter J Braxton Ii director C/O T-MOBILE US, INC. 12920 SE 38TH STREET BELLEVUE WA 98006
Jackson Lawrence V director C/O ASSURANT, INC., 28 LIBERTY ST., 41 F NEW YORK NY 10005
Redzic Ognjen director C/O ASSURANT, INC. 28 LIBERTY STREET, 41ST FL. NEW YORK NY 10005
Stein Robert W director ASSURANT, INC. ONE CHASE MANHATTAN PLAZA, 41 FL. NEW YORK NY 10005
Cento Juan director ASSURANT, INC. ONE CHASE MANHATTAN PLAZA, 41 FL. NEW YORK NY 10005
Alves Paget Leonard director SPRINT NEXTEL 6200 SPRINT PARKWAY KSOPHF0410 - 4A403 OVERLAND PARK KS 66251
Perry Debra J director 515 RIDGEWOOD AVENUE GLEN RIDGE NJ 07028
Rosen Elaine director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: ROSEN ELAINE a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Edelman Harriet director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: EDELMAN HARRIET a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Reilly Paul J director C/O ASSURANT, INC. 28 LIBERTY STREET, 41ST FL. NEW YORK NY 10005

Assurant Headlines

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