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Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Enterprise Value : $8,425 Mil (As of Apr. 26, 2024)


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What is Gjensidige Forsikring ASA 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, Gjensidige Forsikring ASA's Enterprise Value is $8,425 Mil. Gjensidige Forsikring ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil. Therefore, Gjensidige Forsikring ASA's EV-to-EBIT ratio for today is .

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Gjensidige Forsikring ASA's Enterprise Value is $8,425 Mil. Gjensidige Forsikring ASA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil. Therefore, Gjensidige Forsikring ASA's EV-to-EBITDA ratio for today is .

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Gjensidige Forsikring ASA's Enterprise Value is $8,425 Mil. Gjensidige Forsikring ASA's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,633 Mil. Therefore, Gjensidige Forsikring ASA's EV-to-Revenue ratio for today is 2.32.


Gjensidige Forsikring ASA Enterprise Value Historical Data

The historical data trend for Gjensidige Forsikring ASA'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.

Gjensidige Forsikring ASA Enterprise Value Chart

Gjensidige Forsikring ASA 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 10,197.33 11,600.07 12,590.98 9,658.74 9,345.32

Gjensidige Forsikring ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9,658.74 8,263.44 7,588.85 7,334.65 9,345.32

Competitive Comparison of Gjensidige Forsikring ASA's Enterprise Value

For the Insurance - Property & Casualty subindustry, Gjensidige Forsikring ASA'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.


Gjensidige Forsikring ASA's Enterprise Value Distribution in the Insurance Industry

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

* The bar in red indicates where Gjensidige Forsikring ASA's Enterprise Value falls into.



Gjensidige Forsikring ASA 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.

Gjensidige Forsikring ASA's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Gjensidige Forsikring ASA's Enterprise Value for the quarter 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.


Gjensidige Forsikring ASA  (OTCPK:GJNSY) 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.

Gjensidige Forsikring ASA's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8425.102/0
=

Gjensidige Forsikring ASA's current Enterprise Value is $8,425 Mil.
Gjensidige Forsikring ASA'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 $0 Mil.

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

Gjensidige Forsikring ASA's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=8425.102/0
=

Gjensidige Forsikring ASA's current Enterprise Value is $8,425 Mil.
Gjensidige Forsikring ASA'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 $0 Mil.

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

Gjensidige Forsikring ASA's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=8425.102/3632.749
=2.32

Gjensidige Forsikring ASA's current Enterprise Value is $8,425 Mil.
Gjensidige Forsikring ASA'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 $3,633 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.


Gjensidige Forsikring ASA Enterprise Value Related Terms

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Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Business Description

Traded in Other Exchanges
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring ASA is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Headlines

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