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Abacus Life (Abacus Life) EV-to-EBIT : 243.32 (As of Apr. 28, 2024)


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What is Abacus Life EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Abacus Life's Enterprise Value is $873.77 Mil. Abacus Life's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $3.59 Mil. Therefore, Abacus Life's EV-to-EBIT for today is 243.32.

The historical rank and industry rank for Abacus Life's EV-to-EBIT or its related term are showing as below:

ABL' s EV-to-EBIT Range Over the Past 10 Years
Min: 18.09   Med: 35.37   Max: 263.33
Current: 243.32

During the past 4 years, the highest EV-to-EBIT of Abacus Life was 263.33. The lowest was 18.09. And the median was 35.37.

ABL's EV-to-EBIT is ranked worse than
99.37% of 317 companies
in the Insurance industry
Industry Median: 7.86 vs ABL: 243.32

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Abacus Life's Enterprise Value for the quarter that ended in Dec. 2023 was $726.37 Mil. Abacus Life's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $3.59 Mil. Abacus Life's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.49%.


Abacus Life EV-to-EBIT Historical Data

The historical data trend for Abacus Life's EV-to-EBIT 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.

Abacus Life EV-to-EBIT Chart

Abacus Life Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - 35.66

Abacus Life Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 34.65 35.66

Competitive Comparison of Abacus Life's EV-to-EBIT

For the Insurance - Life subindustry, Abacus Life's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Abacus Life's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Abacus Life's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Abacus Life's EV-to-EBIT falls into.



Abacus Life EV-to-EBIT Calculation

Abacus Life's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=873.772/3.591
=243.32

Abacus Life's current Enterprise Value is $873.77 Mil.
Abacus Life'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 $3.59 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.


Abacus Life  (NAS:ABL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Abacus Life's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=3.591/726.367808
=0.49 %

Abacus Life's Enterprise Value for the quarter that ended in Dec. 2023 was $726.37 Mil.
Abacus Life'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 $3.59 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.


Abacus Life EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Abacus Life's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Abacus Life (Abacus Life) Business Description

Traded in Other Exchanges
N/A
Address
2101 Park Center Drive, Suite 170, Orlando, FL, USA, 32835
Abacus Life Inc is a vertically integrated alternative asset manager specializing in investing in life insurance products throughout the lifecycle of a life insurance policy.
Executives
Adam Samuel Gusky officer: Chief Investment Officer RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203
Sean Mcnealy director, 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Mary Beth Schulte director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Van Katwijk Cornelis Michiel director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Jay J Jackson director, officer: Chief Executive Officer 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Mccauley William Hugh Jr officer: Chief Financial Officer 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
East Asset Management, Llc 10 percent owner 777 NW BEACON SQUARE BLVD., BOCA RATON FL 33487
Corbett Thomas Wingett Jr director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Kevin Scott Kirby 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Matthew Ganovsky 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Karla Radka director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
East Sponsor, Llc 10 percent owner C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487
Terrence M. Pegula 10 percent owner C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487
Alberta Investment Management Corp 10 percent owner 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116