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CNO Financial Group (CNO Financial Group) EV-to-EBIT

: 11.47 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CNO Financial Group's Enterprise Value is $6,827 Mil. CNO Financial Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $595 Mil. Therefore, CNO Financial Group's EV-to-EBIT for today is 11.47.

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

CNO' s EV-to-EBIT Range Over the Past 10 Years
Min: -212.57   Med: 13.92   Max: 36.82
Current: 11.47

During the past 13 years, the highest EV-to-EBIT of CNO Financial Group was 36.82. The lowest was -212.57. And the median was 13.92.

CNO's EV-to-EBIT is ranked worse than
65.09% of 318 companies
in the Insurance industry
Industry Median: 7.73 vs CNO: 11.47

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. CNO Financial Group's Enterprise Value for the quarter that ended in Dec. 2023 was $7,087 Mil. CNO Financial Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $595 Mil. CNO Financial Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.40%.


CNO Financial Group EV-to-EBIT Historical Data

The historical data trend for CNO Financial Group'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.

CNO Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.00 15.19 8.17 6.74 11.90

CNO Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 6.74 8.30 10.92 10.91 11.90

Competitive Comparison

For the Insurance - Life subindustry, CNO Financial Group'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.


CNO Financial Group EV-to-EBIT Distribution

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

* The bar in red indicates where CNO Financial Group's EV-to-EBIT falls into.



CNO Financial Group EV-to-EBIT Calculation

CNO Financial Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6827.179/595.4
=11.47

CNO Financial Group's current Enterprise Value is $6,827 Mil.
CNO Financial Group'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 $595 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.


CNO Financial Group  (NYSE:CNO) 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) %.

CNO Financial Group'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 )
=595.4/7087.1882
=8.40 %

CNO Financial Group's Enterprise Value for the quarter that ended in Dec. 2023 was $7,087 Mil.
CNO Financial Group'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 $595 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.


CNO Financial Group EV-to-EBIT Related Terms

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


CNO Financial Group (CNO Financial Group) Business Description

Traded in Other Exchanges
Address
11825 N. Pennsylvania Street, Carmel, IN, USA, 46032
CNO Financial Group Inc is a holding company for a group of insurance companies that offers middle-income American consumers insurance and securities products through exclusive agents, independent producers, and direct marketing. Consumers are served through the phone, online, mail, face-to-face with agents, or sales channels. The company's operating segments include annuity, health, and life insurance product lines as well as the investment and fee revenue segments. Maximum revenue is generated from the health product line segment. Annuity premiums account for the majority of the total premiums collected. Annuity products include fixed index annuities, traditional fixed-rate annuities, and single-premium immediate annuity products.
Executives
Jeanne L. Linnenbringer officer: EVP and COO 11825 N. PENNSYLVANIA ST., CARMEL IN 46032
Tarasi Rocco F Iii officer: Chief Marketing Officer C/O ITT EDUCATIONAL SERVICES INC, 13000 NORTH MERIDIAN STREET, CARMEL IN 46032
John R Kline officer: SVP & CAO 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Yvonne K Franzese officer: EVP and Chief HR Officer 200 LAKE STREET EAST, WAYZATA MN 55391
Karen Detoro officer: Chief Actuary and CRO C/O CNO FINANCIAL GROUP, INC., 11825 NORTH PENNSYLVANIA STREET, CARMEL IN 46032
Scott L. Goldberg officer: President, Consumer Division 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Gary C Bhojwani director, officer: Chief Executive Officer 1 HORMEL PLACE, AUSTIN MN 55912
Steven E Shebik director 2775 SANDERS ROAD, NORTHBROOK IL 60062
Brown Archie M Jr director 255 E FIFTH STREET, CINCINNATI OH 45202
Adrianne Lee director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Matthew J. Zimpfer officer: EVP and General Counsel 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Michael E. Mead officer: EVP and CIO 11825 N. PENNSYLVANIA ST., CARMEL IN 46032
Frederick James Sievert director 260 SOUTH LAKE DRIVE, STAMFORD CT 06903
Chetlur S Ragavan director 230 PARK AVENUE, NEW YORK NY 10169
Dan Maurer director C/O ZAGG INC., 3855 SOUTH 500 WEST, SUITE N, SALT LAKE CITY UT 84115