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Sun Life Financial (LTS:0VJA) EV-to-EBIT

: 10.53 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Sun Life Financial's Enterprise Value is C$47,208 Mil. Sun Life Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$4,482 Mil. Therefore, Sun Life Financial's EV-to-EBIT for today is 10.53.

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

LTS:0VJA' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.73   Med: 9.34   Max: 13
Current: 10.53

During the past 13 years, the highest EV-to-EBIT of Sun Life Financial was 13.00. The lowest was 6.73. And the median was 9.34.

LTS:0VJA's EV-to-EBIT is ranked worse than
60% of 320 companies
in the Insurance industry
Industry Median: 7.86 vs LTS:0VJA: 10.53

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Sun Life Financial's Enterprise Value for the quarter that ended in Dec. 2023 was C$42,825 Mil. Sun Life Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$4,482 Mil. Sun Life Financial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.47%.


Sun Life Financial EV-to-EBIT Historical Data

The historical data trend for Sun Life Financial'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.

Sun Life Financial 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 10.88 9.06 7.13 10.68 10.07

Sun Life Financial 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 10.68 8.29 10.99 8.22 10.07

Competitive Comparison

For the Insurance - Diversified subindustry, Sun Life Financial'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.


Sun Life Financial EV-to-EBIT Distribution

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

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



Sun Life Financial EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=47208.167/4482
=10.53

Sun Life Financial's current Enterprise Value is C$47,208 Mil.
Sun Life Financial'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 C$4,482 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.


Sun Life Financial  (LTS:0VJA) 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) %.

Sun Life Financial'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 )
=4482/42825.3753859
=10.47 %

Sun Life Financial's Enterprise Value for the quarter that ended in Dec. 2023 was C$42,825 Mil.
Sun Life Financial'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 C$4,482 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.


Sun Life Financial EV-to-EBIT Related Terms

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Sun Life Financial (LTS:0VJA) Business Description

Address
1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.

Sun Life Financial (LTS:0VJA) Headlines

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