GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » EMC Insurance Group Inc (NAS:EMCI) » Definitions » EV-to-EBIT

EMC Insurance Group (EMC Insurance Group) EV-to-EBIT

: 20.44 (As of Today)
View and export this data going back to 1982. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, EMC Insurance Group's Enterprise Value is $780.5 Mil. EMC Insurance Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2019 was $38.2 Mil. Therefore, EMC Insurance Group's EV-to-EBIT for today is 20.44.

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

EMCI's EV-to-EBIT is not ranked *
in the Insurance industry.
Industry Median: 7.86
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. EMC Insurance Group's Enterprise Value for the quarter that ended in Jun. 2019 was $805.6 Mil. EMC Insurance Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2019 was $38.2 Mil. EMC Insurance Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2019 was 4.74%.


EMC Insurance Group EV-to-EBIT Historical Data

The historical data trend for EMC Insurance 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.

EMC Insurance Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.26 7.65 10.41 15.94 -50.86

EMC Insurance Group Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 38.02 13.50 -50.86 24.83 21.10

Competitive Comparison

For the Insurance - Property & Casualty subindustry, EMC Insurance 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.


EMC Insurance Group EV-to-EBIT Distribution

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

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



EMC Insurance Group EV-to-EBIT Calculation

EMC Insurance Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=780.480/38.182
=20.44

EMC Insurance Group's current Enterprise Value is $780.5 Mil.
EMC Insurance Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.2 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.


EMC Insurance Group  (NAS:EMCI) 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) %.

EMC Insurance Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2019 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2019 ) =EBIT / Enterprise Value (Q: Jun. 2019 )
=38.182/805.576969
=4.74 %

EMC Insurance Group's Enterprise Value for the quarter that ended in Jun. 2019 was $805.6 Mil.
EMC Insurance Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.2 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.


EMC Insurance Group EV-to-EBIT Related Terms

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


EMC Insurance Group (EMC Insurance Group) Business Description

Traded in Other Exchanges
N/A
Address
717 Mulberry Street, Des Moines, IA, USA, 50309
EMC Insurance Group Inc is a United States based insurance provider that focusses on non-life insurance products. It derives significant revenues from its property and casualty insurance products, which it sells through its subsidiaries company. Its secondary source of revenue is its reinsurance segment. The group manages its reinsurance business through its subsidiary, EMC Reinsurance company, which sells commercial lines of property and casualty insurance products to small and medium-sized businesses.
Executives
Thomas W Booth other: Director-EMCC-Parent Company 2868 SHADOW LAKE ROAD, DES MOINES IA 80026
David O Narigon officer: Senior Vice President

EMC Insurance Group (EMC Insurance Group) Headlines

From GuruFocus

EMC Insurance Group Inc. Declares Quarterly Cash Dividend

By Marketwired Marketwired 03-05-2019

EMC Insurance Group Inc. Declares Quarterly Cash Dividend

By GlobeNewswire GlobeNewswire 08-15-2019