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First Acceptance (First Acceptance) EV-to-EBIT : -20.56 (As of May. 11, 2024)


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What is First Acceptance EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Acceptance's Enterprise Value is $89.1 Mil. First Acceptance's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-4.3 Mil. Therefore, First Acceptance's EV-to-EBIT for today is -20.56.

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

FACO' s EV-to-EBIT Range Over the Past 10 Years
Min: -81.46   Med: 1.79   Max: 131.57
Current: -20.56

During the past 13 years, the highest EV-to-EBIT of First Acceptance was 131.57. The lowest was -81.46. And the median was 1.79.

FACO's EV-to-EBIT is ranked worse than
100% of 321 companies
in the Insurance industry
Industry Median: 7.74 vs FACO: -20.56

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. First Acceptance's Enterprise Value for the quarter that ended in Jun. 2023 was $41.3 Mil. First Acceptance's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-4.3 Mil. First Acceptance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -10.49%.


First Acceptance EV-to-EBIT Historical Data

The historical data trend for First Acceptance'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.

First Acceptance EV-to-EBIT Chart

First Acceptance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 3.73 -81.64 -1.75 0.17

First Acceptance Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
EV-to-EBIT 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 -3.29 -1.75 -2.84 -9.53 -

Competitive Comparison of First Acceptance's EV-to-EBIT

For the Insurance - Specialty subindustry, First Acceptance'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.


First Acceptance's EV-to-EBIT Distribution in the Insurance Industry

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

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



First Acceptance EV-to-EBIT Calculation

First Acceptance's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=89.103/-4.334
=-20.56

First Acceptance's current Enterprise Value is $89.1 Mil.
First Acceptance's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.3 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.


First Acceptance  (OTCPK:FACO) 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) %.

First Acceptance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=-4.334/41.306345
=-10.49 %

First Acceptance's Enterprise Value for the quarter that ended in Jun. 2023 was $41.3 Mil.
First Acceptance's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.3 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.


First Acceptance EV-to-EBIT Related Terms

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


First Acceptance (First Acceptance) Business Description

Traded in Other Exchanges
N/A
Address
3813 Green Hills Village Drive, Nashville, TN, USA, 37215
First Acceptance Corp is engaged in the financial services sector. It is principally a retailer, servicer, and underwriter of non-standard personal automobile insurance. The company's operations generate revenue from selling non-standard personal automobile insurance products and related products in the United States. Its suite of products comprises auto insurance, renters, motorcycle, roadside assistance, and hospital insurance. the company also operates a real estate and corporate segment, which consists of the activities related to the disposition of foreclosed real estate held for sale, interest expenses associated with all debt, and other general corporate overhead expenses.
Executives
Rhodes R Bobbitt director 4500 ROLAND, #905, DALLAS TX 75219
Kenneth D Russell director 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Tom C Nichols director 4500 MERCANTILE PLAZA DRIVE, SUITE 300, FORT WORTH TX 76137
Brent J Gay officer: Chief Financial Officer 3813 GREEN HILLS VILLAGE DRIVE, NASHVILLE TN 37215
Olson Lyndon L Jr director 3812 GREENLEAF DRIVE, WACO TX 76710
Jeremy B Ford director
Mark A Kelly officer: Interim CEO & President 5722 WEST HANOVER, DALLAS TX 75209
Joseph S. Borbely officer: President 1572 VANDAGRIFF WAY, CORONA CA 92883
John R Barnett officer: Sr. Vice President of Finance 111 CONGRESSIONAL BLVD, STE 500, CARMEL IN 46032
Daniel L. Walker officer: Sr. VP of Operations 3322 WEST END AVENUE, NASHVILLE TN 37203
Harrison Thomas Marshall Jr director, 10 percent owner, officer: Exec. VP & Secretary 3813 GREEN HILLS VILLAGE DRIVE, NASHVILLE TN 37215
Gerald J Ford director, 10 percent owner, officer: Chairman 200 CRESCENT CT STE 1350, DALLAS TX 75201
Keith E. Bornemann officer: Corporate Controller 3322 WEST END AVENUE, NASHVILLE TN 37203
Shipp William A Jr director 9015 ENGLLISH WOOD COURT, BRENTWOOD TN 37027
Kevin P Cohn officer: VP & Chief Accounting Officer 4400 POST OAK PARKWAY, STE 1100, HOUSTON TX 77027