GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Talanx AG (XTER:TLX) » Definitions » EV-to-EBIT

Talanx AG (XTER:TLX) EV-to-EBIT : 7.45 (As of Apr. 25, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Talanx AG EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Talanx AG's Enterprise Value is €22,182 Mil. Talanx AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €2,976 Mil. Therefore, Talanx AG's EV-to-EBIT for today is 7.45.

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

XTER:TLX' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.22   Med: 7.27   Max: 11.36
Current: 7.45

During the past 13 years, the highest EV-to-EBIT of Talanx AG was 11.36. The lowest was 3.22. And the median was 7.27.

XTER:TLX's EV-to-EBIT is ranked better than
52.2% of 318 companies
in the Insurance industry
Industry Median: 7.87 vs XTER:TLX: 7.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Talanx AG's Enterprise Value for the quarter that ended in Dec. 2023 was €27,045 Mil. Talanx AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €2,976 Mil. Talanx AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.00%.


Talanx AG EV-to-EBIT Historical Data

The historical data trend for Talanx AG'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.

Talanx AG EV-to-EBIT Chart

Talanx AG 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 8.36 10.62 8.33 8.29 9.10

Talanx AG 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 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 8.29 7.12 7.34 7.72 9.10

Competitive Comparison of Talanx AG's EV-to-EBIT

For the Insurance - Diversified subindustry, Talanx AG'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.


Talanx AG's EV-to-EBIT Distribution in the Insurance Industry

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

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



Talanx AG EV-to-EBIT Calculation

Talanx AG's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=22182.321/2976
=7.45

Talanx AG's current Enterprise Value is €22,182 Mil.
Talanx AG'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 €2,976 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.


Talanx AG  (XTER:TLX) 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) %.

Talanx AG'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 )
=2976/27044.50485
=11.00 %

Talanx AG's Enterprise Value for the quarter that ended in Dec. 2023 was €27,045 Mil.
Talanx AG'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 €2,976 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.


Talanx AG EV-to-EBIT Related Terms

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


Talanx AG (XTER:TLX) Business Description

Traded in Other Exchanges
Address
HDI-Platz 1, Hannover, NI, DEU, 30659
Talanx is the third largest insurer in Germany. It sells insurance to businesses, personal lines insurance, and also reinsurance. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry because of a growing dissatisfaction with their insurance providers, respectively. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual.HDI started providing reinsurance services in the mid-1920s and private insurance in the 1950s, and today, HDI owns over three quarters of Talanx.
Executives
Sebastian Gascard Supervisory Board

Talanx AG (XTER:TLX) Headlines

No Headlines