Hannover Rueck SE (Hannover Rueck SE) EV-to-EBIT : 15.99 (As of May. 06, 2024)

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What is Hannover Rueck SE EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hannover Rueck SE's Enterprise Value is $34,606 Mil. Hannover Rueck SE's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,164 Mil. Therefore, Hannover Rueck SE's EV-to-EBIT for today is 15.99.

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

HVRRY' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.7 Med: 10.58 Max: 18.68
Current: 15.65

During the past 13 years, the highest EV-to-EBIT of Hannover Rueck SE was 18.68. The lowest was 5.70. And the median was 10.58.

HVRRY's EV-to-EBIT is ranked worse than
76.4% of 322 companies
in the Insurance industry
Industry Median: 7.65 vs HVRRY: 15.65

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hannover Rueck SE's Enterprise Value for the quarter that ended in Dec. 2023 was $33,974 Mil. Hannover Rueck SE's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,164 Mil. Hannover Rueck SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.37%.

Hannover Rueck SE EV-to-EBIT Historical Data

The historical data trend for Hannover Rueck SE'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.

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Hannover Rueck SE EV-to-EBIT Chart

Hannover Rueck SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

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12.85

15.26

13.78

18.00

15.31

Hannover Rueck SE 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															18.00	13.01	13.15	14.65	15.31

Competitive Comparison of Hannover Rueck SE's EV-to-EBIT

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.

Hannover Rueck SE's EV-to-EBIT Distribution in the Insurance Industry

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

* The bar in red indicates where Hannover Rueck SE's EV-to-EBIT falls into.

Hannover Rueck SE EV-to-EBIT Calculation

Hannover Rueck SE's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	34605.962	/	2163.732
	=	15.99

Hannover Rueck SE's current Enterprise Value is $34,606 Mil.
Hannover Rueck SE'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 $2,164 Mil.

Hannover Rueck SE (OTCPK:HVRRY) 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) %.

Hannover Rueck SE'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 )
	=	2163.732	/	33974.0978
	=	6.37 %

Hannover Rueck SE's Enterprise Value for the quarter that ended in Dec. 2023 was $33,974 Mil.
Hannover Rueck SE'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 $2,164 Mil.

Hannover Rueck SE EV-to-EBIT Related Terms

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Hannover Rueck SE (Hannover Rueck SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hannover Rueck SE (OTCPK:HVRRY) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

HNR1d:UK 0M9A:UK HNR1:Germany HNR1:Austria

Address

Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625

Website

https://www.hannover-re.com

Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.