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CIC Insurance Group (NAI:CIC) EV-to-EBIT : 1.75 (As of May. 27, 2024)


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What is CIC Insurance Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CIC Insurance Group's Enterprise Value is KES4,317 Mil. CIC Insurance Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was KES2,470 Mil. Therefore, CIC Insurance Group's EV-to-EBIT for today is 1.75.

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

NAI:CIC' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.19   Med: 6.85   Max: 22.52
Current: 1.75

During the past 12 years, the highest EV-to-EBIT of CIC Insurance Group was 22.52. The lowest was 1.19. And the median was 6.85.

NAI:CIC's EV-to-EBIT is ranked better than
88.27% of 324 companies
in the Insurance industry
Industry Median: 7.69 vs NAI:CIC: 1.75

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. CIC Insurance Group's Enterprise Value for the quarter that ended in Dec. 2022 was KES3,626 Mil. CIC Insurance Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was KES2,470 Mil. CIC Insurance Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 68.14%.


CIC Insurance Group EV-to-EBIT Historical Data

The historical data trend for CIC 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.

CIC Insurance Group EV-to-EBIT Chart

CIC Insurance Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.36 5.87 11.34 2.59 1.47

CIC Insurance Group Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.36 5.87 11.34 2.59 1.47

Competitive Comparison of CIC Insurance Group's EV-to-EBIT

For the Insurance - Diversified subindustry, CIC 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.


CIC Insurance Group's EV-to-EBIT Distribution in the Insurance Industry

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

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



CIC Insurance Group EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4316.692/2470.474
=1.75

CIC Insurance Group's current Enterprise Value is KES4,317 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. CIC Insurance Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was KES2,470 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.


CIC Insurance Group  (NAI:CIC) 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) %.

CIC Insurance Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2022 ) =EBIT / Enterprise Value (Q: Dec. 2022 )
=2470.474/3625.679
=68.14 %

CIC Insurance Group's Enterprise Value for the quarter that ended in Dec. 2022 was KES3,626 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. CIC Insurance Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was KES2,470 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.


CIC Insurance Group EV-to-EBIT Related Terms

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


CIC Insurance Group (NAI:CIC) Business Description

Traded in Other Exchanges
N/A
Address
Mara Road, Upper Hill, P.O. Box 59485, CIC Plaza, Nairobi, KEN, 00200
CIC Insurance Group Ltd is an insurance company. The Group's reportable segments are long-term business, general insurance business, asset management and other. Its product portfolio consists of General insurance, Life assurance, Health insurance, and Asset management services. It takes the risk for retail, Cooperative societies, and corporate entities.

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