EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, MGIC Investment's enterprise value is $6,936 Mil.
MGIC Investment's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $1,007 Mil. Therefore, MGIC Investment's EV-to-EBITDA for today is 6.89.
The historical rank and industry rank for MGIC Investment's EV-to-EBITDA or its related term are showing as below:
MTG'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.41 Med: 6.42 Max: 16.29
Current: 6.89
During the past 13 years, the highest EV-to-EBITDA of MGIC Investment was 16.29. The lowest was 2.41. And the median was 6.42.
MTG's EV-to-EBITDA is ranked better than 53.07% of 326
companies
in the Insurance industry
Industry Median: 7.305
vs MTG: 6.89
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
MGIC Investment EV-to-EBITDA Historical Data
The historical data trend for MGIC Investment's EV-to-EBITDA 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.
Competitive Comparison of MGIC Investment's EV-to-EBITDA
For the Insurance - Specialty subindustry, MGIC Investment's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
MGIC Investment's EV-to-EBITDA Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, MGIC Investment's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where MGIC Investment's EV-to-EBITDA falls into.
MGIC Investment's current Enterprise Value is $6,936 Mil.
MGIC Investment's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,007 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.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
MGIC Investment's PE Ratio (TTM) for today is calculated as:
MGIC Investment's share price for today is $25.04.
MGIC Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.710.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
Thank you for viewing the detailed overview of MGIC Investment's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MTG has been successfully added to your 