GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Central Reinsurance Corp (TPE:2851) » Definitions » Enterprise Value

Central Reinsurance (TPE:2851) Enterprise Value : NT$9,696 Mil (As of May. 24, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Central Reinsurance Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Central Reinsurance's Enterprise Value is NT$9,696 Mil. Central Reinsurance's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was NT$3,033 Mil. Therefore, Central Reinsurance's EV-to-EBIT ratio for today is 3.20.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Central Reinsurance's Enterprise Value is NT$9,696 Mil. Central Reinsurance's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was NT$3,061 Mil. Therefore, Central Reinsurance's EV-to-EBITDA ratio for today is 3.17.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Central Reinsurance's Enterprise Value is NT$9,696 Mil. Central Reinsurance's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was NT$22,916 Mil. Therefore, Central Reinsurance's EV-to-Revenue ratio for today is 0.42.


Central Reinsurance Enterprise Value Historical Data

The historical data trend for Central Reinsurance's Enterprise Value 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.

Central Reinsurance Enterprise Value Chart

Central Reinsurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -883.94 -1,599.41 220.50 -8,245.17 3,959.34

Central Reinsurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value 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 -4,313.30 -2,119.04 2,114.65 3,959.34 7,495.39

Competitive Comparison of Central Reinsurance's Enterprise Value

For the Insurance - Reinsurance subindustry, Central Reinsurance's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Central Reinsurance's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Central Reinsurance's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Central Reinsurance's Enterprise Value falls into.



Central Reinsurance Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Central Reinsurance's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Central Reinsurance's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* 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.


Central Reinsurance  (TPE:2851) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Central Reinsurance's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9696.452/3033.447
=3.20

Central Reinsurance's current Enterprise Value is NT$9,696 Mil.
Central Reinsurance's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$3,033 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Central Reinsurance's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9696.452/3060.705
=3.17

Central Reinsurance's current Enterprise Value is NT$9,696 Mil.
Central Reinsurance's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$3,061 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Central Reinsurance's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9696.452/22915.925
=0.42

Central Reinsurance's current Enterprise Value is NT$9,696 Mil.
Central Reinsurance's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$22,916 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.


Central Reinsurance Enterprise Value Related Terms

Thank you for viewing the detailed overview of Central Reinsurance's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Central Reinsurance (TPE:2851) Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Nanjing East Road, 12th Floor, No. 53, Zhongshan District, Taipei, TWN, 10457
Central Reinsurance Corp is an insurance company providing a range of property and life inward and outward reinsurance services. Central Reinsurance offers reinsurance protection on non-life insurance businesses, including fire, marine and aviation, casualty, motor, engineering, and residential earthquake insurance; and life insurance business including life, personal accident, and health insurance. The main source of revenue for the company is premiums and commission income.

Central Reinsurance (TPE:2851) Headlines

No Headlines