What is The Hartford Financial Services Group 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.
* 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.
The Hartford Financial Services Group Enterprise Value Chart
Competitive Comparison of The Hartford Financial Services Group's Enterprise Value
For the Insurance - Property & Casualty subindustry, The Hartford Financial Services Group'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.
The Hartford Financial Services Group's Enterprise Value Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, The Hartford Financial Services Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where The Hartford Financial Services Group's Enterprise Value falls into.
The Hartford Financial Services Group 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.
* 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.
The Hartford Financial Services Group (NYSE:HIG) 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.
The Hartford Financial Services Group's EV-to-EBIT for today is
The Hartford Financial Services Group's current Enterprise Value is $32,608 Mil.
The Hartford Financial Services Group'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 $3,545 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
The Hartford Financial Services Group's EV-to-EBITDA for today is:
The Hartford Financial Services Group's current Enterprise Value is $32,608 Mil.
The Hartford Financial Services Group'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 $4,053 Mil.
The Hartford Financial Services Group's current Enterprise Value is $32,608 Mil.
The Hartford Financial Services Group'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 $24,841 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.
The Hartford Financial Services Group Enterprise Value Related Terms
Thank you for viewing the detailed overview of The Hartford Financial Services Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
The Hartford Financial Services Group (The Hartford Financial Services Group) Business Description
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HIG has been successfully added to your 