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, MGIC Investment's Enterprise Value is $5,785 Mil.
MGIC Investment's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $939 Mil. Therefore, MGIC Investment's EV-to-EBIT ratio for today is 6.16.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, MGIC Investment's Enterprise Value is $5,785 Mil.
MGIC Investment's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $974 Mil. Therefore, MGIC Investment's EV-to-EBITDA ratio for today is 5.94.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, MGIC Investment's Enterprise Value is $5,785 Mil.
MGIC Investment's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,155 Mil. Therefore, MGIC Investment's EV-to-Revenue ratio for today is 5.01.
MGIC Investment Enterprise Value Historical Data
The historical data trend for MGIC Investment'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.
Competitive Comparison of MGIC Investment's Enterprise Value
For the Insurance - Specialty subindustry, MGIC Investment'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.
MGIC Investment's Enterprise Value Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, MGIC Investment's Enterprise Value distribution charts can be found below:
* The bar in red indicates where MGIC Investment's Enterprise Value falls into.
MGIC Investment 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.
MGIC Investment's Enterprise Value for the fiscal year that ended in Dec. 2023 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.
MGIC Investment (NYSE:MTG) 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.
MGIC Investment's current Enterprise Value is $5,785 Mil.
MGIC Investment'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 $939 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
MGIC Investment's current Enterprise Value is $5,785 Mil.
MGIC Investment's EBITDA 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 $974 Mil.
MGIC Investment's current Enterprise Value is $5,785 Mil.
MGIC Investment's Revenue 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 $1,155 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.
MGIC Investment Enterprise Value Related Terms
Thank you for viewing the detailed overview of MGIC Investment's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
MGIC Investment (MGIC Investment) Business Description
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.
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