EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Enact Holdings's Enterprise Value is $4,787 Mil.
Enact Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $903 Mil. Therefore, Enact Holdings's EV-to-EBIT for today is 5.30.
The historical rank and industry rank for Enact Holdings's EV-to-EBIT or its related term are showing as below:
ACT'
s EV-to-EBIT Range Over the Past 10 Years
Min: 3.98 Med: 4.98 Max: 6.11
Current: 5.33
During the past 5 years, the highest EV-to-EBIT of Enact Holdings was 6.11. The lowest was 3.98. And the median was 4.98.
ACT's EV-to-EBIT is ranked better than 65.72% of 318
companies
in the Insurance industry
Industry Median: 7.73
vs ACT: 5.33
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Enact Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $4,733 Mil.
Enact Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $903 Mil. Enact Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 19.09%.
Enact Holdings EV-to-EBIT Historical Data
The historical data trend for Enact Holdings'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.
Enact Holdings Annual Data
Trend
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBIT
-
-
4.93
4.37
5.24
Enact Holdings Quarterly Data
Dec19
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-EBIT
4.37
3.96
4.44
4.99
5.24
Competitive Comparison
For the Insurance - Specialty subindustry, Enact Holdings'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.
Enact Holdings EV-to-EBIT Distribution
For the Insurance industry and Financial Services sector, Enact Holdings's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Enact Holdings's EV-to-EBIT falls into.
Enact Holdings EV-to-EBIT Calculation
Enact Holdings's EV-to-EBIT for today is calculated as:
Enact Holdings's current Enterprise Value is $4,787 Mil.
Enact Holdings'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 $903 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.
Enact Holdings (NAS:ACT) 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.
Enact Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $4,733 Mil.
Enact Holdings'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 $903 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.
Enact Holdings EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Enact Holdings's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Enact Holdings (Enact Holdings) Business Description
Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The company is engaged in the business of writing and assuming residential mortgage guaranty insurance. Its product offerings include Primary mortgage insurance, which provides protection on individual loans at specified coverage percentages. Primary mortgage insurance is placed on individual loans at the time of origination and is typically delivered to the company on a loan-by-loan basis, and Pool mortgage insurance provides coverage on a finite set of individual loans identified by the pool policy.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ACT has been successfully added to your 