GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Equity Investment Life Holding Co (NYSE:AEL) » Definitions » EV-to-EBIT

American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) EV-to-EBIT : -4.87 (As of Apr. 25, 2024)


View and export this data going back to 2003. Start your Free Trial

What is American Equity Investment Life Holding Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, American Equity Investment Life Holding Co's Enterprise Value is $-4,462 Mil. American Equity Investment Life Holding Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $916 Mil. Therefore, American Equity Investment Life Holding Co's EV-to-EBIT for today is -4.87.

The historical rank and industry rank for American Equity Investment Life Holding Co's EV-to-EBIT or its related term are showing as below:

AEL' s EV-to-EBIT Range Over the Past 10 Years
Min: -4.89   Med: 0.97   Max: 2.8
Current: -4.87

During the past 13 years, the highest EV-to-EBIT of American Equity Investment Life Holding Co was 2.80. The lowest was -4.89. And the median was 0.97.

AEL's EV-to-EBIT is ranked better than
96.86% of 318 companies
in the Insurance industry
Industry Median: 7.87 vs AEL: -4.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. American Equity Investment Life Holding Co's Enterprise Value for the quarter that ended in Dec. 2023 was $-4,456 Mil. American Equity Investment Life Holding Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $916 Mil. American Equity Investment Life Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -20.55%.


American Equity Investment Life Holding Co EV-to-EBIT Historical Data

The historical data trend for American Equity Investment Life Holding Co'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.

American Equity Investment Life Holding Co EV-to-EBIT Chart

American Equity Investment Life Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 -2.46 -0.11 0.94 -4.87

American Equity Investment Life Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 0.94 0.55 -0.04 -3.68 -4.87

Competitive Comparison of American Equity Investment Life Holding Co's EV-to-EBIT

For the Insurance - Life subindustry, American Equity Investment Life Holding Co'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.


American Equity Investment Life Holding Co's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, American Equity Investment Life Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where American Equity Investment Life Holding Co's EV-to-EBIT falls into.



American Equity Investment Life Holding Co EV-to-EBIT Calculation

American Equity Investment Life Holding Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-4462.402/915.72
=-4.87

American Equity Investment Life Holding Co's current Enterprise Value is $-4,462 Mil.
American Equity Investment Life Holding Co'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 $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.


American Equity Investment Life Holding Co  (NYSE:AEL) 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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

American Equity Investment Life Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=915.72/-4456.44476
=-20.55 %

American Equity Investment Life Holding Co's Enterprise Value for the quarter that ended in Dec. 2023 was $-4,456 Mil.
American Equity Investment Life Holding Co'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 $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.


American Equity Investment Life Holding Co EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of American Equity Investment Life Holding Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) Business Description

Traded in Other Exchanges
Address
6000 Westown Parkway, West Des Moines, IA, USA, 50266
American Equity Investment Life Holding Co is a financial services company. Its core business is selling fixed-index and fixed-rate annuity products through its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The company is licensed to sell its products in 50 states and the District of Columbia. Its targeted clients are individuals aged 45-75 who are interested in accumulating tax-deferred savings or creating guaranteed lifetime income.
Executives
Aaron Boushek officer: Controller 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Jeffrey D Lorenzen officer: Sr. Vice President-Investments 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Axel Andre officer: Chief Financial Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Robert L Howe director 5000 WESTOWN PARKWAY, SUITE 440, WEST DES MOINES IA 50266
Anant Bhalla director, officer: President 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
James Louis Hamalainen officer: EVP & CCSO, AEILIC 6000 WESTOWN PKWY, WEST DES MOINES IA 50266
Dewayne Lummus officer: SVP & Chief Accounting Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266-9024
Michael E Hayes director 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Alan David Matula director 828 ST. CHARLES, NEW ORLEANS LA 70130
Kate Etinger officer: Chief People Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Nicholas P. Volpe officer: Chief Technology Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Gerard D. Neugent director 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Ronald James Grensteiner officer: Vice President 5000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Joyce Ann Chapman director 5000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
North End Re (cayman) Spc 10 percent owner 18 FORUM LANE, 2ND FLOOR, CAMANA BAY, GRAND CAYMAN E9 KY-1102

American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) Headlines

From GuruFocus