GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Definity Financial Corp (TSX:DFY) » Definitions » EV-to-EBITDA

Definity Financial (TSX:DFY) EV-to-EBITDA : 12.58 (As of May. 05, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Definity Financial EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Definity Financial's enterprise value is C$5,290 Mil. Definity Financial's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$420 Mil. Therefore, Definity Financial's EV-to-EBITDA for today is 12.58.

The historical rank and industry rank for Definity Financial's EV-to-EBITDA or its related term are showing as below:

TSX:DFY' s EV-to-EBITDA Range Over the Past 10 Years
Min: -155.53   Med: 11.97   Max: 21.36
Current: 12.58

During the past 4 years, the highest EV-to-EBITDA of Definity Financial was 21.36. The lowest was -155.53. And the median was 11.97.

TSX:DFY's EV-to-EBITDA is ranked worse than
72.87% of 328 companies
in the Insurance industry
Industry Median: 7.215 vs TSX:DFY: 12.58

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-05), Definity Financial's stock price is C$46.05. Definity Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$3.000. Therefore, Definity Financial's PE Ratio for today is 15.35.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Definity Financial EV-to-EBITDA Historical Data

The historical data trend for Definity Financial's EV-to-EBITDA 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.

Definity Financial EV-to-EBITDA Chart

Definity Financial Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
- - 23.69 7.72

Definity Financial Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.69 18.69 9.68 12.73 7.72

Competitive Comparison of Definity Financial's EV-to-EBITDA

For the Insurance - Property & Casualty subindustry, Definity Financial's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Definity Financial's EV-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Definity Financial's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Definity Financial's EV-to-EBITDA falls into.



Definity Financial EV-to-EBITDA Calculation

Definity Financial's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5289.595/420.4
=12.58

Definity Financial's current Enterprise Value is C$5,290 Mil.
Definity Financial'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 C$420 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.


Definity Financial  (TSX:DFY) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Definity Financial's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=46.05/3.000
=15.35

Definity Financial's share price for today is C$46.05.
Definity Financial's Earnings per Share (Diluted) 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 C$3.000.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Definity Financial EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Definity Financial's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Definity Financial (TSX:DFY) Business Description

Traded in Other Exchanges
Address
111 Westmount Road South, Waterloo, ON, CAN, N2L 2L6
Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers. Its commercial insurance products include fleet, individually-rated commercial auto, property, liability, and specialty insurance products.

Definity Financial (TSX:DFY) Headlines

No Headlines