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Hallmark Financial Services (Hallmark Financial Services) Enterprise Value : $29.8 Mil (As of May. 14, 2024)


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What is Hallmark Financial Services 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.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hallmark Financial Services's Enterprise Value is $29.8 Mil. Hallmark Financial Services's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-93.7 Mil. Therefore, Hallmark Financial Services's EV-to-EBIT ratio for today is -0.32.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hallmark Financial Services's Enterprise Value is $29.8 Mil. Hallmark Financial Services's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $-91.8 Mil. Therefore, Hallmark Financial Services's EV-to-EBITDA ratio for today is -0.32.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hallmark Financial Services's Enterprise Value is $29.8 Mil. Hallmark Financial Services's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $165.9 Mil. Therefore, Hallmark Financial Services's EV-to-Revenue ratio for today is 0.18.


Hallmark Financial Services Enterprise Value Historical Data

The historical data trend for Hallmark Financial Services'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.

* Premium members only.

Hallmark Financial Services Enterprise Value Chart

Hallmark Financial Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 242.92 370.00 67.07 -168.60 56.85

Hallmark Financial Services Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Enterprise Value 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 -5.05 56.85 11.76 -35.27 33.30

Competitive Comparison of Hallmark Financial Services's Enterprise Value

For the Insurance - Property & Casualty subindustry, Hallmark Financial Services'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.


Hallmark Financial Services's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hallmark Financial Services's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Hallmark Financial Services's Enterprise Value falls into.



Hallmark Financial Services 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.

Hallmark Financial Services's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Hallmark Financial Services's Enterprise Value for the quarter that ended in Sep. 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.


Hallmark Financial Services  (OTCPK:HALL) 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.

Hallmark Financial Services's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=29.819/-93.657
=-0.32

Hallmark Financial Services's current Enterprise Value is $29.8 Mil.
Hallmark Financial Services's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-93.7 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Hallmark Financial Services's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=29.819/-91.781
=-0.32

Hallmark Financial Services's current Enterprise Value is $29.8 Mil.
Hallmark Financial Services's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-91.8 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Hallmark Financial Services's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=29.819/165.945
=0.18

Hallmark Financial Services's current Enterprise Value is $29.8 Mil.
Hallmark Financial Services's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $165.9 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.


Hallmark Financial Services Enterprise Value Related Terms

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Hallmark Financial Services (Hallmark Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
5420 Lyndon B. Johnson Freeway, Suite 1100, Two Lincoln Centre, Dallas, TX, USA, 75240
Hallmark Financial Services Inc is an insurance holding company, which is engaged in the sale of property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting, and servicing insurance products, as well as providing other insurance-related services. The company operates in segments such as Standard Commercial Segment, Specialty Commercial Segment, and Personal Segment. Geographically, it operates through the region of United States and derives a majority of its revenue from Specialty Commercial Segment, which includes Commercial Auto business unit, E&S Casualty business unit, E&S Property business unit, Professional Liability business unit, and Aerospace & Programs business unit.
Executives
Doug Slape director 5420 LYNDON B JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Christopher James Kenney officer: Chief Accounting Officer 5420 LYNDON B JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240-2345
Naveen Anand officer: President & CEO 777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Scott T Berlin director 14651 DALLAS PARKWAY STE 900, DALLAS TX 75254
James H Graves director ERWIN GRAVES & ASSOCIATES, 2100 MCKINNEY AVE STE 900, DALLAS TX 75205
Jeffrey R Passmore officer: CHIEF ACCOUNTING OFFICER 777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Mark E Pape director 12050 MEADOW LAKE DRIVE, ARGYLE TX 76226
Kevin Kasitz officer: PRESIDENT OF SUBSIDIARY
Mark E Schwarz director, 10 percent owner, officer: C.E.O. & CHAIRMAN 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Mark J Morrison officer: CHIEF FINANCIAL OFFICER 777 W MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Ncm Services, Inc. 10 percent owner 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Schwarz 2012 Family Trust 10 percent owner 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Detroit Stoker Co other: See Explanation 1510 E. FIRST ST., MONROE MI 48161
Jim W Henderson director
Newcastle Special Opportunity Fund I, L.p. other: see attached explanation 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201

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