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ICC Holdings (ICC Holdings) Enterprise Value : $58.26 Mil (As of May. 20, 2024)


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What is ICC Holdings 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, ICC Holdings's Enterprise Value is $58.26 Mil. ICC Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $6.56 Mil. Therefore, ICC Holdings's EV-to-EBIT ratio for today is 8.88.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ICC Holdings's Enterprise Value is $58.26 Mil. ICC Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $7.35 Mil. Therefore, ICC Holdings's EV-to-EBITDA ratio for today is 7.93.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, ICC Holdings's Enterprise Value is $58.26 Mil. ICC Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $86.40 Mil. Therefore, ICC Holdings's EV-to-Revenue ratio for today is 0.67.


ICC Holdings Enterprise Value Historical Data

The historical data trend for ICC Holdings'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.

ICC Holdings Enterprise Value Chart

ICC Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.33 53.93 68.99 61.53 61.55

ICC Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 61.42 61.14 62.88 61.55 58.19

Competitive Comparison of ICC Holdings's Enterprise Value

For the Insurance - Specialty subindustry, ICC Holdings'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.


ICC Holdings's Enterprise Value Distribution in the Insurance Industry

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

* The bar in red indicates where ICC Holdings's Enterprise Value falls into.



ICC Holdings 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.

ICC Holdings's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

ICC Holdings's Enterprise Value for the quarter that ended in Mar. 2024 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.


ICC Holdings  (NAS:ICCH) 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.

ICC Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=58.261/6.558
=8.88

ICC Holdings's current Enterprise Value is $58.26 Mil.
ICC Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.56 Mil.

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

ICC Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=58.261/7.348
=7.93

ICC Holdings's current Enterprise Value is $58.26 Mil.
ICC Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.35 Mil.

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

ICC Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=58.261/86.404
=0.67

ICC Holdings's current Enterprise Value is $58.26 Mil.
ICC Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $86.40 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.


ICC Holdings Enterprise Value Related Terms

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ICC Holdings (ICC Holdings) Business Description

Traded in Other Exchanges
N/A
Address
225 20th Street, Rock Island, IL, USA, 61201
ICC Holdings Inc is a specialty insurance carrier primarily underwriting commercial multi-peril, liquor liability, worker's compensation, and umbrella liability coverages for the food and beverage industry. The company markets its products through a network of independent agents in Colorado, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Pennsylvania, Ohio, and Wisconsin.
Executives
Arron K. Sutherland officer: President and CEO 225 20TH STREET, ROCK ISLAND IL 61201
Michael R. Smith officer: Chief Financial Officer 225 20TH STREET, ROCK ISLAND IL 61201
Rock Island Investors, Llc 10 percent owner 1230 PEACHTREE STREET NE, SUITE 3500, ATLANTA GA 30309
John R. Klockau director, Board of Directors 225 20TH STREET, ROCK ISLAND IL 61201
Norman D. Schmeichel officer: VP Chief Information Officer 225 20TH STREET, ROCK ISLAND IL 61201
Employee Stock Ownership Trust Icc Holdings, Inc. 10 percent owner 225 20TH STREET, ROCK ISLAND IL 61201
Julia B. Suiter officer: Chief Legal Officer 225 20TH STREET, ROCK ISLAND IL 61201
Howard J. Beck officer: Chief Underwriting Officer 225 20TH STREET, ROCK ISLAND IL 61201
Rickey Plunkett officer: Director of Claims 225 20TH STREET, ROCK ISLAND IL 61201
Richard Kevin Clinton director 225 20TH STREET, ROCK ISLAND IL 61201
Marilyn J. Clinton 10 percent owner 225 20TH STREET, ROCK ISLAND IL 61201
Joel K Heriford director, Board of Directors 702 E. OSBORN RD., SUITE 200, PHOENIX AZ 85014
James R. Dingman director, Board of Directors 225 20TH STREET, ROCK ISLAND IL 61201
Gerald J. Pepping director, Board of Directors 225 20TH STREET, ROCK ISLAND IL 61201
Mark J. Schwab director, Board of Directors 225 20TH STREET, ROCK ISLAND IL 61201