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, Lancashire Holdings's Enterprise Value is £1,257.3 Mil.
Lancashire Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £284.8 Mil. Therefore, Lancashire Holdings's EV-to-EBIT ratio for today is 4.42.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Lancashire Holdings's Enterprise Value is £1,257.3 Mil.
Lancashire Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was £288.3 Mil. Therefore, Lancashire Holdings's EV-to-EBITDA ratio for today is 4.36.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Lancashire Holdings's Enterprise Value is £1,257.3 Mil.
Lancashire Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was £992.1 Mil. Therefore, Lancashire Holdings's EV-to-Revenue ratio for today is 1.27.
Lancashire Holdings Enterprise Value Historical Data
The historical data trend for Lancashire 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.
Competitive Comparison of Lancashire Holdings's Enterprise Value
For the Insurance - Specialty subindustry, Lancashire 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.
Lancashire Holdings's Enterprise Value Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Lancashire Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Lancashire Holdings's Enterprise Value falls into.
Lancashire 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.
Lancashire Holdings's Enterprise Value for the fiscal year that ended in Dec. 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.
Lancashire Holdings (LSE:LRE) 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.
Lancashire Holdings's current Enterprise Value is £1,257.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lancashire Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £284.8 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Lancashire Holdings's current Enterprise Value is £1,257.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lancashire Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was £288.3 Mil.
Lancashire Holdings's current Enterprise Value is £1,257.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lancashire Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was £992.1 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.
Lancashire Holdings Enterprise Value Related Terms
Thank you for viewing the detailed overview of Lancashire Holdings's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Lancashire Holdings (LSE:LRE) Business Description
Lancashire Holdings Ltd is a specialty insurer and reinsurer. More than two-thirds of the premiums it receives are for insurance and reinsurance contracts that cover the United States and Canada or offshore areas throughout the world. Property insurance and reinsurance premiums provide the largest portion of the company's revenue. The company also provides insurance in the energy, marine, and aviation segments. More than a third of the company's premiums come through the company's Cathedral platform, which consists of two syndicates within Lloyd's market.
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