Cigna (LIM:CI) EV-to-EBIT : 16.72 (As of May. 01, 2024)

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What is Cigna EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cigna's Enterprise Value is $116,324 Mil. Cigna's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $6,959 Mil. Therefore, Cigna's EV-to-EBIT for today is 16.72.

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

LIM:CI' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.82 Med: 13.3 Max: 36.35
Current: 17.87

During the past 13 years, the highest EV-to-EBIT of Cigna was 36.35. The lowest was 7.82. And the median was 13.30.

LIM:CI's EV-to-EBIT is ranked worse than
78.57% of 14 companies
in the Healthcare Plans industry
Industry Median: 10.165 vs LIM:CI: 17.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Cigna's Enterprise Value for the quarter that ended in Dec. 2023 was $0 Mil. Cigna's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $6,959 Mil. Cigna's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

Cigna EV-to-EBIT Historical Data

The historical data trend for Cigna'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.

Cigna EV-to-EBIT Chart

Cigna Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

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13.21

7.85

12.86

12.91

15.93

Cigna 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															12.91	10.33	10.97	13.17	15.93

Competitive Comparison of Cigna's EV-to-EBIT

For the Healthcare Plans subindustry, Cigna'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.

Cigna's EV-to-EBIT Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Cigna's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cigna's EV-to-EBIT falls into.

Cigna EV-to-EBIT Calculation

Cigna's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	116323.922	/	6959
	=	16.72

Cigna's current Enterprise Value is $116,324 Mil.
Cigna'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 $6,959 Mil.

Cigna (LIM:CI) 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) %.

Cigna'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 )
	=	6959	/	0
	=	%

Cigna's Enterprise Value for the quarter that ended in Dec. 2023 was $0 Mil.
Cigna'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 $6,959 Mil.

Cigna EV-to-EBIT Related Terms

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Cigna (LIM:CI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Cigna Corp (LIM:CI) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

CI:USA CI:Mexico CGN:Germany C1IC34:Brazil CIGN:Austria

Address

900 Cottage Grove Road, Bloomfield, CT, USA, 06002

Website

https://www.cigna.com

Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 18 million U.S. medical members covered as of the end of June 2023.