FedNat Co EV/EBIT
What is the EV/EBIT of FedNat Co?
The EV/EBIT of FedNat Holding Co is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Finance sector on NASDAQ compared to FedNat Co
What does FedNat Co do?
FedNat Holding Company is a regional insurance holding company that controls substantially all aspects of the insurance underwriting, distribution and claims processes through its subsidiaries and contractual relationships with independent agents and general agents. The Company, through its wholly owned subsidiaries FedNat Insurance Company, Maison Insurance Company, and Monarch National Insurance Company, is focused on providing homeowners insurance in Florida, Texas, Louisiana, Alabama, South Carolina and Mississippi.
Companies with ev/ebit similar to FedNat Co
- Spectrum Pharmaceuticals has EV/EBIT of N/A
- Strip Tinning Plc Ord has EV/EBIT of N/A
- Container Store Inc has EV/EBIT of N/A
- IDEAYA Biosciences has EV/EBIT of N/A
- Kisses from Italy has EV/EBIT of N/A
- Minaean SP Construction has EV/EBIT of N/A
- FedNat Co has EV/EBIT of N/A
- Safe-T Ltd has EV/EBIT of N/A
- TiVo has EV/EBIT of N/A
- Crystal Bridge Enterprises has EV/EBIT of N/A
- Methanor SCA has EV/EBIT of N/A
- COSCIENS Biopharma has EV/EBIT of N/A
- Mondias Natural Products has EV/EBIT of N/A