Alleghany Earnings before Tax vs Enterprise Value Analysis

Y -- USA Stock  

USD 752.33  19.24  2.49%

Alleghany financial indicator trend analysis is way more than just evaluating Alleghany prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alleghany is a good investment. Please check the relationship between Alleghany Earnings before Tax and its Enterprise Value accounts. See also Your Current Watchlist.

Earnings before Tax vs Enterprise Value

Accounts Relationship

Earnings before Tax vs Enterprise Value

Significance: Very Strong Relationship

Earnings before Tax diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alleghany Earnings before Tax account and Enterprise Value

Correlation Coefficient

Relationship DirectionPositive 
Relationship StrengthStrong

Earnings before Tax

Earnings Before Tax is calculated by adding [TaxExp] back to [NetInc].

Enterprise Value

Enterprise Value (or EV) is usually referred to as Alleghany theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Alleghany debt, but would also pocket its cash. Enterprise Value is more accurate representation of Alleghany value than its market capitalization because it takes into account all of Alleghany Corporation existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].