American Financial Earnings before Tax vs Enterprise Value Analysis

AFG -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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

Earnings before Tax vs Enterprise Value

Accounts Relationship

Earnings before Tax vs Enterprise Value

Significance: Strong Relationship

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

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

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