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Navigators Group (NAS:NAVG)
EV/EBIT
7.14 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Navigators Group's enterprise value is $837.2 Mil. Navigators Group's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $117.7 Mil. Therefore, Navigators Group's EV/EBIT ratio for today is 7.14.

NAVG' s 10-Year EV/EBIT Range
Min: 5.5   Max: 103.4
Current: 7.14

5.5
103.4

During the past 13 years, the highest EV/EBIT Ratio of Navigators Group was 103.40. The lowest was 5.50. And the median was 8.20.

NAVG's EV/EBITis ranked higher than
72% of the 205 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 9.06 vs. NAVG: 7.14 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Navigators Group's enterprise value for the quarter that ended in Jun. 2014 was $909.4 Mil. Navigators Group's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $117.7 Mil. Navigators Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 12.94%.


Definition

Navigators Group's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=837.232/117.68
=7.11

Navigators Group's current Enterprise Value is $837.2 Mil.
Navigators Group's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 31.09 (Sep. 2013 ) + 20.409 (Dec. 2013 ) + 41.322 (Mar. 2014 ) + 24.859 (Jun. 2014 ) = $117.7 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider 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).

Navigators Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=117.68/909.3996
=12.94 %

Navigators Group's Enterprise Value for the quarter that ended in Jun. 2014 was $909.4 Mil.
Navigators Group's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 31.09 (Sep. 2013 ) + 20.409 (Dec. 2013 ) + 41.322 (Mar. 2014 ) + 24.859 (Jun. 2014 ) = $117.7 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Navigators Group Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 7.0216.186.637.3811.978.417.3016.206.908.39

Navigators Group Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 9.369.669.296.907.486.925.728.397.757.73
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