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Navigator Global InvestmentsASX:NGI +2.86%84 Debt-to-EBITDA is 0.58 as of Dec. 2025, which is 61% above its 10-year median of 0.36. GuruFocus rates ASX:NGI with a GF Score™ of 84/100 and a GF Value™ of A$2.03 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 387 Asset Management companies, Navigator Global Investments ranks better than 64.6% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Navigator Global Investments's Debt-to-EBITDA or its related term are showing as below:
ASX:NGI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.19 Med: 0.36 Max: 0.77
Current: 0.52
During the past 13 years, the highest Debt-to-EBITDA Ratio of Navigator Global Investments was 0.77. The lowest was 0.19. And the median was 0.36.
ASX:NGI's Debt-to-EBITDA is ranked better than 64.6% of 387
companies
in the Asset Management industry
Industry Median: 1.44
vs ASX:NGI: 0.52
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Navigator Global Investments Debt-to-EBITDA Related Terms
Navigator Global Investments Debt-to-EBITDA Historical Data
* 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.
ASX:NGI vs BLK, BX, KKR: Debt-to-EBITDA Comparison
For the Asset Management subindustry, Navigator Global Investments's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Navigator Global Investments Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Navigator Global Investments's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Navigator Global Investments's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.
Navigator Global Investments (ASX:NGI) has a Debt-to-EBITDA of 0.58 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Navigator Global Investments. This is 61% above median its historical median of 0.36. Over the past decade, Navigator Global Investments' Debt-to-EBITDA has ranged from 0.19 to 0.77. According to the industry distribution chart, Navigator Global Investments ranks #137 out of 387 companies in the Asset Management industry, placing it in the top 35.4%.
Is Navigator Global Investments' Debt-to-EBITDA too high?
Navigator Global Investments' current Debt-to-EBITDA of 0.58 is 61% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.77. The Asset Management industry median Debt-to-EBITDA is 1.44. Navigator Global Investments' value of 0.58 is 59.7% below this industry median. Based on the distribution chart, Navigator Global Investments ranks #137 out of 387 companies in the Asset Management industry, which is above the industry midpoint. Overall, Navigator Global Investments has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Navigator Global Investments' Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Navigator Global Investments ranks #137 out of 387 companies for Debt-to-EBITDA. This puts Navigator Global Investments in the upper half of its industry. The industry median Debt-to-EBITDA is 1.44. Navigator Global Investments' value of 0.58 is 59.7% below this benchmark. Historically, Navigator Global Investments' own Debt-to-EBITDA has ranged from 0.19 to 0.77 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.44, Navigator Global Investments has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.44, based on 387 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Navigator Global Investments's current Debt-to-EBITDA of 0.58 is 59.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Navigator Global Investments. For the Asset Management industry, the median Debt-to-EBITDA is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navigator Global Investments's current Debt-to-EBITDA is 0.58, which is 61% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navigator Global Investments stock overvalued right now?
Based on GuruFocus' analysis, Navigator Global Investments (ASX:NGI) is currently considered Modestly Overvalued. The stock's GF Value™ is A$2.03, compared to a current price of A$2.52 — trading 24.1% above its estimated fair value. The current Debt-to-EBITDA is 0.58, which is 61% above median its 10-year median of 0.36 and 59.7% below the Asset Management industry median of 1.44. Navigator Global Investments' overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Navigator Global Investments (ASX:NGI), the current Debt-to-EBITDA is 0.58 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Navigator Global Investments (ASX:NGI) Overvalued in 2026?
Based on GuruFocus' analysis, Navigator Global Investments stock appears to be overvalued.
The current stock price of A$2.52 is trading 24.1% above its estimated GF Value™ of A$2.03.
GuruFocus considers Navigator Global Investments to be Modestly Overvalued.
Key valuation signals for ASX:NGI:
Debt-to-EBITDA: 0.58 (61% above median its 10-year median of 0.36)
GF Value™: A$2.03 vs. price of A$2.52 (24.1% above fair value)
Industry Position: 59.7% below the Asset Management median (#137 of 387)
No single metric tells the full story. See the ASX:NGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Navigator Global Investments Ltd is a holding company. It invests in a range of diversified alternative asset management companies. The group's reportable operating segment includes Lighthouse and NGI Strategic. The company generates maximum revenue from the Lighthouse segment, which operates as an international absolute return funds manager for investment vehicles. The NGI Strategic segment partners with alternative investment management firms and holds several strategic investments on a minority basis. Including the NGI Strategic Portfolio, Marble Capital, Invictus Capital Partners and 1315 Capital investments. Geographically, the group generates revenue from contracts with its customers in the United States of America, Cayman Islands, the United Kingdom, and Australia.
84GF Score
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