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CIC Insurance GroupNAI:CIC 78 Debt-to-EBITDA is 2.61 as of Dec. 2025, which is 16% below its 10-year median of 3.12. GuruFocus rates NAI:CIC with a GF Score™ of 78/100 and a GF Value™ of KES3.43 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 317 Insurance companies, CIC Insurance Group ranks worse than 75.08% 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 CIC Insurance Group's Debt-to-EBITDA or its related term are showing as below:
NAI:CIC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.14 Med: 3.12 Max: 6.54
Current: 2.61
During the past 13 years, the highest Debt-to-EBITDA Ratio of CIC Insurance Group was 6.54. The lowest was 1.14. And the median was 3.12.
NAI:CIC's Debt-to-EBITDA is ranked worse than 75.08% of 317
companies
in the Insurance industry
Industry Median: 1.25
vs NAI:CIC: 2.61
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.
CIC Insurance Group Debt-to-EBITDA Related Terms
CIC Insurance Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for CIC Insurance Group's Debt-to-EBITDA can be seen below:
* 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.
NAI:CIC vs BRK.A, AIG, HIG: Debt-to-EBITDA Comparison
For the Insurance - Diversified subindustry, CIC Insurance Group'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.
CIC Insurance Group Debt-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, CIC Insurance Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where CIC Insurance Group'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 one times the quarterly (Dec. 2025) EBITDA data.
CIC Insurance Group (NAI:CIC) has a Debt-to-EBITDA of 2.61 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 CIC Insurance Group. This is 16% below median its historical median of 3.12. Over the past decade, CIC Insurance Group's Debt-to-EBITDA has ranged from 1.14 to 6.54. According to the industry distribution chart, CIC Insurance Group ranks #238 out of 317 companies in the Insurance industry, placing it in the top 75.1%.
Is CIC Insurance Group's Debt-to-EBITDA too high?
CIC Insurance Group's current Debt-to-EBITDA of 2.61 is 16% below median its 10-year median of 3.12. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 6.54. The Insurance industry median Debt-to-EBITDA is 1.25. CIC Insurance Group's value of 2.61 is 108.8% above this industry median. Based on the distribution chart, CIC Insurance Group ranks #238 out of 317 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, CIC Insurance Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CIC Insurance Group's Debt-to-EBITDA compare to BRK.A and AIG?
According to the Insurance industry distribution chart, CIC Insurance Group ranks #238 out of 317 companies for Debt-to-EBITDA. This places CIC Insurance Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.25. CIC Insurance Group's value of 2.61 is 108.8% above this benchmark. Historically, CIC Insurance Group's own Debt-to-EBITDA has ranged from 1.14 to 6.54 over the past decade. While the company's 10-year median is 3.12 vs. the industry median of 1.25, CIC Insurance Group has consistently been above 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 Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.25, based on 317 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. CIC Insurance Group's current Debt-to-EBITDA of 2.61 is 108.8% above 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 CIC Insurance Group. For the Insurance industry, the median Debt-to-EBITDA is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIC Insurance Group's current Debt-to-EBITDA is 2.61, which is 16% below median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIC Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, CIC Insurance Group (NAI:CIC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES3.43, compared to a current price of KES4.80 — trading 39.9% above its estimated fair value. The current Debt-to-EBITDA is 2.61, which is 16% below median its 10-year median of 3.12 and 108.8% above the Insurance industry median of 1.25. CIC Insurance Group's overall GF Score™ is 78/100 with 3 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 CIC Insurance Group (NAI:CIC), the current Debt-to-EBITDA is 2.61 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 CIC Insurance Group (NAI:CIC) Overvalued in 2026?
Based on GuruFocus' analysis, CIC Insurance Group stock appears to be overvalued.
The current stock price of KES4.80 is trading 39.9% above its estimated GF Value™ of KES3.43.
GuruFocus considers CIC Insurance Group to be Significantly Overvalued.
Key valuation signals for NAI:CIC:
Debt-to-EBITDA: 2.61 (16% below median its 10-year median of 3.12)
GF Value™: KES3.43 vs. price of KES4.80 (39.9% above fair value)
Industry Position: 108.8% above the Insurance median (#238 of 317)
No single metric tells the full story. See the NAI:CIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIC Insurance Group Ltd operates as a Co-operative insurer in Africa, offering insurance and investment services across Kenya, Uganda, South Sudan, and Malawi. Its diverse portfolio includes General Insurance, Life Assurance, Microinsurance, Asset Management and Pharmaceutical services. The Company's reportable segments are long-term business, general insurance business, asset management, and other business. The majority of revenue is derived from the Asset Management segment.
78GF Score
Get the complete analysis for NAI:CIC
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