Nord Insuretech Group AB (NGM:NORDIG) EBIT: kr-36.79 Mil (TTM As of Jun. 2026)

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NGM:NORDIG Nord Insuretech Group AB NGM:NORDIG
14 GF Score
Price kr0.62
GF Value kr0.27
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Nord Insuretech Group AB EBIT?

Nord Insuretech Group AB NGM:NORDIG 14 EBIT is kr-36.79 Mil as of Jun. 2026. GuruFocus rates NGM:NORDIG with a GF Score™ of 14/100 and a GF Value™ of kr0.27 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Nord Insuretech Group AB's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2026 was kr-15.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was kr-36.79 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nord Insuretech Group AB's annualized ROC % for the quarter that ended in Jun. 2026 was -75.55%. Nord Insuretech Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -3,033.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nord Insuretech Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -15.54%.

Nord Insuretech Group AB  (NGM:NORDIG) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Nord Insuretech Group AB's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-30.308 * ( 1 - 0% )/( (40.643 + 39.585)/ 2 )
=-30.308/40.114
=-75.55 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=36.194 - 0.854 - ( 3.351 - max(0, 9.663 - 4.36+3.351))
=40.643

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=30.458 - 2.872 - ( 1.292 - max(0, 13.344 - 1.345+1.292))
=39.585

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Nord Insuretech Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-30.272/( ( (1.114 + max(-4.274, 0)) + (0.882 + max(-9.153, 0)) )/ 2 )
=-30.272/( ( 1.114 + 0.882 )/ 2 )
=-30.272/0.998
=-3,033.27 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.273) - (0.854 + 0 + 3.693)
=-4.274

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (2.872 + 0 + 6.281)
=-9.153

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Nord Insuretech Group AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=-36.785/236.657
=-15.54 %

* 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.

Nord Insuretech Group AB EBIT Related Terms

Nord Insuretech Group AB EBIT Historical Data

* Premium members only.

The historical data trend for Nord Insuretech Group AB's EBIT 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.

Nord Insuretech Group AB EBIT Chart

Nord Insuretech Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -19.64 -14.44 -53.80 -35.82 -34.61

Nord Insuretech Group AB Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.49 -17.59 -13.01 -21.65 -15.14

NGM:NORDIG vs CRM, SHOP, UBER: EBIT Comparison

For the Software - Application subindustry, Nord Insuretech Group AB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Nord Insuretech Group AB EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Nord Insuretech Group AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nord Insuretech Group AB's EV-to-EBIT falls into.


NGM:NORDIG
14GF Score
Nord Insuretech Group AB NGM:NORDIG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nord Insuretech Group AB EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-36.79 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of kr-36.79 Mil mean?
Nord Insuretech Group AB (NGM:NORDIG) has a EBIT of kr-36.79 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nord Insuretech Group AB.
Is Nord Insuretech Group AB's EBIT too high?
Nord Insuretech Group AB's current EBIT is kr-36.79 Mil. Overall, Nord Insuretech Group AB has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nord Insuretech Group AB's EBIT compare to CRM and SHOP?
Nord Insuretech Group AB's EBIT of kr-36.79 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nord Insuretech Group AB. Nord Insuretech Group AB's current EBIT is kr-36.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nord Insuretech Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nord Insuretech Group AB (NGM:NORDIG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.27, compared to a current price of kr0.62 — trading 127.8% above its estimated fair value. The current EBIT is kr-36.79 Mil. Nord Insuretech Group AB's overall GF Score™ is 14/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Nord Insuretech Group AB (NGM:NORDIG), the current EBIT is kr-36.79 Mil as of Jun. 2026. 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 Nord Insuretech Group AB (NGM:NORDIG) Overvalued in 2026?

Based on GuruFocus' analysis, Nord Insuretech Group AB stock appears to be overvalued. The current stock price of kr0.62 is trading 127.8% above its estimated GF Value™ of kr0.27. GuruFocus considers Nord Insuretech Group AB to be Significantly Overvalued.

Key valuation signals for NGM:NORDIG:

  • EBIT: kr-36.79 Mil
  • GF Value™: kr0.27 vs. price of kr0.62 (127.8% above fair value)
  • GF Score™: 14/100 with 9 warning signs

No single metric tells the full story. See the NGM:NORDIG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nord Insuretech Group AB Business Description

Address Industrigatan 4A, Stockholm, SWE, 112 46
Nord Insuretech Group AB is a operator of digital platform. It delivers next-generation integrated insurance in the Nordic region. The company distributes its services through partners who can then sell various insurance products to end customers through the company's digital platform.
14GF Score

Get the complete analysis for NGM:NORDIG

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.62
Price
kr0.27
GF Value