NODK (NI Holdings) EBIT: $0.0 Mil (TTM As of Mar. 2026)


NODK NI Holdings Inc NODK
66 GF Score
Price $15.71
GF Value $14.13
Valuation Modestly Overvalued
! 4 Warning Signs
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What is NI Holdings EBIT?

NI Holdings NODK -0.35% 66 EBIT is $0.0 Mil as of Mar. 2026. GuruFocus rates NODK with a GF Score™ of 66/100 and a GF Value™ of $14.13 (Modestly Overvalued). The stock has 4 warning signs investors should review.

NI Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NI Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NI Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.00%.


NI Holdings  (NAS:NODK) EBIT Explanation

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

NI Holdings's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=0 * ( 1 - 20.38% )/( (456.45855 + 435.6531)/ 2 )
=0/446.055825
=0.00 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=506.002 - 0.878 - ( 51.715 - 5% * 60.991 )
=456.45855

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=492.109 - 1.719 - ( 57.717 - 5% * 59.602 )
=435.6531

Note: The EBIT data used here is four times the quarterly (Mar. 2026) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

NI Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=0/263.944
=0.00 %

* 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.


NI Holdings EBIT Related Terms


NI Holdings EBIT Historical Data

* Premium members only.

The historical data trend for NI Holdings'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.

NI Holdings EBIT Chart

NI Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NI Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NODK vs AII, KINS, GBLI: EBIT Comparison

For the Insurance - Property & Casualty subindustry, NI Holdings'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.


NI Holdings EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, NI Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NI Holdings's EV-to-EBIT falls into.


NODK
66GF Score
NI Holdings Inc NODK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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NI Holdings 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 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 $0.0 Mil mean?
NI Holdings (NODK) has a EBIT of $0.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NI Holdings.
Is NI Holdings' EBIT too high?
NI Holdings' current EBIT is $0.0 Mil. Overall, NI Holdings has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NI Holdings' EBIT compare to AII and KINS?
NI Holdings' EBIT of $0.0 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good EBIT depends on the Insurance 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 NI Holdings. NI Holdings's current EBIT is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NI Holdings stock overvalued right now?
Based on GuruFocus' analysis, NI Holdings (NODK) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.13, compared to a current price of $15.71 — trading 11.1% above its estimated fair value. The current EBIT is $0.0 Mil. NI Holdings' overall GF Score™ is 66/100 with 4 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 NI Holdings (NODK), the current EBIT is $0.0 Mil as of Mar. 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 NI Holdings (NODK) Overvalued in 2026?

Based on GuruFocus' analysis, NI Holdings stock appears to be overvalued. The current stock price of $15.71 is trading 11.1% above its estimated GF Value™ of $14.13. GuruFocus considers NI Holdings to be Modestly Overvalued.

Key valuation signals for NODK:

  • EBIT: $0.0 Mil
  • GF Value™: $14.13 vs. price of $15.71 (11.1% above fair value)
  • GF Score™: 66/100 with 4 warning signs

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


NI Holdings Business Description

Address 1101 First Avenue North, Fargo, ND, USA, 58102
NI Holdings Inc is a stockholding company. Through its subsidiaries, the company operates in the insurance industry, offering homeowners and farmowners insurance policies, crop insurance policies, home insurance policies, etc. These insurance products are distributed through a network of exclusive and independent agents across the United States. The group's reportable segments are: Private Passenger Auto, Non-Standard Auto, Home and Farm, Crop, and All Other (which mainly consists of commercial, assumed reinsurance, and its excess liability business). Maximum revenue is generated from the Home and Farm segment.
66GF Score

Get the complete analysis for NODK

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

$15.71
Price
$14.13
GF Value