Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Nord Insuretech Group AB's enterprise value is kr236.66 Mil.
Nord Insuretech Group AB's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was kr-22.39 Mil. Therefore, Nord Insuretech Group AB's EV-to-EBITDA for today is -10.57.
The historical rank and industry rank for Nord Insuretech Group AB's EV-to-EBITDA or its related term are showing as below:
NGM:NORDIG'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -20.84 Med: -6.33 Max: -2.88
Current: -10.57
During the past 8 years, the highest EV-to-EBITDA of Nord Insuretech Group AB was -2.88. The lowest was -20.84. And the median was -6.33.
NGM:NORDIG's EV-to-EBITDA is ranked worse than 100% of 1954
companies
in the Software industry
Industry Median: 10.28
vs NGM:NORDIG: -10.57
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Nord Insuretech Group AB (NGM:NORDIG) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Nord Insuretech Group AB's PE Ratio (TTM) for today is calculated as:
Nord Insuretech Group AB's share price for today is kr0.615.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nord Insuretech Group AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr-0.100.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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.
NGM:NORDIG vs CRM, SHOP, UBER: EV-to-EBITDA Comparison
For the Software - Application subindustry, Nord Insuretech Group AB's EV-to-EBITDA, along with its competitors' market caps and EV-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.
Nord Insuretech Group AB EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Nord Insuretech Group AB's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nord Insuretech Group AB's EV-to-EBITDA falls into.
Nord Insuretech Group AB's current Enterprise Value is kr236.66 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nord Insuretech Group AB's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was kr-22.39 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.
Nord Insuretech Group AB (NGM:NORDIG) has a EV-to-EBITDA of -10.57 as of Sep. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nord Insuretech Group AB. According to the industry distribution chart, Nord Insuretech Group AB ranks #999999 out of 1954 companies in the Software industry.
Is Nord Insuretech Group AB's EV-to-EBITDA too high?
Nord Insuretech Group AB's current EV-to-EBITDA is -10.57. Based on the distribution chart, Nord Insuretech Group AB ranks #999999 out of 1954 companies in the Software industry, which is in the bottom quartile relative to peers. 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 EV-to-EBITDA compare to CRM and SHOP?
According to the Software industry distribution chart, Nord Insuretech Group AB ranks #999999 out of 1954 companies for EV-to-EBITDA. This places Nord Insuretech Group AB in the lower half of its industry. The industry median EV-to-EBITDA is 10.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.28, based on 1,954 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nord Insuretech Group AB. For the Software industry, the median EV-to-EBITDA is 10.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nord Insuretech Group AB's current EV-to-EBITDA is -10.57. 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 EV-to-EBITDA is -10.57. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Nord Insuretech Group AB (NGM:NORDIG), the current EV-to-EBITDA is -10.57 as of Sep. 12, 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:
EV-to-EBITDA: -10.57
GF Value™: kr0.27 vs. price of kr0.62 (127.8% above fair value)
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 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
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NGM:NORDIG has been successfully added to your 
