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Navigators Group (Navigators Group) EBIT : $29 Mil (TTM As of Mar. 2019)


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What is Navigators Group EBIT?

Navigators Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2019 was $6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2019 was $29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Navigators Group's annualized ROC % for the quarter that ended in Mar. 2019 was -0.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Navigators Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was 1.37%.


Navigators Group EBIT Historical Data

The historical data trend for Navigators Group'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.

* Premium members only.

Navigators Group EBIT Chart

Navigators Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.95 132.90 132.94 90.25 64.06

Navigators Group Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 40.98 43.65 8.05 -28.62 5.62

Competitive Comparison of Navigators Group's EBIT

For the Insurance - Property & Casualty subindustry, Navigators Group'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.


Navigators Group's EV-to-EBIT Distribution in the Insurance Industry

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

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



Navigators Group 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $29 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.


Navigators Group  (NAS:NAVG) EBIT Explanation

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

Navigators Group's annualized ROC % for the quarter that ended in Mar. 2019 is calculated as:

ROC % (Q: Mar. 2019 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2018 ) + Invested Capital (Q: Mar. 2019 ))/ count )
=22.496 * ( 1 - 198.92% )/( (5167.40305 + 5385.4129)/ 2 )
=-22.2530432/5276.407975
=-0.42 %

where

Invested Capital(Q: Dec. 2018 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=5603.449 - 298.243 - ( 155.834 - 5% * 360.621 )
=5167.40305

Invested Capital(Q: Mar. 2019 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=5856.283 - 298.635 - ( 193.65 - 5% * 428.298 )
=5385.4129

Note: The EBIT data used here is four times the quarterly (Mar. 2019) 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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2019 )
=28.707/2096.680
=1.37 %

* 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.


Navigators Group EBIT Related Terms

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Navigators Group (Navigators Group) Business Description

Traded in Other Exchanges
N/A
Address
400 Atlantic Street, Stamford, CT, USA, 06901
Navigators Group is a property and casualty insurance company that operates multiple segments, including marine, property and casualty, and professional liabilities. Navigators splits these segments apart by region according to either United States exposure or international exposure. The vast majority of the company's revenue comes from its United States property and casualty business. Navigators distributes its products through a network of insurance brokers. The company considers merger and acquisition investment as a component of its operational growth strategy.
Executives
Meryl D Hartzband director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Patricia H Roberts director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Denise Lowsley officer: SVP, Chief HR Officer C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Loriann Lowery-biggers officer: SVP,Chief Marketing Officer BALDWIN & LYONS, INC. 111 CONGRESSIONAL BLVD. CARMEL IN 46032
Bruce J Byrnes officer: SVP & General Counsel 399 THORNAL STREET, EDISON NJ 08837
W Thomas Forrester director 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143

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