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Navigators Group (Navigators Group) Return-on-Tangible-Equity : -0.59% (As of Mar. 2019)


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What is Navigators Group Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Navigators Group's annualized net income for the quarter that ended in Mar. 2019 was $-7 Mil. Navigators Group's average shareholder tangible equity for the quarter that ended in Mar. 2019 was $1,182 Mil. Therefore, Navigators Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2019 was -0.59%.

The historical rank and industry rank for Navigators Group's Return-on-Tangible-Equity or its related term are showing as below:

NAVG's Return-on-Tangible-Equity is not ranked *
in the Insurance industry.
Industry Median: 12.08
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Navigators Group Return-on-Tangible-Equity Historical Data

The historical data trend for Navigators Group's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Navigators Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.95 7.68 7.32 3.39 2.88

Navigators Group Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Return-on-Tangible-Equity 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 10.17 10.63 1.54 -11.29 -0.59

Competitive Comparison of Navigators Group's Return-on-Tangible-Equity

For the Insurance - Property & Casualty subindustry, Navigators Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Navigators Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Navigators Group's Return-on-Tangible-Equity falls into.



Navigators Group Return-on-Tangible-Equity Calculation

Navigators Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=34.239/( (1219.369+1159.704 )/ 2 )
=34.239/1189.5365
=2.88 %

Navigators Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2019 )  (Q: Dec. 2018 )(Q: Mar. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2019 )  (Q: Dec. 2018 )(Q: Mar. 2019 )
=-6.952/( (1159.704+1203.659)/ 2 )
=-6.952/1181.6815
=-0.59 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Navigators Group  (NAS:NAVG) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Navigators Group Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Navigators Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


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