Navigator Global Investments
HFA Holdings Limited operates as a fund management company in Australia. The last earnings update was 96 days ago. More info.
Add to Portfolio Compare Print
- Navigator Global Investments is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
NGI Share Price and Events
7 Day Returns
1 Year Returns
NGI Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Navigator Global Investments (NGI) | 11.3% | 1.6% | -16.6% | 61.7% | 71.1% | 549% |
| AU Capital Markets | 1.4% | 5.4% | -1.5% | 22.1% | 55.6% | 113.4% |
| AU Market | 1.5% | 0.7% | 0.4% | 4.6% | 45.6% | 53.2% |
1 Year Return vs Industry and Market
- NGI outperformed the Capital Markets industry which returned 22.1% over the past year.
- NGI outperformed the Market in Australia which returned 4.6% over the past year.
NGI Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Navigator Global Investments
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Navigator Global Investments.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity = $1.55 * 6% |
$0.09 |
| Book Value of Equity per Share | Median Book Value from the past 5 years. | $1.55 |
| Discount Rate (Cost of Equity) | See below | 8.6% |
| Perpetual Growth Rate | 10-Year AU Government Bond Rate | 2.8% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year AU Govt Bond Rate | 2.8% |
| Equity Risk Premium | S&P Global | 7.2% |
| Capital Markets Unlevered Beta | Simply Wall St/ S&P Global | 0.37 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.372 (1 + (1- 30%) (0%)) |
0.372 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.77% + (0.8 * 7.23%) |
8.55% |
Discounted Cash Flow Calculation for ASX:NGI using Excess Returns Model Model
The calculations below outline how an intrinsic value for Navigator Global Investments is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (6% – 8.55%) * $1.55) |
$-0.04 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= $-0.04 / (8.55% - 2.77%) |
$-0.70 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= $1.55 + $-0.70 |
$0.85 |
| Calculation | Result | |
|---|---|---|
| Exchange Rate | USD/AUD
(Reporting currency to currency of ASX:NGI) |
1.381 |
| Value per Share (AUD) |
= Value per Share in USD x Exchange Rate (USD/AUD)
= $0.85 x 1.381 |
A$1.18 |
| Value per share (AUD) | From above. | A$1.18 |
| Current discount | Discount to share price of
A$5.03
= -1 x (A$5.03 - A$1.18) / A$1.18 |
-326.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Navigator Global Investments is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Navigator Global Investments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Navigator Global Investments's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-06-30) in USD | $-0.08 |
| ASX:NGI Share Price ** | ASX (2018-11-12) in AUD | A$5.03 |
| ASX:NGI Share Price converted to USD reporting currency | Exchange rate (AUD/ USD) 0.724 | $3.64 |
| Australia Capital Markets Industry PE Ratio | Median Figure of 22 Publicly-Listed Capital Markets Companies | 14.28x |
| Australia Market PE Ratio | Median Figure of 553 Publicly-Listed Companies | 15.87x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Navigator Global Investments.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ASX:NGI Share Price ÷ EPS (both in USD) = 3.64 ÷ -0.08 |
-45.24x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Navigator Global Investments is loss making, we can't compare its value to the AU Capital Markets industry average.
- Navigator Global Investments is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does
Navigator Global Investments's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -45.24x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts |
55.5%per year |
| Australia Capital Markets Industry PEG Ratio | Median Figure of 10 Publicly-Listed Capital Markets Companies | 2.01x |
| Australia Market PEG Ratio | Median Figure of 355 Publicly-Listed Companies | 1.35x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = -45.24x ÷ 55.5% |
-0.82x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Navigator Global Investments is loss making, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Navigator Global Investments's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-06-30) in USD | $1.33 |
| ASX:NGI Share Price * | ASX (2018-11-12) in AUD | A$5.03 |
| ASX:NGI Share Price converted to USD reporting currency | Exchange rate (AUD/ USD) 0.724 | $3.64 |
| Australia Capital Markets Industry PB Ratio | Median Figure of 36 Publicly-Listed Capital Markets Companies | 1.48x |
| Australia Market PB Ratio | Median Figure of 1,639 Publicly-Listed Companies | 1.81x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ASX:NGI Share Price ÷ Book Value per Share (both in USD) = 3.64 ÷ 1.33 |
2.75x |
* Primary Listing of Navigator Global Investments.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Navigator Global Investments is overvalued based on assets compared to the AU Capital Markets industry average.
Value checks
We assess Navigator Global Investments's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check) Navigator Global Investments has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
NGI Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Navigator Global Investments's earnings growth is expected to exceed the low risk savings rate of 2.8%.
Growth vs Market Checks
- Navigator Global Investments's earnings growth is expected to exceed the Australia market average.
- Navigator Global Investments's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| ASX:NGI Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts | 55.5% |
| ASX:NGI Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts | 10.9% |
| Australia Capital Markets Industry Earnings Growth Rate | Market Cap Weighted Average | 7.3% |
| Australia Capital Markets Industry Revenue Growth Rate | Market Cap Weighted Average | 2.7% |
| Australia Market Earnings Growth Rate | Market Cap Weighted Average | 6.9% |
| Australia Market Revenue Growth Rate | Market Cap Weighted Average | 3.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-06-30 | 123 | 59 | 45 | 3 |
| 2020-06-30 | 119 | 51 | 39 | 3 |
| 2019-06-30 | 118 | 36 | 33 | 3 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-06-30 | 83 | 33 | -13 |
| 2018-03-31 | 81 | 32 | -15 |
| 2017-12-31 | 79 | 30 | -18 |
| 2017-09-30 | 76 | 30 | 0 |
| 2017-06-30 | 73 | 30 | 18 |
| 2016-12-31 | 71 | 33 | 18 |
| 2016-09-30 | 71 | 31 | 16 |
| 2016-06-30 | 71 | 30 | 15 |
| 2015-12-31 | 70 | 26 | 14 |
| 2015-09-30 | 70 | 27 | 75 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
All data from Navigator Global Investments Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-06-30 | 0.23 | 0.26 | 0.20 | 2.00 |
| 2020-06-30 | 0.22 | 0.23 | 0.20 | 2.00 |
| 2019-06-30 | 0.19 | 0.20 | 0.19 | 2.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-06-30 | -0.08 |
| 2018-03-31 | -0.09 |
| 2017-12-31 | -0.11 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.11 |
| 2016-12-31 | 0.11 |
| 2016-09-30 | 0.10 |
| 2016-06-30 | 0.09 |
| 2015-12-31 | 0.09 |
| 2015-09-30 | 0.46 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Navigator Global Investments is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Future performance checks
We assess Navigator Global Investments's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Navigator Global Investments has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
NGI Past Performance
How has Navigator Global Investments performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Navigator Global Investments does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare Navigator Global Investments's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Navigator Global Investments's 1-year growth to the AU Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
All data from Navigator Global Investments Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-06-30 | 83.20 | -13.06 | 48.89 | |
| 2018-03-31 | 80.54 | -15.28 | 46.16 | |
| 2017-12-31 | 78.97 | -17.51 | 43.43 | |
| 2017-09-30 | 76.40 | 0.09 | 41.21 | |
| 2017-06-30 | 72.73 | 17.68 | 38.98 | |
| 2016-12-31 | 71.34 | 17.82 | 37.06 | |
| 2016-09-30 | 70.93 | 16.41 | 39.02 | |
| 2016-06-30 | 70.52 | 15.00 | 40.97 | |
| 2015-12-31 | 69.94 | 14.23 | 45.56 | |
| 2015-09-30 | 69.86 | 74.56 | 45.24 | |
| 2015-06-30 | 69.78 | 134.88 | 44.92 | |
| 2014-12-31 | 64.12 | 135.18 | 39.28 | |
| 2014-09-30 | 64.48 | 76.10 | 40.26 | |
| 2014-06-30 | 64.84 | 17.01 | 41.23 | |
| 2014-03-31 | 69.31 | 14.26 | 48.01 | |
| 2013-12-31 | 67.94 | 12.28 | 48.19 | |
| 2013-09-30 | 67.01 | 10.17 | 48.71 | |
| 2013-06-30 | 66.08 | 8.07 | 49.24 | |
| 2013-03-31 | 66.49 | 9.08 | 50.53 | |
| 2012-12-31 | 66.91 | 10.10 | 51.82 | |
| 2012-09-30 | 66.53 | 7.73 | 56.09 | |
| 2012-06-30 | 66.15 | 5.36 | 60.36 | |
| 2012-03-31 | 67.06 | 3.99 | 62.17 | |
| 2011-12-31 | 67.96 | 2.62 | 63.98 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Navigator Global Investments has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Navigator Global Investments has efficiently used its assets last year compared to the AU Capital Markets industry average (Return on Assets) as it is loss-making.
- Navigator Global Investments has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Navigator Global Investments's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Navigator Global Investments has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
NGI Health
How is Navigator Global Investments's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Navigator Global Investments's finances.
The net worth of a company is the difference between its assets and liabilities.
- Navigator Global Investments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Navigator Global Investments's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Navigator Global Investments has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Navigator Global Investments Company Filings, last reported 4 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-06-30 | 214.98 | 0.00 | 38.21 |
| 2018-03-31 | 214.98 | 0.00 | 38.21 |
| 2017-12-31 | 212.15 | 0.00 | 29.02 |
| 2017-09-30 | 212.15 | 0.00 | 29.02 |
| 2017-06-30 | 251.64 | 0.00 | 33.15 |
| 2016-12-31 | 252.00 | 0.00 | 23.36 |
| 2016-09-30 | 252.00 | 0.00 | 23.36 |
| 2016-06-30 | 254.42 | 0.00 | 27.01 |
| 2015-12-31 | 253.26 | 4.82 | 19.94 |
| 2015-09-30 | 253.26 | 4.82 | 19.94 |
| 2015-06-30 | 257.45 | 8.57 | 26.90 |
| 2014-12-31 | 253.45 | 14.45 | 21.78 |
| 2014-09-30 | 253.45 | 14.45 | 21.78 |
| 2014-06-30 | 143.34 | 41.57 | 65.90 |
| 2014-03-31 | 143.34 | 41.57 | 65.90 |
| 2013-12-31 | 136.10 | 43.44 | 46.03 |
| 2013-09-30 | 136.10 | 43.44 | 46.03 |
| 2013-06-30 | 131.92 | 45.16 | 48.43 |
| 2013-03-31 | 131.92 | 45.16 | 48.43 |
| 2012-12-31 | 132.70 | 46.70 | 42.67 |
| 2012-09-30 | 132.70 | 46.70 | 42.67 |
| 2012-06-30 | 131.75 | 48.10 | 42.00 |
| 2012-03-31 | 131.75 | 48.10 | 42.00 |
| 2011-12-31 | 129.38 | 49.38 | 44.24 |
- Navigator Global Investments has no debt.
- Navigator Global Investments has no debt compared to 5 years ago when it was 34.2%.
- Navigator Global Investments has no debt, it does not need to be covered by operating cash flow.
- Navigator Global Investments has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess Navigator Global Investments's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Navigator Global Investments has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
NGI Dividends
What is Navigator Global Investments's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
A$2,000 of
Navigator Global Investments
shares you are expected to receive
A$88
in your first year as a dividend.
Dividend Amount
- Navigator Global Investments's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.57%).
- Navigator Global Investments's dividend is below the markets top 25% of dividend payers in Australia (5.89%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
| Australia Capital Markets Industry Average Dividend Yield | Market Cap Weighted Average of 21 Stocks | 4% |
| Australia Market Average Dividend Yield | Market Cap Weighted Average of 420 Stocks | 4.4% |
| Australia Minimum Threshold Dividend Yield | 10th Percentile | 1.6% |
| Australia Bottom 25% Dividend Yield | 25th Percentile | 2.6% |
| Australia Top 25% Dividend Yield | 75th Percentile | 5.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-06-30 | 0.22 | 3.00 |
| 2020-06-30 | 0.23 | 3.00 |
| 2019-06-30 | 0.20 | 3.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-08-08 | 0.160 | 4.235 |
| 2018-02-14 | 0.150 | 4.648 |
| 2017-08-08 | 0.140 | 5.916 |
| 2017-02-15 | 0.130 | 7.615 |
| 2016-08-17 | 0.120 | 7.018 |
| 2015-08-19 | 0.110 | 6.062 |
| 2015-02-18 | 0.100 | 6.219 |
| 2014-08-18 | 0.100 | 7.740 |
| 2014-03-04 | 0.060 | 6.184 |
| 2014-02-12 | 0.060 | 6.031 |
| 2013-08-14 | 0.060 | 8.303 |
| 2013-02-14 | 0.060 | 7.233 |
| 2012-08-15 | 0.060 | 7.697 |
| 2012-02-15 | 0.040 | 5.257 |
| 2011-10-19 | 0.050 | 5.887 |
| 2010-02-23 | 0.000 | 0.000 |
| 2009-08-19 | 0.000 | 0.000 |
| 2009-02-26 | 0.000 | 0.000 |
| 2008-11-13 | 0.139 | 64.779 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have increased over the past 10 years.
Income/ dividend checks
We assess Navigator Global Investments's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Navigator Global Investments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Navigator Global Investments has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
NGI Management
CEO
| COMPENSATION | $1,127,033 |
CEO Bio
Mr. Sean Gerard McGould serves as Managing Director & Chief Executive Officer at HFA Holdings Limited (now Navigator Global Investments Limited). Mr. McGould co-founded Lighthouse Partners, LLC in 1999 and also serves as its Chief Executive Officer, President and Co-Chief Investment Officer since its inception. He is responsible for portfolio construction, investment research and overseeing the overall performance of its portfolios since August 1996, risk analysis, and research. He supports the Investment Team in the manager search, selection and review processes. He joined Asset Management Advisors as Chief Investment Officer in August 1996. Mr. McGould joined as Chief Investment Officer in August 1996 at Asset Management Advisors from where it was formally spun out in 1999. He serves as Investment Principal and Director of The Freedom Group LLC. Prior to that, Mr. McGould was the Director of the Outside Trader Investment Program at Trout Trading Management Company. At Trout Trading Management, he was responsible for the allocation of several hundred million dollars of the fund's assets to external alternative asset strategies including convertible bond arbitrage, fixed income arbitrage, risk arbitrage, market-neutral equity investing, currencies, options, and commodities. Mr. McGould spent four years at Price Waterhouse which involved two years auditing and two years in corporate finance. He has been an Executive Director of HFA Holdings Ltd. since January 3, 2008. Mr. McGould holds a C.P.A. designation. He holds a Bachelor of Science degree in Accounting, with high honors, from Butler University and has completed a number of graduate courses in Finance and Statistics at the University of Chicago.
CEO Compensation
- Sean's compensation has increased whilst company is loss making.
- Sean's remuneration is about average for companies of similar size in Australia.
Management Team
Sean McGould
MD, CEO & Executive Director
$1M
Amber Stoney
CFO & Company Secretary
$250K
2.4 yrs
Kelly Perkins
Co-Chief Investment Officer of Lighthouse Investment Partners LLC
$1M
Rob Swan
Chief Operating Officer of Lighthouse Investment Partners LLC
$1M
Scott Perkins
Executive Managing Director of Lighthouse Investment Partners LLC
$1M
C. Prickett
Managing Director of Relative Value
J. Fitzgibbon
Managing Director of Global Trading
E. Baron
Managing Director of Equity
Board of Directors Tenure
Average tenure of the Navigator Global Investments board of directors in years:
- The tenure for the Navigator Global Investments board of directors is about average.
Board of Directors
Michael Shepherd
Chairman
$164K
68
4.7 yrs
Sean McGould
MD, CEO & Executive Director
$1M
10.8 yrs
Andy Esteban
Independent Non-Executive Director
$88K
10.4 yrs
Andy Bluhm
Non Executive Director
6.1 yrs
Randy Yanker
Independent Non-Executive Director
$80K
57
4.1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Start | End | Shares | Max Price (A$) | Value (A$) |
|---|---|---|---|---|---|---|---|---|
| 22. Aug 18 | Sell | UBS Asset Management | Company | 23. Apr 18 | 20. Aug 18 | -2,625,909 | A$5.40 | A$-14,173,580.28 |
| 22. Aug 18 | Buy | UBS Asset Management | Company | 23. Apr 18 | 20. Aug 18 | 5,186,907 | A$5.42 | A$28,130,748.30 |
| 23. Aug 18 | Sell | UBS Asset Management | Company | 21. Aug 18 | 21. Aug 18 | -24,171 | A$5.88 | A$-142,196.99 |
| 23. Aug 18 | Buy | UBS Asset Management | Company | 21. Aug 18 | 21. Aug 18 | 32,355 | A$5.87 | A$190,081.96 |
| 20. Aug 18 | Sell | Perennial Value Management Limited | Company | 24. Jul 18 | 15. Aug 18 | -1,769,907 | A$6.13 | A$-10,584,139.16 |
| 20. Aug 18 | Buy | Perennial Value Management Limited | Company | 09. Aug 18 | 16. Aug 18 | 3,477,712 | A$5.55 | A$19,226,885.10 |
| 20. Aug 18 | Sell | I.O.O.F. Investment Management Limited | Company | 15. Jun 18 | 15. Jun 18 | -18,607 | A$3.20 | A$-59,542.38 |
| 16. Aug 18 | Sell | Delaware Street Capital, L.L.C. | Company | 16. Aug 18 | 16. Aug 18 | -13,000,000 | A$5.50 | A$-71,499,982.88 |
| 26. Jul 18 | Sell | Perennial Value Management Limited | Company | 23. Jul 18 | 23. Jul 18 | -545,547 | A$5.83 | A$-3,178,083.80 |
| 23. Jul 18 | Sell | Vinva Investment Management | Company | 19. Mar 18 | 19. Jul 18 | -146,783 | A$4.37 | A$-641,879.87 |
| 23. Jul 18 | Buy | Vinva Investment Management | Company | 19. Mar 18 | 19. Jul 18 | 5,100,667 | A$4.98 | A$25,398,770.66 |
| 24. Jul 18 | Sell | Perennial Value Management Limited | Company | 12. Jul 18 | 20. Jul 18 | -1,779,217 | A$5.72 | A$-9,857,441.62 |
| 13. Jul 18 | Sell | Perennial Value Management Limited | Company | 27. Jun 18 | 11. Jul 18 | -1,752,657 | A$5.58 | A$-9,548,920.92 |
| 28. Jun 18 | Sell | Perennial Value Management Limited | Company | 20. Jun 18 | 26. Jun 18 | -2,873,449 | A$5.18 | A$-14,751,664.65 |
| 21. Jun 18 | Buy | I.O.O.F. Investment Management Limited | Company | 12. Jun 18 | 13. Jun 18 | 12,500 | A$4.54 | A$56,809.90 |
| 19. Mar 18 | Sell | Perennial Value Management Limited | Company | 20. Feb 18 | 09. Mar 18 | -74,187 | A$3.74 | A$-258,770.07 |
| 19. Mar 18 | Buy | Perennial Value Management Limited | Company | 27. Feb 18 | 15. Mar 18 | 4,007,780 | A$3.56 | A$14,218,427.96 |
| 19. Feb 18 | Buy | Perennial Value Management Limited | Company | 06. Feb 18 | 15. Feb 18 | 2,052,270 | A$3.73 | A$7,135,918.00 |
| 19. Feb 18 | Buy | I.O.O.F. Investment Management Limited | Company | 13. Feb 18 | 13. Feb 18 | 5,099 | A$3.65 | A$18,611.35 |
| 05. Feb 18 | Sell | Perennial Value Management Limited | Company | 17. Jan 18 | 30. Jan 18 | -1,025,205 | A$3.67 | A$-3,765,886.13 |
| 05. Feb 18 | Buy | Perennial Value Management Limited | Company | 07. Dec 17 | 01. Feb 18 | 3,131,580 | A$3.59 | A$11,243,806.65 |
Management checks
We assess Navigator Global Investments's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Navigator Global Investments has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
NGI News
External News
Simply Wall St News
Spotlight On Navigator Global Investments Limited's (ASX:NGI) Fundamentals
Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Navigator Global Investments Limited (ASX:NGI) due to its excellent fundamentals in more than one area. … a excellent
Simply Wall St - – Full articleWho Just Ramped Up Their Shares In Navigator Global Investments Limited (ASX:NGI)?
Navigator Global Investments's insiders have invested more than 4 million shares in the small-cap stocks within the past three months. … See our latest analysis for Navigator Global Investments Which Insiders Are Buying? … Next Steps: Navigator Global Investments’s net buying tells us the stock is in favour with some insiders, which is relatively consistent with expected earnings growth, though share price volatility was perhaps inconsequential to cash in on any mispricing.
Simply Wall St - – Full articleBefore You Buy Navigator Global Investments Limited's (ASX:NGI), Consider This
Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … Check out our latest analysis for Navigator Global Investments An interpretation of NGI's beta With a five-year beta of 0.11, Navigator Global Investments appears to be a less volatile company compared to the rest of the market. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.
Simply Wall St - – Full articleIs Navigator Global Investments Limited (ASX:NGI) A Strong Dividend Stock?
Navigator Global Investments Limited (ASX:NGI) has returned to shareholders over the past 10 years, an average dividend yield of 7.00% annually. … See our latest analysis for Navigator Global Investments Here's how I find good dividend stocks If you are a dividend investor, you should always assess these five key metrics: Is it the top 25% annual dividend yield payer? … Compared to its peers, Navigator Global Investments produces a yield of 4.97%, which is high for Capital Markets stocks but still below the market's top dividend payers.Next Steps: After digging a little deeper into Navigator Global Investments's yield, it's easy to see why you should be cautious investing in the company just for the dividend.
Simply Wall St - – Full articleWho Are The Top Investors In Navigator Global Investments Limited (ASX:NGI)?
See our latest analysis for Navigator Global Investments ASX:NGI Ownership_summary Mar 30th 18 Institutional Ownership NGI's 27.58% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.
Simply Wall St - – Full articleShould You Buy Navigator Global Investments Limited (ASX:NGI) Now?
Navigator Global Investments Limited (ASX:NGI), a capital markets company based in Australia, saw a double-digit share price rise of over 10% in the past couple of months on the ASX. … And if you believe that Navigator Global Investments should be trading at this level in the long run, there’s only an insignificant downside when the price falls to its real value. … Furthermore, it seems like Navigator Global Investments’s share price is quite stable, which means there may be less chances to buy low in the future now that it’s fairly valued.
Simply Wall St - – Full articleHow Confident Are Insiders About Navigator Global Investments Limited (ASX:NGI)?
Navigator Global Investments is one of Australia’s small-cap stocks that saw some insider buying over the past three months, with insiders investing in more than 3 million shares during this period. … Check out our latest analysis for Navigator Global Investments Who Are The Insiders? … Next Steps: Navigator Global Investments’s net buying tells us the stock is in favour with some insiders, which is fairly consistent with earnings growth expectations, and a fairly high volatility in share price over the same time period.
Simply Wall St - – Full articleHow Does Navigator Global Investments Limited (ASX:NGI) Fare As A Dividend Stock?
Over the past 10 years, Navigator Global Investments Limited (ASX:NGI) has returned an average of 7.00% per year to shareholders in terms of dividend yield. … See our latest analysis for Navigator Global Investments How I analyze a dividend stock If you are a dividend investor, you should always assess these five key metrics: Is its annual yield among the top 25% of dividend-paying companies? … ASX:NGI Historical Dividend Yield Jan 23rd 18 How well does Navigator Global Investments fit our criteria?
Simply Wall St - – Full articleWhat Kind Of Risk And Return Should You Expect For Navigator Global Investments Limited (ASX:NGI)?
Based on this beta value, NGI appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … NGI, with its market capitalisation of A$539.95M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … I test NGI’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.
Simply Wall St - – Full articleShould You Be Tempted To Sell Navigator Global Investments Limited (ASX:NGI) Because Of Its PE Ratio?
Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for NGI Price per share = $2.59 Earnings per share = $0.109 ∴ Price-Earnings Ratio = $2.59 ÷ $0.109 = 23.8x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … NGI’s P/E of 23.8x is higher than its industry peers (22.2x), which implies that each dollar of NGI’s earnings is being overvalued by investors. … For example, if you accidentally compared lower growth firms with NGI, then NGI’s P/E would naturally be higher since investors would reward NGI’s higher growth with a higher price.
Simply Wall St - – Full articleNGI Company Info
Map
Description
HFA Holdings Limited operates as a fund management company in Australia. The company, through its subsidiaries, offers open-ended products and structured products to retail, wholesale, and institutional investors. HFA Holdings is based in Sydney, Australia.
Details
| Name: | Navigator Global Investments Limited |
| NGI | |
| Exchange: | ASX |
| Founded: | |
| A$830,197,232 | |
| 162,147,897 | |
| Website: | http://www.navigatorglobal.com.au |
| Address: |
Navigator Global Investments Limited 39 Sherwood Road, Level 9, Toowong, Queensland, 4066, Australia |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ASX | NGI | Ordinary Shares | Australian Securities Exchange | AU | AUD | 28. Apr 2006 | |
| OTCPK | HFAH.F | Ordinary Shares | Pink Sheets LLC | US | USD | 28. Apr 2006 | |
| CHIA | NGI | Ordinary Shares | Chi-X Australia | AU | AUD | 28. Apr 2006 | |
| ASX | NGI | NPV | Australian Securities Exchange | AU | AUD | 12. Nov 2018 | |
| CHIA | NGI | NPV | Chi-X Australia | AU | AUD | 12. Nov 2018 |
Number of employees
Current staff
Industry
| Asset Management and Custody Banks | |
| Diversified Financials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2018/11/12 06:34 |
| End of day share price update: | 2018/11/12 00:00 |
| Last estimates confirmation: | 2018/10/16 |
| Last earnings filing: | 2018/08/08 |
| Last earnings reported: | 2018/06/30 |
| Last annual earnings reported: | 2018/06/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
