Navigator Global Investments Limited

CHIA:NGI Stock Report

Market Cap: AU$813.5m

Navigator Global Investments Valuation

Is NGI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NGI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NGI (A$1.65) is trading below our estimate of fair value (A$3.16)

Significantly Below Fair Value: NGI is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NGI?

Key metric: As NGI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NGI. This is calculated by dividing NGI's market cap by their current earnings.
What is NGI's PE Ratio?
PE Ratio8x
EarningsUS$66.31m
Market CapUS$528.23m

Price to Earnings Ratio vs Peers

How does NGI's PE Ratio compare to its peers?

The above table shows the PE ratio for NGI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.5x
DJW Djerriwarrh Investments
21.3xn/aAU$830.7m
QAL Qualitas
29.9x22.4%AU$781.7m
CIN Carlton Investments
20.9xn/aAU$810.3m
PL8 Plato Income Maximiser
13.9xn/aAU$917.1m
NGI Navigator Global Investments
8x5.8%AU$813.5m

Price-To-Earnings vs Peers: NGI is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (21.5x).

Price to Earnings Ratio vs Industry

How does NGI's PE Ratio compare vs other companies in the AU Capital Markets Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KBC Keybridge Capital
1.4xn/aUS$6.46m
OEQ Orion Equities
0.6xn/aUS$1.22m
QUE Queste Communications
0.8xn/aUS$866.40k
PEQA Pritchard Equity
2.7xn/aUS$861.02k
No more companies available in this PE range
NGI 8.0xIndustry Avg. 20.0xNo. of Companies8PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NGI is good value based on its Price-To-Earnings Ratio (8x) compared to the Australian Capital Markets industry average (20x).

Price to Earnings Ratio vs Fair Ratio

What is NGI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NGI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8x
Fair PE Ratio15.6x

Price-To-Earnings vs Fair Ratio: NGI is good value based on its Price-To-Earnings Ratio (8x) compared to the estimated Fair Price-To-Earnings Ratio (15.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NGI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$1.65
AU$2.32
+40.8%
14.7%AU$2.80AU$2.02n/a3
Nov ’25AU$1.68
AU$2.32
+38.3%
14.7%AU$2.80AU$2.02n/a3
Oct ’25AU$1.69
AU$2.32
+37.5%
14.7%AU$2.80AU$2.02n/a3
Sep ’25AU$1.81
AU$2.32
+28.5%
14.7%AU$2.80AU$2.02n/a3
Aug ’25AU$1.85
AU$2.31
+25.0%
5.9%AU$2.50AU$2.20n/a3
Jul ’25AU$1.98
AU$2.31
+16.8%
5.9%AU$2.50AU$2.20n/a3
Jun ’25AU$1.85
AU$1.97
+6.6%
20.2%AU$2.50AU$1.55n/a3
May ’25AU$1.80
AU$1.97
+9.3%
20.2%AU$2.50AU$1.55n/a3
Apr ’25AU$1.65
AU$1.97
+19.6%
20.2%AU$2.50AU$1.55n/a3
Mar ’25AU$1.46
AU$1.97
+34.7%
20.2%AU$2.50AU$1.55n/a3
Feb ’25AU$1.37
AU$2.01
+46.5%
18.3%AU$2.50AU$1.62n/a3
Jan ’25AU$1.26
AU$2.01
+59.9%
18.3%AU$2.50AU$1.62n/a3
Dec ’24AU$1.21
AU$2.01
+65.8%
18.3%AU$2.50AU$1.62n/a3
Nov ’24AU$1.17
AU$2.01
+71.5%
18.3%AU$2.50AU$1.62AU$1.683
Oct ’24AU$1.35
AU$2.02
+50.4%
17.9%AU$2.50AU$1.62AU$1.693
Sep ’24AU$1.43
AU$2.02
+41.5%
17.9%AU$2.50AU$1.62AU$1.813
Aug ’24AU$1.47
AU$1.89
+29.0%
17.9%AU$2.30AU$1.47AU$1.853
Jul ’24AU$1.33
AU$1.82
+37.1%
14.4%AU$2.10AU$1.47AU$1.983
Jun ’24AU$1.05
AU$1.82
+74.5%
14.4%AU$2.10AU$1.47AU$1.853
May ’24AU$1.04
AU$1.82
+75.3%
14.4%AU$2.10AU$1.47AU$1.803
Apr ’24AU$1.03
AU$1.87
+82.8%
16.2%AU$2.20AU$1.47AU$1.653
Mar ’24AU$1.09
AU$1.87
+72.7%
16.2%AU$2.20AU$1.47AU$1.463
Feb ’24AU$1.27
AU$2.13
+68.4%
4.3%AU$2.20AU$2.00AU$1.373
Jan ’24AU$1.17
AU$2.13
+82.8%
4.3%AU$2.20AU$2.00AU$1.263
Dec ’23AU$1.18
AU$2.13
+81.3%
4.3%AU$2.20AU$2.00AU$1.213
Nov ’23AU$1.16
AU$2.13
+83.6%
4.3%AU$2.20AU$2.00AU$1.173

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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