View ValuationNovabase S.G.P.S 将来の成長Future 基準チェック /06現在、 Novabase S.G.P.Sの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率IT 収益成長14.2%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesNew Risk • May 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 151% Cash payout ratio: 243% Minor Risk Large one-off items impacting financial results.Reported Earnings • May 05Full year 2025 earnings released: EPS: €0.27 (vs €0.17 in FY 2024)Full year 2025 results: EPS: €0.27 (up from €0.17 in FY 2024). Revenue: €124.5m (down 7.2% from FY 2024). Net income: €9.72m (up 81% from FY 2024). Profit margin: 7.8% (up from 4.0% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.New Risk • Apr 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.0% per year over the past 5 years. High level of non-cash earnings (34% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Jan 20Novabase S.G.P.S., S.A. to Report Fiscal Year 2025 Results on Feb 25, 2026Novabase S.G.P.S., S.A. announced that they will report fiscal year 2025 results After-Market on Feb 25, 2026Buy Or Sell Opportunity • Dec 03Now 20% undervaluedOver the last 90 days, the stock has risen 11% to €8.65. The fair value is estimated to be €10.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.5%.Buy Or Sell Opportunity • Nov 18Now 21% undervaluedOver the last 90 days, the stock has risen 8.9% to €8.60. The fair value is estimated to be €10.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.5%.Buy Or Sell Opportunity • Oct 23Now 21% undervaluedOver the last 90 days, the stock has risen 8.8% to €8.65. The fair value is estimated to be €10.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.5%.Reported Earnings • Aug 06First half 2025 earnings released: EPS: €0.12 (vs €0.084 in 1H 2024)First half 2025 results: EPS: €0.12 (up from €0.084 in 1H 2024). Revenue: €62.2m (down 5.7% from 1H 2024). Net income: €4.31m (up 88% from 1H 2024). Profit margin: 6.9% (up from 3.5% in 1H 2024). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €8.50, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 26x in the IT industry in the United Kingdom. Total returns to shareholders of 139% over the past three years.Buy Or Sell Opportunity • Jun 05Now 20% undervaluedOver the last 90 days, the stock has risen 17% to €8.55. The fair value is estimated to be €10.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 35%.Declared Dividend • May 29Dividend reduced to €1.35Dividend of €1.35 is 25% lower than last year. Ex-date: 5th June 2025 Payment date: 23rd June 2025 Dividend yield will be 14%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 7x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 44% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 774% to bring the payout ratio under control. However, EPS has declined by 6.7% over the last 5 years so the company would need to reverse this trend.お知らせ • May 28Novabase S.G.P.S., S.A. announces Annual dividend, payable on June 23, 2025Novabase S.G.P.S., S.A. announced Annual dividend of EUR 1.3500 per share payable on June 23, 2025, ex-date on June 05, 2025 and record date on June 06, 2025.Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.70, the stock trades at a trailing P/E ratio of 57.9x. Average trailing P/E is 21x in the IT industry in the United Kingdom. Total returns to shareholders of 137% over the past three years.Buy Or Sell Opportunity • Feb 22Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to €7.20. The fair value is estimated to be €5.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €7.25, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 24x in the IT industry in the United Kingdom. Total returns to shareholders of 55% over the past year.お知らせ • Feb 20Novabase S.G.P.S., S.A. to Report First Half, 2025 Results on Jul 31, 2025Novabase S.G.P.S., S.A. announced that they will report first half, 2025 results on Jul 31, 2025New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 14x earnings per share. Dividend per share is over 6x cash flows per share. Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding).お知らせ • Jan 07Novabase S.G.P.S., S.A. to Report Fiscal Year 2024 Results on Feb 20, 2025Novabase S.G.P.S., S.A. announced that they will report fiscal year 2024 results After-Market on Feb 20, 2025Reported Earnings • Oct 01First half 2024 earnings released: EPS: €0.084 (vs €0.07 in 1H 2023)First half 2024 results: EPS: €0.084 (up from €0.07 in 1H 2023). Revenue: €65.9m (up 1.2% from 1H 2023). Net income: €2.30m (up 19% from 1H 2023). Profit margin: 3.5% (up from 3.0% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Aug 05First half 2024 earnings released: EPS: €0.081 (vs €0.16 in 1H 2023)First half 2024 results: EPS: €0.081 (down from €0.16 in 1H 2023). Revenue: €66.7m (down 25% from 1H 2023). Net income: €2.30m (down 47% from 1H 2023). Profit margin: 3.4% (down from 4.9% in 1H 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has remained flat, which means it is well ahead of earnings.New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 4.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 15x earnings per share. Cash payout ratio: 367% Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Shareholders have been diluted in the past year (44% increase in shares outstanding).New Risk • Jun 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 15x earnings per share. Cash payout ratio: 271% Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (4.3% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €6.25, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 29x in the IT industry in the United Kingdom. Total returns to shareholders of 95% over the past three years.Buy Or Sell Opportunity • Feb 18Now 35% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to €6.02. The fair value is estimated to be €4.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Reported Earnings • Feb 16Full year 2023 earnings releasedFull year 2023 results: Revenue: €133.0m (down 19% from FY 2022). Net income: €3.03m (down 55% from FY 2022). Profit margin: 2.3% (down from 4.1% in FY 2022). The decrease in margin was driven by lower revenue.お知らせ • Jan 27+ 1 more updateNovabase S.G.P.S., S.A., Annual General Meeting, May 22, 2024Novabase S.G.P.S., S.A., Annual General Meeting, May 22, 2024, at 14:00 Coordinated Universal Time.Board Change • Nov 14No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. CFO & Director Francisco Paulo Figueiredo Antunes was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.Reported Earnings • Sep 25First half 2023 earnings released: EPS: €0.16 (vs €0.15 in 1H 2022)First half 2023 results: EPS: €0.16 (up from €0.15 in 1H 2022). Revenue: €88.9m (up 17% from 1H 2022). Net income: €4.32m (up 8.5% from 1H 2022). Profit margin: 4.9% (down from 5.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom.Board Change • Aug 23No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. CFO & Director Francisco Paulo Figueiredo Antunes was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.New Risk • Aug 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Dividend is not well covered by cash flows (350% cash payout ratio). Shareholders have been diluted in the past year (3.3% increase in shares outstanding).Reported Earnings • Jul 31First half 2023 earnings released: EPS: €0.16 (vs €0.14 in 1H 2022)First half 2023 results: EPS: €0.16 (up from €0.14 in 1H 2022). Revenue: €89.0m (up 17% from 1H 2022). Net income: €4.32m (up 8.5% from 1H 2022). Profit margin: 4.9% (down from 5.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Board Change • Jul 31No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. CFO & Director Francisco Paulo Figueiredo Antunes was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.Board Change • May 18No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. CFO & Director Francisco Paulo Figueiredo Antunes was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.Buying Opportunity • Mar 28Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €5.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 13% in 2 years. Earnings is forecast to grow by 48% in the next 2 years.Reported Earnings • Feb 19Full year 2022 earnings releasedFull year 2022 results: Revenue: €163.9m (up 18% from FY 2021). Net income: €6.78m (down 11% from FY 2021). Profit margin: 4.1% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 16% growth forecast for the IT industry in the United Kingdom.お知らせ • Feb 08Novabase S.G.P.S., S.A. to Report Fiscal Year 2022 Results on Feb 16, 2023Novabase S.G.P.S., S.A. announced that they will report fiscal year 2022 results After-Market on Feb 16, 2023Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Oct 03No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 17First half 2022 earnings released: EPS: €0.13 (vs €0.10 in 1H 2021)First half 2022 results: EPS: €0.13 (up from €0.10 in 1H 2021). Revenue: €76.1m (up 13% from 1H 2021). Net income: €3.98m (up 23% from 1H 2021). Profit margin: 5.2% (up from 4.8% in 1H 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Board Change • Sep 13No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jun 15No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • May 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 28No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Novabase S.G.P.S は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測LSE:0MTZ - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20251241068N/A9/30/2025127913N/A6/30/20251307-3-1N/A3/31/20251326-3-1N/A12/31/20241345-30N/A9/30/2024134436N/A6/30/202413331012N/A3/31/202413331315N/A12/31/202313331718N/A9/30/20231212N/AN/AN/A6/30/2023109178N/A3/31/2023115245N/A12/31/2022120312N/A9/30/20221346N/AN/AN/A6/30/2022147867N/A3/31/2022143878N/A12/31/2021139888N/A9/30/2021134667N/A6/30/2021129555N/A3/31/2021127456N/A12/31/2020125356N/A9/30/2020123579N/A6/30/20201216911N/A3/31/20201186810N/A12/31/20191146710N/A6/30/2019971N/A14N/A3/31/20191041N/A14N/A12/31/20181101N/A14N/A9/30/20181434N/A13N/A6/30/20181362N/A11N/A3/31/20181382N/A9N/A12/31/20171402N/A8N/A9/30/20171420N/AN/AN/A6/30/2017144-2N/A17N/A3/31/2017125-4N/A17N/A12/31/2016136-3N/A24N/A9/30/201658-2N/AN/AN/A6/30/2016780N/A16N/A3/31/20162257N/A15N/A12/31/20151274N/A18N/A9/30/20152315N/A16N/A6/30/20152285N/A14N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 0MTZの予測収益成長が 貯蓄率 ( 3.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 0MTZの収益がUK市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 0MTZの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 0MTZの収益がUK市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 0MTZの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 0MTZの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 09:30終値2026/05/20 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Novabase S.G.P.S., S.A. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Pedro Jorge OliveiraCaixa Banco BPIJosé FreitasCaixa-Banco de Investimento SA (ESN)Joaquin Garcia-QuirosJB Capital Markets
New Risk • May 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 151% Cash payout ratio: 243% Minor Risk Large one-off items impacting financial results.
Reported Earnings • May 05Full year 2025 earnings released: EPS: €0.27 (vs €0.17 in FY 2024)Full year 2025 results: EPS: €0.27 (up from €0.17 in FY 2024). Revenue: €124.5m (down 7.2% from FY 2024). Net income: €9.72m (up 81% from FY 2024). Profit margin: 7.8% (up from 4.0% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.0% per year over the past 5 years. High level of non-cash earnings (34% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Jan 20Novabase S.G.P.S., S.A. to Report Fiscal Year 2025 Results on Feb 25, 2026Novabase S.G.P.S., S.A. announced that they will report fiscal year 2025 results After-Market on Feb 25, 2026
Buy Or Sell Opportunity • Dec 03Now 20% undervaluedOver the last 90 days, the stock has risen 11% to €8.65. The fair value is estimated to be €10.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.5%.
Buy Or Sell Opportunity • Nov 18Now 21% undervaluedOver the last 90 days, the stock has risen 8.9% to €8.60. The fair value is estimated to be €10.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.5%.
Buy Or Sell Opportunity • Oct 23Now 21% undervaluedOver the last 90 days, the stock has risen 8.8% to €8.65. The fair value is estimated to be €10.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.5%.
Reported Earnings • Aug 06First half 2025 earnings released: EPS: €0.12 (vs €0.084 in 1H 2024)First half 2025 results: EPS: €0.12 (up from €0.084 in 1H 2024). Revenue: €62.2m (down 5.7% from 1H 2024). Net income: €4.31m (up 88% from 1H 2024). Profit margin: 6.9% (up from 3.5% in 1H 2024). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €8.50, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 26x in the IT industry in the United Kingdom. Total returns to shareholders of 139% over the past three years.
Buy Or Sell Opportunity • Jun 05Now 20% undervaluedOver the last 90 days, the stock has risen 17% to €8.55. The fair value is estimated to be €10.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 35%.
Declared Dividend • May 29Dividend reduced to €1.35Dividend of €1.35 is 25% lower than last year. Ex-date: 5th June 2025 Payment date: 23rd June 2025 Dividend yield will be 14%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 7x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 44% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 774% to bring the payout ratio under control. However, EPS has declined by 6.7% over the last 5 years so the company would need to reverse this trend.
お知らせ • May 28Novabase S.G.P.S., S.A. announces Annual dividend, payable on June 23, 2025Novabase S.G.P.S., S.A. announced Annual dividend of EUR 1.3500 per share payable on June 23, 2025, ex-date on June 05, 2025 and record date on June 06, 2025.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.70, the stock trades at a trailing P/E ratio of 57.9x. Average trailing P/E is 21x in the IT industry in the United Kingdom. Total returns to shareholders of 137% over the past three years.
Buy Or Sell Opportunity • Feb 22Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to €7.20. The fair value is estimated to be €5.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €7.25, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 24x in the IT industry in the United Kingdom. Total returns to shareholders of 55% over the past year.
お知らせ • Feb 20Novabase S.G.P.S., S.A. to Report First Half, 2025 Results on Jul 31, 2025Novabase S.G.P.S., S.A. announced that they will report first half, 2025 results on Jul 31, 2025
New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 14x earnings per share. Dividend per share is over 6x cash flows per share. Earnings have declined by 9.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding).
お知らせ • Jan 07Novabase S.G.P.S., S.A. to Report Fiscal Year 2024 Results on Feb 20, 2025Novabase S.G.P.S., S.A. announced that they will report fiscal year 2024 results After-Market on Feb 20, 2025
Reported Earnings • Oct 01First half 2024 earnings released: EPS: €0.084 (vs €0.07 in 1H 2023)First half 2024 results: EPS: €0.084 (up from €0.07 in 1H 2023). Revenue: €65.9m (up 1.2% from 1H 2023). Net income: €2.30m (up 19% from 1H 2023). Profit margin: 3.5% (up from 3.0% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 05First half 2024 earnings released: EPS: €0.081 (vs €0.16 in 1H 2023)First half 2024 results: EPS: €0.081 (down from €0.16 in 1H 2023). Revenue: €66.7m (down 25% from 1H 2023). Net income: €2.30m (down 47% from 1H 2023). Profit margin: 3.4% (down from 4.9% in 1H 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 4.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 15x earnings per share. Cash payout ratio: 367% Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Shareholders have been diluted in the past year (44% increase in shares outstanding).
New Risk • Jun 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 15x earnings per share. Cash payout ratio: 271% Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (4.3% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €6.25, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 29x in the IT industry in the United Kingdom. Total returns to shareholders of 95% over the past three years.
Buy Or Sell Opportunity • Feb 18Now 35% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to €6.02. The fair value is estimated to be €4.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Reported Earnings • Feb 16Full year 2023 earnings releasedFull year 2023 results: Revenue: €133.0m (down 19% from FY 2022). Net income: €3.03m (down 55% from FY 2022). Profit margin: 2.3% (down from 4.1% in FY 2022). The decrease in margin was driven by lower revenue.
お知らせ • Jan 27+ 1 more updateNovabase S.G.P.S., S.A., Annual General Meeting, May 22, 2024Novabase S.G.P.S., S.A., Annual General Meeting, May 22, 2024, at 14:00 Coordinated Universal Time.
Board Change • Nov 14No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. CFO & Director Francisco Paulo Figueiredo Antunes was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.
Reported Earnings • Sep 25First half 2023 earnings released: EPS: €0.16 (vs €0.15 in 1H 2022)First half 2023 results: EPS: €0.16 (up from €0.15 in 1H 2022). Revenue: €88.9m (up 17% from 1H 2022). Net income: €4.32m (up 8.5% from 1H 2022). Profit margin: 4.9% (down from 5.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom.
Board Change • Aug 23No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. CFO & Director Francisco Paulo Figueiredo Antunes was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.
New Risk • Aug 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Dividend is not well covered by cash flows (350% cash payout ratio). Shareholders have been diluted in the past year (3.3% increase in shares outstanding).
Reported Earnings • Jul 31First half 2023 earnings released: EPS: €0.16 (vs €0.14 in 1H 2022)First half 2023 results: EPS: €0.16 (up from €0.14 in 1H 2022). Revenue: €89.0m (up 17% from 1H 2022). Net income: €4.32m (up 8.5% from 1H 2022). Profit margin: 4.9% (down from 5.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Board Change • Jul 31No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. CFO & Director Francisco Paulo Figueiredo Antunes was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.
Board Change • May 18No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. CFO & Director Francisco Paulo Figueiredo Antunes was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.
Buying Opportunity • Mar 28Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €5.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 13% in 2 years. Earnings is forecast to grow by 48% in the next 2 years.
Reported Earnings • Feb 19Full year 2022 earnings releasedFull year 2022 results: Revenue: €163.9m (up 18% from FY 2021). Net income: €6.78m (down 11% from FY 2021). Profit margin: 4.1% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 16% growth forecast for the IT industry in the United Kingdom.
お知らせ • Feb 08Novabase S.G.P.S., S.A. to Report Fiscal Year 2022 Results on Feb 16, 2023Novabase S.G.P.S., S.A. announced that they will report fiscal year 2022 results After-Market on Feb 16, 2023
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Oct 03No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 17First half 2022 earnings released: EPS: €0.13 (vs €0.10 in 1H 2021)First half 2022 results: EPS: €0.13 (up from €0.10 in 1H 2021). Revenue: €76.1m (up 13% from 1H 2021). Net income: €3.98m (up 23% from 1H 2021). Profit margin: 5.2% (up from 4.8% in 1H 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Board Change • Sep 13No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jun 15No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • May 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 28No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Rita Wrem Viana Branquinho Lobo Rosado was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.