View ValuationNCAB Group 향후 성장Future 기준 점검 5/6NCAB Group (는) 각각 연간 23.8% 및 10.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 23.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 24.9% 로 예상됩니다.핵심 정보23.8%이익 성장률23.71%EPS 성장률Electronic 이익 성장18.1%매출 성장률10.4%향후 자기자본이익률24.93%애널리스트 커버리지Low마지막 업데이트06 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesUpcoming Dividend • May 01Upcoming dividend of kr1.10 per shareEligible shareholders must have bought the stock before 08 May 2026. Payment date: 15 May 2026. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (0.8%).Buy Or Sell Opportunity • Apr 16Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to kr68.30. The fair value is estimated to be kr55.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has declined by 32%. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.Reported Earnings • Apr 12Full year 2025 earnings released: EPS: kr1.10 (vs kr1.36 in FY 2024)Full year 2025 results: EPS: kr1.10 (down from kr1.36 in FY 2024). Revenue: kr3.76b (up 4.1% from FY 2024). Net income: kr206.0m (down 19% from FY 2024). Profit margin: 5.5% (down from 7.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to kr54.05, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Electronic industry in the United Kingdom. Total loss to shareholders of 8.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr55.77 per share.New Risk • Mar 01New 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: Minor Risks High level of debt (53% net debt to equity). Share price has been volatile over the past 3 months (7.2% average weekly change).공지 • Feb 16NCAB Group AB (publ) Proposes a Dividend to Be Paid in MayThe Board of Directors of NCAB Group AB (publ) proposed a dividend of SEK 1.10 (0.00) per share to be paid in May.New Risk • Feb 15New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 100% Dividend yield: 2.5% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (53% net debt to equity). Dividend is not well covered by earnings (100% payout ratio).Reported Earnings • Feb 15Full year 2025 earnings released: EPS: kr1.10 (vs kr1.36 in FY 2024)Full year 2025 results: EPS: kr1.10 (down from kr1.36 in FY 2024). Revenue: kr3.74b (up 3.6% from FY 2024). Net income: kr206.0m (down 19% from FY 2024). Profit margin: 5.5% (down from 7.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 11Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr40.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr55.41 per share.Buy Or Sell Opportunity • Jan 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to kr46.00. The fair value is estimated to be kr57.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 88% in the next 2 years.Reported Earnings • Oct 26Third quarter 2025 earnings released: EPS: kr0.33 (vs kr0.27 in 3Q 2024)Third quarter 2025 results: EPS: kr0.33 (up from kr0.27 in 3Q 2024). Revenue: kr949.3m (up 5.7% from 3Q 2024). Net income: kr60.9m (up 21% from 3Q 2024). Profit margin: 6.4% (up from 5.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공지 • Oct 24NCAB Group AB (publ) to Report Fiscal Year 2025 Final Results on Apr 10, 2026NCAB Group AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Apr 10, 2026공지 • Oct 15NCAB Group AB (publ), Annual General Meeting, May 07, 2026NCAB Group AB (publ), Annual General Meeting, May 07, 2026.공지 • Oct 08+ 3 more updatesNCAB Group AB (publ) to Report Q2, 2026 Results on Jul 22, 2026NCAB Group AB (publ) announced that they will report Q2, 2026 results on Jul 22, 2026Reported Earnings • Jul 22Second quarter 2025 earnings released: EPS: kr0.22 (vs kr0.39 in 2Q 2024)Second quarter 2025 results: EPS: kr0.22 (down from kr0.39 in 2Q 2024). Revenue: kr936.5m (flat on 2Q 2024). Net income: kr40.3m (down 45% from 2Q 2024). Profit margin: 4.3% (down from 7.8% in 2Q 2024). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr51.49, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at kr63.12 per share.공지 • Jun 04NCAB Group AB (publ) (OM:NCAB) completed the acquisition of B & B Leiterplattenservice Gmbh.NCAB Group AB (publ) (OM:NCAB) signed an agreement to acquire B & B Leiterplattenservice Gmbh for approximately SEK 160 million on April 23, 2025. The purchase price amounts to SEK 135 million with a possible further earnout of a maximum of SEK 28 million. For the period ending December 31, 2024, B & B Leiterplattenservice Gmbh reported total revenue of SEK 150 million. The deal is expected to close in the beginning of May and the sellers will stay during a transition period securing a smooth integration. NCAB Group AB (publ) (OM:NCAB) completed the acquisition of B & B Leiterplattenservice Gmbh on June 3, 2025.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr46.01, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr63.89 per share.공지 • May 08NCAB Group AB (publ) Announces Board AppointmentsNCAB Group AB (publ) at the AGM held on May 8, 2025, the shareholders approved election of Marlene Forsell and Helen Blomqvist as new directors of the board.Recent Insider Transactions • Apr 28Chief Financial Officer recently bought kr375k worth of stockOn the 25th of April, Timothy Benjamin bought around 10k shares on-market at roughly kr37.50 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Timothy's only on-market trade for the last 12 months.New Risk • Apr 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.0% Last year net profit margin: 9.5% 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: Minor Risks High level of debt (49% net debt to equity). Dividend is not well covered by earnings (95% payout ratio). Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (6.0% net profit margin).Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr38.63, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Electronic industry in the United Kingdom. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr63.45 per share.공지 • Apr 24NCAB Group AB (publ) (OM:NCAB) signed an agreement to acquire B & B Leiterplattenservice Gmbh for approximately SEK 160 million.NCAB Group AB (publ) (OM:NCAB) signed an agreement to acquire B & B Leiterplattenservice Gmbh for approximately SEK 160 million on April 23, 2025. The purchase price amounts to SEK 135 million with a possible further earnout of a maximum of SEK 28 million. For the period ending December 31, 2024, B & B Leiterplattenservice Gmbh reported total revenue of SEK 150 million. The deal is expected to close in the beginning of May and the sellers will stay during a transition period securing a smooth integration.Declared Dividend • Apr 11Dividend of kr1.10 announcedDividend of kr1.10 is the same as last year. Ex-date: 9th May 2025 Payment date: 15th May 2025 Dividend yield will be 2.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 16% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 10Full year 2024 earnings released: EPS: kr1.36 (vs kr2.16 in FY 2023)Full year 2024 results: EPS: kr1.36 (down from kr2.16 in FY 2023). Revenue: kr3.61b (down 12% from FY 2023). Net income: kr254.9m (down 37% from FY 2023). Profit margin: 7.1% (down from 9.9% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr42.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Electronic industry in the United Kingdom. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr61.35 per share.New Risk • Apr 05New 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 7.5% 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: Minor Risks High level of debt (47% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).Buy Or Sell Opportunity • Apr 03Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to kr50.00. The fair value is estimated to be kr64.24, 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 4.3%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr57.68, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Electronic industry in the United Kingdom. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr66.44 per share.New Risk • Feb 26New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Buy Or Sell Opportunity • Feb 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.5% to kr52.07. The fair value is estimated to be kr66.11, 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 4.3%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Reported Earnings • Feb 14Full year 2024 earnings released: EPS: kr1.36 (vs kr2.16 in FY 2023)Full year 2024 results: EPS: kr1.36 (down from kr2.16 in FY 2023). Revenue: kr3.62b (down 11% from FY 2023). Net income: kr254.9m (down 37% from FY 2023). Profit margin: 7.0% (down from 9.9% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.Buy Or Sell Opportunity • Nov 19Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to kr57.90. The fair value is estimated to be kr74.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 4.9%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 60% in the next 2 years.Recent Insider Transactions • Nov 11Independent Director recently sold kr2.0m worth of stockOn the 7th of November, Gunilla Rudebjer sold around 30k shares on-market at roughly kr66.24 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr69m. Insiders have been net sellers, collectively disposing of kr70m more than they bought in the last 12 months.공지 • Nov 07NCAB Group AB (publ) to Report Fiscal Year 2024 Final Results on Apr 10, 2025NCAB Group AB (publ) announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on Apr 10, 2025Reported Earnings • Nov 06Second quarter 2024 earnings released: EPS: kr0.39 (vs kr0.54 in 2Q 2023)Second quarter 2024 results: EPS: kr0.39 (down from kr0.54 in 2Q 2023). Revenue: kr935.1m (down 12% from 2Q 2023). Net income: kr73.4m (down 28% from 2Q 2023). Profit margin: 7.8% (down from 9.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electronic industry in the United Kingdom.Buy Or Sell Opportunity • Nov 05Now 20% overvaluedOver the last 90 days, the stock has fallen 6.9% to kr66.83. The fair value is estimated to be kr55.49, however this is not to be taken as a sell 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 15%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 32% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr66.40, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total returns to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr67.16 per share.New Risk • Sep 13New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr69m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Significant insider selling over the past 3 months (kr69m sold).공지 • Aug 21+ 3 more updatesNCAB Group AB (publ) to Report Fiscal Year 2025 Results on Feb 13, 2026NCAB Group AB (publ) announced that they will report fiscal year 2025 results on Feb 13, 2026Reported Earnings • Jul 24Second quarter 2024 earnings released: EPS: kr0.39 (vs kr0.54 in 2Q 2023)Second quarter 2024 results: EPS: kr0.39 (down from kr0.54 in 2Q 2023). Revenue: kr935.1m (down 12% from 2Q 2023). Net income: kr73.4m (down 28% from 2Q 2023). Profit margin: 7.8% (down from 9.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom.공지 • Jul 23NCAB Group AB (publ) to Report Fiscal Year 2024 Results on Feb 13, 2025NCAB Group AB (publ) announced that they will report fiscal year 2024 results on Feb 13, 2025Recent Insider Transactions • Jun 13President recently bought kr811k worth of stockOn the 11th of June, Peter Kruk bought around 10k shares on-market at roughly kr81.12 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months.공지 • May 09+ 1 more updateNCAB Group AB (Publ) Approves Dividend for the Financial Year 2023, Payable on May 16, 2024NCAB Group AB (publ) at its AGM held on May 8, 2024 approved dividend to be paid to the shareholders for the financial year 2023 of SEK 1.10 per share to be paid to be paid in May 2024. The remaining result was resolved to be carried forward. The annual general meeting resolved that the record date shall be 13 May 2024 and the dividend is estimated to be disbursed on 16 May 2024.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr0.48 (vs kr0.67 in 1Q 2023)First quarter 2024 results: EPS: kr0.48 (down from kr0.67 in 1Q 2023). Revenue: kr955.3m (down 17% from 1Q 2023). Net income: kr89.8m (down 28% from 1Q 2023). Profit margin: 9.4% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom.공지 • Apr 11NCAB Group AB (publ) Appoints Tim Benjamin as CFONCAB Group AB (publ) has appointed Tim Benjamin as its new CFO. Tim has a long and broad experience of managerial business finance roles, including M&A and IT. He succeeds Anders Forsén who announced in early February that he plans to retire in 2024. Tim will assume his new role no later than October 2024. Tim Benjamin has had a successful career of almost 20 years within the Sandvik Group, most recently in the role of Business Area CFO for Sandvik Mining & Rock Solutions. Prior to that, he held various roles both in the US and Sweden as Controller and VP Finance in different parts of the group, from production to sales. In these different roles Tim has contributed to a positive profitable development, and in addition to the pure Finance responsibility, has also been active in the M&A field. Tim holds a Bachelor of Science in Accounting, as well as an MBA from Clemson University, South Carolina, USA. After Anders Forsén announced that he wished to leave his position after 16 years as CFO to have more free time, the company has carried out a recruitment process.Reported Earnings • Apr 11Full year 2023 earnings released: EPS: kr2.16 (vs kr2.23 in FY 2022)Full year 2023 results: EPS: kr2.16 (down from kr2.23 in FY 2022). Revenue: kr4.12b (down 7.5% from FY 2022). Net income: kr403.7m (down 3.2% from FY 2022). Profit margin: 9.8% (in line with FY 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to kr73.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 15x in the Electronic industry in the United Kingdom. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr44.06 per share.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr64.62, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Electronic industry in the United Kingdom. Total returns to shareholders of 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr43.15 per share.공지 • Feb 27NCAB Group AB (publ) Appoints Arjan Sinoo as Vice President for Global SalesArjan Sinoo, currently Managing Director of NCAB Group Benelux, has been promoted to the position of VP Global Sales and member of the Group Management of NCAB when he takes over the position from Howard Goff, who has recently been appointed VP and president North America. NCAB is servicing multiple global industries and is providing local service to customers globally and with the growth and continued expansion new global synergies emerges.Declared Dividend • Feb 22Dividend of kr1.10 announcedDividend of kr1.10 is the same as last year. Ex-date: 10th May 2024 Payment date: 16th May 2024 Dividend yield will be 1.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 20% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 18Full year 2023 earnings released: EPS: kr2.16 (vs kr2.23 in FY 2022)Full year 2023 results: EPS: kr2.16 (down from kr2.23 in FY 2022). Revenue: kr4.12b (down 7.5% from FY 2022). Net income: kr403.7m (down 3.2% from FY 2022). Profit margin: 9.8% (in line with FY 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom.Buy Or Sell Opportunity • Feb 16Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to kr72.60. The fair value is estimated to be kr58.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.공지 • Feb 09NCAB Group AB (publ) Announces Anders Forsén to Leave as CFONCAB Group AB (publ) announced that Anders Forsén, CFO of NCAB, has announced that he wishes to leave his position at NCAB after the summer of 2024. A recruitment process will therefore be initiated so that a successor can be appointed before the summer.공지 • Dec 19NCAB Group AB (publ) Announces Change in the Nomination CommitteeThe Belgian Asset Manager Anicom has increased its holding in NCAB during the autumn and owned 5.99% of the shares in NCAB at the end of November, thereby becoming the 4th largest shareholder. Upon request of the Nomination Committee, they have chosen to participate in its work. The Nomination Committee is thereby increased by one member and will consists of the following members: Jan Dworsky, Swedbank Robur, chairman. Jan Särlvik, AP4, Simon Peterson, Didner o Gerge, Alexandre Weinberg, Anicom Gestion, Hjalmar Ek, Lannebo Fonder, and Christian Salamon, Chairman of NCAB Group.공지 • Dec 05NCAB Appoints Howard Goff as President of NCAB North AmericaNCAB announced that Howard Goff, currently VP Sales for the NCAB Group and earlier President of the Europe segment, has been appointed President of NCAB North America. NCAB has been present in the US since 2012 and over the years have grown through a series of acquisitions to become a significant player in this important region. market share is still considerably lower than in the Nordic and Europe segments and thus continued strong growth in the Americas is a priority for the group. With Howard’s transition will inject long term experience from the NCAB model and will leverage his network within NCAB to accelerate growth in the US. Robert Balson, currently President of NCAB North America, has decided to explore opportunities outside NCAB.공지 • Nov 29Ncab Group AB (Publ) Announces Change in the Nomination Committee 2024NCAB Group AB (publ) has increased the holding in NCAB och is now the fourth larger shareholder and has chosen, in accordance with the possibility from the AGM decision, to participate in the Nomination Committee. The Nomination will thereafter be constituted of the following members: Jan Dworsky, Swedbank Robur, chairman. Jan Särlvik, AP4, Simon Peterson, Didner o Gerge; Hjalmar Ek, Lannebo Fonder and Christian Salamon, Chairman of NCAB Group.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr63.78, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr38.18 per share.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: kr0.59 (vs kr0.74 in 3Q 2022)Third quarter 2023 results: EPS: kr0.59 (down from kr0.74 in 3Q 2022). Revenue: kr1.03b (down 12% from 3Q 2022). Net income: kr110.4m (down 20% from 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electronic industry in the United Kingdom.공지 • Nov 02NCAB Group AB (publ) (OM : NCAB) signed an agreement to acquire Electronic Advanced Circuits S.L. for SEK 18 million.NCAB Group AB (publ) (OM : NCAB) signed an agreement to acquire Electronic Advanced Circuits S.L. for SEK 18 million on October 31, 2023. The purchase price is SEK 14 million with a potential earn-out capped at a maximum amount of SEK 4 million. The transaction is estimated to close in November 2023. The acquisition is expected to be earnings accretive for NCAB Group in 2024. Synergies are expected in the areas of suppliers, payment terms and logistics.공지 • Oct 28+ 3 more updatesNCAB Group AB (publ) to Report Q3, 2024 Results on Nov 05, 2024NCAB Group AB (publ) announced that they will report Q3, 2024 results on Nov 05, 2024공지 • Oct 12NCAB Group AB (publ), Annual General Meeting, May 08, 2024NCAB Group AB (publ), Annual General Meeting, May 08, 2024.Recent Insider Transactions • Sep 15Independent Director recently bought kr132m worth of stockOn the 13th of September, Hans Ramel bought around 2m shares on-market at roughly kr57.50 per share. This transaction increased Hans' direct individual holding by 5x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr104m more in shares than they have sold in the last 12 months.공지 • Sep 14Per Hesselmark Leaves the Board of Directors of NCABPer Hesselmark has informed NCAB that he wishes to leave his seat on the company's Board of Directors. This is a consequence of R12 Kapital having sold its shares in NCAB.New Risk • Jul 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 59% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (59% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Significant insider selling over the past 3 months (kr15m sold).Reported Earnings • Jul 21Second quarter 2023 earnings released: EPS: kr0.54 (vs kr0.76 in 2Q 2022)Second quarter 2023 results: EPS: kr0.54 (down from kr0.76 in 2Q 2022). Revenue: kr1.07b (down 5.0% from 2Q 2022). Net income: kr101.2m (down 28% from 2Q 2022). Profit margin: 9.5% (down from 13% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr64.63, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total returns to shareholders of 6.7% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr42.68 per share.Recent Insider Transactions • May 31President recently bought kr1.2m worth of stockOn the 26th of May, Peter Kruk bought around 15k shares on-market at roughly kr81.70 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months.Recent Insider Transactions • May 19Chief Digital & Information Officer recently sold kr91k worth of stockOn the 11th of May, Ann Juviken sold around 1k shares on-market at roughly kr75.70 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr15m. Insiders have been net sellers, collectively disposing of kr32m more than they bought in the last 12 months.공지 • May 10NCAB Group AB (publ) Approves Dividend for the Financial Year 2022, Payable on 16 May 2023NCAB Group AB (publ) announced that at its Annual General Meeting held on 9 May 2023, in accordance with the proposal of the board of directors, the meeting resolved on a dividend to be paid to the shareholdersfor the financial year 2022 of SEK 1.10 per share to be paid to be paid in May 2023. The remaining result was resolved to be carried forward. The annual general meeting resolved that the record dateshall be 11 May 2023 with 16 May 2023 as the date of disbursement. The board of directors and the managing directors were discharged from liability for the fiscal year 2022.공지 • May 06NCAB Group AB (publ) (OM:NCAB) acquired Phase 3 Technologies, Inc. from Saul Kennedy and Paul Sargis for $23.5 million.NCAB Group AB (publ) (OM:NCAB) acquired Phase 3 Technologies, Inc. from Saul Kennedy and Paul Sargis for $23.5 million on May 4, 2023. The purchase price was $23.5 million, with a potential earn-out based on increased gross profit in 2023. Phase 3 Technologies will be consolidated with NCAB Group from May 4, 2023. Saul Kennedy and Paul Sargis who will both remain within Phase 3 Technologies and NCAB going forward. The acquisition is expected to be Earnings accretive for NCAB Group in 2023.NCAB Group AB (publ) (OM:NCAB) completed the acquisition of Phase 3 Technologies, Inc. from Saul Kennedy and Paul Sargis on May 4, 2023.Upcoming Dividend • May 03Upcoming dividend of kr1.10 per share at 1.4% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (1.4%).Recent Insider Transactions • May 02Insider recently sold kr15m worth of stockOn the 27th of April, Martin Magnusson sold around 200k shares on-market at roughly kr76.36 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth kr16m. Insiders have been net sellers, collectively disposing of kr32m more than they bought in the last 12 months.Reported Earnings • Apr 08Full year 2022 earnings released: EPS: kr2.23 (vs kr1.52 in FY 2021)Full year 2022 results: EPS: kr2.23 (up from kr1.52 in FY 2021). Revenue: kr4.46b (up 39% from FY 2021). Net income: kr417.0m (up 46% from FY 2021). Profit margin: 9.4% (up from 8.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom.Valuation Update With 7 Day Price Move • Mar 31Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr60.40, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Electronic industry in the United Kingdom. Total loss to shareholders of 8.6% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr44.89 per share.Recent Insider Transactions • Feb 22Insider recently sold kr16m worth of stockOn the 17th of February, Martin Magnusson sold around 250k shares on-market at roughly kr64.12 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr65m more than they bought in the last 12 months.Reported Earnings • Feb 20Full year 2022 earnings released: EPS: kr2.23 (vs kr1.52 in FY 2021)Full year 2022 results: EPS: kr2.23 (up from kr1.52 in FY 2021). Revenue: kr4.46b (up 39% from FY 2021). Net income: kr417.0m (up 46% from FY 2021). Profit margin: 9.4% (up from 8.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in the United Kingdom.공지 • Feb 18NCAB Group AB (publ) Proposes Dividend for the Year 2022The Board of Directors of NCAB Group AB (publ) proposes a dividend of SEK 1.10 (0.60) per share for 2022 to be paid in May.공지 • Jan 11NCAB Group AB (publ) (OM:NCAB) completed the acquisition of Bare Board Consultants S.R.L. Anche B.B.C.SRL for €5.6 million.NCAB Group AB (publ) (OM:NCAB) agreed to acquire Bare Board Consultants Srl Anche B.B.C.Srl on November 24, 2022. The company’s employees will relocate to NCABs existing office in the area. The transaction is estimated to close in January 2023.NCAB Group AB (publ) (OM:NCAB) completed the acquisition of Bare Board Consultants S.R.L. Anche B.B.C.SRL for €5.6 million on January 10, 2023.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr62.91, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Simply Wall St's valuation model estimates the intrinsic value at kr53.01 per share.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. President, CEO & Director Peter Kruk was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 09Third quarter 2022 earnings released: EPS: kr0.74 (vs kr0.48 in 3Q 2021)Third quarter 2022 results: EPS: kr0.74 (up from kr0.48 in 3Q 2021). Revenue: kr1.17b (up 35% from 3Q 2021). Net income: kr138.5m (up 52% from 3Q 2021). Profit margin: 12% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in the United Kingdom.Buying Opportunity • Oct 31Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be kr61.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 35% in the next 2 years.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr51.11, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Simply Wall St's valuation model estimates the intrinsic value at kr63.37 per share.Upcoming Dividend • Sep 23Upcoming dividend of kr0.30 per shareEligible shareholders must have bought the stock before 30 September 2022. Payment date: 06 October 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (1.7%).공지 • Sep 15+ 1 more updateNCAB Group AB (publ) to Report Q3, 2023 Results on Nov 07, 2023NCAB Group AB (publ) announced that they will report Q3, 2023 results on Nov 07, 2023이익 및 매출 성장 예측LSE:0AAQ - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20285,240479528592412/31/20275,008433473535412/31/20264,55735139143543/31/20263,859229291299N/A12/31/20253,743206280287N/A9/30/20253,672195304310N/A6/30/20253,621184299307N/A3/31/20253,622217310315N/A12/31/20243,614255349354N/A9/30/20243,662281382394N/A6/30/20243,770341521540N/A3/31/20243,892369558591N/A12/31/20234,088404648700N/A9/30/20234,235408735798N/A6/30/20234,398436688750N/A3/31/20234,463476691746N/A12/31/20224,458417525568N/A9/30/20224,408421379404N/A6/30/20224,104374174192N/A3/31/20223,7443106274N/A12/31/20213,2202854448N/A9/30/20212,7582457376N/A6/30/20212,431185141143N/A3/31/20212,249128188190N/A12/31/20202,115127192194N/A9/30/20202,023124186192N/A6/30/20201,926131175182N/A3/31/20201,818134133141N/A12/31/20191,781128N/A153N/A9/30/20191,765130N/A149N/A6/30/20191,746124N/A130N/A3/31/20191,688116N/A106N/A12/31/20181,617103N/A70N/A9/30/20181,53856N/A41N/A6/30/20181,46012N/A17N/A3/31/20181,42028N/A10N/A12/31/20171,40036N/A37N/A12/31/20161,21961N/A82N/A12/31/20151,20051N/A39N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 0AAQ 의 연간 예상 수익 증가율(23.8%)이 saving rate(3.4%)보다 높습니다.수익 vs 시장: 0AAQ 의 연간 수익(23.8%)이 UK 시장(12.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 0AAQ 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 0AAQ 의 수익(연간 10.4%)이 UK 시장(연간 4.4%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 0AAQ 의 수익(연간 10.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 0AAQ의 자본 수익률은 3년 후 24.9%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 19:34종가2026/05/08 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스NCAB Group AB (publ)는 6명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Robert RedinCarnegie Investment Bank ABJacob EdlerDanske BankRobert RedinDNB Carnegie3명의 분석가 더 보기
Upcoming Dividend • May 01Upcoming dividend of kr1.10 per shareEligible shareholders must have bought the stock before 08 May 2026. Payment date: 15 May 2026. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (0.8%).
Buy Or Sell Opportunity • Apr 16Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to kr68.30. The fair value is estimated to be kr55.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has declined by 32%. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.
Reported Earnings • Apr 12Full year 2025 earnings released: EPS: kr1.10 (vs kr1.36 in FY 2024)Full year 2025 results: EPS: kr1.10 (down from kr1.36 in FY 2024). Revenue: kr3.76b (up 4.1% from FY 2024). Net income: kr206.0m (down 19% from FY 2024). Profit margin: 5.5% (down from 7.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to kr54.05, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Electronic industry in the United Kingdom. Total loss to shareholders of 8.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr55.77 per share.
New Risk • Mar 01New 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: Minor Risks High level of debt (53% net debt to equity). Share price has been volatile over the past 3 months (7.2% average weekly change).
공지 • Feb 16NCAB Group AB (publ) Proposes a Dividend to Be Paid in MayThe Board of Directors of NCAB Group AB (publ) proposed a dividend of SEK 1.10 (0.00) per share to be paid in May.
New Risk • Feb 15New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 100% Dividend yield: 2.5% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (53% net debt to equity). Dividend is not well covered by earnings (100% payout ratio).
Reported Earnings • Feb 15Full year 2025 earnings released: EPS: kr1.10 (vs kr1.36 in FY 2024)Full year 2025 results: EPS: kr1.10 (down from kr1.36 in FY 2024). Revenue: kr3.74b (up 3.6% from FY 2024). Net income: kr206.0m (down 19% from FY 2024). Profit margin: 5.5% (down from 7.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr40.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr55.41 per share.
Buy Or Sell Opportunity • Jan 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to kr46.00. The fair value is estimated to be kr57.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 88% in the next 2 years.
Reported Earnings • Oct 26Third quarter 2025 earnings released: EPS: kr0.33 (vs kr0.27 in 3Q 2024)Third quarter 2025 results: EPS: kr0.33 (up from kr0.27 in 3Q 2024). Revenue: kr949.3m (up 5.7% from 3Q 2024). Net income: kr60.9m (up 21% from 3Q 2024). Profit margin: 6.4% (up from 5.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공지 • Oct 24NCAB Group AB (publ) to Report Fiscal Year 2025 Final Results on Apr 10, 2026NCAB Group AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Apr 10, 2026
공지 • Oct 15NCAB Group AB (publ), Annual General Meeting, May 07, 2026NCAB Group AB (publ), Annual General Meeting, May 07, 2026.
공지 • Oct 08+ 3 more updatesNCAB Group AB (publ) to Report Q2, 2026 Results on Jul 22, 2026NCAB Group AB (publ) announced that they will report Q2, 2026 results on Jul 22, 2026
Reported Earnings • Jul 22Second quarter 2025 earnings released: EPS: kr0.22 (vs kr0.39 in 2Q 2024)Second quarter 2025 results: EPS: kr0.22 (down from kr0.39 in 2Q 2024). Revenue: kr936.5m (flat on 2Q 2024). Net income: kr40.3m (down 45% from 2Q 2024). Profit margin: 4.3% (down from 7.8% in 2Q 2024). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr51.49, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at kr63.12 per share.
공지 • Jun 04NCAB Group AB (publ) (OM:NCAB) completed the acquisition of B & B Leiterplattenservice Gmbh.NCAB Group AB (publ) (OM:NCAB) signed an agreement to acquire B & B Leiterplattenservice Gmbh for approximately SEK 160 million on April 23, 2025. The purchase price amounts to SEK 135 million with a possible further earnout of a maximum of SEK 28 million. For the period ending December 31, 2024, B & B Leiterplattenservice Gmbh reported total revenue of SEK 150 million. The deal is expected to close in the beginning of May and the sellers will stay during a transition period securing a smooth integration. NCAB Group AB (publ) (OM:NCAB) completed the acquisition of B & B Leiterplattenservice Gmbh on June 3, 2025.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr46.01, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr63.89 per share.
공지 • May 08NCAB Group AB (publ) Announces Board AppointmentsNCAB Group AB (publ) at the AGM held on May 8, 2025, the shareholders approved election of Marlene Forsell and Helen Blomqvist as new directors of the board.
Recent Insider Transactions • Apr 28Chief Financial Officer recently bought kr375k worth of stockOn the 25th of April, Timothy Benjamin bought around 10k shares on-market at roughly kr37.50 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Timothy's only on-market trade for the last 12 months.
New Risk • Apr 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.0% Last year net profit margin: 9.5% 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: Minor Risks High level of debt (49% net debt to equity). Dividend is not well covered by earnings (95% payout ratio). Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (6.0% net profit margin).
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr38.63, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Electronic industry in the United Kingdom. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr63.45 per share.
공지 • Apr 24NCAB Group AB (publ) (OM:NCAB) signed an agreement to acquire B & B Leiterplattenservice Gmbh for approximately SEK 160 million.NCAB Group AB (publ) (OM:NCAB) signed an agreement to acquire B & B Leiterplattenservice Gmbh for approximately SEK 160 million on April 23, 2025. The purchase price amounts to SEK 135 million with a possible further earnout of a maximum of SEK 28 million. For the period ending December 31, 2024, B & B Leiterplattenservice Gmbh reported total revenue of SEK 150 million. The deal is expected to close in the beginning of May and the sellers will stay during a transition period securing a smooth integration.
Declared Dividend • Apr 11Dividend of kr1.10 announcedDividend of kr1.10 is the same as last year. Ex-date: 9th May 2025 Payment date: 15th May 2025 Dividend yield will be 2.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 16% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 10Full year 2024 earnings released: EPS: kr1.36 (vs kr2.16 in FY 2023)Full year 2024 results: EPS: kr1.36 (down from kr2.16 in FY 2023). Revenue: kr3.61b (down 12% from FY 2023). Net income: kr254.9m (down 37% from FY 2023). Profit margin: 7.1% (down from 9.9% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr42.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Electronic industry in the United Kingdom. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr61.35 per share.
New Risk • Apr 05New 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 7.5% 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: Minor Risks High level of debt (47% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).
Buy Or Sell Opportunity • Apr 03Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to kr50.00. The fair value is estimated to be kr64.24, 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 4.3%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr57.68, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Electronic industry in the United Kingdom. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr66.44 per share.
New Risk • Feb 26New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Buy Or Sell Opportunity • Feb 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.5% to kr52.07. The fair value is estimated to be kr66.11, 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 4.3%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Reported Earnings • Feb 14Full year 2024 earnings released: EPS: kr1.36 (vs kr2.16 in FY 2023)Full year 2024 results: EPS: kr1.36 (down from kr2.16 in FY 2023). Revenue: kr3.62b (down 11% from FY 2023). Net income: kr254.9m (down 37% from FY 2023). Profit margin: 7.0% (down from 9.9% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.
Buy Or Sell Opportunity • Nov 19Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to kr57.90. The fair value is estimated to be kr74.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 4.9%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 60% in the next 2 years.
Recent Insider Transactions • Nov 11Independent Director recently sold kr2.0m worth of stockOn the 7th of November, Gunilla Rudebjer sold around 30k shares on-market at roughly kr66.24 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr69m. Insiders have been net sellers, collectively disposing of kr70m more than they bought in the last 12 months.
공지 • Nov 07NCAB Group AB (publ) to Report Fiscal Year 2024 Final Results on Apr 10, 2025NCAB Group AB (publ) announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on Apr 10, 2025
Reported Earnings • Nov 06Second quarter 2024 earnings released: EPS: kr0.39 (vs kr0.54 in 2Q 2023)Second quarter 2024 results: EPS: kr0.39 (down from kr0.54 in 2Q 2023). Revenue: kr935.1m (down 12% from 2Q 2023). Net income: kr73.4m (down 28% from 2Q 2023). Profit margin: 7.8% (down from 9.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electronic industry in the United Kingdom.
Buy Or Sell Opportunity • Nov 05Now 20% overvaluedOver the last 90 days, the stock has fallen 6.9% to kr66.83. The fair value is estimated to be kr55.49, however this is not to be taken as a sell 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 15%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 32% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr66.40, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total returns to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr67.16 per share.
New Risk • Sep 13New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr69m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Significant insider selling over the past 3 months (kr69m sold).
공지 • Aug 21+ 3 more updatesNCAB Group AB (publ) to Report Fiscal Year 2025 Results on Feb 13, 2026NCAB Group AB (publ) announced that they will report fiscal year 2025 results on Feb 13, 2026
Reported Earnings • Jul 24Second quarter 2024 earnings released: EPS: kr0.39 (vs kr0.54 in 2Q 2023)Second quarter 2024 results: EPS: kr0.39 (down from kr0.54 in 2Q 2023). Revenue: kr935.1m (down 12% from 2Q 2023). Net income: kr73.4m (down 28% from 2Q 2023). Profit margin: 7.8% (down from 9.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom.
공지 • Jul 23NCAB Group AB (publ) to Report Fiscal Year 2024 Results on Feb 13, 2025NCAB Group AB (publ) announced that they will report fiscal year 2024 results on Feb 13, 2025
Recent Insider Transactions • Jun 13President recently bought kr811k worth of stockOn the 11th of June, Peter Kruk bought around 10k shares on-market at roughly kr81.12 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months.
공지 • May 09+ 1 more updateNCAB Group AB (Publ) Approves Dividend for the Financial Year 2023, Payable on May 16, 2024NCAB Group AB (publ) at its AGM held on May 8, 2024 approved dividend to be paid to the shareholders for the financial year 2023 of SEK 1.10 per share to be paid to be paid in May 2024. The remaining result was resolved to be carried forward. The annual general meeting resolved that the record date shall be 13 May 2024 and the dividend is estimated to be disbursed on 16 May 2024.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr0.48 (vs kr0.67 in 1Q 2023)First quarter 2024 results: EPS: kr0.48 (down from kr0.67 in 1Q 2023). Revenue: kr955.3m (down 17% from 1Q 2023). Net income: kr89.8m (down 28% from 1Q 2023). Profit margin: 9.4% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom.
공지 • Apr 11NCAB Group AB (publ) Appoints Tim Benjamin as CFONCAB Group AB (publ) has appointed Tim Benjamin as its new CFO. Tim has a long and broad experience of managerial business finance roles, including M&A and IT. He succeeds Anders Forsén who announced in early February that he plans to retire in 2024. Tim will assume his new role no later than October 2024. Tim Benjamin has had a successful career of almost 20 years within the Sandvik Group, most recently in the role of Business Area CFO for Sandvik Mining & Rock Solutions. Prior to that, he held various roles both in the US and Sweden as Controller and VP Finance in different parts of the group, from production to sales. In these different roles Tim has contributed to a positive profitable development, and in addition to the pure Finance responsibility, has also been active in the M&A field. Tim holds a Bachelor of Science in Accounting, as well as an MBA from Clemson University, South Carolina, USA. After Anders Forsén announced that he wished to leave his position after 16 years as CFO to have more free time, the company has carried out a recruitment process.
Reported Earnings • Apr 11Full year 2023 earnings released: EPS: kr2.16 (vs kr2.23 in FY 2022)Full year 2023 results: EPS: kr2.16 (down from kr2.23 in FY 2022). Revenue: kr4.12b (down 7.5% from FY 2022). Net income: kr403.7m (down 3.2% from FY 2022). Profit margin: 9.8% (in line with FY 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to kr73.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 15x in the Electronic industry in the United Kingdom. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr44.06 per share.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr64.62, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Electronic industry in the United Kingdom. Total returns to shareholders of 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr43.15 per share.
공지 • Feb 27NCAB Group AB (publ) Appoints Arjan Sinoo as Vice President for Global SalesArjan Sinoo, currently Managing Director of NCAB Group Benelux, has been promoted to the position of VP Global Sales and member of the Group Management of NCAB when he takes over the position from Howard Goff, who has recently been appointed VP and president North America. NCAB is servicing multiple global industries and is providing local service to customers globally and with the growth and continued expansion new global synergies emerges.
Declared Dividend • Feb 22Dividend of kr1.10 announcedDividend of kr1.10 is the same as last year. Ex-date: 10th May 2024 Payment date: 16th May 2024 Dividend yield will be 1.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 20% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 18Full year 2023 earnings released: EPS: kr2.16 (vs kr2.23 in FY 2022)Full year 2023 results: EPS: kr2.16 (down from kr2.23 in FY 2022). Revenue: kr4.12b (down 7.5% from FY 2022). Net income: kr403.7m (down 3.2% from FY 2022). Profit margin: 9.8% (in line with FY 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom.
Buy Or Sell Opportunity • Feb 16Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to kr72.60. The fair value is estimated to be kr58.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.
공지 • Feb 09NCAB Group AB (publ) Announces Anders Forsén to Leave as CFONCAB Group AB (publ) announced that Anders Forsén, CFO of NCAB, has announced that he wishes to leave his position at NCAB after the summer of 2024. A recruitment process will therefore be initiated so that a successor can be appointed before the summer.
공지 • Dec 19NCAB Group AB (publ) Announces Change in the Nomination CommitteeThe Belgian Asset Manager Anicom has increased its holding in NCAB during the autumn and owned 5.99% of the shares in NCAB at the end of November, thereby becoming the 4th largest shareholder. Upon request of the Nomination Committee, they have chosen to participate in its work. The Nomination Committee is thereby increased by one member and will consists of the following members: Jan Dworsky, Swedbank Robur, chairman. Jan Särlvik, AP4, Simon Peterson, Didner o Gerge, Alexandre Weinberg, Anicom Gestion, Hjalmar Ek, Lannebo Fonder, and Christian Salamon, Chairman of NCAB Group.
공지 • Dec 05NCAB Appoints Howard Goff as President of NCAB North AmericaNCAB announced that Howard Goff, currently VP Sales for the NCAB Group and earlier President of the Europe segment, has been appointed President of NCAB North America. NCAB has been present in the US since 2012 and over the years have grown through a series of acquisitions to become a significant player in this important region. market share is still considerably lower than in the Nordic and Europe segments and thus continued strong growth in the Americas is a priority for the group. With Howard’s transition will inject long term experience from the NCAB model and will leverage his network within NCAB to accelerate growth in the US. Robert Balson, currently President of NCAB North America, has decided to explore opportunities outside NCAB.
공지 • Nov 29Ncab Group AB (Publ) Announces Change in the Nomination Committee 2024NCAB Group AB (publ) has increased the holding in NCAB och is now the fourth larger shareholder and has chosen, in accordance with the possibility from the AGM decision, to participate in the Nomination Committee. The Nomination will thereafter be constituted of the following members: Jan Dworsky, Swedbank Robur, chairman. Jan Särlvik, AP4, Simon Peterson, Didner o Gerge; Hjalmar Ek, Lannebo Fonder and Christian Salamon, Chairman of NCAB Group.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr63.78, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr38.18 per share.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: kr0.59 (vs kr0.74 in 3Q 2022)Third quarter 2023 results: EPS: kr0.59 (down from kr0.74 in 3Q 2022). Revenue: kr1.03b (down 12% from 3Q 2022). Net income: kr110.4m (down 20% from 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electronic industry in the United Kingdom.
공지 • Nov 02NCAB Group AB (publ) (OM : NCAB) signed an agreement to acquire Electronic Advanced Circuits S.L. for SEK 18 million.NCAB Group AB (publ) (OM : NCAB) signed an agreement to acquire Electronic Advanced Circuits S.L. for SEK 18 million on October 31, 2023. The purchase price is SEK 14 million with a potential earn-out capped at a maximum amount of SEK 4 million. The transaction is estimated to close in November 2023. The acquisition is expected to be earnings accretive for NCAB Group in 2024. Synergies are expected in the areas of suppliers, payment terms and logistics.
공지 • Oct 28+ 3 more updatesNCAB Group AB (publ) to Report Q3, 2024 Results on Nov 05, 2024NCAB Group AB (publ) announced that they will report Q3, 2024 results on Nov 05, 2024
공지 • Oct 12NCAB Group AB (publ), Annual General Meeting, May 08, 2024NCAB Group AB (publ), Annual General Meeting, May 08, 2024.
Recent Insider Transactions • Sep 15Independent Director recently bought kr132m worth of stockOn the 13th of September, Hans Ramel bought around 2m shares on-market at roughly kr57.50 per share. This transaction increased Hans' direct individual holding by 5x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr104m more in shares than they have sold in the last 12 months.
공지 • Sep 14Per Hesselmark Leaves the Board of Directors of NCABPer Hesselmark has informed NCAB that he wishes to leave his seat on the company's Board of Directors. This is a consequence of R12 Kapital having sold its shares in NCAB.
New Risk • Jul 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 59% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (59% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Significant insider selling over the past 3 months (kr15m sold).
Reported Earnings • Jul 21Second quarter 2023 earnings released: EPS: kr0.54 (vs kr0.76 in 2Q 2022)Second quarter 2023 results: EPS: kr0.54 (down from kr0.76 in 2Q 2022). Revenue: kr1.07b (down 5.0% from 2Q 2022). Net income: kr101.2m (down 28% from 2Q 2022). Profit margin: 9.5% (down from 13% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr64.63, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total returns to shareholders of 6.7% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr42.68 per share.
Recent Insider Transactions • May 31President recently bought kr1.2m worth of stockOn the 26th of May, Peter Kruk bought around 15k shares on-market at roughly kr81.70 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months.
Recent Insider Transactions • May 19Chief Digital & Information Officer recently sold kr91k worth of stockOn the 11th of May, Ann Juviken sold around 1k shares on-market at roughly kr75.70 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr15m. Insiders have been net sellers, collectively disposing of kr32m more than they bought in the last 12 months.
공지 • May 10NCAB Group AB (publ) Approves Dividend for the Financial Year 2022, Payable on 16 May 2023NCAB Group AB (publ) announced that at its Annual General Meeting held on 9 May 2023, in accordance with the proposal of the board of directors, the meeting resolved on a dividend to be paid to the shareholdersfor the financial year 2022 of SEK 1.10 per share to be paid to be paid in May 2023. The remaining result was resolved to be carried forward. The annual general meeting resolved that the record dateshall be 11 May 2023 with 16 May 2023 as the date of disbursement. The board of directors and the managing directors were discharged from liability for the fiscal year 2022.
공지 • May 06NCAB Group AB (publ) (OM:NCAB) acquired Phase 3 Technologies, Inc. from Saul Kennedy and Paul Sargis for $23.5 million.NCAB Group AB (publ) (OM:NCAB) acquired Phase 3 Technologies, Inc. from Saul Kennedy and Paul Sargis for $23.5 million on May 4, 2023. The purchase price was $23.5 million, with a potential earn-out based on increased gross profit in 2023. Phase 3 Technologies will be consolidated with NCAB Group from May 4, 2023. Saul Kennedy and Paul Sargis who will both remain within Phase 3 Technologies and NCAB going forward. The acquisition is expected to be Earnings accretive for NCAB Group in 2023.NCAB Group AB (publ) (OM:NCAB) completed the acquisition of Phase 3 Technologies, Inc. from Saul Kennedy and Paul Sargis on May 4, 2023.
Upcoming Dividend • May 03Upcoming dividend of kr1.10 per share at 1.4% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (1.4%).
Recent Insider Transactions • May 02Insider recently sold kr15m worth of stockOn the 27th of April, Martin Magnusson sold around 200k shares on-market at roughly kr76.36 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth kr16m. Insiders have been net sellers, collectively disposing of kr32m more than they bought in the last 12 months.
Reported Earnings • Apr 08Full year 2022 earnings released: EPS: kr2.23 (vs kr1.52 in FY 2021)Full year 2022 results: EPS: kr2.23 (up from kr1.52 in FY 2021). Revenue: kr4.46b (up 39% from FY 2021). Net income: kr417.0m (up 46% from FY 2021). Profit margin: 9.4% (up from 8.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom.
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr60.40, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Electronic industry in the United Kingdom. Total loss to shareholders of 8.6% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr44.89 per share.
Recent Insider Transactions • Feb 22Insider recently sold kr16m worth of stockOn the 17th of February, Martin Magnusson sold around 250k shares on-market at roughly kr64.12 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr65m more than they bought in the last 12 months.
Reported Earnings • Feb 20Full year 2022 earnings released: EPS: kr2.23 (vs kr1.52 in FY 2021)Full year 2022 results: EPS: kr2.23 (up from kr1.52 in FY 2021). Revenue: kr4.46b (up 39% from FY 2021). Net income: kr417.0m (up 46% from FY 2021). Profit margin: 9.4% (up from 8.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in the United Kingdom.
공지 • Feb 18NCAB Group AB (publ) Proposes Dividend for the Year 2022The Board of Directors of NCAB Group AB (publ) proposes a dividend of SEK 1.10 (0.60) per share for 2022 to be paid in May.
공지 • Jan 11NCAB Group AB (publ) (OM:NCAB) completed the acquisition of Bare Board Consultants S.R.L. Anche B.B.C.SRL for €5.6 million.NCAB Group AB (publ) (OM:NCAB) agreed to acquire Bare Board Consultants Srl Anche B.B.C.Srl on November 24, 2022. The company’s employees will relocate to NCABs existing office in the area. The transaction is estimated to close in January 2023.NCAB Group AB (publ) (OM:NCAB) completed the acquisition of Bare Board Consultants S.R.L. Anche B.B.C.SRL for €5.6 million on January 10, 2023.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr62.91, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Simply Wall St's valuation model estimates the intrinsic value at kr53.01 per share.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. President, CEO & Director Peter Kruk was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 09Third quarter 2022 earnings released: EPS: kr0.74 (vs kr0.48 in 3Q 2021)Third quarter 2022 results: EPS: kr0.74 (up from kr0.48 in 3Q 2021). Revenue: kr1.17b (up 35% from 3Q 2021). Net income: kr138.5m (up 52% from 3Q 2021). Profit margin: 12% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in the United Kingdom.
Buying Opportunity • Oct 31Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be kr61.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 35% in the next 2 years.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr51.11, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Simply Wall St's valuation model estimates the intrinsic value at kr63.37 per share.
Upcoming Dividend • Sep 23Upcoming dividend of kr0.30 per shareEligible shareholders must have bought the stock before 30 September 2022. Payment date: 06 October 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (1.7%).
공지 • Sep 15+ 1 more updateNCAB Group AB (publ) to Report Q3, 2023 Results on Nov 07, 2023NCAB Group AB (publ) announced that they will report Q3, 2023 results on Nov 07, 2023