ASX:NUC

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Nuchev Limited, a health and nutrition solutions company, develops, produces, markets, and sells goat milk based formula and nutritional products to consumers in Australia and China. More Details


Snowflake Analysis

Flawless balance sheet with limited growth.


Similar Companies

Share Price & News

How has Nuchev's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NUC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: NUC's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-10.9%

NUC

0.3%

AU Food

-0.6%

AU Market


1 Year Return

n/a

NUC

10.3%

AU Food

0.009%

AU Market

Return vs Industry: Insufficient data to determine how NUC performed against the Australian Food industry.

Return vs Market: Insufficient data to determine how NUC performed against the Australian Market.


Shareholder returns

NUCIndustryMarket
7 Day-10.9%0.3%-0.6%
30 Day-18.1%5.7%11.0%
90 Day-44.8%3.4%8.8%
1 Yearn/a13.2%10.3%3.4%0.009%
3 Yearn/a-13.4%-20.4%23.0%7.8%
5 Yearn/a13.6%-1.3%58.4%26.1%

Long-Term Price Volatility Vs. Market

How volatile is Nuchev's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Nuchev undervalued compared to its fair value and its price relative to the market?

1.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NUC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NUC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NUC is unprofitable, so we can't compare its PE Ratio to the AU Food industry average.

PE vs Market: NUC is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NUC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NUC is overvalued based on its PB Ratio (2x) compared to the AU Food industry average (1.5x).


Next Steps

Future Growth

How is Nuchev forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

53.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NUC is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NUC is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NUC is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: NUC's revenue (32.4% per year) is forecast to grow faster than the Australian market (5.1% per year).

High Growth Revenue: NUC's revenue (32.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NUC is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Nuchev performed over the past 5 years?

19.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: NUC is currently unprofitable.

Growing Profit Margin: NUC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NUC's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare NUC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NUC is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-16.9%).


Return on Equity

High ROE: NUC has a negative Return on Equity (-43.14%), as it is currently unprofitable.


Next Steps

Financial Health

How is Nuchev's financial position?


Financial Position Analysis

Short Term Liabilities: NUC's short term assets (A$24.1M) exceed its short term liabilities (A$2.0M).

Long Term Liabilities: NUC's short term assets (A$24.1M) exceed its long term liabilities (A$273.0K).


Debt to Equity History and Analysis

Debt Level: NUC is debt free.

Reducing Debt: NUC had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: NUC has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: NUC is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Nuchev current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NUC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NUC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NUC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NUC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NUC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average board tenure


CEO

Ben Dingle

no data

Tenure

AU$520,568

Compensation

Mr. Ben Dingle is the founder, Managing Director and Chief Executive Officer of Nuchev Ltd and also serves as its Executive Director since April 9, 2013. He has significant commercial experience from the N...


CEO Compensation Analysis

Compensation vs Market: Ben's total compensation ($USD383.22K) is above average for companies of similar size in the Australian market ($USD280.56K).

Compensation vs Earnings: Insufficient data to compare Ben's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Ben Dingle
Founderno dataAU$520.57k23.24%
A$ 14.0m
Justin Breheny
Independent Non-Executive Chairman of the Boardno dataAU$95.96k1.31%
A$ 790.9k
Selina Lightfoot
Independent Non-Executive Director4.25yrsAU$59.23k0.25%
A$ 147.8k
Jeffrey Martin
Independent Non-Executive Director4.25yrsAU$53.61k0.17%
A$ 104.3k
Michelle Terry
Independent Non-Executive Director4yrsAU$59.23k0.087%
A$ 52.2k
Owens Si Chan
Non-Executive Director0.25yrno datano data

4.3yrs

Average Tenure

Experienced Board: NUC's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: NUC only recently listed within the past 12 months.


Top Shareholders

Company Information

Nuchev Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nuchev Limited
  • Ticker: NUC
  • Exchange: ASX
  • Founded: 2013
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$60.284m
  • Shares outstanding: 51.53m
  • Website: https://www.nuchev.com.au

Location

  • Nuchev Limited
  • Level 10
  • 420 St Kilda Road
  • Melbourne
  • Victoria
  • 3004
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NUCASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2019
NUCCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2019

Biography

Nuchev Limited, a health and nutrition solutions company, develops, produces, markets, and sells goat milk based formula and nutritional products to consumers in Australia and China. It offers goat infant ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 07:02
End of Day Share Price2020/12/02 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.