Nick Scali Limited

ASX:NCK Stock Report

Market Cap: AU$1.2b

Nick Scali Future Growth

Future criteria checks 3/6

Nick Scali is forecast to grow earnings and revenue by 11.1% and 7.4% per annum respectively. EPS is expected to grow by 11.2% per annum. Return on equity is forecast to be 30.4% in 3 years.

Key information

11.1%

Earnings growth rate

11.21%

EPS growth rate

Specialty Retail earnings growth11.3%
Revenue growth rate7.4%
Future return on equity30.42%
Analyst coverage

Good

Last updated31 May 2026

Recent future growth updates

Recent updates

Narrative Update • May 28

NCK: Future Returns Will Be Supported By Stable Margins And Fair Pricing

Analysts have revised their fair value estimate for Nick Scali to A$19.20 from A$25.73 as they update assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Nick Scali Limited appointed Keith Toms as Chief Financial Officer, bringing experience from ASX-listed companies, global multinationals and high growth start ups, including prior roles at mycar, Qantas, Coty and Koala (Key Developments).
Narrative Update • Feb 08

NCK: Future Returns Will Be Supported By Stable Margins And Fair Pricing

Analysts have nudged their price target for Nick Scali slightly higher, with fair value moving from A$25.66 to A$25.73 as they fine tune assumptions around discount rates, revenue growth, profit margins and future P/E multiples. Valuation Changes The Fair Value Estimate has risen slightly, moving from A$25.66 to A$25.73 per share.
Analysis Article • Jan 30

When Should You Buy Nick Scali Limited (ASX:NCK)?

Nick Scali Limited ( ASX:NCK ), might not be a large cap stock, but it saw a double-digit share price rise of over 10...
Narrative Update • Jan 24

NCK: Future Returns Will Be Supported By Stable Margins And Fair Pricing

Analysts have nudged their price target on Nick Scali slightly higher, to A$25.66 from A$25.56, reflecting small adjustments to their fair value, discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: Adjusted slightly higher from A$25.56 to A$25.66 per share.
Narrative Update • Jan 10

NCK: Future Returns Will Be Underpinned By Stable Margins And Fair Pricing

Analysts have kept their A$25.56 price target for Nick Scali broadly unchanged, with only small tweaks to inputs such as the discount rate and future P/E, reflecting fine tuning rather than a shift in their overall view on the stock. Valuation Changes Fair Value: The model fair value estimate is unchanged at A$25.56 per share.
Narrative Update • Dec 26

NCK: Future Returns Are Expected To Remain Supported By Stable Margins

Analysts have inched up their price target on Nick Scali by approximately $0.07, citing slightly stronger long term revenue growth expectations and a marginally lower discount rate. These factors more than offset a modest trim to projected profit margins and future valuation multiples.
Narrative Update • Dec 11

NCK: Shares Will Rise As Stable Margins Support Strong Future Returns

Analysts have modestly raised their price target on Nick Scali to approximately $25.49 per share, citing a slightly higher required return and marginally richer future valuation multiples, while retaining broadly unchanged growth and margin expectations. Valuation Changes Fair Value: Unchanged at approximately A$25.49 per share, indicating no revision to the intrinsic valuation estimate.
Analysis Article • Nov 28

Investors Interested In Nick Scali Limited's (ASX:NCK) Earnings

With a price-to-earnings (or "P/E") ratio of 35.4x Nick Scali Limited ( ASX:NCK ) may be sending very bearish signals...
Narrative Update • Nov 27

NCK: Shares Will Reflect Balanced Outlook Amid Stable Profit Margins

Analysts have modestly raised their price target for Nick Scali from $25.32 to $25.49 per share, citing slightly improved long-term profitability expectations and a minor uptick in the company's projected growth metrics. Valuation Changes Fair Value has increased marginally from A$25.32 to A$25.49 per share.
Narrative Update • Nov 13

NCK: Shares Will Reflect Balanced Outlook Amid Stable Profit Margins

Analysts have raised their price target for Nick Scali from $23.14 to $25.32 per share, citing modest improvements in forecasted revenue growth and profit margins. Valuation Changes Fair Value: Increased from A$23.14 to A$25.32 per share.
Narrative Update • Oct 29

Sales Momentum And Higher Margins Will Help Drive Balanced Returns Ahead

Analysts have increased their price target for Nick Scali from $21.58 to $23.14, citing modest improvements in revenue growth and profit margin projections. What's in the News Nick Scali Limited issued new revenue guidance for the first quarter of 2026, projecting increased written sales for July by 7.7%.
Analysis Article • Sep 26

Nick Scali's (ASX:NCK) Dividend Will Be A$0.33

Nick Scali Limited ( ASX:NCK ) will pay a dividend of A$0.33 on the 28th of October. This payment means the dividend...
Analysis Article • Sep 10

Nick Scali (ASX:NCK) Has Announced A Dividend Of A$0.33

Nick Scali Limited's ( ASX:NCK ) investors are due to receive a payment of A$0.33 per share on 28th of October. This...
Analysis Article • Aug 29

After Leaping 27% Nick Scali Limited (ASX:NCK) Shares Are Not Flying Under The Radar

The Nick Scali Limited ( ASX:NCK ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article • Aug 26

Is There An Opportunity With Nick Scali Limited's (ASX:NCK) 30% Undervaluation?

Key Insights Nick Scali's estimated fair value is AU$34.09 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article • Aug 13

Nick Scali (ASX:NCK) Has Announced A Dividend Of A$0.33

The board of Nick Scali Limited ( ASX:NCK ) has announced that it will pay a dividend of A$0.33 per share on the 28th...
User avatar
New Narrative • Aug 10

Expanding ANZ Stores And UK Turnaround Will Empower Retail Evolution

Expansion in Australia, New Zealand, and the U.K., combined with new store openings and refurbishments, supports sustainable revenue and earnings growth.
Analysis Article • Feb 15

Nick Scali (ASX:NCK) Is Reducing Its Dividend To A$0.30

Nick Scali Limited's ( ASX:NCK ) dividend is being reduced from last year's payment covering the same period to A$0.30...
Analysis Article • Dec 14

These 4 Measures Indicate That Nick Scali (ASX:NCK) Is Using Debt Safely

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Aug 28

Nick Scali (ASX:NCK) Has Announced A Dividend Of A$0.35

The board of Nick Scali Limited ( ASX:NCK ) has announced that it will pay a dividend of A$0.35 per share on the 18th...
Analysis Article • Aug 13

Nick Scali (ASX:NCK) Will Pay A Dividend Of A$0.35

The board of Nick Scali Limited ( ASX:NCK ) has announced that it will pay a dividend on the 18th of October, with...
Analysis Article • Feb 08

Nick Scali's (ASX:NCK) Shareholders Will Receive A Bigger Dividend Than Last Year

Nick Scali Limited ( ASX:NCK ) will increase its dividend from last year's comparable payment on the 28th of March to...
Analysis Article • Nov 24

Is It Too Late To Consider Buying Nick Scali Limited (ASX:NCK)?

While Nick Scali Limited ( ASX:NCK ) might not be the most widely known stock at the moment, it saw a double-digit...
Analysis Article • Sep 27

Nick Scali's (ASX:NCK) Dividend Will Be Increased To A$0.35

Nick Scali Limited ( ASX:NCK ) will increase its dividend from last year's comparable payment on the 24th of October to...
Analysis Article • Sep 07

Nick Scali (ASX:NCK) Has Announced That It Will Be Increasing Its Dividend To A$0.35

The board of Nick Scali Limited ( ASX:NCK ) has announced that it will be paying its dividend of A$0.35 on the 24th of...

Earnings and Revenue Growth Forecasts

ASX:NCK - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/20286179515317510
6/30/20275678313415610
6/30/20265367511713610
12/31/202551369122147N/A
9/30/202550463111131N/A
6/30/202549558101115N/A
3/31/20254946391108N/A
12/31/20244936881101N/A
9/30/20244807492116N/A
6/30/202446881103131N/A
3/31/202445982117139N/A
12/31/202345084131147N/A
9/30/202347992128142N/A
6/30/2023508101125138N/A
3/31/2023526102122138N/A
12/31/2022545102119138N/A
9/30/202249388111130N/A
6/30/202244175103122N/A
3/31/202241276101119N/A
12/31/202138277100116N/A
9/30/202137881112128N/A
6/30/202137384125140N/A
3/31/202133573118134N/A
12/31/202029661111128N/A
9/30/20202795297110N/A
6/30/2020262428492N/A
3/31/2020263406673N/A
12/31/2019264384853N/A
9/30/201926640N/A49N/A
6/30/201926842N/A45N/A
3/31/201926642N/A46N/A
12/31/201826443N/A47N/A
9/30/201825742N/A45N/A
6/30/201825141N/A43N/A
3/31/201824741N/A44N/A
12/31/201724240N/A45N/A
9/30/201723839N/A44N/A
6/30/201723337N/A43N/A
3/31/201722635N/A42N/A
12/31/201621932N/A41N/A
9/30/201621129N/A36N/A
6/30/201620326N/A32N/A
3/31/201619224N/A27N/A
12/31/201518121N/A22N/A
9/30/201516819N/A21N/A
6/30/201515617N/A19N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NCK's forecast earnings growth (11.1% per year) is above the savings rate (3.6%).

Earnings vs Market: NCK's earnings (11.1% per year) are forecast to grow slower than the Australian market (12.1% per year).

High Growth Earnings: NCK's earnings are forecast to grow, but not significantly.

Revenue vs Market: NCK's revenue (7.4% per year) is forecast to grow faster than the Australian market (6.3% per year).

High Growth Revenue: NCK's revenue (7.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NCK's Return on Equity is forecast to be high in 3 years time (30.4%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 20:24
End of Day Share Price 2026/06/03 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nick Scali Limited is covered by 20 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas KierathBarrenjoey Markets Pty Limited
Peter MarksBarrenjoey Markets Pty Limited
Daniel MorganBarrenjoey Markets Pty Limited