company background image
NEOH

Neochim AD BUL:NEOH Stock Report

Last Price

лв55.00

Market Cap

лв142.2m

7D

-0.9%

1Y

127.3%

Updated

24 Jun, 2022

Data

Company Financials
NEOH fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

NEOH Stock Overview

Neochim AD produces and trades in fertilizers, and inorganic and organic chemical products in Bulgaria and internationally.

Neochim AD Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Neochim AD
Historical stock prices
Current Share Priceлв55.00
52 Week Highлв59.50
52 Week Lowлв20.80
Beta-0.73
1 Month Change-0.90%
3 Month Change17.52%
1 Year Change127.27%
3 Year Change113.18%
5 Year Change-8.33%
Change since IPO-13.40%

Recent News & Updates

Shareholder Returns

NEOHBG ChemicalsBG Market
7D-0.9%1.0%0.5%
1Y127.3%-15.3%12.3%

Return vs Industry: NEOH exceeded the BG Chemicals industry which returned -17.9% over the past year.

Return vs Market: NEOH exceeded the BG Market which returned 11.6% over the past year.

Price Volatility

Is NEOH's price volatile compared to industry and market?
NEOH volatility
NEOH Average Weekly Movement11.5%
Chemicals Industry Average Movement5.8%
Market Average Movement5.7%
10% most volatile stocks in BG Market9.9%
10% least volatile stocks in BG Market2.7%

Stable Share Price: NEOH is more volatile than 90% of BG stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: NEOH's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of BG stocks.

About the Company

FoundedEmployeesCEOWebsite
1951787Dimitar Dimitrovhttps://www.neochim.bg

Neochim AD produces and trades in fertilizers, and inorganic and organic chemical products in Bulgaria and internationally. It offers nitrogen, nitric acid, ammonium hydrogencarbonate, ammonium nitrate EC fertilizer, ammonia anhydrous, ammonia aqueous solution, desalinated water, carbon dioxide, nitrous oxide, ureaformaldehyde resin, oxygen gaseous, sodium nitrate, formalin, magnesium nitrate solution, polyamide, polyamide alkaline, polypropylene glass reinforced, and injection moulded products, as well as fertilizer blends. The company also exports its products.

Neochim AD Fundamentals Summary

How do Neochim AD's earnings and revenue compare to its market cap?
NEOH fundamental statistics
Market Capлв142.23m
Earnings (TTM)лв100.38m
Revenue (TTM)лв550.20m

1.4x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEOH income statement (TTM)
Revenueлв550.20m
Cost of Revenueлв344.15m
Gross Profitлв206.05m
Other Expensesлв105.67m
Earningsлв100.38m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)38.82
Gross Margin37.45%
Net Profit Margin18.24%
Debt/Equity Ratio1.0%

How did NEOH perform over the long term?

See historical performance and comparison

Dividends

9.1%

Current Dividend Yield

13%

Payout Ratio

Does NEOH pay a reliable dividends?

See NEOH dividend history and benchmarks
When do you need to buy NEOH by to receive an upcoming dividend?
Neochim AD dividend dates
Ex Dividend DateJul 04 2022
Dividend Pay DateAug 17 2022
Days until Ex dividend9 days
Days until Dividend pay date53 days

Does NEOH pay a reliable dividends?

See NEOH dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

NEOH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.1x
Enterprise Value/EBITDA0.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

NEOH PE Ratio vs Peers
The above table shows the PE ratio for NEOH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.1x

Price-To-Earnings vs Peers: NEOH is good value based on its Price-To-Earnings Ratio (1.4x) compared to the peer average (11.1x).


Price to Earnings Ratio vs Industry

How does NEOH's PE Ratio compare vs other companies in the Chemicals Industry?

Price-To-Earnings vs Industry: NEOH is good value based on its Price-To-Earnings Ratio (1.4x) compared to the European Chemicals industry average (12x)


Price to Earnings Ratio vs Fair Ratio

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

NEOH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NEOH's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: NEOH (BGN55) is trading below our estimate of fair value (BGN1064.7)

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


Price to Earnings Growth Ratio

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


Discover undervalued companies

Future Growth

How is Neochim AD forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.9%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Neochim AD has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether Neochim AD is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Neochim AD performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


41.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NEOH has a high level of non-cash earnings.

Growing Profit Margin: NEOH's current net profit margins (18.2%) are higher than last year (11.1%).


Past Earnings Growth Analysis

Earnings Trend: NEOH's earnings have grown significantly by 41.3% per year over the past 5 years.

Accelerating Growth: NEOH's earnings growth over the past year (337.7%) exceeds its 5-year average (41.3% per year).

Earnings vs Industry: NEOH earnings growth over the past year (337.7%) exceeded the Chemicals industry 58.3%.


Return on Equity

High ROE: NEOH's Return on Equity (48.6%) is considered outstanding.


Discover strong past performing companies

Financial Health

How is Neochim AD's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NEOH's short term assets (BGN165.8M) exceed its short term liabilities (BGN17.0M).

Long Term Liabilities: NEOH's short term assets (BGN165.8M) exceed its long term liabilities (BGN4.6M).


Debt to Equity History and Analysis

Debt Level: NEOH has more cash than its total debt.

Reducing Debt: NEOH's debt to equity ratio has reduced from 34.7% to 1% over the past 5 years.

Debt Coverage: NEOH's debt is well covered by operating cash flow (2886.3%).

Interest Coverage: NEOH's interest payments on its debt are well covered by EBIT (216x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Neochim AD current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


9.09%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 25 2022Ex Dividend DateJul 04 2022Dividend Pay DateAug 17 202244 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: NEOH's dividend (9.09%) is higher than the bottom 25% of dividend payers in the BG market (2.57%).

High Dividend: NEOH's dividend (9.09%) is in the top 25% of dividend payers in the BG market (7.01%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether NEOH's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if NEOH's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.9%), NEOH's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.2%), NEOH's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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


CEO

Dimitar Dimitrov

no data

Tenure

Mr. Dimitar Stefanov Dimitrov serves as Chief Executive Officer, General Managing Director and Director of Neochim PLC.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Neochim AD's employee growth, exchange listings and data sources


Key Information

  • Name: Neochim AD
  • Ticker: NEOH
  • Exchange: BUL
  • Founded: 1951
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Implied Market Cap: лв142.228m
  • Shares outstanding: 2.59m
  • Website: https://www.neochim.bg

Number of Employees


Location

  • Neochim AD
  • Himkombinatska Street
  • East Industrial Zone
  • Dimitrovgrad
  • 6403
  • Bulgaria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.