Novem Group Past Earnings Performance
Past criteria checks 2/6
Novem Group has been growing earnings at an average annual rate of 34.5%, while the Auto Components industry saw earnings growing at 16.3% annually. Revenues have been growing at an average rate of 0.5% per year. Novem Group's return on equity is 54.5%, and it has net margins of 6.9%.
Key information
34.5%
Earnings growth rate
-31.4%
EPS growth rate
| Auto Components Industry Growth | 17.3% |
| Revenue growth rate | 0.5% |
| Return on equity | 54.5% |
| Net Margin | 6.9% |
| Next Earnings Update | 29 May 2024 |
Recent past performance updates
Recent updates
It's Down 25% But Novem Group S.A. (ETR:NVM) Could Be Riskier Than It Looks
Mar 19
Novem Group's (ETR:NVM) Returns On Capital Not Reflecting Well On The Business
Sep 20Shareholders Can Be Confident That Novem Group's (ETR:NVM) Earnings Are High Quality
Feb 23Novem Group S.A. (ETR:NVM) Released Earnings Last Week And Analysts Lifted Their Price Target To €16.17
Feb 19Revenue & Expenses BreakdownBeta
How Novem Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 660 | 46 | 179 | 0 |
| 30 Sep 23 | 688 | 53 | 180 | 0 |
| 30 Jun 23 | 694 | 55 | 174 | 0 |
| 31 Mar 23 | 700 | 50 | 172 | 0 |
| 31 Dec 22 | 686 | 64 | 167 | 0 |
| 30 Sep 22 | 678 | 53 | 165 | 0 |
| 30 Jun 22 | 640 | 44 | 163 | 0 |
| 31 Mar 22 | 615 | 44 | 162 | 0 |
| 31 Dec 21 | 639 | 35 | 163 | 0 |
| 30 Sep 21 | 642 | 28 | 163 | 0 |
| 30 Jun 21 | 673 | 37 | 160 | 0 |
| 31 Mar 21 | 603 | 10 | 149 | 0 |
| 31 Mar 20 | 652 | 4 | 161 | 0 |
| 31 Mar 19 | 711 | 3 | 166 | 0 |
Quality Earnings: NVM has high quality earnings.
Growing Profit Margin: NVM's current net profit margins (6.9%) are lower than last year (9.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NVM's earnings have grown significantly by 34.5% per year over the past 5 years.
Accelerating Growth: NVM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NVM had negative earnings growth (-29.2%) over the past year, making it difficult to compare to the Auto Components industry average (0.2%).
Return on Equity
High ROE: Whilst NVM's Return on Equity (54.53%) is outstanding, this metric is skewed due to their high level of debt.