NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. More Details
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has NORMA Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NOEJ is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: NOEJ's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: NOEJ exceeded the German Machinery industry which returned 15.7% over the past year.
Return vs Market: NOEJ exceeded the German Market which returned 4.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NORMA Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThe Trends At NORMA Group (ETR:NOEJ) That You Should Know About
3 weeks ago | Simply Wall StIf You Had Bought NORMA Group's (ETR:NOEJ) Shares Three Years Ago You Would Be Down 26%
1 month ago | Simply Wall StEstimating The Fair Value Of NORMA Group SE (ETR:NOEJ)
Is NORMA Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NOEJ (€41.7) is trading above our estimate of fair value (€39.4)
Significantly Below Fair Value: NOEJ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NOEJ is poor value based on its PE Ratio (720.8x) compared to the DE Machinery industry average (37.6x).
PE vs Market: NOEJ is poor value based on its PE Ratio (720.8x) compared to the German market (24.6x).
Price to Earnings Growth Ratio
PEG Ratio: NOEJ is poor value based on its PEG Ratio (10.9x)
Price to Book Ratio
PB vs Industry: NOEJ is overvalued based on its PB Ratio (2.2x) compared to the DE Machinery industry average (1.6x).
How is NORMA Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOEJ's forecast earnings growth (66.2% per year) is above the savings rate (0.07%).
Earnings vs Market: NOEJ's earnings (66.2% per year) are forecast to grow faster than the German market (25.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NOEJ's revenue (6% per year) is forecast to grow slower than the German market (6% per year).
High Growth Revenue: NOEJ's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOEJ's Return on Equity is forecast to be low in 3 years time (10.2%).
How has NORMA Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOEJ has a large one-off loss of €13.2M impacting its September 30 2020 financial results.
Growing Profit Margin: NOEJ's current net profit margins (0.2%) are lower than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: NOEJ's earnings have declined by 9.7% per year over the past 5 years.
Accelerating Growth: NOEJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NOEJ had negative earnings growth (-97.5%) over the past year, making it difficult to compare to the Machinery industry average (-48%).
Return on Equity
High ROE: NOEJ's Return on Equity (0.3%) is considered low.
How is NORMA Group's financial position?
Financial Position Analysis
Short Term Liabilities: NOEJ's short term assets (€535.3M) exceed its short term liabilities (€302.3M).
Long Term Liabilities: NOEJ's short term assets (€535.3M) do not cover its long term liabilities (€555.9M).
Debt to Equity History and Analysis
Debt Level: NOEJ's debt to equity ratio (89.9%) is considered high.
Reducing Debt: NOEJ's debt to equity ratio has reduced from 114% to 89.9% over the past 5 years.
Debt Coverage: NOEJ's debt is well covered by operating cash flow (28.3%).
Interest Coverage: NOEJ's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is NORMA Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NOEJ's dividend (0.095%) isn’t notable compared to the bottom 25% of dividend payers in the German market (0.97%).
High Dividend: NOEJ's dividend (0.095%) is low compared to the top 25% of dividend payers in the German market (3.47%).
Stability and Growth of Payments
Stable Dividend: NOEJ is not paying a notable dividend for the German market, therefore no need to check if payments are stable.
Growing Dividend: NOEJ is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: NOEJ is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NOEJ's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Schneider (57 yo)
Dr. Michael Schneider, Ph.D. serves as Chairman of the Management Board at NORMA Group SE since July 31, 2019 and its Chief Executive Officer since November 2019. Dr. Schneider had been the Chief Financial...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD2.18M) is above average for companies of similar size in the German market ($USD1.60M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
|CEO & Chairman of the Management Board||1.5yrs||€1.79m||no data|
|COO & Member of the Management Board||2.25yrs||€1.23m||no data|
|CFO & Member of the Management Board||0.25yr||no data||no data|
|Vice President of Investor Relations||no data||no data||no data|
|President of Global Water Division||0.67yr||no data||no data|
Experienced Management: NOEJ's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|Independent Chairman of Supervisory Board||0.33yr||€75.34k||no data|
|Independent Member of the Supervisory Board||2.67yrs||€60.00k||no data|
|Independent Member of the Supervisory Board||10yrs||€95.00k||no data|
|Independent Member of the Supervisory Board||2.42yrs||€56.14k||no data|
|Independent Vice Chairman of the Supervisory Board||2.67yrs||€91.14k||no data|
Experienced Board: NOEJ's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NORMA Group SE's company bio, employee growth, exchange listings and data sources
- Name: NORMA Group SE
- Ticker: NOEJ
- Exchange: XTRA
- Founded: 1896
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €1.321b
- Shares outstanding: 31.86m
- Website: https://www.normagroup.com/corp/en/home/
Number of Employees
- NORMA Group SE
- Edisonstrasse 4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NOEJ||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 2011|
|NOEJ||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Apr 2011|
|0P38||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Apr 2011|
|NOEJD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Apr 2011|
|NOEJ.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Apr 2011|
|NOEJ||SWX (SIX Swiss Exchange)||Yes||Common Stock||CH||CHF||Apr 2011|
|NOEJ||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Apr 2011|
|NOEJ||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Apr 2011|
NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides q...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/22 18:34|
|End of Day Share Price||2021/01/22 00:00|
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.