NOEJ Stock Overview
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.
NORMA Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€21.74|
|52 Week High||€45.64|
|52 Week Low||€20.20|
|1 Month Change||-9.49%|
|3 Month Change||-14.95%|
|1 Year Change||-51.41%|
|3 Year Change||-37.89%|
|5 Year Change||-53.25%|
|Change since IPO||4.52%|
Recent News & Updates
We Think NORMA Group (ETR:NOEJ) Can Stay On Top Of Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
NORMA Group (ETR:NOEJ) Will Pay A Larger Dividend Than Last Year At €0.75
The board of NORMA Group SE ( ETR:NOEJ ) has announced that it will be increasing its dividend on the 20th of May to...
|NOEJ||DE Machinery||DE Market|
Return vs Industry: NOEJ underperformed the German Machinery industry which returned -32.5% over the past year.
Return vs Market: NOEJ underperformed the German Market which returned -23.9% over the past year.
|NOEJ Average Weekly Movement||6.3%|
|Machinery Industry Average Movement||4.8%|
|Market Average Movement||5.6%|
|10% most volatile stocks in DE Market||10.0%|
|10% least volatile stocks in DE Market||2.8%|
Stable Share Price: NOEJ is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NOEJ's weekly volatility (6%) has been stable over the past year.
About the Company
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 quick connectors, hose clamps, retaining clamps, and pipe couplings. The company sells its products to distributors, original equipment manufacturer aftermarket customers, technical wholesalers, and hardware stores under the ABA, Breeze, Clamp-All, CONNECTORS, FISH, Gemi, Kimplas, NDS, NORMA, Raindrip, R.G.RAY, Serflex, TORCA, and TRUSTLENE brand names through its distribution network, sales representatives, retailers, and importers.
NORMA Group Fundamentals Summary
|NOEJ fundamental statistics|
Is NOEJ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NOEJ income statement (TTM)|
|Cost of Revenue||€506.30m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 10, 2022
|Earnings per share (EPS)||1.65|
|Net Profit Margin||4.71%|
How did NOEJ perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Is NOEJ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NOEJ?
Other financial metrics that can be useful for relative valuation.
|What is NOEJ's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NOEJ's PE Ratio compare to its peers?
|NOEJ PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SLT Schaltbau Holding
KSB KSB SE KGaA
MUB Mühlbauer Holding
NOEJ NORMA Group
Price-To-Earnings vs Peers: NOEJ is good value based on its Price-To-Earnings Ratio (13.2x) compared to the peer average (28.5x).
Price to Earnings Ratio vs Industry
How does NOEJ's PE Ratio compare vs other companies in the DE Machinery Industry?
Price-To-Earnings vs Industry: NOEJ is good value based on its Price-To-Earnings Ratio (13.2x) compared to the German Machinery industry average (15.3x)
Price to Earnings Ratio vs Fair Ratio
What is NOEJ'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.
|Current PE Ratio||13.2x|
|Fair PE Ratio||23.7x|
Price-To-Earnings vs Fair Ratio: NOEJ is good value based on its Price-To-Earnings Ratio (13.2x) compared to the estimated Fair Price-To-Earnings Ratio (23.7x).
Share Price vs Fair Value
What is the Fair Price of NOEJ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NOEJ (€21.74) is trading below our estimate of fair value (€67.6)
Significantly Below Fair Value: NOEJ is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: NOEJ is good value based on its PEG Ratio (0.7x)
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How is NORMA Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOEJ's forecast earnings growth (19.6% per year) is above the savings rate (-0.01%).
Earnings vs Market: NOEJ's earnings (19.6% per year) are forecast to grow faster than the German market (8.4% per year).
High Growth Earnings: NOEJ's earnings are forecast to grow, but not significantly.
Revenue vs Market: NOEJ's revenue (5.7% per year) is forecast to grow faster than the German market (4.7% per year).
High Growth Revenue: NOEJ's revenue (5.7% 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 (12%).
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How has NORMA Group performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOEJ has high quality earnings.
Growing Profit Margin: NOEJ's current net profit margins (4.7%) are higher than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: NOEJ's earnings have declined by 23.6% per year over the past 5 years.
Accelerating Growth: NOEJ's earnings growth over the past year (249.2%) exceeds its 5-year average (-23.6% per year).
Earnings vs Industry: NOEJ earnings growth over the past year (249.2%) exceeded the Machinery industry 82.5%.
Return on Equity
High ROE: NOEJ's Return on Equity (7.6%) is considered low.
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How is NORMA Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NOEJ's short term assets (€632.6M) exceed its short term liabilities (€351.9M).
Long Term Liabilities: NOEJ's short term assets (€632.6M) exceed its long term liabilities (€509.5M).
Debt to Equity History and Analysis
Debt Level: NOEJ's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: NOEJ's debt to equity ratio has reduced from 110.7% to 69.5% over the past 5 years.
Debt Coverage: NOEJ's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: NOEJ's interest payments on its debt are well covered by EBIT (11.7x coverage).
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What is NORMA Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NOEJ's dividend (3.45%) is higher than the bottom 25% of dividend payers in the German market (1.48%).
High Dividend: NOEJ's dividend (3.45%) is low compared to the top 25% of dividend payers in the German market (4.56%).
Stability and Growth of Payments
Stable Dividend: NOEJ's dividend payments have been volatile in the past 10 years.
Growing Dividend: NOEJ's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.5%), NOEJ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.9%), NOEJ's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Schneider (59 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 14, 2019. Dr. Schneider had been the Chief Finan...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD2.80M) is above average for companies of similar size in the German market ($USD1.42M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Management: NOEJ's management team is considered experienced (2.2 years average tenure).
Experienced Board: NOEJ's board of directors are considered experienced (6.8 years average tenure).
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 employee growth, exchange listings and data sources
- Name: NORMA Group SE
- Ticker: NOEJ
- Exchange: XTRA
- Founded: 1896
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: €692.689m
- Shares outstanding: 31.86m
- Website: https://www.normagroup.com
Number of Employees
- NORMA Group SE
- Edisonstrasse 4
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/04 00:00|
|End of Day Share Price||2022/07/04 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.