BME:NBI

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NBI Bearings Europe

Executive Summary

NBI Bearings Europe, S.A. engages in the design, production, and sale of bearings worldwide. More Details


Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has NBI Bearings Europe's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NBI is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: NBI's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

0.5%

NBI

2.5%

ES Machinery

0.2%

ES Market


1 Year Return

3.8%

NBI

21.7%

ES Machinery

0.3%

ES Market

Return vs Industry: NBI underperformed the Spanish Machinery industry which returned 19.7% over the past year.

Return vs Market: NBI exceeded the Spanish Market which returned -2.3% over the past year.


Shareholder returns

NBIIndustryMarket
7 Day0.5%2.5%0.2%
30 Day0.9%4.0%1.0%
90 Day8.5%8.4%-0.5%
1 Year3.8%3.8%24.4%21.7%3.2%0.3%
3 Year144.2%139.6%13.1%6.2%-1.4%-10.3%
5 Year307.8%300.0%50.1%31.9%12.1%-4.8%

Long-Term Price Volatility Vs. Market

How volatile is NBI Bearings Europe's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is NBI Bearings Europe undervalued compared to its fair value and its price relative to the market?

35.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NBI (€4.36) is trading above our estimate of fair value (€0.42)

Significantly Below Fair Value: NBI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NBI is poor value based on its PE Ratio (35.6x) compared to the ES Machinery industry average (28.6x).

PE vs Market: NBI is poor value based on its PE Ratio (35.6x) compared to the Spanish market (22.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NBI is overvalued based on its PB Ratio (3.5x) compared to the ES Machinery industry average (2.2x).


Next Steps

Future Growth

How is NBI Bearings Europe forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.4%

Forecasted Capital Goods 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 NBI Bearings Europe 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.


Next Steps

Past Performance

How has NBI Bearings Europe performed over the past 5 years?

29.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NBI has high quality earnings.

Growing Profit Margin: NBI's current net profit margins (6.5%) are lower than last year (7%).


Past Earnings Growth Analysis

Earnings Trend: NBI's earnings have grown significantly by 29.2% per year over the past 5 years.

Accelerating Growth: NBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NBI had negative earnings growth (-13.9%) over the past year, making it difficult to compare to the Machinery industry average (-21.1%).


Return on Equity

High ROE: NBI's Return on Equity (8.1%) is considered low.


Next Steps

Financial Health

How is NBI Bearings Europe's financial position?


Financial Position Analysis

Short Term Liabilities: NBI's short term assets (€43.1M) exceed its short term liabilities (€7.5M).

Long Term Liabilities: NBI's short term assets (€43.1M) exceed its long term liabilities (€38.4M).


Debt to Equity History and Analysis

Debt Level: NBI's debt to equity ratio (245.9%) is considered high.

Reducing Debt: Insufficient data to determine if NBI's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: NBI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: NBI's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Next Steps

Dividend

What is NBI Bearings Europe current dividend yield, its reliability and sustainability?

0.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NBI's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the Spanish market (1.72%).

High Dividend: NBI's dividend (0.92%) is low compared to the top 25% of dividend payers in the Spanish market (5.26%).


Stability and Growth of Payments

Stable Dividend: NBI is not paying a notable dividend for the Spanish market, therefore no need to check if payments are stable.

Growing Dividend: NBI is not paying a notable dividend for the Spanish market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: NBI is not paying a notable dividend for the Spanish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NBI's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

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

6.1yrs

Average board tenure


CEO

NBI Bearings Europe has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Olatz Gutierrez Oriozola
Secretary & Director6.08yrsno datano data
Roberto Martinez Martinez de la Iglesia
Chairman of the Board of Directors6.08yrsno data50.9%
€ 25.8m
Jose Gonzalles Calles
Member of the Board of Directors6.08yrsno datano data

6.1yrs

Average Tenure

52yo

Average Age

Experienced Board: NBI's board of directors are considered experienced (6.1 years average tenure).


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

NBI Bearings Europe, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NBI Bearings Europe, S.A.
  • Ticker: NBI
  • Exchange: BME
  • Founded: NaN
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €50.668m
  • Shares outstanding: 11.78m
  • Website: https://www.nbibearings.com

Number of Employees


Location

  • NBI Bearings Europe, S.A.
  • Pol. Industrial Basauri
  • Nave 6-10
  • Okondo
  • Basque Country
  • 1409
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NBIBME (Bolsas y Mercados Espanoles)YesShare CapitalESEURApr 2015

Biography

NBI Bearings Europe, S.A. engages in the design, production, and sale of bearings worldwide. It offers ball bearings, cylindrical roller bearings, tapered roller bearings, spherical roller bearings, needle...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 18:41
End of Day Share Price2021/03/05 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.