AIM:NBI

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Northbridge Industrial Services

Executive Summary

Northbridge Industrial Services plc, together with its subsidiaries, engages in the manufacture, hiring, and sale of specialist industrial equipment worldwide. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Northbridge Industrial Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NBI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.8%

NBI

-1.4%

GB Electrical

-2.0%

GB Market


1 Year Return

-41.7%

NBI

-7.9%

GB Electrical

-14.5%

GB Market

Return vs Industry: NBI underperformed the UK Electrical industry which returned -6.1% over the past year.

Return vs Market: NBI underperformed the UK Market which returned -14.2% over the past year.


Shareholder returns

NBIIndustryMarket
7 Day-2.8%-1.4%-2.0%
30 Day-16.1%6.6%-1.7%
90 Day-22.5%10.4%-4.2%
1 Year-41.7%-41.7%-7.8%-7.9%-11.3%-14.5%
3 Year-31.6%-31.6%-12.9%-16.5%-9.0%-20.3%
5 Year0%0%177.3%-87.8%15.3%-10.6%

Price Volatility Vs. Market

How volatile is Northbridge Industrial Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Northbridge Industrial Services undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NBI (£0.71) is trading below our estimate of fair value (£1.52)

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


Price To Earnings Ratio

PE vs Industry: NBI is unprofitable, so we can't compare its PE Ratio to the GB Electrical industry average.

PE vs Market: NBI is unprofitable, so we can't compare its PE Ratio to the UK market.


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 good value based on its PB Ratio (0.7x) compared to the GB Electrical industry average (2.3x).


Next Steps

Future Growth

How is Northbridge Industrial Services forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

68.9%

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 Northbridge Industrial Services 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 Northbridge Industrial Services performed over the past 5 years?

15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NBI is currently unprofitable.

Growing Profit Margin: NBI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NBI is unprofitable, but has reduced losses over the past 5 years at a rate of 15.6% per year.

Accelerating Growth: Unable to compare NBI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NBI is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-13.9%).


Return on Equity

High ROE: NBI has a negative Return on Equity (-26.79%), as it is currently unprofitable.


Next Steps

Financial Health

How is Northbridge Industrial Services's financial position?


Financial Position Analysis

Short Term Liabilities: NBI's short term assets (£18.6M) exceed its short term liabilities (£14.5M).

Long Term Liabilities: NBI's short term assets (£18.6M) exceed its long term liabilities (£7.6M).


Debt to Equity History and Analysis

Debt Level: NBI's debt to equity ratio (32.8%) is considered satisfactory.

Reducing Debt: NBI's debt to equity ratio has reduced from 40% to 32.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable NBI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: NBI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.5% per year.


Next Steps

Dividend

What is Northbridge Industrial Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NBI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NBI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NBI's dividend payments have been increasing.


Current Payout to Shareholders

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


Next Steps

Management

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

3.9yrs

Average board tenure


CEO

Eric Hook (66 yo)

no data

Tenure

UK£331,000

Compensation

Mr. Eric W. Hook serves as the Chief Executive at Northbridge Industrial Services PLC. Mr. Hook worked at The Longville Group until 2003 to establish Northbridge Industrial Services plc in 2003. He worked ...


CEO Compensation Analysis

Compensation vs Market: Eric's total compensation ($USD429.84K) is about average for companies of similar size in the UK market ($USD355.19K).

Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Eric Hook
Chief Executive & Directorno dataUK£331.00k2.54%
£ 499.1k
Iwan Phillips
CFO, Group Finance Director4.33yrsUK£214.00k0.036%
£ 7.0k
Ian Gardner
Divisional Managing Director of Global Oil Tools Operations & Executive Director6.25yrsUK£259.00k0.13%
£ 26.0k
Ashoni Mehta
Independent Non Executive Director9.5yrsUK£18.00k0.74%
£ 145.9k
Stephen Yapp
Independent Non-Executive Director0.25yrno datano data
Peter Harris
Non-Executive Chairmanno dataUK£60.00k5.69%
£ 1.1m
Nitin Kaul
Independent Non-Executive Director3.42yrsUK£18.00kno data
Judith Aldersey-Williams
Independent Non-Executive Director1.75yrsUK£18.00k0.036%
£ 7.1k

3.9yrs

Average Tenure

55yo

Average Age

Experienced Board: NBI's board of directors are considered experienced (3.9 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Northbridge Industrial Services plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Northbridge Industrial Services plc
  • Ticker: NBI
  • Exchange: AIM
  • Founded: 1983
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Market Cap: UK£19.669m
  • Shares outstanding: 27.90m
  • Website: https://www.northbridgegroup.co.uk

Number of Employees


Location

  • Northbridge Industrial Services plc
  • Second Avenue
  • Centrum 100
  • Burton Upon Trent
  • Staffordshire
  • DE14 2WF
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NBIAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMar 2006

Biography

Northbridge Industrial Services plc, together with its subsidiaries, engages in the manufacture, hiring, and sale of specialist industrial equipment worldwide. The company operates in two segments, Crestch ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 21:46
End of Day Share Price2020/10/19 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.