Norcros plc

BATS-CHIXE:NXRl Stock Report

Market Cap: UK£216.4m

Norcros Valuation

Is NXRl undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NXRl when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
UK£2.32
Fair Value
4.3% overvalued intrinsic discount
6
Number of Analysts

Below Fair Value: NXRl (£2.42) is trading above our estimate of fair value (£2.32)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NXRl?

Key metric: As NXRl is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NXRl. This is calculated by dividing NXRl's market cap by their current earnings.
What is NXRl's PE Ratio?
PE Ratio24.3x
EarningsUK£8.90m
Market CapUK£216.39m

Price to Earnings Ratio vs Peers

How does NXRl's PE Ratio compare to its peers?

The above table shows the PE ratio for NXRl vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.1x
ECEL Eurocell
12.7x22.3%UK£158.8m
EPWN Epwin Group
14.3x15.2%UK£130.5m
ALU Alumasc Group
12.3x9.7%UK£107.2m
JHD James Halstead
17.3x4.1%UK£716.9m
NXRl Norcros
24.3x39.6%UK£216.4m

Price-To-Earnings vs Peers: NXRl is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the peer average (14.1x).

Price to Earnings Ratio vs Industry

How does NXRl's PE Ratio compare vs other companies in the European Building Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies12PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NXRl is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the European Building industry average (20.2x).

Price to Earnings Ratio vs Fair Ratio

What is NXRl'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.

NXRl PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.3x
Fair PE Ratio25.8x

Price-To-Earnings vs Fair Ratio: NXRl is good value based on its Price-To-Earnings Ratio (24.3x) compared to the estimated Fair Price-To-Earnings Ratio (25.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NXRl forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£2.42
UK£3.65
+50.8%
17.7%UK£4.79UK£2.90n/a6
Jan ’26UK£2.56
UK£3.61
+40.9%
18.4%UK£4.79UK£2.90n/a6
Dec ’25UK£2.52
UK£3.61
+43.1%
18.4%UK£4.79UK£2.90n/a6
Nov ’25UK£2.71
UK£3.56
+31.2%
20.3%UK£4.79UK£2.60n/a6
Oct ’25UK£2.44
UK£3.56
+45.8%
20.3%UK£4.79UK£2.60n/a6
Sep ’25UK£2.22
UK£3.56
+60.2%
20.3%UK£4.79UK£2.60n/a6
Aug ’25UK£2.34
UK£3.56
+52.0%
20.3%UK£4.79UK£2.60n/a6
Jul ’25UK£2.30
UK£3.44
+49.6%
21.5%UK£4.79UK£2.60n/a6
Jun ’25UK£2.19
UK£3.09
+41.1%
18.7%UK£4.00UK£2.20n/a5
May ’25UK£1.90
UK£3.11
+63.7%
18.6%UK£4.00UK£2.20n/a5
Apr ’25UK£1.85
UK£3.11
+68.1%
18.6%UK£4.00UK£2.20n/a5
Mar ’25UK£1.85
UK£3.11
+68.6%
18.6%UK£4.00UK£2.20n/a5
Feb ’25UK£1.86
UK£3.08
+65.8%
20.8%UK£4.00UK£2.20n/a4
Jan ’25UK£1.92
UK£3.08
+60.6%
20.8%UK£4.00UK£2.20UK£2.564
Dec ’24UK£1.70
UK£3.08
+81.4%
20.8%UK£4.00UK£2.20UK£2.524
Nov ’24UK£1.43
UK£3.21
+125.4%
20.5%UK£4.00UK£2.20UK£2.714
Oct ’24n/a
UK£3.21
0%
20.5%UK£4.00UK£2.20UK£2.444
Sep ’24UK£1.50
UK£3.21
+114.2%
20.5%UK£4.00UK£2.20UK£2.224
Aug ’24UK£1.65
UK£3.21
+94.7%
20.5%UK£4.00UK£2.20UK£2.344
Jul ’24UK£1.71
UK£2.95
+72.5%
18.6%UK£3.50UK£2.20UK£2.303
Jun ’24UK£1.75
UK£3.02
+72.4%
15.2%UK£3.50UK£2.40UK£2.193
May ’24UK£1.84
UK£3.02
+64.4%
15.2%UK£3.50UK£2.40UK£1.903
Apr ’24UK£1.85
UK£3.18
+72.1%
17.5%UK£3.65UK£2.40UK£1.853
Mar ’24UK£1.99
UK£3.18
+60.0%
17.5%UK£3.65UK£2.40UK£1.853
Feb ’24UK£2.08
UK£3.18
+53.0%
17.5%UK£3.65UK£2.40UK£1.863
Jan ’24n/a
UK£3.18
0%
17.5%UK£3.65UK£2.40UK£1.923
Analyst Price Target
Consensus Narrative from 6 Analysts
UK£3.66
Fair Value
33.9% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/14 06:10
End of Day Share Price 2025/01/14 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Norcros plc is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert ChantryBerenberg
Michael O'BrienCanaccord Genuity
Richard HickinbothamCantor Fitzgerald Europe