| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
NXR Overview
Norcros plc, together with its subsidiaries, designs, manufactures, and distributes bathroom and kitchen products in the United Kingdom and South Africa.
Share Price & News
How has Norcros's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NXR is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NXR's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.7%
NXR
-1.4%
GB Building
-0.2%
GB Market
1 Year Return
94.1%
NXR
70.2%
GB Building
19.4%
GB Market
Return vs Industry: NXR exceeded the UK Building industry which returned 70.2% over the past year.
Return vs Market: NXR exceeded the UK Market which returned 19.2% over the past year.
Shareholder returns
| NXR | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | -1.4% | -0.2% |
| 30 Day | 2.4% | 5.4% | -1.5% |
| 90 Day | -5.7% | 12.2% | 1.3% |
| 1 Year | 99.5%94.1% | 73.4%70.2% | 24.3%19.4% |
| 3 Year | 53.0%41.4% | 69.9%59.4% | 17.6%4.5% |
| 5 Year | 121.4%89.2% | 87.9%66.3% | 36.2%11.3% |
Long-Term Price Volatility Vs. Market
How volatile is Norcros's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Norcros plc (LON:NXR) Popular Amongst Institutions?2 months ago | Simply Wall St
Norcros plc's (LON:NXR) CEO Compensation Is Looking A Bit Stretched At The Moment2 months ago | Simply Wall St
Should Income Investors Look At Norcros plc (LON:NXR) Before Its Ex-Dividend?Norcros Fundamentals Summary
| NXR fundamental statistics | |
|---|---|
| Market Cap | UK£248.58m |
| Earnings (TTM) | UK£15.00m |
| Revenue (TTM) | UK£324.20m |
16.0x
P/E Ratio0.7x
P/S RatioIs NXR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NXR income statement (TTM) | |
|---|---|
| Revenue | UK£324.20m |
| Cost of Revenue | UK£205.80m |
| Gross Profit | UK£118.40m |
| Expenses | UK£103.40m |
| Earnings | UK£15.00m |
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 11, 2021
| Earnings per share (EPS) | 0.19 |
| Gross Margin | 36.52% |
| Net Profit Margin | 4.63% |
| Debt/Equity Ratio | 12.0% |
How did NXR perform over the long term?
See historical performance and comparisonDividends
2.8%
Current Dividend Yield44%
Payout RatioValuation
Is Norcros undervalued compared to its fair value and its price relative to the market?
35.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NXR (£3.07) is trading below our estimate of fair value (£4.57)
Significantly Below Fair Value: NXR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NXR is good value based on its PE Ratio (16.6x) compared to the UK Building industry average (20.5x).
PE vs Market: NXR is good value based on its PE Ratio (16.6x) compared to the UK market (23.8x).
Price to Earnings Growth Ratio
PEG Ratio: NXR is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: NXR is good value based on its PB Ratio (1.7x) compared to the GB Building industry average (2.1x).
Future Growth
How is Norcros forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
13.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NXR's forecast earnings growth (13.1% per year) is above the savings rate (0.9%).
Earnings vs Market: NXR's earnings (13.1% per year) are forecast to grow slower than the UK market (13.2% per year).
High Growth Earnings: NXR's earnings are forecast to grow, but not significantly.
Revenue vs Market: NXR's revenue (5.5% per year) is forecast to grow faster than the UK market (4.9% per year).
High Growth Revenue: NXR's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NXR's Return on Equity is forecast to be high in 3 years time (22.3%)
Past Performance
How has Norcros performed over the past 5 years?
0.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NXR has high quality earnings.
Growing Profit Margin: NXR's current net profit margins (4.6%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: NXR's earnings have grown by 0.2% per year over the past 5 years.
Accelerating Growth: NXR's earnings growth over the past year (37.6%) exceeds its 5-year average (0.2% per year).
Earnings vs Industry: NXR earnings growth over the past year (37.6%) underperformed the Building industry 37.6%.
Return on Equity
High ROE: NXR's Return on Equity (10.1%) is considered low.
Financial Health
How is Norcros's financial position?
Financial Position Analysis
Short Term Liabilities: NXR's short term assets (£171.0M) exceed its short term liabilities (£104.1M).
Long Term Liabilities: NXR's short term assets (£171.0M) exceed its long term liabilities (£59.7M).
Debt to Equity History and Analysis
Debt Level: NXR's debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: NXR's debt to equity ratio has reduced from 122% to 12% over the past 5 years.
Debt Coverage: NXR's debt is well covered by operating cash flow (299.4%).
Interest Coverage: NXR's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
Dividend
What is Norcros's current dividend yield, its reliability and sustainability?
2.76%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NXR's dividend (2.67%) is higher than the bottom 25% of dividend payers in the UK market (1.32%).
High Dividend: NXR's dividend (2.67%) is low compared to the top 25% of dividend payers in the UK market (4%).
Stability and Growth of Payments
Stable Dividend: NXR's dividend payments have been volatile in the past 10 years.
Growing Dividend: NXR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44%), NXR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NXR's dividends in 3 years are forecast to be well covered by earnings (26.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.2yrs
Average management tenure
CEO
Nick Kelsall (64 yo)
10.42yrs
Tenure
UK£815,581
Compensation
Mr. Nicholas P. Kelsall, also known as Nick, A.C.A, has been the Chief Executive Officer at Norcros plc since April 1, 2011 and he also served as Group Finance Director of Norcros from October 1, 1996 to A...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD1.12M) is above average for companies of similar size in the UK market ($USD733.96K).
Compensation vs Earnings: Nick's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: NXR's management team is seasoned and experienced (7.2 years average tenure).
Board Members
Experienced Board: NXR's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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
Norcros plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Norcros plc
- Ticker: NXR
- Exchange: LSE
- Founded: 1999
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: UK£248.584m
- Shares outstanding: 80.97m
- Website: https://www.norcros.com
Number of Employees
Location
- Norcros plc
- Ladyfield House
- Station Road
- Wilmslow
- Cheshire
- SK9 1BU
- United Kingdom
Listings
Biography
Norcros plc, together with its subsidiaries, designs, manufactures, and distributes bathroom and kitchen products in the United Kingdom and South Africa. The company manufactures and distributes electric,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/17 17:38 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
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.