AIM:NBB

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Executive Summary

Norman Broadbent plc, together with its subsidiaries, provides professional services in the United Kingdom and internationally.


Snowflake Analysis

Acceptable track record with worrying balance sheet.


Similar Companies

Share Price & News

How has Norman Broadbent's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-12.7%

NBB

5.1%

GB Professional Services

2.8%

GB Market


1 Year Return

-12.7%

NBB

2.0%

GB Professional Services

-7.7%

GB Market

Return vs Industry: NBB underperformed the UK Professional Services industry which returned 2% over the past year.

Return vs Market: NBB underperformed the UK Market which returned -7.7% over the past year.


Shareholder returns

NBBIndustryMarket
7 Day-12.7%5.1%2.8%
30 Day-20.0%2.3%2.2%
90 Day-16.5%11.4%9.2%
1 Year-12.7%-12.7%4.4%2.0%-4.0%-7.7%
3 Year-54.3%-54.3%32.1%23.1%-3.4%-15.0%
5 Year-58.3%-58.3%103.8%84.7%20.4%-6.4%

Price Volatility Vs. Market

How volatile is Norman Broadbent's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Norman Broadbent undervalued compared to its fair value and its price relative to the market?

117.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NBB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NBB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NBB is poor value based on its PE Ratio (117.6x) compared to the GB Professional Services industry average (15.8x).

PE vs Market: NBB is poor value based on its PE Ratio (117.6x) compared to the UK market (16.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NBB's PB Ratio (1.9x) is in line with the GB Professional Services industry average.


Next Steps

Future Growth

How is Norman Broadbent forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.7%

Forecasted Commercial Services 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 Norman Broadbent 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 Norman Broadbent performed over the past 5 years?

3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NBB has high quality earnings.

Growing Profit Margin: NBB became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NBB has become profitable over the past 5 years, growing earnings by 3.8% per year.

Accelerating Growth: NBB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NBB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Professional Services industry (-13.4%).


Return on Equity

High ROE: NBB's Return on Equity (6.2%) is considered low.


Next Steps

Financial Health

How is Norman Broadbent's financial position?


Financial Position Analysis

Short Term Liabilities: NBB's short term assets (£3.4M) do not cover its short term liabilities (£3.6M).

Long Term Liabilities: NBB has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NBB's debt to equity ratio (78.3%) is considered high.

Reducing Debt: NBB's debt to equity ratio has increased from 40.1% to 78.3% over the past 5 years.

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

Interest Coverage: NBB's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Norman Broadbent current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate NBB'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 NBB's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NBB'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?

4.3yrs

Average management tenure


CEO

Mike Brennan (54 yo)

4.33yrs

Tenure

UK£292,000

Compensation

Mr. Michael John Brennan, also known as Mike, has been Group Chief Executive Officer at Norman Broadbent Plc since April 2016. Mr. Brennan has the responsibility of leading the next stage of Norman Broadbe ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD382.04K) is about average for companies of similar size in the UK market ($USD352.24K).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Brennan
Group CEO & Executive Director4.33yrsUK£292.00k2.08%
£ 53.8k
Gary Browning
Consultant and Strategic Advisor to the Board & CEO3yrsno datano data
Stephen Smith
COO, CFO & Director0.42yrno data0.093%
£ 2.4k
Mark Soden
Managing Director of Technology4.92yrsno datano data
Krystyna Nowak
Managing Director of Board Practiceno datano datano data
Minesh Ghelani
Managing Director of NB Solutions4.25yrsno datano data
Angela Hickmore
Managing Director4.58yrsno data0.15%
£ 4.0k
Renu Vijh
Managing Director of Life Sciences5.33yrsno datano data
Jacqui Pinnell
Group Head of Research & Insight3.83yrsno datano data
Tim Hammett
Head of Executive Search & Managing Partner3.5yrsno datano data
Richard Robinson
Company Secretaryno dataUK£14.00kno data
Joyce Disco
Board Practice Consultant7.58yrsno datano data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Management: NBB's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Brennan
Group CEO & Executive Director4.33yrsUK£292.00k2.08%
£ 53.8k
Stephen Smith
COO, CFO & Director0.42yrno data0.093%
£ 2.4k
Brian Stephens
Independent Senior Non-Executive Directorno dataUK£20.00k0.62%
£ 16.1k
Fiona McAnena
Non-Executive Director1.92yrsUK£20.00k0.12%
£ 3.0k

1.9yrs

Average Tenure

54yo

Average Age

Experienced Board: NBB's board of directors are not considered experienced ( 1.9 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: NBB 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

Norman Broadbent plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Norman Broadbent plc
  • Ticker: NBB
  • Exchange: AIM
  • Founded: 1936
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: UK£2.587m
  • Shares outstanding: 53.89m
  • Website: https://www.normanbroadbent.com

Number of Employees


Location

  • Norman Broadbent plc
  • Millbank Tower
  • 21-24 Millbank
  • London
  • Greater London
  • SW1P 4QP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NBBAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMar 1994

Biography

Norman Broadbent plc, together with its subsidiaries, provides professional services in the United Kingdom and internationally. The company offers a portfolio of integrated leadership acquisition and advis ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 10:23
End of Day Share Price2020/08/13 00:00
Earnings2019/12/31
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.