NWF Group (AIM:NWF) - Share price, News & Analysis

NWF fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	5/6
Dividends	4/6

NWF Stock Overview

NWF Group plc, together with its subsidiaries, primarily engages in the sale and distribution of fuel oils in the United Kingdom.

Risk Analysis

Dividend of 3.32% is not well covered by earnings

Large one-off items impacting financial results

Profit margins (0.1%) are lower than last year (1.3%)

NWF Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NWF Group
Historical stock prices
Current Share Price	UK£2.17
52 Week High	UK£2.40
52 Week Low	UK£1.83
Beta	0.49
1 Month Change	0.93%
3 Month Change	9.05%
1 Year Change	-0.46%
3 Year Change	30.72%
5 Year Change	60.15%
Change since IPO	317.31%

Recent News & Updates

May 14

NWF Group's (LON:NWF) Returns On Capital Are Heading Higher

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Feb 03

NWF Group (LON:NWF) Will Pay A Dividend Of UK£0.01

NWF Group plc's ( LON:NWF ) investors are due to receive a payment of UK£0.01 per share on 3rd of May. This means that...

Shareholder Returns

	NWF	GB Oil and Gas	GB Market
7D	1.9%	4.6%	3.6%
1Y	-0.5%	18.4%	-2.5%

Return vs Industry: NWF underperformed the UK Oil and Gas industry which returned 18.4% over the past year.

Return vs Market: NWF exceeded the UK Market which returned -2.5% over the past year.

Price Volatility

Is NWF's price volatile compared to industry and market?
NWF volatility
NWF Average Weekly Movement	5.7%
Oil and Gas Industry Average Movement	10.0%
Market Average Movement	6.1%
10% most volatile stocks in GB Market	11.8%
10% least volatile stocks in GB Market	3.2%

Stable Share Price: NWF is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: NWF's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1871	1,200	Richard Whiting	https://www.nwf.co.uk

NWF Group plc, together with its subsidiaries, primarily engages in the sale and distribution of fuel oils in the United Kingdom. It operates through Fuels, Food, and Feeds segments. The Fuels segment sells domestic heating, industrial, and road fuels.

NWF Group Fundamentals Summary

How do NWF Group's earnings and revenue compare to its market cap?
NWF fundamental statistics
Market Cap	UK£106.62m
Earnings (TTM)	UK£1.00m
Revenue (TTM)	UK£768.80m

106.6x

P/E Ratio

0.1x

P/S Ratio

Is NWF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
NWF income statement (TTM)
Revenue	UK£768.80m
Cost of Revenue	UK£729.20m
Gross Profit	UK£39.60m
Other Expenses	UK£38.60m
Earnings	UK£1.00m

Last Reported Earnings

Nov 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.02
Gross Margin	5.15%
Net Profit Margin	0.13%
Debt/Equity Ratio	14.3%

How did NWF perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

353%

Payout Ratio

Valuation

Is NWF Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

106.63x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: NWF (£2.17) is trading above our estimate of fair value (£1.97)

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

Price To Earnings Ratio

PE vs Industry: NWF is poor value based on its PE Ratio (106.6x) compared to the UK Oil and Gas industry average (10.3x).

PE vs Market: NWF is poor value based on its PE Ratio (106.6x) compared to the UK market (15.3x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: NWF is overvalued based on its PB Ratio (2x) compared to the GB Oil and Gas industry average (1.1x).

Future Growth

How is NWF Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

1.7%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if NWF's forecast earnings growth is above the savings rate (0.9%).

Earnings vs Market: Insufficient data to determine if NWF's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NWF's revenue (1.7% per year) is forecast to grow slower than the UK market (4.1% per year).

High Growth Revenue: NWF's revenue (1.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if NWF's Return on Equity is forecast to be high in 3 years time

Past Performance

How has NWF Group performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

2.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NWF has a large one-off loss of £8.7M impacting its November 30 2021 financial results.

Growing Profit Margin: NWF's current net profit margins (0.1%) are lower than last year (1.3%).

Past Earnings Growth Analysis

Earnings Trend: NWF's earnings have grown by 2% per year over the past 5 years.

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

Earnings vs Industry: NWF had negative earnings growth (-88.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (344.7%).

Return on Equity

High ROE: NWF's Return on Equity (1.9%) is considered low.

Financial Health

How is NWF Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: NWF's short term assets (£99.9M) do not cover its short term liabilities (£103.3M).

Long Term Liabilities: NWF's short term assets (£99.9M) exceed its long term liabilities (£40.3M).

Debt to Equity History and Analysis

Debt Level: NWF's net debt to equity ratio (13.4%) is considered satisfactory.

Reducing Debt: NWF's debt to equity ratio has reduced from 56% to 14.3% over the past 5 years.

Debt Coverage: NWF's debt is well covered by operating cash flow (297.4%).

Interest Coverage: NWF's interest payments on its debt are well covered by EBIT (15.6x coverage).

Balance Sheet

Dividend

What is NWF Group current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

3.32%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NWF's dividend (3.32%) is higher than the bottom 25% of dividend payers in the UK market (1.79%).

High Dividend: NWF's dividend (3.32%) is low compared to the top 25% of dividend payers in the UK market (4.82%).

Stability and Growth of Payments

Stable Dividend: NWF's dividends per share have been stable in the past 10 years.

Growing Dividend: NWF's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (353%), NWF's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (17.4%), NWF's dividend payments are well covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Energy industry.

Management

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

4.9yrs

Average management tenure

CEO

Richard Whiting (57 yo)

no data

Tenure

UK£764,000

Compensation

Mr. Richard A. Whiting, BA, serves as the Chief Executive Officer of NWF Group plc. Mr. Whiting has been an Executive Director of NWF Group plc since October 1, 2007 and previously served as its Chief Exec...

CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD947.69K) is above average for companies of similar size in the UK market ($USD317.47K).

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

Leadership Team

Experienced Management: NWF's management team is considered experienced (4.9 years average tenure).

Board Members

Experienced Board: NWF's board of directors are considered experienced (5.1 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.

Recent Insider Transactions

Ownership Breakdown

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

Data	Last Updated (UTC time)
Company Analysis	2022/05/18 00:00
End of Day Share Price	2022/05/18 00:00
Earnings	2021/11/30
Annual Earnings	2021/05/31