LSE:NANO

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Executive Summary

Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of cadmium and heavy-metal-free quantum dots (CFQD), and semiconductor nanomaterials for use in various commercial applications. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Nanoco Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

2.6%

NANO

-2.0%

GB Semiconductor

-3.7%

GB Market


1 Year Return

-28.7%

NANO

-28.6%

GB Semiconductor

-19.3%

GB Market

Return vs Industry: NANO exceeded the UK Semiconductor industry which returned -26.8% over the past year.

Return vs Market: NANO underperformed the UK Market which returned -17.2% over the past year.


Shareholder returns

NANOIndustryMarket
7 Day2.6%-2.0%-3.7%
30 Day-24.5%1.5%-4.2%
90 Day-38.0%-4.3%-4.3%
1 Year-28.7%-28.7%-28.5%-28.6%-16.2%-19.3%
3 Year-58.1%-58.1%-63.3%-64.0%-13.3%-24.0%
5 Year-80.8%-80.8%-5.9%-9.5%10.2%-14.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

4.08x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: NANO is unprofitable, so we can't compare its PE Ratio to the XE Semiconductor industry average.

PE vs Market: NANO 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 NANO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NANO is overvalued based on its PB Ratio (4.1x) compared to the GB Semiconductor industry average (1x).


Next Steps

Future Growth

How is Nanoco Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

35.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NANO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NANO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NANO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: NANO's revenue is expected to decline over the next 3 years (-46.4% per year).

High Growth Revenue: NANO's revenue is forecast to decline over the next 3 years (-46.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Nanoco Group performed over the past 5 years?

21.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NANO is currently unprofitable.

Growing Profit Margin: NANO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NANO is unprofitable, but has reduced losses over the past 5 years at a rate of 21.8% per year.

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

Earnings vs Industry: NANO is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-20.3%).


Return on Equity

High ROE: NANO has a negative Return on Equity (-69.95%), as it is currently unprofitable.


Next Steps

Financial Health

How is Nanoco Group's financial position?


Financial Position Analysis

Short Term Liabilities: NANO's short term assets (£7.2M) exceed its short term liabilities (£3.4M).

Long Term Liabilities: NANO's short term assets (£7.2M) exceed its long term liabilities (£1.3M).


Debt to Equity History and Analysis

Debt Level: NANO's debt to equity ratio (6.4%) is considered satisfactory.

Reducing Debt: NANO's debt to equity ratio has increased from 0.3% to 6.4% 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: NANO has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NANO has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.7% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if NANO'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 NANO'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?

1.5yrs

Average board tenure


CEO

Brian Tenner (51 yo)

0.083

Tenure

UK£345,480

Compensation

Mr. Brian Thomas Tenner ACA., has been a Chief Operating Officer, Chief Financial Officer and Director at Nanoco Group plc since August 20, 2018 and served as its Company Secretary until September 01, 2020 ...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD448.51K) is about average for companies of similar size in the UK market ($USD353.11K).

Compensation vs Earnings: Insufficient data to compare Brian's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Brian Tenner
CEO, COO0.083yrUK£345.48k0.19%
£ 60.8k
Nigel Pickett
Co-Founder11.5yrsUK£300.00k3.68%
£ 1.2m
Christopher Batterham
Independent Non Executive Director1.5yrsUK£15.00k0.050%
£ 15.8k
Alison Fielding
Senior Independent Director1.5yrsUK£41.00k0.078%
£ 24.5k
Christopher G. Richards
Independent Non-Executive Chairman1yrUK£90.00k0.21%
£ 64.5k

1.5yrs

Average Tenure

60yo

Average Age

Experienced Board: NANO's board of directors are not considered experienced ( 1.5 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 been diluted in the past year, with total shares outstanding growing by 6.8%.


Top Shareholders

Company Information

Nanoco Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nanoco Group plc
  • Ticker: NANO
  • Exchange: LSE
  • Founded: 2001
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: UK£31.363m
  • Shares outstanding: 305.69m
  • Website: https://www.nanocotechnologies.com

Number of Employees


Location

  • Nanoco Group plc
  • 46 Grafton Street
  • Manchester
  • Greater Manchester
  • M13 9NT
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NANOLSE (London Stock Exchange)YesOrdinary SharesGBGBPJul 2005
GXGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2005
NNOC.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2005
NANOLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJul 2005

Biography

Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of cadmium and heavy-metal-free quantum dots (CFQD), and semiconductor nanomaterials for u ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 20:51
End of Day Share Price2020/10/29 00:00
Earnings2020/07/31
Annual Earnings2020/07/31


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.