NANO

Nanoco GroupLSE:NANO Stock Report

Market Cap

UK£61.7m

7D

2.8%

1Y

52.1%

Updated

17 Sep, 2021

Data

Company Financials +
NANO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

NANO Overview

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.

Price History & Performance

Summary of all time highs, changes and price drops for Nanoco Group
Historical stock prices
Current Share PriceUK£0.20
52 Week HighUK£0.082
52 Week LowUK£0.31
Beta0.57
1 Month Change5.21%
3 Month Change-16.53%
1 Year Change52.11%
3 Year Change-44.28%
5 Year Change-70.73%
Change since IPO-54.09%

Recent News & Updates

Jan 23
How Many Nanoco Group plc (LON:NANO) Shares Did Insiders Buy, In The Last Year?

How Many Nanoco Group plc (LON:NANO) Shares Did Insiders Buy, In The Last Year?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

Shareholder Returns

NANOGB SemiconductorGB Market
7D2.8%4.4%-1.0%
1Y52.1%5.5%19.2%

Return vs Industry: NANO exceeded the UK Semiconductor industry which returned 3.9% over the past year.

Return vs Market: NANO exceeded the UK Market which returned 19.4% over the past year.

Price Volatility

Is NANO's price volatile compared to industry and market?
NANO volatility
NANO Beta0.57
Industry Beta1.31
Market Beta1

Stable Share Price: NANO is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: NANO's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
200172Brian Tennerhttps://www.nanocotechnologies.com

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. The company offers CFQD quantum dots, which are fluorescent semiconductor nanoparticles for OLED and µLED colour conversion, QD-EL, and security tagging applications; CFQD fine color film, an optical film for use in colour conversion applications; HEATWAVE quantum dots for use in the sensor industry applications; copper indium gallium diselenide/sulfide and copper indium diselenide/sulfide nanoparticles for solar spectrum applications; and VIVODOTS nanoparticles for medical and veterinary applications. It has operations in the United Kingdom, rest of Europe, Asia, and the United States.

Valuation

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

11.73x

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 European 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 (11.7x) compared to the GB Semiconductor industry average (3x).


Future Growth

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

26.9%

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 (-15.9% per year).

High Growth Revenue: NANO's revenue is forecast to decline over the next 3 years (-15.9% 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


Past Performance

How has Nanoco Group performed over the past 5 years?

22.6%

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 22.6% 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 (64.3%).


Return on Equity

High ROE: NANO has a negative Return on Equity (-103.32%), as it is currently unprofitable.


Financial Health

How is Nanoco Group's financial position?


Financial Position Analysis

Short Term Liabilities: NANO's short term assets (£4.1M) exceed its short term liabilities (£1.8M).

Long Term Liabilities: NANO's short term assets (£4.1M) exceed its long term liabilities (£957.0K).


Debt to Equity History and Analysis

Debt Level: NANO's debt to equity ratio (9.1%) is considered satisfactory.

Reducing Debt: NANO's debt to equity ratio has increased from 0.3% to 9.1% 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 less than a year of cash runway 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 22.8% each year.


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?

3.1yrs

Average board tenure


CEO

Brian Tenner (52 yo)

1

Tenure

UK£219,000

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD301.21K) is about average for companies of similar size in the UK market ($USD327.00K).

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


Board Members

Experienced Board: NANO's board of directors are considered experienced (3.1 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.


Top Shareholders

Company Information

Nanoco Group plc's 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£61.749m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:28
End of Day Share Price2021/09/17 00:00
Earnings2021/01/31
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.