AIM:NASA

Stock Analysis Report

Executive Summary

Nasstar plc, together with its subsidiaries, provides hosted managed and cloud computing services primarily in the United Kingdom.


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: NASA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

NASA

-3.1%

GB IT

0.1%

GB Market


1 Year Return

9.0%

NASA

-0.06%

GB IT

-23.6%

GB Market

Return vs Industry: NASA underperformed the UK IT industry which returned 42.2% over the past year.

Return vs Market: NASA underperformed the UK Market which returned 12.7% over the past year.


Shareholder returns

NASAIndustryMarket
7 Day0%-3.1%0.1%
30 Day0%-17.2%-15.5%
90 Day12.8%-29.1%-27.0%
1 Year9.8%9.0%2.2%-0.06%-19.8%-23.6%
3 Year48.4%45.7%56.7%46.1%-13.5%-24.3%
5 Year51.3%47.8%74.5%60.5%-1.6%-23.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.96x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: NASA (£0.13) is trading above our estimate of fair value (£0.12)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NASA is overvalued based on its PB Ratio (3x) compared to the GB IT industry average (2.8x).


Next Steps

Future Growth

How is Nasstar forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

139.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NASA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).

Earnings vs Market: NASA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: NASA's is expected to become profitable in the next 3 years.

Revenue vs Market: NASA's revenue (7.1% per year) is forecast to grow faster than the UK market (3.6% per year).

High Growth Revenue: NASA's revenue (7.1% 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 NASA's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Nasstar performed over the past 5 years?

5.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NASA is currently unprofitable.

Growing Profit Margin: NASA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NASA is unprofitable, but has reduced losses over the past 5 years at a rate of 5.7% per year.

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

Earnings vs Industry: NASA is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (12.3%).


Return on Equity

High ROE: NASA has a negative Return on Equity (-0.79%), as it is currently unprofitable.


Next Steps

Financial Health

How is Nasstar's financial position?


Financial Position Analysis

Short Term Liabilities: NASA's short term assets (£8.9M) exceed its short term liabilities (£8.3M).

Long Term Liabilities: NASA's short term assets (£8.9M) exceed its long term liabilities (£2.6M).


Debt to Equity History and Analysis

Debt Level: NASA's debt to equity ratio (7.7%) is considered satisfactory.

Reducing Debt: NASA's debt to equity ratio has increased from 2.7% to 7.7% 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: Whilst unprofitable NASA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: NASA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.9% per year.


Next Steps

Dividend

What is Nasstar's current dividend yield, its reliability and sustainability?

0.70%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NASA's dividend (0.71%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: NASA's dividend (0.71%) is low compared to the top 25% of dividend payers in the UK market (4.95%).


Stability and Growth of Payments

Stable Dividend: NASA is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.

Growing Dividend: NASA is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: NASA is not paying a notable dividend for the UK market.


Future Payout to Shareholders

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

5.0yrs

Average management tenure


CEO

Nigel Redwood

6s

Tenure

UK£326,000

Compensation

Mr. Nigel Redwood has been Chief Executive Officer of Nasstar plc since January 2014. Mr. Redwood has been Managing Director at e-know.net Limited since September 2003. He joined e-know.net in 2002 and he ...


CEO Compensation Analysis

Compensation vs Market: Nigel's total compensation ($USD423.46K) is about average for companies of similar size in the UK market ($USD326.43K).

Compensation vs Earnings: Nigel's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Nigel Redwood
CEO & Director6yrsUK£326.00k4.3% £3.2m
Niki Redwood
Finance Director6yrsUK£258.00k4.3% £3.2m
David McCarthy
Managing Director4yrsno datano data
Mark Flynn
Head of Sales3yrsno datano data

5.0yrs

Average Tenure

Experienced Management: NASA's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nigel Redwood
CEO & Director6yrsUK£326.00k4.3% £3.2m
Niki Redwood
Finance Director6yrsUK£258.00k4.3% £3.2m
Michael Read
Non-Executive Director6yrsUK£24.00k0.13% £95.6k
Benjamin Marnham
Non-Executive Director0.25yrno datano data
Nicholas Bate
Group Chairman0.25yrUK£25.00k0.26% £191.2k

6.0yrs

Average Tenure

Experienced Board: NASA's board of directors are considered experienced (6 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

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


Key Information

  • Name: Nasstar plc
  • Ticker: NASA
  • Exchange: AIM
  • Founded: 2005
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: UK£73.314m
  • Shares outstanding: 575.01m
  • Website: https://www.nasstar.com

Number of Employees


Location

  • Nasstar plc
  • Datapoint House
  • 400 Queensway Business Park
  • Telford
  • Shropshire
  • TF1 7UL
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NASAAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 2005
N2ABST (Boerse-Stuttgart)YesOrdinary SharesDEEURDec 2005

Biography

Nasstar plc, together with its subsidiaries, provides hosted managed and cloud computing services primarily in the United Kingdom. The company offers nSecureSign, which enables secure digital signing of various documents; nSecureWeb Gateway, a Web proxy that protects organization’s users from Web based threats; and nMDM, a mobile device management solution, which delivers mobile management platform to manage and secure organization’s mobile devices. It also provides nFileSync, a Dropbox style hosted solution to store corporate data and securely share files; nCrypt, a secure email encryption platform; and Enterprise Mobility Suite, a cloud solution that manages identities, devices, apps, and data. In addition, the company offers hosted desktop, software-as-a-service, managed telephony, managed network, Office 365, managed IT, certification-as-a-service, and professional services, as well as hosted exchange and infrastructure-as-a-service solutions. Further, it provides end user support services; and hosts various software applications on behalf of clients. The company serves the legal, recruitment, finance, government, charity, ISV hosting, media, and property industries. Nasstar plc was incorporated in 2005 and is headquartered in Telford, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/28 22:11
End of Day Share Price2020/01/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.