NCC Group plc

LSE:NCC Stock Report

Market Cap: UK£388.7m

NCC Group Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Mike Maddison

Chief executive officer

UK£1.2m

Total compensation

CEO salary percentage48.79%
CEO tenure4yrs
CEO ownership0.08%
Management average tenure1.5yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Narrative Update Jun 06

NCC: Water Infrastructure And Care Facility Projects Will Support Steady Outlook

Analysts have trimmed their price target for NCC Group from £1.56 to £1.49, citing updated fair value estimates, a slightly higher discount rate, and revised assumptions for future P/E multiples. What's in the News NCC has been commissioned by Sydvatten AB to construct and commission a fully equipped pumping station with backup power at the Ringsjöverket waterworks in Skåne, Sweden, in a construction contract valued at about SEK 170 million.
Narrative Update May 13

NCC: Future Dividend And Care Facility Pipeline Will Support Upside Potential

Analysts have trimmed their price target on NCC Group to £1.56 from £1.61, reflecting updated assumptions for slower revenue growth, lower profit margins, and a much higher future P/E multiple. What's in the News NCC is partnering with Svalövs Samhällslokaler on Lantlyckan, a turnkey residential care facility project in Sweden with 56 apartments and an order value of about SEK 200 million.
New Narrative Mar 04

Cyber Resilience Services And Escode Will Transform Earnings Quality Over The Next Decade

Catalysts About NCC Group NCC Group provides cyber security and software resilience services to help clients improve operational resilience across industries and geographies. What are the underlying business or industry changes driving this perspective?
New Narrative Feb 17

Cyber Demand And Escode Regulation Will Support Resilient Earnings And Balance Sheet

Catalysts About NCC Group NCC Group provides cyber security and software resilience services to help clients improve operational resilience across sectors and regions. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 12

NCC: Share Buybacks And New Contracts Will Support Future Upside

Analysts have reduced their price target on NCC Group from £1.75 to about £1.61, citing updated assumptions around revenue growth, profit margins, discount rates and future P/E multiples. What's in the News NCC has secured an additional project for BAE Systems Hagglunds in Ornskoldsvik, Sweden, covering new modern office and work space, with an approximate contract value of SEK 250 million.
New Narrative Sep 07

Cyber Security Repositioning And AI Automation Will Drive Future Success

Key Takeaways Refocusing on high-value, recurring cyber security contracts and global operational efficiencies positions the company for improved revenue quality and margin recovery. Strategic partnerships, pipeline expansion in regulated sectors, and potential asset sales support future growth, capital returns, and increased market share.
Analysis Article Dec 24

NCC Group (LON:NCC) Is Due To Pay A Dividend Of £0.015

NCC Group plc's ( LON:NCC ) investors are due to receive a payment of £0.015 per share on 4th of April. This makes the...
Analysis Article Jan 28

NCC Group (LON:NCC) Has Announced A Dividend Of £0.015

The board of NCC Group plc ( LON:NCC ) has announced that it will pay a dividend on the 15th of March, with investors...
Analysis Article Sep 30

A Look At The Fair Value Of NCC Group plc (LON:NCC)

Key Insights Using the 2 Stage Free Cash Flow to Equity, NCC Group fair value estimate is UK£1.21 Current share price...
Analysis Article Mar 18

NCC Group (LON:NCC) Seems To Use Debt Rather Sparingly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 05

NCC Group (LON:NCC) Has Announced A Dividend Of £0.015

The board of NCC Group plc ( LON:NCC ) has announced that it will pay a dividend on the 17th of March, with investors...
Analysis Article Oct 25

A Look At The Intrinsic Value Of NCC Group plc (LON:NCC)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of NCC Group plc...
Analysis Article Sep 09

NCC Group (LON:NCC) Is Due To Pay A Dividend Of £0.0315

NCC Group plc ( LON:NCC ) will pay a dividend of £0.0315 on the 11th of November. The dividend yield is 2.1% based on...
Analysis Article Jul 29

At UK£2.15, Is It Time To Put NCC Group plc (LON:NCC) On Your Watch List?

NCC Group plc ( LON:NCC ), is not the largest company out there, but it saw a double-digit share price rise of over 10...
Analysis Article Apr 08

NCC Group (LON:NCC) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

CEO Compensation Analysis

How has Mike Maddison's remuneration changed compared to NCC Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-UK£20m

Dec 31 2025n/an/a

-UK£15m

Sep 30 2025UK£1mUK£566k

-UK£9m

Mar 31 2025n/an/a

-UK£52m

Dec 31 2024n/an/a

-UK£51m

Sep 30 2024UK£1mUK£710k

-UK£50m

May 31 2024n/an/a

-UK£25m

Feb 29 2024n/an/a

-UK£19m

Nov 30 2023n/an/a

-UK£14m

Aug 31 2023n/an/a

-UK£9m

May 31 2023UK£1mUK£449k

-UK£5m

Compensation vs Market: Mike's total compensation ($USD1.55M) is about average for companies of similar size in the UK market ($USD1.23M).

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


CEO

Mike Maddison (57 yo)

4yrs
Tenure
UK£1,160,000
Compensation

Mr. Michael Maddison, also known as Mike, serves as Chief Executive Officer & Executive Director of NCC Group plc since July 07, 2022. He is Head of EY's cyber security, privacy and trusted technology prac...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Maddison
CEO & Executive Director4yrsUK£1.16m0.084%
£ 328.1k
Guy Ellis
CFO & Executive Director3yrsUK£603.00k0.0027%
£ 10.4k
Angela Brown
Chief Marketing Officer3.5yrsno datano data
Michelle Van de Velde
Chief People Officerless than a yearno datano data
Peter Vorley
Chief Commercial Officer1.5yrsno datano data
Tomas Brannemo
Head of Infrastructureless than a yearno datano data
Damien Childs
Chief Delivery Officerless than a yearno datano data
Richard Shenton
Senior Vice President of Transformationless than a yearno datano data
Edward Williams
Company Secretary3.1yrsno datano data
1.5yrs
Average Tenure
55yo
Average Age

Experienced Management: NCC's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Maddison
CEO & Executive Director4yrsUK£1.16m0.084%
£ 328.1k
Guy Ellis
CFO & Executive Director3.1yrsUK£603.00k0.0027%
£ 10.4k
Christopher Michael Stone
Non-Executive Chairman9.3yrsUK£171.00k0.31%
£ 1.2m
Michael Ettling
Independent Non-Executive Director8.8yrsUK£59.00k0.032%
£ 123.2k
Jennifer Duvalier
Independent Non-Executive Director8.3yrsUK£70.00k0.020%
£ 78.3k
Lynn Fordham
Independent Non-Executive Director3.8yrsUK£70.00k0.018%
£ 71.3k
Julie Chakraverty
Senior Independent Non-Executive Director4.5yrsUK£88.00k0.023%
£ 91.2k
4.5yrs
Average Tenure
57yo
Average Age

Experienced Board: NCC's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/15 18:28
End of Day Share Price 2026/07/15 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NCC Group plc is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward JamesBerenberg
Steven RobertsonCanaccord Genuity
Maria StormontDeutsche Bank