AIM:NAR

Stock Analysis Report

Executive Summary

Northamber plc, together with its subsidiaries, distributes computers, peripheral equipment, and related services to resellers in the United Kingdom.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-2.3%

NAR

-0.004%

GB Electronic

1.9%

GB Market


1 Year Return

46.6%

NAR

5.7%

GB Electronic

2.4%

GB Market

Return vs Industry: NAR exceeded the UK Electronic industry which returned 5.7% over the past year.

Return vs Market: NAR exceeded the UK Market which returned 2.4% over the past year.


Shareholder returns

NARIndustryMarket
7 Day-2.3%-0.004%1.9%
30 Day0%-5.4%-1.1%
90 Day0%-5.2%-1.8%
1 Year47.6%46.6%7.4%5.7%7.4%2.4%
3 Year31.4%28.8%45.3%38.7%18.2%3.7%
5 Year27.3%21.4%117.7%99.3%35.7%6.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.69x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: NAR (£0.43) is trading above our estimate of fair value (£0.4)

Significantly Undervalued: NAR is trading above our estimate of fair value.


Price To Earnings Ratio

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

PE vs Market: NAR is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NAR is good value based on its PB Ratio (0.7x) compared to the GB Electronic industry average (2.1x).


Next Steps

Future Growth

How is Northamber forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.2%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Northamber has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Northamber performed over the past 5 years?

11.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NAR is unprofitable, but has reduced losses over the past 5 years at a rate of 11.7% per year.

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

Earnings vs Industry: NAR is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-7.7%).


Return on Equity

High ROE: NAR has a negative Return on Equity (-3.78%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: NAR is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: NAR is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Northamber's financial position?


Financial Position Analysis

Short Term Liabilities: NAR's short term assets (£14.8M) exceeds its short term liabilities (£5.6M)

Long Term Liabilities: NAR has no long term liabilities


Debt to Equity History and Analysis

Debt Level: NAR is debt free.

Reducing Debt: NAR has not had any debt for past 5 years.


Balance Sheet

Inventory Level: NAR has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if NAR's debt is covered by short term assets.


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: Insufficient data to determine if NAR has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if NAR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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

0.47%

Current Dividend Yield


Dividend Yield vs Market

company0.5%marketbottom25%2.0%markettop25%5.4%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: NAR's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2%).

High Dividend: NAR's dividend (0.47%) is low compared to the top 25% of dividend payers in the UK market (5.42%).

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

Growing Dividend: NAR 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: NAR is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NAR's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

What is the CEO of Northamber's salary, the management and board of directors tenure and is there insider trading?

3.7yrs

Average board tenure


CEO

Northamber has no CEO, or we have no data on them.


Board Age and Tenure

3.7yrs

Average Tenure

63yo

Average Age

Experienced Board: NAR's board of directors are considered experienced (3.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • David Phillips (74yo)

    Founder & Executive Chairman

    • Tenure: 0yrs
    • Compensation: UK£12.00k
  • S. Yoganathan

    CFO & Company Secretary

    • Tenure: 0yrs
  • John Henry (57yo)

    Operations Director & Executive Director

    • Tenure: 7.7yrs
    • Compensation: UK£87.00k

Board Members

  • David Phillips (74yo)

    Founder & Executive Chairman

    • Tenure: 0yrs
    • Compensation: UK£12.00k
  • John Henry (57yo)

    Operations Director & Executive Director

    • Tenure: 7.7yrs
    • Compensation: UK£87.00k
  • Geoff Walters (67yo)

    Non-Executive Director

    • Tenure: 3.7yrs
    • Compensation: UK£20.00k
  • Colin Thompson (59yo)

    Non-Executive Director

    • Tenure: 0.7yrs

Company Information

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


Key Information

  • Name: Northamber plc
  • Ticker: NAR
  • Exchange: AIM
  • Founded: 1980
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: UK£11.616m
  • Shares outstanding: 27.33m
  • Website: https://www.northamber.com

Number of Employees


Location

  • Northamber plc
  • Namber House
  • 23 Davis Road
  • Chessington
  • Surrey
  • KT9 1HS
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NARAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJan 1992

Biography

Northamber plc, together with its subsidiaries, distributes computers, peripheral equipment, and related services to resellers in the United Kingdom. The company sells tablets, computer accessories, mice a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 21:02
End of Day Share Price2019/10/16 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.