AIM:NAR

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet and fair value.


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

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

Volatility Over Time: NAR's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0%

NAR

2.1%

GB Electronic

-0.1%

GB Market


1 Year Return

8.5%

NAR

21.4%

GB Electronic

-7.7%

GB Market

Return vs Industry: NAR underperformed the UK Electronic industry which returned 24.5% over the past year.

Return vs Market: NAR exceeded the UK Market which returned -6.5% over the past year.


Shareholder returns

NARIndustryMarket
7 Day0%2.1%-0.1%
30 Day6.5%6.3%4.1%
90 Day-5.7%10.1%14.7%
1 Year9.0%8.5%22.4%21.4%-4.0%-7.7%
3 Year117.5%113.0%56.0%50.0%4.2%-8.5%
5 Year70.0%64.3%182.2%162.4%43.0%15.1%

Long-Term 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?

1.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NAR (£0.58) is trading above our estimate of fair value (£0.05)

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


Price To Earnings Ratio

PE vs Industry: NAR is good value based on its PE Ratio (1.9x) compared to the GB Electronic industry average (34.1x).

PE vs Market: NAR is good value based on its PE Ratio (1.9x) compared to the UK market (23.1x).


Price to Earnings Growth Ratio

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 (0.6x) compared to the GB Electronic industry average (2.5x).


Next Steps

Future Growth

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

24.9%

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?

3.3%

Last years revenue growth


Earnings and Revenue History

Quality Earnings: NAR has a high level of non-cash earnings.

Growing Profit Margin: NAR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NAR has become profitable over the past 5 years.

Accelerating Growth: NAR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NAR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-4.3%).


Return on Equity

High ROE: NAR's Return on Equity (32.4%) is considered high.


Next Steps

Financial Health

How is Northamber's financial position?


Financial Position Analysis

Short Term Liabilities: NAR's short term assets (£27.3M) exceed its short term liabilities (£7.5M).

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.

Debt Coverage: NAR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NAR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

1.04%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NAR's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.5%).

High Dividend: NAR's dividend (1.04%) is low compared to the top 25% of dividend payers in the UK market (4.55%).


Stability and Growth of Payments

Stable Dividend: NAR's dividend payments have been volatile in the past 10 years.

Growing Dividend: NAR's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (2%), NAR's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average board tenure


CEO

Alex Phillips (34 yo)

0.33

Tenure

Mr. Alexander Michael Phillips, also known as Alex, is Managing Director at Northamber plc since September 1, 2020. He serves as an Executive Director at Northamber plc since February 6, 2020 and served as...


Board Members

NamePositionTenureCompensationOwnership
John Henry
Operations Director & Executive Director8.92yrsUK£87.00kno data
Alexander Phillips
MD & Executive Director0.33yrno data0.12%
£ 18.8k
Geoffrey Walters
Independent Non-Executive Director4.92yrsUK£20.00kno data
Colin Thompson
Non-Executive Chairman0.25yrUK£7.00k0.053%
£ 8.3k

2.9yrs

Average Tenure

59yo

Average Age

Experienced Board: NAR's board of directors are not considered experienced ( 2.9 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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£15.658m
  • Shares outstanding: 27.23m
  • 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 Analysis2021/01/21 18:44
End of Day Share Price2021/01/21 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.