Are You Backing The Right Horse With Northamber plc (LON:NAR)?
Northamber plc (AIM:NAR), is a £7.60M small-cap, which operates in the tech hardware industry based in United Kingdom. The past two decades have experienced unprecedented changes in technology, and the next decade looks equally drastic. While mobile and cloud computing become ubiquitous, there is a new wave of advancement emerging from innovations such as machine learning, robotics and augmented reality. Tech analysts are forecasting for the entire hardware tech industry, a relatively muted growth of 1.02% in the upcoming year , and a single-digit 4.97% growth over the next couple of years. This rate is below the growth rate of the UK stock market as a whole. Is now the right time to pick up some shares in tech companies? Below, I will examine the sector growth prospects, as well as evaluate whether Northamber is lagging or leading its competitors in the industry. See our latest analysis for Northamber
What’s the catalyst for Northamber's sector growth?
Is Northamber and the sector relatively cheap?
Next Steps:
Northamber has been an tech industry laggard in the past year. If Northamber has been on your watchlist for a while, now may be a good time to dig deeper into the stock. Although it delivered lower growth relative to its tech peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation. However, before you make a decision on the stock, I suggest you look at Northamber's fundamentals in order to build a holistic investment thesis.- 1. Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
- 2. Historical Track Record: What has NAR's performance been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- 3. Other High-Growth Alternatives : Are there other high-growth stocks you could be holding instead of Northamber? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!
Valuation is complex, but we're here to simplify it.
Discover if Northamber might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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Simply Wall St analyst Simply Wall St and Simply Wall St have no position in any of the companies mentioned. This article is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
About AIM:NAR
Northamber
Engages in the supply of computer hardware, computer printers and peripheral products, computer telephony products, and other electronic transmission equipment in the United Kingdom.
Flawless balance sheet and good value.
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