NHL

Nictus HoldingsNMSE:NHL Stock Report

Last Price

R1.75

Market Cap

R91.8m

7D

0%

1Y

10.1%

Updated

19 Jan, 2022

Data

Company Financials
NHL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

NHL Stock Overview

Nictus Holdings Limited, together with its subsidiaries, retails motor vehicles, tires, and furniture in Namibia.

Price History & Performance

Summary of all time highs, changes and price drops for Nictus Holdings
Historical stock prices
Current Share PriceR1.75
52 Week HighR1.80
52 Week LowR1.75
Beta0.014
1 Month Change0%
3 Month Changen/a
1 Year Change10.06%
3 Year Change-2.78%
5 Year Changen/a
Change since IPO-30.00%

Recent News & Updates

Shareholder Returns

NHLNA Specialty RetailNA Market
7D0%3.6%0.3%
1Y10.1%35.5%1.4%

Return vs Industry: NHL underperformed the NA Specialty Retail industry which returned 35.5% over the past year.

Return vs Market: NHL exceeded the NA Market which returned 1.4% over the past year.

Price Volatility

Is NHL's price volatile compared to industry and market?
NHL volatility
NHL Average Weekly Movementn/a
Specialty Retail Industry Average Movement3.9%
Market Average Movement4.8%
10% most volatile stocks in NA Market10.2%
10% least volatile stocks in NA Market2.2%

Stable Share Price: Insufficient data to determine NHL's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine NHL's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1945413Philippus de W. Tromphttps://www.nictusholdings.com

Nictus Holdings Limited, together with its subsidiaries, retails motor vehicles, tires, and furniture in Namibia. It operates through three segments: Retail, Properties, and Insurance and Finance. The Retail segment sells multi-brand tires, retreaded tires, wheels, and allied services under the TrenTyre name.

Nictus Holdings Fundamentals Summary

How do Nictus Holdings's earnings and revenue compare to its market cap?
NHL fundamental statistics
Market CapN$91.78m
Earnings (TTM)N$21.98m
Revenue (TTM)N$696.17m

4.2x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NHL income statement (TTM)
RevenueN$696.17m
Cost of RevenueN$502.83m
Gross ProfitN$193.34m
ExpensesN$171.36m
EarningsN$21.98m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.42
Gross Margin27.77%
Net Profit Margin3.16%
Debt/Equity Ratio35.4%

How did NHL perform over the long term?

See historical performance and comparison

Dividends

10.3%

Current Dividend Yield

43%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NHL (ZAR1.75) is trading below our estimate of fair value (ZAR7.91)

Significantly Below Fair Value: NHL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NHL is good value based on its PE Ratio (4.2x) compared to the African Specialty Retail industry average (10x).

PE vs Market: NHL is good value based on its PE Ratio (4.2x) compared to the NA market (7.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NHL is good value based on its PB Ratio (0.5x) compared to the XF Specialty Retail industry average (1.6x).


Future Growth

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

11.1%

Forecasted Retail 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 Nictus Holdings 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.


Past Performance

How has Nictus Holdings performed over the past 5 years?

-6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NHL has high quality earnings.

Growing Profit Margin: NHL's current net profit margins (3.2%) are higher than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: NHL's earnings have declined by 6.4% per year over the past 5 years.

Accelerating Growth: NHL's earnings growth over the past year (163.5%) exceeds its 5-year average (-6.4% per year).

Earnings vs Industry: NHL earnings growth over the past year (163.5%) exceeded the Specialty Retail industry 73.2%.


Return on Equity

High ROE: NHL's Return on Equity (12.5%) is considered low.


Financial Health

How is Nictus Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: NHL's short term assets (NAD1.1B) do not cover its short term liabilities (NAD1.6B).

Long Term Liabilities: NHL's short term assets (NAD1.1B) exceed its long term liabilities (NAD67.3M).


Debt to Equity History and Analysis

Debt Level: NHL has more cash than its total debt.

Reducing Debt: NHL's debt to equity ratio has reduced from 83.1% to 35.4% over the past 5 years.

Debt Coverage: NHL's debt is well covered by operating cash flow (179%).

Interest Coverage: NHL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

10.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NHL's dividend (10.29%) is higher than the bottom 25% of dividend payers in the NA market (4.58%).

High Dividend: NHL's dividend (10.29%) is in the top 25% of dividend payers in the NA market (10.06%)


Stability and Growth of Payments

Stable Dividend: NHL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: NHL has only been paying a dividend for 9 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43%), NHL's dividend payments are well 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?

6.3yrs

Average board tenure


CEO

Philippus de W. Tromp (45 yo)

4.75yrs

Tenure

N$2,849,000

Compensation

Mr. Philippus J. de W. Tromp, B.Econ, EDP: USB, SMP: USB, has been Non-Executive Director of Nictus Limited since 2012. Mr. de W. Tromp is Group Managing Director of Nictus Holdings Limited since April 4,...


Board Members

Experienced Board: NHL's board of directors are considered experienced (6.3 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Nictus Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Nictus Holdings Limited
  • Ticker: NHL
  • Exchange: NMSE
  • Founded: 1945
  • Industry: Automotive Retail
  • Sector: Retail
  • Implied Market Cap: R91.806m
  • Shares outstanding: 52.46m
  • Website: https://www.nictusholdings.com

Number of Employees


Location

  • Nictus Holdings Limited
  • Nictus Building
  • 1st Floor
  • Windhoek
  • Namibia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 17:01
End of Day Share Price2021/12/10 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.