Novisource N.V. provides business consultancy solutions in the Netherlands.
Adequate balance sheet with poor track record.
Share Price & News
How has Novisource's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NOVI has not had significant price volatility in the past 3 months.
7 Day Return
NL Commercial Services
1 Year Return
NL Commercial Services
Return vs Industry: NOVI underperformed the Dutch Commercial Services industry which returned 10.7% over the past year.
Return vs Market: NOVI underperformed the Dutch Market which returned 9.1% over the past year.
Price Volatility Vs. Market
How volatile is Novisource's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StWhat Does Novisource N.V.'s (AMS:NOVI) P/E Ratio Tell You?
3 weeks ago | Simply Wall StBased On Its ROE, Is Novisource N.V. (AMS:NOVI) A High Quality Stock?
1 month ago | Simply Wall StWhat Kind Of Shareholders Own Novisource N.V. (AMS:NOVI)?
Is Novisource undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NOVI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NOVI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NOVI is poor value based on its PE Ratio (33x) compared to the Commercial Services industry average (19.4x).
PE vs Market: NOVI is poor value based on its PE Ratio (33x) compared to the Dutch market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NOVI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NOVI is overvalued based on its PB Ratio (2.6x) compared to the XE Commercial Services industry average (1.7x).
How is Novisource forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services 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 Novisource 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.
- Examine Novisource's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Novisource competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has Novisource performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOVI has a high level of non-cash earnings.
Growing Profit Margin: NOVI's current net profit margins (2.3%) are lower than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: NOVI has become profitable over the past 5 years, growing earnings by 50.5% per year.
Accelerating Growth: NOVI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NOVI had negative earnings growth (-72.7%) over the past year, making it difficult to compare to the Commercial Services industry average (10.9%).
Return on Equity
High ROE: NOVI's Return on Equity (7.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Novisource's financial position?
Financial Position Analysis
Short Term Liabilities: NOVI's short term assets (€4.8M) exceed its short term liabilities (€3.1M).
Long Term Liabilities: NOVI's short term assets (€4.8M) exceed its long term liabilities (€413.0K).
Debt to Equity History and Analysis
Debt Level: NOVI's debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NOVI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NOVI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NOVI's interest payments on its debt are well covered by EBIT (17.4x coverage).
Inventory Level: NOVI has a low level of unsold assets or inventory.
Debt Coverage by Assets: NOVI's debt is covered by short term assets (assets are 7.5x debt).
What is Novisource's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NOVI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NOVI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NOVI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NOVI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NOVI's dividend in 3 years as they are not forecast to pay a notable one for the Dutch market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Frank Lagerveld (58yo)
Mr. Frank Camille Lagerveld, also known as Frank LL.M has been Senior Consultant and Partner of WissemaGroup since 2003. Mr. Lagerveld has been Group Chief Executive Officer of Novisource N.V. since Decemb ...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD99.64K) is below average for companies of similar size in the Dutch market ($USD433.30K).
Compensation vs Earnings: Insufficient data to compare Frank's compensation with company performance.
|CFO & Member of the Supervisory Board||0yrs||€255.60k||no data|
|Member of the Supervisory Board||0yrs||€318.00k||no data|
|Chairman of Supervisory Board||3.3yrs||€30.00k||no data|
|Member of Supervisory Board||3.3yrs||€60.00k||no data|
|Member of Supervisory Board||3.3yrs||€40.00k||no data|
Experienced Board: NOVI's board of directors are considered experienced (3.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Novisource N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Novisource N.V.
- Ticker: NOVI
- Exchange: ENXTAM
- Founded: 2001
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: €11.868m
- Shares outstanding: 11.75m
- Website: https://www.novisource.nl
Number of Employees
- Novisource N.V.
- Hoogoorddreef 56L
- 9th Floor
- 1101 BE
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NOVI||ENXTAM (Euronext Amsterdam)||Yes||Class B Common Shares||NL||EUR||Feb 2014|
|0QR5||LSE (London Stock Exchange)||Yes||Class B Common Shares||GB||EUR||Feb 2014|
Novisource N.V. provides business consultancy solutions in the Netherlands. The company offers consultancy services in the areas of regulatory change, digital transformation, information security, and information services. Novisource N.V. was founded in 2001 and is based in Amsterdam, the Netherlands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 22:46|
|End of Day Share Price||2020/02/19 00:00|
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.