NRC Group ASA, together with its subsidiaries, engages in the infrastructure business in Norway, Sweden, and Finland.
Reasonable growth potential and fair value.
Share Price & News
How has NRC Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NRC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NRC underperformed the Norwegian Construction industry which returned -26.7% over the past year.
Return vs Market: NRC underperformed the Norwegian Market which returned -24.3% over the past year.
Price Volatility Vs. Market
How volatile is NRC Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StCould The NRC Group ASA (OB:NRC) Ownership Structure Tell Us Something Useful?
1 month ago | Simply Wall StNRC Group (OB:NRC) Takes On Some Risk With Its Use Of Debt
3 months ago | Simply Wall StCan You Imagine How Elated NRC Group's (OB:NRC) Shareholders Feel About Its 330% Share Price Gain?
Is NRC Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NRC (NOK29.8) is trading below our estimate of fair value (NOK41.54)
Significantly Below Fair Value: NRC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NRC is unprofitable, so we can't compare its PE Ratio to the Construction industry average.
PE vs Market: NRC is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NRC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NRC is good value based on its PB Ratio (0.8x) compared to the XE Construction industry average (0.9x).
How is NRC Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NRC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.7%).
Earnings vs Market: NRC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NRC's is expected to become profitable in the next 3 years.
Revenue vs Market: NRC's revenue (7.2% per year) is forecast to grow faster than the Norwegian market (2.9% per year).
High Growth Revenue: NRC's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NRC's Return on Equity is forecast to be low in 3 years time (8.3%).
How has NRC Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NRC is currently unprofitable.
Growing Profit Margin: NRC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NRC is unprofitable, and losses have increased over the past 5 years at a rate of -22.5% per year.
Accelerating Growth: Unable to compare NRC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NRC is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (6.3%).
Return on Equity
High ROE: NRC has a negative Return on Equity (-6.9%), as it is currently unprofitable.
How is NRC Group's financial position?
Financial Position Analysis
Short Term Liabilities: NRC's short term assets (NOK1.8B) do not cover its short term liabilities (NOK1.8B).
Long Term Liabilities: NRC's short term assets (NOK1.8B) exceed its long term liabilities (NOK1.5B).
Debt to Equity History and Analysis
Debt Level: NRC's debt to equity ratio (61.7%) is considered high.
Reducing Debt: NRC's debt to equity ratio has increased from 0.5% to 61.7% over the past 5 years.
Inventory Level: NRC has a low level of unsold assets or inventory.
Debt Coverage by Assets: NRC's debt is covered by short term assets (assets are 1.4x debt).
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: NRC has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: NRC has been profitable on average in the past, therefore cash runway is not a concern.
What is NRC Group's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NRC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NRC'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 NRC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NRC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NRC is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NRC's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Henning Olsen (41yo)
Mr. Henning Olsen serves as Chief Executive Officer NRC Group ASA since March 19, 2019. Mr. Olsen comes from the position as executive vice president in AF Gruppen, where he has been responsible for the Bu ...
|Chief Financial Officer||4.08yrs||kr3.01m||0.068% NOK1.5m|
|Managing Director of Norway||2.08yrs||kr1.90m||0.030% NOK685.0k|
|Chief Executive Officer||1.08yrs||no data||0.057% NOK1.3m|
|Head of Administration||no data||no data||no data|
|Legal Counsel||no data||kr3.05m||no data|
|Managing Director of Blom Finland||7.25yrs||no data||no data|
|Managing Director of Blom UK||no data||no data||no data|
|Managing Director of Blom Germany||no data||no data||no data|
|Managing Director of Svensk Järnvägsteknik AB||6.25yrs||no data||no data|
|Managing Director of Blom Sweden||no data||no data||no data|
Experienced Management: NRC's management team is considered experienced (4.1 years average tenure).
|Board Member||1.75yrs||no data||no data|
|Board Member||4.67yrs||no data||0.14% NOK3.1m|
|Chairman of the Board||4.33yrs||no data||0.15% NOK3.4m|
|Board Member||4.92yrs||no data||no data|
|Board Member||4.58yrs||no data||0.0021% NOK46.4k|
|Independent Director||1.25yrs||no data||no data|
|Independent Director||1.25yrs||no data||0.0014% NOK30.8k|
Experienced Board: NRC's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NRC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.1%.
NRC Group ASA's company bio, employee growth, exchange listings and data sources
- Name: NRC Group ASA
- Ticker: NRC
- Exchange: OB
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: kr2.252b
- Shares outstanding: 72.87m
- Website: https://www.nrcgroup.com
Number of Employees
- NRC Group ASA
- Lysaker Torg 25
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NRC||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Jun 1992|
|0DSJ||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Jun 1992|
|NNRR.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 1992|
|NRCO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Jun 1992|
NRC Group ASA, together with its subsidiaries, engages in the infrastructure business in Norway, Sweden, and Finland. It provides rail, harbor, and road related infrastructure services, including groundwork, specialized track work, safety, electro, telecom, and signaling systems, as well as project management, maintenance, and environmental services. The company was formerly known as Blom ASA and changed its name to NRC Group ASA in May 2015. NRC Group ASA is headquartered in Lysaker, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 20:35|
|End of Day Share Price||2020/04/03 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.