company background image
NOVU

Novus Group International NGM:NOVU Stock Report

Last Price

kr4.28

Market Cap

kr44.4m

7D

7.0%

1Y

-28.7%

Updated

04 Oct, 2022

Data

Company Financials
NOVU fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

NOVU Stock Overview

Novus Group International AB operates as an analysis and survey company in Sweden.

Novus Group International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Novus Group International
Historical stock prices
Current Share Pricekr4.28
52 Week Highkr8.20
52 Week Lowkr3.18
Beta0.11
1 Month Change-24.25%
3 Month Change-28.67%
1 Year Change-28.67%
3 Year Change36.31%
5 Year Change12.93%
Change since IPO5.68%

Recent News & Updates

Shareholder Returns

NOVUSE Professional ServicesSE Market
7D7.0%6.7%5.1%
1Y-28.7%-35.0%-24.4%

Return vs Industry: NOVU exceeded the Swedish Professional Services industry which returned -37.5% over the past year.

Return vs Market: NOVU underperformed the Swedish Market which returned -26.1% over the past year.

Price Volatility

Is NOVU's price volatile compared to industry and market?
NOVU volatility
NOVU Average Weekly Movement16.6%
Professional Services Industry Average Movement5.9%
Market Average Movement7.0%
10% most volatile stocks in SE Market11.5%
10% least volatile stocks in SE Market4.3%

Stable Share Price: NOVU is more volatile than 90% of Swedish stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: NOVU's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
200644Torbjorn Sjostromhttps://www.novusopinion.se

Novus Group International AB operates as an analysis and survey company in Sweden. The company offers solutions in the areas of communication, brand, marketing, business development, customer and affiliates, society, media, and opinion. It provides employee surveys, methods and tools, opinion, market research, customer panels, insight forum, online focus groups, and reform panel care services.

Novus Group International Fundamentals Summary

How do Novus Group International's earnings and revenue compare to its market cap?
NOVU fundamental statistics
Market Capkr44.39m
Earnings (TTM)kr4.55m
Revenue (TTM)kr74.22m

9.8x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NOVU income statement (TTM)
Revenuekr74.22m
Cost of Revenuekr38.64m
Gross Profitkr35.57m
Other Expenseskr31.02m
Earningskr4.55m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin47.93%
Net Profit Margin6.13%
Debt/Equity Ratio0.0%

How did NOVU perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

43%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is NOVU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NOVU?

Other financial metrics that can be useful for relative valuation.

NOVU key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA3.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does NOVU's PE Ratio compare to its peers?

NOVU PE Ratio vs Peers
The above table shows the PE ratio for NOVU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average45.1x
ME Modern Ekonomi Sverige Holding
138.7xn/akr135.3m
VIMAB Vimab Group
1.2xn/akr145.1m
EURO Eurocon Consulting
10.3x5.5%kr283.6m
FRNT B Front Ventures
34xn/akr31.1m
NOVU Novus Group International
9.8xn/akr44.4m

Price-To-Earnings vs Peers: NOVU is good value based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (45.1x).


Price to Earnings Ratio vs Industry

How does NOVU's PE Ratio compare vs other companies in the European Professional Services Industry?

Price-To-Earnings vs Industry: NOVU is good value based on its Price-To-Earnings Ratio (9.8x) compared to the European Professional Services industry average (17.4x)


Price to Earnings Ratio vs Fair Ratio

What is NOVU's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NOVU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NOVU's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of NOVU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NOVU (SEK4.28) is trading below our estimate of fair value (SEK42.75)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.1%

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 Novus Group International 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.


Discover growth companies

  • Examine whether Novus Group International is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Novus Group International performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NOVU has high quality earnings.

Growing Profit Margin: NOVU's current net profit margins (6.1%) are lower than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: NOVU's earnings have grown by 6.2% per year over the past 5 years.

Accelerating Growth: NOVU's earnings growth over the past year (2.8%) is below its 5-year average (6.2% per year).

Earnings vs Industry: NOVU earnings growth over the past year (2.8%) underperformed the Professional Services industry 70.2%.


Return on Equity

High ROE: NOVU's Return on Equity (25.2%) is considered high.


Discover strong past performing companies

Financial Health

How is Novus Group International's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NOVU's short term assets (SEK28.3M) exceed its short term liabilities (SEK15.4M).

Long Term Liabilities: NOVU's short term assets (SEK28.3M) do not cover its long term liabilities (SEK-1,000.0).


Debt to Equity History and Analysis

Debt Level: NOVU is debt free.

Reducing Debt: NOVU had no debt 5 years ago.

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

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


Balance Sheet


Discover healthy companies

Dividend

What is Novus Group International current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.44%

Current Dividend Yield

Dividend Yield vs Market

Novus Group International Dividend Yield vs Market
How does Novus Group International dividend yield compare to the market?
SegmentDividend Yield
Company (Novus Group International)4.4%
Market Bottom 25% (SE)1.7%
Market Top 25% (SE)6.0%
Industry Average (Professional Services)5.8%
Analyst forecast in 3 Years (Novus Group International)n/a

Notable Dividend: NOVU's dividend (4.44%) is higher than the bottom 25% of dividend payers in the Swedish market (1.81%).

High Dividend: NOVU's dividend (4.44%) is low compared to the top 25% of dividend payers in the Swedish market (6.05%).


Stability and Growth of Payments

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

Growing Dividend: NOVU's dividend payments have increased, but the company has only paid a dividend for 8 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.3%), NOVU's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (33.1%), NOVU's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

4.3yrs

Average management tenure


CEO

Torbjorn Sjostrom

14.75yrs

Tenure

Mr. Torbjorn Sjostrom has been Chief Executve Officer and Director of Novus Group International AB since 2008.


Leadership Team

Experienced Management: NOVU's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: NOVU's board of directors are considered experienced (4.8 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.


Recent Insider Transactions

NGM:NOVU Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
08 Oct 21Buykr61,463Als Invest AbCompany9,994kr6.15

Ownership Breakdown

What is the ownership structure of NOVU?
Owner TypeNumber of SharesOwnership Percentage
Institutions735,3927.1%
Individual Insiders1,132,34410.9%
General Public1,741,80816.8%
Private Companies6,762,70665.2%

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


Top Shareholders

Top 10 shareholders own 83.21% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
61.83%
Als Invest Ab
6,413,162SEK27.4m0%no data
7.09%
Avanza Fonder AB
735,392SEK3.1m0%0.01%
4.82%
Carl Tunberg
499,942SEK2.1m0%no data
3.37%
Aktiebolaget Fredrik Fiedler
349,544SEK1.5m0%no data
2.4%
Torbjorn Sjostrom
248,720SEK1.1m0%no data
1.37%
Kristin Sjostrom
141,951SEK607.6k0%no data
1.16%
Mikael Ohlsson
120,000SEK513.6k0%no data
0.75%
Bertil Jacobson
77,791SEK332.9k0%no data
0.42%
Jan Scherman
43,500SEK186.2k0%no data
0.0042%
Ana Serafimovska
440SEK1.9k0%no data

Company Information

Novus Group International AB's employee growth, exchange listings and data sources


Key Information

  • Name: Novus Group International AB
  • Ticker: NOVU
  • Exchange: NGM
  • Founded: 2006
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Implied Market Cap: kr44.393m
  • Shares outstanding: 10.37m
  • Website: https://www.novusopinion.se

Number of Employees


Location

  • Novus Group International AB
  • Sveavägen 59
  • Stockholm
  • Stockholm County
  • 113 59
  • Sweden


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NOVUNGM (Nordic Growth Market)YesClass A SharesSESEKJun 2007

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/04 00:00
End of Day Share Price2022/10/04 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.