OTCPK:NNOC.F

Stock Analysis Report

Executive Summary

Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of cadmium and heavy-metal-free quantum dots (CFQD), and semiconductor nanomaterials for use in various commercial applications.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Nanoco Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NNOC.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

36.8%

NNOC.F

-2.8%

US Semiconductor

-1.1%

US Market


1 Year Return

-48.2%

NNOC.F

35.2%

US Semiconductor

17.8%

US Market

Return vs Industry: NNOC.F underperformed the US Semiconductor industry which returned 35.2% over the past year.

Return vs Market: NNOC.F underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

NNOC.FIndustryMarket
7 Day36.8%-2.8%-1.1%
30 Day92.1%-0.9%1.5%
90 Day90.0%10.9%6.6%
1 Year-48.2%-48.2%37.8%35.2%20.2%17.8%
3 Year-31.6%-31.6%89.8%79.5%47.5%38.1%
5 Year-78.6%-78.6%145.9%122.6%71.2%52.4%

Price Volatility Vs. Market

How volatile is Nanoco Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nanoco Group undervalued compared to its fair value and its price relative to the market?

8.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NNOC.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NNOC.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NNOC.F is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.

PE vs Market: NNOC.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NNOC.F is overvalued based on its PB Ratio (8.6x) compared to the US Semiconductor industry average (3.1x).


Next Steps

Future Growth

How is Nanoco Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

10.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NNOC.F is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NNOC.F is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NNOC.F is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: NNOC.F's revenue (5.1% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: NNOC.F's revenue (5.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if NNOC.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Nanoco Group performed over the past 5 years?

9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NNOC.F is currently unprofitable.

Growing Profit Margin: NNOC.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NNOC.F is unprofitable, but has reduced losses over the past 5 years at a rate of 9.9% per year.

Accelerating Growth: Unable to compare NNOC.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NNOC.F is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-28.7%).


Return on Equity

High ROE: NNOC.F has a negative Return on Equity (-51.13%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Nanoco Group's financial position?


Financial Position Analysis

Short Term Liabilities: NNOC.F's short term assets (£9.5M) exceed its short term liabilities (£4.8M).

Long Term Liabilities: NNOC.F's short term assets (£9.5M) exceed its long term liabilities (£786.0K).


Debt to Equity History and Analysis

Debt Level: NNOC.F's debt to equity ratio (5.1%) is considered satisfactory.

Reducing Debt: NNOC.F's debt to equity ratio has increased from 0.9% to 5.1% over the past 5 years.


Balance Sheet

Inventory Level: NNOC.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: NNOC.F's debt is covered by short term assets (assets are 21.9x 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: NNOC.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NNOC.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 9% each year.


Next Steps

Dividend

What is Nanoco Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate NNOC.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NNOC.F'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 NNOC.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NNOC.F'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 NNOC.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.2yrs

Average board tenure


CEO

Michael Edelman 0

UK£505,000

Compensation

Dr. Michael A. Edelman serves as the Chief Executive Officer of Nanoco Group Plc. Dr. Edelman joined Nanoco in 2004, led the initial fund-raising and spun Nanoco out of the University of Manchester. He ser ...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD654.78K) is about average for companies of similar size in the US market ($USD521.92K).

Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Michael Edelman
CEO & Executive Director0yrsUK£505.00k0.46% £438.0k
Nigel Pickett
Co-Founder10.8yrsUK£300.00k3.87% £3.7m
Brian Tenner
COO, CFO1.5yrsUK£345.48k0.19% £177.0k
Christopher Batterham
Non Executive Director0.8yrsUK£15.00k0.044% £41.3k
Alison Fielding
Senior Independent Director0.8yrsUK£41.00k0.074% £69.6k
Christopher G. Richards
Independent Non-Executive Chairman0.3yrsUK£90.00k0.20% £189.0k

1.2yrs

Average Tenure

59yo

Average Age

Experienced Board: NNOC.F's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NNOC.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.2%.


Top Shareholders

Company Information

Nanoco Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nanoco Group plc
  • Ticker: NNOC.F
  • Exchange: OTCPK
  • Founded: 2001
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: UK£72.983m
  • Listing Market Cap: UK£94.629m
  • Shares outstanding: 286.21m
  • Website: https://www.nanocotechnologies.com

Number of Employees


Location

  • Nanoco Group plc
  • 46 Grafton Street
  • Manchester
  • Greater Manchester
  • M13 9NT
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NANOLSE (London Stock Exchange)YesOrdinary SharesGBGBPJul 2005
GXGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2005
NNOC.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2005
NANOLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJul 2005

Biography

Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of cadmium and heavy-metal-free quantum dots (CFQD), and semiconductor nanomaterials for use in various commercial applications. The company offers cadmium free quantum dots, CFQD quantum dot films, copper indium gallium di-selenide/sulfide nanoparticles, and copper indium di-selenide/sulfide nanoparticles. Its products are used in LCD, LED lighting, solar cells, and biological imaging applications. The company has operations in the United Kingdom, other European countries, Asia, and the United States. Nanoco Group plc was founded in 2001 and is headquartered in Manchester, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 01:15
End of Day Share Price2020/02/21 00:00
Earnings2019/07/31
Annual Earnings2019/07/31


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.