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NVS

Novus HoldingsJSE:NVS Stock Report

Market Cap

R584.5m

7D

-0.4%

1Y

150.5%

Updated

22 Oct, 2021

Data

Company Financials
NVS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends2/6

NVS Overview

Novus Holdings Limited engages in the printing and manufacturing businesses in South Africa and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Novus Holdings
Historical stock prices
Current Share PriceR2.28
52 Week HighR0.80
52 Week LowR3.20
Beta-0.39
1 Month Change1.33%
3 Month Change-19.44%
1 Year Change150.55%
3 Year Change-46.98%
5 Year Change-78.59%
Change since IPO-86.43%

Recent News & Updates

Shareholder Returns

NVSZA Commercial ServicesZA Market
7D-0.4%-1.5%-0.7%
1Y150.5%63.4%19.0%

Return vs Industry: NVS exceeded the ZA Commercial Services industry which returned 63.4% over the past year.

Return vs Market: NVS exceeded the ZA Market which returned 19% over the past year.

Price Volatility

Is NVS's price volatile compared to industry and market?
NVS volatility
NVS Beta-0.39
Industry Beta0.91
Market Beta1

Stable Share Price: NVS is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: NVS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19051,741Neil Birchhttps://www.novus.holdings

Novus Holdings Limited engages in the printing and manufacturing businesses in South Africa and internationally. It operates through three segments: Printing, Packaging, and Other. The company offers gravure, heatset, coldset, sheet-fed, and security and digital printing services.

Novus Holdings Fundamentals Summary

How do Novus Holdings's earnings and revenue compare to its market cap?
NVS fundamental statistics
Market CapR584.48m
Earnings (TTM)-R23.99m
Revenue (TTM)R2.84b

0.2x

P/S Ratio

-24.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NVS income statement (TTM)
RevenueR2.84b
Cost of RevenueR2.30b
Gross ProfitR540.35m
ExpensesR564.34m
Earnings-R23.99m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.094
Gross Margin19.04%
Net Profit Margin-0.84%
Debt/Equity Ratio0.6%

How did NVS perform over the long term?

See historical performance and comparison

Dividends

21.9%

Current Dividend Yield

-599%

Payout Ratio

Valuation

Is Novus 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: NVS (ZAR2.28) is trading below our estimate of fair value (ZAR12.99)

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


Price To Earnings Ratio

PE vs Industry: NVS is unprofitable, so we can't compare its PE Ratio to the African Commercial Services industry average.

PE vs Market: NVS is unprofitable, so we can't compare its PE Ratio to the ZA market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NVS is good value based on its PB Ratio (0.3x) compared to the XF Commercial Services industry average (1.2x).


Future Growth

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

20.2%

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 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 Novus Holdings performed over the past 5 years?

-65.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NVS is currently unprofitable.

Growing Profit Margin: NVS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NVS is unprofitable, and losses have increased over the past 5 years at a rate of 65.6% per year.

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

Earnings vs Industry: NVS is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (14.4%).


Return on Equity

High ROE: NVS has a negative Return on Equity (-1.06%), as it is currently unprofitable.


Financial Health

How is Novus Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: NVS's short term assets (ZAR1.5B) exceed its short term liabilities (ZAR384.1M).

Long Term Liabilities: NVS's short term assets (ZAR1.5B) exceed its long term liabilities (ZAR152.1M).


Debt to Equity History and Analysis

Debt Level: NVS's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: NVS's debt to equity ratio has reduced from 3.2% to 0.6% over the past 5 years.

Debt Coverage: NVS's debt is well covered by operating cash flow (2516.3%).

Interest Coverage: Insufficient data to determine if NVS's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

21.93%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NVS's dividend (21.93%) is higher than the bottom 25% of dividend payers in the ZA market (3.14%).

High Dividend: NVS's dividend (21.93%) is in the top 25% of dividend payers in the ZA market (7.7%)


Stability and Growth of Payments

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

Growing Dividend: NVS has only been paying a dividend for 6 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: NVS is paying a dividend but the company is unprofitable.


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?

0.5yrs

Average management tenure


CEO

Neil Birch (60 yo)

3.33yrs

Tenure

R5,120,000

Compensation

Mr. Neil William Birch, BSc (Hons) (Eng), served as the Chief Executive of Paperplus -South Africa at The Bidvest Group Limited and served as its Chief Executive of Bidpaper Plus. Mr. Birch has experience...


CEO Compensation Analysis

Compensation vs Market: Neil's total compensation ($USD346.29K) is about average for companies of similar size in the ZA market ($USD279.53K).

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


Leadership Team

Experienced Management: NVS's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: NVS's board of directors are not considered experienced ( 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: NVS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Novus Holdings Limited
  • Ticker: NVS
  • Exchange: JSE
  • Founded: 1905
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Market Cap: R584.483m
  • Shares outstanding: 256.35m
  • Website: https://www.novus.holdings

Number of Employees


Location

  • Novus Holdings Limited
  • 10 Freedom Way
  • Milnerton
  • Cape Town
  • Western Cape
  • 7441
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 21:06
End of Day Share Price2021/10/22 00:00
Earnings2021/03/31
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.