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NWL

Nu-World HoldingsJSE:NWL Stock Report

Market Cap

R602.4m

7D

0.7%

1Y

0%

Updated

14 Oct, 2021

Data

Company Financials
NWL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

NWL Overview

Nu-World Holdings Limited, together with its subsidiaries, manufactures, imports, assembles, markets, and distributes branded consumer durables in South Africa, Australia, Brazil, Hong Kong, the United Arab Emirates, and Lesotho.

Price History & Performance

Summary of all time highs, changes and price drops for Nu-World Holdings
Historical stock prices
Current Share PriceR28.00
52 Week HighR23.00
52 Week LowR32.00
Beta0.33
1 Month Change-2.78%
3 Month Change3.78%
1 Year Change0%
3 Year Change-32.53%
5 Year Change0%
Change since IPO1,677.80%

Recent News & Updates

Jun 10
Returns At Nu-World Holdings (JSE:NWL) Appear To Be Weighed Down

Returns At Nu-World Holdings (JSE:NWL) Appear To Be Weighed Down

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...

May 06
Is Nu-World Holdings (JSE:NWL) A Risky Investment?

Is Nu-World Holdings (JSE:NWL) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Apr 05
How Does Nu-World Holdings Limited (JSE:NWL) Fare As A Dividend Stock?

How Does Nu-World Holdings Limited (JSE:NWL) Fare As A Dividend Stock?

Today we'll take a closer look at Nu-World Holdings Limited ( JSE:NWL ) from a dividend investor's perspective. Owning...

Feb 27
Why You Might Be Interested In Nu-World Holdings Limited (JSE:NWL) For Its Upcoming Dividend

Why You Might Be Interested In Nu-World Holdings Limited (JSE:NWL) For Its Upcoming Dividend

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

Shareholder Returns

NWLZA Consumer DurablesZA Market
7D0.7%-1.6%1.3%
1Y0%37.9%21.2%

Return vs Industry: NWL underperformed the ZA Consumer Durables industry which returned 43.8% over the past year.

Return vs Market: NWL underperformed the ZA Market which returned 20.7% over the past year.

Price Volatility

Is NWL's price volatile compared to industry and market?
NWL volatility
NWL Beta0.33
Industry Beta1.06
Market Beta1

Stable Share Price: NWL is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: NWL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1946395Jeffrey Goldberghttps://www.nuworld.co.za

Nu-World Holdings Limited, together with its subsidiaries, manufactures, imports, assembles, markets, and distributes branded consumer durables in South Africa, Australia, Brazil, Hong Kong, the United Arab Emirates, and Lesotho. The company offers consumer electronics, hi-tech products, small electrical appliances, white goods, liquors, furniture, and personal protective equipment. The company was founded in 1946 and is headquartered in Johannesburg, South Africa.

Nu-World Holdings Fundamentals Summary

How do Nu-World Holdings's earnings and revenue compare to its market cap?
NWL fundamental statistics
Market CapR602.37m
Earnings (TTM)R140.42m
Revenue (TTM)R2.49b

4.3x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NWL income statement (TTM)
RevenueR2.49b
Cost of RevenueR1.87b
Gross ProfitR616.36m
ExpensesR475.93m
EarningsR140.42m

Last Reported Earnings

Feb 28, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.53
Gross Margin24.74%
Net Profit Margin5.64%
Debt/Equity Ratio4.3%

How did NWL perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

30%

Payout Ratio

Valuation

Is Nu-World Holdings undervalued compared to its fair value and its price relative to the market?

4.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NWL (ZAR28) is trading above our estimate of fair value (ZAR18.53)

Significantly Below Fair Value: NWL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NWL is good value based on its PE Ratio (4.3x) compared to the Global Consumer Durables industry average (13.6x).

PE vs Market: NWL is good value based on its PE Ratio (4.3x) compared to the ZA market (11.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NWL is good value based on its PB Ratio (0.4x) compared to the XF Consumer Durables industry average (1.6x).


Future Growth

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

12.6%

Forecasted Consumer Durables 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 Nu-World 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 Nu-World Holdings performed over the past 5 years?

4.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NWL has high quality earnings.

Growing Profit Margin: NWL's current net profit margins (5.6%) are higher than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: NWL's earnings have grown by 4.7% per year over the past 5 years.

Accelerating Growth: NWL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NWL had negative earnings growth (-3.2%) over the past year, making it difficult to compare to the Consumer Durables industry average (41.4%).


Return on Equity

High ROE: NWL's Return on Equity (9.9%) is considered low.


Financial Health

How is Nu-World Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: NWL's short term assets (ZAR1.4B) exceed its short term liabilities (ZAR151.9M).

Long Term Liabilities: NWL's short term assets (ZAR1.4B) exceed its long term liabilities (ZAR58.5M).


Debt to Equity History and Analysis

Debt Level: NWL's debt to equity ratio (4.3%) is considered satisfactory.

Reducing Debt: NWL's debt to equity ratio has reduced from 26.9% to 4.3% over the past 5 years.

Debt Coverage: NWL's debt is well covered by operating cash flow (38%).

Interest Coverage: NWL's interest payments on its debt are well covered by EBIT (23.2x coverage).


Balance Sheet


Dividend

What is Nu-World Holdings's current dividend yield, its reliability and sustainability?

6.98%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NWL's dividend (6.98%) is higher than the bottom 25% of dividend payers in the ZA market (3.05%).

High Dividend: NWL's dividend (6.98%) is low compared to the top 25% of dividend payers in the ZA market (8.02%).


Stability and Growth of Payments

Stable Dividend: NWL's dividend payments have been volatile in the past 10 years.

Growing Dividend: NWL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.9%), NWL's dividend payments are well covered by earnings.


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?

19.8yrs

Average board tenure


CEO

Jeffrey Goldberg (66 yo)

no data

Tenure

R6,558,000

Compensation

Mr. Jeffrey Alan Goldberg, BSc Eng (Wits) (Rand), serves as the Managing Director of Nu-World Industries (Pty) Ltd. Mr. Goldberg is responsible for developing and implementing the Group’s marketing and sal...


CEO Compensation Analysis

Compensation vs Market: Jeffrey's total compensation ($USD442.67K) is above average for companies of similar size in the ZA market ($USD285.78K).

Compensation vs Earnings: Jeffrey's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: NWL's board of directors are seasoned and experienced ( 19.8 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

Ownership Breakdown

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


Top Shareholders

Company Information

Nu-World Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Nu-World Holdings Limited
  • Ticker: NWL
  • Exchange: JSE
  • Founded: 1946
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: R602.374m
  • Shares outstanding: 21.51m
  • Website: https://www.nuworld.co.za

Number of Employees


Location

  • Nu-World Holdings Limited
  • 35, 3rd Street
  • Wynberg
  • Johannesburg
  • Gauteng
  • 2090
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 21:21
End of Day Share Price2021/10/14 00:00
Earnings2021/02/28
Annual Earnings2020/08/31


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.