New Risk • Jun 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 37% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (80% net debt to equity). Large one-off items impacting financial results. Price Target Changed • Jun 01
Price target increased by 34% to €14.30 Up from €10.70, the current price target is an average from 2 analysts. New target price is 430% above last closing price of €2.70. Stock is down 37% over the past year. Reported Earnings • May 29
Full year 2026 earnings released Full year 2026 results: Revenue: €522.6m (down 3.5% from FY 2025). Net income: €11.3m (up 1.5% from FY 2025). Profit margin: 2.2% (in line with FY 2025). Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Auto Components industry in Germany. Duyuru • Jul 07
Novem Group S.A. to Report First Half, 2026 Results on Nov 13, 2025 Novem Group S.A. announced that they will report first half, 2026 results on Nov 13, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: €0.21 (vs €0.11 in 2Q 2024) Second quarter 2025 results: EPS: €0.21 (up from €0.11 in 2Q 2024). Revenue: €144.6m (down 16% from 2Q 2024). Net income: €9.13m (up 86% from 2Q 2024). Profit margin: 6.3% (up from 2.9% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €5.28, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €7.30, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €5.98, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €5.52, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €4.55, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €3.83, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 73% over the past three years. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: €0.05 (vs €0.31 in 1Q 2024) First quarter 2025 results: EPS: €0.05 (down from €0.31 in 1Q 2024). Revenue: €141.5m (down 19% from 1Q 2024). Net income: €2.10m (down 84% from 1Q 2024). Profit margin: 1.5% (down from 7.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Price Target Changed • Jun 20
Price target decreased by 12% to €12.45 Down from €14.18, the current price target is an average from 4 analysts. New target price is 145% above last closing price of €5.08. Stock is down 45% over the past year. New Risk • May 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (149% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Feb 16
Third quarter 2024 earnings released Third quarter 2024 results: EPS: €0.31. Revenue: €146.9m (down 12% from 3Q 2023). Net income: €13.3m (down 37% from 3Q 2023). Profit margin: 9.1% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €6.68, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Auto Components industry in Germany. Total loss to shareholders of 10% over the past year. Reported Earnings • Nov 30
First half 2024 earnings released First half 2024 results: Revenue: €350.4m (down 2.5% from 1H 2023). Net income: €18.1m (up 23% from 1H 2023). Profit margin: 5.2% (up from 4.1% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto Components industry in Germany. New Risk • Oct 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (67% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.2% average weekly change). Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €8.12, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Auto Components industry in Germany. Total returns to shareholders of 24% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €14.96 per share. Upcoming Dividend • Aug 18
Upcoming dividend of €1.15 per share at 3.7% yield Eligible shareholders must have bought the stock before 25 August 2023. Payment date: 29 August 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.6%). Reported Earnings • Aug 18
First quarter 2024 earnings released: EPS: €0.31 (vs €0.20 in 1Q 2023) First quarter 2024 results: EPS: €0.31 (up from €0.20 in 1Q 2023). Revenue: €176.9m (down 2.7% from 1Q 2023). Net income: €13.2m (up 55% from 1Q 2023). Profit margin: 7.5% (up from 4.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Germany. Price Target Changed • Jul 01
Price target increased by 8.8% to €17.22 Up from €15.82, the current price target is an average from 5 analysts. New target price is 66% above last closing price of €10.35. Stock is up 33% over the past year. Reported Earnings • Jun 02
Full year 2023 earnings released Full year 2023 results: Revenue: €726.1m (up 18% from FY 2022). Net income: €50.0m (up 14% from FY 2022). Profit margin: 6.9% (down from 7.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Auto Components industry in Germany. Price Target Changed • Mar 28
Price target decreased by 7.6% to €15.82 Down from €17.13, the current price target is an average from 5 analysts. New target price is 65% above last closing price of €9.58. Stock is down 8.2% over the past year. The company is forecast to post earnings per share of €1.07 for next year compared to €1.02 last year. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €10.50, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Auto Components industry in Germany. Total loss to shareholders of 3.4% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €16.93 per share. Reported Earnings • Feb 17
Third quarter 2023 earnings released: EPS: €0.49 (vs €0.22 in 3Q 2022) Third quarter 2023 results: EPS: €0.49 (up from €0.22 in 3Q 2022). Net income: €21.0m (up 119% from 3Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Auto Components industry in Germany. Price Target Changed • Feb 01
Price target increased by 8.3% to €16.17 Up from €14.93, the current price target is an average from 3 analysts. New target price is 95% above last closing price of €8.30. Stock is down 21% over the past year. The company is forecast to post earnings per share of €1.46 for next year compared to €1.02 last year. Major Estimate Revision • Dec 10
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 revenue forecast increased from €683.6m to €711.5m. EPS estimate fell from €1.75 to €1.46 per share. Net income forecast to grow 31% next year vs 30% growth forecast for Auto Components industry in Germany. Consensus price target of €15.68 unchanged from last update. Share price rose 8.8% to €8.16 over the past week. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 19% share price gain to €8.10, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Auto Components industry in Germany. Total loss to shareholders of 34% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €10.70 per share. Reported Earnings • Dec 01
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €182.4m (up 31% from 2Q 2022). Net income: €6.30m (up €8.70m from 2Q 2022). Profit margin: 3.5% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Auto Components industry in Germany. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 21% share price gain to €7.24, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Auto Components industry in Germany. Total loss to shareholders of 49% over the past year. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 17% share price gain to €8.22, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Auto Components industry in Germany. Total loss to shareholders of 50% over the past year. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 18% share price gain to €9.60, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Auto Components industry in Germany. Reported Earnings • Jun 03
Full year 2022 earnings: Revenues exceed analyst expectations Full year 2022 results: Revenue: €634.5m (up 5.3% from FY 2021). Net income: €44.0m (up 352% from FY 2021). Profit margin: 6.9% (up from 1.6% in FY 2021). Revenue exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 9.5%, compared to a 9.7% growth forecast for the industry in Germany. Reported Earnings • Feb 25
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: €0.22. Revenue: €162.0m (flat on 3Q 2021). Net income: €9.60m (up €9.60m from 3Q 2021). Profit margin: 5.9% (up from null in 3Q 2021). Revenue exceeded analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 2.3% compared to a 2.4% decline forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €10.52, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Auto Components industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €19.65 per share. Major Estimate Revision • Dec 23
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €585.0m to €594.2m. EPS estimate increased from €1.01 to €1.13 per share. Net income forecast to grow 46% next year vs 37% growth forecast for Auto Components industry in Germany. Consensus price target down from €19.80 to €18.68. Share price was steady at €12.29 over the past week. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €12.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Auto Components industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €13.57 per share.