Norcros plc Logo

Norcros plc

NXR.L

(1.8)
Stock Price

234,00 GBp

4.1% ROA

7.16% ROE

15.33x PER

Market Cap.

172.299.206,00 GBp

49.24% DER

5.28% Yield

3.57% NPM

Norcros plc Stock Analysis

Norcros plc Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Norcros plc Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.72x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (21%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 ROE

ROE in an average range (14.74%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (9.55%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Dividend

The company has consistently provided dividends over the past three years, indicating a reliable source of income for investors.

6 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

7 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (32) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Norcros plc Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Norcros plc Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Norcros plc Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Norcros plc Revenue
Year Revenue Growth
2004 146.900.000
2005 158.900.000 7.55%
2006 162.400.000 2.16%
2007 167.900.000 3.28%
2008 154.200.000 -8.88%
2009 169.600.000 9.08%
2010 196.100.000 13.51%
2011 200.300.000 2.1%
2012 210.700.000 4.94%
2013 218.700.000 3.66%
2014 222.100.000 1.53%
2015 235.900.000 5.85%
2016 271.200.000 13.02%
2017 300.100.000 9.63%
2018 331.000.000 9.34%
2019 342.000.000 3.22%
2020 342.000.000 0%
2020 324.200.000 -5.49%
2021 396.300.000 18.19%
2022 442.200.000 10.38%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Norcros plc Research and Development Expenses
Year Research and Development Expenses Growth
2004 1.800.000
2005 1.600.000 -12.5%
2006 1.700.000 5.88%
2007 1.500.000 -13.33%
2008 1.900.000 21.05%
2009 1.900.000 0%
2010 2.300.000 17.39%
2011 2.200.000 -4.55%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 4.099.999 100%
2019 4.300.000 4.65%
2020 0 0%
2020 3.700.000 100%
2021 4.800.000 22.92%
2022 11.000.000 56.36%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Norcros plc General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 79.000.000 100%
2019 83.800.000 5.73%
2020 83.800.000 0%
2020 72.200.000 -16.07%
2021 76.300.000 5.37%
2022 210.200.000 63.7%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Norcros plc EBITDA
Year EBITDA Growth
2004 21.700.000
2005 22.000.000 1.36%
2006 22.800.000 3.51%
2007 24.800.000 8.06%
2008 3.600.000 -588.89%
2009 8.900.000 59.55%
2010 12.800.000 30.47%
2011 18.600.000 31.18%
2012 17.500.000 -6.29%
2013 14.500.000 -20.69%
2014 19.300.000 24.87%
2015 23.200.000 16.81%
2016 20.800.000 -11.54%
2017 22.600.000 7.96%
2018 35.400.000 36.16%
2019 30.600.000 -15.69%
2020 30.600.000 0%
2020 32.100.000 4.67%
2021 45.200.000 28.98%
2022 25.000.000 -80.8%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Norcros plc Gross Profit
Year Gross Profit Growth
2004 146.900.000
2005 158.900.000 7.55%
2006 162.400.000 2.16%
2007 167.900.000 3.28%
2008 154.200.000 -8.88%
2009 169.600.000 9.08%
2010 196.100.000 13.51%
2011 200.300.000 2.1%
2012 210.700.000 4.94%
2013 218.700.000 3.66%
2014 222.100.000 1.53%
2015 235.900.000 5.85%
2016 271.200.000 13.02%
2017 300.100.000 9.63%
2018 124.200.000 -141.63%
2019 124.500.000 0.24%
2020 124.500.000 0%
2020 118.400.000 -5.15%
2021 140.800.000 15.91%
2022 -101.200.000 239.13%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Norcros plc Net Profit
Year Net Profit Growth
2004 -900.000
2005 25.900.000 103.47%
2006 4.900.000 -428.57%
2007 9.500.000 48.42%
2008 -6.300.000 250.79%
2009 -10.000.000 37%
2010 6.700.000 249.25%
2011 9.400.000 28.72%
2012 9.100.000 -3.3%
2013 8.700.000 -4.6%
2014 8.200.000 -6.1%
2015 13.000.000 36.92%
2016 8.500.000 -52.94%
2017 9.900.000 14.14%
2018 19.400.000 48.97%
2019 10.900.000 -77.98%
2020 10.900.000 0%
2020 15.000.000 27.33%
2021 25.700.000 41.63%
2022 11.600.000 -121.55%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Norcros plc Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 3 100%
2006 0 0%
2007 1 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Norcros plc Free Cashflow
Year Free Cashflow Growth
2004 6.200.000
2005 1.500.000 -313.33%
2006 -300.000 600%
2007 -2.100.000 85.71%
2008 -1.700.000 -23.53%
2009 3.200.000 153.13%
2010 2.200.000 -45.45%
2011 -2.900.000 175.86%
2012 -2.400.000 -20.83%
2013 6.100.000 139.34%
2014 7.400.000 17.57%
2015 10.000.000 26%
2016 14.700.000 31.97%
2017 9.800.000 -50%
2018 23.300.000 57.94%
2019 21.200.000 -9.91%
2020 50.500.000 58.02%
2021 9.200.000 -448.91%
2022 8.300.000 -10.84%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Norcros plc Operating Cashflow
Year Operating Cashflow Growth
2004 10.400.000
2005 6.200.000 -67.74%
2006 5.900.000 -5.08%
2007 8.300.000 28.92%
2008 3.000.000 -176.67%
2009 7.100.000 57.75%
2010 8.500.000 16.47%
2011 3.800.000 -123.68%
2012 4.300.000 11.63%
2013 10.300.000 58.25%
2014 14.400.000 28.47%
2015 16.600.000 13.25%
2016 22.700.000 26.87%
2017 17.500.000 -29.71%
2018 28.900.000 39.45%
2019 26.000.000 -11.15%
2020 53.300.000 51.22%
2021 14.600.000 -265.07%
2022 9.650.000 -51.3%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Norcros plc Capital Expenditure
Year Capital Expenditure Growth
2004 4.200.000
2005 4.700.000 10.64%
2006 6.200.000 24.19%
2007 10.400.000 40.38%
2008 4.700.000 -121.28%
2009 3.900.000 -20.51%
2010 6.300.000 38.1%
2011 6.700.000 5.97%
2012 6.700.000 0%
2013 4.200.000 -59.52%
2014 7.000.000 40%
2015 6.600.000 -6.06%
2016 8.000.000 17.5%
2017 7.700.000 -3.9%
2018 5.600.000 -37.5%
2019 4.800.000 -16.67%
2020 2.800.000 -71.43%
2021 5.400.000 48.15%
2022 1.350.000 -300%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Norcros plc Equity
Year Equity Growth
2004 -33.500.000
2005 -8.100.000 -313.58%
2006 -16.200.000 50%
2007 59.100.000 127.41%
2008 50.300.000 -17.5%
2009 71.200.000 29.35%
2010 79.400.000 10.33%
2011 71.100.000 -11.67%
2012 61.600.000 -15.42%
2013 65.500.000 5.95%
2014 52.700.000 -24.29%
2015 47.600.000 -10.71%
2016 56.600.000 15.9%
2017 104.600.000 45.89%
2018 125.700.000 16.79%
2019 104.400.000 -20.4%
2020 148.400.000 29.65%
2021 200.300.000 25.91%
2022 210.400.000 4.8%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Norcros plc Assets
Year Assets Growth
2004 187.400.000
2005 158.300.000 -18.38%
2006 152.300.000 -3.94%
2007 158.400.000 3.85%
2008 159.100.000 0.44%
2009 162.400.000 2.03%
2010 175.100.000 7.25%
2011 169.700.000 -3.18%
2012 191.300.000 11.29%
2013 182.200.000 -4.99%
2014 178.700.000 -1.96%
2015 212.800.000 16.02%
2016 264.100.000 19.42%
2017 313.000.000 15.62%
2018 307.500.000 -1.79%
2019 339.500.000 9.43%
2020 312.200.000 -8.74%
2021 359.500.000 13.16%
2022 443.000.000 18.85%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Norcros plc Liabilities
Year Liabilities Growth
2004 220.900.000
2005 166.400.000 -32.75%
2006 168.500.000 1.25%
2007 99.300.000 -69.69%
2008 108.800.000 8.73%
2009 91.200.000 -19.3%
2010 95.700.000 4.7%
2011 98.600.000 2.94%
2012 129.700.000 23.98%
2013 116.700.000 -11.14%
2014 126.000.000 7.38%
2015 165.200.000 23.73%
2016 207.500.000 20.39%
2017 208.400.000 0.43%
2018 181.800.000 -14.63%
2019 235.100.000 22.67%
2020 163.800.000 -43.53%
2021 159.200.000 -2.89%
2022 232.600.000 31.56%

Norcros plc Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
3.69
Net Income per Share
0.13
Price to Earning Ratio
15.33x
Price To Sales Ratio
0.52x
POCF Ratio
7.91
PFCF Ratio
9.82
Price to Book Ratio
0.82
EV to Sales
0.75
EV Over EBITDA
9.53
EV to Operating CashFlow
11.27
EV to FreeCashFlow
14.07
Earnings Yield
0.07
FreeCashFlow Yield
0.1
Market Cap
0,17 Bil.
Enterprise Value
0,25 Bil.
Graham Number
2.58
Graham NetNet
-1.69

Income Statement Metrics

Net Income per Share
0.13
Income Quality
1.94
ROE
0.06
Return On Assets
0.04
Return On Capital Employed
0.08
Net Income per EBT
0.78
EBT Per Ebit
0.73
Ebit per Revenue
0.06
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.32
Research & Developement to Revenue
0.02
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.36
Operating Profit Margin
0.06
Pretax Profit Margin
0.05
Net Profit Margin
0.04

Dividends

Dividend Yield
0.05
Dividend Yield %
5.28
Payout Ratio
0.54
Dividend Per Share
0.1

Operating Metrics

Operating Cashflow per Share
0.24
Free CashFlow per Share
0.2
Capex to Operating CashFlow
-0.2
Capex to Revenue
-0.01
Capex to Depreciation
-0.37
Return on Invested Capital
0.04
Return on Tangible Assets
0.04
Days Sales Outstanding
0
Days Payables Outstanding
133.26
Days of Inventory on Hand
139.58
Receivables Turnover
0
Payables Turnover
2.74
Inventory Turnover
2.62
Capex per Share
-0.05

Balance Sheet

Cash per Share
0,32
Book Value per Share
2,34
Tangible Book Value per Share
0.48
Shareholders Equity per Share
2.34
Interest Debt per Share
1.15
Debt to Equity
0.49
Debt to Assets
0.23
Net Debt to EBITDA
2.88
Current Ratio
1.92
Tangible Asset Value
0,04 Bil.
Net Current Asset Value
-0,02 Bil.
Invested Capital
0.49
Working Capital
0,10 Bil.
Intangibles to Total Assets
0.38
Average Receivables
0,00 Bil.
Average Payables
0,08 Bil.
Average Inventory
103900000
Debt to Market Cap
0.6

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Norcros plc Dividends
Year Dividends Growth
2007 1
2008 3 100%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 0%
2015 3 100%
2016 7 66.67%
2017 7 14.29%
2018 8 12.5%
2019 9 0%
2021 11 27.27%
2022 10 -10%
2023 7 -66.67%

Norcros plc Profile

About Norcros plc

Norcros plc, together with its subsidiaries, designs, manufactures, and distributes bathroom and kitchen products in the United Kingdom and South Africa. The company manufactures and distributes electric and mixer showers, and accessories under the Triton brand name; shower enclosures and trays to the residential, commercial, and hospitality sectors under the Merlyn brand; taps, mixer showers, bathroom accessories, and valves under the Vado brand name; and accessories and furniture for the bathroom, such as toilet seats, wall-mounted cupboards, vanity units, shower rods, rails, and curtains to retail and trade customers under the Croydex brand name. It also offers kitchen taps, sinks, and instant hot water taps under the Abode brand name; ceramic wall and floor tiles under the Johnson Tiles brand name; and adhesives, grouts, and surface preparation products under the Norcros Adhesives brand name for fixing ceramic and porcelain tiles, mosaics, natural stones, and marbles. In addition, the company provides tile adhesives, pourable floor coverings, and tiling tools for various types of ceramic, porcelain, or natural stone tiles; and various products for the preparation of floors before the installation of hard and soft floor coverings, including primers, additives, patching and repair compounds, and screeds and self-levelling screeds, as well as waterproofing systems under the TAL brand name, as well as specialist plumbing materials under the House of Plumbing brand name. Further, it manufactures waterproof decorative bathroom wall panels under the Home of Multipanel brand name; and retails wall and floor tiles, adhesives, showers, sanitaryware, and bathroom fittings under the Tile Africa brand name. The company serves consumers, architects, designers, developers, retailers, and wholesalers. Norcros plc was incorporated in 1999 and is headquartered in Wilmslow, the United Kingdom.

CEO
Mr. Thomas John Willcocks
Employee
2.400
Address
Ladyfield House
Wilmslow, SK9 1BU

Norcros plc Executives & BODs

Norcros plc Executives & BODs
# Name Age
1 Mr. Charlie Soden
Managing Director of Merlyn
70
2 Mr. Kevin Swan
Managing Director of South Africa
70
3 Mr. Stephen Dixon
Managing Director of Johnson Tiles
70
4 Andy Baines
Managing Director of VADO
70
5 Mr. Richard H. Collins
Group Counsel & Company Secretary
70
6 Mr. Chris Mulligan
Director of Corporate Development & Strategy
70
7 Mr. Matthew Pitt
Managing Director of Abode
70
8 Mr. David Tutton
Managing Director of Triton
70
9 Mr. James David Eyre
Chief Financial Officer & Executive Director
70
10 Mr. Thomas John Willcocks
Chief Executive Officer & Executive Director
70

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