Norcros plc (NXR) is a leading building products & equipment business based in the UK. It opened the day at 197.4p after a previous close of 201p. During the day the price has varied from a low of 190.5p to a high of 202p. The latest price was 196p (25 minute delay). Norcros is listed on the London Stock Exchange (LSE) and employs 2,000 staff. All prices are listed in pence sterling.
Since the stock market crash in March caused by coronavirus, Norcros's share price has had significant negative movement.
Its last market close was 178p, which is 30.87% down on its pre-crash value of 257.5p and 44.13% up on the lowest point reached during the March crash when the shares fell as low as 123.5p.
If you had bought £1,000 worth of Norcros shares at the start of February 2020, those shares would have been worth £478.72 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £631.21.
|52-week range||119p - 305p|
|50-day moving average||192.9559p|
|200-day moving average||163.338p|
|Wall St. target price||330p|
|Dividend yield||0.09p (5.3%)|
|Earnings per share (TTM)||4p|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 week (2021-01-12)||-3.45%|
|1 month (2020-12-22)||5.38%|
|3 months (2020-10-22)||13.46%|
|6 months (2020-07-22)||25.64%|
|1 year (2020-01-20)||-31.47%|
|2 years (2019-01-18)||0.90%|
|3 years (2018-01-19)||1.55%|
|5 years (2016-01-20)||13.09%|
Valuing Norcros stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Norcros's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Norcros's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 50x. In other words, Norcros shares trade at around 50x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Norcros's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £21.9 million.
The EBITDA is a measure of a Norcros's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||£296.1 million|
|Operating margin TTM||4.15%|
|Gross profit TTM||£342 million|
|Return on assets TTM||2.34%|
|Return on equity TTM||2.62%|
|Market capitalisation||£161.4 million|
TTM: trailing 12 months
Dividend payout ratio: 77.5% of net profits
Recently Norcros has paid out, on average, around 77.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.3% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Norcros shareholders could enjoy a 5.3% return on their shares, in the form of dividend payments. In Norcros's case, that would currently equate to about 0.09p per share.
Norcros's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 28 November 2019 (the "ex-dividend date").
Norcros's shares were split on a 1:10 basis on 30 September 2015. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Norcros shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Norcros shares which in turn could have impacted Norcros's share price.
Over the last 12 months, Norcros's shares have ranged in value from as little as 119p up to 305p. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Norcros's is 1.1566. This would suggest that Norcros's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Norcros plc, together with its subsidiaries, engages in the development, manufacture, and marketing of 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, high end brassware, 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 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.
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