XLONNXR
Market cap289mUSD
Jan 07, Last price
258.00GBP
1D
-0.77%
1Q
7.95%
Jan 2017
43.33%
IPO
-70.34%
Name
Norcros PLC
Chart & Performance
Profile
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.
Valuation
Title GBP in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑03 | 2023‑03 | 2022‑03 | 2021‑03 | 2020‑03 | 2019‑03 | 2018‑03 | 2017‑03 | 2016‑03 | 2015‑03 | |
Income | ||||||||||
Revenues | 392,100 -11.09% | 441,000 11.28% | 396,300 22.24% | |||||||
Cost of revenue | 357,500 | 419,000 | 364,900 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 34,600 | 22,000 | 31,400 | |||||||
NOPBT Margin | 8.82% | 4.99% | 7.92% | |||||||
Operating Taxes | 5,800 | 4,900 | 7,300 | |||||||
Tax Rate | 16.76% | 22.27% | 23.25% | |||||||
NOPAT | 28,800 | 17,100 | 24,100 | |||||||
Net income | 26,800 59.52% | 16,800 -34.63% | 25,700 71.33% | |||||||
Dividends | (9,100) | (9,200) | (9,100) | |||||||
Dividend yield | 5.51% | 5.53% | 4.28% | |||||||
Proceeds from repurchase of equity | (800) | (60,000) | (2,000) | |||||||
BB yield | 0.48% | 36.04% | 0.94% | |||||||
Debt | ||||||||||
Debt current | 6,300 | 6,100 | 5,700 | |||||||
Long-term debt | 106,200 | 97,500 | 37,100 | |||||||
Deferred revenue | 800 | 18,300 | ||||||||
Other long-term liabilities | 5,600 | 25,200 | 1,900 | |||||||
Net debt | 81,700 | 182,500 | 15,400 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 36,600 | 24,500 | 14,600 | |||||||
CAPEX | (7,300) | (6,000) | (5,400) | |||||||
Cash from investing activities | (7,300) | (84,300) | (5,400) | |||||||
Cash from financing activities | (26,000) | 64,300 | (11,700) | |||||||
FCF | 14,800 | 21,300 | 2,800 | |||||||
Balance | ||||||||||
Cash | 30,800 | 29,000 | 27,400 | |||||||
Long term investments | (107,900) | |||||||||
Excess cash | 11,195 | 7,585 | ||||||||
Stockholders' equity | 201,400 | 162,900 | 170,100 | |||||||
Invested Capital | 307,105 | 303,400 | 234,715 | |||||||
ROIC | 9.43% | 6.36% | 11.09% | |||||||
ROCE | 10.41% | 7.22% | 12.48% | |||||||
EV | ||||||||||
Common stock shares outstanding | 89,816 | 89,500 | 82,392 | |||||||
Price | 1.84 -1.08% | 1.86 -27.91% | 2.58 -3.73% | |||||||
Market cap | 165,261 -0.73% | 166,470 -21.69% | 212,571 -1.81% | |||||||
EV | 273,561 | 348,970 | 227,971 | |||||||
EBITDA | 43,600 | 37,800 | 44,400 | |||||||
EV/EBITDA | 6.27 | 9.23 | 5.13 | |||||||
Interest | 7,200 | 5,800 | 2,800 | |||||||
Interest/NOPBT | 20.81% | 26.36% | 8.92% |