Nordic Group Ltd

Chart & Performance

D1W1MN

P/E

8.50

P/S

0.85

EPS

0.04

Div Yield, %

5.62%

Shrs. gr., 5y

0.34%

Rev. gr., 5y

11.87%

Revenues

161m

-1.30%

Net income

16m

-22.72%

CFO

11m

-67.73%

Dividend

Aug 20, 20240.008526 SGD/sh

Earnings

Feb 28, 2025

Profile

Nordic Group Limited, an investment holding company, provides solutions in the areas of system integration; maintenance, repair, overhaul, and trading; precision engineering; scaffolding; insulation; petrochemical and environmental engineering; and cleanroom, air, and water engineering. The company turns systems into solutions by providing flow, automation, and navigation solutions. It also offers engineering, procurement, installation, and commissioning for conversion, upgrading, and factory and infrastructure automation services, as well as after-sales support service; thermal, cryogenic, acoustic, clean room insulation, thermal spray aluminum, and passive fireproofing service; and scaffolding services, including design, erection, modification, and dismantling, as well as sells and rents tubular frame and aluminum scaffold. In addition, the company designs and builds tooling system, as well as provides turnkey production solutions; and offers pre and post commissioning cleaning, heat exchanger and tank cleaning, process plant recovery work, temporary intervention activities, turnaround work and support, decontamination service, temporary equipment support, product filtering, and support in operation of utility plants service. Further, it provides holistic suite of service in facilities engineering service, maintenance, engineering, project management and construction for air pollution control system, and water and waste treatment system. Additionally, the company manufactures aircraft component and hydraulic actuator; and integrates, assembles, trades in, imports, and exports hydraulic systems and marine components. It serves marine, oil and gas, infrastructure, construction, semiconductor, power plant and municipality, petrochemical, manufacturing, and pharmaceutical industries in Singapore, China, Malaysia, the Middles East, and the United States. The company was founded in 1998 and is headquartered in Singapore.

URL

https://nordicgrouplimited.com/

IPO date

Sep 22, 2010

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title SGD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title SGD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	160,644 -1.30%	162,758 57.92%	103,065 27.57%
Cost of revenue	141,553	121,841	89,358
Unusual Expense (Income)
NOPBT	19,091	40,917	13,707
NOPBT Margin	11.88%	25.14%	13.30%
Operating Taxes	3,595	1,511	600
Tax Rate	18.83%	3.69%	4.38%
NOPAT	15,496	39,406	13,107
Net income	15,977 -22.72%	20,673 48.98%	13,876 153.12%
Dividends	(7,623)	(7,594)	(5,208)
Dividend yield	5.30%	4.30%	3.29%
Proceeds from repurchase of equity		4,927	(240)
BB yield		-2.79%	0.15%
Debt
Debt current	92,811	55,545	57,913
Long-term debt	15,440	28,314	9,115
Deferred revenue
Other long-term liabilities	(1)		51
Net debt	34,512	30,825	(8,309)
Cash flow
Cash from operating activities	11,294	35,001	9,924
CAPEX	(1,118)	(879)	(723)
Cash from investing activities	(5,202)	(52,540)	(575)
Cash from financing activities	14,958	(4,462)	8,069
FCF	(12,039)	11,947	9,932
Balance
Cash	73,739	53,034	75,337
Long term investments
Excess cash	65,707	44,896	70,184
Stockholders' equity	118,163	110,128	100,249
Invested Capital	153,884	140,715	90,232
ROIC	10.52%	34.13%	15.04%
ROCE	8.60%	21.71%	8.39%
EV
Common stock shares outstanding	399,736	392,644	388,179
Price	0.36 -20.00%	0.45 10.29%	0.41 77.39%
Market cap	143,905 -18.56%	176,690 11.56%	158,377 76.43%
EV	178,417	207,515	150,068
EBITDA	24,239	48,306	17,724
EV/EBITDA	7.36	4.30	8.47
Interest	3,586	2,022	567
Interest/NOPBT	18.78%	4.94%	4.14%