Why is Norcros Plc ?
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 6.34
2
With a growth in Net Sales of 2.56%, the company declared Very Positive results in Sep 25
- PRE-TAX PROFIT(Q) At GBP 11.1 MM has Grown at 194.87%
- NET PROFIT(Q) At GBP 8.4 MM has Grown at 197.67%
- DIVIDEND PAYOUT RATIO(Y) Highest at 660.71%
3
With ROE of 10.12%, it has a expensive valuation with a 1.45 Price to Book Value
- Over the past year, while the stock has generated a return of 36.56%, its profits have risen by 112.4% ; the PEG ratio of the company is 0.1
4
Market Beating performance in long term as well as near term
- Along with generating 36.56% returns in the last 1 year, the stock has outperformed FTSE 100 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Norcros Plc should be less than 10%
- Overall Portfolio exposure to Building Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Building Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Norcros Plc for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Norcros Plc
29.96%
1.31
36.45%
FTSE 100
13.98%
1.15
13.60%
Quality key factors
Factor
Value
Sales Growth (5y)
4.22%
EBIT Growth (5y)
23.41%
EBIT to Interest (avg)
6.34
Debt to EBITDA (avg)
0.77
Net Debt to Equity (avg)
0.21
Sales to Capital Employed (avg)
1.52
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
265.98%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.87%
ROE (avg)
9.25%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
1.45
EV to EBIT
10.62
EV to EBITDA
6.99
EV to Capital Employed
1.38
EV to Sales
0.91
PEG Ratio
0.13
Dividend Yield
3.24%
ROCE (Latest)
13.01%
ROE (Latest)
10.12%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
11What is working for the Company
PRE-TAX PROFIT(Q)
At GBP 11.1 MM has Grown at 194.87%
NET PROFIT(Q)
At GBP 8.4 MM has Grown at 197.67%
DIVIDEND PAYOUT RATIO(Y)
Highest at 660.71%
RAW MATERIAL COST(Y)
Fallen by 0% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at 24.64 %
-4What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at GBP 51.3 MM
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.78 times
Here's what is working for Norcros Plc
Pre-Tax Profit
At GBP 11.1 MM has Grown at 194.87%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (GBP MM)
Net Profit
At GBP 8.4 MM has Grown at 197.67%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (GBP MM)
Debt-Equity Ratio
Lowest at 24.64 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Dividend Payout Ratio
Highest at 660.71%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Fallen by 0% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Norcros Plc
Operating Cash Flow
Lowest at GBP 51.3 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (GBP MM)
Debtors Turnover Ratio
Lowest at 4.78 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






