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Novisource

ENXTAM:NOVI
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NOVI
ENXTAM
€12M
Market Cap
  1. Home
  2. NL
  3. Commercial Services
Company description

Novisource N.V. provides business consultancy solutions in the Netherlands. The last earnings update was 182 days ago. More info.


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NOVI Share Price and Events
7 Day Returns
-4.7%
ENXTAM:NOVI
0.1%
Europe Commercial Services
-0.4%
NL Market
1 Year Returns
-7.3%
ENXTAM:NOVI
10.1%
Europe Commercial Services
9.5%
NL Market
NOVI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Novisource (NOVI) -4.7% -3.8% -3.8% -7.3% -46.8% -66.9%
Europe Commercial Services 0.1% -0.9% 5.6% 10.1% 3.2% 4.8%
NL Market -0.4% 0.8% 4.9% 9.5% 20.3% 21.3%
1 Year Return vs Industry and Market
  • NOVI underperformed the Commercial Services industry which returned 10.1% over the past year.
  • NOVI underperformed the Market in Netherlands which returned 9.5% over the past year.
Price Volatility
NOVI
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Novisource's competitors could be found in our database.

NOVI Value

 Is Novisource undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Novisource. This is due to cash flow or dividend data being unavailable. The share price is €1.01.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Novisource's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Novisource's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTAM:NOVI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €0.03
ENXTAM:NOVI Share Price ** ENXTAM (2020-02-19) in EUR €1.01
Europe Commercial Services Industry PE Ratio Median Figure of 102 Publicly-Listed Commercial Services Companies 19.19x
Netherlands Market PE Ratio Median Figure of 76 Publicly-Listed Companies 20.56x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Novisource.

ENXTAM:NOVI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTAM:NOVI Share Price ÷ EPS (both in EUR)

= 1.01 ÷ 0.03

32.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Novisource is overvalued based on earnings compared to the Europe Commercial Services industry average.
  • Novisource is overvalued based on earnings compared to the Netherlands market.
Price based on expected Growth
Does Novisource's expected growth come at a high price?
Raw Data
ENXTAM:NOVI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 32.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Commercial Services Industry PEG Ratio Median Figure of 51 Publicly-Listed Commercial Services Companies 1.58x
Netherlands Market PEG Ratio Median Figure of 58 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Novisource, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Novisource's assets?
Raw Data
ENXTAM:NOVI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €0.39
ENXTAM:NOVI Share Price * ENXTAM (2020-02-19) in EUR €1.01
Europe Commercial Services Industry PB Ratio Median Figure of 143 Publicly-Listed Commercial Services Companies 1.72x
Netherlands Market PB Ratio Median Figure of 99 Publicly-Listed Companies 2.09x
ENXTAM:NOVI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:NOVI Share Price ÷ Book Value per Share (both in EUR)

= 1.01 ÷ 0.39

2.59x

* Primary Listing of Novisource.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Novisource is overvalued based on assets compared to the Europe Commercial Services industry average.
X
Value checks
We assess Novisource's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Novisource has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NOVI Future Performance

 How is Novisource expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Novisource has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Novisource expected to grow at an attractive rate?
  • Unable to compare Novisource's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Novisource's earnings growth to the Netherlands market average as no estimate data is available.
  • Unable to compare Novisource's revenue growth to the Netherlands market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ENXTAM:NOVI Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 17%
Europe Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Netherlands Market Earnings Growth Rate Market Cap Weighted Average 12.4%
Netherlands Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTAM:NOVI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTAM:NOVI Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 15 -1 0
2019-03-31 17 -3 0
2018-12-31 18 -4 1
2018-09-30 19 -3 1
2018-06-30 20 -2 1
2018-03-31 21 1 1
2017-12-31 21 4 1
2017-09-30 43 4 1
2017-06-30 64 5 1
2017-03-31 64 3 0
2016-12-31 63 1 0
2016-09-30 51 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Novisource is high growth as no earnings estimate data is available.
  • Unable to determine if Novisource is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTAM:NOVI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Novisource Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTAM:NOVI Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 0.03
2019-03-31 0.04
2018-12-31 0.05
2018-09-30 0.08
2018-06-30 0.11
2018-03-31 0.11
2017-12-31 0.10
2017-09-30 0.09
2017-06-30 0.08
2017-03-31 0.02
2016-12-31 -0.03
2016-09-30 -0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Novisource will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Novisource's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Novisource's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Novisource's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Novisource's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Novisource has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NOVI Past Performance

  How has Novisource performed over the past 5 years?

  • Novisource's last earnings update was 182 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Novisource's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Novisource has delivered over 20% year on year earnings growth in the past 5 years.
  • Novisource's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Novisource's 1-year earnings growth is negative, it can't be compared to the Europe Commercial Services industry average.
Earnings and Revenue History
Novisource's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Novisource Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTAM:NOVI Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 15.44 0.36 3.01
2019-03-31 16.66 0.49 3.36
2018-12-31 17.89 0.62 3.70
2018-09-30 18.99 0.97 3.97
2018-06-30 20.10 1.32 4.24
2018-03-31 20.52 1.26 4.28
2017-12-31 20.94 1.20 4.32
2017-09-30 42.66 1.08 3.63
2017-06-30 64.39 0.95 2.95
2017-03-31 63.81 0.28 3.58
2016-12-31 63.24 -0.39 4.22
2016-09-30 51.01 -0.57 5.05
2016-06-30 38.77 -0.74 5.89
2016-03-31 47.23 -0.23 5.35
2015-12-31 55.70 0.28 4.81
2015-09-30 52.94 0.27 4.06
2015-06-30 50.19 0.27 3.32
2015-03-31 46.09 -0.20 3.56
2014-12-31 42.00 -0.67 3.81
2014-09-30 37.44 -0.68 3.01
2014-06-30 32.89 -0.69 2.22
2014-03-31 29.67 -0.22 2.69
2013-12-31 26.44 0.26 3.17

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Novisource has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Novisource used its assets more efficiently than the Europe Commercial Services industry average last year based on Return on Assets.
  • Novisource has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Novisource's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Novisource has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NOVI Health

 How is Novisource's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Novisource's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Novisource is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Novisource's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Novisource's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 7.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Novisource Company Filings, last reported 7 months ago.

ENXTAM:NOVI Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 4.58 0.65 2.61
2019-03-31 4.58 0.65 2.61
2018-12-31 4.81 0.77 3.85
2018-09-30 4.81 0.77 3.85
2018-06-30 4.74 0.65 4.17
2018-03-31 4.74 0.65 4.17
2017-12-31 4.20 0.77 9.02
2017-09-30 4.20 0.77 9.02
2017-06-30 3.90 1.12 6.35
2017-03-31 3.90 1.12 6.35
2016-12-31 3.01 0.00 5.79
2016-09-30 3.01 0.00 5.79
2016-06-30 2.50 0.00 2.73
2016-03-31 2.50 0.00 2.73
2015-12-31 3.38 0.00 4.75
2015-09-30 3.38 0.00 4.75
2015-06-30 3.16 0.00 3.97
2015-03-31 3.16 0.00 3.97
2014-12-31 3.02 0.00 3.88
2014-09-30 3.02 0.00 3.88
2014-06-30 2.92 0.00 1.83
2014-03-31 2.92 0.00 1.83
2013-12-31 2.98 0.00 4.08
  • Novisource's level of debt (14.2%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Novisource's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 17.4x coverage).
X
Financial health checks
We assess Novisource's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Novisource has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NOVI Dividends

 What is Novisource's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Novisource dividends.
If you bought €2,000 of Novisource shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Novisource's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Novisource's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTAM:NOVI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 73 Stocks 3%
Netherlands Market Average Dividend Yield Market Cap Weighted Average of 66 Stocks 3.9%
Netherlands Minimum Threshold Dividend Yield 10th Percentile 1.5%
Netherlands Bottom 25% Dividend Yield 25th Percentile 2.1%
Netherlands Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Novisource has not reported any payouts.
  • Unable to verify if Novisource's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Novisource's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Novisource has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Novisource's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Novisource afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Novisource has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NOVI Management

 What is the CEO of Novisource's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Frank Lagerveld
COMPENSATION €92,323
AGE 58
TENURE AS CEO 1.2 years
CEO Bio

Mr. Frank Camille Lagerveld, also known as Frank LL.M has been Senior Consultant and Partner of WissemaGroup since 2003. Mr. Lagerveld has been Group Chief Executive Officer of Novisource N.V. since December 20, 2018. Mr. Lagerveld served as a Senior Director of Value8 NV from 2009 to 2011 and also served as its Executive Officer. Before that, Mr. Lagerveld has fulfilled various management and board positions inside TNT N.V. and its legal predecessors since 1987. He served as Managing Director of TNT N.V. from 1987 to 2009. He has been the Chairman of the Supervisory Board at Lavide Holding N.V. since 2013. He served as the Chairman of Supervisory Board of Fornix BioSciences NV from September 2011 to 2013. He has been Supervisory Director at Lavide Holding N.V. since July 2013. He has been a Member of the Supervisory Board at Source Group N.V. since June 20, 2013. He serves as Chairman of Supervisory Board at HeadFirst Source Group N.V.He served as a Member of the Supervisory Board at Air Consultants Europe B.V. and Ceradis B.V. He served as a Member of the Supervisory Board a SnowWorld Leisure N.V., until 2013. Mr. Lagerveld holds LL.M from Rijksuniversiteit Groningen.

CEO Compensation
  • Insufficient data for Frank to compare compensation growth.
  • Frank's remuneration is lower than average for companies of similar size in Netherlands.
Management Team

Frank Lagerveld

TITLE
Group Chief Executive Officer
COMPENSATION
€92K
AGE
58
TENURE
1.2 yrs

Peter Specht

TITLE
CFO & Member of the Supervisory Board
COMPENSATION
€256K
AGE
57
TENURE
3.1 yrs
Board of Directors Tenure

Average tenure and age of the Novisource board of directors in years:

3.3
Average Tenure
57
Average Age
  • The tenure for the Novisource board of directors is about average.
Board of Directors

Eddy Vermeire

TITLE
Chairman of Supervisory Board
COMPENSATION
€30K
AGE
67
TENURE
3.3 yrs

Peter Specht

TITLE
CFO & Member of the Supervisory Board
COMPENSATION
€256K
AGE
57

Philip van Blanken

TITLE
Member of the Supervisory Board
COMPENSATION
€318K
AGE
57

Duco Wildeboer

TITLE
Member of Supervisory Board
COMPENSATION
€60K
TENURE
3.3 yrs

Edwin Groeneveld

TITLE
Member of Supervisory Board
COMPENSATION
€40K
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Novisource's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Novisource has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NOVI News

Simply Wall St News

Novisource (AMS:NOVI) Seems To Use Debt Quite Sensibly

Debt and other liabilities become risky for a business when it cannot easily fulfill those obligations, either with free cash flow or by raising capital at an attractive price. … Novisource may have net cash on the balance sheet, but it is still interesting to look at how well the business converts its earnings before interest and tax (EBIT) to free cash flow, because that will influence both its need for, and its capacity to manage debt. … Summing up While it is always sensible to investigate a company's debt, in this case Novisource has €3.1m in net cash and a decent-looking balance sheet.

Simply Wall St -

Before You Buy Novisource N.V. (AMS:NOVI), Consider Its Volatility

A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … Check out our latest analysis for Novisource What NOVI's beta value tells investors With a beta of 1.04, (which is quite close to 1) the share price of Novisource has historically been about as voltile as the broader market. … If the future looks like the past, we could therefore consider it likely that the stock price will experience share price volatility that is roughly similar to the overall market.

Simply Wall St -

Investors Who Bought Novisource (AMS:NOVI) Shares Five Years Ago Are Now Down 61%

By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the five years over which the share price declined, Novisource's earnings per share (EPS) dropped by 20% each year. … We'd be remiss not to mention the difference between Novisource's total shareholder return (TSR) and its share price return.

Simply Wall St -

A Closer Look At Novisource N.V.'s (AMS:NOVI) Impressive ROE

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Novisource: 13% = €615k ÷ €4.8m (Based on the trailing twelve months to December 2018.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Combining Novisource's Debt And Its 13% Return On Equity While Novisource does have some debt, with debt to equity of just 0.16, we wouldn't say debt is excessive. … If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

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Do Insiders Own Shares In Novisource N.V. (AMS:NOVI)?

Novisource is a smaller company with a market capitalization of €14m, so it may still be flying under the radar of many institutional investors. … Private Company Ownership We can see that Private Companies own 3.3%, of the shares on issue. … Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

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Why Novisource N.V.'s (AMS:NOVI) High P/E Ratio Isn't Necessarily A Bad Thing

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … That is equivalent to an earnings yield of about 4.6%. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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Why We Like Novisource N.V.’s (AMS:NOVI) 17% Return On Capital Employed

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

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Does Novisource N.V.'s (AMS:NOVI) CEO Salary Compare Well With Others?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Philip van Blanken's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below €177m

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Is Novisource N.V.'s (AMS:NOVI) 28% Better Than Average?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each €1 of shareholders' equity it has, the company made €0.28 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Here's How P/E Ratios Can Help Us Understand Novisource N.V. (AMS:NOVI)

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … That corresponds to an earnings yield of approximately 12%. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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NOVI Company Info

Description

Novisource N.V. provides business consultancy solutions in the Netherlands. The company offers consultancy services in the areas of regulatory change, digital transformation, information security, and information services. Novisource N.V. was founded in 2001 and is based in Amsterdam, the Netherlands.

Details
Name: Novisource N.V.
NOVI
Exchange: ENXTAM
Founded: 2001
€11,868,449
11,750,940
Website: http://www.novisource.nl
Address: Novisource N.V.
Hoogoorddreef 56L,
9th Floor,
Amsterdam,
Noord-Holland, 1101 BE,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM NOVI Class B Common Shares Euronext Amsterdam NL EUR 20. Feb 2014
LSE 0QR5 Class B Common Shares London Stock Exchange GB EUR 20. Feb 2014
Number of employees
Current staff
Staff numbers
70
Novisource employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/20 22:46
End of day share price update: 2020/02/19 00:00
Last earnings filing: 2019/08/22
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.