Novae Group (NVA)

Advertisement

Just one of over 6000 shares you can deal on with IG. Find out more by getting your free guide to spread betting on shares. Losses can exceed your initial deposit

494.75p
   
  • Change Today:
      2.25p
  • 52 Week High: 502.96p
  • 52 Week Low: 345.00p
  • Currency: UK Pounds
  • Shares Issued: 64.40m
  • Volume: 26,707
  • Market Cap: £318.62m
  • RiskGrade: 88
  • Beta: 0.40

Novae Group Overview

Underwriter Novae operates two trading platforms. Its Lloyd's business, Novae Syndicates, handles large, international and specialist risks while Novae Insurance, its FSA-regulated insurance company, transacts UK and European commercial lines business.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 4.0% 4.3%
Div Cover 2.2 2.1
Op Mrgn 7.8% 7.2%
ROCE 12.6%  
Latest F'cast
P/E 11.2 10.8
PEG n/a 2.6
Pr/Revenue 0.5 0.6
Pr/Book 1.1  
Latest F'cast
Revenue -1.5% -8.0%
PBT n/a -0.7%
EPS n/a 4.1%
DPS 11.1% 8.6%

Novae Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 345.70 40.20 51.70p 5.9 0.4 +14% 10.00p 3.3%
31-Dec-09 389.10 4.20 36.80p 8.0 n/a -29% 11.00p 3.7%
31-Dec-10 528.70 35.10 34.10p 10.6 n/a -7% 15.70p 4.4%
31-Dec-11 606.40 (6.30) (11.80)p n/a n/a n/a 18.00p 5.3%
31-Dec-12 597.50 39.90 44.20p 9.0 n/a n/a 20.00p 5.0%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Novae Group Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-13 549.93 39.61 46.02p 10.8 2.6 +4% 21.72p 4.3%
31-Dec-14 572.18 40.12 48.36p 10.2 2.0 +5% 23.48p 4.7%

Copyright © 2013 FactSet Research Systems Inc. All rights reserved.

Novae Group Company Announcements

Novae Group plc: Director/PDMR Shareholding 17-May-2013 14:50 ONE
Novae Group plc : Director/PDMR Shareholding 13-May-2013 13:08 ONE
Novae Group plc : Director/PDMR Shareholding 03-May-2013 14:13 ONE

Novae Group ShareCast News

Wednesday broker round-up UPDATE 22-May-2013 ShareCast
Wednesday broker round-up UPDATE 13-Mar-2013 ShareCast
Tuesday broker round-up UPDATE 12-Mar-2013 ShareCast

Novae Group Top Newspaper Links

Novae eyes possible merger with Omega 01-Jun-2011 The Independent
Lloyd's of London insurers Novae and Omega in me... 30-May-2011 Telegraph
Radical write-off at SVB 02-Sep-2004 Telegraph

Latest Novae Group Director Deals

Traded Action Notifier PriceAmountValue
15-May-13 Buy Dividends Matthew K Fosh 492.00p 304 £1,495.68
15-May-13 Buy Dividends Jeremy Adams 492.00p 304 £1,495.68
10-May-13 Scrip Dividend Matthew K Fosh 0.000p 9,668 £0.00

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Novae Group Market Data

Currency UK Pounds
Share Price 494.75p
Change Today 2.25p
% Change 0.46 %
52 Week High 502.96p
52 Week Low 345.00p
Volume 26,707
Shares Issued 64.40m
Market Cap £318.62m
Beta 0.40
RiskGrade 88

Novae Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
64.71% above the market average64.71% above the market average64.71% above the market average64.71% above the market average64.71% above the market average
22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average
Price Trend
75.30% above the market average75.30% above the market average75.30% above the market average75.30% above the market average75.30% above the market average
57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average
Income
79.40% above the market average79.40% above the market average79.40% above the market average79.40% above the market average79.40% above the market average
6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average
Growth
7.68% above the market average7.68% above the market average7.68% above the market average7.68% above the market average7.68% above the market average
5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Novae Group Dividends

  Latest Previous
  Final Interim
Ex-Div 17-Apr-13 05-Sep-12
Paid 09-May-13 03-Oct-12
Amount 14.50p 5.50p

Trades for 23-May-2013

Time Volume / Share Price
16:35 2,930 @ 494.75p
16:29 8 @ 490.00p
16:29 338 @ 493.00p
16:29 207 @ 490.00p
16:28 204 @ 490.00p

Novae Group Key Personnel

CFO Charles Fry

Top of Page