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Nick Scali Limited
(Sydney:NCK)
Nick Scali Limited (NCK) vs. iShares MSCI Australia ETF (EWA)
Nick Scali Limited Business Overview & Revenue Model
Nick Scali Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 495.28M | 495.28M | 468.19M | 507.72M | 440.96M | 373.04M |
| Gross Profit | 174.45M | 314.62M | 306.80M | 322.41M | 268.98M | 236.75M |
| EBITDA | 157.49M | 157.49M | 176.95M | 199.52M | 158.78M | 159.04M |
| Net Income | 57.68M | 57.68M | 80.61M | 101.08M | 74.92M | 84.24M |
Balance Sheet | ||||||
| Total Assets | 705.81M | 705.81M | 704.88M | 607.64M | 616.39M | 489.25M |
| Cash, Cash Equivalents and Short-Term Investments | 100.99M | 100.99M | 111.33M | 89.25M | 74.62M | 106.89M |
| Total Debt | 316.14M | 316.14M | 320.37M | 318.17M | 329.60M | 226.98M |
| Total Liabilities | 439.13M | 439.13M | 447.10M | 427.73M | 475.47M | 375.22M |
| Stockholders Equity | 266.68M | 266.68M | 257.78M | 179.91M | 140.93M | 114.03M |
Cash Flow | ||||||
| Free Cash Flow | 97.68M | 100.92M | 102.72M | 121.03M | 102.25M | 124.26M |
| Operating Cash Flow | 111.26M | 115.49M | 131.18M | 133.92M | 121.23M | 139.90M |
| Investing Cash Flow | 15.43M | 15.43M | -64.91M | -12.89M | -121.50M | -15.62M |
| Financing Cash Flow | -108.79M | -113.02M | -74.19M | -66.40M | -72.00M | -80.43M |
Nick Scali Limited Technical Analysis
Nick Scali Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Neutral | AU$57.74M | 9.62 | 17.58% | 6.10% | -13.36% | 14.09% | |
66 Neutral | AU$56.04M | 12.73 | 12.71% | 9.03% | 8.39% | 3.21% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | AU$2.12B | 36.74 | 21.99% | 2.63% | 5.79% | -31.70% | |
58 Neutral | AU$336.05M | 12.97 | 11.70% | 5.85% | 3.99% | -18.35% | |
55 Neutral | AU$649.04M | 21.92 | 16.86% | 2.86% | 1.89% | -3.30% | |
54 Neutral | AU$1.59B | 136.97 | 8.81% | ― | 20.66% | 543.24% |
Nick Scali Limited Corporate Events
State Street Corporation, through various subsidiaries including State Street Bank and Trust Company and State Street Global Advisors entities, has lodged a notice that it has ceased to be a substantial shareholder in Nick Scali Limited as of 2 January 2026. The change signals a reduction in a major institutional investor’s holding below the substantial shareholder threshold, potentially altering the company’s institutional shareholder base and slightly shifting the balance of influence among remaining investors, although no specific transaction details or strategic reasons for the change were disclosed.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$29.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
State Street Corporation and several of its asset management subsidiaries have notified Nick Scali Limited that they have ceased to be substantial shareholders in the company as at 18 December 2025. The notice, lodged under section 671B of the Corporations Act, confirms that the group’s collective relevant interest in Nick Scali’s voting securities has fallen below the substantial holding threshold, signalling a reduction in institutional ownership that may marginally alter the company’s shareholder profile but does not directly affect day-to-day operations.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$28.85 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali has upgraded its trading outlook for the first half of FY26, with revenue in Australia and New Zealand now expected to be 10%–12% higher than the previous year, compared with its earlier guidance of 7%–9%. The stronger-than-anticipated sales performance is set to lift statutory net profit after tax to between $37 million and $39 million, up from prior guidance of $33 million to $35 million, signalling resilient demand in its core markets and a more robust earnings trajectory for shareholders heading into the second half.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$27.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited, a company involved in the furniture retail industry, has announced that a substantial holder connected with State Street Corporation and its subsidiaries ceased to hold a significant stake in the company as of December 16, 2025. This change could impact the firm’s shareholder composition, reflecting potential adjustments in its institutional investment structure with implications for market sentiment and company operations.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$27.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders of the company’s voting securities as of December 12, 2025. This change in substantial holding could impact the company’s shareholder structure and influence, potentially affecting future voting outcomes and strategic decisions.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$27.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited, a company involved in the furniture retail industry, has announced changes in the substantial holding of its voting securities. State Street Corporation and its subsidiaries have ceased to be substantial holders of Nick Scali Limited as of December 5, 2025. This change in holding may impact the company’s shareholder structure and influence future corporate decisions.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$27.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of November 26, 2025. This change in substantial holding may impact the company’s shareholder structure and could have implications for its market positioning and stakeholder interests.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$27.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of November 21, 2025. This change in substantial holding may impact the company’s shareholder structure and could influence its market perception and investor confidence.
The most recent analyst rating on (AU:NCK) stock is a Hold with a A$24.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited has announced that a substantial holder, State Street Corporation and its subsidiaries, have ceased to hold a significant interest in the company as of November 18, 2025. This change in substantial holding could impact the company’s shareholder structure and may influence its market perception, although specific implications for stakeholders were not detailed in the release.
The most recent analyst rating on (AU:NCK) stock is a Hold with a A$24.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of November 12, 2025. This change in substantial holding could impact the company’s shareholder structure and influence in the market, potentially affecting its strategic decisions and stakeholder interests.
The most recent analyst rating on (AU:NCK) stock is a Hold with a A$27.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited has announced that State Street Global Advisors Limited and its associated entities have ceased to be substantial holders in the company as of October 30, 2025. This change in substantial holding could impact the company’s shareholder dynamics and influence its market positioning, potentially affecting investor sentiment and stakeholder interests.
The most recent analyst rating on (AU:NCK) stock is a Hold with a A$27.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited has announced the cessation of John Weir Ingram as a director, effective October 29, 2025. This change in the board may impact the company’s strategic direction, as Ingram held a significant interest in the company with 206,387 fully paid ordinary shares through Netwealth Investments Limited.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$24.40 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited announced that all resolutions proposed at its 2025 Annual General Meeting were passed by a poll, indicating strong shareholder support. The successful resolutions, including the re-election and election of directors, reflect the company’s stable governance and strategic direction, which is likely to have a positive impact on its market positioning and stakeholder confidence.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$24.40 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited reported a strong financial performance for the fiscal year 2025, achieving an underlying profit of $62 million. The company successfully completed an equity raise to fund its UK acquisition, resulting in net proceeds of $58.6 million. The appointment of Niran Peiris to the Board and the transition of Anthony Scali to Executive Chair are expected to guide the company’s next growth phase. In ANZ, sales orders increased by 3%, though revenue slightly declined by 1.4% due to rising shipping costs and other expenses. The UK operations, impacted by store refurbishments and rebranding, generated $41.8 million in revenue.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$24.40 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
Nick Scali Limited announced the retirement of its Chair, John Ingram, who has been pivotal in the company’s growth since joining the board before its IPO in 2004. Anthony Scali will take over as Executive Chair, with William Koeck appointed as Deputy Chair and Lead Independent Director, signaling a strategic transition aimed at driving future growth and enhancing shareholder value.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$24.40 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.