Noumi Limited (NOU) AI Stock Analysis

• Market Cap: AU$49.88M
• Dividend Yield: N/A
• Average Volume (3M): 90.04K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.15
• Revenue Growth: 4.22%
• EPS Growth: -199.40%
• Country: AU
• Employees: 500
• Sector: Consumer Defensive
• Sector Strength: 57
• Industry: Packaged Foods
• EPS (TTM): -0.30
• Shares Outstanding: 277,109,300
• 10 Day Avg. Volume: 154,290
• 30 Day Avg. Volume: 90,037
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.18
• Price Target Upside: 0.00%
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 40 Underperform
• Price Target: AU$0.00 ▼(-100.00% Downside)

Noumi Limited's overall stock score is heavily impacted by its weak financial performance, which is the most significant factor. The bearish technical indicators and poor valuation further contribute to a low overall score. The lack of earnings call data and corporate events leaves the financial and technical aspects as the primary considerations.

Noumi Limited Business Overview & Revenue Model

Company Description

noumi Limited engages in sourcing, manufacture, selling, marketing, and distribution of plant-based beverages, and dairy and nutritional ingredient products to wholesale and consumer markets. It operates in Dairy and Nutritional, and Plant Based Beverages segments. The company offers a range of ultra-heat treatment technology (UHT) shelf stable dairy milk beverage, nutritional products, and performance and adult nutritional powders. It also provides various UHT shelf stable food and beverage products, including almond, oat, soy, rice, coconut, hazelnut, and other nut-based beverages and liquid stocks. The company provides its products under the Milklab, Australia's Own, Crankt, Vital Strength, Noumi Nutritionals, Uproteinn, So Natural, and Vitalife brands. It operates in Australia, New Zealand, South Africa, China, South East Asia, and the Middle East. noumi Limited was formerly known as Freedom Foods Group Limited. The company was incorporated in 1984 and is headquartered in Ingleburn, Australia. noumi Limited is a subsidiary of Arrovest Pty Limited.

How the Company Makes Money

Noumi Limited generates revenue through the sale of its diverse product lineup, which includes dairy and plant-based beverages, nutritional products, and specialty ingredients. The company's revenue streams are driven by the distribution of these products to supermarkets, grocery stores, and other retail outlets both in Australia and internationally. Noumi also benefits from strategic partnerships and alliances that enhance its market reach and distribution capabilities. Additionally, the company's focus on innovation in product development and expansion into emerging markets contributes to its financial performance.

Noumi Limited Financial Statement Overview

Summary

Noumi Limited exhibits a challenging financial profile with consistent net losses and negative equity over recent years. Although there is slight improvement in revenue and operating cash flow, the company faces significant leverage and solvency issues.

Income Statement

Noumi Limited's revenue has shown some growth, increasing from AUD 551.6 million in 2023 to AUD 589.8 million in 2024, representing a growth rate of 6.93%. However, the net profit margin remains negative due to consistent net losses, with a negative net income of AUD 98.3 million in 2024. The company also reports negative EBITDA, indicating operational inefficiencies. While gross profit margin improved slightly to 24.71% in 2024, the overall profitability remains weak.

Balance Sheet

The balance sheet reveals significant financial instability, with a negative stockholders' equity of AUD 304.94 million in 2024, indicating potential insolvency risk. The debt-to-equity ratio is not calculable due to negative equity, and the company is highly leveraged with total debt exceeding total assets. Noumi Limited's equity ratio is negative, highlighting a concerning level of liabilities compared to assets.

Cash Flow

The cash flow statement shows some improvement in operating cash flow to AUD 15.83 million in 2024, but free cash flow growth remains volatile. The free cash flow turned positive from a negative position in 2023, suggesting some operational cash generation capability. However, cash flow ratios remain weak due to the negative net income, limiting the assessment of operational efficiency.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	589.79M	551.56M	522.34M	559.07M	580.19M
Gross Profit	145.75M	133.87M	98.42M	97.31M	2.23M
EBITDA	-87.90M	-15.39M	-130.39M	19.35M	-134.10M
Net Income	-98.33M	-46.91M	-160.74M	-53.18M	-174.51M
Balance Sheet
Total Assets	316.20M	377.95M	420.13M	538.67M	681.90M
Cash, Cash Equivalents and Short-Term Investments	21.57M	18.56M	16.21M	31.67M	17.17M
Total Debt	533.76M	491.00M	455.01M	462.39M	486.97M
Total Liabilities	621.14M	581.49M	569.14M	537.18M	620.90M
Stockholders Equity	-304.94M	-203.54M	-149.01M	1.49M	61.00M
Cash Flow
Free Cash Flow	10.81M	-49.00K	-46.87M	-56.67M	-122.71M
Operating Cash Flow	15.83M	4.31M	-40.86M	-54.01M	-98.68M
Investing Cash Flow	1.84M	2.22M	-3.93M	13.50M	-28.45M
Financing Cash Flow	-21.64M	-4.18M	29.33M	53.80M	84.13M

Noumi Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NOU, the sentiment is Positive. The current price of 0.18 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.13, and above the 200-day MA of 0.16, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 71.07 is Negative, neither overbought nor oversold. The STOCH value of 93.94 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NOU.

Noumi Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$20.97B	14.57	-8.07%	3.14%	2.79%	-9.97%
NOU	40 Underperform	AU$49.88M	―		―	4.22%	-199.40%
F9H	―	€17.76M	―	-23.00%	―	―	―
22W0	―	€9.23M	―	-240.42%	―	―	―
NUC	48 Neutral	AU$24.89M	―	-47.74%	―	43.14%	51.35%
BFC	―	AU$5.99M	―		―	―	―
HCT	57 Neutral	AU$33.50M	―		―	-5.86%	98.26%

Noumi Limited Corporate Events

Noumi Limited Reports Mixed Q4 FY25 Results Amid Legal and Market Challenges

Noumi Limited reported a slight decline in Q4 FY25 revenue to $155.2 million, with plant-based milks experiencing a 2.9% decrease, while dairy and nutritionals saw a 0.9% increase. Despite a negative operating cash flow of $2.2 million due to legal expenses, the company maintained a positive annual operating cash flow of $32.5 million. Noumi is optimistic about its FY25 earnings, expecting improved operating EBITDA, although it anticipates a net loss after tax due to depreciation, financing costs, and impairment charges. The company continues to see strong performance from its Milklab brand, particularly in retail and export channels, despite competitive pressures and macroeconomic challenges.

The most recent analyst rating on (AU:NOU) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Noumi Limited stock, see the AU:NOU Stock Forecast page.

Noumi Limited Resolves Class Action, Paves Way for Future Growth

Noumi Limited has announced that the Victorian Supreme Court has approved the settlement terms of a class action lawsuit, marking the resolution of a significant legacy issue for the company. With the settlement, which includes Noumi’s $11.56 million contribution covered by insurance, the company can now focus on business growth and enhancing stakeholder value, as it moves past the financial restatements of FY19 and FY20.

The most recent analyst rating on (AU:NOU) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Noumi Limited stock, see the AU:NOU Stock Forecast page.