Want to see DE:NVM full AI Analyst Report?
Top Page
Novem Group SA
(XETRA:NVM)
Select Model
Select Model
Rating:53Neutral
Price Target:
€2.50
▼(-16.39% Downside)
Action:Reiterated
Date:06/29/26
The score is primarily held back by financial risk: profitability has compressed significantly versus prior peaks and leverage remains high, despite improved gross margins and generally positive cash generation. Technicals are neutral-to-weak with the stock below longer-term moving averages and slightly negative MACD. Valuation is a meaningful offset due to a very low P/E, but the lack of dividend data and recent free-cash-flow decline limit the upside in the overall score.
Positive Factors
Consistent cash generation
Consistent operating cash flow and historically positive free cash flow provide a durable internal funding source for working capital, tooling and reinvestment. This cash conversion mitigates cyclical revenue swings and supports servicing debt and sustaining production through program ramps over months.
Negative Factors
Elevated leverage
High debt relative to equity materially reduces financial flexibility in a cyclical auto-parts industry. Elevated leverage raises refinancing and covenant risk, limits ability to absorb lower demand or fund program-specific capex, and amplifies earnings volatility over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent cash generation
Consistent operating cash flow and historically positive free cash flow provide a durable internal funding source for working capital, tooling and reinvestment. This cash conversion mitigates cyclical revenue swings and supports servicing debt and sustaining production through program ramps over months.
Read all positive factors
Novem Group SA (NVM) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€112.74M
Dividend YieldN/A
Average Volume (3M)13.14K
Price to Earnings (P/E)10.0
Beta (1Y)-0.03
Revenue Growth-5.66%
EPS Growth0.19%
CountryDE
Employees4,887
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)0.26
Shares Outstanding43,030,304
10 Day Avg. Volume25,748
30 Day Avg. Volume13,140
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)1.13
Price to Sales (P/S)0.21
P/FCF Ratio2.42
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€3.20Price Target Upside7.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.31
Revenue Forecast (FY)€501.97M
Novem Group SA Business Overview & Revenue Model
Company Description
Novem Group S.A. specializes in the design and delivery of decorative and functional interior trim components for the global automotive industry. Their extensive product range features items such as instrument panels, robust center console trim pi...
How the Company Makes Money
Novem Group SA makes money primarily by selling automotive interior decorative components that it designs and manufactures for customers in the automotive industry. Revenue is generated through (1) series production contracts tied to vehicle progr...
Novem Group SA Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
42
Neutral
Cash Flow
58
Neutral
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 510.93M | 541.46M | 635.51M | 700.30M | 614.63M |
| Gross Profit | 249.49M | 271.45M | 97.24M | 338.12M | 316.10M |
| EBITDA | 68.78M | 77.08M | 99.69M | 113.05M | 100.84M |
| Net Income | 11.25M | 11.13M | 34.78M | 49.98M | 43.97M |
Balance Sheet | |||||
| Total Assets | 554.09M | 568.07M | 616.21M | 638.01M | 594.04M |
| Cash, Cash Equivalents and Short-Term Investments | 175.22M | 150.10M | 141.51M | 165.47M | 116.97M |
| Total Debt | 287.28M | 298.34M | 257.21M | 257.31M | 283.95M |
| Total Liabilities | 459.37M | 474.13M | 526.32M | 530.75M | 526.39M |
| Stockholders Equity | 94.72M | 93.94M | 89.89M | 107.26M | 67.66M |
Cash Flow | |||||
| Free Cash Flow | 44.16M | 23.83M | 36.66M | 80.39M | 61.95M |
| Operating Cash Flow | 56.58M | 41.35M | 52.75M | 98.33M | 80.54M |
| Investing Cash Flow | -8.43M | -12.85M | -10.02M | -13.78M | -15.49M |
| Financing Cash Flow | -23.18M | -18.70M | -60.86M | -35.55M | -124.89M |
Novem Group SA Technical Analysis
Negative
2.99
Price Trends
2.63
Negative
2.68
Negative
2.85
Negative
Market Momentum
<0.01
Negative
49.03
Neutral
25.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:NVM, the sentiment is Negative. The current price of 2.99 is above the 20-day moving average (MA) of 2.62, above the 50-day MA of 2.63, and above the 200-day MA of 2.85, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.03 is Neutral, neither overbought nor oversold. The STOCH value of 25.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:NVM.
Novem Group SA Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | €74.37M | 11.26 | 4.00% | 5.91% | -5.90% | -39.62% | |
57 Neutral | €150.50M | 7.06 | 11.78% | ― | -3.07% | ― | |
53 Neutral | €112.74M | 10.00 | 20.90% | ― | -5.66% | 0.19% | |
50 Neutral | €310.46M | 66.40 | 0.83% | 3.51% | -6.42% | ― | |
47 Neutral | €91.76M | -1.58 | -16.41% | 1.38% | -14.82% | 44.17% | |
41 Neutral | €114.75M | -1.75 | -43.62% | 10.96% | -12.94% | -94.55% |
* Consumer Cyclical Sector Average
DE:NVM
Novem Group SA
2.62
-1.46
-35.78%
DE:BDT
Bertrandt
9.08
-11.82
-56.56%
DE:ED4
EDAG Engineering
3.06
-2.72
-47.06%
DE:ZIL2
ElringKlinger
4.90
0.54
12.26%
DE:GMM
Grammer
10.10
3.80
60.32%
DE:PWO
Progress Werk Oberkirch
23.80
-4.53
-15.98%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.