Novem Group SA (NVM) AI Stock Analysis

• Market Cap: €119.62M
• Dividend Yield: N/A
• Average Volume (3M): 13.14K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.06
• Revenue Growth: -9.08%
• EPS Growth: -34.48%
• Country: DE
• Employees: 4,887
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): -0.02
• Shares Outstanding: 43,030,304
• 10 Day Avg. Volume: 25,748
• 30 Day Avg. Volume: 13,140
• PEG Ratio: -0.24
• Price to Book (P/B): 1.93
• Price to Sales (P/S): 0.34
• P/FCF Ratio: 7.62
• 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: €3.50
• Price Target Upside: 17.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.39
• Revenue Forecast (FY): €519.46M

• Rating: 49 Neutral
• Price Target: €3.00 ▲(0.33% Upside)
• Action: Reiterated Date: 04/09/26
• Date: Action: Reiterated 04/09/26

The score is held back primarily by sharply weaker TTM revenue and high leverage, with additional pressure from weak technical momentum (negative MACD; below key moving averages). These negatives are partially offset by solid and improving free cash flow and better gross profitability.

Positive Factors

Free cash flow generation

Consistently strong free cash flow provides durable internal financing for tooling, program ramp capital and working capital needs. High cash conversion (FCF ≈83% of net income) supports investment and debt service, improving resilience across automotive cycles and enabling strategic flexibility.

Negative Factors

Sharp revenue contraction

A severe TTM revenue decline materially weakens scale economics and can leave fixed manufacturing costs underutilized. Prolonged volume drops impair program economics, reduce negotiating leverage with OEMs and increase the challenge of restoring margins even if demand recovers slowly.

Novem Group SA Business Overview & Revenue Model

Company Description

Novem Group S.A. develops and supplies trim elements and decorative function elements in car interiors for automotive industry in Luxembourg and internationally. The company's products portfolio includes instrument panels, impact-resistant trim pa...

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Novem Group S.A. develops and supplies trim elements and decorative function elements in car interiors for automotive industry in Luxembourg and internationally. The company's products portfolio includes instrument panels, impact-resistant trim pa...

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...

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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

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	510.34M	541.46M	635.51M	700.30M	614.63M	602.72M
Gross Profit	207.06M	271.45M	97.24M	338.12M	316.10M	305.96M
EBITDA	74.63M	77.08M	99.69M	113.05M	100.84M	109.70M
Net Income	19.67M	11.13M	34.78M	49.98M	43.97M	9.73M
Balance Sheet
Total Assets	542.30M	568.07M	616.21M	638.01M	594.04M	629.95M
Cash, Cash Equivalents and Short-Term Investments	169.90M	150.10M	141.51M	165.47M	116.97M	175.30M
Total Debt	250.70M	298.34M	257.21M	257.31M	283.95M	895.89M
Total Liabilities	447.70M	474.13M	526.32M	530.75M	526.39M	1.14B
Stockholders Equity	94.50M	93.94M	89.89M	107.26M	67.66M	-505.09M
Cash Flow
Free Cash Flow	59.15M	23.83M	36.66M	80.39M	61.95M	86.48M
Operating Cash Flow	71.44M	41.35M	52.75M	98.33M	80.54M	105.51M
Investing Cash Flow	-11.26M	-12.85M	-10.02M	-13.78M	-15.49M	-15.77M
Financing Cash Flow	-14.79M	-18.70M	-60.86M	-35.55M	-124.89M	-110.70M

Novem Group SA Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.99
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:NVM, the sentiment is Neutral. The current price of 2.99 is above the 20-day moving average (MA) of 2.70, above the 50-day MA of 2.85, and below the 200-day MA of 3.27, indicating a neutral trend. The MACD of -0.07 indicates Negative momentum. The RSI at 53.76 is Neutral, neither overbought nor oversold. The STOCH value of 61.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:NVM.

Novem Group SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GMM	60 Neutral	€114.73M	3.81	10.71%	―	-10.08%	―
PWO	60 Neutral	€81.88M	11.40	4.87%	5.91%	-4.01%	-10.36%
ZIL2	55 Neutral	€347.21M	-44.43	-18.51%	3.51%	-6.21%	-995.53%
BDT	52 Neutral	€149.06M	-16.95	-15.50%	1.38%	-17.63%	30.27%
NVM	49 Neutral	€119.62M	-31.41	20.90%	―	-9.08%	-34.48%
ED4	40 Underperform	€98.50M	-2.89	-39.31%	10.96%	-13.53%	-394.79%