Norman Broadbent (NBB) AI Stock Analysis

• Market Cap: £3.73M
• Dividend Yield: N/A
• Average Volume (3M): 2.12K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 0.49
• Revenue Growth: -11.27%
• EPS Growth: -149.40%
• Country: UK
• Employees: 58
• Sector: Industrials
• Sector Strength: 84
• Industry: Staffing & Employment Services
• EPS (TTM): -0.05
• Shares Outstanding: 1,911,494
• 10 Day Avg. Volume: 1,012
• 30 Day Avg. Volume: 2,116
• 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: £157.00
• Price Target Upside: -19.49% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: 206.00p ▲(5.64% Upside)

The overall stock score is primarily supported by positive corporate events and strong technical momentum. However, the financial performance and negative valuation metrics, due to ongoing profitability challenges, temper the overall score. The company's strategic growth initiatives and improved operational efficiencies offer potential upside.

Norman Broadbent Business Overview & Revenue Model

Company Description

Norman Broadbent (NBB) is a UK-based professional services firm specializing in executive search, leadership consulting, interim management, and executive assessment and development. The company operates across various sectors, including financial services, technology, healthcare, retail, and industrials, providing tailored solutions to meet the specific needs of its clients. With a focus on innovation and client-centric service, NBB helps organizations identify and develop leadership talent to drive their business forward.

How the Company Makes Money

Norman Broadbent makes money primarily through fees charged for its executive search, leadership consulting, and interim management services. The company generates revenue by sourcing and placing senior executives and leaders within client organizations, often on a retainer or success-fee basis. Additionally, the company offers consulting services that involve leadership assessment and development programs, which are charged either as a project-based fee or on a time-and-materials basis. Significant partnerships with client organizations and a strong network in various industry sectors contribute to its earnings by providing a consistent flow of projects and placements.

Norman Broadbent Financial Statement Overview

Summary

Norman Broadbent displays a mixed financial performance with strong gross margins but struggles with profitability as reflected in negative net income and EBIT margins. The balance sheet suggests moderate financial stability with manageable debt levels, but ongoing losses could erode equity. Cash flows have deteriorated recently, posing liquidity risks if trends persist.

Income Statement

The company shows fluctuating revenue trends, with a decrease from 2023 to 2024 after a period of growth. Gross profit margins remain strong, indicating effective cost management. However, net income has been consistently negative, impacting net profit margins and indicating profitability challenges. EBIT and EBITDA margins also reflect inefficiencies, especially in the most recent period.

Balance Sheet

The balance sheet reveals moderate debt levels with a debt-to-equity ratio that has improved over recent years. Return on equity is negative due to persistent net losses, but equity ratio remains stable, indicating a decent level of financial stability. The reduction in stockholders' equity could signal potential risks if losses continue.

Cash Flow

Cash flow analysis shows volatility, with a sharp decline in operating cash flow from 2023 to 2024. Free cash flow has also turned negative, which is concerning for future liquidity. The ratios of operating and free cash flow to net income highlight operational challenges and inefficiencies in converting income into cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.92M	12.31M	8.70M	6.55M	7.82M
Gross Profit	9.31M	10.57M	7.35M	5.86M	6.29M
EBITDA	183.00K	643.00K	-38.00K	-305.00K	69.00K
Net Income	-158.00K	309.00K	-415.00K	-642.00K	-362.00K
Balance Sheet
Total Assets	4.43M	5.21M	4.13M	4.26M	3.82M
Cash, Cash Equivalents and Short-Term Investments	236.00K	765.00K	50.00K	459.00K	367.00K
Total Debt	619.00K	439.00K	1.46M	1.70M	1.07M
Total Liabilities	3.15M	3.83M	3.46M	3.43M	2.72M
Stockholders Equity	1.28M	1.38M	670.00K	836.00K	1.11M
Cash Flow
Free Cash Flow	-29.00K	1.67M	-98.00K	-501.00K	450.00K
Operating Cash Flow	21.00K	1.69M	-33.00K	-446.00K	515.00K
Investing Cash Flow	-73.00K	-43.00K	-116.00K	-69.00K	-88.00K
Financing Cash Flow	-477.00K	-954.00K	-260.00K	607.00K	-492.00K

Norman Broadbent Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 195.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:NBB, the sentiment is Positive. The current price of 195 is above the 20-day moving average (MA) of 189.75, above the 50-day MA of 164.05, and above the 200-day MA of 137.40, indicating a bullish trend. The MACD of 10.55 indicates Positive momentum. The RSI at 94.70 is Negative, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:NBB.

Norman Broadbent Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RTC	72 Outperform	£12.87M	7.29	23.32%	5.68%	-6.12%	4.30%
STAF	68 Neutral	£52.02M	13.90	44.68%	―	1.44%	―
NBB	66 Neutral	£3.73M	7.84	-11.91%	―	-11.27%	-149.40%
Sector *	66 Neutral	£2.71B	12.65	3.89%	3.23%	2.72%	-23.08%
GATC	64 Neutral	£30.73M	51.32	3.66%	3.59%	4.14%	-45.24%
RWA	46 Neutral	£92.09M	29.69	-11.22%	12.20%	-14.31%	-361.93%
EMR	46 Neutral	£22.29M	―	-34.21%	3.51%	-1.64%	-255.16%

Norman Broadbent Corporate Events

Norman Broadbent Achieves Record First Half Performance in 2025

Norman Broadbent has reported a record-breaking performance for the first half of 2025, with a 33% increase in net fee income to £6.0m compared to the previous year. The company has seen significant growth in its Executive Search and Interim Management sectors, with a notable increase in search mandates and average fee values. The firm’s careful cost management, including a strategic office move, has contributed to improved efficiencies. CEO Kevin Davidson highlighted the company’s transformation into a resilient organization, emphasizing continued investment in productivity and technology, while maintaining a focus on sustainable and profitable growth.

Ennismore Fund Management Acquires Major Stake in Norman Broadbent

Norman Broadbent PLC, a UK-based company, has announced a significant change in its shareholder structure. Ennismore Fund Management Limited has acquired a substantial 16.99% of the voting rights in the company, crossing a major threshold. This acquisition could potentially influence the company’s strategic direction and decision-making processes, impacting its operations and positioning within the industry.

Norman Broadbent Chair Increases Stake with Share Purchase

Norman Broadbent announced that its Non-Executive Chair, Peter Searle, has purchased 3,333 ordinary shares at 145 pence each, increasing his stake to approximately 6.03% of the company’s issued share capital. This transaction may indicate confidence in the company’s future performance and could influence stakeholder perceptions positively.

Norman Broadbent CEO Increases Stake in Company

Norman Broadbent announced that its CEO, Kevin Davidson, has purchased 2,696 ordinary shares, increasing his stake to approximately 1.01% of the company’s issued share capital. This move reflects confidence in the company’s strategic direction and may positively influence stakeholder perception of its market positioning.

Norman Broadbent Announces Successful AGM and Capital Reorganisation

Norman Broadbent PLC announced the successful passing of all 13 resolutions at its Annual General Meeting, with over 98% approval for each. A significant outcome of the meeting was the approval of a Capital Reorganisation, which consolidates every 70 existing ordinary shares into two new ordinary shares, effective upon their admission to trading on AIM. This restructuring is expected to streamline the company’s share capital and potentially enhance marketability. The total issued share capital post-reorganisation will consist of 1,911,494 new ordinary shares, which will serve as the basis for shareholders to calculate their interests in the company.

Norman Broadbent Reports Strong Q2 Performance and Strategic Expansion Plans

Norman Broadbent, a leading executive search and interim management firm, announced at its AGM that it has continued strong performance into Q2 2025, surpassing the previous year’s results. The company has strengthened its financial position by repaying a significant loan and is focused on sustainable growth, investing in international expansion, particularly in the Gulf Region, and exploring inorganic growth opportunities.