Norman Broadbent PLC (GB:NBB)
LSE:NBB
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Norman Broadbent
(LSE:NBB)
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Rating:69Neutral
Price Target:
249.00 p
▲(7.10% Upside)
Action:ReiteratedDate:03/27/26
The score is driven primarily by improved financial performance (profitability, cash flow, and much lower leverage) and supportive valuation (low P/E). These positives are partly offset by weak technical signals (below key moving averages, negative MACD, very low RSI) indicating poor near-term momentum.
Positive Factors
Materially reduced leverage
The company's debt-to-equity has fallen to about 0.08, reflecting materially reduced leverage and growing equity. Lower structural leverage increases financial flexibility, reduces default and refinancing risk, and supports investment or opportunistic M&A during industry cycles over the next 2–6 months.
Negative Factors
Cyclical revenue and earnings
Norman Broadbent operates in a cyclical hiring market where downturns can quickly depress mandates and fees. Historical swings (losses and negative cash flow in 2024) highlight predictable sensitivity to macro hiring cycles, making near-term earnings and cash generation volatile.
Read all positive and negative factors
Positive Factors
Negative Factors
Materially reduced leverage
The company's debt-to-equity has fallen to about 0.08, reflecting materially reduced leverage and growing equity. Lower structural leverage increases financial flexibility, reduces default and refinancing risk, and supports investment or opportunistic M&A during industry cycles over the next 2–6 months.
Read all positive factors
Norman Broadbent (NBB) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£4.33M
Dividend YieldN/A
Average Volume (3M)1.66K
Price to Earnings (P/E)6.9
Beta (1Y)0.38
Revenue Growth17.91%
EPS Growth73.21%
CountryUK
Employees58
SectorIndustrials
Sector Strength72
IndustryStaffing & Employment Services
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,925,688
10 Day Avg. Volume1,120
30 Day Avg. Volume1,658
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)2.01
Price to Sales (P/S)0.28
P/FCF Ratio2.34
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Norman Broadbent Business Overview & Revenue Model
Company Description
Norman Broadbent plc, together with its subsidiaries, provides professional services in the United Kingdom and internationally. It offers a portfolio of services, including board advisory, interim management, leadership search, research and insigh...
How the Company Makes Money
NBB makes money primarily by providing recruitment and leadership advisory services to client organisations. Key revenue streams include: (1) Executive search fees for placing senior permanent hires (typically billed to the hiring company under re...
Norman Broadbent Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
75
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 15.14M | 10.92M | 12.31M | 8.70M | 6.55M |
| Gross Profit | 11.85M | 9.31M | 10.57M | 7.35M | 5.86M |
| EBITDA | 1.07M | 183.00K | 643.00K | -38.00K | -305.00K |
| Net Income | 620.00K | -158.00K | 309.00K | -338.00K | -642.00K |
Balance Sheet | |||||
| Total Assets | 6.11M | 4.43M | 5.21M | 4.13M | 4.26M |
| Cash, Cash Equivalents and Short-Term Investments | 1.54M | 236.00K | 765.00K | 50.00K | 459.00K |
| Total Debt | 178.00K | 619.00K | 439.00K | 1.46M | 1.70M |
| Total Liabilities | 3.98M | 3.15M | 3.83M | 3.46M | 3.43M |
| Stockholders Equity | 2.13M | 1.28M | 1.38M | 670.00K | 836.00K |
Cash Flow | |||||
| Free Cash Flow | 1.83M | -29.00K | 1.67M | -98.00K | -501.00K |
| Operating Cash Flow | 1.84M | 21.00K | 1.71M | -33.00K | -446.00K |
| Investing Cash Flow | -13.00K | -73.00K | -43.00K | -116.00K | -69.00K |
| Financing Cash Flow | -527.00K | -477.00K | -954.00K | -260.00K | 607.00K |
Norman Broadbent Technical Analysis
Negative
232.50
Price Trends
235.35
Negative
235.15
Negative
226.63
Negative
Market Momentum
-3.20
Positive
10.94
Positive
46.31
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:NBB, the sentiment is Negative. The current price of 232.5 is above the 20-day moving average (MA) of 231.38, below the 50-day MA of 235.35, and above the 200-day MA of 226.63, indicating a bearish trend. The MACD of -3.20 indicates Positive momentum. The RSI at 10.94 is Positive, neither overbought nor oversold. The STOCH value of 46.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:NBB.
Norman Broadbent Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | £13.50M | 3.24 | 24.41% | 6.40% | -6.12% | 4.30% | |
71 Outperform | £35.95M | 5.49 | 11.07% | 3.35% | 2.40% | 1101.69% | |
69 Neutral | £4.33M | 6.90 | 26.59% | ― | 17.91% | 73.21% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | £50.49M | 11.41 | 13.11% | ― | 1.44% | ― | |
46 Neutral | £56.17M | -3.34 | -24.67% | 12.88% | -14.31% | -361.93% | |
40 Underperform | £10.42M | -2.13 | -33.84% | ― | -1.70% | -29.90% |
* Industrials Sector Average
GB:NBB
Norman Broadbent
225.00
134.00
147.25%
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21.50
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GB:GATC
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114.00
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GB:RWA
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85.40
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-59.12%
GB:RTC
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107.50
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GB:STAF
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44.45
15.95
55.96%
Norman Broadbent Corporate Events
Business Operations and StrategyShareholder Meetings
Norman Broadbent Clears Shareholder Hurdle for Capital Reduction
Positive
Mar 26, 2026
Norman Broadbent plc, the AIM-quoted executive search and interim management specialist, has confirmed that shareholders passed all resolutions at a general meeting to approve a proposed capital reduction. The vote, conducted by poll, supports a r...
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresM&A Transactions
Norman Broadbent Delivers Record 2025 Results and Completes Four-Year Turnaround
Positive
Mar 25, 2026
Norman Broadbent reported record 2025 results, with net fee income rising 32% to £12.3m and underlying EBITDA jumping 333% to £1.3m, delivering its medium-term profit target and marking its strongest performance in over a decade despite ...
Business Operations and StrategyShareholder Meetings
Norman Broadbent Plans Capital Reduction to Create Distributable Reserves
Positive
Mar 10, 2026
Norman Broadbent plc, the AIM-quoted executive search and interim management group, plans to simplify its capital structure and create distributable reserves through a proposed capital reduction. The move follows recent and expected operational pr...
Business Operations and StrategyFinancial Disclosures
Norman Broadbent Sets Date for 2025 Results and Investor Presentation
Neutral
Mar 9, 2026
Norman Broadbent plc, a UK-headquartered executive search and interim management specialist with a longstanding presence across multiple industries, focuses on senior leadership recruitment and advisory services in the UK and international markets...
Business Operations and StrategyFinancial Disclosures
Norman Broadbent Sets Date for 2025 Final Results and Investor Presentation
Neutral
Mar 9, 2026
Norman Broadbent plc, the AIM-quoted executive search and interim management specialist, operates across the UK and internationally, providing senior leadership recruitment and advisory services to clients in consumer, financial services, industri...
Business Operations and StrategyM&A Transactions
Norman Broadbent buys Society to deepen third-sector and travel search reach
Positive
Feb 25, 2026
Norman Broadbent plc, the AIM-quoted executive search and interim management group, has acquired Society Limited, a London-based certified B Corporation focused on board-level recruitment in the third sector and travel and hospitality markets. Soc...
Business Operations and StrategyExecutive/Board Changes
Norman Broadbent Non-Executive Director to Step Down in March 2026
Neutral
Feb 6, 2026
Norman Broadbent Plc has announced that independent non-executive director Devyani Vaishampayan will step down from the board with effect from 5 March 2026 to focus on her other business commitments. The company’s chair praised her four-year...
Business Operations and StrategyExecutive/Board Changes
Norman Broadbent Non-Executive Director Jon Kempster to Step Down at 2026 AGM
Positive
Jan 21, 2026
Norman Broadbent has announced that Non-Executive Director Jon Kempster will not stand for re-election at the company’s 2026 AGM and will retire from the board at the conclusion of that meeting, citing a desire to focus on other commitments ...
Business Operations and StrategyFinancial Disclosures
Norman Broadbent Delivers Record 2025 Results and Completes Turnaround
Positive
Jan 15, 2026
Norman Broadbent reported record financial results for the year ended 31 December 2025, with net fee income rising 32% to £12.3m and underlying EBITDA increasing more than fourfold to £1.3m, delivering on the medium-term EBITDA target se...
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.