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Norcros PLC (DE:3N1N)
FRANKFURT:3N1N

Norcros (3N1N) Price & Analysis

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3N1N Stock Chart & Stats

€3.72
€0.00(0.00%)
At close: 4:00 PM EDT
€3.72
€0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Positive Free Cash FlowConsistently positive free cash flow gives Norcros an internal source of funding for investment, debt service and shareholder returns. The improvement in 2026 is encouraging because it supports financial flexibility across its bathroom and kitchen product businesses, although cash conversion still needs monitoring.
Revenue GrowthPositive revenue growth indicates that Norcros continues to generate demand across its bathroom, kitchen, tile and installation-material categories. Growth across trade, retail and project channels can support operating leverage and strengthen the company’s scale, provided profitability remains resilient as sales expand.
Improved Operating PerformanceThe sharp improvement in operating and EBITDA margins suggests that underlying trading performance strengthened after the weaker 2025 period. If sustained, better operating profitability can improve cash generation, support reinvestment in branded products and provide greater resilience through uneven construction demand.
Bears Say
Near-Break-Even Net IncomeNear-zero net income materially weakens the quality and durability of Norcros’s earnings base. It leaves less profit available to reinvest, reduce debt or distribute to shareholders, and makes results more sensitive to modest changes in demand, costs or financing expenses over coming periods.
Rising LeverageThe rise in debt-to-equity indicates reduced balance-sheet flexibility compared with earlier years. Higher leverage can increase financing demands and constrain capital allocation if trading weakens, while the deterioration in returns on equity means the additional balance-sheet risk has not yet translated into stronger shareholder returns.
Volatile Revenue TrendUneven revenue performance points to an inconsistent demand environment across Norcros’s construction-related markets. This volatility makes capacity planning and margin management more difficult, reduces confidence in steady earnings compounding, and increases the importance of maintaining a balanced mix of trade, retail and project sales.

Norcros News

3N1N FAQ

What was Norcros PLC’s price range in the past 12 months?
Norcros PLC lowest stock price was €2.84 and its highest was €4.38 in the past 12 months.
    What is Norcros PLC’s market cap?
    Norcros PLC’s market cap is €314.52M.
      When is Norcros PLC’s upcoming earnings report date?
      Norcros PLC’s upcoming earnings report date is Nov 12, 2026 which is in 50 days.
        How were Norcros PLC’s earnings last quarter?
        Norcros PLC released its earnings results on Jun 11, 2026. The company reported €0.228 earnings per share for the quarter, beating the consensus estimate of €0.223 by €0.006.
          Is Norcros PLC overvalued?
          According to Wall Street analysts Norcros PLC’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Norcros PLC pay dividends?
            Norcros PLC does not currently pay dividends.
            What is Norcros PLC’s EPS estimate?
            Norcros PLC’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Norcros PLC have?
            Norcros PLC has 90,241,510 shares outstanding.
              What happened to Norcros PLC’s price movement after its last earnings report?
              Norcros PLC reported an EPS of €0.228 in its last earnings report, beating expectations of €0.223. Following the earnings report the stock price went up 0.646%.
                Which hedge fund is a major shareholder of Norcros PLC?
                Currently, no hedge funds are holding shares in DE:3N1N
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Norcros PLC

                  Norcros plc stands as a leading designer, manufacturer, and distributor of a wide array of bathroom and kitchen products, operating across the United Kingdom and South Africa. The company's extensive portfolio includes electric and mixer showers, along with accessories, marketed under the Triton brand. Merlyn provides high-quality shower enclosures and trays, serving residential, commercial, and hospitality sectors. Additionally, Vado supplies a range of taps, mixer showers, bathroom accessories, and valves. For diverse bathroom furnishings and accessories such as toilet seats, wall-mounted cupboards, vanity units, shower rods, rails, and curtains, Norcros caters to retail and trade clients through its Croydex line. In the kitchen domain, the Abode brand delivers innovative kitchen taps, sinks, and instant hot water solutions. Johnson Tiles is responsible for producing ceramic wall and floor tiles. Supporting tiling endeavors, Norcros Adhesives offers crucial adhesives, grouts, and surface preparation products essential for the installation of ceramic, porcelain, mosaic, natural stone, and marble tiles. Furthermore, the company manufactures waterproof decorative bathroom wall panels under the Home of Multipanel brand. Within South Africa, the TAL brand provides a comprehensive suite of tiling solutions, encompassing tile adhesives, pourable floor coverings, and tools for various tile types, alongside floor preparation items like primers, additives, patching compounds, screeds, self-levelling screeds, and waterproofing systems. Specialist plumbing materials are also distributed via the House of Plumbing brand. The company's retail footprint includes Tile Africa, which sells wall and floor tiles, adhesives, showers, sanitaryware, and bathroom fittings. Norcros serves a broad client base, including individual consumers, architects, designers, property developers, retailers, and wholesalers. Founded in 1999, Norcros plc is headquartered in Wilmslow, United Kingdom.

                  Norcros (3N1N) Earnings & Revenues

                  3N1N Stock 12 Month Forecast

                  Average Price Target

                  €5.13
                  ▲(37.90% Upside)
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