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Northamber (NAR) AI Stock Analysis

GB:NAR

Northamber

(LSE:NAR)

Select Model
Rating:58Neutral
Price Target:GBX 25.00â–²(2.04% Upside)
Action:initiatedcoverage
Date:01/04/26

Northamber's stock receives a score of 58, reflecting a mixed profile. The company's financial performance is weighed down by persistent losses and equity erosion, though revenue growth, a debt-free balance sheet, and recently positive cash flow provide some support. Technical indicators are neutral to slightly positive, while valuation remains unattractive due to the negative P/E. Investors should monitor the company's ability to return to profitability.

Positive Factors
Debt-free balance sheetA zero-debt capital structure materially reduces financial risk for a low-margin distributor. It preserves flexibility to fund working capital, withstand demand cycles, and finance strategic moves without refinancing risk, supporting durable resilience over the next several quarters.
Negative Factors
Widening net losses and declining equitySustained and widening losses have eroded equity, reducing the company’s capital buffer and limiting financial flexibility. Over months this constrains the ability to invest in growth or absorb shocks, raising execution risk for strategic initiatives and potential need for capital support.

Northamber (NAR) vs. iShares MSCI United Kingdom ETF (EWC)

-20%-10%0%10%20%30%GB:NAR-10.71%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
GBP 6.64M
Dividend Yield
2.45%
Average Volume (3M)
3,981
Price to Earnings (P/E)
-1.7
Beta (1Y)
-0.20
Revenue Growth
19.66%
EPS Growth
-151.99%
Country
UK
Employees
126
Sector
Technology
Sector Strength
61
Industry
Technology Distributors

Northamber Business Overview & Revenue Model

Company Description

Northamber plc, established in 1980 and headquartered in Chessington, United Kingdom, serves as a key distributor of a wide array of technology products. The company's primary operations involve supplying computer hardware, printing solutions, periph...

How the Company Makes Money

Northamber primarily makes money through distribution: it purchases technology products from vendors/manufacturers and sells them to trade customers (resellers/integrators), earning a gross margin on the difference between its purchase cost and selli...

Northamber Financial Statement Overview

Summary

Northamber's revenue grew 13% and gross margin improved to 14.2%, while the balance sheet is debt-free, providing stability. However, persistent net losses (-£4.0M) and equity erosion offset these strengths. Cash flow turned positive but remains modest. Overall financial health is below average.

Income Statement

25Negative

Balance Sheet

45Neutral

Cash Flow

35Negative
Financial statement breakdown
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Dec 2020
Income Statement
Total Revenue70.53M63.31M56.01M67.15M66.26M60.01M
Gross Profit10.06M9.00M8.04M8.91M8.47M7.81M
EBITDA-2.63M-2.78M-621.00K4,000-55.00K791.00K
Net Income-3.81M-4.03M-1.33M-411.00K-442.00K337.00K
Balance Sheet
Total Assets50.54M37.99M38.40M35.83M34.82M35.11M
Cash, Cash Equivalents and Short-Term Investments2.79M4.58M4.69M5.51M4.70M7.45M
Total Debt000000
Total Liabilities32.87M19.96M15.91M11.95M10.37M10.03M
Stockholders Equity17.67M18.03M22.48M23.88M24.45M25.09M
Cash Flow
Free Cash Flow101.00K243.00K-704.00K-577.00K-2.63M-3.38M
Operating Cash Flow618.00K480.00K-269.00K-219.00K-2.40M-3.13M
Investing Cash Flow-208.00K-330.00K-3.21M1.20M-157.00K-224.00K
Financing Cash Flow-260.00K-260.00K2.66M-163.00K-191.00K-163.00K

Northamber Technical Analysis

Technical Analysis SentimentNegative
Last Price24.50

Price Trends

50DMA24.92Negative
100DMA24.60Negative
200DMA26.37Negative

Market Momentum

MACD-0.13Positive
RSI38.21Neutral
STOCH53.19Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:NAR, the sentiment is Negative. The current price of 24.50 is below the 20-day moving average (MA) of 24.75, below the 50-day MA of 24.92, and below the 200-day MA of 26.37, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 38.21 is Neutral, neither overbought nor oversold. The STOCH value of 53.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:NAR.

Northamber Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

GB:NAR against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
GB:INGGB:ING74OutperformGBP 10.26M8.1216.63%6.67%-0.48%-34.98%
GB:SYSGB:SYS65NeutralGBP 29.72M-16.06-8.35%―7.66%8.26%
Sector *61Neutral$37.18B12.37-10.20%1.83%8.50%-7.62%
GB:NARGB:NAR58NeutralGBP 6.64M-1.70-21.33%2.45%19.66%-151.99%
GB:MIDWGB:MIDW55NeutralGBP 172.42M-10.73-10.30%3.24%1.59%-336.93%
GB:TIDEGB:TIDE50NeutralGBP 6.41M23.104.92%―――
GB:RDTGB:RDT39UnderperformGBP 1.18M-0.23480.99%―-1.56%55.81%

* Technology Sector Average

Performance Comparison

-50%0%50%100%GB:NARGB:TIDEGB:INGGB:MIDWGB:RDTGB:SYSDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
GB:NAR and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:NARNorthamber plc24.50-2.94-10.71%
GB:TIDECrimson Tide97.5032.5050.00%
GB:INGIngenta plc67.50-25.79-27.65%
GB:MIDWMidwich Group plc166.802.381.45%
GB:RDTRosslyn Data Technologies1.00-2.35-70.15%
GB:SYSSysGroup plc35.5018.00102.86%

Northamber Corporate Events

Business Operations and StrategyRegulatory Filings and Compliance

Northamber Adjusts Treasury Shares and Updates Voting Rights

Neutral
Jul 27, 2026

Northamber PLC has transferred 200,000 ordinary shares of 1 pence each from treasury to settle fees for consultancy services, issuing these as fee shares. Following the move, the company’s issued share capital stands at 27,413,404 ordinary shar...

Stock BuybackRegulatory Filings and Compliance

Northamber Buys Back Shares for Consultant Remuneration and Updates Voting Capital

Neutral
Jun 10, 2026

Northamber plc has repurchased 200,000 ordinary shares of 1p each at a price of 25 pence per share, which will be issued to a consultant as payment in lieu of services rendered. The transaction, executed on AIM at 16:21:24, forms part of the company&...

Regulatory Filings and Compliance

Northamber Finance Director Increases Stake with Share Purchase

Positive
May 15, 2026

Northamber’s Group Finance Director, Kris Grimwood, has purchased 14,573 ordinary shares in the company at a price of 27.448 pence per share. The transaction, conducted on 15 May 2026 on AIM, increases Grimwood’s holding to 14,573 shares,...

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.

Date of analysis: Dec 30, 2025