Northern Bear (NTBR) AI Stock Analysis

• Market Cap: £13.06M
• Dividend Yield: 2.63%
• Average Volume (3M): 33.77K
• Price to Earnings (P/E): 5.7
• Beta (1Y): <0.01
• Revenue Growth: 13.73%
• EPS Growth: 78.68%
• Country: UK
• Employees: 411
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): 0.08
• Shares Outstanding: 13,750,276
• 10 Day Avg. Volume: 8,517
• 30 Day Avg. Volume: 33,774
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: £103.00
• Price Target Upside: 6.74% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: 103.00p ▲(6.74% Upside)

Northern Bear's strong financial performance and attractive valuation are the primary drivers of its stock score. The company shows robust revenue growth and profitability, supported by a solid balance sheet. While technical indicators suggest some short-term bearishness, the stock's low P/E ratio and reasonable dividend yield enhance its appeal. The absence of recent earnings call data and corporate events means these factors do not influence the score.

Northern Bear Business Overview & Revenue Model

Company Description

Northern Bear PLC, together with its subsidiaries, provides building and support services to local authorities, housing associations, NHS trusts, universities, construction companies, and national house builders in Northern England. It operates through three segments: Roofing Activities, Materials Handling Activities, and Construction Activities. The company sells, supplies, hires, maintains, and services forklift trucks and warehouse equipment. It also provides roofing contractor services, such as roof slating, tiling, leadwork, felting and general roof repairs, specialist leadwork, and refurbishment and maintenance services for domestic, commercial, and public sector properties. In addition, the company is involved in the supply and fixing of passive fire protection systems, fire stopping systems, and acoustic insulations; heritage restoration; and the provision of building contractor services, such as planned responsive and reactive maintenance, extensions, restoration, and new build and refurbishment works. Further, it offers health and safety consultancy services; HD video and photography of buildings; commercial interior design and fitting services; electrical repair, installation, maintenance, and testing services; fire alarms, emergency lighting, and door access systems; and unmanned aerial imagery services, as well as sound insulation services. Northern Bear PLC was incorporated in 2006 and is headquartered in Newcastle upon Tyne, the United Kingdom.

How the Company Makes Money

Northern Bear generates revenue through multiple streams, primarily from the sale of its manufactured building materials and tools to construction companies and retailers. The company also earns money through service contracts and maintenance agreements associated with its products. Key revenue streams include direct sales to contractors, online sales through its e-commerce platforms, and partnerships with larger retailers that distribute its products. Additionally, Northern Bear leverages its expertise in the industry to provide consultancy services, thereby creating supplementary income. Strategic partnerships with suppliers and distributors enhance its market reach and contribute to its overall earnings.

Northern Bear Financial Statement Overview

Summary

Northern Bear exhibits strong financial health with impressive revenue growth and profitability improvements. The balance sheet is solid, with low leverage and high equity, while cash flow management shows positive trends. Continued focus on maintaining margins and cash flow stability will be key to sustaining this performance in the construction industry.

Income Statement

Northern Bear has shown a strong revenue growth rate of 12.6% in the latest year, with improving gross and net profit margins. The gross profit margin increased to 24.6%, and the net profit margin improved to 2.95%. The EBIT and EBITDA margins also show positive trends, indicating enhanced operational efficiency. However, the construction industry can be volatile, and maintaining these margins will be crucial.

Balance Sheet

The company's balance sheet is robust, with a low debt-to-equity ratio of 0.14, indicating prudent financial leverage. The return on equity stands at 10.33%, reflecting effective use of equity to generate profits. The equity ratio of 52.4% suggests a strong capital structure, providing stability and reducing financial risk.

Cash Flow

Northern Bear's cash flow performance has significantly improved, with a free cash flow growth rate of 203% and a free cash flow to net income ratio of 0.74. The operating cash flow to net income ratio of 0.43 indicates a healthy conversion of income into cash. However, past fluctuations in free cash flow highlight the need for consistent cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	78.11M	78.11M	68.68M	69.72M	61.10M	49.18M
Gross Profit	19.22M	19.22M	15.87M	13.93M	12.44M	8.44M
EBITDA	4.72M	4.98M	3.85M	3.33M	335.00K	-469.00K
Net Income	2.31M	2.31M	1.62M	1.59M	-1.33M	-1.79M
Balance Sheet
Total Assets	42.56M	42.56M	39.35M	40.11M	39.03M	36.54M
Cash, Cash Equivalents and Short-Term Investments	3.97M	3.97M	978.00K	3.15M	3.23M	2.11M
Total Debt	3.23M	3.23M	5.18M	2.24M	3.25M	1.60M
Total Liabilities	20.25M	20.25M	19.09M	17.55M	18.06M	14.25M
Stockholders Equity	22.31M	22.31M	20.26M	22.57M	20.98M	22.29M
Cash Flow
Free Cash Flow	5.16M	5.50M	-1.32M	1.12M	248.00K	2.18M
Operating Cash Flow	7.10M	7.43M	683.00K	2.59M	2.00M	3.38M
Investing Cash Flow	-1.46M	-1.41M	-1.18M	-946.00K	-1.21M	-830.00K
Financing Cash Flow	-2.65M	-3.03M	-1.67M	-1.72M	333.00K	-4.09M

Northern Bear Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 96.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:NTBR, the sentiment is Positive. The current price of 96.5 is above the 20-day moving average (MA) of 91.90, above the 50-day MA of 94.57, and above the 200-day MA of 70.29, indicating a bullish trend. The MACD of 0.46 indicates Negative momentum. The RSI at 63.50 is Neutral, neither overbought nor oversold. The STOCH value of 79.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:NTBR.

Northern Bear Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EPWN	77 Outperform	160.51M	10.04	15.81%	4.32%	-6.20%	83.31%
NTBR	75 Outperform	£13.06M	5.67	10.83%	2.63%	13.73%	78.68%
HSM	64 Neutral	8.74M	9.85	7.22%	3.79%	-3.07%	15.64%
ALU	64 Neutral	125.21M	12.89	―	3.17%	19.86%	19.09%
TON	43 Neutral	10.69M	-3.31	-33.85%	―	-27.62%	-228.90%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Northern Bear Corporate Events

Northern Bear plc Successfully Passes All AGM Resolutions

Northern Bear plc, a company listed on the London Stock Exchange, held its Annual General Meeting where all proposed resolutions were passed. Notably, Steve Roberts stepped down as an executive director, leading to the withdrawal of a related resolution. The meeting saw the approval of various resolutions including the adoption of financial statements, re-election of directors, and authorization of dividends and share buybacks, reflecting strong shareholder support and potential strategic moves to enhance shareholder value.

The most recent analyst rating on (GB:NTBR) stock is a Buy with a £99.00 price target. To see the full list of analyst forecasts on Northern Bear stock, see the GB:NTBR Stock Forecast page.

Northern Bear Announces Board Change with Steve Roberts Stepping Down

Northern Bear plc has announced a change in its Board as Steve Roberts steps down from his role as an Executive Director. Roberts, who rejoined the Board in January 2024 to ensure continuity after the retirement of a former director, will continue to serve as a non-plc Board Director and part of the Senior Leadership Team. His contributions have been significant in ensuring a smooth transition of the Board, and the company appreciates his ongoing support.

The most recent analyst rating on (GB:NTBR) stock is a Buy with a £117.00 price target. To see the full list of analyst forecasts on Northern Bear stock, see the GB:NTBR Stock Forecast page.

Northern Bear Corrects AGM Proxy Dates

Northern Bear plc has announced a correction to the dates provided in the proxy form for its upcoming Annual General Meeting (AGM) due to a minor administrative error. The AGM will now be held on September 9, 2025, with proxy forms to be returned by September 5, 2025. This update ensures shareholders are informed of the correct schedule, maintaining transparency and trust with stakeholders.

The most recent analyst rating on (GB:NTBR) stock is a Buy with a £117.00 price target. To see the full list of analyst forecasts on Northern Bear stock, see the GB:NTBR Stock Forecast page.

Northern Bear Announces Changes in Shareholdings

Northern Bear plc has announced changes in the holdings of its ordinary shares. Mr. D O’Hare’s stake has decreased to less than 3%, while Mr. K Soulsby and his family now hold approximately 3.62% of the company’s issued share capital. These changes in shareholder positions could influence the company’s market dynamics and stakeholder interests.

The most recent analyst rating on (GB:NTBR) stock is a Buy with a £117.00 price target. To see the full list of analyst forecasts on Northern Bear stock, see the GB:NTBR Stock Forecast page.

Northern Bear PLC Reports Strong Financial Performance and Strategic Growth

Northern Bear PLC reported strong financial results for the year ended 31 March 2025, with revenue increasing to £78.1 million and a significant rise in gross profit and earnings per share. The company’s strategic focus on maintaining a balance of private and public sector clients, along with investments in training and decarbonisation, contributed to its robust performance. Despite macro-economic challenges, the company maintained high site activity levels and proposed dividends to reward shareholders. The appointment of Julian Davis as Chief Financial Officer is expected to bolster the company’s financial management. Looking ahead, Northern Bear anticipates consistent operating profits in FY26, supported by a strong forward order book and continued investments in growth.

Northern Bear to Announce Annual Results and Host Investor Presentation

Northern Bear plc has announced that it will release its audited financial results for the year ending 31 March 2025 on 15 July 2025. The company will also host a live investor presentation on the same day, led by CEO John Davies and CFO Julian Davis, to discuss the results. This presentation is open to all current and potential shareholders, allowing them to engage with the company’s leadership and gain insights into its financial performance and future prospects.