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Novus Holdings Ltd
JSE:NVS

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Novus Holdings Ltd
JSE:NVS
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Price: 541 Zac Market Closed
Market Cap: 1.9B ZAR

P/FCFE

1.9
Current
24%
Cheaper
vs 3-y average of 2.5

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
1.9
=
Market Cap
Zac1.7B
/
Free Cash Flow to Equity
890.5m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
1.9
=
Market Cap
Zac1.7B
/
Free Cash Flow to Equity
890.5m

Valuation Scenarios

Novus Holdings Ltd is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (2.5), the stock would be worth Zac709.15 (31% upside from current price).

Statistics
Positive Scenarios
3/3
Maximum Downside
No Downside Scenarios
Maximum Upside
+1 004%
Average Upside
357%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 1.9 Zac541
0%
3-Year Average 2.5 Zac709.15
+31%
5-Year Average 2.6 Zac732.16
+35%
Country Average 21.1 Zac5 970.71
+1 004%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
ZA
Novus Holdings Ltd
JSE:NVS
1.7B ZAR 1.9 6.9
JP
Toppan Inc
TSE:7911
1.4T JPY 10 19.2
JP
Dai Nippon Printing Co Ltd
TSE:7912
1.3T JPY 13.6 19.4
JP
TOPPAN Holdings Inc
SWB:TPX
4.6B EUR 5.9 11.3
US
Brady Corp
NYSE:BRC
3.9B USD 24.1 19.1
IE
Cimpress PLC
NASDAQ:CMPR
2.3B USD 23.1 97.7
US
Deluxe Corp
NYSE:DLX
1.4B USD 132 17.5
CN
Hongbo Co Ltd
SZSE:002229
8.1B CNY -60.2 -55.8
JP
Toppan Forms Co Ltd
TSE:7862
172B JPY 22.8 35.6
CN
Sichuan Jinshi Technology Co Ltd
SZSE:002951
6.1B CNY -11.7 866.6
US
RR Donnelley & Sons Co
F:DLLN
666m EUR -24.3 209
P/E Multiple
Earnings Growth PEG
ZA
N
Novus Holdings Ltd
JSE:NVS
Average P/E: 130.2
6.9
N/A N/A
JP
Toppan Inc
TSE:7911
19.2
3%
6.4
JP
Dai Nippon Printing Co Ltd
TSE:7912
19.4
-2%
N/A
JP
TOPPAN Holdings Inc
SWB:TPX
11.3
3%
3.8
US
Brady Corp
NYSE:BRC
19.1
16%
1.2
IE
Cimpress PLC
NASDAQ:CMPR
97.7
122%
0.8
US
Deluxe Corp
NYSE:DLX
17.5
N/A N/A
CN
H
Hongbo Co Ltd
SZSE:002229
Negative Multiple: -55.8 N/A N/A
JP
Toppan Forms Co Ltd
TSE:7862
35.6
N/A N/A
CN
S
Sichuan Jinshi Technology Co Ltd
SZSE:002951
866.6
N/A N/A
US
R
RR Donnelley & Sons Co
F:DLLN
209
N/A N/A

Market Distribution

Lower than 100% of companies in South Africa
Percentile
0th
Based on 10 companies
0th percentile
1.9
Low
11.2 — 21.1
Typical Range
21.1 — 22.7
High
22.7 —
Distribution Statistics
South Africa
Min 11.2
30th Percentile 21.1
Median 21.1
70th Percentile 22.7
Max 26.3

Novus Holdings Ltd
Glance View

Novus Holdings Ltd., rooted deeply in South Africa's economic fabric, has established itself as a formidable entity in the printing and packaging industry. Born from the rich heritage of Paarl Media Group, the company diversified its operations to capitalize on the multifaceted demands of modern commerce. The core of its operations lies in high-volume printing solutions, serving sectors ranging from education through textbooks to retail via magazines and newspapers. As the digital tide rises, Novus has deftly balanced traditional print services with digital print offerings, ensuring it remains relevant and adaptable. By leveraging its extensive network of advanced printing facilities dispersed across Southern Africa, Novus thrives on economies of scale, allowing it to deliver competitively priced, high-quality products. Beyond the glossy pages and richly detailed packaging, Novus ventures into more diversified revenue streams. The company's packaging division, Novus Packaging, illustrates this strategy by offering comprehensive labelling solutions, particularly focusing on the burgeoning FMCG—fast-moving consumer goods—sector. By producing everything from wine labels to pharmaceutical packaging, Novus capitalizes on the ever-present need for branding and product distinction. Moreover, its tissues division adds another layer to its portfolio, manufacturing tissues and other hygienic paper products, which cater to both commercial and consumer markets. This strategic diversification not only cushions Novus against volatility in any single industry but also embeds it more deeply across the South African economic landscape.

NVS Intrinsic Value
608.81 Zac
Undervaluation 11%
Intrinsic Value
Price Zac541
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