# Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P (NTEA.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 121p, market value 154 millionp.

## Valuation
- **P/E (trailing): 113.9×** (5-yr avg 137.3×, 3-yr avg 104.1×). Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P trades at 113.9× trailing earnings, close to its own five-year average of 137.3×. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.1×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 4.0×**. Enterprise value is 4.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -11.3%** (5-yr avg 0.6%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 0.9%**. The inverse of the P/E: 0.9% of the price is earned each year.

## Profitability
- **Gross margin: 59.9%**. Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P keeps 59.9% of revenue after the direct cost of what it sells.
- **Operating margin: 39.0%**. 39.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 23.1%**. 23.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.2%**. 9.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 5.7%**. Return on all capital, debt included, is 5.7%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 3.3%**. Each dollar of assets produces 3.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -12.6%** (3-yr 1.6%/yr, 5-yr 5.2%/yr). Revenue fell 12.6% over the last year, against 5.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -35.0%** (3-yr 4.8%/yr, 5-yr 6.3%/yr). Earnings per share fell 35.0%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: 22 millionp**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -7.7%** (YTD -10.2%, 3-mo -7.0%). The shares are down 7.7% over twelve months including dividends.
- **From 52-week high: -11.9%** (9366.7% above the low). Trading 12% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 38**. An RSI of 38 is neutral.

Live score and charts: https://foliofundamentals.com/analyzer?s=NTEA.L · Page: https://foliofundamentals.com/stocks/ntea.l

Not investment advice.