Search Follow us

Numis Corporation (NUM)

Business description

Numis is one of the UK's leading independent corporate advisory and stockbroking groups, offering a full range of research, execution, equity capital markets, corporate broking and advisory services. At the end of September 2018 it had 210 corporate clients.

Stock data

Market cap.£272.7m
Last close255.00p
High / Low (52 weeks)440.0p / 221.5p
Stock market listingLN
Forecast net debt (£m)N/A
Forecast gearing ratio (%)N/A
TeamFinancials
SectorFinancials

Price performance

%1m3m12m
Actual5.4(10.5)(23.9)
Relative *2.6(12.2)(22.4)

* % Relative to local index

Other companies in sector Show

3i Group Abbey Protection
Aberdeen Asset Management Admiral Group
AFH Financial Group Ai Claims Solutions
Allied Minds Alpha Strategic
Amlin APQ Global
Arbuthnot Banking Group Arden Partners
Ashford Ashford Hospitality Trust
Ashmore Group Attica Bank
Aviva Banca IFIS
Banca Sistema BB Healthcare Trust
Beazley Braemar Hotels & Resorts
Brewin Dolphin Brightside Group
Catlin Group Cenkos Securities
ChimpChange Circle Holdings
City of London Group Collins Stewart
Consus Real Estate Corestate Capital Holding
Covercy Creditshelf
Curtis Banks DeA Capital
Deutsche Börse Deutsche Grundstücksauktionen
DF Deutsche Forfait Empiric Student Property
Ernst Russ Experian
Fairpoint Group FBD Holdings
FCR Immobilien Ferratum Oyj
FinLab Freedom Holding Corp
Gable Holdings Gartmore Group
GCP Student Living German Startups Group
GLI Finance Grand City Properties
Hardy Underwriting Hargreaves Lansdown
Heartland New Zealand Helphire
Henderson Group Hiscox
HSBC Holdings ICAP
ICG-Longbow SSUP IE Financial
IFG Group IG Group
Impax Asset Management International Personal Finance
Is Yatirim Menkul Degerler JDC Group
John Laing Group Jupiter Fund Management
Lancashire Holdings Lighthouse Group
Liontrust Asset Management Lloyd Fonds
London Stock Exchange Group MAN Group
Market Tech Holdings Mattioli Woods
MCB Finance Group mic
Moneysupermarket.com MPC Capital
MyBucks NEOVIA Financial
Noratis Novae Group
Nurnberger Beteiligungs Oakley Capital Investments
Ocean Capital Oekoworld
Omega Insurance Holdings OTC Markets Group
Panmure Gordon Park Group
Picton Property Income Powerhouse Ventures
Prudential publity
Quayle Munro Holdings Randall & Quilter Investment Holdings
RCM Beteiligungs Record
Rensburg Sheppards RSM Tenon
S&U Sanlam Securities UK
Scherzer & Co Schroders
Secure Trust Bank Share
Shore Capital Group St. James's Place
Supermarket Income REIT Syndicate Asset Management
Tawa The Dolphin Square Charitable Foundation
Town Centre Securities Tungsten Corporation
UmweltBank Warsaw Stock Exchange
WH Ireland WorldSpreads Group

Company news

Y/E Sep Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2017A 130.1 36.0 38.3 25.9 9.8 N/A
2018A 136.0 30.9 31.6 23.0 11.1 N/A
2019E 124.9 26.0 25.4 18.0 14.2 N/A
2020E N/A N/A N/A N/A N/A N/A

Last updated on 27/01/2019

Investment summary

Unsurprisingly, Numis’s AGM update highlights the difficult macro and equity market background in the first four months of the company’s financial year. Corporate transactions, equity issuance and investor activity are all subdued. The trading book has also suffered in these conditions. A positive indicator of the continuing strength of the franchise is that research and sales income are on track to be maintained. Our estimates are unchanged, although we note this would require a stronger second half than we originally assumed.

Last updated on 05/02/2019

Industry outlook

Recent market trends suggest profits could be lower again this year and we reduced our estimate accordingly with a 30% reduction in EPS. Looking beyond this, the investment in strengthening the franchise should mean that Numis is well placed to achieve further significant growth through market cycles with a larger and higher quality corporate franchise and more diverse revenue streams.

Last updated on 01/02/2019

Key management

Andrew Holloway, Finance director

Company address

10 Paternoster Square
London
EC4M 7LT
United Kingdom
+44 (0)20 7260 1000
View website