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GROWTH & VALUE

IMPLIED MARGIN OF SAFETY (beta)
SCREENS PASSED 3
Balance Sheet · Income Statement · Cashflow FINANCIAL SUMMARY
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Last ex-div: 17th Apr, paid: 9th May more... Dividends
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Book Value ps p +1.9%

FINANCIAL BRIEF: For the fiscal year ended 31 December 2012, Novae Group Plc revenues decreased 2% to L544.8M. Net income totaled L27.7M vs. loss of L7.4M. Revenues reflect decrease in net premium earned. Net Income reflects Central expenses decrease of 5% to L16.6M (expense), Interest Payable decrease of 9% to L7M (expense). Dividend per share increased from L0.18 to L0.20. more »

HEALTH TREND

BANKRUPTCY RISK

  EARNINGS MANIPULATION RISK

MAGIC FORMULA SCORE
B+
B+

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BROKER FORECASTS
31st Dec 2013
31st Dec 2014

Price Target: 500.6p (+1.21% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (p) (p) (£) (p) (p)
Consensus Estimate
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6 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for Novae
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 3 1 2

Named Brokers and Analysts
Canaccord Genuity Ben Cohen , Numis Securities Nick Johnson , Peel Hunt Mark Williamson , Collins Stewart & Co , Edison Investment Research Martyn King , Macquarie Research , Westhouse Securities Ltd. Joanna Parsons , FinnCap , Shore Capital Stockbrokers Eamonn Flanagan , Espirito Santo Investment Bank Joy Ferneyhough ,

Novae Group plc is a holding company. The Company carries on insurance business and associated financial activities. The Company operates in two segments: Insurance and Reinsurance. Insurance segment consists of five product groups: financial institutions and professional indemnity; general liability and motor; marine and energy; political and credit and property. Reinsurance segment consists of five product groups: agriculture; credit and surety; general liability and motor; marine and aviation and property. The Company's property and casualty insurance and reinsurance contracts cover catastrophic events, such as hurricanes, windstorms, hailstorms, earthquakes, volcanic eruptions, fires, industrial explosions, freezes, floods, riots, acts of terrorism and other natural or man-made disasters. It underwrites a range of specialist insurance and reinsurance classes. It operates principally in the commercial lines and reinsurance markets through Lloyd’s.

Directors: Matthew Fosh (CEO) 55, Charles Fry (CFO) , Jeremy Adams (Corp. Exec.) 56, T. Furmston (Secy.) ,

No. of Employees: 265 No. of Shareholders: 1,220


Last Annual December 31st, 2012
Last Interim December 31st, 2012
Shares in Issue 64,425,640
Free Float 56.8m (88.1%)
Sector Financials
Industry Insurance
Index FTSE Small Cap , FTSE Small Cap XIT,
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

Address 71 Fenchurch Street, LONDON, EC3M 4HH, United Kingdom
Web http://novae.com/
Phone +44 20 79037300
Contact M V Turvey (Secy.)
Registrar Computershare Investor Services PLC (Bristol)
Auditors KPMG Audit PLC

NVA SHARE PRICE PERFORMANCE NVA QUOTE
NVA Share Price GBp
488.5p
Day's Change
-6.3  -1.3%
Traded 5:15pm · Minimum 15 min delayed

LATEST NVA NEWS ANNOUNCEMENTS (delayed)

UPCOMING NVA EVENTS
Tuesday 6th August, 2013
Interim 2013 Novae Group Plc Earnings Release
Monday 3rd March, 2014 (estimate)
Preliminary 2013 Novae Group Plc Earnings Release

Recent ↓
Wednesday 1st May, 2013
Novae Group Plc Annual General Meeting
Wednesday 1st May, 2013
Novae Group Plc Interim Management Statement for the period ended 31 March 2013
Wednesday 17th April, 2013
Dividend For NVA.L
Thursday 7th March, 2013
Preliminary 2012 Novae Group Plc Earnings Presentation (London)
Thursday 7th March, 2013
Preliminary 2012 Novae Group Plc Earnings Release
Thursday 7th February, 2013
Novae Group Plc Trading Update for the year ended 31 December 2012
Thursday 8th November, 2012
Novae Group Plc Q3 Interim Management Statement
Wednesday 5th September, 2012
Dividend For NVA.L
Friday 3rd August, 2012
Interim 2012 Novae Group Plc Earnings Presentation (London)
Friday 3rd August, 2012
Interim 2012 Novae Group PLC Earnings Release


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