Fairvalue-Calculator Fairvalue-Calculator
EN DE

Northcoders Group (CODE) Fair Value & Analysis

Consumer Defensive · GB · Market cap 2.0M GBX

NG Northcoders Group CODE · LSE
Price£0.2550
Fair Value£0.2600
Upside+2.0%
Quality95/100
Evidence: Low Range £0.1300 – £0.4000

Fair value as of: Jun 25, 2026

From 3 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from £1.16 to £0.2600 (−77.6%) since Jun 24, 2026. Share price −2.0% over the past month.

Price vs Fair Value (12 months)

£0.5151 £0.2550 Fair Value £0.2600 Jun 2025 Jun 2026

12‑month range £0.2550 – £0.5151 · fair‑value band £0.1300 – £0.4000 · the £0.2550 price screens below the £0.2600 fair value. As of Jun 25, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

Northcoders Group (CODE) currently trades at £0.2550, while our model-based Fair Value estimate is £0.2600 — implying the stock looks roughly 2.0% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, Northcoders Group generated revenue of £4.9M at a net margin of -61.2%. Revenue declined 71.4% year over year. It earns a return on equity of -79.3%. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 4.9M GBX
Revenue growth (YoY) -71.4%
Net margin -61.2%
Return on equity -79.3%
Free cash flow −137K GBX FY2025
Operating margin -103%
More key figures
EPS (TTM) £-0.3800
EPS growth (YoY) -34.3%
Net cash 422K GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Northcoders Group PLC provides training programs for software coding to individual and corporate customers in the United Kingdom. The company offers bootcamp training courses for software development, data engineering, cloud engineering, AI and machine learning, and corporate academies; and consultancy services. It also engages in the provision of software development training courses; and non-trading activities. Northcoders Group PLC was founded in 2015 and is headquartered in Manchester, the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Northcoders Group reported revenue of £4.9M in FY2025 versus £3.0M in FY2021, a compound +13.2%/yr. Reported net income was −£3.0M in FY2025.

Revenue +13.2%/yr
FY21 £3.0M
FY22 £5.6M
FY23 £7.1M
FY24 £8.8M
FY25 £4.9M
Net income
FY21 −£358K
FY22 £360K
FY23 −£1.0M
FY24 £389K
FY25 −£3.0M

Open the full interactive analysis →

Similar stocks

6 more Education & Training Services stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

Stock Price Fair Value vs Fair Value
New Oriental Education & Technology Group EDUN 966.48 MXN 51.39 MXN -95%
TAL Education Group T1AL34 R$4.84 R$0.5800 -88%
Graham Holdings GHC $1,116 $960.79 -14%
Laureate Education, Inc LAUR $37.19 $41.45 +11%
Covista Inc CVSA $130.25 $150.42 +15%
Stride, Inc LRN $82.98 $139.45 +68%

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is Northcoders Group (CODE) undervalued?
As of Jun 25, 2026, our model estimates a fair value of £0.2600 versus a price of £0.2550 — about +2% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CODE?
Our 21-model fair value for Northcoders Group is £0.2600 (as of Jun 25, 2026), built from audited fundamentals. The current price is £0.2550.
What is the quality score of CODE?
Northcoders Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Northcoders Group (CODE)?
Northcoders Group reported trailing-twelve-month revenue of about £4.9M (latest available figure, as of Jun 25, 2026).
What is the net profit margin of CODE?
The net profit margin of Northcoders Group is about -61.2%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.