Norman Broadbent Plc (NBB) fair value: what the stock is really worth
As of Oct 29, 2026: fair value (intrinsic value) of Norman Broadbent Plc stock £6.10, price £2.30, upside +165.2%, quality 69 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 30, 2026.
How to read this chart
60‑month range £0.9100 – £5.86 · fair‑value band £4.74 – £7.46 · the £2.30 price screens below the £6.10 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Oct 30, 2026.
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Norman Broadbent plc, together with its subsidiaries, provides professional services in the United Kingdom and internationally. It provides board and search, interim management and consulting, research and insight, leadership consulting, talent acquisition, and advisory services.
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The company serves consumers; financial services; industrials; TMT; life sciences & healthcare; civil society, education, & public; infrastructure, energy, and aerospace; and private equity sectors. Norman Broadbent plc was incorporated in 1936 and is headquartered in London, the United Kingdom.
Stock analysis
Norman Broadbent Plc (NBB) currently trades at £2.30, while our model-based Fair Value estimate is £6.10, implying the stock looks roughly 62.3% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of £10.84 per share, and 21 of the 24 models we run sit above the £2.30 price.
Bear case: the Economic Profit group reads lowest at £2.23, and 3 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: £4.74 (bear) to £7.46 (bull), the price of £2.30 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 69/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Norman Broadbent Plc reported revenue of £15.1M in FY2025 versus £6.5M in FY2021, a compound +23.3%/yr. Reported net income was £620K in FY2025.
Key figures
Market cap £4.6M Micro · P/E ratio 5.7 · P/S ratio 0.23 · EPS (TTM) £−0.2200 · Net margin −2.9% · Return on equity −23.8% · Return on assets (EBIT) −0.5% · Operating margin −7.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 26 out of 100 (low confidence).
What moves the price
The share trades about 9% below its 52-week high and 33% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 20% fair-value upside, at 165%, NBB screens cheaper than that median.
Fair Value models
Bear£4.74Fair Value £6.10Bull£7.46
Price £2.30 · Upside +165.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+38.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.1%
Start year 2020 (pandemic). Over 10 years: +5.8% a year
Revenue growth 39 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.1%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−2.0% (2020) → 4.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: rate outside our plausibility band
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−35.8%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about −37.3% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Staffing & Employment Services · 80 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Norman Broadbent Plc (NBB) overvalued or undervalued?
As of Oct 30, 2026, our model estimates a fair value of £6.10 versus a price of £2.30, about +165% upside (undervalued).
What is the fair value of NBB?
Our model-based fair value for Norman Broadbent Plc is £6.10 (as of Oct 30, 2026), built from audited fundamentals. The current price: £2.30.
What is the quality score of NBB?
Norman Broadbent Plc has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Norman Broadbent Plc (NBB)?
Our model-based price target is the fair value of £6.10 (as of Oct 30, 2026) from 24 valuation models. Cautious scenario £4.74, optimistic scenario £7.46. It is a calculation from audited fundamentals, not an analyst target.
What is the Norman Broadbent Plc stock forecast for 2026?
Our models put fair value at £6.10, about +165% upside versus a price of £2.30 (undervalued). Cautious scenario £4.74, optimistic scenario £7.46. The calculation is refreshed regularly with new filings.
What is the revenue of Norman Broadbent Plc (NBB)?
Norman Broadbent Plc reported trailing-twelve-month revenue of about £14.5M (latest available figure, as of Oct 30, 2026).
What growth is priced into Norman Broadbent Plc (NBB)?
For today's price to be fair in a discounted-cash-flow model, Norman Broadbent Plc would have to grow free cash flow by -35.8 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.1 % per year. As of Oct 30, 2026.
What discount rate (WACC) does the fair value of NBB use?
Our models discount Norman Broadbent Plc at 10.3 %: a base by market capitalisation (nano), country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Norman Broadbent Plc that is -35.8 % per year a year over ten years, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Norman Broadbent Plc (NBB) delivered so far?
Over the past 5 years revenue at Norman Broadbent Plc grew +14.1 % a year. The price currently implies -35.8 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Norman Broadbent Plc (NBB) growing?
The median revenue growth in the sector is +7.7 % a year. That is the yardstick for the growth priced into Norman Broadbent Plc (-35.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Norman Broadbent Plc (NBB)?
The free-cash-flow yield on the price is 39.67 %: that much free cash flow Norman Broadbent Plc produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Norman Broadbent Plc (NBB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Norman Broadbent Plc it is £6.10 per share (as of Oct 30, 2026), against a price of £2.30. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Norman Broadbent Plc stock overvalued or undervalued in 2026?
As of Oct 30, 2026, NBB trades below its calculated fair value: price £2.30, fair value £6.10, a gap of about +165% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NBB?
No. The price is what the market pays today (£2.30); the fair value is what the company's own numbers justify (£6.10). For Norman Broadbent Plc the two are £3.80 per share apart. That gap is exactly why we show both numbers side by side.
How much is Norman Broadbent Plc worth?
The market values Norman Broadbent Plc at about £4.6M (market capitalisation, as of Oct 30, 2026). Per share that is £2.30; our models calculate a fair value of £6.10 per share.
What do the bullish and bearish scenarios say about NBB?
Our models span a range for Norman Broadbent Plc: cautious scenario £4.74, base £6.10, optimistic £7.46 per share (as of Oct 30, 2026, price £2.30). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NBB?
Norman Broadbent Plc trades at a price-to-earnings ratio of 5.7 (as of Oct 30, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £6.10 is built from several models across several years. Other multiples: P/B 2.2, P/S 0.3.
How solid is the balance sheet of Norman Broadbent Plc (NBB)?
Balance-sheet figures for Norman Broadbent Plc (as of Oct 30, 2026): return on equity −23.8%. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is NBB from its 52-week high?
Norman Broadbent Plc trades at £2.30, about 9% below its 52-week high of £2.53 and 33% above the low of £1.73 (as of Oct 29, 2026). Distance from the high says nothing about value: that is what the fair value of £6.10 is for.
Which stocks are comparable to Norman Broadbent Plc?
From the same area (Industrials) we also value Adecco Group, Korn Ferry,, Robert Half Inc, TriNet Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Norman Broadbent Plc stock attractive at the current price?
The data as of Oct 30, 2026: price £2.30, calculated fair value £6.10 (+165%), Quality Score 69/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NBB calculated?
We run Norman Broadbent Plc through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of £6.10, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.1 % above its aggregate fair value. Norman Broadbent Plc currently trades 62 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Norman Broadbent Plc (NBB)?
The closing price on Oct 29, 2026 was £2.30. Our model-based fair value is £6.10, about +165% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Norman Broadbent Plc right now?
The price is below even our cautious bear case (£4.74). The market is more pessimistic than our downside scenario. Solid quality (69/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Norman Broadbent Plc
How large is the market capitalisation of Norman Broadbent Plc (NBB)?
The market capitalisation of Norman Broadbent Plc is £4.6M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Norman Broadbent Plc (NBB)?
The price-to-sales ratio of Norman Broadbent Plc is 0.23 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Norman Broadbent Plc (NBB)?
Earnings per share at Norman Broadbent Plc are £−0.2200 (price ÷ EPS = P/E 5.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Norman Broadbent Plc (NBB)?
The net margin of Norman Broadbent Plc is −2.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Norman Broadbent Plc (NBB)?
The return on equity (ROE) of Norman Broadbent Plc is −23.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Norman Broadbent Plc (NBB)?
On an EBIT basis the return on assets of Norman Broadbent Plc is −0.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Norman Broadbent Plc (NBB)?
The operating margin of Norman Broadbent Plc is −7.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Norman Broadbent Plc (NBB)?
Revenue at Norman Broadbent Plc is growing −8.5% versus a year earlier (3y avg +20.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net cash does Norman Broadbent Plc (NBB) hold?
Norman Broadbent Plc holds more cash than debt, £1.4M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Oct 30, 2026