EN DE

NorCom Information Technology GmbH & Co (NC5A) Fair Value & Analysis

Industrials · DE · Market cap €3.3M

NI NorCom Information Technology GmbH & Co NC5A · XETRA
Price€1.42
Fair Value€0.5900
Upside-58.3%
Quality40/100
Watch NorCom Information Technology GmbH & Co for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -32.9% net margin
Low debt · generates free cash flow
Trails peers (2/11)
Narrow moat 12/100
Evidence: Medium Range €0.2800 – €0.9000 Share as image

Fair value as of: Jul 17, 2026

From 9 valuation models · updated 24 days ago

Share price −8.6% over the past month.

Below-average quality, and screening another 58% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€0.9000). The favourable scenario is already priced in.
  • Weak quality (40/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (€0.2800 to €0.9000). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

€15.00 €1.17 Fair Value €0.5900 Sep 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range €1.17 – €15.00 · fair‑value band €0.2800 – €0.9000 · the €1.42 price screens above the €0.5900 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

Full chart & analysis →

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

Analysis

NorCom Information Technology GmbH & Co (NC5A) currently trades at €1.42, while our model-based Fair Value estimate is €0.5900, implying the stock looks roughly 58.3% overvalued today. The Quality Score stands at 40/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, NorCom Information Technology GmbH & Co generated revenue of €5.9M at a net margin of -32.9%. Revenue declined 22.7% year over year. It earns a return on equity of -79.7%. Fundamentals as of Jul 17, 2026

Our scenario range runs from €0.2800 (bear case) to €0.9000 (bull case); at €1.42, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 72% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at -58%, NC5A screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF €0.6700 €0.8100 €1.02 80
Rev-Margin DCF €0.7000 €0.9900 €1.35 74
Gordon GGM €0.0200 €0.0300 €0.0300 70
All 9 models by family
DCF Models
FCF DCF €0.6500 €0.8000 €1.04 38
5Y Revenue Exit €0.7000 €0.9700 €1.37 39
10Y Revenue Exit €0.6600 €0.8400 €1.03 36
Dividend Discount
Gordon GGM €0.0200 €0.0300 €0.0300 70
DDM Multi-Stage €0.0200 €0.0300 €0.0300 61
Multiples
EV/Revenue €0.8000 €1.11 €1.42 43
Asset-Based
NCAV (Graham) €0.3500 €0.4700 €0.7100 50
Growth DCF
Growth DCF €0.6700 €0.8100 €1.02 80
Rev-Margin DCF €0.7000 €0.9900 €1.35 74

Widest divergence: Multiples (€1.11) versus Dividend Discount (€0.0300). Highest evidence: Growth DCF (80).

Notify me when NC5A reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) €5.9M
Revenue growth (YoY) -22.7%
Net margin -32.9%
Return on equity -79.7%
Free cash flow €164K FY2025
Operating margin -44.7%
More key figures
EPS (TTM) €-0.9400
EPS growth (YoY) -45.5%
Net debt €925K FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 40/100

Of which business quality 42 · Market factors (momentum, volatility) 24

Profitability 15
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 34
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 41
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 77
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

NorCom Information Technology GmbH & Co. KGaA develops and implements big data and KI solutions in Germany and internationally.

Full company description

NorCom Information Technology GmbH & Co. KGaA develops and implements big data and KI solutions in Germany and internationally. The company offers DaSense, an AI technology platform that can analyze documents and initiate and support workflows; AI apps, an applications or software programs that use artificial intelligence (AI) and machine learning to perform specific tasks; and AI large language model to understand and generate natural language. It serves GovTech, Legal Tech, and Industrie sectors. NorCom Information Technology GmbH & Co. KGaA was founded in 1989 and is based in Munich, Germany.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NorCom Information Technology GmbH & Co reported revenue of €5.4M in FY2025 versus €9.6M in FY2021, a compound −13.3%/yr. Reported net income was −€1.9M in FY2025.

Growth Quality 10/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
€5.4M
Latest YoY
−30.6%
Avg. growth/yr (3Y) 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.
−16.1%
Avg. growth/yr (5Y) 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.
−11.8%
Avg. growth/yr (21Y) 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.
−6.7%
Revenue −13.3%/yr
FY21 €9.6M
FY22 €9.1M
FY23 €9.2M
FY24 €7.8M
FY25 €5.4M
Net income
FY21 −€827K
FY22 −€1.4M
FY23 −€463K
FY24 −€296K
FY25 −€1.9M

NC5A screens 58% overvalued. Compare with Cintas Corporation →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "NorCom Information Technology GmbH & Co Fair Value". https://www.fairvalue-calculator.com/stock/NC5A

Peer Group

Specialty Business Services · 253 stocks

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.

Quality Score 40 · Bottom 25%
Fair Value upside −58% · Bottom 25%
Return on assets -22% · Bottom 25%
Net margin (TTM) -33% · Bottom 25%
Operating margin (TTM) -45% · Bottom 25%
Revenue growth -23% · Bottom 25%

Valuation Multiples vs Specialty Business Services median · lower = cheaper

P/B 2.62× · Pricier than median
P/S (TTM) 0.65× · Cheaper than median
P/FCF 23.2× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 24
FUTURE 0 · sector 27
PAST 0 · sector 33
HEALTH 100 · sector 92
DIVIDEND 0 · sector 54

VALUE 0: the price sits above our fair-value range.

Insider activity: 30/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Cintas Corporation CTAS $206.25 $95.30 -54%
RELX PLC RELX $33.70 $32.49 -4%
Thomson Reuters Corporation TRI C$133.87 C$70.40 -47%
Copart, Inc CPRT $27.61 $28.59 +4%
Global Payments Inc GPN $80.49 $69.67 -13%
RB Global, Inc RBA C$156.43 C$49.14 -69%
Brambles Limited BXB A$18.79 A$12.28 -35%
UL Solutions Inc ULS $87.76 $33.62 -62%
Wolters Kluwer N.V WKL €62.56 €103.99 +66%
Aramark ARMK $56.74 $13.73 -76%

Compare NorCom Information Technology GmbH & Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

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

Frequently asked questions

Is NorCom Information Technology GmbH & Co (NC5A) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of €0.5900 versus a price of €1.42, about −58% (overvalued).
What is the fair value of NC5A?
Our model-based fair value for NorCom Information Technology GmbH & Co is €0.5900 (as of Jul 17, 2026), built from audited fundamentals. The current price is €1.42.
What is the quality score of NC5A?
NorCom Information Technology GmbH & Co has a Quality Score of 40/100. 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 revenue of NorCom Information Technology GmbH & Co (NC5A)?
NorCom Information Technology GmbH & Co reported trailing-twelve-month revenue of about €5.9M (latest available figure, as of Jul 17, 2026).
What is the net profit margin of NC5A?
The net profit margin of NorCom Information Technology GmbH & Co is about -32.9%, 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.

14 days Pro free · no card

Track NorCom Information Technology GmbH & Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.