Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation
Which stocks are undervalued right now? Check free
Discover now →
NORMA Group (NOEJF) fair value: what the stock is really worth
We calculate from audited financials what NORMA Group is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
- Add to watchlist
NG
Some data
Sep 13, 2026
Some data
Sep 13, 2026
NORMA Group
NOEJF · USSpeculativeUpside exists, but weak quality makes the signal speculative.
✓Fair value $24.63 · Undervalued (+46%)
!Quality 49/100
!Weak Growth (revenue 5y −2.9 %/yr)
✓Highly profitable · 28.6% net margin (TTM)
✓Low debt · generates free cash flow
!Narrow moat 30/100
!Evidence only medium, so the estimate is less certain
Watch NORMA Group for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.
Watch for free
What runs behind every stock
26
valuation models
8 families, DCF to NCAV
37
quality factors
margins, balance sheet, cashflow, debt
6
AI factors
moat, what no ratio measures
2,000+
data points
verified, per stock, median
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
How to read this chart
60‑month range $11.89 – $44.39 · fair‑value band $18.66 – $33.54 · the $16.90 price screens below the $24.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 13, 2026.
Company profile
NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, pipe clamps, plastic connectors, retain and fix solutions.
Show more
NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, pipe clamps, plastic connectors, retain and fix solutions. It sells its products to distributors, specialized wholesalers, smaller industrial sectors, original equipment manufacturers, doit-yourself stores under the ABA, Breeze, Clamp-All, CONNECTORS, Gemi, NORMA, R.G.RAY, Serflex, and TORCA brand names. In addition, it provides water and thermal management. Further, the company's products are used in automotive, commercial vehicle and aviation industries, the infrastructure and industrial project business, shipbuilding and mechanical engineering, as well as the drinking water and irrigation industries and agriculture markets. NORMA Group SE was founded in 1896 and is headquartered in Maintal, Germany.
Stock analysis
NORMA Group (NOEJF) currently trades at $16.90, while our model-based Fair Value estimate is $24.63, implying the stock looks roughly 31.4% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $23.53 per share, and 6 of the 9 models we run sit above the $16.90 price.
Bear case: the Dividend Discount group reads lowest at $3.72, and 3 of the 9 models stay below the price. Evidence for this calculation is medium.
Scenario range: $18.66 (bear) to $33.54 (bull), the price of $16.90 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 49/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
NORMA Group reported revenue of €822M in FY2025 versus €1.1B in FY2021, a compound −6.9%/yr. Reported net income was −€81.8M in FY2025.
Key figures
Market cap $538M · P/S ratio 0.60 · EPS (TTM) $−1.95 · Dividend yield 2.6% · Net margin −9.9% · Return on equity −12.7% · Return on assets (EBIT) 2.3% · Operating margin 0.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (low confidence).
What moves the price
The share trades about 17% below its 52-week high, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −37% fair-value upside, at 46%, NOEJF screens cheaper than that median.
Fair Value models
Bear $18.66
Fair Value $24.63
Bull $33.54
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = 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.
Highest evidence
FCF DCF
$15.45
$19.53
$26.36
82
Growth DCF
$15.89
$19.75
$25.73
80
5Y Revenue Exit
$15.68
$21.72
$30.51
73
All 9 models by family
DCF Models
FCF DCF
$15.45
$19.53
$26.36
82
5Y Revenue Exit
$15.68
$21.72
$30.51
73
10Y Revenue Exit
$15.16
$19.34
$23.79
68
Dividend Discount
Gordon GGM
$3.45
$3.72
$4.12
69
DDM Multi-Stage
$3.45
$4.11
$4.96
67
Multiples
EV/Revenue
$17.08
$23.53
$29.97
54
Asset-Based
NCAV (Graham)
$9.83
$13.17
$19.66
54
Growth DCF
Growth DCF
$15.89
$19.75
$25.73
80
Rev-Margin DCF
$15.68
$22.08
$29.94
73
Notify me when NOEJF reaches fair value
Put NOEJF on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Overall quality
49/100
Of which business quality 47 · Market factors (momentum, volatility) 44
Profitability
22
Margins and returns on capital today
Quality Growth
30
Are margins and returns improving?
Cashflow
37
Earnings quality: real cash, not paper profit
Fin. Strength
43
Balance sheet, leverage, solvency risk
Investment
94
Disciplined investing over empire-building
Low Volatility
92
Calm price path (market factor)
Momentum
34
Price trend over the last 3–12 months (market factor)
52W Momentum
8
Distance to the 52-week high (market factor)
Net Issuance
82
Share count: buybacks or dilution?
Revenue & earnings trend
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.
37/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−6.8%
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.
−12.9%
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.
−2.9%
Revenue growth 11 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.
+1.5%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
2.7% (2020) → −9.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
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).
+8.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.3%
Yearly sales growth analysts expect, extended to five years.
Forecast 2026 (sales)+1.0%
Forecast 2027 (sales)+4.3%
Projected 2028 (sales)+4.0%
Projected 2029 (sales)+3.8%
Projected 2030 (sales)+3.5%
Watch NOEJF, get fair value alerts →
Compare NORMA Group with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Metal Fabrication · 260 stocks
Beats the industry median on 6/11 measures
A mixed picture versus its industry peers.
Valuation Multiplesvs Metal Fabrication median · lower = cheaper
Context: sector, industry, market
- Is the Consumer Staples sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
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
Similar stocks
10 more Metal Fabrication stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Carpenter Technology Corporation CRS | $443.19 | $101.35 | −77% |
| ATI Inc ATI | $198.77 | $35.74 | −82% |
| Mueller Industries, Inc MLI | $60.48 | $59.33 | −2% |
| Aurubis AG NDA | €173.30 | €109.36 | −37% |
| China International Marine Containers (Group) Co 000039 | ¥9.17 | ¥12.34 | +35% |
| Commercial Metals Company CMC | $67.17 | $13.01 | −81% |
| JL Mag Rare-Earth Co 300748 | ¥24.78 | ¥6.84 | −72% |
| Viohalco S.A VIO | €16.60 | €14.88 | −10% |
| ESAB Corporation ESAB | $70.69 | $52.40 | −26% |
| Ningbo Zhenyu Technology Co 300953 | ¥85.98 | ¥44.23 | −49% |
Explore undervalued stocks
More undervalued Industrials stocks →
All undervalued stocks
TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
🥇 Backtested Best
🏆 Big Names
⭐ Top Rated
💎 Quality on Sale
🚀 Profitable Growth
🧊 Quality Compounders
💵 Dividend Stars
📈 Strong Momentum
📉 Fallen Angels
⚖️ Deeply Undervalued
🔍 Small-Cap Gems
🏰 Moat at a Fair Price
💼 Insider Buying
🎩 Buffett-Style Quality
📚 Peter Lynch GARP
🧮 Greenblatt Magic Formula
🛡️ Graham Defensive
Discover tools
Stock screenerFilter by region, size and sector
Compare toolTwo stocks side by side
Extrinsic Value Calculator…Calculator with industry benchmark
Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
Frequently asked questions
Is NORMA Group (NOEJF) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of $24.63 versus a price of $16.90, about +46% upside (undervalued).
What is the fair value of NOEJF?
Our model-based fair value for NORMA Group is $24.63 (as of Sep 13, 2026), built from audited fundamentals. The current price: $16.90.
What is the quality score of NOEJF?
NORMA Group has a Quality Score of 49/100. 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 NORMA Group (NOEJF)?
Our model-based price target is the fair value of $24.63 (as of Sep 13, 2026) from 9 valuation models. Cautious scenario $18.66, optimistic scenario $33.54. It is a calculation from audited fundamentals, not an analyst target.
What is the NORMA Group stock forecast for 2026?
Our models put fair value at $24.63, about +46% upside versus a price of $16.90 (undervalued). Cautious scenario $18.66, optimistic scenario $33.54. The calculation is refreshed regularly with new filings.
What is the revenue of NORMA Group (NOEJF)?
NORMA Group reported trailing-twelve-month revenue of about $813M (latest available figure, as of Sep 13, 2026).
Does NORMA Group pay a dividend?
NORMA Group currently shows a dividend yield of about 2.63% relative to its recent price (as of Sep 13, 2026).
What growth is priced into NORMA Group (NOEJF)?
For today's price to be fair in a discounted-cash-flow model, NORMA Group would have to grow free cash flow by +8.1 % per year for five years (discount rate 10.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -2.9 % per year. As of Sep 13, 2026.
What discount rate (WACC) does the fair value of NOEJF use?
Our models discount NORMA Group at 10.2 %: a base by market capitalisation (small), damped by beta 0.63, country premium for USA. 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 NORMA Group that is +8.1 % per year a year over ten years, using the same discount rate (10.2 %) and the same formula as our fair value.
How much growth has NORMA Group (NOEJF) delivered so far?
Over the past 5 years revenue at NORMA Group grew -2.9 % a year. The price currently implies +8.1 % 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 NORMA Group (NOEJF) growing?
The median revenue growth in the sector is +4.6 % a year. That is the yardstick for the growth priced into NORMA Group (+8.1 % 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 NORMA Group (NOEJF)?
The free-cash-flow yield on the price is 8.80 %: that much free cash flow NORMA Group produces per unit of market value. When it exceeds the discount rate of our models (10.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of NORMA Group (NOEJF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For NORMA Group it is $24.63 per share (as of Sep 13, 2026), against a price of $16.90. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is NORMA Group stock overvalued or undervalued in 2026?
As of Sep 13, 2026, NOEJF trades below its calculated fair value: price $16.90, fair value $24.63, a gap of about +46% (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 NOEJF?
No. The price is what the market pays today ($16.90); the fair value is what the company's own numbers justify ($24.63). For NORMA Group the two are $7.73 per share apart. That gap is exactly why we show both numbers side by side.
How much is NORMA Group worth?
The market values NORMA Group at about $538M (market capitalisation, as of Sep 13, 2026). Per share that is $16.90; our models calculate a fair value of $24.63 per share.
What do the bullish and bearish scenarios say about NOEJF?
Our models span a range for NORMA Group: cautious scenario $18.66, base $24.63, optimistic $33.54 per share (as of Sep 13, 2026, price $16.90). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of NORMA Group (NOEJF)?
Balance-sheet figures for NORMA Group (as of Sep 13, 2026): return on equity −12.7%, debt of 0.05 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is NOEJF from its 52-week high?
NORMA Group trades at $16.90, about 17% below its 52-week high of $20.25 (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of $24.63 is for.
Which stocks are comparable to NORMA Group?
From the same area (Industrials) we also value Carpenter Technology Corporation, ATI Inc, Mueller Industries, Inc, Aurubis AG, 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 NORMA Group stock attractive at the current price?
The data as of Sep 13, 2026: price $16.90, calculated fair value $24.63 (+46%), Quality Score 49/100, from 9 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 NOEJF calculated?
We run NORMA Group through 9 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 $24.63, 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 15.8 % above its aggregate fair value. NORMA Group currently trades 46 % 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 should I pay attention to with NORMA Group right now?
The price is below even our cautious bear case ($18.66). The market is more pessimistic than our downside scenario. Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of NORMA Group
How large is the market capitalisation of NORMA Group (NOEJF)?
The market capitalisation of NORMA Group is $538M. 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 NORMA Group (NOEJF)?
The price-to-sales ratio of NORMA Group is 0.60 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of NORMA Group (NOEJF)?
Earnings per share at NORMA Group are $−1.95. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of NORMA Group (NOEJF)?
The dividend yield of NORMA Group is 2.6%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of NORMA Group (NOEJF)?
The net margin of NORMA Group is −9.9% (fiscal year 2025). 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 NORMA Group (NOEJF)?
The return on equity (ROE) of NORMA Group is −12.7% (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 NORMA Group (NOEJF)?
On an EBIT basis the return on assets of NORMA Group is 2.3% (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 NORMA Group (NOEJF)?
The operating margin of NORMA Group is 0.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at NORMA Group (NOEJF)?
Revenue at NORMA Group is growing −5.7% versus a year earlier (3y avg −12.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at NORMA Group (NOEJF)?
Earnings per share at NORMA Group are growing −21.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does NORMA Group (NOEJF) carry?
The net debt of NORMA Group is $282M (fiscal year 2025, ≈ 6.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch NORMA Group in the live analysis
One click puts NORMA Group on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.