Risk factor
Vulnerable to price shocks
Profitability factor
Solid dividends
About
Nick Scali Limited, through its various entities, specializes in the procurement and sale of residential furniture and associated accessories, primarily catering to markets in Australia and New Zealand. Their diverse product portfolio includes living room furnishings such as sofas, armchairs, television and entertainment units, alongside various coffee, side, console, and hallway tables. For dining areas, they offer tables, chairs, buffet tables, and sideboards. Bedroom selections encompass mattresses, bed frames, bedside tables, tallboys, and dressers. Additionally, the company supplies decorative items like rugs, mirrors, and lighting. These offerings are made available to consumers via a network comprising 63 physical stores in Australia, 5 in New Zealand, and through their online platform. Nick Scali Limited was founded in 1962 and is headquartered in North Ryde, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, r
Target Price
The average target price of NCK.AX is 18.4 and suggests 29.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in