NCC Group is a leading cyber security and risk mitigation specialist. The Group offers a comprehensive range of services designed to protect businesses and individuals in an increasingly digital world. NCC Group’s share price has been on a steady rise over the past year, driven by strong demand for its services.
The company is well-positioned to continue this growth, with a strong market position and a robust pipeline of new business opportunities.
NCC Group’s share price has been on a roller coaster ride over the past year. After hitting an all-time high in early 2018, the stock took a sharp turn lower, losing nearly 60% of its value. However, NCC Group has staged a strong comeback in 2019 and the stock is now up nearly 30% for the year.
What’s driving NCC Group’s share price? The main drivers appear to be twofold: improving underlying fundamentals and increasing M&A activity.
On the fundamental front, NCC Group reported solid results for its fiscal year ended March 31st, 2019.
Adjusted operating profit was up 10% year-on-year while revenue rose 8%. This was despite headwinds from Brexit and other geopolitical factors. Looking ahead, management expects further growth in both revenue and profit in fiscal 2020.
In terms of M&A, NCC Group has been on an active buying spree over the past few years. In 2018 alone, the company completed eight acquisitions including NotSoSecure (cybersecurity), Phoneum (mobile security), and FuseSec (cloud security). These acquisitions have helped to diversify NCC Group’s business and make it a leading player in several key areas of cybersecurity.
With more big deals likely on the horizon, NCC Group’s share price looks set to continue its upward march.
Ncl Share Price
NCL Share Price
Norwegian Cruise Line Holdings (NCLH) is a cruise line operator headquartered in Miami, Florida, United States. It operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands.
As of November 2019, NCLH has 25 cruise ships with another four on order.
The company was founded in 2010 as a result of the merger of Norwegian Cruise Line (NCL) and Star Cruises. NCL’s private equity owner Apollo Global Management took public in 2013.
In January 2014, it was announced that Prestige Cruises International would be merged into NCLH making it the world’s third-largest cruise operator behind Royal Caribbean Cruises and Carnival Corporation & plc.
On November 2, 2015, NCLH filed an IPO to raise up to $500 million; however only $460 million was raised due to weak demand from investors. The company had been aiming for a valuation of around $13 billion but this was cut to $11-$12 billion range due to concerns about overcapacity in the industry and weakness in bookings following terrorist attacks in Europe.
The stock debuted at $19 per share on NASDAQ on Wednesday, December 16 under the ticker “NCLH”. After debuting at $19 per share, it reached its all-time high less than six months later on June 8th 2016 when it closed at $61.75 per share; however this was short lived as by early 2017 the stock had lost almost half its value reaching a low of $32 per share on May 5th 2017 amid concerns about overcapacity in the industry which had led to discounting and weak pricing power for cruise operators.
The stock has since recovered somewhat and as of November 2019 is trading at around $50 per share; however this is still well below the highs seen in 2016..
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Is Ncc Group a Buy?
NCC Group is a global cybersecurity leader. The company offers a comprehensive set of services that helps organizations secure their networks and protect their data. NCC Group has a strong track record of helping companies in a wide range of industries, including the banking, healthcare, retail, and government sectors.
NCC Group’s shares have been under pressure in recent months due to concerns about the company’s exposure to the European Union’s General Data Protection Regulation (GDPR) and other regulations. However, we believe these concerns are overblown and that NCC Group is well-positioned to help companies comply with these new regulations. In addition, we believe the market is underestimating the potential for growth in NCC Group’s core business segments.
As such, we think NCC Group is an attractive buy at current levels.
Who is the Owner of Ncc Group?
NCC Group is a global cybersecurity firm headquartered in Manchester, UK. The company was founded in 1998 by CEO Rob Cotton and CTO Steve Durbin. NCC Group employs over 1,500 staff across 36 offices in 18 countries.
The company has four main divisions: Assurance, Managed Services, Research and Consulting. NCC Group’s services include penetration testing, managed security services, incident response, threat intelligence and cyber resilience consulting.
In September 2015, NCC Group acquired US-based security consultancy IOActive for $108 million.
This made NCC Group one of the largest independent cybersecurity firms in the world with annual revenues of over £200 million ($300 million).
NCC Group is a private company owned by Welsh entrepreneur Hugh Williams through his investment vehicle HgCapital Trust plc. In May 2017, it was announced that HgCapital would sell a majority stake in NCC Group to EQT Partners for £1 billion ($1.3 billion).
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Conclusion
NCC Group plc is a holding company, which engages in the provision of cyber security and risk mitigation services. It operates through the following segments: Critical Infrastructure, Enterprise, and Public Sector. The Critical Infrastructure segment provides advisory, assurance, and managed security services to organizations that operate critical infrastructure.
The Enterprise segment offers advisory, assurance, and managed security services to commercial organizations worldwide. The Public Sector segment provides advisory, assurance, and managed security services to government entities around the world. The company was founded by Stephen John Roddick in 1999 and is headquartered in Manchester, United Kingdom.
