NEXT ORD GBP0.10
Symbol: NXT
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Charts
Company
Business Summary
NEXT plc is a United Kingdom-based company, which is engaged in the retail selling of clothing, homeware, and beauty products. The Company’s segments include NEXT Online, NEXT Finance, NEXT Retail, Total Platform, Joules, Property Management, and International Retail, Sourcing and other. NEXT Online segment includes NEXT Brand UK, LABEL, and Overseas. Its product ranges stretch from women's clothing through to upholstery. Its stores support its online customers by facilitating the collection of orders and processing of returns. Its Total Platform brands include JoJo Maman Bebe, MADE.com and Joules, among others. The Property Management segment holds properties and property leases which are recharged to other segments and external parties. The International Retail, Sourcing and other segment comprises franchise and wholly owned stores overseas and its sourcing business. International online sales are included in the NEXT Online segment.
Financial Summary
BRIEF: For the fiscal year ended 27 January 2024, NEXT plc revenues increased 9% to £5.49B. Net income increased 13% to £802.3M. Revenues reflect Total Platform segment increase from £75.7M to £363.8M, NEXT Online segment increase of 6% to £2.9B, United Kingdom segment increase of 7% to £4.6B, Rest of Europe segment increase of 26% to £521.9M, Comparable Store Sales-%- Regional Shop increase from -7 to 3.7%.
Financials
Income Statement - All values are in GBP (M).
Year Ending |
27/01/2024 |
28/01/2023 |
29/01/2022 |
30/01/2021 |
25/01/2020 |
26/01/2019 |
---|---|---|---|---|---|---|
Total Revenue | 5,491.00 | 5,034.00 | 4,625.90 | 3,534.40 | 4,266.20 | 4,167.40 |
Gross profit | 2,456.50 | 2,206.30 | 2,000.60 | 1,302.70 | 1,682.00 | 1,526.90 |
Operating Profit/Loss | 1,096.50 | 941.50 | 905.40 | 444.50 | 853.90 | 762.00 |
Profit Before Tax | 1,015.80 | 869.30 | 823.10 | 342.40 | 748.50 | 722.90 |
Profit After Tax | 800.50 | 710.70 | 677.50 | 286.70 | 610.20 | 590.40 |
Equity Holders of Parent Company | 802.30 | 711.70 | 677.50 | 286.70 | 610.20 | 590.40 |
Minority Interest | 128.70 | 5.60 | NIL | NIL | NIL | -0.10 |
Balance Sheet - All values are in GBP (M).
Year Ending |
27/01/2024 |
28/01/2023 |
29/01/2022 |
30/01/2021 |
25/01/2020 |
26/01/2019 |
---|---|---|---|---|---|---|
Total Non-Current Assets | 2,276.60 | 1,749.30 | 1,574.60 | 1,469.40 | 1,717.90 | 779.10 |
Total Current Assets | 2,447.70 | 2,234.50 | 2,407.20 | 2,288.60 | 1,955.40 | 2,032.20 |
Total Assets | 4,724.30 | 3,983.80 | 3,981.80 | 3,758.00 | 3,673.30 | 2,811.30 |
Total Liabilities | 3,085.50 | 2,818.70 | 2,971.80 | 3,097.10 | 3,231.80 | 2,257.60 |
Total Net Assets | 1,638.80 | 1,165.10 | 1,010.00 | 660.90 | 441.50 | 553.70 |
Shareholders Funds | 1,511.90 | 1,160.50 | 1,010.00 | 660.90 | 441.50 | 553.80 |
Minority Interests | 128.70 | 5.60 | NIL | NIL | NIL | -0.10 |
Total Equity | 1,638.80 | 1,165.10 | 1,010.00 | 660.90 | 441.50 | 553.70 |
Outlook
Broker View
Data shown is based on the past 75 days of broker views.
ActionBrokers |
Strong Buy2 |
Buy4 |
Neutral13 |
Sell1 |
Strong Sell1 |
---|---|---|---|---|---|
Brokers | 2 | 4 | 13 | 1 | 1 |
Consensus |
ConsensusNeutral |
Not advice based on your circumstances. Does not constitute a recommendation to buy or sell this or any other security. Selected data supplied by Digital Look® Read more.
Forecasts
Year | 2025 | 2026 | 2027 |
---|---|---|---|
Revenue | £5,809.03mn | £6,014.10mn | £6,265.05mn |
Pre-tax-Profit | £1,028.33mn | £1,075.80mn | £1,127.73mn |
EPS | £6.01p | £6.46p | £7.02p |
EPS Growth | -9.16% | 7.51% | 8.68% |
P/E | 14.59 | 13.55 | 12.24 |
PEG Ratio | -1.59 | 1.80 | 1.41 |
Dividend | 221.64p | 234.74p | 254.07p |
Yield | 0.00% | 0.00% | 0.00% |
Upgrades & Downgrades (Latest)
Date | Broker | Recommendation | Price | Old Target | New Target | Change |
---|---|---|---|---|---|---|
21st Nov 2023 | Deutsche | Reiteration | 7712p | 0p | 7350p | Hold |
6th Nov 2023 | RBC Capital Markets | DownGrade | 7206p | 0p | 0p | Sector perform |
2nd Oct 2023 | Shore Capital | Reiteration | 7292p | 0p | 0p | Hold |
21st Sep 2023 | Shore Capital | Reiteration | 7350p | 0p | 0p | Hold |
1st Sep 2023 | Shore Capital | Reiteration | 7028p | 0p | 0p | Hold |
2nd Aug 2023 | Shore Capital | Reiteration | 6852p | 0p | 0p | Hold |
20th Jun 2023 | Berenberg Bank | Reiteration | 6700p | 6500p | 7000p | Neutral |
20th Jun 2023 | Citigroup | Reiteration | 6700p | 5400p | 5700p | Sell |
9th May 2023 | JP Morgan Cazenove | Reiteration | 6790p | 0p | 6500p | Neutral |
4th May 2023 | Shore Capital | Reiteration | 6722p | 0p | 0p | Hold |
Time & Sales
Sorry, sales information on this investment is not available at this time.