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← CockpitCompetitor Analysis › NCK.AX Nick Scali LimitedOpen in the cockpit ↗

Nick Scali LimitedNCK.AXCompetitor analysis, valuation and peers

Australia · AUD·Consumer Discretionary›Specialty Stores
Momentum weak 38
Mkt cap
$842M
US dollars, full cap
Free float
83%
of shares outstanding
$/day
$5.18M
20-day average traded
Fwd P/E
9.0×
forward earnings
ROIC−WACC
+5.1 pp
WACC 11.0%
Hurdle
+1 pp
Req g minus delivered
Next earnings
89 days
3 Feb 2027
Close · AUDA$14.20
1D-0.9%
1W+12.3%
1M+0.7%
3M-18.0%
6M+0.8%
YTD-39.8%
1Y-41.1%
ATR %4.5%
52w lowhigh45.5% off high

What Nick Scali does

Employees: 811

Nick Scali at a glance

Size Nick Scali (NCK.AX) is an Australia Consumer Discretionary company (Specialty Stores) with a market value of $842M, the 200th largest of 316 Australia companies the cockpit tracks. Shares closed at A$14.20 on 6 Nov 2026.

Performance Over six months the shares gained 0.8%, against +1.6% for the median peer and +4.1% for the Australia market (cap-weighted) — 9th lowest of 20 in its peer set.

Growth Revenue grew 4.3% over the last twelve months (peer median +5.0%); the operating margin is 23.4% (peer median 4.3%).

Valuation It trades at 9.0× forward earnings against a peer median of 13.1× (4th cheapest of 17).

Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 5.1 points above its cost of capital (11.0% WACC).

Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).

Relative performance

10012011 May 202611 Aug 20266 Nov 2026NCK.AX 105Peer median 103
Six months, rebased to 100: Nick Scali against the median of its 20 peers (local-currency closes).

Nick Scali financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$517MA$517MA$495MA$468MA$508M
Revenue growth—+4%+6%-8%—
Gross profitA$194MA$194MA$174MA$189MA$208M
EBITDAA$177MA$177MA$155MA$173MA$195M
Net incomeA$75.7MA$75.7MA$57.7MA$80.6MA$101M
Free cash flowA$129MA$129MA$97.7MA$98.8MA$122M
Capital expenditureA$23.0MA$23.0MA$14.6MA$28.5MA$12.9M
Total debtn/aA$350MA$316MA$320MA$318M

Quarterly statements and history in the cockpit →

Nick Scali competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%0%+20%SYNSAMPNGJL002997CWCHFDDOUWIXPET0007530026270000260881600327KIDAPOTEA600229VMARTNCK.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Nick Scali is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%20×40×SYNSAMPNGJL002997CWCHFDDOU0026270000260881BWMX600327KIDAPOTEAVMARTNCK.AXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Nick Scali is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%SYNSAM002997CWCHFD300755PET0007530000260881BWMX600327APOTEAVMARTNCK.AXGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Nick Scali is the large dot.

Nick Scali competitors and peer comparison

How Nick Scali compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Nick Scali against its 20 peers (data as of 6 Nov 2026)
MeasureNCK.AXPeer medianRank in peer set
1-month return+0.7%+2.2%10th lowest of 21
6-month return+0.8%+1.6%9th lowest of 20
Distance from 52-week high-45.5%-22.1%4th lowest of 21
Revenue growth (TTM)+4.3%+5.0%10th lowest of 21
Operating margin23.4%4.3%highest of 20
Forward P/E9.0×13.1×4th cheapest of 17
Growth the price implies (Req g, 7 yrs)7.5%4.8%7th most demanding of 17
Growth delivered (Del g)+6.7%+6.3%9th highest of 17
Hurdle (Req g minus delivered)+0.7 pp-1.6 pp7th most demanding of 17
ROIC minus cost of capital+5.1 pp-0.0 pp7th highest of 20
EV / EBITDA8.2×7.1×6th most expensive of 12
Net debt / EBITDA1.4×1.9×6th least indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Nick Scali NCK.AXAustralia$842M+1%+4%23%9.0×7.5%+6.7%
Synsam SYNSAM.STSweden$868M+13%+9%10%15.0×-4.4%+10.2%
Augmont Enterprises AUGMONT.NSIndia$892Mn/a+42%0%n/an/an/a
P N Gadgil Jewellers PNGJL.NSIndia$919M-17%+51%6%15.9×n/an/a
Rayhoo Motor Dies 002997.SZChina$769M-18%+9%11%10.3×-2.8%+28.3%
CEWE Stiftung & Co. KGaA CWC.DEGermany$926M+11%+4%11%10.1×-2.3%+3.5%
Halfords HFD.LUnited Kingdom$744M+65%+5%3%12.5×4.7%+6.9%
Douglas DOU.DEGermany$976M-7%+1%4%6.7×-1.1%+7.6%
Wickes WIX.LUnited Kingdom$717M+36%+4%4%13.3×2.2%+4.0%
Vats Liquor Chain Store Management Joint Stock 300755.SZChina$689M-19%-22%0%n/a19.4%+3.6%
Pet Valu PET.TOCanada$1.03B+6%+6%16%13.0×-3.5%+12.6%
Fujian Zhangzhou Development 000753.SZChina$686M-31%-21%-3%n/a38.9%-2.4%
Hubei Three Gorges Tourism 002627.SZChina$684M-14%+8%13%28.3×n/an/a
FIYTA Precision Technology 000026.SZChina$1.05B+1%+2%n/a52.4×5.3%-3.8%
Zhongsheng Hldg 0881.HKHong Kong$656M-70%-5%0%7.6×48.7%+1.4%
Betterware de Mexico, S.A.P.I. de C.V BWMXUnited States$655M-1%+28%17%6.3×-9.2%+17.0%
Wuxi Commercial Mansion Grand Orient 600327.SSChina$652M+24%-28%1%12.9×13.2%-16.3%
Kid KID.OLNorway$640M+23%+5%11%17.7×5.0%+5.7%
Apotea APOTEA.STSweden$1.11B+42%+9%4%37.2×7.9%+9.4%
Qingdao Citymedia 600229.SSChina$636M+2%-12%-22%n/an/an/a
V-Mart Retail VMART.NSIndia$636M+14%+18%6%38.9×36.5%+28.6%

Questions

Which companies are Nick Scali's closest peers?
The cockpit's peer set: Synsam (SYNSAM.ST), Augmont Enterprises (AUGMONT.NS), P N Gadgil Jewellers (PNGJL.NS), Rayhoo Motor Dies (002997.SZ), CEWE Stiftung & Co. KGaA (CWC.DE), Halfords (HFD.L), Douglas (DOU.DE), Wickes (WIX.L).
Is Nick Scali expensive compared with its peers?
On forward p/e it trades at 9.0× against a peer median of 13.1×, 4th cheapest of 17 in its peer set. For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Nick Scali stock performed?
Over six months to 6 Nov 2026 the shares returned +0.8% against +1.6% for the median peer; over one year -41.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.