SIUAF - Norma Group - A Not So Attractive Industrial Supplier
Norma Group (OTC:NOEJF) share price has significantly dropped in recent years. There are interesting aspects in this company for the long-term investor; however, they are not sufficient to be unequivocally optimistic. Recent business underperformance - even adjusting for COVID-19 impact - is its main inconvenience, while some future growth opportunities and a high earnings yield are positive points.
We can find some similarities with Stabilus (OTC:SIUAF) - a company we presented a few months ago - in terms of level of revenue, kind of business, diversification and relationship with clients. This