Nictus (JSE:NCS) FFO

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:NCS Nictus Ltd JSE:NCS
56 GF Score
Price R2.42
GF Value R1.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nictus FFO?

FFO (Funds from operations) only applies to REITs.

JSE:NCS
56GF Score
Nictus Ltd JSE:NCS
FFO is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Nictus (JSE:NCS) Overvalued in 2026?

Based on GuruFocus' analysis, Nictus stock appears to be overvalued. The current stock price of R2.42 is trading 103.4% above its estimated GF Value™ of R1.19. GuruFocus considers Nictus to be Significantly Overvalued.

Key valuation signals for JSE:NCS:

  • FFO:
  • GF Value™: R1.19 vs. price of R2.42 (103.4% above fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the JSE:NCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nictus Business Description

Address 2 Erling Road, Riverglen, PO Box 2878, Capital Park, Block A, Steyn City, Midrand, GT, ZAF, 2191
Nictus Ltd is a South African holding company with operations in furniture retailing and short-term insurance. Through its furniture retail segment, the company sells household furniture, electrical appliances, and home electronics, operating a network of retail outlets in South Africa and Namibia under the Nictus brand. The insurance segment, conducted through Nictus Versekeraars, provides short-term, non-life insurance products including household contents, personal lines, and related cover. The company serves individual retail customers and policyholders, generating the majority of its revenue from furniture retail sales, with insurance premiums contributing the balance. Nictus is listed on the JSE and has historically operated in southern African markets, with its retail footprint concentrated in South Africa and Namibia.
56GF Score

Get the complete analysis for JSE:NCS

FFO is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R2.42
Price
R1.19
GF Value