Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Nanoco Group plc is a United Kingdom-based nanotechnology company specializing in the research, development, licensing, and large-scale manufacture of cadmium-free quantum dots and other novel nanomaterials. Founded in 2001 as a spin-out from the University of Manchester and headquartered in Runcorn, UK, the company pioneered its patented molecular seeding process to produce high-performance, heavy metal-free quantum dots scalable for commercial applications. These quantum dots serve critical roles in displays for enhanced color reproduction in LCD backlighting and micro-LED technologies, infra-red sensing for CMOS image sensors in biometrics, LiDAR, night vision, and Internet of Things devices, as well as lighting, biological imaging, and flexible solar cells. Nanoco Group plc generates revenue primarily from high-performance nanoparticles, with key markets in South Korea, Europe, Japan, and the United States, supported by licensing agreements with partners like Dow Chemical, Wah Hong, and Merck. Operating from an ISO-certified production facility, the firm employs around 47 staff with diverse expertise, positioning it as a leader in sustainable nanomaterial solutions for electronics and beyond.
£0.03
+£0.00 (+0.74%)
EOD Jul 3, 2026
The business is unprofitable at the operating level (-21.16% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 3.3% YoY. Margins deteriorated 19.8pp alongside, both lines moving the wrong way.
Free cash flow declined 111% versus the prior year, cash generation momentum has weakened. ROIC dropped from -0.43% to -79.42%, capital efficiency is deteriorating.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£8M
▼ -3.3% YoY
Net Income (TTM)
-£2M
▼ -75.3% YoY
Op. Margin
-21.16%
▼ -19.8pp YoY
ROIC
-79.42%
▼ -79.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-£5M
▼ -110.5% YoY
Op. Cash Flow (TTM)
-£5M
▼ -108.9% YoY
Net Debt
-£13M
Net Cash Position
Cash & Equiv.
£14M
3Y CAGR: +45.6%
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Nanoco Group (NANO.XLON)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Nanoco Group scores 50/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
Nanoco Group scores 50 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a -21.2% operating margin and a -79.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh NANO.XLON's valuation and scores 50/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.