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NIOX Group plc logo

NIOX Group plc

NIOX · AIMX · Medical Devices · United Kingdom

Market Capitalization23.04B GBP
Trailing P/E55.60 GBP
52-Week Change-35.19 GBP
Forward Annual Dividend Yield9.26%
Beta-0.2160 GBP

NIOX Group plc is a British public limited company specializing in medical devices for the diagnosis and management of respiratory diseases, particularly asthma. It develops and manufactures point-of-care FeNO (Fractional Exhaled Nitric Oxide) measurement devices, including the NIOX VERO and FeNO by NIOX range, which help healthcare professionals assess airway inflammation through simple, user-friendly tests aided by visual and audio cues. Founded in 2006 as Circassia Group and rebranded in 2022, the company is headquartered at The Oxford Science Park in Oxford, United Kingdom, with direct operations in the UK, US, Germany, Sweden, and China, plus a global distribution network spanning over 50 countries. NIOX Group plc reported £41.8 million in revenue for 2024, primarily from its NIOX products, with sales distributed across Asia Pacific, the United States, the EU, and the UK. Led by Executive Chairman Ian Johnson and CEO Jonathan Emms, it emphasizes corporate responsibility, ethical compliance, diversity, and environmental sustainability in its operations within the highly regulated medical diagnostics sector.

Industry

Medical Devices

Healthcare sector · United Kingdom

Stories

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Key Metrics

Market Capitalization
23.04BGBP
NormalMar 23, 2026
Trailing P/E
55.60GBP
AboveNormalMar 23, 2026
Revenue (TTM)
46.00MGBP
NormalMar 23, 2026
Profit Margin
11.30%
NormalMar 23, 2026
Beta
-0.2160GBP
NormalMar 23, 2026
52-Week Change
-35.19GBP
ExtremeMar 23, 2026
Forward Annual Dividend Yield
9.26%
AboveNormalMar 23, 2026
Forward Yield
9.26%
Annual Rate
GBp 5.00
Paid annual
Payout Ratio
105.9%
High
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Track Record

Frequency
Annual
Payback Period
44.2 yr
Years to recoup investment via dividends alone

Upcoming

Ex-Dividend Date
May 15, 2025

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Valuation9
Market Capitalization
23.04BGBP
NormalMar 23, 2026
Enterprise Value
218.10MGBP
NormalMar 23, 2026
Trailing P/E
55.60GBP
AboveNormalMar 23, 2026
Forward P/E
15.63GBP
NormalMar 23, 2026
PEG Ratio
15.63GBP
ExtremeMar 23, 2026
Price to Sales (TTM)
5.05GBP
NormalMar 23, 2026
Price to Book (MRQ)
354.14GBP
ExtremeMar 23, 2026
Enterprise to Revenue
4.74GBP
NormalMar 23, 2026
Enterprise to EBITDA
17.45GBP
NormalMar 23, 2026
Profitability & Growth18
Profit Margin
11.30%
NormalMar 23, 2026
Operating Margin
23.02%
NormalMar 23, 2026
Return on Assets (TTM)
0.0733GBP
NormalMar 23, 2026
Return on Equity (TTM)
0.0670GBP
NormalMar 23, 2026
Revenue (TTM)
46.00MGBP
NormalMar 23, 2026
Revenue per Share (TTM)
0.1120GBP
NormalMar 23, 2026
Quarterly Revenue Growth
0.2000GBP
NormalMar 23, 2026
Gross Profit (TTM)
32.70MGBP
NormalMar 23, 2026
EBITDA
12.10MGBP
ExtremeMar 23, 2026
Net Income (TTM)
4.90MGBP
NormalMar 23, 2026
Quarterly Earnings Growth (YoY)
0.3410GBP
NormalMar 23, 2026
Operating Cash Flow (TTM)
18.10MGBP
NormalMar 23, 2026
Levered Free Cash Flow (TTM)
13.55MGBP
NormalMar 23, 2026
Forward Annual Dividend Rate
5.00GBP
NormalMar 23, 2026
Forward Annual Dividend Yield
9.26%
AboveNormalMar 23, 2026
Trailing Annual Dividend Rate
1.25GBP
NormalMar 23, 2026
Trailing Annual Dividend Yield
2.31%
NormalMar 23, 2026
Payout Ratio
1.06GBP
AboveNormalMar 23, 2026
Financial Strength10
Shares Outstanding
397.98MShares
NormalMar 23, 2026
Float Shares
325.17MGBP
NormalMar 23, 2026
% Held by Insiders
0.2613GBP
NormalMar 23, 2026
% Held by Institutions
0.5696GBP
NormalMar 23, 2026
Total Cash (MRQ)
11.80MGBP
NormalMar 23, 2026
Total Cash per Share (MRQ)
0.0290GBP
NormalMar 23, 2026
Total Debt (MRQ)
1.20MGBP
NormalMar 23, 2026
Total Debt to Equity (MRQ)
1.86GBP
NormalMar 23, 2026
Current Ratio (MRQ)
3.73GBP
AboveNormalMar 23, 2026
Book Value per Share (MRQ)
0.1570GBP
NormalMar 23, 2026
Market & Technical9
52-Week Low
53.40GBP
NormalMar 23, 2026
52-Week High
77.60GBP
NormalMar 23, 2026
52-Week Change
-35.19GBP
ExtremeMar 23, 2026
Beta
-0.2160GBP
NormalMar 23, 2026
50-Day MA
64.74GBP
NormalMar 23, 2026
200-Day MA
68.62GBP
NormalMar 23, 2026
Avg 10-Day Volume
568.20KGBP
NormalMar 23, 2026
Avg 30-Day Volume
502.57KGBP
NormalMar 23, 2026
Diluted EPS (TTM)
0.0100GBP
NormalMar 23, 2026

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Supply Chain

Medical Devices Supply Chain

The medical devices supply chain is shaped by three structural constraints that most manufacturing industries do not face: a regulatory classification cascade where risk level determines the years of validation required before a product can be sold, sterilization and biocompatibility requirements that restrict which materials and processes are permitted, and installed base dependency where hospitals commit to ecosystems that cannot be switched without replacing training, consumables, and data infrastructure.

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