Norma Group AG NA O.N.
NOEJ.XETRA
| Exchange: | XETRA |
| Currency | Euro |
| ISIN: | DE000A1H8BV3 |
| LEI: | 5299000LM9HC76W5XD46 |
| Primary Ticker: | NOEJ.XETRA |
| Fiscal Year End: | December |
| International Domestic: | International |
| Sector: | Industrials |
| Industry: | Metal Fabrication |
| Gic Sector: | Industrials |
| Gic Group: | Capital Goods |
| Gic Industry: | Machinery |
| Gic Sub Industry: | Industrial Machinery & Supplies & Components |
| Description: | NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, hose clamps, retaining clamps, and pipe couplings. It also offers various products for stormwater management, landscape irrigation, and joining components for water infrastructure solutions. The company sells its products to distributors, original equipment manufacturer aftermarket customers, technical wholesalers, and hardware stores under the ABA, Breeze, Clamp-All, CONNECTORS, FISH, Gemi, Kimplas, NDS, NORMA, Raindrip, R.G.RAY, Serflex, TORCA, and TRUSTLENE brand names. In addition, it provides water management, emobility thermal management, and commercial and passenger vehicles solutions. NORMA Group SE was founded in 1896 and is headquartered in Maintal, Germany. |
| Address: | Edisonstrasse 4, Maintal, Germany, 63477 |
| Website: | https://www.normagroup.com |
| Full Time Employees: | 6121 |
| Updated On: | 2024-11-04 |
Highlights
| Market Capitalization: | 403377984 |
| Market Capitalization Mln: | 403.37 |
| EBITDA: | 140471008 |
| PE Ratio: | 16.44 |
| Wall Street Target Price: | 26.27 |
| Book Value: | 22.22 |
| Dividend Share: | 0.45 |
| Dividend Yield: | 0.03 |
| Earnings Share: | 0.77 |
| EPS Estimate Current Year: | 2.01 |
| EPS Estimate Next Year: | 2.46 |
| Most Recent Quarter: | 2024-06-30 |
| Profit Margin: | 0.02 |
| Operating Margin TTM: | 0.07 |
| Return On Assets TTM: | 0.03 |
| Return On Equity TTM: | 0.03 |
| Revenue TTM: | 1202443008 |
| Revenue Per Share TTM: | 37.73 |
| Quarterly Revenue Growth YOY: | -0.05 |
| Gross Profit TTM: | 661484000 |
| Diluted Eps TTM: | 0.77 |
| Quarterly Earnings Growth YOY: | -0.39 |
Valuation
| Trailing PE: | 16.44 |
| Forward PE: | 20.66 |
| Price Sales TTM: | 0.33 |
| Price Book MRQ: | 0.58 |
| Enterprise Value: | 771344960 |
| Enterprise Value Revenue: | 0.64 |
| Enterprise Value Ebitda: | 4.89 |
Shares
| Shares Outstanding: | 31862400 |
| Shares Float: | 24355619 |
| Percent Insiders: | 5.04 |
| Percent Institutions: | 83.13 |
Technicals
| Beta: | 1.55 |
| 52 Week High: | 19.8 |
| 52 Week Low: | 12.1 |
| 50 Day MA: | 14.20 |
| 200 Day MA: | 16.25 |
Splits & Dividends
| Forward Annual Dividend Rate: | 0.45 |
| Forward Annual Dividend Yield: | 0.03 |
| Payout Ratio: | 0.82 |
| Ex Dividend Date: | 2024-05-17 |
Earnings
| Report Date: | 2025-11-04 |
| Date: | 2025-09-30 |
| Before After Market: | After Market |
| Currency: | EUR |
| Report Date: | 2025-08-12 |
| Date: | 2025-06-30 |
| Before After Market: | After Market |
| Currency: | EUR |
| Report Date: | 2025-05-06 |
| Date: | 2025-03-31 |
| Before After Market: | After Market |
| Currency: | EUR |
| Report Date: | 2025-02-11 |
| Date: | 2024-12-31 |
| Before After Market: | After Market |
| Currency: | EUR |
| Report Date: | 2024-11-05 |
| Date: | 2024-09-30 |
| Before After Market: | After Market |
| Currency: | EUR |
| Report Date: | 2024-08-13 |
| Date: | 2024-06-30 |
| Before After Market: | After Market |
| Currency: | EUR |
| Eps Actual: | 0.20 |
| Report Date: | 2024-05-07 |
| Date: | 2024-03-31 |
| Before After Market: | After Market |
| Currency: | EUR |
| Eps Actual: | 0.26 |
| Report Date: | 2024-03-26 |
| Date: | 2023-12-31 |
| Before After Market: | After Market |
| Currency: | EUR |
| Eps Actual: | 0.07 |
| Eps Estimate: | 0.36 |
| Eps Difference: | -0.28 |
| Surprise Percent: | -78.41 |
| Report Date: | 2023-11-07 |
| Date: | 2023-09-30 |
| Before After Market: | After Market |
| Currency: | EUR |
| Eps Actual: | 0.28 |
| Eps Estimate: | 0.47 |
| Eps Difference: | -0.18 |
| Surprise Percent: | -39.36 |
| Report Date: | 2023-08-08 |
| Date: | 2023-06-30 |
| Before After Market: | After Market |
| Currency: | EUR |
| Eps Actual: | 0.33 |
| Eps Estimate: | 0.48 |
| Eps Difference: | -0.14 |
| Surprise Percent: | -31.16 |
| Report Date: | 2023-05-09 |
| Date: | 2023-03-31 |
| Before After Market: | After Market |
| Currency: | EUR |
| Eps Actual: | 0.24 |
| Eps Estimate: | 0.46 |
| Eps Difference: | -0.21 |
| Surprise Percent: | -47.19 |
| Report Date: | 2023-03-28 |
| Date: | 2022-12-31 |
| Before After Market: | After Market |
| Currency: | EUR |
| Eps Actual: | 0.09 |
| Eps Estimate: | 0.38 |
| Eps Difference: | -0.28 |
| Surprise Percent: | -74.68 |
| Report Date: | 2022-11-02 |
| Date: | 2022-09-30 |
| Before After Market: | Before Market |
| Currency: | EUR |
| Eps Actual: | 0.43 |
| Eps Estimate: | 0.43 |
| Report Date: | 2022-08-10 |
| Date: | 2022-06-30 |
| Before After Market: | Before Market |
| Currency: | EUR |
| Eps Actual: | 0.44 |
| Eps Estimate: | 0.45 |
| Eps Difference: | -0.01 |
| Surprise Percent: | -2.22 |
| Report Date: | 2022-05-04 |
| Date: | 2022-03-31 |
| Before After Market: | Before Market |
| Currency: | EUR |
| Eps Actual: | 0.66 |
| Eps Estimate: | 0.54 |
| Eps Difference: | 0.12 |
| Surprise Percent: | 22.22 |
| Report Date: | 2022-03-23 |
| Date: | 2021-12-31 |
| Before After Market: | Before Market |
| Currency: | EUR |
| Eps Actual: | 0.28 |
| Eps Estimate: | 0.33 |
| Eps Difference: | -0.05 |
| Surprise Percent: | -15.15 |
| Report Date: | 2021-11-03 |
| Date: | 2021-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.44 |
| Eps Estimate: | 1.34 |
| Eps Difference: | -0.9 |
| Surprise Percent: | -67.16 |
| Report Date: | 2021-08-04 |
| Date: | 2021-06-30 |
| Currency: | EUR |
| Eps Actual: | 0.78 |
| Eps Estimate: | 0.79 |
| Eps Difference: | -0.01 |
| Surprise Percent: | -1.26 |
| Report Date: | 2021-05-05 |
| Date: | 2021-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.76 |
| Eps Estimate: | 0.74 |
| Eps Difference: | 0.02 |
| Surprise Percent: | 2.70 |
| Report Date: | 2021-03-24 |
| Date: | 2020-12-31 |
| Currency: | EUR |
| Eps Actual: | 0.5 |
| Eps Estimate: | 0.44 |
| Eps Difference: | 0.06 |
| Surprise Percent: | 13.63 |
| Report Date: | 2020-11-04 |
| Date: | 2020-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.43 |
| Eps Estimate: | 0.5 |
| Eps Difference: | -0.07 |
| Surprise Percent: | -1 |
| Report Date: | 2020-08-05 |
| Date: | 2020-06-30 |
| Currency: | EUR |
| Eps Actual: | -0.72 |
| Eps Estimate: | -0.58 |
| Eps Difference: | -0.14 |
| Surprise Percent: | -24.13 |
| Report Date: | 2020-05-06 |
| Date: | 2020-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.34 |
| Eps Estimate: | 0.4 |
| Eps Difference: | -0.06 |
| Surprise Percent: | -1 |
| Report Date: | 2020-03-25 |
| Date: | 2019-12-31 |
| Currency: | EUR |
| Eps Actual: | 0.17 |
| Eps Estimate: | 0.25 |
| Eps Difference: | -0.08 |
| Surprise Percent: | -3 |
| Report Date: | 2019-11-06 |
| Date: | 2019-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.56 |
| Eps Estimate: | 0.78 |
| Eps Difference: | -0.21 |
| Surprise Percent: | -27.56 |
| Report Date: | 2019-08-06 |
| Date: | 2019-06-30 |
| Currency: | EUR |
| Eps Actual: | 0.83 |
| Eps Estimate: | 0.85 |
| Eps Difference: | -0.02 |
| Surprise Percent: | -2.35 |
| Report Date: | 2019-05-08 |
| Date: | 2019-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.79 |
| Eps Estimate: | 0.77 |
| Eps Difference: | 0.02 |
| Surprise Percent: | 2.59 |
| Report Date: | 2019-02-13 |
| Date: | 2018-12-31 |
| Currency: | EUR |
| Eps Actual: | 0.91 |
| Eps Estimate: | 0.97 |
| Eps Difference: | -0.05 |
| Surprise Percent: | -6.04 |
| Report Date: | 2018-11-07 |
| Date: | 2018-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.85 |
| Eps Estimate: | 0.79 |
| Eps Difference: | 0.06 |
| Surprise Percent: | 8.10 |
| Report Date: | 2018-07-31 |
| Date: | 2018-06-30 |
| Currency: | EUR |
| Eps Actual: | 0.86 |
| Eps Estimate: | 1.02 |
| Eps Difference: | -0.16 |
| Surprise Percent: | -15.68 |
| Report Date: | 2018-05-09 |
| Date: | 2018-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.85 |
| Eps Estimate: | 0.92 |
| Eps Difference: | -0.07 |
| Surprise Percent: | -7.60 |
| Report Date: | 2018-02-14 |
| Date: | 2017-12-31 |
| Currency: | EUR |
| Eps Actual: | 0.72 |
| Eps Estimate: | 0.79 |
| Eps Difference: | -0.07 |
| Surprise Percent: | -8.86 |
| Report Date: | 2017-11-08 |
| Date: | 2017-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.77 |
| Eps Estimate: | 0.81 |
| Eps Difference: | -0.04 |
| Surprise Percent: | -4.93 |
| Report Date: | 2017-08-09 |
| Date: | 2017-06-30 |
| Currency: | EUR |
| Eps Actual: | 0.88 |
| Eps Estimate: | 0.89 |
| Eps Difference: | -0.00 |
| Surprise Percent: | -0.56 |
| Report Date: | 2017-05-10 |
| Date: | 2017-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.85 |
| Eps Estimate: | 0.83 |
| Eps Difference: | 0.02 |
| Surprise Percent: | 2.40 |
| Report Date: | 2017-02-15 |
| Date: | 2016-12-31 |
| Currency: | EUR |
| Eps Actual: | 0.64 |
| Eps Estimate: | 0.62 |
| Eps Difference: | 0.02 |
| Surprise Percent: | 4.03 |
| Report Date: | 2016-11-02 |
| Date: | 2016-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.71 |
| Eps Estimate: | 0.71 |
| Report Date: | 2016-08-03 |
| Date: | 2016-06-30 |
| Currency: | EUR |
| Eps Actual: | 0.79 |
| Eps Estimate: | 0.75 |
| Eps Difference: | 0.04 |
| Surprise Percent: | 5.33 |
| Report Date: | 2016-05-04 |
| Date: | 2016-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.71 |
| Eps Estimate: | 0.74 |
| Eps Difference: | -0.03 |
| Surprise Percent: | -4.05 |
| Report Date: | 2016-03-23 |
| Date: | 2015-12-31 |
| Currency: | EUR |
| Eps Actual: | 0.68 |
| Eps Estimate: | 0.64 |
| Eps Difference: | 0.04 |
| Surprise Percent: | 6.2 |
| Report Date: | 2015-11-04 |
| Date: | 2015-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.65 |
| Eps Estimate: | 0.7 |
| Eps Difference: | -0.05 |
| Surprise Percent: | -7.14 |
| Report Date: | 2015-08-05 |
| Date: | 2015-06-30 |
| Currency: | EUR |
| Eps Actual: | 0.74 |
| Eps Estimate: | 1.43 |
| Eps Difference: | -0.69 |
| Surprise Percent: | -48.25 |
| Report Date: | 2015-05-06 |
| Date: | 2015-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.74 |
| Eps Estimate: | 0.76 |
| Eps Difference: | -0.02 |
| Surprise Percent: | -2.63 |
| Report Date: | 2015-03-25 |
| Date: | 2014-12-31 |
| Currency: | EUR |
| Eps Actual: | 0.56 |
| Eps Estimate: | 0.4 |
| Eps Difference: | 0.16 |
| Surprise Percent: | 4 |
| Report Date: | 2014-11-05 |
| Date: | 2014-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.54 |
| Eps Estimate: | 0.51 |
| Eps Difference: | 0.03 |
| Surprise Percent: | 5.88 |
| Report Date: | 2014-08-06 |
| Date: | 2014-06-30 |
| Currency: | EUR |
| Eps Actual: | 0.53 |
| Eps Estimate: | 0.58 |
| Eps Difference: | -0.05 |
| Surprise Percent: | -8.62 |
| Report Date: | 2014-05-07 |
| Date: | 2014-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.53 |
| Eps Estimate: | 0.4 |
| Eps Difference: | 0.13 |
| Surprise Percent: | 32. |
| Report Date: | 2014-03-27 |
| Date: | 2013-12-31 |
| Currency: | EUR |
| Eps Actual: | 0.39 |
| Report Date: | 2013-11-06 |
| Date: | 2013-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.43 |
| Eps Estimate: | 0.5 |
| Eps Difference: | -0.07 |
| Surprise Percent: | -1 |
| Report Date: | 2013-08-07 |
| Date: | 2013-06-30 |
| Currency: | EUR |
| Eps Actual: | 0.45 |
| Report Date: | 2013-05-07 |
| Date: | 2013-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.49 |
| Report Date: | 2013-02-27 |
| Date: | 2012-12-31 |
| Currency: | EUR |
| Eps Actual: | 0.29 |
| Report Date: | 2012-11-14 |
| Date: | 2012-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.46 |
| Report Date: | 2012-08-14 |
| Date: | 2012-06-30 |
| Currency: | EUR |
| Eps Actual: | 0.50 |
| Report Date: | 2012-05-14 |
| Date: | 2012-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.51 |
| Report Date: | 2012-02-29 |
| Date: | 2011-12-31 |
| Currency: | EUR |
| Eps Actual: | 0.44 |
| Report Date: | 2011-11-15 |
| Date: | 2011-09-30 |
| Currency: | EUR |
| Eps Actual: | 0.55 |
| Report Date: | 2011-08-10 |
| Date: | 2011-06-30 |
| Currency: | EUR |
| Eps Actual: | 0.16 |
| Report Date: | 2011-05-17 |
| Date: | 2011-03-31 |
| Currency: | EUR |
| Eps Actual: | 0.02 |
| Date: | 2023-12-31 |
| Period: | +1y |
| Growth: | 0.22 |
| Earnings Estimate Avg: | 2.46 |
| Earnings Estimate Low: | 1.77 |
| Earnings Estimate High: | 2.83 |
| Earnings Estimate Year Ago Eps: | 2.01 |
| Earnings Estimate Number Of Analysts: | 10.00 |
| Earnings Estimate Growth: | 0.22 |
| Revenue Estimate Avg: | 1285480000.00 |
| Revenue Estimate Low: | 1198000000.00 |
| Revenue Estimate High: | 1402300000.00 |
| Revenue Estimate Number Of Analysts: | 12.00 |
| Revenue Estimate Growth: | 0.05 |
| Eps Trend Current: | 2.46 |
| Eps Trend7days Ago: | 2.46 |
| Eps Trend30days Ago: | 2.52 |
| Eps Trend60days Ago: | 3.23 |
| Eps Trend90days Ago: | 3.23 |
| Eps Revisions Up Last7days: | 1.00 |
| Eps Revisions Up Last30days: | 1.00 |
| Date: | 2023-03-31 |
| Period: | +1q |
| Earnings Estimate Year Ago Eps: | 0.66 |
| Date: | 2022-12-31 |
| Growth: | -0.11 |
| Earnings Estimate Avg: | 2.01 |
| Earnings Estimate Low: | 1.78 |
| Earnings Estimate High: | 2.25 |
| Earnings Estimate Year Ago Eps: | 2.27 |
| Earnings Estimate Number Of Analysts: | 11.00 |
| Earnings Estimate Growth: | -0.11 |
| Revenue Estimate Avg: | 1223170000.00 |
| Revenue Estimate Low: | 1164000000.00 |
| Revenue Estimate High: | 1265400000.00 |
| Revenue Estimate Number Of Analysts: | 12.00 |
| Revenue Estimate Growth: | 0.12 |
| Eps Trend Current: | 2.01 |
| Eps Trend7days Ago: | 2.01 |
| Eps Trend30days Ago: | 2.02 |
| Eps Trend60days Ago: | 2.57 |
| Eps Trend90days Ago: | 2.57 |
| Eps Revisions Up Last30days: | 2.00 |
| Eps Revisions Down Last30days: | 1.00 |
| Date: | 2022-09-30 |
| Growth: | -0.29 |
| Earnings Estimate Avg: | 0.55 |
| Earnings Estimate Low: | 0.55 |
| Earnings Estimate High: | 0.55 |
| Earnings Estimate Year Ago Eps: | 0.78 |
| Earnings Estimate Number Of Analysts: | 1.00 |
| Earnings Estimate Growth: | -0.29 |
| Revenue Estimate Avg: | 307330000.00 |
| Revenue Estimate Low: | 288000000.00 |
| Revenue Estimate High: | 319000000.00 |
| Revenue Estimate Number Of Analysts: | 3.00 |
| Eps Trend Current: | 0.55 |
| Eps Trend7days Ago: | 0.55 |
| Date: | 2022-06-30 |
| Revenue Estimate Avg: | 313720000.00 |
| Revenue Estimate Low: | 301000000.00 |
| Revenue Estimate High: | 318000000.00 |
| Revenue Estimate Number Of Analysts: | 4.00 |
| Date: | 2022-03-31 |
| Earnings Estimate Avg: | 0.54 |
| Earnings Estimate Low: | 0.54 |
| Earnings Estimate High: | 0.54 |
| Earnings Estimate Number Of Analysts: | 1.00 |
| Revenue Estimate Avg: | 304394000.00 |
| Revenue Estimate Low: | 295000000.00 |
| Revenue Estimate High: | 295000000.00 |
| Revenue Estimate Number Of Analysts: | 1.00 |
| Eps Trend Current: | 0.54 |
| Eps Trend7days Ago: | 0.54 |
| Date: | 2021-12-31 |
| Earnings Estimate Avg: | 2.24 |
| Earnings Estimate Low: | 1.72 |
| Earnings Estimate High: | 2.44 |
| Earnings Estimate Number Of Analysts: | 12.00 |
| Revenue Estimate Avg: | 1080960000.00 |
| Revenue Estimate Low: | 1032290000.00 |
| Revenue Estimate High: | 1093000000.00 |
| Revenue Estimate Number Of Analysts: | 14.00 |
| Eps Trend Current: | 2.24 |
| Eps Trend7days Ago: | 2.24 |
| Eps Trend30days Ago: | 2.23 |
| Eps Trend60days Ago: | 2.28 |
| Eps Trend90days Ago: | 2.29 |
| Eps Revisions Up Last30days: | 1.00 |
| Date: | 2021-09-30 |
| Revenue Estimate Avg: | 297000000.00 |
| Revenue Estimate Low: | 297000000.00 |
| Revenue Estimate High: | 297000000.00 |
| Revenue Estimate Number Of Analysts: | 1.00 |
| Eps Trend7days Ago: | 1.24 |
| Eps Trend30days Ago: | 1.24 |
| Eps Trend60days Ago: | 1.24 |
| Eps Trend90days Ago: | 1.24 |
| Date: | 2019-12-31 |
| Period: | +1y |
| Revenue Estimate Avg: | 1134370000.00 |
| Revenue Estimate Low: | 1054000000.00 |
| Revenue Estimate High: | 1179000000.00 |
| Revenue Estimate Number Of Analysts: | 17.00 |
| Revenue Estimate Growth: | 0.04 |
| Eps Trend7days Ago: | 3.69 |
| Eps Trend30days Ago: | 3.69 |
| Eps Trend60days Ago: | 3.69 |
| Eps Trend90days Ago: | 3.69 |
| Date: | 2019-03-31 |
| Period: | +1q |
| Earnings Estimate Year Ago Eps: | 0.92 |
| Revenue Estimate Avg: | 302000000.00 |
| Revenue Estimate Low: | 302000000.00 |
| Revenue Estimate High: | 302000000.00 |
| Revenue Estimate Number Of Analysts: | 1.00 |
| Revenue Estimate Growth: | 0.10 |
| Eps Trend7days Ago: | 1.17 |
| Eps Trend30days Ago: | 1.17 |
| Eps Trend60days Ago: | 1.17 |
| Eps Trend90days Ago: | 1.17 |
| Eps Revisions Up Last30days: | 1.00 |
| Date: | 2018-12-31 |
| Revenue Estimate Avg: | 1084700000.00 |
| Revenue Estimate Low: | 1073000000.00 |
| Revenue Estimate High: | 1097000000.00 |
| Revenue Estimate Number Of Analysts: | 16.00 |
| Revenue Estimate Growth: | 0.06 |
| Eps Trend7days Ago: | 3.35 |
| Eps Trend30days Ago: | 3.35 |
| Eps Trend60days Ago: | 3.35 |
| Eps Trend90days Ago: | 3.35 |
| Date: | 2024-09-30 |
| Eps Actual: | 0.46 |
| Date: | 2023-12-31 |
| Eps Actual: | 0.93 |
| Date: | 2022-12-31 |
| Eps Actual: | 1.62 |
| Date: | 2021-12-31 |
| Eps Actual: | 2.2 |
| Date: | 2020-12-31 |
| Eps Actual: | 0.5 |
| Date: | 2019-12-31 |
| Eps Actual: | 2.35 |
| Date: | 2018-12-31 |
| Eps Actual: | 3.47 |
| Date: | 2017-12-31 |
| Eps Actual: | 3.22 |
| Date: | 2016-12-31 |
| Eps Actual: | 2.85 |
| Date: | 2015-12-31 |
| Eps Actual: | 2.8 |
| Date: | 2014-12-31 |
| Eps Actual: | 2.1 |
| Date: | 2013-12-31 |
| Eps Actual: | 1.77 |
| Date: | 2012-12-31 |
| Eps Actual: | 1.77 |
| Date: | 2011-12-31 |
| Eps Actual: | 1.18 |