Financials FRP Advisory Group plc

Equities

Market Closed - London S.E. Other stock markets 11:35:16 2024-05-20 am EDT			5-day change	1st Jan Change
144.5 ^GBX	+0.70%		+13.56%	+5.86%

May. 17	FTSE 100 slips in tepid trade at end of week	AN
May. 17	FRP Advisory says results ahead of expectations in "excellent" year	AN

Fiscal Period: April	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	275.5	263.9	285	247.3	334.4	-	-
Enterprise Value (EV) ¹	254.2	247.5	266.9	224.4	313.6	308.2	299
P/E ratio	133 x	21 x	25.9 x	20.4 x	16.7 x	15.8 x	13.1 x
Yield	0.57%	3.43%	3.39%	4.24%	3.53%	3.67%	3.91%
Capitalization / Revenue	4.36 x	3.34 x	3 x	2.38 x	2.61 x	2.46 x	2.34 x
EV / Revenue	4.02 x	3.13 x	2.81 x	2.16 x	2.45 x	2.27 x	2.09 x
EV / EBITDA	13.7 x	10.8 x	10.4 x	8.31 x	8.47 x	8.56 x	7.87 x
EV / FCF	-	25.6 x	20.7 x	21.4 x	36.7 x	14.8 x	12.8 x
FCF Yield	-	3.9%	4.82%	4.68%	2.72%	6.77%	7.78%
Price to Book	-	9.05 x	6.3 x	3.92 x	4.85 x	4.25 x	3.55 x
Nbr of stocks (in thousands)	237,501	220,809	224,441	227,954	231,400	-	-
Reference price ²	1.160	1.195	1.270	1.085	1.445	1.445	1.445
Announcement Date	8/27/20	7/27/21	7/22/22	7/26/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: April	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	54.31	63.19	78.99	95.16	104	128	135.7	143
EBITDA ¹	-	18.5	23	25.7	27	37	36	38
EBIT ¹	-	5.05	16.84	15.61	16	29.58	32.28	34
Operating Margin	-	7.99%	21.31%	16.41%	15.38%	23.11%	23.79%	23.78%
Earnings before Tax (EBT) ¹	-	2.906	16.6	15.12	15.6	27.93	29.45	34.5
Net income ¹	-0.606	2.077	13.61	11.91	12.7	20.77	22.2	25.9
Net margin	-1.12%	3.29%	17.23%	12.52%	12.21%	16.22%	16.36%	18.12%
EPS ²	-	0.008700	0.0569	0.0490	0.0533	0.0867	0.0915	0.1100
Free Cash Flow ¹	-	-	9.654	12.88	10.5	8.534	20.87	23.27
FCF margin	-	-	12.22%	13.53%	10.1%	6.67%	15.38%	16.28%
FCF Conversion (EBITDA)	-	-	41.97%	50.1%	38.89%	23.07%	57.97%	61.23%
FCF Conversion (Net income)	-	-	70.93%	108.1%	82.68%	41.1%	94.03%	89.85%
Dividend per Share ²	-	0.006600	0.0410	0.0430	0.0460	0.0511	0.0530	0.0565
Announcement Date	3/2/20	8/27/20	7/27/21	7/22/22	7/26/23	-	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: April	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	-	21.3	16.4	18.1	22.9	20.8	26.1	35.4
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	-	-	9.65	12.9	10.5	8.53	20.9	23.3
ROE (net income / shareholders' equity)	-	21.1%	-	30.4%	23.6%	31.6%	27.4%	25.5%
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	-	0.1300	0.2000	0.2800	0.3000	0.3400	0.4100
Cash Flow per Share ²	-	-	0.0500	0.0600	0.0500	0.0600	0.0900	0.0700
Capex ¹	-	0.71	1.11	1.4	0.6	1.35	1.45	1.28
Capex / Sales	-	1.12%	1.41%	1.47%	0.58%	1.05%	1.07%	0.89%
Announcement Date	3/2/20	8/27/20	7/27/21	7/22/22	7/26/23	-	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.445 GBP

Average target price

1.895 GBP

Spread / Average Target

+31.14%

	1st Jan change	Capi.
FRP ADVISORY GROUP PLC	+5.86%	422M
FTI CONSULTING, INC.	+12.88%	7.83B
BAYCURRENT CONSULTING, INC.	-31.17%	3.36B
ICF INTERNATIONAL, INC.	+9.80%	2.81B
SHANGHAI RESEARCH INSTITUTE OF BUILDING SCIENCES GROUP CO., LTD.	-8.52%	1.11B
ANHUI TRANSPORT CONSULTING & DESIGN INSTITUTE CO.,LTD.	+21.46%	851M
FUNAI SOKEN HOLDINGS INCORPORATED	-9.79%	703M
THE HACKETT GROUP, INC.	-5.18%	595M
DARK HORSE TECHNOLOGY GROUP CO., LTD.	-8.74%	586M
STRIKE COMPANY,LIMITED	-9.34%	527M