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Benchmark Holdings PLC (GB:BMK)
LSE:BMK

Benchmark Holdings (BMK) AI Stock Analysis

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Benchmark Holdings

(LSE:BMK)

45Neutral
Benchmark Holdings is grappling with significant financial difficulties, characterized by declining revenue and persistent net losses. Technical indicators reinforce a bearish outlook, and the valuation is unattractive due to negative earnings. While proactive debt management is a positive development, it is insufficient to offset broader financial and market challenges. Strategic adjustments are crucial for improving the company’s financial health and growth prospects.

Benchmark Holdings (BMK) vs. S&P 500 (SPY)

Benchmark Holdings Business Overview & Revenue Model

Company DescriptionBenchmark Holdings (BMK) is a leading aquaculture biotechnology company based in the United Kingdom. The company operates in three primary sectors: Genetics, Advanced Nutrition, and Health, offering a comprehensive range of products and services aimed at improving the sustainability and profitability of the aquaculture industry. Benchmark's core offerings include genetic breeding programs, specialized aquaculture nutrition products, and health solutions such as vaccines and medicines for farmed fish.
How the Company Makes MoneyBenchmark Holdings generates revenue through the sale of its products and services across its three main sectors. In the Genetics sector, the company makes money by providing genetic material and breeding services to enhance the traits of farmed fish, which can lead to higher yields and better resistance to disease. The Advanced Nutrition sector contributes to revenue through the sale of high-performance diets and nutrition products designed to improve the growth and health of farmed fish. In the Health sector, Benchmark earns income from the development and sale of vaccines, medicines, and health management solutions that help prevent and treat diseases in aquaculture. Additionally, Benchmark collaborates with various industry stakeholders and partners to enhance its product offerings and expand its market reach, thus contributing to its overall earnings.

Benchmark Holdings Financial Statement Overview

Summary
Benchmark Holdings faces financial challenges, with declining revenues and persistent net losses. While the balance sheet shows moderate stability due to a manageable debt-to-equity ratio, ongoing negative cash flows and profitability issues indicate a need for strategic adjustments.
Income Statement
45
Neutral
Benchmark Holdings has faced declining revenue with a 25% decrease in the most recent TTM. The company struggles with profitability as evidenced by negative EBIT and net income margins. Despite positive EBITDA margins, the overall financial health of the income statement is weak due to consistent net losses.
Balance Sheet
60
Neutral
The balance sheet shows moderate stability with a debt-to-equity ratio of approximately 0.35, indicating manageable leverage. However, the equity ratio has decreased, reflecting reduced asset efficiency. The company's equity position has weakened over the years, needing attention to sustain long-term stability.
Cash Flow
40
Negative
The cash flow statement reveals negative free cash flow growth, driven by declining operating cash flow and increased capital expenditures. The company struggles to convert net income into cash, highlighted by negative operating and free cash flow to net income ratios. This highlights potential liquidity concerns.
Breakdown
TTMSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income StatementTotal Revenue
67.61M90.36M169.48M158.28M125.06M105.56M
Gross Profit
25.62M43.95M86.75M83.13M65.58M54.96M
EBIT
-35.89M-35.50M-5.32M-4.76M-1.01M-7.68M
EBITDA
5.78M3.96M34.20M28.35M24.36M14.34M
Net Income Common Stockholders
-41.76M-39.46M-23.15M-30.45M-11.58M-22.77M
Balance SheetCash, Cash Equivalents and Short-Term Investments
13.81M23.09M36.52M36.40M39.46M71.61M
Total Assets
380.77M384.90M471.30M526.57M481.99M489.04M
Total Debt
75.84M72.07M102.00M110.14M120.39M109.16M
Net Debt
62.03M48.98M65.47M73.74M80.93M37.55M
Total Liabilities
155.33M160.63M188.68M203.29M202.39M193.59M
Stockholders Equity
219.74M218.26M276.40M313.40M271.71M289.13M
Cash FlowFree Cash Flow
-6.50M-1.92M13.22M-1.91M-16.93M-15.47M
Operating Cash Flow
-2.72M2.00M20.00M10.81M5.79M-4.06M
Investing Cash Flow
-2.81M-2.83M-5.27M-11.22M-23.09M30.38M
Financing Cash Flow
-4.05M-10.97M-12.33M-6.92M-14.67M30.13M

Benchmark Holdings Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price22.60
Price Trends
50DMA
22.74
Negative
100DMA
25.94
Negative
200DMA
32.31
Negative
Market Momentum
MACD
0.06
Negative
RSI
56.48
Neutral
STOCH
82.11
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BMK, the sentiment is Neutral. The current price of 22.6 is above the 20-day moving average (MA) of 21.03, below the 50-day MA of 22.74, and below the 200-day MA of 32.31, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 56.48 is Neutral, neither overbought nor oversold. The STOCH value of 82.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:BMK.

Benchmark Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (52)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
£169.01M4.6533.70%2.04%-0.17%2591.96%
GBEAH
62
Neutral
£42.35M64.430.80%-4.37%
GBAPH
59
Neutral
£355.92M-5.04%-1.02%67.70%
52
Neutral
$5.15B3.02-44.64%2.82%16.45%-0.47%
GBAGY
48
Neutral
£345.57M-369.20%4.50%74.32%
GBBMK
45
Neutral
£167.58M
-16.14%-68.06%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:BMK
Benchmark Holdings
22.60
-23.35
-50.82%
GB:APH
Alliance Pharma
64.70
29.35
83.03%
GB:EAH
Eco Animal Health
62.50
-55.50
-47.03%
GB:ANCR
Animalcare
245.00
12.87
5.54%
GB:AGY
Allergy Therapeutics
7.25
3.85
113.24%

Benchmark Holdings Corporate Events

Other
Benchmark Holdings Confirms Stable Share Capital Structure
Positive
Apr 30, 2025

Benchmark Holdings PLC announced that as of 30 April 2025, its issued share capital consists of 741,505,672 ordinary shares, all with voting rights. This figure has remained unchanged since the previous announcement on 31 March 2025, and shareholders can use this number to calculate their interest in the company. This stability in share capital indicates a steady state in the company’s financial structure, which could reassure investors and stakeholders about the company’s current market position.

Spark’s Take on GB:BMK Stock

According to Spark, TipRanks’ AI Analyst, GB:BMK is a Neutral.

Benchmark Holdings is grappling with significant financial difficulties characterized by declining revenue and persistent net losses. The technical indicators present a bearish outlook, compounded by an unattractive valuation due to negative earnings. Although corporate events highlight proactive debt management, they are insufficient to offset broader financial and market challenges. Strategic adjustments are crucial for improving the company’s financial health and growth prospects.

To see Spark’s full report on GB:BMK stock, click here.

M&A TransactionsBusiness Operations and Strategy
Benchmark Holdings Achieves Debt-Free Status and Prepares for Strategic Shift
Positive
Apr 16, 2025

Benchmark Holdings has announced the completion of its Green Bond redemption and repayment of its RCF, making the company debt-free. The company has also streamlined its corporate structure following the sale of its Genetics division, preparing for its next phase of operations. Details on the strategy for continuing business and return of capital are expected in May, signaling a strategic shift that could impact its market positioning and stakeholder interests.

Spark’s Take on GB:BMK Stock

According to Spark, TipRanks’ AI Analyst, GB:BMK is a Underperform.

Benchmark Holdings is facing significant financial difficulties, with declining revenue and net losses affecting its financial health. The stock’s technical indicators suggest a bearish trend, and the valuation is unattractive due to negative earnings. However, the proactive debt management through early bond redemption is a positive development but not enough to offset the overall negative outlook.

To see Spark’s full report on GB:BMK stock, click here.

Private Placements and FinancingBusiness Operations and Strategy
Benchmark Holdings to Redeem Outstanding Bonds Ahead of Schedule
Positive
Apr 1, 2025

Benchmark Holdings PLC announced its decision to exercise a call option to redeem all outstanding bonds from its senior unsecured bond issue, originally set to mature in September 2025. This strategic financial move, scheduled for completion by April 15, 2025, is expected to impact the company’s financial structure by addressing its debt obligations earlier than planned, potentially enhancing its market position and stakeholder confidence.

M&A TransactionsBusiness Operations and Strategy
Benchmark Holdings Completes Sale of Genetics Business
Neutral
Mar 31, 2025

Benchmark Holdings has completed the sale of its genetics business to Starfish Bidco, a subsidiary of Novo Holdings, for an enterprise value of £260 million. This transaction is expected to yield gross cash proceeds of approximately £194 million, with net cash proceeds of about £107.5 million after debt repayments. The sale aligns with Benchmark’s strategic focus, and further details on the use of proceeds will be provided in mid-April.

Regulatory Filings and Compliance
Benchmark Holdings Updates Total Voting Rights
Neutral
Mar 31, 2025

Benchmark Holdings plc announced an update on its total voting rights, reporting an issued share capital of 741,505,672 ordinary shares as of March 31, 2025. This increase in shares, attributed to the routine exercise of options by employees, impacts the calculation for shareholders to notify changes in their interest in the company.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Benchmark Holdings Reports Transitional Q1 FY25 Amid Genetics Business Sale
Neutral
Feb 28, 2025

Benchmark Holdings reported its Q1 FY25 results, highlighting a transitional period as it moves towards completing the sale of its Genetics business and streamlining its operations. The company experienced a 30% decline in revenues from continuing operations compared to the previous year, primarily due to softness in shrimp markets and a change in product mix. Despite these challenges, the Health segment showed resilience, focusing on Salmosan® Vet. Benchmark is progressing with a new joint venture to develop a land-based model for Ectosan® Vet and CleanTreat®. The company plans to use proceeds from the Genetics sale to strengthen its balance sheet and return capital to shareholders.

Regulatory Filings and Compliance
Benchmark Holdings Updates Total Voting Rights
Neutral
Feb 28, 2025

Benchmark Holdings PLC, a company involved in the field of biotechnology and aquaculture, announced that its total issued share capital now consists of 741,455,200 ordinary shares, all with voting rights, as of 28 February 2025. This increase in shares is attributed to the routine exercise of options by current and former employees, impacting the total voting rights available, which shareholders can use to assess their interest in the company.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.