Carr's Group plc (CARR) AI Stock Analysis

• Market Cap: £143.29M
• Dividend Yield: 3.17%
• Average Volume (3M): 92.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.35
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 626
• Sector: Consumer Defensive
• Sector Strength: 64
• Industry: Agricultural Farm Products
• EPS (TTM): 0.07
• Shares Outstanding: 94,581,520
• 10 Day Avg. Volume: 62,905
• 30 Day Avg. Volume: 92,174
• PEG Ratio: 5.07
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -32.39
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: 164.00p ▲(8.25%Upside)

Carr's Group plc scores moderately due to strong corporate events and technical analysis indicating bullish momentum. However, financial performance and valuation concerns, particularly profitability issues and a negative P/E ratio, weigh down the overall score.

Carr's Group plc Business Overview & Revenue Model

Company Description

Carr's Group plc (CARR) is a leading agriculture and engineering company headquartered in the United Kingdom. The company operates in two main sectors: Agriculture and Engineering. In the agriculture sector, Carr's Group provides a comprehensive range of products and services including animal feed, feed blocks, and agricultural machinery. In the engineering sector, the company delivers specialized engineering solutions, focusing on the design and manufacture of bespoke equipment for nuclear, oil and gas, and other high-tech industries.

How the Company Makes Money

Carr's Group plc generates revenue through its two primary sectors: Agriculture and Engineering. In the agriculture sector, the company earns money by manufacturing and selling animal feed and feed blocks, which are essential for livestock farming. Additionally, Carr's provides agricultural machinery and related services that cater to the needs of farmers. In the engineering sector, Carr's Group derives income by designing and manufacturing specialized equipment, particularly for the nuclear, oil and gas industries. The company also engages in long-term partnerships and contracts with key players in these sectors, ensuring a steady stream of revenue. Factors such as its strong market position, diverse product offerings, and strategic partnerships significantly contribute to its earnings.

Carr's Group plc Financial Statement Overview

Summary

Carr's Group plc faces profitability challenges with declining revenues and negative income, impacting its income statement performance. However, the company maintains a stable balance sheet with manageable debt levels and shows improvement in cash flow management. Overall, financial performance is moderate, with a need to address revenue and profit generation strategies.

Income Statement

The income statement shows significant challenges with declining revenues and negative net income in the latest year, indicating profitability issues. The negative EBIT and EBITDA margins further highlight operating difficulties. Revenue has decreased sharply compared to the previous period.

Balance Sheet

The balance sheet reflects moderate financial stability with a reasonable debt-to-equity ratio and positive stockholders' equity. However, the total assets have decreased, which might indicate challenges in asset management or growth. Still, the company maintains a positive equity ratio, suggesting some level of financial resilience.

Cash Flow

The cash flow statement shows improvement in free cash flow, indicating better cash management compared to the previous year. The operating cash flow to net income ratio is positive, suggesting efficient cash conversion despite net losses. However, previous periods had negative free cash flow, indicating inconsistency in cash generation capabilities.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
75.70M	143.21M	124.24M	120.32M	395.63M
	Gross Profit
14.27M	32.29M	27.75M	29.09M	49.73M
	EBIT
-6.79M	1.95M	10.36M	9.03M	12.56M
	EBITDA
-4.03M	6.72M	12.79M	12.49M	18.65M
	Net Income Common Stockholders
-5.72M	-226.00K	2.71M	7.66M	8.42M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
13.71M	23.12M	22.52M	24.31M	17.57M
	Total Assets
143.80M	160.02M	307.56M	262.69M	244.81M
	Total Debt
6.39M	25.74M	44.08M	49.70M	50.39M
	Net Debt
-7.32M	2.62M	21.57M	25.39M	32.82M
	Total Liabilities
48.87M	52.15M	175.23M	128.13M	113.17M
	Stockholders Equity
94.93M	107.88M	118.13M	117.40M	114.83M
Cash Flow		Free Cash Flow
6.25M	-3.83M	-5.83M	16.91M	10.73M
	Operating Cash Flow
7.44M	-919.00K	-1.79M	20.05M	17.35M
	Investing Cash Flow
392.00K	23.18M	-7.03M	-3.89M	-8.14M
	Financing Cash Flow
-10.47M	-36.30M	13.65M	-6.47M	-22.21M

Carr's Group plc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 151.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CARR, the sentiment is Neutral. The current price of 151.5 is below the 20-day moving average (MA) of 151.70, above the 50-day MA of 137.83, and above the 200-day MA of 125.41, indicating a neutral trend. The MACD of 3.19 indicates Positive momentum. The RSI at 52.04 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:CARR.

Carr's Group plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MPE	83 Outperform	£566.11M	8.36	17.13%	5.17%	11.71%	65.23%
CARR	65 Neutral	£143.29M	―	-6.03%	3.17%	―	―
Sector *	65 Neutral	$8.81B	15.01	4.71%	3.72%	3.60%	-2.89%
PACS	44 Neutral	£395.06K	―	-46.96%	―	10.90%	―

Carr's Group plc Corporate Events

Carr’s Group Updates Share Capital and Voting Rights

Carr’s Group plc has announced that its issued share capital now consists of 94,582,837 ordinary shares, each carrying one vote in general meetings. This update is in line with the Financial Conduct Authority’s Disclosure and Transparency Rule 5.6.1, and shareholders can use this figure to assess their interests in the company. This announcement ensures transparency and compliance with regulatory requirements, potentially impacting shareholder engagement and interest calculations.

Carr’s Group Updates Share Capital and Voting Rights

Carr’s Group plc announced that its issued share capital consists of 94,581,523 ordinary shares, each carrying one voting right, with none held in treasury. This update is crucial for shareholders as it affects their calculations for notifying changes in their interest under the FCA’s Disclosure and Transparency Rules.

Carr’s Group Proposes £70 Million Shareholder Return via Tender Offer

Carr’s Group plc has announced a proposed tender offer to return up to £70 million to shareholders following the sale of its Engineering Division. The tender offer, which represents approximately 45.4% of the company’s issued ordinary share capital, will allow qualifying shareholders to tender their shares at a premium price of 163 pence per share. The offer is conditional on shareholder approval at a general meeting and aims to enhance earnings per share by reducing the number of shares in issue. Additionally, the company plans to adopt new articles of association, allowing directors to change the company’s name by board resolution.

Carr’s Group Updates Share Capital and Voting Rights

Carr’s Group plc has announced that its issued share capital consists of 94,532,112 ordinary shares, each carrying one vote at general meetings. This update is in line with the Financial Conduct Authority’s Disclosure and Transparency Rule, providing shareholders with the necessary information for compliance with voting rights regulations.

Carr’s Group Announces Long Term Incentive Plan Awards

Carr’s Group plc has announced the awarding of options under its Long Term Incentive Plan 2023 to certain key personnel, including Company Secretary Paula Robertson, for 28,488 ordinary shares. These options are subject to performance targets based on the company’s adjusted Earnings Per Share and Return on Capital Employed over a three-year period, with vesting contingent on achieving specific growth metrics. This move is part of Carr’s strategy to align management incentives with company performance, potentially impacting its operational focus and stakeholder interests.

Carr’s Group Reports Strong Interim Results Amid Strategic Transformation

Carr’s Group plc has reported strong interim results for the first half of 2025, highlighting a significant transformation towards becoming a pure-play specialist agriculture company. The company achieved a 7% increase in revenue and a 62.6% rise in operating profit from continuing operations, driven by strategic initiatives such as the sale of its Engineering Division and a focus on agriculture. The transformation includes cost reductions, the sale of non-core assets, and a strategic focus on expanding its agriculture division. The company plans to return up to £70 million to shareholders and sees a leadership change with the appointment of Josh Hoopes as the new CEO. Despite challenges in the US market, Carr’s aims to enhance market share and margins through disciplined execution.

Carr’s Group Updates Share Capital and Voting Rights

Carr’s Group plc has announced that its issued share capital now consists of 94,446,555 ordinary shares, each carrying one vote at general meetings. This update is significant for shareholders as it affects the calculations for notifying changes in their interests under the Financial Conduct Authority’s Disclosure and Transparency Rules.

Carr’s Group Completes Sale of Engineering Division to Focus on Agriculture

Carr’s Group plc has completed the sale of its Engineering Division to Cadre Holdings, Inc. for £75 million, marking a significant step in its strategic shift towards becoming a focused agriculture business. The proceeds from the sale will be used to return up to £70 million to shareholders and fund strategic growth in agriculture. This transition is expected to enhance the company’s financial and operational efficiencies, with a new leadership team in place to drive the Agriculture Strategy, which includes improving operating margins, delivering profitable growth, and expanding into new markets.