Celtic (CCP) AI Stock Analysis

• Market Cap: £175.53M
• Dividend Yield: N/A
• Average Volume (3M): 3.33K
• Price to Earnings (P/E): 7.4
• Beta (1Y): 0.33
• Revenue Growth: -4.45%
• EPS Growth: -15.68%
• Country: UK
• Employees: 1,051
• Sector: Communication Services
• Sector Strength: 80
• Industry: Entertainment
• EPS (TTM): 0.25
• Shares Outstanding: 94,878,670
• 10 Day Avg. Volume: 2,109
• 30 Day Avg. Volume: 3,327
• PEG Ratio: 0.01
• Price to Book (P/B): 1.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.10
• 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: £168.91
• Price Target Upside: -8.70% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 81 Outperform
• Price Target: 211.00p ▲(14.05%Upside)

Celtic's stock is bolstered by its strong technical performance and attractive valuation, making it appealing for investors. However, financial challenges like declining profitability and negative cash flow temper the overall score. The absence of earnings call data or corporate events limits additional insights.

Celtic Business Overview & Revenue Model

Company Description

Celtic (CCP) is a diversified company operating primarily in the financial services sector. It offers a range of products and services including insurance, investment management, and financial advisory services. The company is committed to delivering tailored financial solutions that cater to both individual and institutional clients, ensuring long-term growth and financial security.

How the Company Makes Money

Celtic (CCP) generates revenue through various streams, primarily from the premiums collected on its insurance products, such as life, health, and property insurance. Additionally, the company earns income from managing investment portfolios, charging management fees, and performance-based fees. Financial advisory services contribute to their earnings through consultancy fees and commissions on financial products sold. Strategic partnerships with banks and financial institutions also play a significant role in expanding their market reach and enhancing revenue opportunities.

Celtic Financial Statement Overview

Summary

Celtic's financial performance shows strong revenue growth and operational efficiency, but faces challenges with declining profitability and negative free cash flow. The company's low leverage and high equity ratio indicate financial stability, though declining net income and negative free cash flow are concerning.

Income Statement

Celtic has shown a strong recovery in its income statement metrics over the years. The revenue growth rate from 2023 to 2024 is approximately 3.95%, indicating a solid upward trajectory. The gross profit margin improved significantly from previous years, reaching 15.4% in 2024. However, the net profit margin decreased from 27.8% in 2023 to 10.7% in 2024, largely due to a decrease in net income. The EBIT and EBITDA margins for 2024 were 11.7% and 26.0%, respectively, showing operational efficiency, although they have dropped from 2023 levels.

Balance Sheet

The balance sheet of Celtic showcases a strong equity position with a debt-to-equity ratio of 0.009 in 2024, indicating low leverage. The equity ratio is 55.8%, demonstrating financial stability. The return on equity (ROE) for 2024 is 11.0%, which is respectable but has decreased from 30.8% in 2023, reflecting lower profitability relative to shareholder’s equity.

Cash Flow

Celtic's cash flow statement highlights significant challenges in free cash flow, with a decline from a positive $17.38 million in 2023 to a negative $20.73 million in 2024. The operating cash flow to net income ratio is 1.35 in 2024, indicating healthy cash generation relative to net income. However, the free cash flow to net income ratio is negative, suggesting insufficient free cash flow to cover net income, mainly due to high capital expenditures.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	103.14M	124.58M	119.85M	88.23M	60.78M	70.23M
Gross Profit	14.13M	19.19M	12.03M	-16.23M	-25.27M	-22.30M
EBITDA	46.35M	32.43M	56.27M	22.56M	3.50M	15.73M
Net Income	28.25M	13.38M	33.33M	5.85M	-12.60M	-368.00K
Balance Sheet
Total Assets	242.05M	218.09M	220.29M	177.98M	134.64M	144.26M
Cash, Cash Equivalents and Short-Term Investments	65.43M	77.23M	72.28M	31.87M	19.46M	22.41M
Total Debt	5.06M	1.11M	858.00K	2.51M	4.07M	5.45M
Total Liabilities	87.47M	96.45M	112.10M	103.16M	65.71M	62.79M
Stockholders Equity	154.58M	121.64M	108.19M	74.82M	68.93M	81.47M
Cash Flow
Free Cash Flow	4.04M	-20.73M	17.38M	-11.17M	-25.98M	-28.70M
Operating Cash Flow	15.25M	18.00M	43.51M	10.43M	-11.87M	-4.02M
Investing Cash Flow	-21.06M	-11.88M	-343.00K	4.44M	11.41M	-5.08M
Financing Cash Flow	-983.00K	-1.18M	-2.75M	-2.46M	-2.49M	-2.56M

Celtic Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 185.00
• 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:CCP, the sentiment is Positive. The current price of 185 is above the 20-day moving average (MA) of 180.22, above the 50-day MA of 162.00, and above the 200-day MA of 162.61, indicating a bullish trend. The MACD of 8.04 indicates Positive momentum. The RSI at 67.11 is Neutral, neither overbought nor oversold. The STOCH value of 25.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:CCP.

Celtic Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCP	81 Outperform	£175.53M	7.43	17.04%	―	-4.45%	-15.68%
Sector *	65 Neutral	£1.77B	10.02	-12.53%	3.58%	2.59%	-474.71%
EMAN	61 Neutral	£36.02M	―	-21.11%	―	17.96%	-216.22%
ZIN	55 Neutral	£16.95M	―	-12.15%	―	-19.68%	―
OMIP	55 Neutral	£9.68M	53.57	4.13%	1.43%	-8.97%	-216.67%
HUD	51 Neutral	£11.03M	―	-45.88%	―	486.96%	-137.97%
TMO	50 Neutral	£60.76M	―	-24.18%	―	-1.82%	67.47%

Celtic Corporate Events

Celtic PLC Announces Share Capital Conversion

Celtic PLC has announced a change in its issued share capital following the conversion of 35,000 Convertible Cumulative Preference Shares into Ordinary Shares. The conversion has resulted in the company’s capital now consisting of 94,878,668 Ordinary Shares, 12,654,884 Convertible Preferred Ordinary Shares, 15,626,623 Convertible Cumulative Preference Shares, and 694,141,926 Deferred Shares. The newly converted Ordinary Shares will begin trading on AIM on 25 February 2025, with shareholder calculations for voting rights potentially impacted by these changes.

Celtic PLC Announces Changes in Issued Share Capital

Celtic PLC has announced changes to its issued share capital following the conversion of 5,300 Convertible Cumulative Preference Shares. The company’s current share capital comprises various types of shares, with the Ordinary Shares and Convertible Preferred Ordinary Shares being significant for shareholders in terms of calculating their voting rights. Notably, the new Ordinary Shares resulting from these conversions are set to commence trading on AIM on 19 February 2025, aligning with the existing shares in all respects.