Cohort plc (CHRT) AI Stock Analysis

• Market Cap: £606.34M
• Dividend Yield: 1.31%
• Average Volume (3M): 133.48K
• Price to Earnings (P/E): 29.0
• Beta (1Y): 0.47
• Revenue Growth: 33.33%
• EPS Growth: 19.01%
• Country: UK
• Employees: 1,400
• Sector: Industrials
• Sector Strength: 74
• Industry: Aerospace & Defense
• EPS (TTM): 0.36
• Shares Outstanding: 46,805,622
• 10 Day Avg. Volume: 125,699
• 30 Day Avg. Volume: 133,477
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: £1,520.00
• Price Target Upside: 22.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 66 Neutral
• Price Target: 1,410.00p ▲(13.53% Upside)

Cohort plc's strong financial performance is the primary driver of its score, supported by solid revenue growth and profitability. However, technical indicators suggest bearish momentum, and the valuation appears high, which could limit upside potential.

Cohort plc Business Overview & Revenue Model

Company Description

Cohort plc, through its subsidiaries, provides various products and services in defense and security markets in the United Kingdom, Germany, Portugal, Africa, North and South America, and other European countries. The company offers electro-optical and electro-mechanical systems, such as command, control, communications, computers, intelligence, surveillance, target acquisition, and reconnaissance, as well as combat systems; and communications systems. It also provides integrated command, control, and communications systems for warships and submarines; tactical radio, vehicle intercoms, field communications, and networking software and equipment; electronic warfare operational support, managed, secure communications, cyber security, and training support services; and electronic and surveillance technology services. In addition, the company offers training and simulation; digital forensics; and research, advice, and support services. It provides products and services for customers in the defense and security markets for land, maritime, and air applications, as well as civil markets covering the security, transport, and the oil and gas industry. Cohort plc was incorporated in 2006 and is headquartered in Reading, the United Kingdom.

How the Company Makes Money

Cohort plc generates revenue through multiple key streams, primarily from contracts and services provided to government and commercial clients in the defense and aerospace sectors. The company earns money by offering bespoke engineering solutions, consultancy services, and software development tailored to client needs. Additionally, Cohort benefits from long-term contracts with defense ministries and agencies, which provide a stable revenue base. Strategic partnerships with other technology firms and defense contractors further enhance its capabilities and market reach, contributing to its overall earnings. The company's focus on research and development also allows it to innovate and introduce new products, ensuring continued revenue growth.

Cohort plc Financial Statement Overview

Summary

Cohort plc shows strong revenue growth and stable profitability with a solid balance sheet. However, there are opportunities to improve free cash flow conversion to support future growth.

Income Statement

Cohort plc has demonstrated strong revenue growth with a 19.24% increase in the latest year, indicating robust demand and effective market positioning. The gross profit margin has slightly decreased, but remains healthy at 33.49%. Net profit margin is stable at 7.13%, reflecting consistent profitability. However, the slight decline in EBIT and EBITDA margins suggests potential cost pressures or increased competition.

Balance Sheet

The company's debt-to-equity ratio of 0.50 indicates a conservative leverage approach, enhancing financial stability. Return on equity is solid at 12.14%, showcasing effective use of shareholder funds. The equity ratio of 40.00% suggests a strong capital structure, though there is room for improvement in asset utilization.

Cash Flow

Cohort plc's free cash flow growth of 3.20% is modest, but positive, indicating effective cash management. The operating cash flow to net income ratio of 2.66 suggests strong cash generation relative to earnings. However, the free cash flow to net income ratio of 0.74 indicates potential constraints in free cash flow relative to net income, which could impact future investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	270.04M	270.04M	202.53M	182.71M	137.76M	143.31M
Gross Profit	78.81M	90.42M	76.27M	64.86M	56.60M	53.36M
EBITDA	32.48M	35.57M	29.25M	22.13M	20.78M	20.34M
Net Income	19.25M	19.25M	15.32M	11.36M	9.20M	5.46M
Balance Sheet
Total Assets	396.58M	396.58M	252.50M	210.69M	203.17M	190.88M
Cash, Cash Equivalents and Short-Term Investments	74.65M	74.65M	55.16M	41.45M	40.37M	32.29M
Total Debt	78.88M	78.88M	40.51M	34.98M	39.52M	37.38M
Total Liabilities	236.49M	236.49M	142.66M	110.91M	113.98M	105.83M
Stockholders Equity	158.61M	158.61M	108.67M	97.02M	83.97M	79.31M
Cash Flow
Free Cash Flow	39.13M	38.00M	16.36M	11.29M	17.52M	14.97M
Operating Cash Flow	52.31M	51.18M	23.02M	16.52M	19.52M	16.22M
Investing Cash Flow	-94.77M	-93.65M	-6.16M	-6.11M	-2.37M	-2.54M
Financing Cash Flow	46.18M	46.18M	-16.92M	-10.57M	-8.70M	-1.55M

Cohort plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1242.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CHRT, the sentiment is Negative. The current price of 1242 is below the 20-day moving average (MA) of 1271.19, below the 50-day MA of 1408.94, and below the 200-day MA of 1268.43, indicating a bearish trend. The MACD of -31.40 indicates Negative momentum. The RSI at 41.01 is Neutral, neither overbought nor oversold. The STOCH value of 61.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CHRT.

Cohort plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CHRT	66 Neutral	£606.34M	28.98	14.40%	1.31%	33.33%	19.01%
Sector *	64 Neutral	$10.73B	15.74	7.56%	2.01%	2.76%	-15.10%
BAESF	―	$69.26B	28.36	17.59%	2.94%	―	―
GDWN	72 Outperform	£705.90M	28.73	18.87%	1.35%	14.88%	45.73%
CHG	71 Outperform	£1.45B	37.50	11.62%	1.46%	8.00%	674.47%
AVON	65 Neutral	£572.67M	112.95	4.18%	0.97%	14.69%	―
QQ	56 Neutral	£2.58B	17.97	-23.92%	1.85%	1.02%	-240.44%

Cohort plc Corporate Events

Cohort plc Reports Strong Growth and Record Order Book for FY2025

Cohort plc reported strong growth in revenue and profit for the financial year ending April 2025, aligning with market expectations. The company achieved a record closing order book and positive net funds exceeding £5 million, following the acquisition of EM Solutions. The disposal of its non-core Transport division is set to focus the business more on defense and security. Cohort’s outlook remains positive with continued demand for its products amid global defense spending increases, and the integration of EM Solutions is expected to contribute significantly to future growth.

The most recent analyst rating on (GB:CHRT) stock is a Buy with a £1570.00 price target. To see the full list of analyst forecasts on Cohort plc stock, see the GB:CHRT Stock Forecast page.

Cohort plc Announces Block Listing Application for 1.8 Million Shares

Cohort plc has applied to the London Stock Exchange for the admission of 1,825,000 ordinary shares to be traded on AIM, with the expected admission date of 14 May 2025. These shares are reserved under a block listing and will be issued under the Company’s Share Option Plan and the Savings Related Share Option Scheme. This move is likely to enhance Cohort’s financial flexibility and support its growth strategy, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (GB:CHRT) stock is a Buy with a £1570.00 price target. To see the full list of analyst forecasts on Cohort plc stock, see the GB:CHRT Stock Forecast page.

Cohort plc’s SEA Secures £8M Contract with Thales UK

Cohort plc’s subsidiary, Systems Engineering Assessment Ltd (SEA), has secured a significant £8 million contract with Thales UK as part of the 15-year Maritime Sensor Enhancement Team (MSET) programme. This 5-year contract involves providing maintenance and support for the Royal Navy’s towed array handling equipment, enhancing Cohort’s visibility of future revenues and reinforcing its position as a key provider in naval defence systems.

Cohort’s SEA Secures £8M Contract with Thales UK

Cohort plc announced that its subsidiary, Systems Engineering Assessment Ltd (SEA), has secured a significant 15-year contract worth £8 million with Thales UK as part of the Maritime Sensor Enhancement Team programme. This contract, which involves providing maintenance and support for the Royal Navy’s towed array handling equipment, reinforces SEA’s reputation as a reliable provider of advanced naval systems and strengthens Cohort’s long-term revenue visibility.

Cohort plc Announces Total Voting Rights Update

Cohort plc has announced its total voting rights as of April 30, 2025, with an issued share capital of 46,682,990 ordinary shares, each carrying one vote. This update is in accordance with the FCA’s Disclosure Guidance and Transparency Rule, allowing shareholders to calculate their interests in the company’s shares. This announcement reflects Cohort’s commitment to transparency and regulatory compliance, which may impact shareholder engagement and market perception.

Cohort plc Announces Director Share Transactions

Cohort plc announced that Simon Walther, the Finance Director, and Phillippa Walther-Caine, a person closely associated with him, conducted ‘Bed and ISA’ transactions involving the sale and repurchase of shares. These transactions, executed on 23 April 2025, resulted in a slight change in their beneficial interest in Cohort’s shares. This announcement reflects routine financial management activities by key personnel and is unlikely to have significant implications for the company’s operations or market positioning.

Cohort plc Executives Engage in Strategic Share Transactions

Cohort plc announced that Andrew Thomis, the Chief Executive, and Yasmin Thomis, a person closely associated, executed ‘Bed and ISA’ transactions involving the sale and repurchase of shares into Individual Savings Accounts. Additionally, Yasmin Thomis sold shares to contribute to their sons’ ISAs. These transactions reflect strategic financial management by the company’s leadership, potentially impacting stakeholders’ perceptions of executive confidence and investment strategies.

Cohort plc Announces Total Voting Rights Update

Cohort plc announced its total voting rights as of March 31, 2025, with an issued share capital of 46,649,226 ordinary shares, each carrying one vote. This update is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules, reflecting the company’s commitment to transparency and regulatory compliance.

Cohort plc Executives Reinvest Dividends in Company Shares

Cohort plc announced that dividends received by its Chief Executive, Andrew Thomis, and his closely associated persons were automatically reinvested in the company’s shares. This transaction increased their beneficial interest to 264,524 shares, representing 0.57% of the company’s total issued share capital. The reinvestment highlights the executive’s continued confidence in the company’s prospects, potentially impacting stakeholder perception positively.