Directa Plus PLC (GB:DCTA)
LSE:DCTA
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Directa Plus
(LSE:DCTA)
Select Model
Select Model
Rating:53Neutral
Price Target:
15.00 p
▲(42.86% Upside)
Action:ReiteratedDate:01/06/26
The score is held back primarily by weak financial performance (declining revenues, continued losses, and negative free cash flow). Technicals are supportive with strong trend signals but tempered by an overbought RSI. The latest earnings call was constructive (revenue growth, cost reduction, automation and partnerships), while valuation remains challenged due to ongoing losses and no dividend support.
Positive Factors
Intellectual Property
A deep IP estate (116 granted, 39 pending) creates a durable competitive moat. It supports licensing, deters copycats, and underpins long-term partnerships and revenue diversification across textiles, composites and environmental markets, enhancing strategic optionality.
Negative Factors
Declining Revenues
Historic revenue decline and persistent net losses indicate weak top-line momentum and scale challenges. Without sustained revenue recovery, fixed costs and R&D spend pressure margins, making profitability and self-funded growth difficult over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Intellectual Property
A deep IP estate (116 granted, 39 pending) creates a durable competitive moat. It supports licensing, deters copycats, and underpins long-term partnerships and revenue diversification across textiles, composites and environmental markets, enhancing strategic optionality.
Read all positive factors
Directa Plus (DCTA) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£10.44M
Dividend YieldN/A
Average Volume (3M)59.65K
Price to Earnings (P/E)―
Beta (1Y)-0.16
Revenue Growth-24.85%
EPS Growth40.28%
CountryUK
Employees187
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-0.01
Shares Outstanding104,418,755
10 Day Avg. Volume48,963
30 Day Avg. Volume59,648
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.69
Price to Sales (P/S)0.73
P/FCF Ratio-1.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)£42.40M
Directa Plus Business Overview & Revenue Model
Company Description
Directa Plus Plc manufactures and sells graphene-based products for industrial and commercial applications in Italy and internationally. It operates through Textile, Environmental, and Others segments. The company offers its products under the G+ ...
How the Company Makes Money
Directa Plus generates revenue through the sale of graphene-based products and materials to a diverse range of industries including textiles, automotive, and construction. Its primary revenue streams include the direct sale of its graphene additiv...
Directa Plus Earnings Call Summary
Earnings Call Date:Sep 24, 2025
(Q2-2025)
| Next Earnings Date:May 21, 2026
Earnings Call Sentiment Positive
The earnings call presented a positive outlook with significant achievements in revenue growth, cost reduction, and strategic partnerships. However, there were challenges related to workforce reduction and contract delays.Positive Updates
Revenue Increase
Revenue increased by 15% in the first half of 2025, attributed to new focuses and strategic actions.
Negative Updates
Setcar Workforce Reduction
Setcar reduced its workforce from 165 to 144 with plans to further reduce to 130, indicating restructuring challenges.
Read all updates
Q2-2025 Updates
Positive
Negative
Revenue Increase
Revenue increased by 15% in the first half of 2025, attributed to new focuses and strategic actions.
Read all positive updates
Company Guidance
During the Directa Plus Plc half-year results investor presentation, guidance was provided that highlighted several key metrics and strategic actions. The company expects an explosive growth in the graphene sector, with a compound annual growth rate (CAGR) projected between 20% and 40% over the next decade. The first half of 2025 saw a 15% increase in revenue, attributed to new focus areas, and a significant reduction in EBITDA by 38%, thanks to production cost optimizations and core control measures. Their cash position as of June 2025 was EUR 3 million. Directa Plus has re-engineered its production line to incorporate full automation, which is expected to reduce operational costs and accelerate time-to-market. The company holds 116 granted patents and 39 pending, with strategic plans to offer licensed technology globally. They are also targeting growth in the environmental and textile verticals, recently securing a sole-source contract with a leading governmental defense agency. Additionally, Directa Plus is exploring opportunities in the battery anode arena, with potential sales of their nano graphite products anticipated to commence almost immediately.Directa Plus Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.17M | 6.66M | 10.53M | 10.86M | 8.62M | 6.43M |
| Gross Profit | 3.76M | 3.80M | 4.65M | 4.81M | 4.99M | 4.08M |
| EBITDA | -3.84M | -4.03M | -2.84M | -3.81M | -3.09M | -2.89M |
| Net Income | -4.32M | -5.14M | -3.86M | -4.82M | -3.65M | -4.20M |
Balance Sheet | ||||||
| Total Assets | 9.25M | 11.74M | 12.56M | 16.56M | 21.77M | 17.71M |
| Cash, Cash Equivalents and Short-Term Investments | 2.97M | 4.98M | 2.39M | 5.73M | 11.13M | 7.08M |
| Total Debt | 1.93M | 2.33M | 2.66M | 2.78M | 3.15M | 2.84M |
| Total Liabilities | 3.80M | 4.59M | 5.98M | 5.74M | 5.74M | 7.04M |
| Stockholders Equity | 5.40M | 7.08M | 5.46M | 9.28M | 13.99M | 9.76M |
Cash Flow | ||||||
| Free Cash Flow | -3.52M | -2.69M | -3.12M | -4.35M | -4.28M | -4.27M |
| Operating Cash Flow | -3.43M | -2.35M | -2.63M | -3.59M | -3.52M | -4.07M |
| Investing Cash Flow | -168.08K | -1.76M | -438.71K | -1.17M | -1.64M | -837.81K |
| Financing Cash Flow | 5.70M | 6.58M | -278.79K | -430.02K | 8.98M | 1.37M |
Directa Plus Technical Analysis
Negative
10.50
Price Trends
13.36
Negative
10.68
Negative
10.96
Negative
Market Momentum
-0.97
Positive
34.86
Neutral
23.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:DCTA, the sentiment is Negative. The current price of 10.5 is below the 20-day moving average (MA) of 11.30, below the 50-day MA of 13.36, and below the 200-day MA of 10.96, indicating a bearish trend. The MACD of -0.97 indicates Positive momentum. The RSI at 34.86 is Neutral, neither overbought nor oversold. The STOCH value of 23.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:DCTA.
Directa Plus Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | £25.22M | 5.98 | -11.10% | ― | 14.51% | 77.27% | |
54 Neutral | £15.51M | -12.59 | -19.63% | ― | 25.56% | 35.12% | |
53 Neutral | £10.44M | -2.27 | -69.24% | ― | -24.85% | 40.28% | |
46 Neutral | £761.53K | -0.35 | ― | ― | ― | ― | |
41 Neutral | £24.10M | -2.65 | ― | ― | -27.64% | 35.09% |
* Basic Materials Sector Average
GB:DCTA
Directa Plus
10.00
3.75
60.00%
GB:HDD
Hardide
33.50
27.25
436.00%
GB:HAYD
Haydale Graphene
0.29
0.15
114.81%
GB:ITX
Itaconix
115.00
-9.00
-7.26%
GB:ZED
Zenova Group Plc
0.21
-0.02
-8.89%
Directa Plus Corporate Events
Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures
Directa Plus narrows losses, streamlines Setcar and targets graphene growth amid board changes
Positive
Jan 7, 2026
Directa Plus reported a modest rise in 2025 revenues to €7.0m and a roughly 30% year-on-year improvement in adjusted LBITDA to about €2.5m, driven by cost control and operational efficiencies, while advancing its technology to produce ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.