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FDM Group (Holdings)
(LSE:FDM)
Select Model
Select Model
Rating:59Neutral
Price Target:
115.00 p
▼(-2.71% Downside)
Action:Reiterated
Date:08/06/26
The score is primarily constrained by deteriorating financial performance (two-year revenue contraction and sharply lower margins/returns), partially offset by a strong dividend yield. Technical indicators are mixed-to-weak, with below-neutral RSI and price below the 200-day average limiting the overall rating.
Positive Factors
Talent pipeline and client relationships
FDM’s model of recruiting, pre-assignment training and placing consultants creates a repeatable supply chain and sticky client relationships. That training-driven pipeline lowers sourcing costs, supports multi-year placements and provides durable revenue visibility versus ad-hoc staffing.
Negative Factors
Revenue decline and margin compression
A material revenue contraction paired with sharply lower net margins signals weakened demand and impaired operating leverage. Sustained lower utilization or pricing pressure could erode profitability, limit reinvestment in training, and reduce resilience over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Talent pipeline and client relationships
FDM’s model of recruiting, pre-assignment training and placing consultants creates a repeatable supply chain and sticky client relationships. That training-driven pipeline lowers sourcing costs, supports multi-year placements and provides durable revenue visibility versus ad-hoc staffing.
Read all positive factors
FDM Group (Holdings) (FDM) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£122.03M
Dividend Yield8.99%
Average Volume (3M)518.04K
Price to Earnings (P/E)48.8
Beta (1Y)0.73
Revenue Growth-25.95%
EPS Growth-83.91%
CountryUK
Employees2,865
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)0.02
Shares Outstanding109,770,650
10 Day Avg. Volume500,339
30 Day Avg. Volume518,037
Financial Highlights & Ratios
PEG Ratio-0.36
Price to Book (P/B)2.81
Price to Sales (P/S)0.83
P/FCF Ratio7.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£162.50Price Target Upside37.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.09
Revenue Forecast (FY)£163.72M
FDM Group (Holdings) Business Overview & Revenue Model
Company Description
FDM Group (Holdings) plc, an IT services provider established in 1991 and based in London, UK, operates globally across the United Kingdom, North America, Europe, the Middle East, Africa, and the Asia Pacific region. The company's core model invol...
How the Company Makes Money
FDM makes money primarily by placing its employed consultants on client engagements and charging clients fees for the consultants’ time (typically on a time-and-materials/daily-rate basis, and in some cases via longer-term managed or statement-of-...
FDM Group (Holdings) Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
64
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 159.06M | 177.73M | 257.70M | 333.98M | 329.97M | 267.36M |
| Gross Profit | 68.39M | 77.48M | 114.95M | 156.53M | 155.62M | 126.72M |
| EBITDA | 14.27M | 18.29M | 34.72M | 62.16M | 52.69M | 48.23M |
| Net Income | 2.50M | 5.67M | 20.51M | 40.77M | 34.91M | 31.83M |
Balance Sheet | ||||||
| Total Assets | 91.09M | 89.71M | 111.45M | 124.18M | 130.23M | 126.74M |
| Cash, Cash Equivalents and Short-Term Investments | 31.12M | 35.28M | 40.59M | 47.23M | 45.52M | 53.12M |
| Total Debt | 19.08M | 19.91M | 21.71M | 20.18M | 12.89M | 15.23M |
| Total Liabilities | 40.18M | 37.56M | 44.11M | 47.51M | 47.03M | 48.61M |
| Stockholders Equity | 50.91M | 52.15M | 67.34M | 76.67M | 83.20M | 78.13M |
Cash Flow | ||||||
| Free Cash Flow | 13.19M | 20.55M | 28.90M | 49.50M | 35.21M | 41.23M |
| Operating Cash Flow | 13.42M | 20.73M | 29.24M | 50.15M | 36.42M | 41.60M |
| Investing Cash Flow | -226.00K | -188.00K | -335.00K | -651.00K | -1.20M | -368.00K |
| Financing Cash Flow | -16.38M | -25.12M | -36.34M | -46.95M | -43.72M | -52.26M |
FDM Group (Holdings) Technical Analysis
Negative
118.20
Price Trends
109.85
Positive
106.85
Positive
119.95
Negative
Market Momentum
1.14
Positive
46.17
Neutral
4.94
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:FDM, the sentiment is Negative. The current price of 118.2 is above the 20-day moving average (MA) of 117.37, above the 50-day MA of 109.85, and below the 200-day MA of 119.95, indicating a neutral trend. The MACD of 1.14 indicates Positive momentum. The RSI at 46.17 is Neutral, neither overbought nor oversold. The STOCH value of 4.94 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:FDM.
FDM Group (Holdings) Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £3.91B | 28.08 | 45.16% | 2.45% | 68.13% | 12.44% | |
70 Outperform | £5.06B | 39.90 | 14.84% | 1.56% | 32.01% | -7.80% | |
69 Neutral | £52.62M | 28.43 | 12.27% | ― | 27.43% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | £122.03M | 48.77 | 4.84% | 8.46% | -25.95% | -83.91% | |
58 Neutral | £64.18M | -102.21 | -1.49% | ― | 0.98% | 93.91% | |
45 Neutral | £101.50M | 3.20 | 4.57% | ― | -31.46% | 297.44% |
* Technology Sector Average
GB:FDM
FDM Group (Holdings)
111.20
-4.11
-3.57%
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-9.03%
FDM Group (Holdings) Corporate Events
Business Operations and StrategyDividendsFinancial Disclosures
FDM Group Cuts Dividend as Profits Slide but Consultant Deployment Begins to Recover
Negative
Aug 3, 2026
FDM Group reported interim results showing a sharp downturn in financial performance despite early signs of a market pickup. Revenue for the first half of 2026 fell 19% to £78.6 million, with profit before tax halving to £4.1 million and...
Business Operations and StrategyFinancial Disclosures
FDM Group sets date to release half-year interim results
Neutral
Jul 2, 2026
FDM Group (Holdings) plc has announced that it will publish its interim results for the half-year ended 30 June 2026 on Monday, 3 August 2026. The upcoming figures will offer stakeholders insight into the company’s recent trading performance...
Regulatory Filings and Compliance
FDM Group Confirms Total Voting Rights and Share Capital Structure
Neutral
Jul 1, 2026
FDM Group (Holdings) plc reported that as of 30 June 2026 its issued share capital consists of 109,770,652 ordinary shares of £0.01 each, with one vote per share and no shares held in treasury. This disclosure clarifies the total voting right...
Regulatory Filings and Compliance
FDM Group CFO Transfers Shares to Closely Associated Party
Neutral
Jun 25, 2026
FDM Group (Holdings) plc has disclosed an internal share transfer involving its Chief Financial Officer, Michael McLaren, who transferred 21,433 ordinary shares to Paula McLaren, a person closely associated with him, for no consideration. The off-...
Business Operations and StrategyRegulatory Filings and Compliance
FDM Group Closes Employee Share Plan and Transfers CFO’s Plan Shares
Neutral
Jun 22, 2026
FDM Group (Holdings) plc has closed its Buy As You Earn all-employee share plan, requiring participants to withdraw or sell their ordinary shares previously held in a nominee arrangement. As part of this process, 7,963 ordinary shares were transfe...
Business Operations and StrategyRegulatory Filings and Compliance
FDM Group Closes Employee Share Plan and Reclassifies PDMR Shareholding
Neutral
Jun 19, 2026
FDM Group (Holdings) plc has closed its Buy As You Earn all-employee share plan, requiring participants to either withdraw or sell ordinary shares previously held on their behalf by the plan provider. As part of this process, 15,255 ordinary share...
Business Operations and StrategyRegulatory Filings and Compliance
FDM Group Closes Employee Share Plan and Transfers Director Holdings
Neutral
Jun 19, 2026
FDM Group (Holdings) plc has closed its Buy As You Earn all-employee share plan, requiring participants to either withdraw or sell ordinary shares previously held in a nominee arrangement on their behalf. As part of this process, Chief Executive O...
Business Operations and StrategyExecutive/Board Changes
FDM Group Sets Earnings-Based Targets for Executive Performance Share Awards
Positive
Jun 8, 2026
FDM Group has detailed the performance conditions attached to awards granted in April 2026 under its 2014 Performance Share Plan for executive directors, which are based on earnings per share over a three-year period starting with the 2026 financi...
Business Operations and StrategyPrivate Placements and Financing
FDM Group Issues New Shares to Satisfy Incentive Awards
Neutral
Jun 3, 2026
FDM Group (Holdings) plc has admitted 35,000 new ordinary shares of £0.01 each to trading on the London Stock Exchange’s Main Market, bringing the total number of ordinary shares in issue to 109,770,652 with none held in treasury. The n...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
FDM Directors Receive Deferred Bonus Shares as Group Boosts EBT with New Issue
Neutral
Jun 2, 2026
FDM Group (Holdings) plc has disclosed that four executive directors, including CEO Roderick Flavell and COO Sheila Flavell, have acquired ordinary shares at £1.18 each, representing the post-tax portion of their 2025 bonuses under the shareh...
Regulatory Filings and Compliance
FDM Group Updates Total Voting Rights and Share Capital Structure
Neutral
Jun 1, 2026
FDM Group has confirmed that as of 29 May 2026 its issued share capital consists of 109,735,652 ordinary shares of £0.01 each, with no shares held in treasury and one voting right attached to each share. This updated share count serves as the...
Business Operations and StrategyStock BuybackDividendsShareholder Meetings
FDM Group Wins Strong Shareholder Backing at 2026 AGM
Positive
May 21, 2026
FDM Group (Holdings) plc reported that all resolutions at its 2026 Annual General Meeting were approved by shareholders via poll vote, including acceptance of the 2025 annual report and accounts and a final dividend of 4.0 pence per share. Investo...
Business Operations and StrategyFinancial DisclosuresShareholder Meetings
FDM Group Signals Stable Trading and AI Momentum Amid Cautious Outlook
Positive
May 21, 2026
FDM Group reported at its Annual General Meeting that trading in the first four months of 2026 has been in line with the board’s expectations, with a modest uptick seen in some markets and 1,961 consultants currently assigned to clients, dow...
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.