FRP Advisory Group Plc (FRP) AI Stock Analysis

• Market Cap: £265.99M
• Dividend Yield: 3.8%
• Average Volume (3M): 1.46M
• Price to Earnings (P/E): 6.7
• Beta (1Y): 0.61
• Revenue Growth: 9.93%
• EPS Growth: -15.65%
• Country: UK
• Employees: 777
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.06
• Shares Outstanding: 259,119,140
• 10 Day Avg. Volume: 1,388,104
• 30 Day Avg. Volume: 1,455,814
• PEG Ratio: -5.51
• Price to Book (P/B): 3.49
• Price to Sales (P/S): 2.18
• P/FCF Ratio: 11.30
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.12
• Revenue Forecast (FY): £164.70M

• Rating: 78 Outperform
• Price Target: 121.00 p ▼(-11.03% Downside)
• Action: Reiterated Date: 12/07/25
• Date: Action: Reiterated 12/07/25

FRP Advisory Group Plc's overall stock score is driven by its solid financial performance and positive corporate events, including strategic acquisitions and expansions. The technical analysis supports a positive trend, although valuation is fair, balancing growth prospects with income potential. The absence of recent earnings call data does not impact the score significantly.

Positive Factors

Balance sheet strength

FRP's low leverage and strong ROE indicate durable financial flexibility. Prudent capital structure and high equity ratio support ability to absorb cyclical revenue swings, fund strategic hires or acquisitions, and meet statutory appointment liquidity needs without stressing creditors or operations.

Cash generation

Consistent free cash flow growth and strong operating cash conversion demonstrate sustainable fee-to-cash conversion in a services model. This underpins dividend capacity, reinvestment in senior fee-earners, and balance sheet resilience through downturns when insolvency mandates vary.

High margins and recurring demand

Robust gross and operating margins reflect a scalable professional services model with high-value advisory work. Stable revenue and strong profitability support long-term reinvestment in specialist teams, maintain competitive senior staff, and preserve earnings power across typical market cycles.

Negative Factors

EPS contraction

A significant decline in EPS signals pressure on per-share profitability that may stem from margin mix shifts, acquisition dilution or higher costs. Sustained EPS weakness can constrain retained earnings, limit capital allocation flexibility and pressure stakeholder returns over the medium term.

Margin pressure signs

Even modest declines in operating margins are notable for a services firm reliant on senior fee rates. Continued compression could reflect rising staff costs, integration expenses from acquisitions, or pricing pressure, reducing capital available for hires, technology or dividend sustainability.

Cyclical and geographic concentration risk

FRP's core revenue is tied to UK insolvency and restructuring volumes, exposing it to economic cycles and regulatory changes. Geographic and sector concentration can produce volatile fee pools and increases sensitivity to UK policy or market shifts, limiting diversified, stable revenue growth.

FRP Advisory Group Plc Business Overview & Revenue Model

Company Description

FRP Advisory Group plc, through its subsidiaries, provides business advisory services to companies, lenders, investors, individuals, and other stakeholders. The company's services include corporate finance advisory services comprising mergers and acquisitions (M&A), strategic advisory and valuations, capital raising, special situations M&A, partial exits, and financial due diligence; and debt advisory services, such as asset based lending, raising and refinancing debt, debt amendments and extensions, restructuring debt, and corporate and leveraged debt advisory. Its services also comprise forensic services, including forensic investigations, dispute, compliance and risk advisory, and forensic technology services; pensions advisory services comprising covenant advisory, corporate governance, pension scheme transaction advisory, and pension scheme restructuring advisory; and restructuring advisory services, such as corporate financial advisory, formal insolvency appointments, informal restructuring advisory, personal insolvency, and general advice to various stakeholders. The company was founded in 2010 and is based in London, the United Kingdom.

How the Company Makes Money

FRP makes money by charging professional fees for advisory engagements and statutory appointments. Its core revenue stream is restructuring and insolvency work, where FRP is appointed (often as administrator, liquidator or similar office-holder) to manage formal insolvency processes; fees are typically billed based on time-cost (hours worked by partners and staff at agreed rates) and/or as agreed by creditors/courts/committees depending on the procedure and regulatory requirements. In addition, FRP earns fees from advisory mandates outside formal insolvency, such as restructuring advisory (supporting turnaround plans, stakeholder negotiations, contingency planning and options reviews) and corporate finance activity (e.g., advising on business sales, fundraising, M&A or related transactions) where revenues may be time-based and/or success-contingent depending on mandate terms. Other income can include fees for valuations, investigative/forensic work, and ancillary services connected to appointments (for example, dealing with asset realisations or case administration), again generally charged as professional fees. Earnings are influenced by the volume and size of appointments and mandates, the level of economic distress and insolvency activity, the firm’s ability to win panel positions and referrals (e.g., from banks, law firms, accountants and other advisers), and the capacity utilisation and seniority mix of fee earners. Specific significant partnerships or named counterparties contributing to earnings: null.

FRP Advisory Group Plc Financial Statement Overview

Summary

FRP Advisory Group Plc demonstrates a solid financial performance with consistent revenue growth and strong profitability metrics. The company maintains a stable balance sheet with low leverage and effective cash flow management, ensuring liquidity and operational efficiency. Monitoring of debt levels and margin trends is advisable to maintain its strong financial standing.

Income Statement

FRP Advisory Group Plc has demonstrated consistent revenue growth over the years, with a notable increase of 3.47% in the latest period. The company maintains strong profitability metrics, with a gross profit margin of 50% and a net profit margin of 14.78%. Although EBIT and EBITDA margins have slightly decreased compared to the previous year, they remain robust at 21.29% and 23.39%, respectively. Overall, the income statement reflects a healthy financial performance with stable growth and profitability.

Balance Sheet

The balance sheet of FRP Advisory Group Plc shows a solid financial position with a low debt-to-equity ratio of 0.16, indicating prudent leverage management. The return on equity is strong at 23.73%, showcasing effective use of shareholder funds to generate profits. The equity ratio stands at 60.05%, reflecting a stable capital structure. While the company has managed its debt well, the slight increase in debt levels warrants monitoring.

Cash Flow

FRP Advisory Group Plc exhibits strong cash flow management, with a free cash flow growth rate of 8.12% in the latest period. The operating cash flow to net income ratio is healthy at 1.36, indicating efficient cash generation relative to earnings. The free cash flow to net income ratio is also robust at 0.96, highlighting the company's ability to convert earnings into cash. Overall, the cash flow statement reflects a strong liquidity position and effective cash management.

Breakdown	TTM	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020
Income Statement
Total Revenue	161.70M	152.20M	128.20M	104.00M	95.16M	78.99M
Gross Profit	85.40M	76.10M	58.60M	39.70M	36.36M	32.41M
EBITDA	36.10M	35.60M	33.50M	18.60M	17.74M	18.39M
Net Income	22.90M	22.50M	22.00M	12.70M	11.90M	13.61M
Balance Sheet
Total Assets	163.90M	157.90M	130.30M	108.90M	93.47M	83.84M
Cash, Cash Equivalents and Short-Term Investments	22.30M	40.70M	32.90M	27.70M	24.92M	24.38M
Total Debt	19.80M	15.10M	11.30M	11.30M	13.08M	11.64M
Total Liabilities	61.10M	63.10M	52.40M	45.80M	48.95M	51.85M
Stockholders Equity	102.80M	94.80M	77.90M	63.10M	44.52M	31.99M
Cash Flow
Free Cash Flow	25.50M	29.30M	24.70M	10.10M	16.46M	9.42M
Operating Cash Flow	27.30M	30.50M	25.60M	10.70M	17.86M	10.54M
Investing Cash Flow	-9.20M	-11.70M	-5.10M	-2.20M	-5.78M	-13.32M
Financing Cash Flow	-18.00M	-11.00M	-15.30M	-5.70M	-11.54M	5.86M

FRP Advisory Group Plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 136.00
• 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:FRP, the sentiment is Negative. The current price of 136 is above the 20-day moving average (MA) of 113.86, above the 50-day MA of 124.84, and above the 200-day MA of 130.54, indicating a bearish trend. The MACD of -5.48 indicates Negative momentum. The RSI at 33.53 is Neutral, neither overbought nor oversold. The STOCH value of 43.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:FRP.

FRP Advisory Group Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FRP	78 Outperform	£265.99M	6.69	23.18%	3.80%	9.93%	-15.65%
INVP	68 Neutral	£10.22B	3.32	12.75%	6.78%	-2.34%	2.55%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CAV	60 Neutral	£34.62M	13.98	3.68%	7.96%	-9.55%	―
PEEL	58 Neutral	£118.41M	3.75	4.98%	―	15.42%	―
WHI	48 Neutral	£8.73M	-0.20	―	―	―	―
CBG	46 Neutral	£514.90M	-2.93	-9.28%	―	-15.79%	-211.91%

FRP Advisory Group Plc Corporate Events

FRP Advisory Group Lifts Q3 Dividend as Advisory Business Grows

FRP Advisory Group plc, the UK business advisory firm, operates across restructuring, corporate finance, debt advisory, forensic services and wider financial advisory, serving corporates, lenders, investors and individuals. Its service mix positions the group to support clients through insolvency, M&A, debt refinancing, investigations and governance challenges.

The company has declared a third-quarter interim dividend of 1p per eligible ordinary share for FY 2026, an increase from 0.95p a year earlier. The payout, scheduled for June and aligned with its quarterly dividend policy, underscores FRP’s continued commitment to returning cash to shareholders and signals confidence in its current trading and cash generation.

The most recent analyst rating on (GB:FRP) stock is a Buy with a £146.00 price target. To see the full list of analyst forecasts on FRP Advisory Group Plc stock, see the GB:FRP Stock Forecast page.

FRP Advisory Group Appoints PKF Littlejohn as New Auditor After Competitive Tender

FRP Advisory Group plc has appointed PKF Littlejohn LLP as its new independent auditor for the financial year ending 30 April 2026, following a formal competitive tender process overseen by its Audit & Risk Committee. The move, which will see any reappointment for the 2027 financial year put to shareholders at the next annual general meeting, comes as outgoing auditor Forvis Mazars LLP confirmed there are no circumstances surrounding its departure that need to be brought to the attention of the company’s members or creditors, indicating a routine transition with no reported governance concerns.

The most recent analyst rating on (GB:FRP) stock is a Buy with a £163.00 price target. To see the full list of analyst forecasts on FRP Advisory Group Plc stock, see the GB:FRP Stock Forecast page.

FRP Advisory Chair Penny Judd Makes Administrative Share Transfer Without Changing Stake

FRP Advisory Group plc has disclosed that its Non-Executive Chair, Penny Judd, has transferred 39,995 ordinary shares to a new personal brokerage account, a move that does not alter her beneficial interest or overall holding in the company, which remains at 0.02% of the issued share capital. The administrative transfer, conducted outside a trading venue and at no price, suggests no change in board-level alignment with shareholders and has no direct impact on FRP’s capital structure or governance, but is reported in line with UK Market Abuse Regulation transparency requirements.

The most recent analyst rating on (GB:FRP) stock is a Buy with a £163.00 price target. To see the full list of analyst forecasts on FRP Advisory Group Plc stock, see the GB:FRP Stock Forecast page.