FRP Advisory Group Plc (FRP) AI Stock Analysis

• Market Cap: £321.70M
• Dividend Yield: 3.95%
• Average Volume (3M): 729.07K
• Price to Earnings (P/E): 11.8
• Beta (1Y): 0.09
• Revenue Growth: 29.83%
• EPS Growth: 60.50%
• Country: UK
• Employees: 777
• Sector: Financial
• Sector Strength: 79
• Industry: Financial - Capital Markets
• EPS (TTM): 0.11
• Shares Outstanding: 257,833,440
• 10 Day Avg. Volume: 606,849
• 30 Day Avg. Volume: 729,070
• PEG Ratio: 0.40
• Price to Book (P/B): 4.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.00
• 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: £207.50
• Price Target Upside: 59.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 77 Outperform
• Price Target: 149.00p ▲(14.62%Upside)

FRP Advisory Group Plc scores 77 due to its strong financial performance and positive corporate events, such as strategic acquisitions. The valuation is fair, providing a reasonable return to investors. However, technical indicators suggest some caution is necessary. The company's robust financial health and strategic moves position it well for future growth.

Positive Factors

Acquisition

FRP has acquired One Advisory Group, enhancing its transactional service offerings and governance advisory capabilities.

Financial Performance

FRP's recent trading update indicates its FY25 adjusted EBITDA is expected to surpass market expectations, showcasing strong performance across its service pillars.

Valuation

The current valuation of FRP is considered attractive with a one-year forward P/E of approximately 12x, making it an appealing investment.

Negative Factors

Market Share

UK administration volumes fell 11% YoY, with FRP's market share falling to 12%.

FRP Advisory Group Plc Business Overview & Revenue Model

Company Description

FRP Advisory Group Plc (FRP) is a UK-based professional services firm specializing in providing advisory services to businesses and individuals. The company operates in key sectors such as insolvency, restructuring, corporate finance, debt advisory, and forensic accounting. FRP is known for its expertise in handling complex financial situations and offering strategic advice to optimize business performance and resolve financial challenges.

How the Company Makes Money

FRP Advisory Group Plc generates revenue primarily through its advisory services across various sectors. The firm's key revenue streams include fees charged for insolvency and restructuring services, where they assist companies in financial distress with turnaround strategies and managing insolvency processes. Additionally, FRP earns from corporate finance services, helping businesses with mergers, acquisitions, and capital raising. Debt advisory and forensic accounting services also contribute to their earnings, providing solutions for debt restructuring and offering investigative accounting services. The company's ability to form significant partnerships with financial institutions and law firms enhances its market presence and client base, further contributing to its financial success.

FRP Advisory Group Plc Financial Statement Overview

Summary

FRP Advisory Group Plc exhibits strong financial performance with impressive revenue growth, high profitability margins, a robust balance sheet with low leverage, and strong free cash flow growth. The company is well-positioned for continued stability and growth in the capital markets industry.

Income Statement

FRP Advisory Group Plc has shown impressive revenue growth, with a 23.27% increase in the most recent year. The gross profit margin stands at 45.71%, indicating strong profitability. The net profit margin of 17.16% and EBIT margin of 23.79% further highlight effective cost management and profitability. Overall, the company demonstrates robust growth and profitability.

Balance Sheet

The company's balance sheet reflects a healthy equity position with a debt-to-equity ratio of 0.15, suggesting low leverage and financial stability. The equity ratio of 59.77% indicates a strong equity base relative to total assets. Return on equity is strong at 28.24%, showcasing effective use of shareholder funds. Overall, the balance sheet is solid, with low risk due to minimal debt.

Cash Flow

FRP Advisory Group Plc has demonstrated significant free cash flow growth of 144.55% over the past year. The operating cash flow to net income ratio of 1.16 indicates a good conversion of income into cash. The free cash flow to net income ratio of 1.12 shows effective cash management. Overall, the cash flow position is strong, supporting ongoing operations and potential investments.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
128.20M	104.00M	95.16M	78.99M	63.19M
	Gross Profit
58.60M	39.70M	36.36M	32.41M	20.50M
	EBIT
30.50M	16.10M	15.61M	16.84M	4.87M
	EBITDA
33.30M	18.60M	17.74M	18.39M	6.23M
	Net Income Common Stockholders
22.00M	12.70M	11.90M	13.61M	2.08M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
32.90M	27.70M	24.92M	24.38M	21.31M
	Total Assets
130.30M	108.90M	93.47M	83.84M	61.63M
	Total Debt
11.30M	11.30M	13.08M	11.64M	4.20M
	Net Debt
-21.60M	-16.40M	-11.85M	-12.74M	-17.11M
	Total Liabilities
52.40M	45.80M	48.95M	51.85M	41.12M
	Stockholders Equity
77.90M	63.10M	44.52M	31.99M	20.50M
Cash Flow		Free Cash Flow
24.70M	10.10M	16.46M	9.42M	1.75M
	Operating Cash Flow
25.60M	10.70M	17.86M	10.54M	2.46M
	Investing Cash Flow
-5.10M	-2.20M	-5.78M	-13.32M	-707.00K
	Financing Cash Flow
-15.30M	-5.70M	-11.54M	5.86M	14.61M

FRP Advisory Group Plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 130.00
• 50DMA: Positive
• 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 Positive. The current price of 130 is above the 20-day moving average (MA) of 127.21, above the 50-day MA of 128.74, and below the 200-day MA of 137.06, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 53.27 is Neutral, neither overbought nor oversold. The STOCH value of 58.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	77 Outperform	£321.70M	11.80	34.33%	3.95%	29.83%	60.50%
Sector *	64 Neutral	$12.83B	9.78	7.78%	16985.64%	12.26%	-7.81%
CBG	63 Neutral	$535.64M	4.53	-6.71%	―	3.73%	-172.06%
CAV	61 Neutral	£41.01M	―	-5.73%	5.00%	108.96%	67.62%
TAVI	54 Neutral	£18.74M	―	-6.24%	2.02%	3.68%	-800.00%
PEEL	49 Neutral	£100.33M	―	-1.75%	―	15.48%	23.67%
WHI	42 Neutral	£5.36M	―		―	―	―

FRP Advisory Group Plc Corporate Events

FRP Advisory Group Announces Total Voting Rights

FRP Advisory Group plc announced that it has 257,833,422 ordinary shares in issue, each carrying one vote, with no shares held in treasury. This information is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:FRP) stock is a Buy with a £220.00 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 Expands with Acquisition of One Advisory

FRP Advisory Group Plc has announced the acquisition of One Advisory Group for a total consideration of approximately £8.1 million, comprising cash and new ordinary shares. This acquisition aligns with FRP’s strategy to enhance its service offerings and expand its market presence. One Advisory, based in London, specializes in financial reporting, transaction advisory, and governance services, primarily serving clients listed on the London Stock Exchange. The acquisition is expected to contribute an annual revenue of approximately £4.9 million to FRP, strengthening its position in the financial advisory sector and providing a platform for further growth.

FRP Advisory Group Reports Strong FY 2025 Performance Amid Economic Volatility

FRP Advisory Group plc reported strong trading performance for the fiscal year ending April 2025, with revenues expected to rise by 19% to approximately £152 million and adjusted EBITDA up 11% to about £41 million. Despite macroeconomic volatility affecting business confidence and delaying some corporate finance projects, the company maintained a robust balance sheet and completed five acquisitions. The firm is poised for further growth, supported by a positive market outlook and its ability to assist clients through economic changes, particularly in sectors facing financial difficulties due to recent UK economic policies.

FRP Advisory Group Updates on Director’s Role in Burrington Estates Liquidation

FRP Advisory Group PLC announced an update regarding director disclosures under AIM Rules, highlighting the involvement of David Chubb in the administration and liquidation processes of several companies within the Burrington Estates Group. This development may impact FRP’s operations and its positioning in the business advisory industry, as it reflects the firm’s active role in managing complex insolvency and restructuring cases, potentially affecting stakeholders involved with the Burrington Estates Group.

FRP Advisory Group Director Increases Shareholding

FRP Advisory Group plc announced that David Chubb, a Non-Executive Director, has purchased 22,871 ordinary shares in the company, increasing his total holdings to 56,621 shares. This transaction reflects a minor increase in shareholding, representing approximately 0.02% of the company’s issued share capital, and is part of routine director dealings, with no immediate impact on the company’s operations or market position.