Haydale Graphene (HAYD) AI Stock Analysis

• Market Cap: £27.02M
• Dividend Yield: N/A
• Average Volume (3M): 35.86M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.19
• Revenue Growth: -27.64%
• EPS Growth: N/A
• Country: UK
• Employees: 63
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Chemicals - Specialty
• EPS (TTM): >-0.01
• Shares Outstanding: 4,322,956,000
• 10 Day Avg. Volume: 19,218,839
• 30 Day Avg. Volume: 35,859,480
• PEG Ratio: -0.15
• Price to Book (P/B): 3.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.87
• 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: £0.50
• Price Target Upside: -9.09% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: 0.50p ▼(-9.09%Downside)

The overall score is primarily impacted by poor financial performance, with ongoing profitability and cash flow issues. Despite positive corporate developments and some technical strength, valuation concerns and financial instability weigh heavily on the stock's attractiveness.

Haydale Graphene Business Overview & Revenue Model

Company Description

Haydale Graphene Industries plc, through its subsidiaries, engages in the design, development, and commercialization of advanced materials using graphene and other nanomaterials in United Kingdom, Europe, the United States, China, Thailand, South Korea, Japan, and internationally. It offers inks and coatings, resins, and fluids and masterbatches for use in composites and polymers; masterbatch and pre-preg composites, elastomers, and other nanomaterials; ceramycGuard, and advanced consulting services. The company also provides proprietary silicon carbide whisker powder and high wear resistant cutting tools for aerospace and automotive sectors. Haydale Graphene Industries plc was incorporated in 2010 and is headquartered in Ammanford, the United Kingdom.

How the Company Makes Money

Haydale Graphene makes money through the commercialization of its advanced materials technology. The company's key revenue streams include the sale of functionalized nanomaterials, licensing of its proprietary technologies, and development contracts with industrial partners. Haydale collaborates with clients across different sectors to integrate its advanced materials into their products, thereby enhancing performance and creating value. Significant partnerships with companies in aerospace, automotive, and other industries contribute to its earnings by expanding its market reach and application areas. Additionally, Haydale generates revenue through consultancy services and research collaborations focused on the development and application of advanced material technologies.

Haydale Graphene Financial Statement Overview

Summary

Haydale Graphene is struggling with profitability and cash flow, despite some revenue growth and a relatively stable balance sheet. The negative margins, persistent net losses, and reliance on external financing highlight potential risks. While the company has a sound equity structure, improving operational efficiency and cash flow generation remains critical for financial health.

Income Statement

Haydale Graphene shows a concerning trend in its income statement with persistent net losses and negative EBIT margins over multiple years. The gross profit margin for the latest year was approximately 58.3%, however, the net profit margin remains negative at -126.8%. Although revenue increased by 12.1% from the previous year, the continuous negative margins indicate ongoing financial struggles and profitability challenges.

Balance Sheet

The company maintains a moderate debt-to-equity ratio of 0.25, suggesting manageable leverage. The return on equity (ROE) is negative, reflecting ongoing net losses. However, the equity ratio is relatively strong at 50.2%, indicating a solid equity base compared to total assets. Overall, the balance sheet shows some stability but is undermined by profitability issues.

Cash Flow

Haydale Graphene's cash flow analysis reveals significant challenges with negative free cash flow and operating cash flow. The free cash flow to net income ratio is negative, indicating cash flow difficulties. Although operating cash flow improved slightly, the company continues to face liquidity issues, relying on financing activities to cover cash shortfalls.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	4.82M	4.30M	2.90M	2.90M	2.95M
Gross Profit	2.81M	2.39M	437.00K	707.00K	422.00K
EBITDA	-4.68M	-4.61M	-4.18M	-2.65M	-2.98M
Net Income	-6.11M	-6.17M	-4.81M	-3.41M	-4.02M
Balance Sheet
Total Assets	11.31M	12.89M	14.46M	13.78M	13.14M
Cash, Cash Equivalents and Short-Term Investments	1.72M	1.38M	1.19M	1.64M	823.00K
Total Debt	1.41M	3.81M	4.27M	4.46M	2.90M
Total Liabilities	5.63M	5.92M	7.42M	7.02M	5.69M
Stockholders Equity	5.67M	6.97M	7.05M	6.76M	7.45M
Cash Flow
Free Cash Flow	-3.48M	-4.29M	-4.20M	-1.77M	-2.87M
Operating Cash Flow	-2.96M	-3.66M	-2.86M	-1.29M	-2.57M
Investing Cash Flow	-519.00K	-624.00K	-1.34M	-480.00K	-295.00K
Financing Cash Flow	3.79M	4.50M	3.73M	2.63M	-1.05M

Haydale Graphene Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HAYD, the sentiment is Neutral. The current price of 0.55 is below the 20-day moving average (MA) of 0.67, above the 50-day MA of 0.40, and above the 200-day MA of 0.20, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 50.50 is Neutral, neither overbought nor oversold. The STOCH value of 13.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:HAYD.

Haydale Graphene Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HDD	58 Neutral	£6.31M	―	-11.10%	―	14.51%	77.27%
DCTA	55 Neutral	£13.57M	―	-82.21%	―	-38.36%	-4.92%
ITX	50 Neutral	£16.45M	―	-17.98%	―	-19.70%	-15.81%
HAYD	48 Neutral	£27.02M	―	-92.35%	―	-27.64%	―
Sector *	44 Neutral	C$961.63M	-6.69	-13.73%	2.46%	17.55%	-32.57%
IOF	―	£49.88M	23.09	6.20%	―	―	―
VRS	41 Neutral	£961.59K	―	-235.32%	―	-38.73%	96.64%

Haydale Graphene Corporate Events

Haydale Graphene Announces Change in Major Shareholder Voting Rights

Haydale Graphene Industries PLC has announced a change in the voting rights held by David Johns-Powell, who has increased his stake in the company to 4.52% from a previous 3.49%. This change in holdings reflects a significant acquisition of voting rights, indicating potential shifts in shareholder influence and company governance.

Haydale Graphene Announces Change in Voting Rights

Haydale Graphene Industries PLC has announced a change in the breakdown of its voting rights, with Octopus Investments Limited reducing its voting rights from 10.92% to 9.72%. This adjustment in voting rights could influence the company’s governance and decision-making processes, potentially impacting its strategic direction and stakeholder interests.

Haydale Graphene Secures £2.13 Million Through Strategic Share Subscription

Haydale Graphene Industries PLC has announced a conditional subscription for 474,010,883 new ordinary shares, raising approximately £2.13 million. The shares were subscribed by long-term strategic investors, including Quidos Technologies Limited and key company figures, at a discounted issue price. The proceeds will support the company’s growth and leverage existing tax clearances. This move reflects Haydale’s ongoing commercial traction and strategic positioning in the advanced materials sector.

Haydale Graphene Advances JustHeat Heating System with Strategic Partnerships

Haydale Graphene Industries PLC has announced significant commercial progress for its JustHeat product line, a low-power, graphene-based heating system. Following its launch in April 2025, JustHeat has achieved UL certification, allowing sales in the US and Canada, and has secured commitments for pilot installations in the UK. Strategic distribution agreements with Quidos Protect and Jersey Energy Technologies aim to expand market reach, while ongoing discussions with potential partners in various countries indicate growing interest. The company’s cost-reduction efforts and strategic partnerships position JustHeat for a scaled commercial rollout across multiple geographies.

Haydale Strengthens Leadership with New Board Appointment

Haydale Graphene Industries has appointed Jeremy Nesbitt as a Non-Executive Director, leveraging his extensive experience in the energy sector to advance the commercialization of its JustHeat product. This strategic appointment is expected to bolster Haydale’s leadership and support its growth strategy, particularly in delivering low-carbon, affordable heating solutions, thus potentially impacting stakeholders by enhancing the company’s market positioning in energy-efficient technologies.