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Hardide plc (GB:HDD)
:HDD

Hardide (HDD) AI Stock Analysis

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GB

Hardide

(LSE:HDD)

Rating:58Neutral
Price Target:
8.00p
▼(-3.03%Downside)
The overall stock score is moderate, driven by positive corporate events signaling confidence and strategic growth initiatives. However, financial performance and valuation concerns due to ongoing losses and no dividend yield weigh down the score. Technical indicators suggest bullish momentum, but overbought conditions could pose near-term risks.

Hardide (HDD) vs. iShares MSCI United Kingdom ETF (EWC)

Hardide Business Overview & Revenue Model

Company DescriptionHardide plc manufactures and sells advanced tungsten carbide/tungsten metal matrix composite coatings in the United Kingdom, Europe, North America, and internationally. Its products are used in various industries, including energy, aerospace, flow control, power generation, and precision engineering. The company was founded in 2000 and is headquartered in Bicester, the United Kingdom.
How the Company Makes MoneyHardide makes money by providing its specialized coating services to a diverse range of industries. The company earns revenue through the application of its proprietary coatings on metal components supplied by its clients, typically under long-term contracts. Revenue streams are primarily driven by repeat business from sectors like aerospace and oil and gas, where performance and durability are critical. Additionally, Hardide collaborates with major industry players and engages in ongoing research and development to expand its technology applications, further enhancing its revenue potential.

Hardide Financial Statement Overview

Summary
Hardide faces challenges with declining revenues and persistent losses, as reflected in negative profit margins and weak cash flows. Moderate leverage is a positive aspect, but operational inefficiencies and poor cash management need immediate attention.
Income Statement
45
Neutral
The company's income statement shows declining revenue growth with a negative trend in profitability. The gross profit margin has decreased over the years. Net profit margins remain negative, indicating challenges in achieving profitability. EBIT and EBITDA margins also reflect operational inefficiencies and a need for improved cost management.
Balance Sheet
55
Neutral
The balance sheet reveals a moderate debt-to-equity ratio, which suggests manageable leverage but indicates potential debt-related risks. The equity ratio has been decreasing, reflecting a shrinking proportion of equity in total assets. Additionally, return on equity remains negative due to ongoing net losses.
Cash Flow
40
Negative
Cash flow analysis highlights negative free cash flow and a significant decline in operating cash flow, pointing to liquidity pressures. The free cash flow to net income ratio is unfavorable, indicating a need for better cash management. Despite occasional financing inflows, cash generation from operations is weak.
BreakdownSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income Statement
Total Revenue4.73M5.50M5.01M3.60M4.76M
Gross Profit2.28M2.61M1.88M1.31M2.32M
EBITDA-363.00K-165.00K-937.00K-1.69M-579.00K
Net Income-1.32M-1.12M-2.19M-2.80M-1.29M
Balance Sheet
Total Assets7.75M8.40M9.73M10.76M12.75M
Cash, Cash Equivalents and Short-Term Investments700.00K740.00K1.14M1.99M3.11M
Total Debt2.81M3.05M1.94M2.11M2.24M
Total Liabilities4.09M4.11M4.21M3.84M3.91M
Stockholders Equity3.66M4.29M5.53M6.91M8.84M
Cash Flow
Free Cash Flow-486.00K56.00K-1.31M-2.25M-4.59M
Operating Cash Flow-422.00K166.00K-1.01M-1.94M-504.00K
Investing Cash Flow-64.00K-110.00K-292.00K-299.00K-4.09M
Financing Cash Flow434.00K-98.00K322.00K943.00K2.48M

Hardide Technical Analysis

Technical Analysis Sentiment
Positive
Last Price8.25
Price Trends
50DMA
7.32
Positive
100DMA
6.78
Positive
200DMA
6.08
Positive
Market Momentum
MACD
0.24
Positive
RSI
69.50
Neutral
STOCH
73.60
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HDD, the sentiment is Positive. The current price of 8.25 is above the 20-day moving average (MA) of 8.16, above the 50-day MA of 7.32, and above the 200-day MA of 6.08, indicating a bullish trend. The MACD of 0.24 indicates Positive momentum. The RSI at 69.50 is Neutral, neither overbought nor oversold. The STOCH value of 73.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:HDD.

Hardide Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$9.97B9.61-0.15%2.99%2.10%-35.27%
GBHDD
58
Neutral
£6.50M-11.10%14.51%77.27%
£16.18M-82.21%
53
Neutral
£25.29M-92.35%-27.64%
GBIOF
£46.53M20.556.20%
GBITX
50
Neutral
£14.90M-17.98%-19.70%-15.81%
GBVRS
41
Neutral
£1.92M-198.56%-55.51%93.81%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:HDD
Hardide
8.25
0.50
6.45%
GB:DCTA
Directa Plus
15.50
-2.00
-11.43%
GB:HAYD
Haydale Graphene
0.62
0.32
106.67%
GB:IOF
Iofina plc
24.00
6.00
33.33%
GB:ITX
Itaconix
111.50
-36.00
-24.41%
GB:VRS
Versarien
0.02
-0.06
-75.00%

Hardide Corporate Events

Other
Hardide Director Increases Stake with Share Purchase
Positive
May 28, 2025

Hardide plc announced that Dr. Bryan Allcock, a Non-Executive Director, purchased 63,451 ordinary shares of the company at a price of 7.88 pence per share. This transaction increases Dr. Allcock’s stake to 0.1% of the company’s issued share capital. The purchase reflects confidence in the company’s market position and its advanced coating technology, which is crucial for industries requiring durable and efficient component solutions.

Other
Hardide Directors Increase Shareholdings, Signaling Confidence
Positive
May 27, 2025

Hardide plc announced that its CEO, Matt Hamblin, and Non-Executive Chair, Andrew Magson, have purchased additional ordinary shares in the company. This move signifies a strong vote of confidence in the company’s future prospects and may positively influence stakeholder perceptions, potentially impacting the company’s market position and investor relations.

Business Operations and StrategyFinancial Disclosures
Hardide PLC Reports Strong Financial Turnaround and Strategic Growth Initiatives
Positive
May 20, 2025

Hardide PLC reported a significant financial turnaround for the six months ending March 31, 2025, with a 32% increase in revenue and improved gross margins. The company became EBITDA profitable and cash generative, driven by strong demand in the aerospace sector and operational efficiencies. The completion of operational harmonization between its US and UK plants and the introduction of new service offerings are expected to enhance customer service and drive further growth. The company is also engaged in several innovative projects, including applications in carbon capture and green hydrogen production, positioning it well for future growth.

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.Date of analysis: May 29, 2025