Logistics Development Group (LDG) AI Stock Analysis

• Market Cap: £60.70M
• Dividend Yield: N/A
• Average Volume (3M): 232.06K
• Price to Earnings (P/E): 1.2
• Beta (1Y): 0.36
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 4
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): 0.03
• Shares Outstanding: 413,824,070
• 10 Day Avg. Volume: 265,878
• 30 Day Avg. Volume: 232,061
• PEG Ratio: -0.01
• Price to Book (P/B): 0.59
• Price to Sales (P/S): 53.52
• P/FCF Ratio: -87.24K
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: 14.00 p ▲(0.00% Upside)
• Action: N/A Date: 01/04/26
• Date: Action: N/A 01/04/26

The score is held back primarily by weak and inconsistent operating results and persistently negative cash flow, even when reported earnings are positive. Technicals also indicate a downtrend with soft momentum. A very low P/E provides some offset, and the debt-free balance sheet reduces financial risk.

Logistics Development Group Business Overview & Revenue Model

Company Description

Logistics Development Group plc does not have significant operations. The company intends to invest in the logistics sector. Previously, it was involved in the provision of logistics solutions. The company was formerly known as Eddie Stobart Logistics plc and changed its name to Logistics Development Group plc in February 2021. Logistics Development Group plc is based in London, the United Kingdom.

Logistics Development Group Financial Statement Overview

Summary

Despite a strong, debt-free balance sheet, operating performance and cash generation are weak. Revenue declined (-17.3%) with negative EBIT in 2024, profitability has been highly volatile and appears driven by non-operating items, and operating/free cash flow have been negative for multiple years.

Income Statement

Results are volatile and hard to underwrite from operations. In the latest annual period (2024), revenue declined (-17.3%) and operating profit was negative (EBIT of -0.9m), yet net income swung to a large profit (17.4m) and margins appear unusually high relative to the small revenue base—suggesting earnings are being driven by non-operating items rather than core logistics activity. Prior year (2023) showed a sizable net loss (-10.1m) despite modest revenue growth, reinforcing the inconsistency.

Balance Sheet

Balance sheet is conservatively positioned with no reported debt across the periods provided and a large equity base (2024 equity ~116.3m vs. assets ~117.4m). This provides substantial financial flexibility and reduces refinancing risk. The main weakness is that returns on equity have been highly inconsistent (strongly positive in some years, negative in others), indicating earnings quality and stability remain a concern despite the clean capital structure.

Cash Flow

Cash generation is weak and inconsistent. Operating cash flow and free cash flow were negative in 2024 (both -784) and also negative in 2023 and 2022, despite positive net income in 2024 and 2022—pointing to limited cash conversion and/or working-capital swings. While 2020 showed positive operating cash flow (0.4m), the more recent pattern is persistent cash outflow and sharp free-cash-flow declines (2024 free cash flow growth -100.3%).

Breakdown	TTM	Dec 2024	Nov 2023	Nov 2022	Nov 2021	Nov 2020
Income Statement
Total Revenue	373.00K	1.28M	1.14M	173.00K	0.00	0.00
Gross Profit	0.00	0.00	1.14M	0.00	0.00	0.00
EBITDA	15.32M	18.23M	0.00	1.15M	84.56M	20.93M
Net Income	15.30M	17.37M	-10.12M	1.15M	84.66M	-7.90M
Balance Sheet
Total Assets	111.78M	117.38M	98.90M	113.75M	134.23M	36.53M
Cash, Cash Equivalents and Short-Term Investments	8.13M	29.61M	42.64M	79.06M	131.90M	652.00K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.18M	1.08M	386.00K	1.06M	290.00K	3.42M
Stockholders Equity	110.60M	116.30M	98.51M	112.70M	133.94M	33.11M
Cash Flow
Free Cash Flow	-481.00K	-784.00	-1.32M	-795.00K	-2.75M	398.00K
Operating Cash Flow	-481.00K	-784.00	-1.32M	-795.00K	-2.75M	398.00K
Investing Cash Flow	-2.00K	-12.53M	-32.35M	-29.65M	119.30M	0.00
Financing Cash Flow	-21.00M	-1.03M	-2.75M	-22.39M	14.70M	-108.00K

Logistics Development Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RNWH	73 Outperform	£709.31M	13.13	21.11%	2.16%	7.13%	17.31%
HSP	71 Outperform	£249.25M	4.85	11.00%	4.85%	25.24%	19.81%
BMS	64 Neutral	£75.11M	85.60	4.94%	2.25%	-15.64%	-22.46%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SDY	56 Neutral	£102.17M	-2.27	-7.68%	8.43%	0.38%	-273.53%
LDG	49 Neutral	£60.70M	1.20	28.14%	―	―	―
MPL	40 Underperform	£1.60M	-0.05	-52.46%	―	11.78%	-39.58%

Logistics Development Group Corporate Events

LDG Portfolio Firm WS Holdco Buys EV Cargo Solutions Arm to Build £300m Logistics Group

Logistics Development Group said its portfolio company WS Holdco has acquired EV Cargo Solutions and Distribution, the UK managed transportation and contract logistics arm of EV Cargo, leaving LDG with a 50.7% interest in WS Holdco. The deal significantly expands WS Holdco’s scale and capabilities in road logistics, warehousing and fulfilment, creating a group expected to generate annual revenues of well over £300 million and strengthening its position as a leading integrated logistics provider.

The acquisition brings a roster of long-standing blue-chip customer contracts across multiple sectors and will be integrated with existing operations such as The Alternative Parcels Company, William Stobart & Son, WS Digital Freight and WS People Providers. By combining operational expertise, digital capabilities and an enlarged customer base, the group aims to unlock cross-selling opportunities, drive efficiencies and accelerate organic growth, enhancing LDG’s exposure to a scaled, technology-led logistics platform in key UK markets.

The most recent analyst rating on (GB:LDG) stock is a Hold with a £15.00 price target. To see the full list of analyst forecasts on Logistics Development Group stock, see the GB:LDG Stock Forecast page.

Logistics Development Group Holds NAV Steady as It Recycles Capital into Growing Logistics Platform

Logistics Development Group reported an unaudited net asset value of 26.7 pence per share as of 31 December 2025, unchanged from the previous quarter, with portfolio valuations prepared under IPEV guidelines. The group’s investments span specialty bakery, digital IT services, consumer healthcare and logistics, and the portfolio is now fully invested with a strategic focus on operational value creation.

Finsbury Food Group delivered stronger revenue and profitability helped by automation and the acquisition of Lola’s Cupcakes, and subsequently completed a refinancing that returned £11.4m to LDG’s subsidiary, largely de-risking LDG’s original capital while maintaining its equity stake. SQLI outperformed peers with year-on-year revenue growth and record second-half profitability, supported by operational improvements and a new 2026 operating model that will further use AI to boost developer productivity.

Alliance Pharma finished 2025 in line with forecasts with £144m of revenue, divested a portfolio of small prescription brands at attractive multiples to reduce debt and refocus, and advanced an optimised China go-to-market model via a new e-commerce-focused distributor for Kelo-Cote. WS Holdco advanced its plan to build an integrated UK logistics platform, completing the acquisition of WS group companies, expanding staffing operations and improving APC’s performance, while LDG decided in January 2026 to recycle £10m of capital returned from Finsbury into WS Holdco, raising its stake from 42.6% to 51.3%.

The investment manager highlighted that the portfolio showed solid growth and strong profitability in 2025 despite macro volatility, with AI acting as a cost-reduction tailwind rather than a disruptive force in the chosen sectors. LDG’s strategy has now shifted from deploying capital to driving value through improved go-to-market capabilities, cost discipline and management strengthening, underlining a disciplined, cash-generation-focused investment approach that aims to enhance returns for shareholders.

The most recent analyst rating on (GB:LDG) stock is a Hold with a £15.00 price target. To see the full list of analyst forecasts on Logistics Development Group stock, see the GB:LDG Stock Forecast page.

Logistics Development Group Recycles Capital Into Logistics Platform as Portfolio Businesses Reshape

Logistics Development Group has recouped £11.4m from its investment in UK specialty bakery Finsbury Food Group following a refinancing, significantly de-risking its original £14.2m outlay while maintaining an unchanged 25.3% economic stake in the business, which continues to trade strongly, including the outperformance of newly acquired Lola’s Cupcakes. The company is redeploying £10m of that capital into WS Holdco, increasing its interest in the DBAY-backed logistics platform to 51.3% and deepening its exposure to a rapidly expanding UK parcels, transport, digital freight and logistics services network, in a move classified as a related-party transaction but deemed fair and reasonable by independent directors. Separately, portfolio company Alliance Pharma has completed the sale of its prescription products portfolio, using proceeds to cut forecast net debt from £275m to about £175m by March 2026 and repositioning itself as a pure-play consumer healthcare business focused on damaged skin and healthy aging brands, which LDG says is well placed for its next growth phase.

The most recent analyst rating on (GB:LDG) stock is a Hold with a £15.00 price target. To see the full list of analyst forecasts on Logistics Development Group stock, see the GB:LDG Stock Forecast page.