LPA Group PLC (GB:LPA)
LSE:LPA
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LPA Group plc
(LSE:LPA)
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Rating:50Neutral
Price Target:
52.00 p
▲(42.47% Upside)
Action:ReiteratedDate:02/10/26
The score is held down primarily by weakening fundamentals—losses in 2024–2025 and a sharp swing to negative operating and free cash flow in 2025—despite a relatively strong, low-leverage balance sheet and solid revenue growth. Technicals are supportive with price above key moving averages and a positive MACD, but an extremely high RSI signals elevated pullback risk. Valuation remains constrained because the company is loss-making (negative P/E) and no dividend yield is provided.
Positive Factors
Consistent revenue growth
Consistent top-line growth (+15.8% in 2025 after +8.4% in 2024) reflects durable demand in rail, transport and aerospace. Long product lifecycles and repeat spares/aftermarket work support recurring revenues, smoothing project timing risk over months.
Negative Factors
Deteriorating profitability
Net income turned negative in 2024–2025 with negative operating profit and a slightly negative net margin. Sustained losses erode retained earnings, constrain reinvestment and shareholder returns, and require corrective action on operating costs to restore durable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent revenue growth
Consistent top-line growth (+15.8% in 2025 after +8.4% in 2024) reflects durable demand in rail, transport and aerospace. Long product lifecycles and repeat spares/aftermarket work support recurring revenues, smoothing project timing risk over months.
Read all positive factors
LPA Group plc (LPA) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£6.87M
Dividend YieldN/A
Average Volume (3M)7.36K
Price to Earnings (P/E)―
Beta (1Y)-0.09
Revenue Growth-10.88%
EPS Growth-122.05%
CountryUK
Employees140
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.01
Shares Outstanding13,513,229
10 Day Avg. Volume3,738
30 Day Avg. Volume7,356
Financial Highlights & Ratios
PEG Ratio-2.27
Price to Book (P/B)0.36
Price to Sales (P/S)0.27
P/FCF Ratio-5.48
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.05
Revenue Forecast (FY)£27.00M
LPA Group plc Business Overview & Revenue Model
Company Description
LPA Group Plc, together with its subsidiaries, engages in the design, manufacture, and market industrial electrical and electronic products for rail, aerospace and defense, aircraft ground power, infrastructure, marine, and industrial markets prim...
How the Company Makes Money
LPA Group plc makes money by selling engineered products and related services to customers in its target end markets, with revenues typically generated from (i) manufacture and sale of transport/rail products (such as lighting and other onboard/in...
LPA Group plc Financial Statement Overview
Summary
Income Statement
43
Neutral
Balance Sheet
72
Positive
Cash Flow
34
Negative
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 21.55M | 23.55M | 21.71M | 19.32M | 18.27M |
| Gross Profit | 4.76M | 5.48M | 4.91M | 4.40M | 3.71M |
| EBITDA | 900.00K | 685.00K | 1.79M | 1.96M | 567.00K |
| Net Income | -349.00K | -325.00K | 859.00K | 1.19M | -22.00K |
Balance Sheet | |||||
| Total Assets | 26.19M | 25.60M | 23.03M | 22.06M | 22.01M |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 715.00K | 1.20M | 2.20M | 1.36M |
| Total Debt | 3.44M | 2.83M | 2.41M | 2.72M | 2.99M |
| Total Liabilities | 10.20M | 9.37M | 7.31M | 7.30M | 7.89M |
| Stockholders Equity | 15.99M | 16.23M | 15.71M | 14.76M | 13.72M |
Cash Flow | |||||
| Free Cash Flow | -1.06M | 108.00K | 89.00K | -174.00K | 906.00K |
| Operating Cash Flow | -986.00K | 1.25M | 285.00K | 77.00K | 1.19M |
| Investing Cash Flow | -172.00K | -1.65M | -566.00K | 1.42M | -283.00K |
| Financing Cash Flow | -363.00K | -92.00K | -716.00K | -651.00K | -393.00K |
LPA Group plc Technical Analysis
Positive
36.50
Price Trends
54.17
Negative
47.35
Positive
48.28
Positive
Market Momentum
-0.53
Negative
47.52
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:LPA, the sentiment is Positive. The current price of 36.5 is below the 20-day moving average (MA) of 51.65, below the 50-day MA of 54.17, and below the 200-day MA of 48.28, indicating a neutral trend. The MACD of -0.53 indicates Negative momentum. The RSI at 47.52 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:LPA.
LPA Group plc Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £297.46M | 9.77 | 20.71% | 3.92% | 18.90% | -20.79% | |
75 Outperform | £944.00M | 7.96 | 14.90% | 1.11% | 8.20% | 25.85% | |
64 Neutral | £275.35M | 8.85 | 13.58% | 2.58% | -0.33% | 4.58% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | £118.99M | 21.25 | -31.80% | ― | -5.73% | ― | |
56 Neutral | £379.84M | -21.41 | -6.50% | ― | -18.43% | 24.86% | |
50 Neutral | £6.87M | -9.55 | -2.20% | ― | -10.88% | -122.05% |
* Industrials Sector Average
GB:LPA
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52.00
-0.50
-0.95%
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GB:VLX
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GB:XPP
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LPA Group plc Corporate Events
Business Operations and StrategyExecutive/Board Changes
LPA Group grants performance-linked share options to top executives
Positive
Apr 2, 2026
LPA Group plc has granted share options under its 2023 Performance Share Plan to chief executive Philo Daniel-Tran and chief financial officer Stuart Stanyard, covering a total of 322,500 ordinary shares at an exercise price of 52p. The options, w...
Business Operations and StrategyShareholder Meetings
LPA Group Wins Full Shareholder Backing as All AGM Resolutions Pass
Positive
Mar 26, 2026
LPA Group plc is an innovation-led UK engineering specialist providing electronic and electro-mechanical components and systems to the rail, aviation, defence, infrastructure and wider industrial sectors. Its four-site footprint across England sup...
Business Operations and StrategyFinancial DisclosuresShareholder Meetings
LPA Group Signals Stronger Year Ahead as Rail and Defence Opportunities Build
Positive
Mar 26, 2026
LPA Group plc, an AIM-quoted UK engineering firm, develops electronic and electro-mechanical systems for transport, defence, infrastructure and industrial sectors, with particular strength in rail power supplies, LED lighting and electro-mechanica...
Business Operations and StrategyExecutive/Board Changes
LPA Group Awards Long-Term Share Options to Senior Leadership
Positive
Mar 10, 2026
LPA Group plc has granted share options over 300,000 ordinary shares under its 2023 Performance Share Plan to four senior executives, including the CEO and CFO, at an exercise price of 56p. The awards are scheduled to become exercisable from March...
Other
LPA Group CEO Increases Stake with On-Market Share Purchase
Positive
Feb 9, 2026
LPA Group plc reported that Chief Executive Officer Philo Daniel-Tran acquired 46,029 ordinary shares in the company at 55 pence per share on 5 February 2026 via an on-market purchase. Following this transaction, Daniel-Tran’s total benefici...
Business Operations and StrategyFinancial Disclosures
LPA Group Plans Investor Webinar Ahead of Full-Year Results
Neutral
Feb 4, 2026
The company scheduled CEO Philo Daniel-Tran and CFO Stuart Stanyard to host a live investor webinar on 18 February 2026 via Investor Meet Company, giving shareholders a chance to engage on full-year results and submit questions in advance or durin...
Business Operations and StrategyFinancial DisclosuresM&A TransactionsPrivate Placements and Financing
LPA Group Restructures, Diversifies and Refinances as Order Book Grows Despite Annual Loss
Neutral
Jan 30, 2026
LPA Group reported a challenging year to 30 September 2025 with revenue declining to £21.5m and a slightly higher pre-tax loss of £0.6m, alongside a rise in gearing to 21.5%. Despite the weak headline numbers and negative adjusted EBITDA...
Business Operations and StrategyPrivate Placements and Financing
LPA Group Secures £8.75m Refinancing to Support Growth Plans
Positive
Jan 19, 2026
LPA Group plc has refinanced its banking arrangements with a new up to £8.75 million revolving credit facility from Arbuthnot Commercial Asset Based Lending, secured on property and receivables and running for a minimum of three years. The ne...
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.