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James Latham
(LSE:LTHM)
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Rating:61Neutral
Price Target:
1,134.00 p
▲(15.13% Upside)
Action:Downgraded
Date:10/23/25
James Latham's overall stock score is primarily influenced by its strong balance sheet and reasonable valuation. However, bearish technical indicators and challenges in profitability and cash flow generation weigh down the score. The absence of earnings call data and corporate events means these factors do not contribute to the score.
Positive Factors
Strong balance sheet / low leverage
The very low debt-to-equity ratio (0.054) and healthy equity base indicate a conservative capital structure that reduces refinancing and interest-rate risk. This balance-sheet strength supports supplier credit, selective capex for depots and cushions the business through cyclical demand swings over the next several months.
Negative Factors
Declining gross margins
A multi-year decline in gross margin from 23.35% to 16.76% materially reduces the safety buffer to absorb input cost increases or pricing pressure. Persistent margin erosion weakens long-term profitability, limits reinvestment capacity and raises the risk that the business must seek structural changes to restore margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet / low leverage
The very low debt-to-equity ratio (0.054) and healthy equity base indicate a conservative capital structure that reduces refinancing and interest-rate risk. This balance-sheet strength supports supplier credit, selective capex for depots and cushions the business through cyclical demand swings over the next several months.
Read all positive factors
James Latham (LTHM) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£202.88M
Dividend Yield3.62%
Average Volume (3M)15.37K
Price to Earnings (P/E)11.6
Beta (1Y)0.49
Revenue Growth4.03%
EPS Growth-13.76%
CountryUK
Employees565
SectorBasic Materials
Sector Strength58
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)0.88
Shares Outstanding20,160,000
10 Day Avg. Volume12,884
30 Day Avg. Volume15,373
Financial Highlights & Ratios
PEG Ratio-0.59
Price to Book (P/B)0.98
Price to Sales (P/S)0.59
P/FCF Ratio60.87
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)0.93
Revenue Forecast (FY)N/A
James Latham Business Overview & Revenue Model
Company Description
James Latham plc, operating with its subsidiaries, functions as a key importer and distributor of timber, panel products, and decorative surface materials. Its extensive operations cover the United Kingdom, the Republic of Ireland, broader Europe,...
How the Company Makes Money
James Latham primarily makes money by buying timber, panel products and other material surfaces from producers and selling them on to trade customers at a markup, generating revenue from product sales. A key driver of earnings is volume through it...
James Latham Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
78
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 376.81M | 366.61M | 366.51M | 408.37M | 385.37M | 250.16M |
| Gross Profit | 63.05M | 61.45M | 62.10M | 78.50M | 90.00M | 43.62M |
| EBITDA | 29.79M | 30.11M | 34.73M | 48.94M | 62.30M | 22.84M |
| Net Income | 17.65M | 18.15M | 22.66M | 35.92M | 45.64M | 14.98M |
Balance Sheet | ||||||
| Total Assets | 278.63M | 275.45M | 269.70M | 250.36M | 224.81M | 167.99M |
| Cash, Cash Equivalents and Short-Term Investments | 59.84M | 69.12M | 75.88M | 62.61M | 37.03M | 28.62M |
| Total Debt | 8.62M | 12.02M | 8.67M | 6.60M | 5.00M | 4.85M |
| Total Liabilities | 53.42M | 54.97M | 54.47M | 54.78M | 60.84M | 48.91M |
| Stockholders Equity | 225.21M | 220.48M | 215.23M | 195.57M | 163.97M | 119.08M |
Cash Flow | ||||||
| Free Cash Flow | 906.00K | 3.56M | 17.98M | 33.83M | 16.38M | 16.18M |
| Operating Cash Flow | 19.10M | 17.02M | 23.57M | 37.13M | 20.69M | 18.14M |
| Investing Cash Flow | -17.95M | -9.80M | -1.97M | -3.23M | -6.50M | -1.96M |
| Financing Cash Flow | -8.77M | -17.61M | -8.33M | -8.32M | -5.79M | -4.51M |
James Latham Technical Analysis
Negative
985.00
Price Trends
1016.15
Positive
1022.78
Negative
1015.07
Positive
Market Momentum
5.88
Positive
48.58
Neutral
30.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:LTHM, the sentiment is Negative. The current price of 985 is below the 20-day moving average (MA) of 1023.88, below the 50-day MA of 1016.15, and below the 200-day MA of 1015.07, indicating a neutral trend. The MACD of 5.88 indicates Positive momentum. The RSI at 48.58 is Neutral, neither overbought nor oversold. The STOCH value of 30.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:LTHM.
James Latham Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | £1.03B | 12.33 | 7.14% | 4.47% | 8.72% | -13.66% | |
62 Neutral | £282.21M | 16.88 | 7.33% | 2.13% | 12.11% | -3.00% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | £202.88M | 11.59 | 7.92% | 3.62% | 4.03% | -13.76% | |
60 Neutral | £1.43B | 17.57 | 10.11% | ― | 7.62% | 248.33% | |
57 Neutral | £377.52M | 38.17 | 2.17% | 4.18% | 2.08% | -53.51% | |
48 Neutral | £362.82M | 117.76 | 0.79% | 2.39% | 1.61% | -79.69% |
* Basic Materials Sector Average
GB:LTHM
James Latham
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-9.63%
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James Latham Corporate Events
Business Operations and Strategy
James Latham Employee Trust Increases Shareholding to Support Incentive Plans
Neutral
Mar 12, 2026
James Latham plc has disclosed that the Trustees of its Employee Benefits Trust have acquired 20,000 ordinary shares between 10 and 12 March at an average price of 1,070.7p per share, taking the trust’s total holding to 26,347 shares, or 0.1...
Business Operations and Strategy
James Latham Employee Trust Boosts Shareholding to Support Incentive Schemes
Positive
Feb 24, 2026
James Latham has disclosed that the trustees of its Employee Benefits Trust have purchased 10,000 ordinary shares in the company at an average price of 1080.5p per share, with 6,347 shares now held by the trust, representing 0.03% of total voting ...
Business Operations and StrategyPrivate Placements and Financing
James Latham Increases Senior Executives’ Stakes via Share Incentive Plan
Positive
Jan 28, 2026
James Latham plc has issued new 25p ordinary shares at an exercise price of 980p per share under its Share Incentive Plan Scheme to several persons discharging managerial responsibilities, including Chairman Nick Latham, Finance Director David Dun...
Business Operations and StrategyStock Buyback
James Latham Buys Back 166,615 Preference Shares for Treasury
Positive
Jan 19, 2026
James Latham plc has repurchased 166,615 of its £1 preference shares at a price of £1.30 per share, with the repurchased shares to be held in treasury. Following this transaction, the company has 423,863 preference shares in issue exclud...
Business Operations and StrategyPrivate Placements and Financing
James Latham Issues CSOP Shares to Managing Director Andrew Wright
Neutral
Jan 8, 2026
James Latham plc has issued 486 ordinary shares under its Company Share Option Plan (CSOP) to Managing Director Andrew Wright at a price of 925 pence per share, increasing his holding to 31,690 ordinary shares, equivalent to 0.16% of the company&#...
Business Operations and StrategyExecutive/Board Changes
James Latham Grants New CSOP Options and Issues Shares to Senior Executives
Positive
Dec 22, 2025
James Latham plc has granted new share options under its Company Share Option Plan to five senior executives, including the chairman, finance director and managing director, over ordinary shares at an exercise price of 980p, exercisable between De...
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.