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ME Group International
(LSE:MEGP)
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Rating:73Outperform
Price Target:
118.00 p
â–¼(-19.29% Downside)
Action:Upgraded
Date:03/27/26
The score is supported primarily by strong financial performance (profitability gains and a de-risked balance sheet) and very attractive valuation (low P/E and high dividend yield). These positives are partially offset by weaker technicals (negative MACD and price below longer-term moving averages) and recent free-cash-flow softness.
Positive Factors
De-levered Balance Sheet
Material debt reduction and higher equity have meaningfully improved financial flexibility and reduced refinancing and interest-rate risk. A healthier capital base supports durable investment in machines, steadier dividend capacity and a stronger buffer for cyclical downturns over the medium term.
Negative Factors
Slowing Top-line Momentum
Revenue growth deceleration after the post-2021 rebound suggests market saturation or tougher comps in core photo and vending segments. Slower top-line expansion can constrain margin improvement, reduce returns on new deployments, and make funding organic growth less self-sustaining.
Read all positive and negative factors
Positive Factors
Negative Factors
De-levered Balance Sheet
Material debt reduction and higher equity have meaningfully improved financial flexibility and reduced refinancing and interest-rate risk. A healthier capital base supports durable investment in machines, steadier dividend capacity and a stronger buffer for cyclical downturns over the medium term.
Read all positive factors
ME Group International (MEGP) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£396.37M
Dividend Yield4.7%
Average Volume (3M)376.85K
Price to Earnings (P/E)6.9
Beta (1Y)0.76
Revenue Growth2.44%
EPS Growth4.46%
CountryUK
Employees1,127
SectorIndustrials
Sector Strength72
IndustryBusiness Equipment & Supplies
Share Statistics
EPS (TTM)0.15
Shares Outstanding374,642,670
10 Day Avg. Volume392,899
30 Day Avg. Volume376,846
Financial Highlights & Ratios
PEG Ratio1.76
Price to Book (P/B)3.34
Price to Sales (P/S)2.25
P/FCF Ratio24.77
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)0.14
Revenue Forecast (FY)£319.64M
ME Group International Business Overview & Revenue Model
Company Description
Established in 1962 and based in Epsom, United Kingdom, ME Group International plc specializes in the operation, sale, and upkeep of various instant-service machines. The company, formerly known as Photo-Me International plc until its rebranding i...
How the Company Makes Money
ME Group International makes money primarily by owning and operating self-service machines and collecting consumer payments per transaction. Its key revenue streams typically include: (1) Photo services: fees paid by end customers for instant ID p...
ME Group International Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
78
Positive
Cash Flow
71
Positive
| Breakdown | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 315.39M | 307.89M | 297.66M | 259.78M | 214.40M |
| Gross Profit | 112.48M | 109.49M | 102.64M | 81.56M | 35.87M |
| EBITDA | 120.05M | 115.87M | 107.94M | 94.34M | 63.17M |
| Net Income | 56.57M | 54.09M | 50.67M | 38.79M | 21.71M |
Balance Sheet | |||||
| Total Assets | 334.39M | 312.64M | 332.52M | 326.37M | 272.94M |
| Cash, Cash Equivalents and Short-Term Investments | 56.54M | 86.15M | 111.09M | 136.19M | 99.36M |
| Total Debt | 43.04M | 59.76M | 90.51M | 118.09M | 80.94M |
| Total Liabilities | 121.39M | 132.77M | 173.53M | 193.72M | 143.25M |
| Stockholders Equity | 213.00M | 179.87M | 158.99M | 132.65M | 127.97M |
Cash Flow | |||||
| Free Cash Flow | 28.68M | 32.55M | 33.69M | 42.23M | 27.49M |
| Operating Cash Flow | 90.76M | 87.17M | 83.33M | 74.90M | 53.87M |
| Investing Cash Flow | -60.50M | -47.57M | -52.68M | -31.13M | -33.91M |
| Financing Cash Flow | -54.47M | -60.67M | -56.95M | -7.50M | -21.85M |
ME Group International Technical Analysis
Negative
146.20
Price Trends
128.55
Negative
131.51
Negative
145.46
Negative
Market Momentum
-7.06
Negative
37.49
Neutral
28.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MEGP, the sentiment is Negative. The current price of 146.2 is above the 20-day moving average (MA) of 106.47, above the 50-day MA of 128.55, and above the 200-day MA of 145.46, indicating a bearish trend. The MACD of -7.06 indicates Negative momentum. The RSI at 37.49 is Neutral, neither overbought nor oversold. The STOCH value of 28.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:MEGP.
ME Group International Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £396.37M | 6.93 | 27.72% | 4.70% | 2.44% | 4.46% | |
72 Outperform | £511.64M | 14.64 | 30.23% | 3.65% | 0.53% | -8.91% | |
70 Neutral | £530.40M | 13.78 | 20.94% | 5.91% | -3.52% | -10.90% | |
68 Neutral | £612.40M | 17.78 | 13.04% | 3.18% | 4.29% | 7.68% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | £599.82M | 28.25 | 6.66% | 4.87% | -9.46% | -57.37% | |
58 Neutral | £521.58M | 37.97 | 9.32% | 1.02% | 4.62% | 170.53% |
* Industrials Sector Average
GB:MEGP
ME Group International
104.00
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-52.24%
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2.61%
ME Group International Corporate Events
Business Operations and StrategyStock Buyback
ME Group shrinks share base with latest buyback tranche
Positive
Jun 22, 2026
ME Group International has continued executing its share buyback programme by repurchasing 253,000 ordinary shares on 15 June 2026 at a volume-weighted average price of 109.96 pence, with trades conducted on the London Stock Exchange through Peel ...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
ME Group Cancels 443,909 Shares After Latest Buyback Tranche
Positive
Jun 15, 2026
ME Group International has bought back 443,909 of its ordinary shares on the London Stock Exchange between 8 and 12 June 2026 at prices ranging from 105p to 108.86p, with a volume-weighted average of 106.76p. The shares, repurchased via Peel Hunt ...
Stock BuybackRegulatory Filings and Compliance
ME Group cancels 963,000 shares after latest buyback tranche
Positive
Jun 8, 2026
ME Group International has repurchased 963,000 ordinary shares between 1 and 5 June 2026 via Peel Hunt as part of its ongoing buyback programme, paying a volume-weighted average price of 104.88 pence within a trading range of 99.75 to 110.20 pence...
Regulatory Filings and Compliance
ME Group Confirms Share Capital and Voting Rights Update
Neutral
Jun 1, 2026
ME Group International has confirmed that, as of 29 May 2026, its issued share capital comprises 376,302,590 ordinary shares, with an equal number of voting rights, and it holds no shares in treasury. This updated capital and voting rights figure ...
Business Operations and StrategyFinancial Disclosures
ME Group tempers 2026 profit outlook as April slowdown hits photobooth and laundry revenue
Negative
Jun 1, 2026
ME Group International reported a modest 2% rise in first-half revenue to 30 April 2026 but flagged a slowdown in April, especially in its French photobooth and laundry operations, as weaker consumer confidence and Middle East conflict-related unc...
Stock BuybackRegulatory Filings and Compliance
ME Group resets voting rights after buyback adjusts share capital
Neutral
May 6, 2026
ME Group International has updated the market on its voting rights and capital following activity under its ongoing share buyback programme launched in March 2026. As of the close of business on 5 May 2026, and assuming settlement and cancellation...
Executive/Board Changes
ME Group grants performance-linked share options to COO
Positive
Apr 30, 2026
ME Group International has awarded Group Chief Operating Officer Christophe Dantcikian an option over 190,000 ordinary shares under its 2024 Executive Share Option Scheme. The options are priced at 148.67 pence per share, with vesting scheduled fo...
Executive/Board ChangesRegulatory Filings and Compliance
ME Group Grants Performance-Linked Share Options to CFO
Positive
Apr 30, 2026
ME Group International has granted Group Chief Financial Officer Stéphane Gibon a share option over 150,000 ordinary shares under its 2024 Executive Share Option Scheme, with an exercise price set at 148.67 pence per share. The award aligns h...
Business Operations and StrategyExecutive/Board Changes
ME Group Reshapes Leadership as Crasnianski Moves to Non-Executive Role
Neutral
Apr 28, 2026
ME Group International has reshaped its senior management structure, with Tania Crasnianski stepping back from her Executive Director role and leaving the Executive Team as of 17 March 2026, while remaining on the board in a non-executive capacity...
Business Operations and StrategyDividendsFinancial DisclosuresShareholder Meetings
ME Group shareholders back all AGM resolutions, approve dividend and board authorities
Positive
Apr 24, 2026
ME Group International reported that all resolutions at its 2026 annual general meeting were approved, including acceptance of the 2025 accounts, the directors’ remuneration report and a final dividend of 4.79 pence per share payable on 29 M...
Business Operations and StrategyStock Buyback
ME Group buys back and cancels 260,525 shares under ongoing repurchase programme
Positive
Apr 20, 2026
ME Group International has repurchased 260,525 of its own ordinary shares between 13 and 17 April at prices ranging from 144.60p to 153.40p, with a volume-weighted average price of 149.58p, as part of a previously announced buyback programme. The ...
Stock BuybackRegulatory Filings and Compliance
ME Group CFO Exercises Share Options as Buybacks Trim Free Float
Positive
Apr 13, 2026
ME Group International reported that its Chief Financial Officer, Stéphane Gibon, exercised options over 211,029 ordinary shares under the company’s 2014 Executive Share Option Scheme and immediately sold the resulting shares at £1...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
ME Group Cancels 428,777 Shares Under Ongoing Buyback Programme
Positive
Apr 13, 2026
ME Group International has continued its share buyback activity, repurchasing 428,777 ordinary shares between 7 and 10 April 2026 through Peel Hunt at prices ranging from 136.60p to 147.00p, with a volume-weighted average price of 141.72p. The com...
Business Operations and Strategy
ME Group strikes landmark Asda deal to accelerate Wash.ME UK rollout
Positive
Apr 9, 2026
ME Group International has signed a major partnership with UK retailer Asda to install and operate its Wash.ME self-service laundry machines across Asda’s Supercentre, Superstore, supermarket and petrol forecourt estate. The rollout targets ...
Business Operations and StrategyStock BuybackFinancial Disclosures
ME Group Cancels 168,168 Shares After Latest Buyback Tranche
Positive
Apr 7, 2026
ME Group International has continued its previously announced share buyback programme, repurchasing 168,168 ordinary shares between 30 March and 2 April 2026 at prices ranging from 123.80p to 138.98p, with a volume-weighted average price of 136.69...
Stock BuybackRegulatory Filings and Compliance
ME Group sets new voting rights total after share buyback
Neutral
Apr 1, 2026
ME Group International has updated the market on its capital structure following recent share buybacks, confirming that as of 31 March 2026 its issued share capital comprises 376,639,419 ordinary shares of 0.5p each, all carrying voting rights. Th...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
ME Group cancels 1.1m shares after buyback, trimming share capital
Positive
Mar 30, 2026
ME Group International has repurchased 1,090,374 ordinary shares between 24 and 27 March 2026 as part of its recently announced share buyback programme, paying prices between 132p and 142p and a volume-weighted average of 137.23p. The company plan...
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.