| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 996.60M | 1.10B | 1.11B | 1.11B | 950.50M |
| Gross Profit | 87.50M | 813.20M | 120.80M | 244.70M | 207.10M |
| EBITDA | 130.50M | 150.00M | 138.60M | 188.10M | 156.30M |
| Net Income | 21.10M | 50.30M | 47.30M | 88.00M | 73.80M |
Balance Sheet | |||||
| Total Assets | 984.80M | 1.08B | 1.02B | 1.03B | 925.40M |
| Cash, Cash Equivalents and Short-Term Investments | 126.50M | 118.60M | 124.50M | 117.70M | 127.30M |
| Total Debt | 360.70M | 393.70M | 356.80M | 318.10M | 223.80M |
| Total Liabilities | 635.90M | 687.80M | 626.10M | 602.30M | 575.80M |
| Stockholders Equity | 316.60M | 353.70M | 360.30M | 389.00M | 310.60M |
Cash Flow | |||||
| Free Cash Flow | 53.50M | 17.20M | 18.10M | -37.40M | 74.60M |
| Operating Cash Flow | 120.60M | 113.30M | 78.50M | 20.60M | 106.20M |
| Investing Cash Flow | -55.00M | -86.00M | -60.20M | -57.00M | -13.90M |
| Financing Cash Flow | -99.50M | -33.00M | -2.00M | 23.40M | -112.20M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £6.93B | 20.02 | 23.79% | 1.29% | -0.32% | -3.96% | |
73 Outperform | £1.77B | 15.43 | 35.23% | 1.01% | 24.42% | 103.25% | |
69 Neutral | £1.23B | 9.43 | 4.10% | 3.30% | -6.95% | -52.08% | |
66 Neutral | £3.04B | 14.34 | 16.97% | 2.04% | 1.93% | -15.07% | |
66 Neutral | £8.07B | 29.17 | 12.85% | 1.93% | -6.93% | 18.57% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | £577.28M | 28.89 | 8.04% | 4.87% | -7.30% | -59.71% |
Morgan Advanced Materials has disclosed that its chief executive officer, Damien Caby, purchased 14,000 ordinary shares of the company at a price of £2.01 per share on 3 March 2026. The trade, executed on the London Stock Exchange, was reported as required under market abuse regulations, underscoring executive alignment with shareholders and providing additional transparency around insider dealing activity.
The notification signals a vote of confidence by the CEO in Morgan Advanced Materials’ prospects at the current valuation. Such insider buying may be closely watched by investors as an indicator of management’s outlook on the company’s performance and could influence market sentiment toward the stock in the near term.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £255.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials reported a decline in 2025 revenue and profit amid weak semiconductor and European industrial demand, though trading stabilised in the second half of the year. The group maintained its total dividend and delivered stronger cash generation and free cash flow, while net debt rose as it invested in semiconductors and its simplification programme.
Management highlighted that the business simplification programme is largely complete and on track to deliver £27 million of savings by 2026, helping to partially offset margin pressure. The disposal of most of the Molten Metal Systems business and a newly launched strategic review of the Thermal Products division underscore a sharper portfolio focus aimed at higher-margin growth.
The company is rolling out turnaround plans for major sites, group-led procurement and a new ERP system as part of a broader operational transformation. For 2026, it is guiding to modest organic revenue growth and an adjusted operating margin around 10%, with leverage expected to ease once disposal proceeds are received and transformation benefits start to flow through.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £242.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has confirmed that, as of 31 January 2026, its issued share capital consists of 276,676,409 ordinary shares with full voting rights and 437,281 non-voting cumulative preference shares, with no shares held in treasury. The company also disclosed that it has bought back and cancelled 8,693,579 ordinary shares under its previously announced share buyback programme, which was paused after the completion of the second tranche on 9 January 2026; the updated ordinary share count now serves as the reference denominator for investors’ disclosure obligations under UK transparency rules, clarifying the ownership base and potentially supporting earnings per share and capital returns for shareholders.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £240.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has continued to execute its previously announced share buyback programme, repurchasing 11,731 ordinary shares on 9 January 2026 via Investec Bank at a volume‑weighted average price of 230.4341 pence. The company intends to cancel these shares, a move that marginally reduces the share count and can enhance earnings per share and capital returns for investors, underlining ongoing balance sheet strength and management’s capital allocation discipline.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has continued to execute its previously announced share buyback programme, repurchasing 23,500 ordinary shares on 8 January 2026 through Investec Bank at prices between 224p and 227p, with a volume‑weighted average price of 226.45p. The company plans to cancel the shares, a move that marginally reduces the share count and can enhance earnings per share and capital returns for investors, signalling ongoing confidence in its balance sheet and long‑term prospects.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has repurchased 15,477 of its 25 pence ordinary shares on 7 January 2026 through Investec Bank at prices between 224.00p and 228.00p, with a volume-weighted average price of 226.3085p, as part of the share buyback programme it launched in November 2024. The company intends to cancel these shares, which will marginally reduce the number of shares in issue and can enhance earnings per share over time, underscoring management’s continued use of buybacks as a capital allocation tool to return value to shareholders and manage its capital structure.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has repurchased 22,730 of its own 25 pence ordinary shares on 6 January 2026 through Investec Bank at prices ranging between 219p and 223p, with a volume‑weighted average price of 221.0278p, as part of the share buyback programme launched in November 2024. The company intends to cancel the repurchased shares, a move that will modestly reduce its share count and can enhance earnings per share over time, signalling continuing capital returns to shareholders and confidence in the group’s valuation.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has repurchased 20,619 of its own 25 pence ordinary shares on 5 January 2026 via Investec Bank at a volume-weighted average price of 221.5941 pence, with trades executed on the London Stock Exchange within a price range of 216.50 to 225.50 pence. The company plans to cancel the repurchased shares as part of its ongoing buyback programme launched in November 2024, a move that incrementally reduces the share count and may enhance earnings per share and capital returns for remaining shareholders.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has repurchased 22,935 of its 25 pence ordinary shares on 2 January 2026 via Investec Bank at a volume-weighted average price of 220.0245 pence, with trades executed on the London Stock Exchange within a price range of 216.50 to 222.50 pence. The company intends to cancel the shares as part of its ongoing share buyback programme launched in November 2024, a move that will modestly reduce its share count and may enhance earnings per share and capital efficiency for investors.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has reported that, as of 31 December 2025, its share capital comprised 276,846,825 ordinary shares with full voting rights and 437,281 non‑voting cumulative preference shares, with no shares held in treasury. The company also disclosed that it has bought back and cancelled 8,523,163 ordinary shares since launching its share repurchase programme in November 2024, and confirmed that the reduced ordinary share count will now serve as the reference figure for investors assessing notification thresholds under UK disclosure rules, signalling continued execution of its capital management strategy.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has continued to execute its share buyback programme, repurchasing 7,961 ordinary shares on 31 December 2025 via Investec Bank at prices between 218.00p and 220.50p, with a volume-weighted average price of 218.6710p. The company intends to cancel these shares, marginally reducing its share capital and signalling an ongoing commitment to capital management and shareholder returns through the buyback initiative launched in November 2024.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has continued its share buyback activity, repurchasing 22,988 ordinary shares on 30 December 2025 via Investec Bank at prices between 217p and 220p, with a volume-weighted average price of 218.8966p on the London Stock Exchange. The company plans to cancel these shares as part of the buyback programme launched in November 2024, a move that reduces its share capital and may enhance earnings per share and capital returns for existing shareholders, underlining management’s ongoing capital allocation discipline.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has repurchased 22,475 of its ordinary shares on 29 December 2025 via Investec Bank at a volume-weighted average price of 217.6542 pence per share, with trades executed on the London Stock Exchange within a price range of 216.50 to 219.00 pence. The company plans to cancel the repurchased shares as part of its ongoing share buyback programme launched in November 2024, a move that will reduce the number of shares in issue and may enhance earnings per share and capital return for remaining shareholders.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has bought back 14,345 of its own ordinary shares on 24 December 2025 via Investec Bank at a volume-weighted average price of 217.04 pence per share, with trades executed on the London Stock Exchange between 214.50 pence and 218.00 pence. The company plans to cancel the repurchased shares as part of the ongoing buyback programme launched in November 2024, a move that will marginally reduce the number of shares in issue and can enhance earnings per share and capital returns for existing shareholders.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials PLC has continued its share buyback activity, purchasing 22,159 ordinary shares on 23 December 2025 on the London Stock Exchange at prices between 212.50p and 216.50p, with a volume-weighted average price of 214.7295p. The company intends to cancel the repurchased shares as part of its ongoing buyback programme launched in November 2024, a move that will reduce the overall share count and may enhance earnings per share and capital returns for existing shareholders.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has repurchased 22,908 of its own 25 pence ordinary shares on 22 December 2025 via Investec Bank at prices between 211.50p and 214.50p, with a volume-weighted average price of 212.96p, as part of its ongoing share buyback programme launched in November 2024. The company intends to cancel these shares, a move that will marginally reduce its share count and can be interpreted as continued capital management aimed at enhancing shareholder value and signalling confidence in its financial position.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has continued executing its share buyback programme, repurchasing 23,673 ordinary shares on 19 December 2025 through Investec Bank at a volume-weighted average price of 214.05 pence, with prices ranging between 212.50 and 215.50 pence per share. The company intends to cancel the repurchased shares, a move that marginally reduces the share count and can enhance earnings per share and capital returns for investors as Morgan Advanced Materials progresses with the buyback plan first announced in November 2024.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials has repurchased 22,912 of its own ordinary shares on 18 December 2025 via Investec Bank at prices between 212.50p and 216.00p, with a volume-weighted average price of 214.4131p, as part of the share buyback programme launched in November 2024. The company plans to cancel the repurchased shares, a move that will reduce the number of shares in issue and can enhance earnings per share and capital returns for investors, underlining its ongoing capital management strategy and confidence in its financial position.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials PLC has announced the repurchase of 22,994 of its ordinary shares at a weighted average price of 212.7196 pence per share, as part of a buyback program initiated in November 2024. The company plans to cancel these shares, which could potentially enhance shareholder value by reducing the number of shares outstanding and increasing earnings per share.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials PLC announced the repurchase of 24,584 of its ordinary shares at prices ranging from 208.50 to 213.50 pence per share, with a weighted average price of 210.8359 pence. This transaction is part of a buyback program initiated in November 2024, and the company plans to cancel the purchased shares, potentially impacting its share capital structure and signaling confidence in its market valuation.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials PLC has announced the repurchase of 26,213 of its ordinary shares through Investec Bank plc, as part of a share buyback program initiated in November 2024. The shares were bought at prices ranging from 207.50 pence to 214.50 pence and will be canceled, which is expected to optimize the company’s capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials PLC announced the repurchase of 22,901 of its ordinary shares at a weighted average price of 205.0958 pence per share, as part of a buyback program initiated in November 2024. This strategic move to cancel the purchased shares is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials PLC has executed a share buyback, purchasing 25,449 of its ordinary shares at an average price of 203.6677 pence per share. This move is part of a previously announced buyback program, indicating a strategic effort to optimize its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials PLC has executed a share buyback, purchasing 21,901 of its ordinary shares at a weighted average price of 206.9804 pence per share. This move is part of a previously announced buyback program and the company plans to cancel the purchased shares, potentially impacting its share capital structure and signaling confidence in its financial health.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials PLC has repurchased 25,752 of its ordinary shares at a weighted average price of 208.8222 pence per share through Investec Bank plc, as part of its ongoing share buyback program announced in November 2024. The company plans to cancel the purchased shares, which may impact its share capital and potentially enhance shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials PLC announced the repurchase of 22,516 of its ordinary shares at a weighted average price of 212.9267 pence per share, as part of a buyback program initiated in November 2024. The company intends to cancel these shares, a move that could potentially enhance shareholder value by reducing the number of shares outstanding, thereby increasing earnings per share and improving market perception.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.
Morgan Advanced Materials PLC has announced the repurchase of 25,447 of its ordinary shares at a weighted average price of 208.6081 pence per share, as part of a buyback program initiated in November 2024. The company plans to cancel these shares, a move that could potentially enhance shareholder value by reducing the number of outstanding shares, thereby increasing earnings per share and reflecting confidence in the company’s financial health.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £220.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.