Mpac Group PLC (MPAC) AI Stock Analysis

• Market Cap: £106.76M
• Dividend Yield: N/A
• Average Volume (3M): 74.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.38
• Revenue Growth: 21.17%
• EPS Growth: -237.25%
• Country: UK
• Employees: 500
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 0.12
• Shares Outstanding: 30,073,273
• 10 Day Avg. Volume: 64,523
• 30 Day Avg. Volume: 74,803
• PEG Ratio: -1.74
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 1.04
• P/FCF Ratio: -254.84
• 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: 61 Neutral
• Price Target: 391.00p ▲(26.13% Upside)

Mpac Group PLC's overall stock score is primarily influenced by its strong revenue growth and stable equity position, despite profitability pressures and declining free cash flow. Technical analysis indicates short-term bearish momentum, while valuation concerns arise from a negative P/E ratio and lack of dividend yield. Positive corporate events, such as director share purchases and strategic board appointments, provide some optimism for future growth.

Positive Factors

Revenue Growth

Sustained top-line expansion demonstrates durable demand for Mpac's packaging and automation solutions across pharma and consumer goods. Rising revenues support reinvestment in R&D and capacity, strengthen customer relationships, and underpin longer-term margin recovery and scale benefits.

Equity Base / Balance Sheet

A healthy equity base and ~40% equity ratio provide a structural buffer against cyclical revenue swings and support capital investment in equipment and integration projects. This stability enhances long-term credit access and reduces insolvency risk during downturns.

Management Alignment

Insider buying and board strengthening signal management alignment with shareholders and can improve strategic oversight. Over time, credible governance and experienced directors help execution on complex automation projects and deepen industry partnerships.

Negative Factors

Declining Free Cash Flow

Negative free cash flow constrains Mpac's ability to self-fund capex, working capital or acquisitions and increases reliance on external financing. Persisting cash conversion issues risk limiting durable investment in product development and service infrastructure.

Rising Leverage

Higher leverage raises fixed obligations and reduces financial flexibility, making the company more sensitive to demand slowdowns or interest rate moves. This limits strategic optionality for M&A, capacity expansion, and margin cushion during cyclical pressure.

Profitability Pressure

A drop in net margin despite stable gross margins implies rising operating or non-operating costs and weak cash conversion. If persistent, this undermines return on invested capital, hurts ability to fund recurring service delivery, and pressures long-term shareholder returns.

Mpac Group PLC Business Overview & Revenue Model

Company Description

Mpac Group plc provides packaging and automation solutions to healthcare, pharmaceutical, and food and beverage sectors worldwide. It operates through Original Equipment and Service segments. The company designs, develops, manufactures, and engineers packaging solutions; offers automation and secondary packaging equipment, end-of-line robotic with integrated testing solutions, and at line instrumentation solutions; and designs and integrates packaging systems. It also offers tray formers, cartoners, carton closers, case erectors and case packers, and labelling machines. The company offers its products under the Lambert, Langen, and Switchback brand names. The company was formerly known as Molins plc and changed its name to Mpac Group plc in January 2018. Mpac Group plc was founded in 1874 and is based in North Yorkshire, the United Kingdom.

How the Company Makes Money

Mpac Group generates revenue primarily through the sale of packaging machinery and automation systems, alongside ongoing service and maintenance contracts. The company's revenue model is diversified across several key streams: direct sales of equipment to manufacturers, long-term service agreements that provide recurring revenue through maintenance and support, and project-based contracts that involve the design and implementation of bespoke packaging solutions. Additionally, Mpac has established partnerships with leading companies in the pharmaceutical and consumer goods sectors, which not only enhance its market reach but also provide opportunities for collaborative innovation and development, contributing significantly to its overall earnings.

Mpac Group PLC Financial Statement Overview

Summary

Mpac Group PLC exhibits strong revenue growth and a stable equity position, indicative of a solid industrial machinery company. However, profitability pressures and declining free cash flow pose challenges. Increased leverage and cash conversion issues could impact future financial flexibility, necessitating cautious financial management.

Income Statement

Mpac Group PLC has shown a consistent revenue growth, with a notable increase from 97.7 million to 122.4 million over the past few years. Gross profit margins have been relatively stable, averaging around 28%. While EBIT and EBITDA margins have shown improvement, the net profit margin dipped in the latest year due to lower net income, indicating potential profitability challenges.

Balance Sheet

The company's balance sheet reflects strong equity growth, with stockholders' equity increasing to 108 million. The debt-to-equity ratio has increased to 0.61, indicating higher leverage, which could pose a risk. The equity ratio remains healthy at around 40%, suggesting a stable asset base supported by equity.

Cash Flow

Mpac Group PLC's cash flow statements reveal a concerning trend of declining free cash flow, now at -0.5 million. The operating cash flow to net income ratio is low, suggesting challenges in converting income into cash. However, financing activities have injected liquidity, providing some cash flow relief.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	147.10M	122.40M	114.20M	97.70M	94.30M	83.70M
Gross Profit	46.10M	34.70M	31.60M	22.80M	28.90M	22.70M
EBITDA	2.50M	10.20M	11.10M	5.00M	12.40M	7.00M
Net Income	-12.50M	1.40M	2.70M	-400.00K	7.80M	4.20M
Balance Sheet
Total Assets	219.50M	272.40M	137.90M	129.70M	128.10M	105.00M
Cash, Cash Equivalents and Short-Term Investments	8.60M	18.20M	11.00M	4.20M	14.50M	15.50M
Total Debt	63.60M	67.60M	15.10M	14.20M	6.90M	5.10M
Total Liabilities	144.80M	164.40M	73.90M	67.50M	62.70M	58.80M
Stockholders Equity	74.70M	108.00M	64.00M	62.20M	65.40M	46.20M
Cash Flow
Free Cash Flow	2.70M	-500.00K	8.60M	-16.40M	-1.30M	8.20M
Operating Cash Flow	4.20M	1.40M	11.20M	-14.00M	400.00K	11.20M
Investing Cash Flow	-60.30M	-59.50M	-2.60M	-3.20M	-300.00K	-13.10M
Financing Cash Flow	59.90M	64.50M	-1.80M	6.60M	-1.40M	-1.30M

Mpac Group PLC Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 310.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MPAC, the sentiment is Neutral. The current price of 310 is below the 20-day moving average (MA) of 348.23, below the 50-day MA of 332.47, and below the 200-day MA of 344.91, indicating a bullish trend. The MACD of 11.26 indicates Negative momentum. The RSI at 53.65 is Neutral, neither overbought nor oversold. The STOCH value of 36.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:MPAC.

Mpac Group PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GDWN	73 Outperform	£1.94B	48.87	35.23%	1.01%	24.42%	103.25%
AVG	70 Outperform	£192.16M	29.26	5.87%	1.02%	14.49%	76.33%
BOY	69 Neutral	£1.28B	47.01	4.10%	3.30%	-6.95%	-52.08%
MGAM	67 Neutral	£633.91M	23.18	8.04%	4.87%	-7.30%	-59.71%
CGS	65 Neutral	£117.17M	24.28	3.82%	6.69%	-13.30%	-60.03%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MPAC	61 Neutral	£106.76M	-8.47	-17.46%	―	21.17%	-237.25%

Mpac Group PLC Corporate Events

Mpac Non-Executive Director Increases Stake with Share Purchase

Mpac Group plc has disclosed that Non-Executive Director and PDMR Simon Kesterton purchased 2,700 ordinary shares in the company on 30 January 2026 at a price of 374.50 pence per share via the London Stock Exchange’s AIM market. Following this transaction, Kesterton holds 2,700 shares, representing approximately 0.01% of Mpac’s issued share capital, a move that marginally increases board-level alignment with shareholders and signals personal confidence in the company, albeit with limited impact on overall ownership structure.

The most recent analyst rating on (GB:MPAC) stock is a Hold with a £391.00 price target. To see the full list of analyst forecasts on Mpac Group PLC stock, see the GB:MPAC Stock Forecast page.

Mpac Group Raises Revenue and Profit, Stabilises Order Book Despite Market Uncertainty

Mpac Group plc reported that trading for the year ended 31 December 2025 was in line with market expectations, with revenues expected to rise to about £170m from £122.4m and underlying profit before tax of £13.5m, supported by improved H2 margins, operational efficiencies and strong service performance. The order book stabilised at around £92m as original equipment order intake recovered by roughly 25% in the second half after earlier deferrals linked to US trade tariff uncertainty, while late‑year order deferrals pushed net debt (excluding leases) up to £47.7m, which management expects to reduce in 2026 through disciplined cost and cash management and a robust opportunity pipeline; the board believes these dynamics, combined with integration of 2024 acquisitions, position Mpac to meet current market expectations despite ongoing macroeconomic and end‑market uncertainty.

The most recent analyst rating on (GB:MPAC) stock is a Hold with a £352.00 price target. To see the full list of analyst forecasts on Mpac Group PLC stock, see the GB:MPAC Stock Forecast page.

Mpac Group Appoints Clive Whiley as Senior Independent Director

Mpac Group plc has appointed Clive Whiley, who joined its board as an independent non-executive director in October 2025, as Senior Independent Director with immediate effect. The move strengthens the company’s board governance structure and is likely aimed at bolstering independent oversight as Mpac continues to position itself as a leading player in the global packaging and automation sector.

The most recent analyst rating on (GB:MPAC) stock is a Hold with a £352.00 price target. To see the full list of analyst forecasts on Mpac Group PLC stock, see the GB:MPAC Stock Forecast page.