Next Fifteen Communications (NFG) AI Stock Analysis

• Market Cap: £291.67M
• Dividend Yield: 1.64%
• Average Volume (3M): 177.01K
• Price to Earnings (P/E): 7.3
• Beta (1Y): 2.39
• Revenue Growth: -0.66%
• EPS Growth: -26.16%
• Country: UK
• Employees: 3,992
• Sector: Communication Services
• Sector Strength: 88
• Industry: Advertising Agencies
• EPS (TTM): 0.17
• Shares Outstanding: 100,924,810
• 10 Day Avg. Volume: 285,839
• 30 Day Avg. Volume: 177,007
• PEG Ratio: -0.20
• Price to Book (P/B): 1.59
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.30
• 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: £580.00
• Price Target Upside: 178.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: 219.00p ▲(5.29%Upside)

The overall stock score reflects a mix of strong financial performance and attractive valuation, offset by negative technical indicators and recent corporate challenges. While the company's financial stability and valuation are positive, the bearish technical outlook and negative corporate events weigh on the overall score.

Positive Factors

Cost Savings

Changes made to the business are expected to deliver £40m of annualized savings, which indicates a strategic response to weaker trading.

Valuation

Next 15 shares trade at a 10-year low valuation, making it an attractive entry point for investors willing to look beyond short-term challenges.

Negative Factors

Earnings

The loss of this contract is a significant hit to earnings, having represented 12% of FY24 revenue and 17% of EBIT.

Next Fifteen Communications Business Overview & Revenue Model

Company Description

Next 15 Group plc, together with its subsidiaries, provides communications services in the United Kingdom, Europe, Africa, the United States, and the Asia Pacific. It also engages in the provision of consultancy services including data and insights, customer engagement, digital marketing and communications, and business transformation. The company provides its services under the activate, Agent3, Archetype, Beyond, The Blueshirt Group, Brandwidth, ELVIS, encore, House 337, M Booth, M Booth Health, Mach49, MHP Group, Nectar, Outcast, Palladium, Publitek, Savanta, SMG, Transform, twogether, and Velocity brands. The company was formerly known as Next Fifteen Communications Group plc and changed its name to Next 15 Group plc in April 2023. Next 15 Group plc was incorporated in 1981 and is based in London, the United Kingdom.

How the Company Makes Money

Next Fifteen Communications makes money through its diverse portfolio of services provided to a wide range of clients across different industries. The company generates revenue primarily from service fees charged for its marketing and communication solutions, including public relations, digital marketing, and consultancy services. Additionally, Next Fifteen Communications benefits from its strategic partnerships and acquisitions, which help to expand its service offerings and client base, thus contributing to its earnings. The company's focus on innovation and technology-driven solutions also plays a significant role in maintaining competitive pricing and value-added services that attract and retain clients.

Next Fifteen Communications Financial Statement Overview

Summary

Next Fifteen Communications demonstrates steady financial health with consistent revenue growth and stable cash flows. The company effectively manages its leverage and capital structure, reflecting a sound financial strategy. Despite some pressure on profit margins and recent declines in cash flow growth, the overall financial position remains robust, supporting future growth prospects.

Income Statement

The company has shown moderate revenue growth over the years with a significant increase in total revenue from 2022. Gross profit margin has fluctuated, indicating variability in cost management. Net profit margin is positive but declined, suggesting pressure on bottom-line profitability. EBITDA and EBIT margins are stable but showed a slight decline in the most recent period, indicating efficient but pressured operational performance.

Balance Sheet

The company's debt-to-equity ratio appears relatively stable, reflecting a balanced approach to financing. Return on equity has improved, signaling better returns for shareholders. The equity ratio is within a reasonable range, suggesting a healthy balance between equity and assets. Overall, the balance sheet reveals a stable financial structure with manageable leverage.

Cash Flow

Operating cash flow has remained strong, although there is a slight decline in the most recent year. Free cash flow is positive and reflects efficient capital management. The cash flow ratios indicate a healthy cash generation relative to net income, supporting the company's ability to fund operations and growth. However, the slight decline in free cash flow growth rate requires attention.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	729.81M	734.67M	720.50M	470.06M	323.67M
Gross Profit	123.74M	577.84M	146.73M	74.40M	49.35M
EBITDA	104.12M	147.21M	50.51M	-50.12M	28.55M
Net Income	39.47M	52.91M	1.62M	-69.22M	-4.94M
Balance Sheet
Total Assets	604.96M	591.62M	594.43M	444.76M	321.65M
Cash, Cash Equivalents and Short-Term Investments	89.43M	42.87M	47.32M	58.22M	26.83M
Total Debt	150.96M	77.66M	63.02M	55.46M	55.58M
Total Liabilities	423.77M	435.40M	480.03M	383.30M	204.77M
Stockholders Equity	181.67M	155.98M	113.95M	59.83M	116.96M
Cash Flow
Free Cash Flow	67.18M	69.27M	66.25M	72.60M	60.35M
Operating Cash Flow	69.38M	76.42M	73.22M	78.40M	64.46M
Investing Cash Flow	-12.89M	-23.97M	-67.58M	-32.23M	-27.82M
Financing Cash Flow	-71.76M	-55.08M	-19.39M	-14.79M	-38.24M

Next Fifteen Communications Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 208.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:NFG, the sentiment is Negative. The current price of 208 is below the 20-day moving average (MA) of 287.40, below the 50-day MA of 276.07, and below the 200-day MA of 346.10, indicating a bearish trend. The MACD of -3.09 indicates Positive momentum. The RSI at 25.51 is Positive, neither overbought nor oversold. The STOCH value of 27.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:NFG.

Next Fifteen Communications Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PEBB	70 Outperform	£84.23M	13.84	7.08%	2.60%	0.88%	10.37%
SAA	67 Neutral	£238.18M	18.85	33.95%	0.73%	-12.89%	―
YOU	64 Neutral	£423.87M	320.35	0.70%	2.49%	42.19%	-94.16%
NFG	61 Neutral	£291.67M	7.35	23.38%	1.64%	-0.66%	-26.16%
Sector *	61 Neutral	$40.08B	-1.19	-13.44%	3.97%	2.29%	-73.14%
EBQ	55 Neutral	£32.50M	―	-9.50%	―	-4.28%	12.79%
SFOR	48 Neutral	£149.47M	99.88	-42.53%	―	-16.14%	-5856.63%

Next Fifteen Communications Corporate Events

Next 15 Group plc Announces Successful AGM Outcomes

Next 15 Group plc, a communications company, announced the results of its Annual General Meeting held on 26 June 2025. All resolutions, except one that was withdrawn, were passed by shareholders. The resolutions included the adoption of the Annual Report, approval of the Directors’ Remuneration Report, declaration of a final dividend, and the election and re-election of directors. Additionally, Deloitte LLP was re-appointed as the auditor, and the board was authorized to allot shares and disapply pre-emption rights.

The most recent analyst rating on (GB:NFG) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Next Fifteen Communications stock, see the GB:NFG Stock Forecast page.

Next 15 Group Projects Revenue Alignment but Warns of Profit Shortfall

Next 15 Group plc reported that its revenue for the year is expected to align with market expectations, driven by strong performances from brands like Transform and SMG. However, the company anticipates its profit for FY26 to fall below expectations due to factors such as potential misconduct affecting Mach49, investments in new capabilities, and adverse currency movements. Despite these challenges, Next 15 is progressing with its simplification strategy and continues to invest in emerging technologies to better support its clients.

The most recent analyst rating on (GB:NFG) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Next Fifteen Communications stock, see the GB:NFG Stock Forecast page.

Leadership Transition at Next Fifteen Communications: Sam Knights Appointed CEO

Next Fifteen Communications Group plc has announced a significant leadership change, with Tim Dyson retiring as CEO after 33 years and Sam Knights stepping in as his successor. Knights, who has been instrumental in the rapid growth of Shopper Media Group, a subsidiary of Next 15, will work alongside Dyson during a transitional period. This change is part of the company’s strategic succession planning, and Knights is expected to leverage his expertise in data and AI to drive the company’s ambitions forward. The announcement also led to the withdrawal of a resolution at the company’s AGM related to Dyson’s re-election as a director.

The most recent analyst rating on (GB:NFG) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Next Fifteen Communications stock, see the GB:NFG Stock Forecast page.

Next 15 Uncovers Misconduct at Mach49, Halts Earnout Payments

Next 15 has discovered potential serious misconduct within Mach49, a company it acquired, leading to the termination of three senior managers. As a result, Next 15 will not proceed with further earnout payments to Mach49’s selling shareholder, and the situation is being reported to law enforcement agencies.

The most recent analyst rating on (GB:NFG) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Next Fifteen Communications stock, see the GB:NFG Stock Forecast page.

Liontrust Increases Stake in Next Fifteen Group

Next Fifteen Communications, a UK-based company, has announced a change in its major holdings. Liontrust Investment Partners LLP has increased its voting rights in Next Fifteen Group PLC to 11.3546%, up from a previous position of 11.3546%. This acquisition or disposal of voting rights indicates a strategic move by Liontrust to strengthen its influence within the company, potentially impacting Next Fifteen’s future decisions and market positioning.

The most recent analyst rating on (GB:NFG) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Next Fifteen Communications stock, see the GB:NFG Stock Forecast page.

Next Fifteen Communications Announces Change in Voting Rights

Next Fifteen Communications, a UK-based company, has announced a change in its voting rights structure due to an acquisition or disposal by Liontrust Investment Partners LLP. As of June 12, 2025, Liontrust holds 11.3546% of the voting rights in Next Fifteen, a slight decrease from their previous position. This adjustment in holdings could influence the company’s decision-making processes and impact its strategic direction.

The most recent analyst rating on (GB:NFG) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Next Fifteen Communications stock, see the GB:NFG Stock Forecast page.

Next 15 Group Announces Total Voting Rights Update

Next 15 Group plc, a company listed on the London Stock Exchange, announced its total voting rights as of May 31, 2025. The company’s issued share capital consists of 100,924,813 ordinary shares, with no shares held in treasury. This information is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:NFG) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Next Fifteen Communications stock, see the GB:NFG Stock Forecast page.

Next Fifteen Announces CFO Transition

Next Fifteen Communications Group plc announced a change in its board of directors, with Peter Harris stepping down as Director and CFO effective May 30, 2025. Mickey Kalifa will succeed him as CFO and join the board starting June 1, 2025, marking a significant leadership transition aimed at strengthening the company’s financial management and strategic direction.

The most recent analyst rating on (GB:NFG) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Next Fifteen Communications stock, see the GB:NFG Stock Forecast page.

Liontrust Increases Stake in Next Fifteen Communications

Next Fifteen Communications Group plc, a UK-based company, has announced a change in its major holdings. Liontrust Investment Partners LLP has increased its voting rights in the company to 11.568%, crossing the previous threshold of 11.5681%. This acquisition of voting rights may have implications for the company’s governance and strategic direction.

The most recent analyst rating on (GB:NFG) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Next Fifteen Communications stock, see the GB:NFG Stock Forecast page.

Next 15 Group Releases 2025 Annual Report and AGM Notice

Next 15 Group plc, a company in the communications sector, has released its 2025 Annual Report and Accounts along with the Notice of its Annual General Meeting. These documents are now accessible on the company’s website. The AGM is scheduled to take place on June 26, 2025, in London, providing shareholders with an opportunity to engage with the company’s leadership and discuss its future direction.

Next 15 Group Reports Resilient Performance Amidst Economic Challenges

Next 15 Group plc reported its final results for the year ended 31 January 2025, showing resilience in a challenging macro-environment. The company experienced a slight decline in net revenue by 1.4% to £569.7 million and a more significant drop in adjusted operating profit by 11.3% to £107.4 million. Despite these declines, the company secured significant new clients, including Deliveroo and PayPal, and completed strategic acquisitions, positioning itself for future growth. The company also incurred a restructuring cost of £17 million, realizing annualized savings of £45 million. Looking forward, Next 15 anticipates challenges due to the loss of a significant contract and potential currency headwinds but remains confident in its strategic investments and management team’s ability to deliver solid performance.

Next 15 Group Announces Board Restructuring with Key Appointments

Next 15 Group plc has announced the appointment of Samantha Wren as a senior independent Non-Executive Director, effective June 1, 2025. Wren, who brings over 30 years of experience in financial services, will also chair the Audit & Risk Committee. This appointment is part of a broader board restructuring, with Helen Hunter, Robyn Perriss, and Dianna Jones stepping down after the 2025 AGM. Mark Astaire and Paul Butler will assume new roles as Chair of the Remuneration and ESG Committees, respectively. These changes are aimed at aligning the board’s composition with the strategic needs of the company as it continues to evolve.

Next 15 Group to Announce Full Year Financial Results

Next 15 Group plc has announced that it will release its preliminary financial results for the year ending 31 January 2025 on 15 April 2025. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor relations.

Next Fifteen Communications Expands Block Listing for Incentive Plan

Next Fifteen Communications Group plc has applied to increase its existing block listing by 100,000 new ordinary shares, which will be admitted to AIM. This move is part of the company’s Long Term Incentive Plan, bringing the total shares listed under this plan to 144,880, and is expected to enhance the company’s operational flexibility and stakeholder value.

Next Fifteen Communications Announces Change in Shareholder Voting Rights

Next Fifteen Communications, a UK-based company, has announced a change in its shareholder structure with Octopus Investments Limited adjusting its voting rights. The investment firm now holds 12.98% of the voting rights in Next Fifteen, down from a previous 13.33%. This change in holdings could influence the company’s strategic decisions and impact its market positioning.