Next Fifteen Communications Group PLC (GB:NFG)
LSE:NFG
Want to see GB:NFG full AI Analyst Report?
Top Page
Next Fifteen Communications
(LSE:NFG)
Select Model
Select Model
Rating:58Neutral
Price Target:
280.00 p
▼(-13.18% Downside)
Action:Reiterated
Date:05/09/26
The score is held back primarily by weakening financial performance (revenue decline, swing to net loss, and higher leverage), partially offset by still-positive cash generation. Technicals add moderate support from improved short-term momentum, and valuation is helped by a high dividend yield, though the negative P/E underscores current earnings pressure.
Positive Factors
Cash generation resilience
Despite a reported net loss, the business continues to generate positive operating and free cash flow, showing durable cash conversion from services. This provides a buffer to fund operations, invest selectively, support working capital and service debt through cyclical downturns while management works to restore earnings.
Negative Factors
Revenue deterioration and net loss
A sizable annual revenue decline and a swing to net loss represent a structural reset in growth momentum. Lower top-line reduces scale benefits, stresses utilization and pricing, and forces tougher trade-offs on cost and investment. Without sustained revenue recovery, profitability and growth initiatives face ongoing headwinds.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation resilience
Despite a reported net loss, the business continues to generate positive operating and free cash flow, showing durable cash conversion from services. This provides a buffer to fund operations, invest selectively, support working capital and service debt through cyclical downturns while management works to restore earnings.
Read all positive factors
Next Fifteen Communications (NFG) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£284.40M
Dividend Yield4.98%
Average Volume (3M)321.35K
Price to Earnings (P/E)―
Beta (1Y)2.36
Revenue Growth-15.42%
EPS Growth-176.11%
CountryUK
Employees3,992
SectorCommunication Services
Sector Strength97
IndustryAdvertising Agencies
Share Statistics
EPS (TTM)-0.29
Shares Outstanding101,028,940
10 Day Avg. Volume420,540
30 Day Avg. Volume321,347
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)2.68
Price to Sales (P/S)0.57
P/FCF Ratio7.90
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)0.42
Revenue Forecast (FY)£443.18M
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 insight...
How the Company Makes Money
NFG makes money primarily by selling professional services through its portfolio of agencies and consulting brands. Revenue is generated from client engagements that are typically structured as (a) retainer-based contracts for ongoing PR/communica...
Next Fifteen Communications Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
52
Neutral
Cash Flow
63
Positive
| Breakdown | Jan 2026 | Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 617.27M | 729.81M | 720.50M | 470.06M | 323.67M |
| Gross Profit | 87.43M | 123.74M | 146.73M | 74.40M | 49.35M |
| EBITDA | 75.11M | 104.12M | 73.39M | -41.61M | 34.14M |
| Net Income | -30.24M | 39.47M | 1.62M | -69.22M | -4.94M |
Balance Sheet | |||||
| Total Assets | 521.24M | 604.96M | 594.43M | 444.76M | 321.65M |
| Cash, Cash Equivalents and Short-Term Investments | 88.35M | 89.43M | 47.32M | 58.22M | 26.83M |
| Total Debt | 138.25M | 150.96M | 63.02M | 55.46M | 55.58M |
| Total Liabilities | 389.34M | 423.77M | 480.03M | 383.30M | 204.77M |
| Stockholders Equity | 131.90M | 181.67M | 113.95M | 59.83M | 116.96M |
Cash Flow | |||||
| Free Cash Flow | 44.77M | 67.18M | 66.25M | 72.60M | 60.35M |
| Operating Cash Flow | 46.52M | 69.38M | 73.22M | 78.40M | 64.46M |
| Investing Cash Flow | -6.62M | -12.89M | -67.58M | -32.23M | -27.82M |
| Financing Cash Flow | -44.68M | -71.76M | -19.39M | -14.79M | -38.24M |
Next Fifteen Communications Technical Analysis
Positive
322.50
Price Trends
251.17
Positive
286.41
Negative
296.22
Negative
Market Momentum
9.44
Negative
69.25
Neutral
90.54
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:NFG, the sentiment is Positive. The current price of 322.5 is above the 20-day moving average (MA) of 254.50, above the 50-day MA of 251.17, and above the 200-day MA of 296.22, indicating a neutral trend. The MACD of 9.44 indicates Negative momentum. The RSI at 69.25 is Neutral, neither overbought nor oversold. The STOCH value of 90.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:NFG.
Next Fifteen Communications Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £232.23M | 10.47 | 6.46% | 3.68% | 2.11% | 818.58% | |
63 Neutral | £266.20M | -13.78 | -4.92% | 6.33% | -11.01% | 92.56% | |
62 Neutral | £81.90M | 4.75 | 6.44% | 4.25% | -0.49% | -9.92% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
58 Neutral | £284.40M | -11.70 | -20.40% | 4.98% | -15.42% | -176.11% | |
55 Neutral | £169.08M | -7.44 | -6.04% | 1.09% | -12.14% | -117.78% | |
49 Neutral | £2.83B | -3.51 | -7.54% | 9.68% | -8.08% | -139.61% |
* Communication Services Sector Average
GB:NFG
Next Fifteen Communications
287.00
21.33
8.03%
GB:SAA
M&C Saatchi plc
143.00
-23.50
-14.11%
GB:YOU
Yougov plc
190.70
-114.35
-37.49%
GB:WPP
WPP
278.70
-292.27
-51.19%
GB:SFOR
S4 Capital Plc
41.85
14.62
53.68%
GB:PEBB
Pebble Group PLC
60.50
27.80
84.99%
Next Fifteen Communications Corporate Events
Business Operations and StrategyDividendsFinancial Disclosures
Next 15 streamlines portfolio and holds margin as restructuring drives reset for growth
Negative
May 7, 2026
Next 15 reported a 6.3% decline in net revenue to £448.8m and an 8.6% fall in adjusted operating profit to £67.6m for the year to 31 January 2026, though margins held broadly steady at 15.1% and net debt edged down to £35.6m. Statut...
Regulatory Filings and Compliance
Next 15 Group Confirms Total Voting Rights and Share Capital
Neutral
May 1, 2026
Next 15 Group plc has confirmed that as of 30 April 2026 its issued share capital comprises 101,028,935 ordinary shares of 2.5p each, with no shares held in treasury. This share count sets the official denominator for investors when calculating wh...
Financial Disclosures
Next 15 Group Sets Date for Full-Year 2026 Preliminary Results
Neutral
Apr 23, 2026
Next 15 Group plc has announced it will publish its preliminary financial results for the year ended 31 January 2026 on 7 May 2026 at 07:00 BST. The timetable confirms when investors and market participants can expect visibility on the group’...
Regulatory Filings and Compliance
Next 15 Group Confirms Updated Voting Rights and Share Capital
Neutral
Apr 1, 2026
Next 15 Group plc has confirmed that as of 31 March 2026 its issued share capital comprises 101,028,935 ordinary shares of 2.5 pence each, with no shares held in treasury. This updated share count provides the reference figure shareholders must us...
Business Operations and StrategyExecutive/Board Changes
Next 15 Names Mark Astaire as Chair Designate Ahead of Leadership Transition
Positive
Mar 10, 2026
Next 15 Group has appointed Mark Astaire as chair designate, succeeding Penny Ladkin-Brand, who will step down after nine years on the board and five years as chair at the July 2026 AGM. Astaire, a former senior investment banker with extensive ca...
Regulatory Filings and Compliance
Next 15 Group Sets Updated Voting Rights Baseline With Share Capital Disclosure
Neutral
Mar 2, 2026
Next 15 Group plc has confirmed that as of 28 February 2026 its issued share capital comprises 101,028,935 ordinary shares of 2.5 pence each, with no shares held in treasury. This updated share count provides the official denominator for investors...
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.