Pipehawk PLC (GB:PIP)
LSE:PIP
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Pipehawk
(LSE:PIP)
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Rating:44Neutral
Price Target:
2.00 p
▲(29.03% Upside)
Action:ReiteratedDate:03/10/26
The score is driven primarily by weak financial performance (sharp revenue decline, negative profitability, negative equity/high leverage, and deteriorating free cash flow). Technical indicators provide only modest support, while valuation remains challenging due to losses and no stated dividend yield.
Positive Factors
High gross margins
A 95.46% gross margin indicates strong product-level economics for Pipehawk's inspection hardware/software. This durable unit profitability suggests the business can achieve scalable operating leverage if fixed operating costs are controlled, supporting longer-term margin recovery.
Negative Factors
Sharp revenue decline
A near-term revenue collapse of ~44% signals loss of volume or contracts and materially reduces scale benefits. Persisting revenue declines erode fixed-cost coverage, constrain R&D and service investment, and impair the firm's ability to rebuild sales momentum over several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margins
A 95.46% gross margin indicates strong product-level economics for Pipehawk's inspection hardware/software. This durable unit profitability suggests the business can achieve scalable operating leverage if fixed operating costs are controlled, supporting longer-term margin recovery.
Read all positive factors
Pipehawk (PIP) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£744.41K
Dividend YieldN/A
Average Volume (3M)58.31K
Price to Earnings (P/E)―
Beta (1Y)0.69
Revenue Growth-59.04%
EPS Growth84.76%
CountryUK
Employees108
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)N/A
Shares Outstanding36,312,824
10 Day Avg. Volume96,663
30 Day Avg. Volume58,306
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)-0.10
Price to Sales (P/S)0.16
P/FCF Ratio6.16
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)N/A
Revenue Forecast (FY)N/A
Pipehawk Business Overview & Revenue Model
Company Description
Pipehawk (PIP) is a UK-based technology company specializing in the provision of innovative solutions for the utility and infrastructure sectors. The company focuses on developing advanced systems for pipeline inspection, monitoring, and maintenan...
How the Company Makes Money
Pipehawk generates revenue primarily through the sale of its specialized inspection equipment and software solutions. The company also earns income from service contracts that involve the deployment of its technology for inspections and maintenanc...
Pipehawk Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
30
Negative
Cash Flow
40
Negative
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.74M | 9.14M | 6.47M | 6.19M | 6.67M |
| Gross Profit | 3.57M | 3.90M | 1.96M | 2.55M | 3.73M |
| EBITDA | 288.00K | -596.00K | -2.32M | -888.00K | 449.00K |
| Net Income | -259.00K | -1.69M | -2.48M | -868.00K | 522.00K |
Balance Sheet | |||||
| Total Assets | 1.64M | 1.93M | 7.74M | 8.18M | 5.79M |
| Cash, Cash Equivalents and Short-Term Investments | 15.00K | 95.00K | 148.00K | 4.00K | 920.00K |
| Total Debt | 7.06M | 6.71M | 7.80M | 8.29M | 5.36M |
| Total Liabilities | 8.03M | 8.20M | 13.19M | 11.14M | 8.01M |
| Stockholders Equity | -6.39M | -6.27M | -5.45M | -2.97M | -2.22M |
Cash Flow | |||||
| Free Cash Flow | 99.00K | -280.00K | 1.20M | -1.16M | 937.00K |
| Operating Cash Flow | 117.00K | -230.00K | 1.31M | -833.00K | 1.07M |
| Investing Cash Flow | -18.00K | -50.00K | -111.00K | -325.00K | -88.00K |
| Financing Cash Flow | -179.00K | 227.00K | -1.06M | 242.00K | -309.00K |
Pipehawk Technical Analysis
Positive
1.55
Price Trends
2.02
Positive
1.79
Positive
1.67
Positive
Market Momentum
-0.04
Negative
55.08
Neutral
78.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PIP, the sentiment is Positive. The current price of 1.55 is below the 20-day moving average (MA) of 2.00, below the 50-day MA of 2.02, and below the 200-day MA of 1.67, indicating a bullish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 55.08 is Neutral, neither overbought nor oversold. The STOCH value of 78.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PIP.
Pipehawk Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £65.18M | 3.57 | 22.93% | ― | 36.61% | ― | |
70 Neutral | £66.93M | 12.03 | 9.07% | ― | 7.36% | 31.93% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
52 Neutral | £4.13M | -15.68 | ― | ― | ― | ― | |
44 Neutral | £744.41K | -2.36 | ― | ― | -59.04% | 84.76% | |
41 Neutral | £2.41M | -1.02 | ― | ― | -1.05% | -8.05% | |
39 Underperform | £29.39M | -21.06 | -12.60% | ― | -14.81% | -1362.50% |
* Technology Sector Average
GB:PIP
Pipehawk
2.05
0.45
28.12%
GB:KMK
Kromek Group plc
9.95
4.55
84.26%
GB:SDI
SDI Group
64.00
13.50
26.73%
GB:WPHO
Windar Photonics
30.50
-10.00
-24.69%
GB:TRAC
t42 IoT Tracking Solutions PLC
3.30
1.20
57.14%
GB:LST
Light Science Technologies Holdings plc
1.28
-2.68
-67.72%
Pipehawk Corporate Events
Business Operations and StrategyFinancial DisclosuresLegal Proceedings
PipeHawk weighs administration for key unit Adien after cash squeeze
Negative
Mar 9, 2026
PipeHawk plc has warned that its subsidiary Adien Ltd is under severe financial pressure after project delays, extreme winter weather and the non-payment of a debt of more than £100,000 hit profitability and cash flow. The situation has been ...
Business Operations and StrategyM&A TransactionsRegulatory Filings and Compliance
PipeHawk delays Utsi Electronics sale amid national security review
Negative
Mar 2, 2026
PipeHawk plc has extended the long-stop date for the proposed sale of its subsidiary Utsi Electronics Limited to 30 April 2026, allowing more time to satisfy requirements under the UK National Security and Investment Act 2021. The company cautione...
Business Operations and StrategyFinancial DisclosuresM&A TransactionsRegulatory Filings and Compliance
PipeHawk to Sell Loss-Making Utsi Electronics for £1m to Leidi Global Supply
Neutral
Dec 24, 2025
PipeHawk plc has agreed a binding conditional sale and purchase agreement to dispose of its entire shareholding in subsidiary Utsi Electronics Limited to Hong Kong-based Leidi Global Supply Limited for £1.0 million in cash. The deal, which in...
Business Operations and StrategyShareholder Meetings
PipeHawk Secures Shareholder Backing as All AGM Resolutions Pass
Positive
Dec 18, 2025
PipeHawk plc reported that all resolutions put to shareholders at its annual general meeting on 18 December 2025 were duly passed, indicating solid shareholder support for the board’s proposals. The company will shortly publish the detailed ...
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.