Portmeirion (PMP) AI Stock Analysis

• Market Cap: £20.98M
• Dividend Yield: 2.3%
• Average Volume (3M): 7.13K
• Price to Earnings (P/E): 61.0
• Beta (1Y): -0.17
• Revenue Growth: -11.22%
• EPS Growth: N/A
• Country: UK
• Employees: 659
• Sector: Consumer Cyclical
• Sector Strength: 74
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 0.03
• Shares Outstanding: 13,993,805
• 10 Day Avg. Volume: 6,578
• 30 Day Avg. Volume: 7,132
• PEG Ratio: 0.64
• Price to Book (P/B): 0.41
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -40.32
• 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

• Rating: 58 Neutral
• Price Target: ―

Portmeirion's overall stock score reflects its mixed financial performance, where a strong balance sheet is offset by income and cash flow volatility. Technical indicators suggest potential stability with some upward momentum. However, the high P/E ratio raises valuation concerns. Insider buying provides positive sentiment, but overall, investors should be cautious due to financial and valuation risks.

Portmeirion Business Overview & Revenue Model

Company Description

Portmeirion Group PLC manufactures, markets, and distributes ceramics, home fragrances, and associated homeware products in the United Kingdom, the United States, South Korea, and internationally. It offers tableware, cookware, giftware, glassware, and tabletop accessories under the Portmeirion, Spode, Wax Lyrical, Royal Worcester, Nambé, and Pimpernel brand names. The company provides placemats, coasters, bone china and porcelain tableware, wood, glass and metal alloy giftware, and other products. It is also involved in property business. The company sells its products directly to retailers and independent stores through a network of agents and distributors, as well as through its own retail shops and Websites. Portmeirion Group PLC was incorporated in 1912 and is headquartered in Stoke-on-Trent, the United Kingdom.

How the Company Makes Money

Portmeirion Group PLC generates revenue primarily through the sale of its branded homeware and tabletop products. The company distributes its products globally via multiple channels, including direct sales through its own retail outlets and e-commerce platforms, as well as wholesale distribution to department stores, specialty retailers, and online marketplaces. Key revenue streams include the sale of ceramic tableware, home fragrance products, and associated accessories. The company also benefits from strategic partnerships and licensing agreements that expand its brand presence and product offerings in international markets. Additionally, Portmeirion leverages seasonal and holiday demand periods to boost sales, alongside ongoing product innovation and expansion into new markets to sustain growth.

Portmeirion Financial Statement Overview

Summary

Portmeirion exhibits a mixed financial health profile. While the balance sheet remains relatively strong with a robust equity ratio, the income statement and cash flow metrics reveal volatility and potential liquidity concerns. The company needs to focus on stabilizing its revenue streams and improving cash flow management to enhance long-term financial stability.

Income Statement

The company has experienced volatility in its revenue growth, with a noticeable decline in the most recent year. Gross and net profit margins have also been under pressure, with the net profit margin turning negative in 2023 and slightly recovering in 2024. The EBIT and EBITDA margins have shown fluctuations, indicating potential operational challenges. These factors suggest moderate performance with potential risks in profitability and revenue generation.

Balance Sheet

Portmeirion has maintained a stable equity base, although the debt-to-equity ratio has increased, indicating a higher leverage position. The return on equity has been inconsistent, reflecting the company's fluctuating profitability. However, the equity ratio remains healthy, suggesting a solid asset base relative to equity. Overall, the balance sheet shows resilience but with increased leverage risk.

Cash Flow

The company's cash flow generation has been unstable, with operating cash flow significantly declining in the latest period. Free cash flow has also turned negative, indicating potential liquidity challenges. The ratios of operating and free cash flow to net income highlight inefficiencies in cash conversion from earnings. These factors point to challenges in cash flow sustainability and liquidity management.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
91.21M	102.74M	110.82M	106.02M	87.85M
	Gross Profit
48.77M	56.70M	62.53M	59.66M	46.04M
	EBIT
2.02M	-6.74M	7.63M	6.41M	2.13M
	EBITDA
6.32M	-2.31M	12.43M	10.80M	5.10M
	Net Income Common Stockholders
344.00K	-8.46M	5.55M	3.24M	-735.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
10.90M	888.00K	1.68M	7.62M	11.59M
	Total Assets
102.39M	88.65M	104.50M	94.57M	89.93M
	Total Debt
29.92M	16.62M	18.12M	13.77M	18.16M
	Net Debt
19.03M	15.73M	16.44M	6.15M	6.57M
	Total Liabilities
46.83M	33.66M	37.82M	32.62M	34.22M
	Stockholders Equity
55.56M	54.99M	66.68M	61.95M	55.71M
Cash Flow		Free Cash Flow
-1.63M	6.67M	-6.27M	1.15M	4.45M
	Operating Cash Flow
6.00K	9.60M	-240.00K	6.50M	7.20M
	Investing Cash Flow
-1.64M	-2.92M	-6.58M	-4.56M	-3.28M
	Financing Cash Flow
11.65M	-7.38M	670.00K	-5.93M	6.52M

Portmeirion Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 152.50
• 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:PMP, the sentiment is Negative. The current price of 152.5 is below the 20-day moving average (MA) of 162.22, below the 50-day MA of 164.37, and below the 200-day MA of 186.52, indicating a bearish trend. The MACD of -2.96 indicates Positive momentum. The RSI at 25.07 is Positive, neither overbought nor oversold. The STOCH value of 21.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:PMP.

Portmeirion Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ULTP	74 Outperform	£64.31M	9.29	14.20%	8.55%	-7.42%	-42.84%
CFX	73 Outperform	£48.03M	8.78	18.68%	0.69%	2.96%	9.77%
SDG	68 Neutral	£31.32M	6.71	-19.63%	7.47%	-7.45%	-51.68%
Sector *	62 Neutral	$6.90B	11.24	2.93%	3.89%	2.68%	-24.71%
PMP	58 Neutral	£20.98M	61.00	0.62%	2.30%	-11.22%	―
CHH		£74.79M	11.75	10.50%	5.80%	―	―
LIKE		£58.69M	75.00	1.96%	1.56%	―	―

Portmeirion Corporate Events

Portmeirion Executives Exercise Share Options

Portmeirion Group PLC announced that several executive directors and senior employees exercised options over Ordinary Shares as part of the 2018 Deferred Incentive Share Option Plan. This transaction involved the transfer of 27,649 Ordinary Shares from treasury, impacting the total number of shares with voting rights. This exercise of options reflects internal movements within the company and may influence shareholder calculations under the FCA’s Disclosure and Transparency Rules.

Portmeirion Group PLC Publishes 2024 Annual Report and Announces 2025 AGM

Portmeirion Group PLC has released its Annual Report and Accounts for the year ending 31 December 2024 and announced its 2025 Annual General Meeting to be held on 20 May 2025. The publication of these documents provides shareholders with insights into the company’s financial performance and strategic direction, reinforcing its commitment to transparency and stakeholder engagement.

Portmeirion Chairman Increases Stake in Company

Portmeirion Group PLC announced that its Non-Executive Chairman, Peter Tracey, has purchased 10,000 ordinary shares at £1.7950 per share, increasing his total shareholding to 140,000 shares, which represents approximately 1.00% of the company’s issued share capital. This transaction, conducted through Hurtwood Capital Limited, part of the Tracey Family Office, signifies a vote of confidence in the company’s future prospects and may influence stakeholder perception positively.

Portmeirion Executives Increase Shareholdings, Signaling Confidence

Portmeirion Group PLC announced that its Chief Executive, Mike Raybould, and Non-Executive Director, Jeremy Wilson, have purchased additional shares in the company. Raybould acquired 5,030 shares, while Wilson purchased 1,000 shares, reflecting their confidence in the company’s future prospects. These transactions slightly increase their respective stakes in the company, with Raybould now holding approximately 0.12% and Wilson 0.01% of the issued share capital. Such insider buying often signals positive sentiment about the company’s future performance, potentially influencing investor perceptions and market positioning.

Portmeirion Chairman Increases Stake with Significant Share Purchase

Portmeirion Group PLC announced that its Non-Executive Chairman, Peter Tracey, has purchased 100,000 ordinary shares of the company at a price of £1.72875 per share. This transaction increases his total shareholding to 130,000 shares, representing approximately 0.93% of the company’s issued share capital. This move may indicate confidence in the company’s future prospects and could have implications for investor sentiment.

Portmeirion’s Chairman Increases Stake in Company

Portmeirion Group PLC announced that its Non-Executive Chairman, Peter Tracey, has purchased 30,000 ordinary shares at a price of £1.57188 per share, representing approximately 0.21% of the company’s issued share capital. This transaction, conducted through Hurtwood Capital Limited, part of the Tracey Family Office, may indicate confidence in the company’s future prospects and could potentially impact investor perceptions and market positioning.

Portmeirion Group Faces Challenges in 2024, Eyes Strategic Growth in 2025

Portmeirion Group PLC reported a challenging year in 2024 with an 11% decline in revenue to £91.2 million, primarily due to a significant downturn in the South Korean market. Despite this, the company saw growth in its Spode and Wax Lyrical brands and improved profitability in the US. The company is focusing on strategic priorities to restore growth, strengthen its balance sheet, and expand into new markets. The year 2025 has started positively, with cautious optimism for future growth amid a challenging economic environment.

Portmeirion Group to Announce 2024 Financial Results and Host Investor Presentation

Portmeirion Group PLC will announce its preliminary financial results for the year ending December 31, 2024, on March 31, 2025. The company will host a live investor presentation on April 2, 2025, led by Chief Executive Mike Raybould and Group Finance Director Jonathan Hill. This presentation, accessible via the Investor Meet Company platform, is open to all existing and potential shareholders, allowing them to submit questions and gain insights into the group’s performance and future outlook.