Public Policy Holding Co., Inc. (PPHC) AI Stock Analysis

• Market Cap: £197.38M
• Dividend Yield: 3.32%
• Average Volume (3M): 81.86K
• Price to Earnings (P/E): ―
• Beta (1Y): <0.01
• Revenue Growth: 7.76%
• EPS Growth: -60.70%
• Country: UK
• Employees: 367
• Sector: Industrials
• Sector Strength: 86
• Industry: Specialty Business Services
• EPS (TTM): -0.09
• Shares Outstanding: 124,532,020
• 10 Day Avg. Volume: 188,273
• 30 Day Avg. Volume: 81,858
• PEG Ratio: 0.30
• Price to Book (P/B): 2.50
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.20
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 0.34
• Enterprise Value/Gross Profit: 1.26
• Enterprise Value/Ebitda: -24.93
• 1Y Price Target: £250.00
• Price Target Upside: 57.73% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: 163.00p ▲(2.84%Upside)

The overall stock score is driven primarily by strong technical indicators and positive corporate events, indicating bullish sentiment and strategic growth confidence. However, financial performance and valuation concerns, particularly the negative profitability metrics and high leverage, weigh on the score.

Positive Factors

Acquisitions

The acquisitions of LPA, Pagefield, and TrailRunner represent a major step forward in the group's goal to build a global, integrated advisory platform.

Financial Performance

PPHC remains highly cash generative and retains a strong balance sheet.

New Leadership

The appointment of John Green as Chief Client Officer will accelerate the group's cross-referral programme and enhance organic revenue growth.

Negative Factors

Growth Challenges

Management's ambitions to achieve $500m in revenues highlight significant opportunities but also underline potential challenges in execution.

Public Policy Holding Co., Inc. Business Overview & Revenue Model

Company Description

Public Policy Holding Company, Inc. provides public policy advocacy, communications, and related advisory services. It operates in two segments, Lobbying Consulting and Public Affairs Consulting. The Lobbying Consulting segment offers federal and state advocacy, strategic guidance, political intelligence, and issue monitoring services. The Public Affairs Consulting segment provides crisis communications, community relations, social and digital podcasting, public opinion research, branding and messaging, relationship marketing, and litigation support. The company was founded in 2014 and is headquartered in Washington, the District of Columbia.

How the Company Makes Money

PPHC earns revenue primarily through consulting fees for its government relations and public affairs services. The company charges clients for access to its expertise in lobbying, strategic communications, and policy advisory, which are tailored to each client's specific needs and objectives. Key revenue streams include long-term retainer agreements with clients, project-based fees, and performance-based incentives tied to the successful achievement of legislative or regulatory goals. Partnerships with industry associations and strategic alliances with other consulting firms may also contribute to its earnings by expanding its service offerings and client base.

Public Policy Holding Co., Inc. Financial Statement Overview

Summary

Public Policy Holding Co., Inc. shows a mixed financial performance. While there is strong revenue growth, the company faces persistent profitability challenges with negative net income and high debt levels. The balance sheet is somewhat stable but leveraged, and cash flow generation is positive yet volatile. Overall, there is a need for improved cost management and financial stability.

Income Statement

The company has shown revenue growth over the years, with a consistent increase in total revenue from 2019 to 2024. However, the profitability metrics are concerning, as the company has reported negative net income throughout the years, indicating persistent losses. The gross profit margin is relatively healthy, but negative EBIT and EBITDA margins highlight operational inefficiencies and challenges in managing costs.

Balance Sheet

The balance sheet shows a stable equity base with an increasing trend in stockholders' equity over the years. However, the debt level is relatively high, leading to a concerning debt-to-equity ratio. The company maintains a reasonable level of cash and cash equivalents, providing some liquidity cushion, but the high total liabilities could pose risks to financial stability.

Cash Flow

Operating cash flow remains positive and relatively stable, indicating decent cash generation from core operations. Free cash flow is also positive, which is a good sign of financial health. However, the fluctuation in free cash flow growth and high capital expenditures in some years reflect potential volatility in managing cash flow effectively.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	149.56M	134.99M	108.81M	99.34M	77.48M
Gross Profit	149.56M	51.03M	45.55M	17.75M	10.81M
EBITDA	-6.63M	1.94M	-1.85M	-18.75M	3.33M
Net Income	-23.96M	-14.24M	-15.01M	-24.26M	-1.22M
Balance Sheet
Total Assets	174.46M	147.69M	122.04M	102.03M	90.73M
Cash, Cash Equivalents and Short-Term Investments	14.54M	14.34M	21.20M	18.04M	6.14M
Total Debt	53.68M	35.79M	18.93M	18.87M	19.87M
Total Liabilities	93.21M	65.62M	46.06M	39.28M	32.06M
Stockholders Equity	81.25M	82.07M	75.99M	62.75M	58.67M
Cash Flow
Free Cash Flow	16.35M	21.37M	20.68M	4.60M	5.81M
Operating Cash Flow	16.40M	21.60M	20.68M	4.64M	5.83M
Investing Cash Flow	-19.49M	-23.23M	-11.91M	-36.63K	-23.91K
Financing Cash Flow	3.34M	-5.24M	-5.60M	7.29M	-707.85K

Public Policy Holding Co., Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 158.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PPHC, the sentiment is Positive. The current price of 158.5 is above the 20-day moving average (MA) of 145.32, above the 50-day MA of 138.68, and above the 200-day MA of 132.76, indicating a bullish trend. The MACD of 5.80 indicates Negative momentum. The RSI at 99.32 is Negative, neither overbought nor oversold. The STOCH value of 92.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PPHC.

Public Policy Holding Co., Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KGH	77 Outperform	£167.34M	14.69	11.37%	1.80%	5.40%	19.01%
KEYS	73 Outperform	£193.48M	22.51	45.84%	4.07%	12.22%	7.48%
CPI	69 Neutral	£387.02M	5.00	49.03%	―	-10.33%	―
RST	68 Neutral	£358.06M	28.61	5.32%	2.90%	-0.65%	―
Sector *	65 Neutral	$10.77B	15.80	5.51%	1.90%	3.03%	-26.66%
BEG	64 Neutral	£174.90M	71.57	3.11%	2.56%	13.88%	512.00%
PPHC	63 Neutral	£197.38M	―	-28.97%	3.32%	7.76%	-60.70%

Public Policy Holding Co., Inc. Corporate Events

Public Policy Holding Co. Grants Options and RSUs to Employees

Public Policy Holding Company, Inc. has announced the granting of options and restricted stock units (RSUs) to its employees, including directors and senior management, under its 2021 Omnibus Incentive Plan. A total of 312,940 options and 2,492,660 RSUs have been issued, with vesting periods and conditions tied to employment continuity and compliance. This move is part of the company’s strategy to incentivize and retain key personnel, potentially impacting its operational stability and stakeholder confidence.

The most recent analyst rating on (GB:PPHC) stock is a Buy with a £240.00 price target. To see the full list of analyst forecasts on Public Policy Holding Co., Inc. stock, see the GB:PPHC Stock Forecast page.

Public Policy Holding Co. Expands Share Capital with New Issuance

Public Policy Holding Company, Inc. has announced the issuance of 1,797,831 new Common Shares, including shares related to the acquisition of KP Public Affairs and vested Restricted Stock Units (RSUs) for employees and directors. This move, part of the company’s 2021 Omnibus Incentive Plan, aims to align employee interests with shareholders and enhance the company’s market presence. The new shares will be admitted to trading on AIM, increasing the total issued share capital to 124,532,022 Common Shares, which may impact shareholder calculations and notifications.

The most recent analyst rating on (GB:PPHC) stock is a Buy with a £240.00 price target. To see the full list of analyst forecasts on Public Policy Holding Co., Inc. stock, see the GB:PPHC Stock Forecast page.

PPHC Successfully Passes All Resolutions at AGM

Public Policy Holding Company, Inc. announced that all resolutions were passed at its Annual General Meeting, including the adoption of the Annual Report and the appointment of Forvis Mazars, LLP as auditors. The re-election of directors Stewart Hall, Kimberly White, and Keenan Austin was also confirmed. This successful AGM reflects PPHC’s stable governance and continued strategic focus, potentially strengthening its position in the industry and reassuring stakeholders of its robust operational framework.

The most recent analyst rating on (GB:PPHC) stock is a Buy with a £240.00 price target. To see the full list of analyst forecasts on Public Policy Holding Co., Inc. stock, see the GB:PPHC Stock Forecast page.

PPHC Announces Share Adjustments Following Employee Departures

Public Policy Holding Company, Inc. announced the forfeiture of 13,150 shares following the departure of two employees, alongside the vesting of 10,000 Restricted Stock Units (RSUs) for another departing employee. The company has applied for the cancellation of the forfeited shares and the admission of new shares to trading on AIM, expected to commence on May 1, 2025. This adjustment will result in a total issued share capital of 122,734,191 common shares, impacting shareholder calculations regarding their interests in the company’s securities.

PPHC Publishes AGM Notice and Annual Report for 2024

Public Policy Holding Company, Inc. has announced the publication of its Notice of Annual General Meeting (AGM) and Annual Report for the year ending December 31, 2024. The AGM is scheduled for May 15, 2025, in London, and the Annual Report is now available on the company’s website. This announcement underscores PPHC’s commitment to transparency and regulatory compliance, potentially reinforcing its market position and stakeholder trust.

PPHC Share Purchase by Chairman’s Associate Signals Confidence

Public Policy Holding Company, Inc. announced that Fiona Lee, closely associated with the Non-Executive Chairman Simon Lee, purchased 73,870 common shares at 133 pence each, increasing her total holdings to 323,694 shares. This transaction represents approximately 0.26% of the company’s issued capital, potentially indicating confidence in the company’s strategic direction and future growth prospects.

PPHC Recognized in Bloomberg’s Top-Performing Lobbying Firms Report

Public Policy Holding Company, Inc. (PPHC) has been recognized in Bloomberg Government’s 2024 Top-Performing Lobbying Firms report, with three of its U.S.-based firms—Crossroads Strategies, Forbes Tate Partners, and Alpine Group—highlighted for their growth and performance. This recognition underscores PPHC’s position as a leading provider of federal lobbying services, reflecting the company’s strength in navigating complex policy landscapes and its impact on the advocacy industry, which saw federal lobbying reach a record high of $4.5 billion in 2024.

Public Policy Holding Co., Inc. Announces Major Holdings Change

Public Policy Holding Company, Inc. has announced a change in its major holdings, as Rhoderick M. Shaw has acquired a significant portion of voting rights, now holding 4.16%. This acquisition may impact the company’s governance and strategic direction, potentially influencing its market positioning and stakeholder relations.

Public Policy Holding Co. Announces Major Shareholding Change

Public Policy Holding Company, Inc., a non-UK issuer, has announced a change in its major holdings. AG Holdings, Inc., formerly known as The Alpine Group, Inc., has reduced its voting rights in the company to 0% from a previous position of 3.72%. This change, effective from April 17, 2025, indicates a significant shift in the company’s shareholder structure, potentially impacting its governance and strategic direction.