Stelrad Group Plc (SRAD) AI Stock Analysis

• Market Cap: £221.59M
• Dividend Yield: 412.6%
• Average Volume (3M): 154.85K
• Price to Earnings (P/E): 13.4
• Beta (1Y): 0.55
• Revenue Growth: -5.72%
• EPS Growth: 7.10%
• Country: UK
• Employees: 1,405
• Sector: Industrials
• Sector Strength: 89
• Industry: Construction
• EPS (TTM): 0.07
• Shares Outstanding: 127,352,554
• 10 Day Avg. Volume: 259,658
• 30 Day Avg. Volume: 154,850
• PEG Ratio: 0.04
• Price to Book (P/B): 3.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.28
• 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: £181.00
• Price Target Upside: 4.02% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 80 Outperform
• Price Target: 187.00p ▲(7.47%Upside)

Stelrad Group Plc scores well due to solid financial health, strong technical indicators, and fair valuation. The company's profitability and cash management are complemented by positive corporate events, though high leverage and nearing overbought conditions are risks to watch.

Stelrad Group Plc Business Overview & Revenue Model

Company Description

Stelrad Group Plc (SRAD) is a leading manufacturer and distributor in the heating and plumbing sector, specializing in radiators and related heating products. The company operates primarily in the UK and across Europe, providing a wide range of heating solutions to residential, commercial, and industrial markets.

How the Company Makes Money

Stelrad Group Plc generates revenue through the design, manufacture, and sale of a comprehensive range of radiators and heating products. Key revenue streams include sales to wholesalers, retailers, and direct to contractors. The company benefits from its extensive distribution network and significant market presence in the UK and Europe. Stelrad also leverages partnerships with construction companies and real estate developers, ensuring its products are integrated into new building projects. Additionally, the company invests in product innovation and energy-efficient heating solutions, aligning with environmental regulations and consumer demand for sustainable products, which further drives sales and revenue growth.

Stelrad Group Plc Financial Statement Overview

Summary

Stelrad Group Plc exhibits solid financial health with strong profitability and cash flow management. While there is potential risk from high leverage, the company effectively manages its operations to generate consistent returns.

Income Statement

Stelrad Group Plc shows a stable gross profit margin and improving EBIT margin, indicating solid operational efficiency. However, revenue growth has been inconsistent, showing a slight decline in the latest period. Net profit margin remains healthy, suggesting effective cost control.

Balance Sheet

The company maintains a high debt-to-equity ratio, which could pose risks, but the return on equity is strong, indicating effective use of equity financing. The equity ratio is moderate, signaling a balanced capital structure.

Cash Flow

Stelrad Group Plc demonstrates strong free cash flow growth, reflecting efficient capital expenditure management. The operating cash flow to net income ratio is robust, indicating good cash conversion from operations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	290.58M	308.19M	316.31M	272.29M	196.56M
Gross Profit	88.96M	86.85M	80.07M	80.01M	57.19M
EBITDA	42.31M	37.39M	24.20M	33.85M	27.20M
Net Income	16.52M	15.42M	4.31M	14.66M	8.70M
Balance Sheet
Total Assets	220.88M	235.22M	262.40M	179.17M	155.53M
Cash, Cash Equivalents and Short-Term Investments	18.63M	21.44M	22.64M	15.56M	20.07M
Total Debt	85.54M	90.70M	100.03M	64.66M	89.13M
Total Liabilities	163.29M	180.02M	210.95M	152.25M	146.15M
Stockholders Equity	57.59M	55.20M	51.45M	26.91M	9.39M
Cash Flow
Free Cash Flow	19.45M	26.48M	13.49M	12.81M	17.60M
Operating Cash Flow	25.41M	33.57M	23.33M	21.45M	26.24M
Investing Cash Flow	-5.62M	-6.74M	-30.00M	-8.16M	-8.17M
Financing Cash Flow	-21.80M	-27.63M	14.71M	-9.78M	-9.56M

Stelrad Group Plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 174.00
• 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:SRAD, the sentiment is Positive. The current price of 174 is above the 20-day moving average (MA) of 158.78, above the 50-day MA of 147.28, and above the 200-day MA of 139.24, indicating a bullish trend. The MACD of 7.80 indicates Negative momentum. The RSI at 76.95 is Negative, neither overbought nor oversold. The STOCH value of 83.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SRAD.

Stelrad Group Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SRAD	80 Outperform	£221.59M	13.42	29.29%	412.60%	-5.72%	7.10%
EPWN	78 Outperform	£140.76M	8.85	16.03%	423.56%	-6.20%	83.31%
GEN	72 Outperform	£927.39M	27.63	5.24%	433.29%	-4.30%	-13.09%
ECEL	71 Outperform	£158.31M	15.87	9.56%	366.24%	-1.81%	15.19%
NXR	67 Neutral	£246.10M	70.08	1.63%	503.65%	-6.12%	-86.98%
ALU	65 Neutral	£125.21M	13.17	29.95%	200.00%	19.86%	19.09%
Sector *	58 Neutral	HK$13.95B	4.43	-3.01%	7.31%	3.67%	-54.16%

Stelrad Group Plc Corporate Events

Moneta Asset Management Increases Stake in Stelrad Group PLC

Stelrad Group PLC, a UK-based company, has seen a change in its shareholder voting rights structure. Moneta Asset Management SAS, a French management company, has increased its voting rights in Stelrad Group to 5.139343% from a previous position of 4.264856%. This change reflects Moneta’s strategic interest in the company, potentially impacting Stelrad’s decision-making processes and stakeholder dynamics.

The most recent analyst rating on (GB:SRAD) stock is a Buy with a £2.00 price target. To see the full list of analyst forecasts on Stelrad Group Plc stock, see the GB:SRAD Stock Forecast page.

Stelrad Group Plc Director Purchases Shares, Signaling Confidence

Stelrad Group Plc announced a transaction involving the purchase of 2,515 ordinary shares by Katherine Innes Ker, a Non-Executive Director. The transaction, valued at £4,099.45, took place on the London Stock Exchange on 30 June 2025, reflecting a strategic investment by a key figure within the company, potentially signaling confidence in the company’s future performance.

The most recent analyst rating on (GB:SRAD) stock is a Buy with a £2.00 price target. To see the full list of analyst forecasts on Stelrad Group Plc stock, see the GB:SRAD Stock Forecast page.

Stelrad Group Plc Announces Change in Shareholder Structure

Stelrad Group Plc has announced a change in its shareholder structure, with Allianz Global Investors GmbH acquiring a 5.65% voting rights stake in the company. This acquisition could potentially influence the company’s strategic decisions and market positioning, impacting stakeholders and future operations.

The most recent analyst rating on (GB:SRAD) stock is a Buy with a £2.00 price target. To see the full list of analyst forecasts on Stelrad Group Plc stock, see the GB:SRAD Stock Forecast page.

Stelrad Group PLC Director Purchases Shares, Signaling Confidence

Stelrad Group PLC announced a transaction involving Nicola Bruce, a Non-Executive Director, who purchased 7,400 ordinary shares at £1.432 each, totaling £10,596.80. This transaction, conducted on the London Stock Exchange, reflects insider confidence and may influence stakeholder perceptions positively regarding the company’s future prospects.

Stelrad Group Enhances Brokerage Team with New Appointment

Stelrad Group plc has announced the appointment of Singer Capital Markets as a joint corporate broker alongside Investec Bank plc. This strategic move is expected to enhance the company’s market positioning and potentially impact its operations positively by leveraging the expertise of both brokers.

Stelrad Group PLC Secures Shareholder Approval for AGM Resolutions

Stelrad Group PLC announced that all proposed resolutions at its Annual General Meeting on May 21, 2025, were passed. Key resolutions included the approval of the company’s annual report, directors’ remuneration, and the election or re-election of several directors. Additionally, the company declared a final dividend and authorized various corporate actions, such as share allotment and purchase. This successful AGM reflects strong shareholder support and positions Stelrad for continued operational stability and strategic growth.

Stelrad Group Plc Announces Successful AGM Resolutions

Stelrad Group Plc announced the successful passing of all proposed resolutions at its Annual General Meeting held on May 21, 2025. Key resolutions included the approval of the company’s annual report, directors’ remuneration report, and the declaration of a final dividend. The re-election of several directors and the appointment of a new director were also confirmed, alongside the re-appointment of PricewaterhouseCoopers LLP as auditors. These decisions reflect a strong shareholder support and are likely to positively impact the company’s governance and operational strategies.

Stelrad Group Plc Announces Change in Voting Rights

Stelrad Group Plc has announced a change in its voting rights structure following Premier Miton Group plc’s acquisition of additional shares, increasing its voting rights from 4.57% to 5.11%. This development may impact the company’s shareholder dynamics and influence its strategic decisions moving forward.