STV Group plc (STVG) AI Stock Analysis

• Market Cap: £53.73M
• Dividend Yield: 9.87%
• Average Volume (3M): 174.00K
• Price to Earnings (P/E): 10.3
• Beta (1Y): 1.09
• Revenue Growth: 2.23%
• EPS Growth: -25.75%
• Country: UK
• Employees: 643
• Sector: Communication Services
• Sector Strength: 97
• Industry: Broadcasting
• EPS (TTM): 0.07
• Shares Outstanding: 46,722,500
• 10 Day Avg. Volume: 91,985
• 30 Day Avg. Volume: 174,004
• PEG Ratio: 0.07
• Price to Book (P/B): -53.27
• Price to Sales (P/S): 0.54
• P/FCF Ratio: 13.86
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: 121.00p ▲(5.68% Upside)

The score is held back primarily by financial risk from persistent negative equity and rising debt despite the 2024 earnings recovery and positive cash flow. Valuation is a clear positive (low P/E and high dividend yield), while technicals are broadly neutral with mixed moving-average signals. Corporate updates are modestly supportive but secondary.

Positive Factors

Revenue Growth

The 12% revenue growth indicates robust demand for STV's offerings, enhancing its market position and supporting long-term financial stability.

Strategic Partnerships

This partnership expands STV Player's content offering, potentially increasing subscriber base and revenue, aligning with long-term growth strategies.

Profitability Improvements

Improved margins reflect operational efficiency and cost management, supporting sustainable profitability and competitive advantage.

Negative Factors

High Leverage

High leverage and negative equity pose solvency risks, potentially limiting financial flexibility and impacting long-term growth capabilities.

Shareholder Dissent

Shareholder dissent could signal governance issues or dissatisfaction with management, potentially affecting strategic decisions and investor confidence.

Low Operating Cash Flow

Low operating cash flow may constrain the company's ability to fund operations and growth initiatives, impacting long-term financial health.

STV Group plc Business Overview & Revenue Model

Company Description

STV Group plc, together with its subsidiaries, produces and broadcasts television programs in the United Kingdom. The company operates through Broadcast, Digital, Studios, and Other segments. It offers news, information, and entertainment programs. The company delivers its content on air, online, and on demand. It also provides internet services; and sells advertising airtime and space in its media. The company was incorporated in 2000 and is based in Glasgow, the United Kingdom.

How the Company Makes Money

STV Group plc generates revenue through multiple streams, primarily from advertising sales on its television and digital platforms. Television advertising is a significant revenue driver, with the STV Channel attracting advertisers looking to reach audiences in Scotland. The company also monetizes its digital content through the STV Player, which offers opportunities for targeted advertising and subscription-based services. Additionally, STV Productions contributes to the company’s earnings by producing and selling original content to broadcasters and streaming services worldwide. Strategic partnerships and collaborations with other media entities further enhance its revenue potential, leveraging content distribution and shared advertising initiatives.

STV Group plc Financial Statement Overview

Summary

Income statement is recovering in 2024 with sharply improved margins versus 2023, and cash flow is positive (2024 operating CF 8.7m; FCF 7.3m). However, results and cash generation are volatile across years, and the balance sheet is the key weakness with persistent negative equity and rising debt (53.0m in 2022 to 67.2m in 2024).

Income Statement

Profitability rebounded in 2024, with revenue up to 188.0m and margins improving sharply versus 2023 (gross margin ~45.6% vs ~25.5%; net margin ~5.7% vs ~2.7%). However, longer-term results are volatile: 2021–2022 were meaningfully more profitable (net margins ~12–13%), while 2023 saw a sharp reset in earnings power. Overall, the income statement shows recovery momentum but uneven consistency across years.

Balance Sheet

Leverage risk is elevated because shareholders’ equity is negative in every year shown (e.g., -1.9m in 2024), which makes the capital structure structurally weak and ratio signals like debt-to-equity less meaningful/unstable. Total debt is sizeable and has risen from 53.0m (2022) to 67.2m (2024), limiting financial flexibility despite growing assets. The key strength is that equity has improved significantly from deeply negative levels in 2019–2021, but it remains below zero.

Cash Flow

Cash generation is positive in the most recent two years (operating cash flow 8.7m and free cash flow 7.3m in 2024), indicating the business can convert earnings into cash in the latest period. That said, free cash flow declined sharply in 2024 versus 2023 (down ~57.6%), and 2022 showed negative operating and free cash flow, highlighting variability and execution risk. Overall cash flow trends are improving from the 2022 trough but lack steady, reliable growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	187.60M	188.00M	168.40M	137.80M	144.50M	107.10M
Gross Profit	45.60M	85.70M	42.90M	48.20M	47.90M	42.30M
EBITDA	15.80M	22.80M	10.90M	28.70M	27.70M	13.40M
Net Income	5.10M	10.80M	4.50M	17.50M	19.40M	7.60M
Balance Sheet
Total Assets	174.20M	169.70M	153.90M	154.50M	122.60M	96.30M
Cash, Cash Equivalents and Short-Term Investments	10.90M	11.10M	13.90M	18.30M	14.70M	5.20M
Total Debt	65.20M	67.20M	65.30M	53.00M	35.30M	33.50M
Total Liabilities	190.30M	182.60M	166.50M	162.80M	148.50M	126.20M
Stockholders Equity	-4.80M	-1.90M	-7.50M	-8.00M	-25.80M	-29.80M
Cash Flow
Free Cash Flow	900.00K	7.30M	2.60M	-5.20M	19.70M	7.50M
Operating Cash Flow	2.90M	8.70M	3.80M	-1.30M	22.60M	9.60M
Investing Cash Flow	-3.70M	-6.90M	-13.90M	-7.20M	800.00K	-3.20M
Financing Cash Flow	-7.30M	0.00	8.10M	5.10M	-13.90M	-7.40M

STV Group plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 114.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:STVG, the sentiment is Positive. The current price of 114.5 is above the 20-day moving average (MA) of 114.04, above the 50-day MA of 109.76, and below the 200-day MA of 135.55, indicating a neutral trend. The MACD of 0.77 indicates Positive momentum. The RSI at 53.40 is Neutral, neither overbought nor oversold. The STOCH value of 57.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:STVG.

STV Group plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PEBB	73 Outperform	£75.61M	13.75	7.09%	4.25%	1.24%	7.54%
ITV	73 Outperform	£3.03B	16.65	10.46%	6.17%	-3.07%	-54.90%
CAN	67 Neutral	£3.11B	-26.07	-5.19%	0.65%	0.88%	-133.77%
RCH	65 Neutral	£201.66M	4.04	7.38%	11.37%	-4.44%	19.95%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
STVG	57 Neutral	£53.73M	10.30	―	9.87%	2.23%	-25.75%
CAU	56 Neutral	£64.05M	-5.98	-32.35%	4.09%	-13.72%	-361.92%

STV Group plc Corporate Events

STV Group Strengthens Board with New Appointment

STV Group plc has announced the appointment of Gillian Kent as a Non-Executive Director and Senior Independent Director. She will also join several key committees, including the Nomination, Remuneration, Audit & Risk, and ESG Committees, effective from December 10, 2025. This strategic addition to the board is expected to enhance the company’s governance and oversight capabilities, potentially impacting its operational effectiveness and stakeholder confidence.

STV Group Appoints New Joint Corporate Brokers

STV Group plc has announced the appointment of Singer Capital Markets and Cavendish Capital Markets as its Joint Corporate Brokers. This strategic move is expected to enhance the company’s financial advisory capabilities, potentially impacting its market positioning and stakeholder relations positively.

STV Group Announces Strategic Board Changes Amid Industry Shifts

STV Group plc has announced significant changes to its Board of Directors. Aki Mandhar has stepped down as a Non-Executive Director to focus on her executive career, while Colin Jones will not seek re-election in 2026 and has stepped down from certain roles. Gillian Kent has been appointed as a Non-Executive Director and Senior Independent Director, bringing extensive experience in digital and technology-led businesses to the board. These changes are part of STV’s strategy to navigate the evolving media landscape, with Chairman Clive Whiley expressing confidence in the new appointments to guide the company through industry challenges.

STV Group Announces Leadership Transition with New Chairman Appointment

STV Group plc, a prominent player in the media industry, has announced a significant change in its board leadership. Paul Reynolds has stepped down as Non-Executive Director and Chairman, effective 18 November 2025, and Clive Whiley has been appointed as his successor. This transition is part of the company’s strategic efforts to continue its growth and development under new leadership, with Whiley also taking on roles in the Nomination and ESG Committees.