tiprankstipranks
Trending News
More News >
Tekmar Group (GB:TGP)
:TGP
Advertisement

Tekmar Group plc (TGP) AI Stock Analysis

Compare
3 Followers

Top Page

GB:TGP

Tekmar Group plc

(LSE:TGP)

Select Model
Select Model
Select Model
Neutral 47 (OpenAI - 4o)
Rating:47Neutral
Price Target:
5.50p
▼(-4.35% Downside)
The overall stock score of 47 reflects significant financial challenges, particularly in profitability and cash flow, which are the most impactful factors. The technical analysis suggests a bearish trend with some potential for upward movement, while the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. No earnings call or corporate events data were available to influence the score.

Tekmar Group plc (TGP) vs. iShares MSCI United Kingdom ETF (EWC)

Tekmar Group plc Business Overview & Revenue Model

Company DescriptionTekmar Group plc, together with its subsidiaries, designs, develops, manufactures, installs, and sells subsea stability and protection solutions to offshore energy markets. The company offers subsea cable, and umbilical and flexible pipe protection systems; subsea engineering consulting services; and geotechnical design and consulting services, such as offshore structure foundation design, geohazard assessment, and subsea cable routing and burial assessment, as well as project management services. It also designs, manufactures, and supplies equipment handling systems, emergency pipeline repair clamps, and equipment for use in the construction of offshore energy projects. The company offers its products for subsea cable, rigid and flexible pipeline, umbilical, seabed, vessel back deck, and structural applications. It serves offshore wind, oil and gas, interconnector, wave and tidal, marine civil, and telecom sectors in the United Kingdom, the European Union, the Middle East, Africa, North America, South America, the Asia Pacific, and China. The company was founded in 1985 and is headquartered in Darlington, the United Kingdom.
How the Company Makes MoneyTekmar Group generates revenue primarily through the sale of its specialized products and services to clients in the offshore wind and subsea cable sectors. The company's revenue model is based on a combination of direct sales, project-based contracts, and long-term service agreements. Key revenue streams include the manufacture and supply of cable protection systems and other subsea infrastructure components, as well as consulting and project management services for the deployment of renewable energy projects. Significant partnerships with major energy companies and participation in large-scale renewable energy projects also contribute to its earnings, as these collaborations can lead to substantial contracts and ongoing service agreements.

Tekmar Group plc Financial Statement Overview

Summary
Tekmar Group plc is facing significant financial challenges, particularly in terms of profitability and cash flow generation. While the company has managed to improve its gross profit margin, it continues to struggle with negative net income and cash flow issues. The balance sheet remains relatively stable with low leverage, but the negative return on equity underscores the need for improved operational performance.
Income Statement
45
Neutral
Tekmar Group plc has shown a declining revenue trend with a negative revenue growth rate of -14.57% in the most recent year. The gross profit margin improved to 32.06%, indicating better cost management. However, the company continues to face profitability challenges with a negative net profit margin of -19.55% and negative EBIT and EBITDA margins, reflecting ongoing operational inefficiencies.
Balance Sheet
50
Neutral
The company's debt-to-equity ratio is relatively low at 0.27, indicating a conservative leverage position. However, the return on equity is negative at -22.77%, highlighting profitability issues. The equity ratio stands at a healthy level, suggesting a stable capital structure despite the negative returns.
Cash Flow
40
Negative
Tekmar Group plc's cash flow performance is concerning, with a significant decline in free cash flow growth of -134.27%. The operating cash flow to net income ratio is positive but low at 0.16, and the free cash flow to net income ratio is 0.41, indicating challenges in converting earnings into cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2019
Income Statement
Total Revenue28.94M32.81M39.91M30.19M47.03M40.94M
Gross Profit9.13M10.52M9.30M7.04M10.72M11.88M
EBITDA-4.38M-1.97M-7.20M-2.10M-1.75M4.24M
Net Income-8.32M-6.41M-10.12M-5.13M-5.44M1.96M
Balance Sheet
Total Assets43.27M50.91M53.26M56.94M56.42M63.67M
Cash, Cash Equivalents and Short-Term Investments3.90M4.63M5.22M8.50M3.48M2.13M
Total Debt6.96M7.48M7.88M7.39M6.34M814.00K
Total Liabilities18.22M22.74M18.60M17.73M16.20M17.70M
Stockholders Equity25.05M28.16M34.65M39.21M40.22M45.98M
Cash Flow
Free Cash Flow2.21M1.37M-7.00M-71.00K-4.03M-68.00K
Operating Cash Flow3.75M3.30M-5.67M1.57M-1.52M2.37M
Investing Cash Flow-417.00K-1.95M-1.29M-1.64M-2.50M-4.07M
Financing Cash Flow-864.00K-1.61M3.97M4.76M5.53M-355.00K

Tekmar Group plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price5.75
Price Trends
50DMA
5.71
Positive
100DMA
5.53
Positive
200DMA
5.71
Positive
Market Momentum
MACD
0.06
Negative
RSI
57.49
Neutral
STOCH
60.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TGP, the sentiment is Positive. The current price of 5.75 is above the 20-day moving average (MA) of 5.22, above the 50-day MA of 5.71, and above the 200-day MA of 5.71, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 57.49 is Neutral, neither overbought nor oversold. The STOCH value of 60.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:TGP.

Tekmar Group plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
£41.76M4.9915.60%7.58%-14.67%-19.63%
61
Neutral
£36.79M19.773.38%3.53%-6.46%-56.20%
57
Neutral
£51.47M32.962.44%15.39%1240.00%
48
Neutral
£11.52M-3.61-9.22%2.35%-3.17%69.15%
47
Neutral
£7.99M-25.08%-24.64%39.47%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:TGP
Tekmar Group plc
5.75
-3.00
-34.29%
GB:BILN
Billington Holdings
330.00
-134.99
-29.03%
GB:SMJ
J Smart & Co (Contractors)
132.50
8.37
6.74%
GB:VANL
Van Elle Holdings
34.00
-5.28
-13.44%
GB:NEXS
Nexus Infrastructure Plc
127.50
-5.16
-3.89%

Tekmar Group plc Corporate Events

Business Operations and Strategy
Tekmar Group Secures Major US$10m Contract for UAE Offshore Project
Positive
Sep 10, 2025

Tekmar Group plc has secured a significant contract exceeding US$10 million with a leading international EPC contractor for an offshore energy project in the UAE. This contract involves the design and manufacture of Tekmar’s TekDuct cable protection system and ballast modules, with work starting immediately and delivery set for Q1 2026. This award reinforces Tekmar’s strong market position in the Middle East and is seen as a step towards sustained growth, reflecting the company’s ability to convert its project pipeline into substantial orders.

The most recent analyst rating on (GB:TGP) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on Tekmar Group plc stock, see the GB:TGP Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Tekmar Group’s FY2025 Trading Update: Strategic Progress Amidst Order Delays
Neutral
Sep 2, 2025

Tekmar Group plc has provided a trading update for the fiscal year ending September 2025, highlighting a strong bidding pipeline but slower-than-expected conversion to orders. This delay has impacted the financial outlook for the second half of FY2025, with some revenue moving to FY2026. Despite these challenges, Tekmar expects to achieve an adjusted EBITDA break-even for the year, marking an improvement from a first-half loss. Under CEO Richard Turner’s leadership, the company is progressing with Project Aurora, aiming for medium-term value creation through increased order intake, cash control, and new business verticals. The strategic focus includes growing the Offshore Energy Services division and executing mergers and acquisitions to enhance shareholder value.

The most recent analyst rating on (GB:TGP) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on Tekmar Group plc stock, see the GB:TGP Stock Forecast page.

Executive/Board ChangesPrivate Placements and Financing
Tekmar Group Issues New Shares to CFO, Expanding Voting Rights
Neutral
Aug 27, 2025

Tekmar Group plc has announced the issuance of 166,667 new ordinary shares to its Chief Financial Officer, Leanne Wilkinson, following the exercise of options under the Company’s Share Option Plan. This move increases the company’s total voting rights to 138,888,737 shares, which will be used by shareholders to determine their interests in the company. The new shares are set to commence trading on AIM, reflecting Tekmar’s ongoing commitment to strengthening its market position and shareholder engagement.

The most recent analyst rating on (GB:TGP) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on Tekmar Group plc stock, see the GB:TGP Stock Forecast page.

Business Operations and StrategyLegal Proceedings
Tekmar Group Resolves Legacy Defect Notifications with Key Customer
Positive
Aug 27, 2025

Tekmar Group plc has reached a commercial settlement with a customer regarding legacy defect notifications related to cable protection systems at offshore wind farms. The settlement, covered by insurance proceeds, resolves all known defect claims with the customer without affecting Tekmar’s ongoing commercial relationships or its position in the industry. This resolution is part of Tekmar’s broader effort to address historical challenges and focus on developing market-leading products and expanding its order book in the global offshore energy market.

The most recent analyst rating on (GB:TGP) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on Tekmar Group plc stock, see the GB:TGP Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Tekmar Group Expands Share Capital with New Issuance
Neutral
Aug 26, 2025

Tekmar Group plc has issued 166,667 new ordinary shares to its Chief Financial Officer, Leanne Wilkinson, following the exercise of options under the company’s Share Option Plan. This issuance increases the company’s total share capital to 138,888,737 ordinary shares, which will be admitted to trading on AIM. This move is part of Tekmar’s strategy to reinforce its position in the offshore energy market by enhancing its financial structure, potentially impacting shareholder interests and market dynamics.

The most recent analyst rating on (GB:TGP) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on Tekmar Group plc stock, see the GB:TGP Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Tekmar Group Appoints New CFO to Strengthen Leadership
Positive
Aug 22, 2025

Tekmar Group plc has appointed Philip Lanigan as the new Chief Financial Officer and Executive Director, effective immediately. This strategic appointment is expected to bolster Tekmar’s leadership team, potentially enhancing its operational efficiency and market positioning in the offshore energy sector.

The most recent analyst rating on (GB:TGP) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on Tekmar Group plc stock, see the GB:TGP Stock Forecast page.

Executive/Board ChangesLegal ProceedingsRegulatory Filings and Compliance
Tekmar Group Announces Director Disclosures Amid TPI Composites’ Bankruptcy Proceedings
Neutral
Aug 19, 2025

Tekmar Group plc announced an update regarding its Non-Executive Chairman, Steve Lockard, who is also a director at TPI Composites, Inc., a company that has initiated voluntary chapter 11 proceedings in the US Bankruptcy Court. Additionally, Tekmar confirmed that its CEO, Richard Turner, was previously a director at Change Architecture Ltd within the last five years. These disclosures are in compliance with AIM Rule 17 and Schedule 2(g), ensuring transparency in the company’s governance.

The most recent analyst rating on (GB:TGP) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on Tekmar Group plc stock, see the GB:TGP Stock Forecast page.

Business Operations and Strategy
Tekmar Group Secures Major Offshore Grouting Contracts in Qatar
Positive
Aug 18, 2025

Tekmar Group plc has secured two significant offshore grouting contracts in Qatar, valued at approximately US$1.6 million, to support subsea infrastructure Inspection Maintenance and Repair campaigns. These contracts, awarded by existing customers, enhance Tekmar’s regional presence and demonstrate its strategic growth in grouting services, reflecting strong demand and trust in its offshore energy solutions.

Business Operations and StrategyExecutive/Board Changes
Tekmar Group Announces New CFO Amid Strategic Growth Plans
Positive
Aug 13, 2025

Tekmar Group plc has announced a significant change in its executive leadership, with Phil Lanigan set to join as Chief Financial Officer and Executive Director, following the departure of current CFO Leanne Wilkinson. Lanigan brings extensive experience in business transformation, growth, and mergers and acquisitions, which is expected to enhance Tekmar’s strategic initiatives, including their 3-5 year plan, Project Aurora. This leadership change is anticipated to strengthen Tekmar’s position in the offshore energy sector and drive future growth, benefiting stakeholders and aligning with the company’s strategic goals.

Business Operations and Strategy
Tekmar Group Secures Major Middle East Contract
Positive
Jul 9, 2025

Tekmar Group plc has secured a significant contract to supply bespoke subsea infrastructure technology for a major pipeline project in the Middle East. Valued at approximately £2.0 million, this contract highlights Tekmar’s expertise in delivering complex offshore projects and strengthens its position in the growing offshore energy market. The project is expected to be completed by September 2025, reinforcing Tekmar’s reputation for providing high-value infrastructure solutions and maintaining strong customer trust.

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.Date of analysis: Sep 24, 2025