Topps Tiles (TPT) AI Stock Analysis

• Market Cap: £67.83M
• Dividend Yield: 5.8%
• Average Volume (3M): 581.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: 6.55%
• EPS Growth: -1914.81%
• Country: UK
• Employees: 1,854
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Home Improvement
• EPS (TTM): 0.01
• Shares Outstanding: 196,612,170
• 10 Day Avg. Volume: 606,003
• 30 Day Avg. Volume: 581,398
• PEG Ratio: 0.01
• Price to Book (P/B): 15.28
• Price to Sales (P/S): 0.34
• P/FCF Ratio: 4.42
• 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: £70.00
• Price Target Upside: 94.44% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: 35.00p ▼(-2.78% Downside)

Topps Tiles' overall stock score is primarily impacted by its challenging financial performance, characterized by declining revenues and high leverage. Technical analysis shows a neutral to slightly bearish trend, while valuation is mixed with a negative P/E ratio but a high dividend yield. The absence of earnings call data and notable corporate events limits additional insights.

Topps Tiles Business Overview & Revenue Model

Company Description

Topps Tiles (TPT) is a leading retailer in the UK specializing in the sale of tiles, natural stone, and associated products for both residential and commercial projects. Established in 1963, the company operates a network of retail stores across the UK, offering a wide range of products including ceramic tiles, porcelain tiles, and vinyl flooring. TPT is committed to providing high-quality products, expert advice, and a comprehensive customer service experience, catering to homeowners, builders, and interior designers.

How the Company Makes Money

Topps Tiles generates revenue primarily through the sale of its extensive range of tiles and flooring products. The company operates a multi-channel retail model, which includes physical stores, an online shopping platform, and trade sales to contractors and builders. Key revenue streams include direct sales from retail locations, online orders, and bulk sales to business customers. Additionally, TPT benefits from strategic partnerships with suppliers and manufacturers, enabling them to offer exclusive products and competitive pricing. The company also engages in promotional activities and customer loyalty programs to drive repeat business and enhance customer retention, contributing significantly to its overall earnings.

Topps Tiles Financial Statement Overview

Summary

Topps Tiles faces a challenging financial position with declining revenues and profitability pressures. The high leverage and low equity position present significant risks. While cash flow generation remains relatively stable, the company must address its profitability and leverage to improve its financial health.

Income Statement

Topps Tiles experienced a notable decline in revenue and profitability compared to the previous year. The company reported a negative EBIT and net income, indicating significant challenges in maintaining profitability. Additionally, gross profit margin decreased slightly, reflecting potential cost pressures or pricing challenges.

Balance Sheet

The balance sheet highlights high leverage with a rising debt-to-equity ratio, indicating increased financial risk. Stockholders' equity has significantly declined, which could limit financial flexibility. The equity ratio is very low, highlighting potential solvency concerns.

Cash Flow

Despite challenges in profitability, Topps Tiles demonstrated a stable operating cash flow, which exceeds net income, providing some liquidity cushion. However, free cash flow has declined from the previous year, indicating potential constraints on capital allocation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	251.76M	251.76M	262.71M	247.24M	228.00M	192.81M
Gross Profit	-140.47M	134.32M	139.25M	126.57M	122.17M	107.97M
EBITDA	11.56M	12.23M	35.46M	39.28M	45.08M	22.77M
Net Income	-13.03M	-13.03M	3.21M	9.01M	10.65M	-7.97M
Balance Sheet
Total Assets	167.40M	167.40M	174.40M	180.82M	188.07M	205.08M
Cash, Cash Equivalents and Short-Term Investments	23.68M	23.68M	23.37M	16.24M	27.79M	31.02M
Total Debt	100.96M	100.96M	94.50M	102.93M	111.34M	129.14M
Total Liabilities	161.82M	161.82M	148.01M	151.78M	163.11M	191.03M
Stockholders Equity	5.58M	5.58M	23.21M	26.58M	24.96M	14.08M
Cash Flow
Free Cash Flow	19.50M	19.30M	32.98M	19.71M	22.09M	44.38M
Operating Cash Flow	23.80M	23.77M	37.23M	22.92M	26.50M	51.09M
Investing Cash Flow	-12.97M	-12.95M	-3.61M	-6.50M	-1.84M	12.11M
Financing Cash Flow	-10.51M	-10.51M	-26.50M	-27.97M	-27.89M	-50.93M

Topps Tiles Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 36.00
• 50DMA: Negative
• 100DMA: Negative
• 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:TPT, the sentiment is Negative. The current price of 36 is above the 20-day moving average (MA) of 35.91, above the 50-day MA of 35.81, and above the 200-day MA of 34.97, indicating a bearish trend. The MACD of -0.28 indicates Positive momentum. The RSI at 45.27 is Neutral, neither overbought nor oversold. The STOCH value of 60.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TPT.

Topps Tiles Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LIKE	―	£63.56M	47.22	3.37%	1.49%	9.26%	31.71%
KGF	―	£5.37B	29.90	2.86%	4.02%	-0.13%	-43.71%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
WIX	―	£493.55M	22.80	15.65%	4.08%	3.98%	-22.94%
MRK	―	£52.47M	-36.23	-11.56%	1.94%	2.55%	-445.00%
TPT	―	£67.83M	-7.04	-93.27%	5.80%	6.55%	-1914.81%
HEAD	―	£41.25M	-0.90	-19.28%	―	-11.65%	-273.57%

Topps Tiles Corporate Events

Topps Tiles Achieves Record Turnover and Strategic Milestones in 2025

Topps Tiles Plc has reported a record year for turnover, with approximately £265 million in adjusted sales, marking a 6.8% increase year-on-year. The Group’s strategic progress is evident as it continues to advance towards its ‘Mission 365’ goal, aiming for £365 million in total Group sales in the medium term. The company has seen widespread sales improvement across all business segments, with like-for-like sales growth accelerating in the second half of the year. Despite increased costs due to wage and tax contributions, the company expects to meet market expectations for adjusted profit. The Group’s strategic initiatives, including modernizing digital experiences and expanding business-to-business sales, have bolstered its strong performance. Additionally, the disposal of CTD sites required by the CMA is nearing completion, which will conclude the CMA’s involvement with the company. With a strong balance sheet and improving trading momentum, Topps Tiles is well-positioned for continued growth into 2026.

The most recent analyst rating on (GB:TPT) stock is a Hold with a £33.00 price target. To see the full list of analyst forecasts on Topps Tiles stock, see the GB:TPT Stock Forecast page.