Focusrite PLC (GB:TUNE)
LSE:TUNE
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Focusrite
(LSE:TUNE)
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Rating:61Neutral
Price Target:
211.00 p
▼(-12.99% Downside)
Action:Reiterated
Date:04/30/26
The score is primarily supported by stable financial performance and a strong, low-leverage balance sheet, but is held back by weakening free cash flow growth and only mixed technical momentum. Valuation is reasonable with a moderate P/E and a ~2.1% dividend yield.
Positive Factors
Low leverage and strong equity base
Focusrite's low debt-to-equity (0.26) and high equity ratio (59.71%) provide durable financial flexibility. This conservatism supports capital allocation for product development, inventory cycles and potential M&A, and helps the company withstand demand troughs without forcing rapid deleveraging.
Negative Factors
Declining free cash flow growth
A 23.22% decline in free cash flow growth weakens the company's cash-generation resilience. Even with decent conversion ratios, falling FCF growth constrains funding for R&D, inventories, and dividends or buybacks, and heightens sensitivity to revenue swings across product cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and strong equity base
Focusrite's low debt-to-equity (0.26) and high equity ratio (59.71%) provide durable financial flexibility. This conservatism supports capital allocation for product development, inventory cycles and potential M&A, and helps the company withstand demand troughs without forcing rapid deleveraging.
Read all positive factors
Focusrite (TUNE) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£109.63M
Dividend Yield1.77%
Average Volume (3M)135.30K
Price to Earnings (P/E)6.9
Beta (1Y)0.92
Revenue Growth6.55%
EPS Growth106.55%
CountryUK
Employees565
SectorConsumer Cyclical
Sector Strength84
IndustryLeisure
Share Statistics
EPS (TTM)0.09
Shares Outstanding59,211,640
10 Day Avg. Volume139,222
30 Day Avg. Volume135,300
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)0.83
Price to Sales (P/S)0.58
P/FCF Ratio4.71
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.18
Revenue Forecast (FY)£168.55M
Focusrite Business Overview & Revenue Model
Company Description
Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Focusrite Pro, Novatio...
How the Company Makes Money
Focusrite makes money primarily by selling music and audio-technology products, with revenue largely generated from the sale of hardware devices and, to a lesser extent, software and related offerings. Key revenue streams typically include: (1) Au...
Focusrite Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | Aug 2025 | Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 168.91M | 158.52M | 178.47M | 183.73M | 173.94M |
| Gross Profit | 69.66M | 70.49M | 84.85M | 83.28M | 84.13M |
| EBITDA | 24.35M | 19.86M | 36.88M | 40.77M | 45.92M |
| Net Income | 5.37M | 2.61M | 17.80M | 24.78M | 28.28M |
Balance Sheet | |||||
| Total Assets | 197.44M | 202.94M | 210.79M | 177.53M | 117.21M |
| Cash, Cash Equivalents and Short-Term Investments | 19.48M | 22.04M | 26.79M | 12.76M | 17.34M |
| Total Debt | 30.33M | 42.88M | 37.92M | 23.54M | 1.04M |
| Total Liabilities | 79.52M | 86.99M | 92.34M | 72.22M | 32.87M |
| Stockholders Equity | 117.92M | 115.96M | 118.45M | 105.32M | 84.35M |
Cash Flow | |||||
| Free Cash Flow | 20.67M | -3.14M | 11.94M | -4.04M | 31.91M |
| Operating Cash Flow | 22.39M | 11.10M | 26.33M | 8.46M | 38.52M |
| Investing Cash Flow | -15.06M | -16.73M | -21.54M | -22.60M | -20.56M |
| Financing Cash Flow | -9.83M | 1.31M | 10.19M | 8.83M | -15.59M |
Focusrite Technical Analysis
Negative
242.50
Price Trends
187.46
Negative
212.53
Negative
203.63
Negative
Market Momentum
0.21
Positive
45.65
Neutral
15.56
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TUNE, the sentiment is Negative. The current price of 242.5 is above the 20-day moving average (MA) of 192.13, above the 50-day MA of 187.46, and above the 200-day MA of 203.63, indicating a bearish trend. The MACD of 0.21 indicates Positive momentum. The RSI at 45.65 is Neutral, neither overbought nor oversold. The STOCH value of 15.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TUNE.
Focusrite Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £1.48B | 23.58 | 5.88% | 1.18% | 9.51% | -31.96% | |
70 Outperform | £49.30M | 7.74 | 10.10% | ― | 15.50% | 314.96% | |
63 Neutral | £487.26M | 11.70 | 7.92% | ― | 13.21% | -54.35% | |
61 Neutral | £109.63M | 6.90 | 4.61% | 1.77% | 6.55% | 106.55% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
52 Neutral | £589.21M | -8.29 | 12.75% | ― | -1.91% | ― | |
47 Neutral | £620.31M | -7.96 | -90.46% | 4.48% | -30.52% | -2064.92% |
* Consumer Cyclical Sector Average
GB:TUNE
Focusrite
187.00
33.65
21.94%
GB:G4M
Gear4music (Holdings)
235.00
75.00
46.88%
GB:SMWH
WH Smith
498.00
-533.87
-51.74%
GB:AO
AO World
87.70
-17.90
-16.95%
GB:CURY
Currys plc
142.50
20.30
16.61%
GB:THG
THG
32.88
7.38
28.94%
Focusrite Corporate Events
Business Operations and StrategyFinancial Disclosures
Focusrite Holds Margins and Trims Debt as Tariff Distortions Unwind
Positive
Mar 19, 2026
Focusrite expects group revenue of about £164 million for the 12 months to 28 February 2026, slightly ahead of the prior year, supported by stable demand and strong online sales rankings across its product portfolio. Gross and operating margi...
Business Operations and StrategyExecutive/Board Changes
Focusrite names former Oxford Instruments chief as chair designate in planned board overhaul
Positive
Mar 2, 2026
Focusrite plc, the London AIM‑listed global music and audio group, is reshaping its board as it advances its position in the content creation and audio reproduction markets. The company, whose brands such as Focusrite, Novation, ADAM Audio a...
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.