Naked Wines plc (WINE) AI Stock Analysis

• Market Cap: £49.05M
• Dividend Yield: N/A
• Average Volume (3M): 104.83K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.13
• Revenue Growth: -15.87%
• EPS Growth: 90.20%
• Country: UK
• Employees: 390
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): -0.04
• Shares Outstanding: 71,717,080
• 10 Day Avg. Volume: 187,553
• 30 Day Avg. Volume: 104,830
• PEG Ratio: 0.17
• Price to Book (P/B): 0.89
• Price to Sales (P/S): 0.26
• P/FCF Ratio: 3.99
• 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: £150.00
• Price Target Upside: 108.33% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 1.27
• Revenue Forecast (FY): £14.94B

• Rating: 54 Neutral
• Price Target: 75.00p ▲(4.17% Upside)

Naked Wines plc's overall stock score reflects a challenging financial performance with declining revenue and profitability. However, the recent earnings call provided positive insights into cash generation and strategic improvements, which partially offset the negative valuation metrics. Technical indicators suggest a neutral market sentiment.

Positive Factors

Cash Generation

Strong cash generation indicates effective financial management and provides flexibility for future investments and strategic initiatives.

Adjusted EBITDA Growth

Significant EBITDA growth reflects improved operational efficiency and a strategic focus on profitable customer segments, enhancing long-term profitability.

Inventory Management

Effective inventory management supports cash flow improvement and reduces holding costs, contributing to financial stability and operational efficiency.

Negative Factors

Revenue Decline

Declining revenue poses a challenge to growth and market share, potentially impacting the company's ability to scale and compete effectively.

Inventory Liquidation Costs

High inventory liquidation costs can erode margins and profitability, necessitating careful management to avoid financial strain.

Marketing Channel Challenges

Underperformance in key marketing channels can hinder customer acquisition and retention, affecting long-term revenue growth and brand visibility.

Naked Wines plc Business Overview & Revenue Model

Company Description

Naked Wines plc (WINE) is a UK-based online wine retailer that connects independent winemakers directly with consumers. The company operates primarily in the e-commerce sector of the beverage industry, offering a wide range of wines sourced from various regions around the world. Naked Wines is known for its innovative approach to wine sales, allowing customers to support winemakers by pre-funding their production in exchange for exclusive access to high-quality wines at competitive prices.

How the Company Makes Money

Naked Wines generates revenue primarily through its subscription model, where customers, referred to as 'Angels', contribute a monthly fee to fund winemakers. In return, Angels receive substantial discounts and exclusive access to wines. This model not only provides upfront capital for winemakers but also creates a loyal customer base. The company also earns revenue from direct wine sales through its website, where members can purchase wines at retail prices. Additionally, Naked Wines benefits from partnerships with various wineries, which allow for a diverse product offering and enhance its market presence. Seasonal promotions and limited edition releases further contribute to sales, leveraging customer engagement and driving revenue growth.

Naked Wines plc Financial Statement Overview

Summary

Naked Wines plc faces challenges in revenue growth and profitability, with declining margins and negative net income. The balance sheet is stable with low leverage, but returns on equity are negative. Cash flow management shows signs of improvement, but further efforts are needed to achieve sustainable profitability and growth.

Income Statement

Naked Wines plc has experienced declining revenue over the past few years, with a notable decrease of 7.46% in the most recent year. The company has struggled with profitability, as evidenced by negative net profit margins and EBIT margins. The gross profit margin has also decreased significantly from previous years, indicating pressure on cost management. While there is potential for improvement, current financial performance is weak.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio, indicating conservative leverage. However, the return on equity is negative, reflecting ongoing losses and inefficiencies in generating returns for shareholders. The equity ratio remains stable, suggesting a solid asset base, but the company needs to improve profitability to enhance shareholder value.

Cash Flow

Cash flow metrics show some positive trends, with a notable improvement in free cash flow growth. The operating cash flow to net income ratio has improved, suggesting better cash management. However, the free cash flow to net income ratio indicates that cash generation is still not sufficient to cover net losses, highlighting the need for further operational improvements.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2021	Dec 2021
Income Statement
Total Revenue	227.46M	250.22M	290.41M	354.05M	340.23M	350.26M
Gross Profit	60.18M	46.13M	54.95M	69.89M	135.49M	141.72M
EBITDA	1.67M	-1.12M	-10.28M	-8.77M	-5.27M	6.54M
Net Income	-1.52M	-4.90M	-20.84M	-17.41M	-10.04M	2.38M
Balance Sheet
Total Assets	172.22M	164.49M	201.73M	251.89M	221.07M	247.53M
Cash, Cash Equivalents and Short-Term Investments	31.13M	30.05M	31.85M	39.50M	85.15M	39.85M
Total Debt	5.43M	6.45M	15.92M	35.02M	2.91M	3.60M
Total Liabilities	107.52M	92.96M	124.97M	153.21M	117.70M	137.65M
Stockholders Equity	64.70M	71.53M	76.77M	98.68M	103.36M	109.88M
Cash Flow
Free Cash Flow	14.51M	16.03M	2.17M	-33.48M	30.93M	-45.05M
Operating Cash Flow	14.96M	17.20M	3.31M	-32.00M	33.60M	-43.12M
Investing Cash Flow	-2.24M	-613.00K	7.92M	4.89M	-982.00K	-1.44M
Financing Cash Flow	-10.53M	-17.66M	-18.74M	26.42M	-1.07M	-951.00K

Naked Wines plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 72.00
• 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:WINE, the sentiment is Negative. The current price of 72 is above the 20-day moving average (MA) of 71.16, below the 50-day MA of 73.05, and below the 200-day MA of 76.19, indicating a bearish trend. The MACD of -1.57 indicates Positive momentum. The RSI at 43.80 is Neutral, neither overbought nor oversold. The STOCH value of 28.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:WINE.

Naked Wines plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
VINO	60 Neutral	£27.14M	23.07	5.67%	―	0.03%	-5.67%
WINE	54 Neutral	£49.05M	-32.88	-2.30%	―	-15.87%	90.20%
CDGP	54 Neutral	£63.46M	-32.17	-6.01%	―	―	―
DIS	48 Neutral	£2.24M	-1.38	-21.36%	―	-25.00%	52.94%
ART	47 Neutral	£23.72M	-7.16	―	―	0.43%	15.06%

Naked Wines plc Corporate Events

Naked Wines PLC Reports Strong Progress in Trading Update

Naked Wines PLC has released a post-close trading update ahead of its half-year results announcement. The company has shown significant progress in key performance indicators such as Adjusted EBITDA, margin, and cash generation, aligning with its FY26 guidance. Additionally, Naked Wines completed a £2 million share buyback program, enhancing the intrinsic value per share for shareholders. The company plans to host a presentation for existing and potential shareholders on 9 December 2025 to discuss these results further.

Naked Wines CEO Increases Stake in Company

Naked Wines PLC announced that its CEO, Rodrigo Maza, has purchased 10,000 ordinary shares of the company, representing a 0.014% stake. This transaction reflects a vote of confidence in the company’s future by its leadership, potentially impacting investor sentiment positively and reinforcing the company’s market position.

Naked Wines Strengthens Leadership with New Appointments

Naked Wines has announced the appointment of Jan-Hendrik Mohr as a Non-Executive Director and David Atchison as an adviser to the Board, both bringing significant expertise to the company. Mohr’s experience in strategic transitions and capital allocation will support Naked Wines’ new strategic plan, while Atchison’s marketing acumen will aid in navigating the post-Covid direct-to-consumer environment and optimizing marketing strategies. These appointments are expected to enhance the company’s operational capabilities and market positioning.

Naked Wines Chair Increases Stake with Share Purchase

Naked Wines plc announced a correction regarding a previous statement about a transaction involving Jack Pailing, the Non-Executive Chair. It was clarified that Mr. Pailing purchased, rather than sold, 58,810 ordinary shares, increasing his beneficial interest in the company to 1.11% of its issued share capital. This acquisition reflects confidence in the company’s future prospects and may positively influence stakeholder perceptions.

Naked Wines Completes £2 Million Share Buyback Program

Naked Wines plc has completed its share buyback program, purchasing a total of 2,287,056 ordinary shares at an average price of 87.5 pence, amounting to a total consideration of £2 million. This strategic financial move reduces the number of shares in circulation, potentially increasing the value of remaining shares and signaling confidence in the company’s financial health to stakeholders.

Naked Wines Chair Increases Stake, Signaling Confidence in Strategy

Naked Wines PLC announced that Jack Pailing, the Non-Executive Chair, has acquired 58,810 ordinary shares, increasing his stake to approximately 1.11% of the company’s issued share capital. This transaction highlights confidence in the company’s strategy and operations, potentially influencing investor sentiment and reinforcing the company’s market position.

Naked Wines Executes Share Buyback, Adjusts Share Count

Naked Wines plc announced the purchase of 150,000 of its ordinary shares as part of its share buyback program, at a price of 85.00 pence per share. This transaction reduces the total number of shares in issue to 71,769,635, impacting the company’s voting rights and potentially affecting shareholder interests.