tiprankstipranks
Trending News
More News >
ZIGUP plc (GB:ZIG)
LSE:ZIG
Advertisement

ZIGUP plc (ZIG) AI Stock Analysis

Compare
34 Followers

Top Page

GB:ZIG

ZIGUP plc

(LSE:ZIG)

Rating:55Neutral
Price Target:
344.00p
▲(1.78% Upside)
ZIGUP plc's overall stock score reflects significant financial challenges, particularly in revenue and cash flow, which weigh heavily on the score. However, the stock's attractive valuation, with a low P/E ratio and high dividend yield, provides some support. Technical analysis shows mixed signals, with short-term weakness but potential longer-term support. The absence of earnings call and corporate events data means these factors do not influence the score.
Positive Factors
Financial Performance
ZigUp's trading update continues the group's track record of gently beating consensus expectations.
Market Demand
Strong demand for rental products was seen in both Spain and UK & Ireland, leading to management expecting to finish ahead of market expectations.
Regional Growth
Spain continues to be the stand-out region with good growth in total vehicles supporting growth in rental profits.
Negative Factors
Debt and Earnings
FY26F will be another year of rising Net Debt and declining EPS.
Division Performance
More challenging has been the Claims & Services division and disposal profits, which have suffered from the normalisation of hire lengths and residual values.
Profit Decline
Underlying PBT of £166.9m was down 7.6% yoy as 9.1% growth in rental profits was more than offset by declines in disposal profits (-15.2% yoy) and profits within Claims & Services.

ZIGUP plc (ZIG) vs. iShares MSCI United Kingdom ETF (EWC)

ZIGUP plc Business Overview & Revenue Model

Company DescriptionZigup Plc provides mobility solutions and automotive services in the United Kingdom, Spain, and Ireland. The company offers contact center support, sales, claim processing, customer service, and general insurance products; provides fleet management, rapid response, and recovery management services; and supplies and installs electric vehicle charging equipment. In addition, it provides personal injury law and legal advice services; light commercial vehicle hire services; used vans and cars for business, and private individuals; and automotive crash repair and accident administration services. Further, the company operates a fleet of approximately 130,000 owned and leased vehicles, and approximately 700,000 managed vehicles. The company was formerly known as Redde Northgate plc and changed its name to Zigup Plc in May 2024. Zigup Plc was incorporated in 1897 and is headquartered in Darlington, the United Kingdom.
How the Company Makes MoneyZIGUP plc generates revenue through multiple key streams, primarily through the sale of its software products and subscription-based services. The company offers licensing models for its enterprise software, allowing businesses to implement ZIG's solutions on-premises or via cloud platforms. Additionally, ZIGUP earns significant income from its consulting services, providing expert guidance to clients on digital transformation strategies and system integrations. Strategic partnerships with major cloud service providers enhance ZIG's market presence and contribute to its earnings through co-marketing initiatives and bundled service offerings. The company's commitment to innovation and customer satisfaction further drives repeat business and long-term contracts, solidifying its revenue base.

ZIGUP plc Financial Statement Overview

Summary
ZIGUP plc faces challenges across its financial statements, with declining revenue and profitability, moderate leverage, and weak cash flow generation. The company needs to address its revenue growth and profitability issues while managing its cash flow more effectively to improve its financial health.
Income Statement
45
Neutral
ZIGUP plc's income statement shows a declining revenue growth rate, with a significant drop of 70.3% in the latest year. Gross profit margin has decreased slightly from previous years, and net profit margin has also declined, indicating reduced profitability. The EBIT and EBITDA margins have also decreased, reflecting operational challenges. Overall, the income statement suggests a need for strategic improvements to reverse the negative growth trend.
Balance Sheet
60
Neutral
The balance sheet of ZIGUP plc shows a moderate debt-to-equity ratio of 0.82, indicating manageable leverage. However, the return on equity has decreased to 7.51%, suggesting reduced efficiency in generating returns from equity. The equity ratio remains stable, indicating a solid capital structure. While the company maintains a stable balance sheet, the declining ROE is a concern for future profitability.
Cash Flow
30
Negative
ZIGUP plc's cash flow statement reveals a concerning decline in free cash flow growth, with a significant drop of over 100%. The operating cash flow to net income ratio is low, indicating challenges in converting income into cash. The free cash flow to net income ratio is positive but low, suggesting limited cash generation relative to net income. Overall, the cash flow position is weak, highlighting potential liquidity issues.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.81B1.81B1.83B1.49B1.24B1.11B
Gross Profit379.58M397.90M414.33M415.37M326.43M233.03M
EBITDA445.23M443.49M445.06M396.09M363.42M291.38M
Net Income79.84M79.84M125.02M139.24M101.55M65.57M
Balance Sheet
Total Assets2.34B2.34B2.23B2.11B1.85B1.72B
Cash, Cash Equivalents and Short-Term Investments33.74M33.74M39.80M14.12M24.56M11.17M
Total Debt869.93M869.93M782.03M708.56M607.11M541.51M
Total Liabilities1.27B1.27B1.18B1.11B900.15M807.06M
Stockholders Equity1.06B1.06B1.04B994.60M946.76M908.13M
Cash Flow
Free Cash Flow-225.26M2.25M-192.90M-49.97M-50.77M-59.84M
Operating Cash Flow458.59M16.45M378.41M357.34M295.91M252.99M
Investing Cash Flow-453.41M-11.27M-285.95M-288.23M-215.70M-94.82M
Financing Cash Flow-2.63M-2.63M-110.20M-72.99M-71.41M-167.85M

ZIGUP plc Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price338.00
Price Trends
50DMA
343.64
Negative
100DMA
332.61
Positive
200DMA
326.85
Positive
Market Momentum
MACD
-0.84
Negative
RSI
48.79
Neutral
STOCH
49.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ZIG, the sentiment is Neutral. The current price of 338 is above the 20-day moving average (MA) of 336.35, below the 50-day MA of 343.64, and above the 200-day MA of 326.85, indicating a neutral trend. The MACD of -0.84 indicates Negative momentum. The RSI at 48.79 is Neutral, neither overbought nor oversold. The STOCH value of 49.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:ZIG.

ZIGUP plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (71)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
£22.81B19.8720.65%1.55%-2.55%-7.29%
71
Outperform
¥269.83B15.108.31%2.77%6.08%11.04%
70
Neutral
£232.82M16.129.52%6.58%3.06%
56
Neutral
£139.22M-0.65%8.74%-1.16%-141.38%
55
Neutral
£766.96M9.557.58%7.82%-1.12%-35.75%
£64.28M-1.50%5.97%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ZIG
ZIGUP plc
338.00
-48.78
-12.61%
GB:AHT
Ashtead
5,354.00
133.44
2.56%
GB:HSS
HSS Hire
8.80
1.85
26.62%
GB:SDY
Speedy Hire
30.00
-4.77
-13.72%
GB:VP
Vp
600.00
-36.74
-5.77%

ZIGUP plc Corporate Events

Regulatory Filings and Compliance
ZIGUP plc Director Exercises Share Options and Sells to Cover Taxes
Neutral
Aug 1, 2025

ZIGUP plc, a company involved in financial transactions, announced that Jorge Alarcon Alejandre, Managing Director of Northgate Espana, exercised nil cost options over 45,139 Ordinary Shares of £0.50 each. Part of these shares were sold to cover tax obligations, with 20,716 shares sold at £3.349 each, amounting to £69,377.884. This transaction was conducted on 31 July 2025, with the sale occurring on the London Stock Exchange, fulfilling obligations under the UK Market Abuse Regulation.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on ZIGUP plc stock, see the GB:ZIG Stock Forecast page.

Shareholder MeetingsFinancial DisclosuresRegulatory Filings and Compliance
ZIGUP plc Releases Annual Report and Announces AGM
Neutral
Jul 25, 2025

ZIGUP plc has announced the release of its Annual Report and Accounts for the year ending 30 April 2025, along with the Notice of its Annual General Meeting scheduled for 23 September 2025. These documents, which include details on shareholder proxy appointments and the proposed Value Creation Plan, have been submitted to the National Storage Mechanism and are accessible via the company’s website. This announcement aligns with regulatory requirements and provides shareholders with necessary information for upcoming corporate governance activities.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on ZIGUP plc stock, see the GB:ZIG Stock Forecast page.

Other
ZIGUP plc Director’s Share Transactions Announced
Neutral
Jul 21, 2025

ZIGUP plc has announced that Katie Tasker-Wood, the Chief Strategy Officer, exercised nil cost options over ordinary shares and partially sold them to cover tax and National Insurance obligations. The transaction involved the exercise of 16,142 shares and the sale of 7,614 shares at £3.461 each, totaling £26,352.054, conducted on 18 July 2025, with the sale occurring on the London Stock Exchange.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on ZIGUP plc stock, see the GB:ZIG Stock Forecast page.

Executive/Board ChangesBusiness Operations and Strategy
ZIGUP plc Announces Vesting of Executive Share Options
Positive
Jul 17, 2025

ZIGUP plc, a company involved in the issuance of ordinary shares, announced the partial vesting and exercisability of nil cost options under its Executive Performance Share Plan (EPSP) for several directors and persons discharging managerial responsibilities (PDMRs). The vesting occurred on July 13, 2025, and involved key figures such as Martin Ward, Harvey Stead, Katie Tasker-Wood, and Jorge Alarcon Alejandre. This development is significant for the company’s internal stakeholders as it reflects the company’s commitment to rewarding its executives and aligning their interests with those of shareholders, potentially impacting the company’s governance and operational strategies.

The most recent analyst rating on (GB:ZIG) stock is a Hold with a £320.00 price target. To see the full list of analyst forecasts on ZIGUP plc stock, see the GB:ZIG Stock Forecast page.

Executive/Board Changes
ZIGUP plc Awards CEO Martin Ward with Shares Under Bonus Plan
Positive
Jul 15, 2025

ZIGUP plc has announced that Martin Ward, the Chief Executive Officer, received an award of 49,369 ordinary shares valued at £162,424.01 as part of the company’s Executive Annual Bonus Plan for FY2025. This allocation, held by J.P. Morgan Nominee Account, reflects the company’s commitment to rewarding its top executives and may impact its market positioning by aligning executive interests with shareholder value.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on ZIGUP plc stock, see the GB:ZIG Stock Forecast page.

Other
ZIGUP plc Director Acquires Significant Shareholding
Positive
Jul 14, 2025

ZIGUP plc has announced a transaction involving the acquisition of ordinary shares by Emma Ayton, the Human Resources Director. The transaction involved the purchase of 14,500 ordinary shares at a price of 338.571p each, totaling £49,092.80, conducted on the London Stock Exchange on July 11, 2025. This acquisition reflects a significant investment by a key managerial figure, potentially indicating confidence in the company’s future performance.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on ZIGUP plc stock, see the GB:ZIG Stock Forecast page.

Other
ZIGUP CEO Acquires Significant Shareholding
Positive
Jul 9, 2025

ZIGUP plc announced that its Chief Executive Officer, Martin Ward, has acquired ordinary shares of the company. The transaction, which took place on July 9, 2025, involved the acquisition of 74,631 shares at a total price of £249,991.55, conducted on the London Stock Exchange. This move signifies a potential increase in confidence in the company’s future performance by its leadership.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on Redde Northgate stock, see the GB:ZIG Stock Forecast page.

DividendsBusiness Operations and StrategyFinancial Disclosures
ZIGUP plc Reports Strong Operational Performance and Positive Outlook for 2025
Positive
Jul 9, 2025

ZIGUP plc announced its full-year results for the year ended April 30, 2025, reporting strong operational performance and a positive outlook. Despite a slight decline in total revenue, the company saw a 2.3% increase in underlying revenue driven by robust rental business performances. The company achieved significant market share growth, particularly in Spain, and maintained stability in vehicle supply and market conditions. ZIGUP’s strategic initiatives, including new partnerships and technology enhancements, position it well for future growth, with a focus on sustainable shareholder value. The company also reported a 2.3% increase in dividends, reflecting confidence in its financial capacity and growth opportunities.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on Redde Northgate stock, see the GB:ZIG Stock Forecast page.

Regulatory Filings and Compliance
ZIGUP PLC Announces Total Voting Rights Update
Neutral
Jul 1, 2025

ZIGUP PLC announced its total voting rights as of July 1, 2025, with a share capital consisting of 236,091,423 ordinary shares and 1,000,000 non-voting preference shares. The total number of voting rights is 228,838,449, which shareholders can use to determine their interest in the company under FCA rules. This announcement provides clarity on shareholder voting power and may impact stakeholder decisions regarding their investments in ZIGUP.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on Redde Northgate stock, see the GB:ZIG Stock Forecast page.

Regulatory Filings and Compliance
Richard Griffiths Reduces Stake in Zigup Plc
Neutral
Jun 26, 2025

Richard Griffiths and his controlled holdings, based in St Helier, Jersey, have crossed a threshold in their voting rights in Zigup Plc, a non-UK issuer. As of June 25, 2025, their total voting rights are now less than 3%, down from a previous position of 3.94%. This change in voting rights could impact Zigup Plc’s shareholder dynamics and influence within the company.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on Redde Northgate stock, see the GB:ZIG Stock Forecast page.

Stock BuybackBusiness Operations and StrategyRegulatory Filings and Compliance
ZIGUP plc Updates Share Transaction Details and Enhances Employee Benefits
Neutral
Jun 20, 2025

ZIGUP plc announced a correction to its previous statement regarding the transaction in its own shares, adjusting the number of ordinary shares in issue and total voting shares. The company transferred 3 million ordinary shares from treasury to its Employee Benefit Trust Deed to meet obligations from employee share plans. This adjustment impacts the calculation of shareholder interests under the FCA’s Disclosure Guidance and Transparency Rules, reflecting ZIGUP’s ongoing commitment to employee benefits and shareholder transparency.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on Redde Northgate stock, see the GB:ZIG Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
ZIGUP plc Transfers Treasury Shares to Employee Benefit Trust
Neutral
Jun 6, 2025

ZIGUP plc announced the transfer of 3,000,000 ordinary shares from treasury to its Employee Benefit Trust Deed to meet obligations from employee share plans. This transaction adjusts the company’s share structure, impacting shareholder calculations under the FCA’s rules, and aligns with ZIGUP’s strategic framework to enhance shareholder returns through sustainable growth.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on Redde Northgate stock, see the GB:ZIG Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
ZIGUP PLC Announces Total Voting Rights Update
Neutral
Jun 2, 2025

ZIGUP PLC announced that as of 2 June 2025, its total voting rights stand at 225,838,449. This figure is crucial for shareholders to determine their interests in the company according to the FCA’s Disclosure Guidance and Transparency Rules. The announcement underscores ZIGUP’s commitment to transparency and regulatory compliance, which is vital for maintaining trust with stakeholders and supporting its strategic goals of sustainable growth and enhanced shareholder returns.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on Redde Northgate stock, see the GB:ZIG Stock Forecast page.

Regulatory Filings and Compliance
Zigup Plc Sees Change in Voting Rights Structure
Neutral
May 27, 2025

Zigup Plc, a company with shares subject to voting rights, has experienced a change in its voting rights structure. Richard Griffiths and his controlled holdings have reduced their voting rights in Zigup Plc from 4.92% to 3.94%, following an acquisition or disposal of voting rights. This change reflects a decrease in both direct and indirect voting rights, impacting the company’s shareholder structure and potentially influencing future corporate decisions.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on Redde Northgate stock, see the GB:ZIG Stock Forecast page.

Private Placements and FinancingBusiness Operations and StrategyFinancial Disclosures
ZIGUP PLC Surpasses FY2025 Expectations with Strong Rental Demand
Positive
May 21, 2025

ZIGUP PLC announced that its FY2025 performance exceeded market expectations, driven by strong demand for rental products, particularly in Spain. The company has expanded its rental fleet and improved its Claims & Services businesses, signing new contracts and partnerships. ZIGUP is confident about future growth opportunities, supported by strong structural growth drivers and a recent refinancing deal with extended maturities. The company also received the King’s Award for Enterprise, highlighting its commitment to customer service and social mobility.

The most recent analyst rating on (GB:ZIG) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on Redde Northgate stock, see the GB:ZIG Stock Forecast page.

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: Aug 22, 2025