Anpario (ANP) AI Stock Analysis

Top Page

Anpario

(LSE:ANP)

Select Model

Rating:70Outperform

Price Target:GBX 583.00▲(13.20% Upside)

Action:reiterated

Date:09/10/26

The score is primarily supported by strong financial quality—especially the very low leverage balance sheet and improving earnings—plus a reasonable valuation (P/E 12 with a ~2.6% yield). This is meaningfully tempered by weak technicals, with the price below all key moving averages and bearish momentum indicators despite oversold readings.

Positive Factors

Conservative balance sheetNear-zero leverage materially reduces financial risk and interest burden, giving Anpario greater resilience through weaker trading conditions. A substantial, generally stable equity base also supports continued investment and provides flexibility for capital allocation over the coming quarters.

Negative Factors

Margin volatilityThe decline from earlier peak margins shows that revenue growth has not translated into equally consistent operating efficiency. Persistent margin variability could limit the durability of earnings expansion and make future profitability more sensitive to changes in the trading environment.

Anpario (ANP) vs. iShares MSCI United Kingdom ETF (EWC)

Market Cap: GBP 83.66M
Dividend Yield: 2.43%
Average Volume (3M): 31.24K
Price to Earnings (P/E): 12.3
Beta (1Y): 1.11
Revenue Growth: 10.99%
EPS Growth: 37.97%
Country: UK
Employees: 162
Sector: Consumer Defensive
Sector Strength: 62
Industry: Agricultural - Commodities/Milling

Anpario Business Overview & Revenue Model

Company Description

Anpario plc, together with its subsidiaries, manufactures and distributes natural animal feed additives for animal health, nutrition, and biosecurity. Its health and performance category offers various products that support and maintain animal gut he...

Anpario Financial Statement Overview

Summary

Strong fundamentals led by an exceptionally conservative balance sheet (near-zero leverage) and improving profitability (net income rising into 2025; ROE strengthening). Offsetting factors are cash-flow consistency issues (notably the 2022 dip and weaker earnings coverage in 2024) and some margin compression versus earlier peak years.

Income Statement

78Positive

Balance Sheet

92Very Positive

Cash Flow

74Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	48.75M	47.17M	38.20M	31.00M	33.10M	33.37M
Gross Profit	23.93M	23.37M	17.34M	13.96M	13.49M	15.53M
EBITDA	9.71M	9.33M	6.38M	4.00M	4.91M	6.98M
Net Income	7.08M	6.75M	4.11M	2.53M	3.30M	4.68M
Balance Sheet
Total Assets	49.48M	50.49M	47.15M	40.19M	48.53M	47.98M
Cash, Cash Equivalents and Short-Term Investments	10.96M	12.41M	10.50M	10.65M	13.57M	15.54M
Total Debt	252.00K	244.00K	74.00K	79.00K	52.00K	85.00K
Total Liabilities	7.36M	9.53M	10.85M	6.54M	7.22M	7.68M
Stockholders Equity	42.12M	40.96M	36.29M	33.65M	41.31M	40.30M
Cash Flow
Free Cash Flow	4.99M	5.46M	4.20M	7.95M	-329.00K	1.78M
Operating Cash Flow	5.61M	6.02M	6.14M	8.70M	1.21M	3.20M
Investing Cash Flow	-1.51M	-1.62M	-4.18M	1.21M	-1.44M	-1.42M
Financing Cash Flow	-4.34M	-2.28M	-1.54M	-10.96M	-1.96M	-2.01M

Anpario Technical Analysis

Technical Analysis SentimentPositive

Last Price515.00

Price Trends

50DMA507.08Positive

100DMA517.20Negative

200DMA513.27Positive

Market Momentum

MACD4.30Negative

RSI53.26Neutral

STOCH47.92Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ANP, the sentiment is Positive. The current price of 515.00 is above the 20-day moving average (MA) of 513.75, above the 50-day MA of 507.08, and above the 200-day MA of 513.27, indicating a bullish trend. The MACD of 4.30 indicates Negative momentum. The RSI at 53.26 is Neutral, neither overbought nor oversold. The STOCH value of 47.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ANP.

Anpario Peers Comparison

Overall Rating

UnderperformOutperform

Sector (62)

Financial Indicators

GB:ANP against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GB:ANP	70Outperform	GBP 83.66M	12.26	17.05%	2.43%	10.99%	37.97%
GB:FVA	68Neutral	GBP 73.14M	5.61	42.90%	1.70%	―	―
Sector *	62Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GB:GNC	61Neutral	GBP 2.35B	93.97	0.73%	0.89%	25.76%	-73.03%
GB:HFG	58Neutral	GBP 646.17M	31.28	5.91%	4.86%	6.63%	-47.51%

* Consumer Defensive Sector Average

Performance Comparison

GB:ANP and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
GB:ANP	Anpario plc	515.00	26.56	5.44%
GB:FVA	Fevara Plc	141.00	11.32	8.73%
GB:HFG	Hilton Food	719.50	116.93	19.40%
GB:ZAM	Zambeef Product	5.00	-0.05	-0.99%
GB:GNC	Greencore Group plc	293.20	60.18	25.83%

Anpario Corporate Events

Business Operations and StrategyFinancial Disclosures

Anpario Plans Live Investor Presentation on Interim Results

Positive

Sep 9, 2026

Anpario will host a live online investor presentation on 14 September 2026 to discuss its interim results for the six months to 30 June 2026, with CEO Richard Edwards and Group Finance Director Marc Wilson leading the session. The event, open to exis...

Business Operations and StrategyDividendsFinancial Disclosures

Anpario Delivers Record Premium Feed Additive Sales Amid Regional Headwinds

Positive

Sep 9, 2026

Anpario reported a solid first-half performance to 30 June 2026, with revenue up 7% to £24.3m and adjusted EBITDA rising 22% to £5.0m, helped by disciplined pricing and lower underlying administrative costs. Key brands, which generate nearl...

Executive/Board Changes

Anpario Announces Death of Non-Executive Director Tim Pollock

Negative

Aug 17, 2026

Anpario plc has announced the death of non-executive director Tim Pollock following an illness, noting his service since August 2023 and key roles as chairman of the Remuneration Committee and member of the Audit and Nominations Committees. The board...

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 10, 2026

Anpario AI Stock Analysis