Andrews Sykes (ASY) AI Stock Analysis

3 Followers

Andrews Sykes

(LSE:ASY)

Select Model

Rating:76Outperform

Price Target:GBX 585.00▲(13.59% Upside)

Action:reiterated

Date:08/17/26

The overall score reflects a combination of strong profitability and a conservative balance sheet with good cash generation, balanced against revenue stagnation and a declining asset and cash flow trend, placing the company in a mature, lower‑growth phase. Technical indicators show clear upward price momentum, enhancing the score but with signs of stretched conditions that temper enthusiasm. A reasonable P/E multiple combined with a solid ~4.3% dividend yield provides valuation support and income appeal, helping offset limited growth visibility and supporting a moderately positive but not top‑tier rating.

Positive Factors

Strong ProfitabilityHigh and relatively stable margins indicate that Andrews Sykes converts rental revenue into substantial operating and net profit. This supports internal funding for fleet investment, service capability, and customer support while providing resilience if demand fluctuates over the next several quarters.

Negative Factors

Uneven Revenue TrendThe recent revenue pattern is inconsistent, with two years of contraction before the latest recovery. That uneven top-line performance makes the durability of demand less certain and could limit operating leverage if growth fails to continue across the company’s construction, industrial, public-sector, and facilities-management markets.

Andrews Sykes (ASY) vs. iShares MSCI United Kingdom ETF (EWC)

Market Cap: GBP 215.57M
Dividend Yield: 5.03%
Average Volume (3M): 2,417
Price to Earnings (P/E): 12.0
Beta (1Y): 0.02
Revenue Growth: 5.19%
EPS Growth: 4.98%
Country: UK
Employees: 425
Sector: Industrials
Sector Strength: 63
Industry: Rental & Leasing Services

Andrews Sykes Business Overview & Revenue Model

Company Description

Andrews Sykes Group plc operates as an investment holding company primarily focused on the rental, sale, and installation of environmental climate control equipment. The company's reach extends across the United Kingdom, the rest of Europe, the Middl...

How the Company Makes Money

ASY primarily makes money by renting equipment to customers on a temporary basis (short-term and longer-term hire). Revenue is generated from hire charges for products such as portable and fixed air conditioning units, heaters/boilers, dehumidifiers...

Andrews Sykes Financial Statement Overview

Summary

Financial performance is solid but mature: strong profitability with ~64% gross margins and a 23.6% net margin in 2025, plus a robust 42.4% EBITDA margin, are offset by weak topline dynamics—only 1.3% revenue growth in 2025 after two years of declines, a contracting asset base, and declining operating cash flow from £27.6M (2022) to £23.7M (2025), indicating limited growth visibility despite a conservative balance sheet and adequate cash generation.

Income Statement

72Positive

Balance Sheet

75Positive

Cash Flow

70Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	79.42M	76.50M	75.94M	78.75M	83.01M	75.22M
Gross Profit	51.00M	48.89M	49.20M	51.73M	53.00M	46.22M
EBITDA	32.98M	33.39M	33.10M	33.17M	32.74M	29.81M
Net Income	18.02M	18.09M	16.80M	17.76M	17.02M	15.54M
Balance Sheet
Total Assets	86.06M	87.39M	80.30M	77.57M	96.22M	97.34M
Cash, Cash Equivalents and Short-Term Investments	27.40M	28.39M	23.18M	19.97M	37.22M	32.44M
Total Debt	12.91M	15.21M	16.03M	15.40M	11.32M	15.93M
Total Liabilities	31.02M	33.85M	34.11M	37.11M	31.51M	33.72M
Stockholders Equity	55.05M	53.54M	46.19M	40.47M	64.71M	63.62M
Cash Flow
Free Cash Flow	15.24M	16.39M	14.94M	22.09M	25.13M	21.06M
Operating Cash Flow	21.27M	23.67M	20.32M	26.15M	27.60M	23.59M
Investing Cash Flow	-3.68M	-4.98M	-3.27M	13.79M	-16.99M	-1.35M
Financing Cash Flow	-13.88M	-13.89M	-13.76M	-40.37M	-23.06M	-13.32M

Andrews Sykes Technical Analysis

Technical Analysis SentimentNegative

Last Price515.00

Price Trends

50DMA523.18Negative

100DMA542.73Negative

200DMA516.20Negative

Market Momentum

MACD-2.57Negative

RSI45.91Neutral

STOCH83.33Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ASY, the sentiment is Negative. The current price of 515.00 is above the 20-day moving average (MA) of 511.38, below the 50-day MA of 523.18, and below the 200-day MA of 516.20, indicating a neutral trend. The MACD of -2.57 indicates Negative momentum. The RSI at 45.91 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ASY.

Andrews Sykes Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

GB:ASY against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GB:LUCE	84Outperform	GBP 309.79M	15.07	19.62%	1.06%	11.48%	46.33%
GB:ASY	76Outperform	GBP 216.62M	11.98	33.18%	5.03%	5.19%	4.98%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GB:AVAP	55Neutral	GBP 82.77M	14.67	3.29%	0.80%	-3.60%	―
GB:FSJ	52Neutral	GBP 214.48M	-74.52	-1.54%	―	-2.38%	-106.47%
GB:PRO	47Neutral	GBP 32.98M	-2.10	-46.53%	―	―	―
GB:SDY	38Underperform	GBP 63.97M	-2.40	-19.68%	7.24%	-0.12%	-2304.17%

* Industrials Sector Average

Performance Comparison

GB:ASY and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
GB:ASY	Andrews Sykes	515.00	31.34	6.48%
GB:AVAP	Avation plc	140.00	-2.35	-1.65%
GB:FSJ	James Fisher & Sons	427.00	55.00	14.78%
GB:PRO	ProService Building Services Marketplace plc	4.00	-4.94	-55.26%
GB:LUCE	Luceco plc	198.50	70.42	54.98%
GB:SDY	Speedy Hire	13.82	-11.57	-45.58%

Andrews Sykes Corporate Events

Business Operations and StrategyDividendsFinancial Disclosures

Record First-Half Revenue at Andrews Sykes as European Cooling Demand Surges

Positive

Sep 23, 2026

Andrews Sykes reported record first-half 2026 revenue of £40.9 million, driven by strong demand for comfort cooling equipment in the UK and Europe amid record temperatures, and improved performance across pumping, heating and air conditioning. Operat...

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 17, 2026

Andrews Sykes AI Stock Analysis