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Hercules Site Services Plc (HERC) AI Stock Analysis

GB:HERC

Hercules Site Services Plc

(LSE:HERC)

Select Model
Rating:48Neutral
Price Target:GBX 37.00â–²(4.92% Upside)
Action:reiterated
Date:10/22/26

The score is constrained primarily by weak profitability and high leverage, despite strong revenue growth and improving cash flow. Technical conditions are mixed, while the negative P/E ratio provides no valuation support.

Positive Factors
Revenue GrowthSustained revenue expansion shows that Hercules is increasing the scale of its labour supply and site services activity across construction and infrastructure markets. Continued top-line growth can support operating leverage, deepen client relationships, and provide a broader base for future cash generation.
Negative Factors
Inconsistent ProfitabilityUnstable earnings indicate that revenue growth has not yet translated consistently into durable bottom-line profits. Losses or near break-even results can restrict internally funded investment, reduce financial flexibility, and make future performance more sensitive to execution and cost control.

Hercules Site Services Plc (HERC) vs. iShares MSCI United Kingdom ETF (EWC)

-60%-40%-20%0%20%40%60%GB:HERC-7.79%EWC+24.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
GBP 28.61M
Dividend Yield
―
Average Volume (3M)
40.04K
Price to Earnings (P/E)
-42.8
Beta (1Y)
0.90
Revenue Growth
16.81%
EPS Growth
-146.63%
Country
UK
Employees
1,165
Sector
Industrials
Sector Strength
63
Industry
Staffing & Employment Services

Hercules Site Services Plc Business Overview & Revenue Model

Company Description

Hercules Plc engages in general construction and civil engineering businesses in the United Kingdom and Scotland. It operates through three segments: Labour Supply, Civil Projects, and Other Activities. It offers labor supply services through its Per...

How the Company Makes Money

Hercules Site Services primarily generates revenue by supplying labour and associated site services to customers in the UK construction and infrastructure markets. Its core revenue model is business-to-business contracting: it sources, employs and/or...

Hercules Site Services Plc Financial Statement Overview

Summary

Strong revenue growth and improving free cash flow are offset by weak and inconsistent profitability, high leverage, and volatile cash generation.

Income Statement

46Neutral

Balance Sheet

40Negative

Cash Flow

63Positive
Financial statement breakdown
BreakdownTTMMar 2026Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue121.24M121.25M101.93M79.77M49.55M32.75M
Gross Profit16.89M16.89M14.97M14.07M9.78M6.69M
EBITDA3.16M3.80M4.41M3.83M1.75M1.47M
Net Income-67.00K-67.00K-1.67M770.00K320.85K-56.20K
Balance Sheet
Total Assets54.19M54.19M47.52M47.68M33.90M19.35M
Cash, Cash Equivalents and Short-Term Investments7.25M7.25M6.39M4.15M1.21M1.74M
Total Debt17.13M17.13M12.67M26.94M19.46M10.69M
Total Liabilities41.99M41.99M35.81M39.03M27.06M15.91M
Stockholders Equity12.19M12.19M11.71M8.66M6.84M3.44M
Cash Flow
Free Cash Flow7.04M7.04M5.75M3.04M-5.56M-1.96M
Operating Cash Flow7.28M7.28M6.07M3.10M-5.33M-1.60M
Investing Cash Flow-10.01M-10.01M-1.47M-207.62K289.35K-338.12K
Financing Cash Flow3.58M3.58M-1.18M48.10K4.79M1.39M

Hercules Site Services Plc Technical Analysis

Technical Analysis SentimentNegative
Last Price35.27

Price Trends

50DMA35.76Negative
100DMA34.62Positive
200DMA37.70Negative

Market Momentum

MACD0.12Negative
RSI48.71Neutral
STOCH42.02Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HERC, the sentiment is Negative. The current price of 35.27 is below the 20-day moving average (MA) of 35.54, below the 50-day MA of 35.76, and below the 200-day MA of 37.70, indicating a bearish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 48.71 is Neutral, neither overbought nor oversold. The STOCH value of 42.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:HERC.

Hercules Site Services Plc Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

GB:HERC against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
GB:KLRGB:KLR81OutperformGBP 2.13B14.4224.09%2.49%9.58%14.74%
GB:HILSGB:HILS69NeutralGBP 2.30B34.1015.00%1.75%2.80%-11.76%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
GB:BILNGB:BILN55NeutralGBP 53.00M24.894.31%2.67%11.26%-64.62%
GB:HERCGB:HERC48NeutralGBP 28.61M-42.77-5.56%―16.81%-146.63%
GB:NEXSGB:NEXS48NeutralGBP 8.04M-4.97-5.93%2.27%9.94%50.24%

* Industrials Sector Average

Performance Comparison

0%50%100%GB:HERCGB:BILNGB:HILSGB:KLRGB:NEXSDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
GB:HERC and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:HERCHercules Site Services Plc35.50-1.70-4.57%
GB:BILNBillington Holdings Plc412.50125.3643.66%
GB:HILSHill & Smith Holdings3035.00929.2944.13%
GB:KLRKeller Group plc3244.001736.08115.13%
GB:NEXSNexus Infrastructure Plc88.00-44.35-33.51%

Hercules Site Services Plc Corporate Events

Regulatory Filings and Compliance

Hercules CEO Brusk Korkmaz Increases Stake to Nearly 23%

Positive
Oct 22, 2026

Hercules plc has disclosed that Chief Executive Officer and director Brusk Korkmaz has acquired 75,900 ordinary shares in the company at an average price of 35.46 pence per share. Following this transaction, Korkmaz’s beneficial holding has ris...

Business Operations and StrategyFinancial Disclosures

Hercules plc Beats FY26 Expectations as Infrastructure Pipeline Drives Growth

Positive
Oct 21, 2026

Hercules plc reported that trading for the year to 30 September 2026 is ahead of market expectations, with group revenue forecast to exceed £130 million, about 7.3% growth on the prior year. Management highlights stronger margins, improved cash...

Business Operations and Strategy

Hercules Wins £5m in New UK Water Sector Contracts

Positive
Oct 5, 2026

Hercules plc’s Construction Services division has secured approximately £5 million of new civil engineering contracts in the UK water sector, largely within the Thames Water region, for projects scheduled across the final quarter of FY2026...

Business Operations and Strategy

Hercules Grants Employee Share Options to Support Long-Term Growth

Positive
Oct 2, 2026

Hercules plc has granted options over 1,275,000 ordinary shares to certain employees, aligning their incentives with shareholders in the UK power and infrastructure services group. The options carry an exercise price of 34.5 pence per share, matching...

Business Operations and StrategyExecutive/Board Changes

Hercules plc Names New CFO as Long-Serving Finance Chief Retires

Positive
Oct 1, 2026

Hercules plc has announced a planned chief financial officer succession, with long-serving CFO and executive director Paul Wheatcroft retiring after almost seven years and stepping down from the board. He will remain through 31 March 2027 to oversee...

Business Operations and StrategyFinancial Disclosures

Hercules Academy Secures New Funding and Expands Role in UK Infrastructure Training

Positive
Aug 17, 2026

Hercules plc reported strong momentum at its Hercules Academy, which has secured approximately £310,000 in new funded training awards since May 2026, expanded its national training delivery, and deepened partnerships with public sector bodies. T...

Business Operations and Strategy

Hercules plc completes rollout of new Pay and Bill platform

Positive
Aug 10, 2026

Hercules plc has successfully implemented a new Pay and Bill platform across its business as part of a wider transformation programme. The system supports efficient workforce payments and customer invoicing and was deployed without disrupting payroll...

Business Operations and StrategyExecutive/Board Changes

Hercules launches dedicated power division to tap UK energy infrastructure boom

Positive
Aug 3, 2026

Hercules plc has launched a dedicated Power & Energy Services division, elevating it to one of three core business pillars alongside Labour Supply Services and Construction Services, with separate financial reporting to give investors clearer vis...

Other

Hercules CEO Brusk Korkmaz Raises Stake to 22.82% After Share Purchase

Positive
Jul 31, 2026

Hercules plc has disclosed that its Chief Executive Officer, Brusk Korkmaz, has purchased 113,000 ordinary shares at an average price of 43.18 pence per share through Hercules Real Estate Limited, a company under his control. Following this transacti...

Other

Hercules CEO Increases Stake with New Share Purchase

Positive
Jul 28, 2026

Hercules plc announced that its Chief Executive Officer, Brusk Korkmaz, has purchased 87,500 ordinary shares in the company at 41.0 pence per share, with 62,500 shares acquired through Hercules Real Estate Limited and 25,000 shares bought in his pers...

Other

Hercules CEO Increases Stake with Purchase of 100,000 Shares

Positive
Jul 24, 2026

Hercules plc disclosed that its chief executive officer, Brusk Korkmaz, has purchased 100,000 ordinary shares in the company at an average price of 39.75 pence per share via Hercules Real Estate Limited, an entity he controls. Following this transact...

Business Operations and StrategyRegulatory Filings and Compliance

Hercules plc appoints Cooper Parry as new external auditor

Neutral
Jul 24, 2026

Hercules plc has appointed Cooper Parry Group Ltd as its new external auditor following a formal tender process, marking a change from its previous auditor, S&W Partners Audit Limited. The outgoing auditor has resigned without citing any matters...

Other

Hercules Non-Executive Director Lifts Stake to 13.6% After Share Purchase

Positive
Jul 23, 2026

Hercules plc has disclosed a director dealing involving non-executive director Martin Tedham, who purchased 285,160 ordinary shares at 34.75 pence per share. The transaction was executed on 22 July 2026 on AIM, the London Stock Exchange’s growt...

Regulatory Filings and Compliance

Hercules Director Martin Tedham Increases Stake to Over 13%

Positive
Jul 22, 2026

Non-executive director Martin Tedham has increased his stake in Hercules plc through the purchase of 50,000 ordinary shares at 32.0 pence each via Wasdell Packaging Limited, a company he controls. Following this transaction, Tedham now holds 10,520,0...

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: Oct 22, 2026