Want to see GB:KGH full AI Analyst Report?
Top Page
Knights Group Holdings Plc
(LSE:KGH)
Select Model
Select Model
Rating:61Neutral
Price Target:
179.00 p
▲(6.23% Upside)
Action:Reiterated
Date:07/07/26
The score is primarily supported by solid cash-flow performance and a clearly positive technical trend (price above major moving averages with a positive MACD). Offsetting these strengths are elevated balance-sheet leverage and a very high P/E valuation, which together raise risk if profitability or execution weakens.
Positive Factors
Consistent Revenue Growth
Consistent revenue expansion, including a 14.8% increase in 2026, indicates continued demand for the group's legal and advisory work. Sustained top-line growth can support investment in fee earners, broaden client relationships and provide a durable base for cash generation over the next several quarters.
Negative Factors
Rising Balance-Sheet Leverage
The sharp increase in debt relative to broadly stable equity has made the capital structure more leveraged. Higher borrowings can reduce financial flexibility, increase financing obligations and constrain the company's ability to absorb weaker trading or fund expansion from its existing balance sheet.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent Revenue Growth
Consistent revenue expansion, including a 14.8% increase in 2026, indicates continued demand for the group's legal and advisory work. Sustained top-line growth can support investment in fee earners, broaden client relationships and provide a durable base for cash generation over the next several quarters.
Read all positive factors
Knights Group Holdings Plc (KGH) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£147.60M
Dividend Yield2.94%
Average Volume (3M)172.15K
Price to Earnings (P/E)30.9
Beta (1Y)-0.13
Revenue Growth28.41%
EPS Growth-36.92%
CountryUK
Employees1,663
SectorIndustrials
Sector Strength72
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)0.06
Shares Outstanding85,813,470
10 Day Avg. Volume107,438
30 Day Avg. Volume172,153
Financial Highlights & Ratios
PEG Ratio-0.85
Price to Book (P/B)1.37
Price to Sales (P/S)0.69
P/FCF Ratio8.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£355.00Price Target Upside110.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.3
Revenue Forecast (FY)£224.98M
Knights Group Holdings Plc Business Overview & Revenue Model
Company Description
Knights Group Holdings plc, a UK-based firm established in 1759 and headquartered in Newcastle-under-Lyme, delivers a broad spectrum of legal and professional services across the United Kingdom. Their extensive business offerings encompass areas s...
How the Company Makes Money
KGH primarily makes money by charging fees for professional services delivered by its lawyers and advisers. Revenue is largely generated from billable work and fixed-fee engagements across its practice areas, with income typically recognized as wo...
Knights Group Holdings Plc Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
55
Neutral
Cash Flow
71
Positive
| Breakdown | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 207.98M | 161.97M | 149.96M | 142.08M | 125.60M |
| Gross Profit | 192.02M | 64.36M | 56.95M | 130.47M | 48.74M |
| EBITDA | 41.99M | 28.58M | 31.72M | 26.80M | 14.18M |
| Net Income | 4.74M | 7.58M | 9.85M | 7.94M | -2.53M |
Balance Sheet | |||||
| Total Assets | 287.18M | 278.61M | 219.10M | 212.17M | 206.28M |
| Cash, Cash Equivalents and Short-Term Investments | 6.03M | 5.85M | 5.45M | 4.04M | 4.10M |
| Total Debt | 122.63M | 124.95M | 81.19M | 78.18M | 79.68M |
| Total Liabilities | 182.07M | 174.08M | 118.84M | 119.36M | 120.62M |
| Stockholders Equity | 105.11M | 104.53M | 100.26M | 92.81M | 85.66M |
Cash Flow | |||||
| Free Cash Flow | 17.82M | 13.50M | 14.63M | 14.41M | 7.52M |
| Operating Cash Flow | 24.17M | 25.25M | 22.83M | 16.33M | 10.11M |
| Investing Cash Flow | -13.04M | -38.09M | -14.33M | -7.85M | -10.33M |
| Financing Cash Flow | -11.03M | 13.32M | -7.09M | -8.67M | 1.52M |
Knights Group Holdings Plc Technical Analysis
Negative
168.50
Price Trends
179.67
Negative
178.26
Negative
174.80
Negative
Market Momentum
-2.90
Negative
42.32
Neutral
51.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:KGH, the sentiment is Negative. The current price of 168.5 is below the 20-day moving average (MA) of 173.67, below the 50-day MA of 179.67, and below the 200-day MA of 174.80, indicating a bearish trend. The MACD of -2.90 indicates Negative momentum. The RSI at 42.32 is Neutral, neither overbought nor oversold. The STOCH value of 51.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:KGH.
Knights Group Holdings Plc Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | £184.92M | 17.29 | 59.02% | 9.13% | 17.88% | 28.90% | |
64 Neutral | £454.68M | -4.71 | -12.70% | 5.32% | -0.86% | -481.50% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | £147.60M | 30.88 | 4.58% | 2.94% | 28.41% | -36.92% | |
60 Neutral | £379.80M | 136.49 | 1.30% | 2.41% | 8.11% | -69.68% | |
42 Neutral | £309.03M | -1.54 | -677.10% | 5.94% | -16.13% | -1315.87% |
* Industrials Sector Average
GB:KGH
Knights Group Holdings Plc
170.00
5.44
3.30%
GB:CPI
Capita plc
258.50
13.50
5.51%
GB:RST
Restore
286.00
32.91
13.00%
GB:RWS
RWS Holdings
119.40
34.46
40.57%
GB:KEYS
Keystone Law Group Plc
588.00
27.88
4.98%
Knights Group Holdings Plc Corporate Events
Business Operations and StrategyExecutive/Board Changes
Knights Grants Long-Term Share Awards to Senior Executives
Positive
Sep 1, 2026
Knights Group Holdings has granted new equity awards to senior executives under its Omnibus Plan, issuing performance share and restricted stock awards over ordinary shares. Chief Experience Officer Joanne Beech received 160,000 performance shares...
Business Operations and StrategyM&A Transactions
Knights to buy Moore Barlow units in £27m South East expansion push
Positive
Aug 21, 2026
Knights Group Holdings plc has agreed to acquire the commercial and private wealth service lines of Moore Barlow LLP, one of the South East’s largest regional law firms, in a move that deepens its presence in the South East and South Central...
Business Operations and StrategyM&A Transactions
Knights boosts Thames Valley presence with £4m THP Solicitors acquisition
Positive
Aug 17, 2026
Knights Group Holdings plc has agreed to acquire THP Solicitors Limited, a long-established Thames Valley law firm with strengths in private wealth, family and real estate, in a £4m cash- and debt-free deal. The move builds on Knights’ ...
Financial DisclosuresShareholder Meetings
Knights Group Publishes 2026 Annual Report and Sets AGM Date
Positive
Aug 13, 2026
Knights Group Holdings plc has published its Annual Report for the year ended 30 April 2026, which includes the notice of its upcoming Annual General Meeting. The AGM is scheduled for 10:30 a.m. on 29 September 2026 at the company’s Newcastl...
Business Operations and StrategyDividendsFinancial DisclosuresM&A TransactionsPrivate Placements and Financing
Knights Group lifts revenue 28% as regional legal expansion gathers pace
Positive
Jul 6, 2026
Knights Group Holdings plc reported a strong set of full-year results for the year to 30 April 2026, with underlying revenue up 28% to £207.7m and organic growth improving to 7%, including 12% in the second half. Underlying EBITDA rose 20% to...
Business Operations and StrategyFinancial Disclosures
Knights to Brief Investors on Full-Year Results via Equity Development Webinar
Positive
Jun 26, 2026
Knights Group Holdings plc, a national legal and professional services firm and one of the UK’s top 50 law practices by revenue, has expanded rapidly since adopting a corporate structure in 2012 and now operates 29 offices across major regio...
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.