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NAHL Group Plc (NAH) AI Stock Analysis
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NAHL Group Plc
(LSE:NAH)
The score is driven by strong earnings-call momentum (upgraded outlook and expected move to net cash), attractive valuation (low P/E), and supportive technical uptrend (price above major moving averages with positive MACD). The main constraint is financial volatility, highlighted by the large 2024 loss despite the 2025 recovery and steady free cash flow.
NAHL Group Plc (NAH) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 23.26M
- Dividend Yield
- ―
- Average Volume (3M)
- 112.98K
- Price to Earnings (P/E)
- 6.5
- Beta (1Y)
- -0.16
- Revenue Growth
- 1.45%
- EPS Growth
- ―
- Country
- UK
- Employees
- 261
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Advertising Agencies
NAHL Group Plc Business Overview & Revenue Model
Company Description
NAHL Group Plc, along with its subsidiaries, delivers a diverse range of products and services to both private individuals and businesses across the United Kingdom. The company primarily targets two key sectors: consumer legal support and the intrica...
How the Company Makes Money
NAHL Group historically generates revenue primarily by (1) marketing and lead generation for consumer legal claims and (2) monetising those enquiries through referral/marketing fees or other commercial arrangements with law firms or legal service pro...
NAHL Group Plc Earnings Call Summary
The call was broadly positive. The group delivered revenue, profit and cash-flow growth, reduced net debt to its lowest level since IPO, reported strong personal injury settlements and pipelines, and upgraded expectations to reach net cash by the end of October. These positives outweighed challenges in case management, expert-witness capacity, higher inquiry acquisition costs, a smaller recent National Accident Law intake and court-related delays.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
The Board upgraded its previous expectations for 2026 outturn and now anticipate being in a net cash position by the end of October for the first time since IPO; the sale of Searches UK is expected to complete shortly, with around GBP 1.1 million in cash on completion, while the GBP 1.85 million contract-dispute settlement is due to be paid on or before the 15th of October 2026. NAL case revenues are expected to be lower over the coming periods on an absolute basis, although July and August settlements were 3% fewer and cash from those settlements was up 22% to GBP 1.8 million; Bush & Co. expects report numbers to grow in the future, its new technology to come online over the next few months, and the transition to its employed case management team to complete fully by early next year. Bush & Co. Care Solutions anticipates breaking through the GBP 1 million revenue barrier this year, while options are being progressed to accelerate growth even further over the next few years.
NAHL Group Plc Financial Statement Overview
Summary
Financials show a solid 2025 profitability rebound and improved leverage, supported by consistently positive free cash flow. However, the severe 2024 loss and volatile returns/revenue trends indicate meaningful earnings volatility risk, keeping the score in the mid range.
Income Statement
62PositiveBalance Sheet
58NeutralCash Flow
74Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 39.18M | 40.04M | 38.80M | 42.19M | 41.42M | 38.95M |
| Gross Profit | 20.44M | 19.90M | 18.37M | 18.71M | 16.19M | 15.92M |
| EBITDA | 7.81M | 7.97M | -36.71M | 3.32M | 6.48M | 5.91M |
| Net Income | 3.59M | 3.26M | -39.29M | 384.00K | 385.00K | 156.00K |
Balance Sheet | ||||||
| Total Assets | 47.89M | 46.10M | 47.90M | 91.91M | 96.21M | 97.87M |
| Cash, Cash Equivalents and Short-Term Investments | 3.16M | 1.51M | 1.85M | 2.01M | 2.65M | 2.46M |
| Total Debt | 5.34M | 5.88M | 10.44M | 13.44M | 17.93M | 20.11M |
| Total Liabilities | 23.38M | 23.48M | 28.77M | 33.85M | 38.89M | 41.25M |
| Stockholders Equity | 24.51M | 22.62M | 19.13M | 58.06M | 57.32M | 56.62M |
Cash Flow | ||||||
| Free Cash Flow | 7.06M | 6.54M | 4.89M | 7.20M | 5.74M | 4.52M |
| Operating Cash Flow | 7.13M | 6.60M | 5.08M | 7.51M | 6.02M | 5.14M |
| Investing Cash Flow | -2.33M | -2.37M | -130.00K | -339.00K | -3.56M | -4.04M |
| Financing Cash Flow | -3.25M | -4.57M | -5.11M | -7.82M | -2.26M | -2.25M |
NAHL Group Plc Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:NAH, the sentiment is Positive. The current price of 48.00 is above the 20-day moving average (MA) of 44.49, above the 50-day MA of 39.16, and above the 200-day MA of 36.04, indicating a bullish trend. The MACD of 2.46 indicates Negative momentum. The RSI at 71.19 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:NAH.
NAHL Group Plc Peers Comparison
Overall Rating
- GB:NAH75Outperform
GB:SYS162Neutral
GB:TMG56Neutral
GB:DNM47Neutral
GB:EBQ35Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| GB:NAH | 75Outperform | GBP 23.26M | 6.45 | 15.24% | ― | 1.45% | ― |
| GB:SYS1 | 62Neutral | GBP 41.87M | 31.88 | 9.14% | 1.82% | -1.27% | -70.61% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| GB:TMG | 56Neutral | GBP 24.46M | -1.57 | -26.56% | ― | 13.48% | -495.86% |
| GB:DNM | 47Neutral | GBP 19.52M | -27.66 | -10.38% | ― | 2.25% | -158.24% |
| GB:EBQ | 35Underperform | GBP 12.68M | -2.84 | -19.11% | ― | -6.88% | 63.74% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:NAH | NAHL Group Plc | 48.00 | 7.30 | 17.94% | |
| GB:EBQ | Ebiquity plc | 9.13 | -5.38 | -37.07% | |
| GB:TMG | The Mission Group plc | 27.00 | 6.50 | 31.71% | |
| GB:SYS1 | System1 Group plc | 330.00 | 94.30 | 40.01% | |
| GB:DNM | Dianomi Plc | 65.00 | 47.50 | 271.43% |
NAHL Group Plc Corporate Events
NAHL Group completes sale of non-core Searches UK unit to refocus on core legal services
PositiveNAHL Group has completed the sale of its non-core, wholly owned subsidiary Searches UK Limited to TM Group (UK) Limited for an enterprise value of £1.23 million on a cash- and debt-free basis. The disposal, concluded on previously agreed terms,...
NAHL Group lifts profits, cuts debt as legal and critical care units grow
PositiveNAHL Group reported a solid first half, with revenue up 5% to £18.3m, underlying operating profit rising 13% and profit before tax jumping 31% to £2.3m, supported by strong cash generation and a two-thirds reduction in net debt to £1.1...
NAHL Group secures £1.85m settlement in contract dispute
PositiveNAHL Group has resolved a long-running contract dispute with a supplier in its Consumer Legal Services division, securing a £1.85m payment due by 15 October 2026 in full and final settlement. The income had not been included in prior financial r...
NAHL Group to unveil half-year results with open investor webcast
NeutralNAHL Group plc, a leading player in the UK consumer legal services sector, operates across two main divisions: Consumer Legal Services, which supports law firms and claimants through brands including National Accident Helpline and National Accident L...
NAHL Group to Sell Non-Core Searches UK Unit to TM Group
PositiveNAHL Group Plc has agreed to sell its non-core subsidiary Searches UK Limited, a provider of residential and commercial property conveyancing searches, to TM Group (UK) Limited for an enterprise value of £1.23m. Searches UK, acquired in 2016 and...
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 07, 2026