Want to see GB:ONWD full AI Analyst Report?
Top Page
Onward Opportunities Ltd.
(LSE:ONWD)
Select Model
Select Model
Rating:66Neutral
Price Target:
161.00 p
▲(6.27% Upside)
Action:N/A
Date:01/04/26
The score is driven primarily by strong profitability improvement and a conservative, debt-free balance sheet, offset by materially negative and worsening operating/free cash flow that undermines earnings quality. Technically the trend is positive, but conditions appear overbought, adding near-term downside risk; valuation cannot be assessed due to missing P/E and dividend yield.
Onward Opportunities Ltd. (ONWD) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£55.15M
Dividend YieldN/A
Average Volume (3M)39.69K
Price to Earnings (P/E)―
Beta (1Y)0.10
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees200
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)0.10
Shares Outstanding34,041,595
10 Day Avg. Volume50,257
30 Day Avg. Volume39,690
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.75
Price to Sales (P/S)4.47
P/FCF Ratio-2.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Onward Opportunities Ltd. Business Overview & Revenue Model
Company Description
Onward Opportunities Ltd. operates as a closed-ended investment vehicle, primarily targeting smaller UK enterprises that are publicly listed on the London Stock Exchange. The company commenced operations on January 31, 2023, and is officially base...
How the Company Makes Money
null...
Onward Opportunities Ltd. Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
87
Very Positive
Cash Flow
28
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 66.00K | 5.18M | 149.00K |
| Gross Profit | 0.00 | 5.18M | 137.00K |
| EBITDA | -239.00K | 4.83M | -310.00K |
| Net Income | 1.72M | 4.83M | 1.53M |
Balance Sheet | |||
| Total Assets | 20.71M | 31.69M | 17.30M |
| Cash, Cash Equivalents and Short-Term Investments | 443.00K | 362.00K | 407.00K |
| Total Debt | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 287.00K | 665.00K | 228.00K |
| Stockholders Equity | 20.42M | 31.02M | 17.07M |
Cash Flow | |||
| Free Cash Flow | 0.00 | -9.17M | 0.00 |
| Operating Cash Flow | -298.00K | -9.17M | -252.00K |
| Investing Cash Flow | -1.30M | 0.00 | -14.88M |
| Financing Cash Flow | 1.63M | 9.13M | 15.54M |
Onward Opportunities Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | £26.88B | 4.94 | 17.91% | 3.19% | -25.49% | 3.34% | |
74 Outperform | £1.18B | 9.93 | 9.21% | ― | -78.12% | 30945.45% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | £55.15M | ― | 18.04% | ― | ― | ― | |
58 Neutral | £577.76M | 8.82 | 7.14% | 2.09% | -35.12% | ― | |
44 Neutral | £2.55M | -5.91 | -17.10% | 1.86% | ― | 68.42% |
* Financial Sector Average
GB:ONWD
Onward Opportunities Ltd.
162.00
33.50
26.07%
GB:III
3i Group plc
2,651.00
-1,036.67
-28.11%
GB:TRUE
Braveheart Investment
3.25
1.15
54.76%
GB:GROW
Molten Ventures
675.00
317.60
88.86%
GB:IPO
IP Group plc
65.90
9.30
16.43%
GB:PGV
Praetura Growth VCT PLC
100.00
0.00
0.00%
Onward Opportunities Ltd. Corporate Events
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Onward Opportunities posts record NAV and outperformance as capital inflows surge
Positive
Mar 2, 2026
Onward Opportunities reported another year of robust growth, with net asset value rising 11.1% in 2025 to an all-time high of 143.7p per share and total shareholder return reaching 7.6% for the year. Since its March 2023 inception, the trust has d...
Business Operations and StrategyDelistings and Listing Changes
Onward Opportunities Weighs Move to London Main Market
Positive
Mar 2, 2026
Onward Opportunities Limited has announced that it is exploring the migration of its ordinary shares to the closed-ended investment fund category of the Financial Conduct Authority’s Official List and to trading on the Main Market of the Lon...
Business Operations and Strategy
Onward Opportunities Names Cavendish as Nominated Adviser and Sole Broker
Positive
Feb 5, 2026
Onward Opportunities Limited has appointed Cavendish Capital Markets Limited as its nominated adviser and sole broker with immediate effect, replacing its previous advisory arrangements. The move consolidates its capital markets support under a si...
Business Operations and StrategyPrivate Placements and Financing
Onward Opportunities Raises £4.51m to Back UK Smaller Company Strategy
Positive
Jan 19, 2026
Onward Opportunities Limited has raised an additional £0.79 million through a direct subscription of 541,079 new ordinary shares at 146.13 pence each, taking total gross proceeds from its recent equity raise to £4.51 million and net proc...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Onward Opportunities Hits Record NAV and Extends Lead Over UK Small-Cap Benchmarks
Positive
Jan 12, 2026
Onward Opportunities reported another year of strong performance, with net asset value reaching an all-time high of 143.7p per share at 31 December 2025, representing a 12‑month NAV return of 11.1% and a 50.2% NAV gain since its March 2023 l...
Business Operations and StrategyPrivate Placements and Financing
Onward Opportunities Raises £3.7m at Premium to NAV to Back UK Small-Cap Pipeline
Positive
Jan 12, 2026
Onward Opportunities Limited has raised £3.72 million through a direct subscription of 2,547,827 new ordinary shares at 146.13 pence per share, a 1.7% premium to its end-2025 unaudited NAV, to fund further investments in its UK smaller compan...
Business Operations and StrategyFinancial Disclosures
Onward Opportunities Publishes Q4 2025 Factsheet for UK Small-Cap Portfolio
Positive
Jan 6, 2026
Onward Opportunities Limited, a specialist investor in UK small and micro-cap companies, has published its Q4 factsheet for the three months to 31 December 2025 on its website, providing shareholders and potential investors with updated portfolio ...
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.