Want to see GB:PEG full AI Analyst Report?
Top Page
Petards
(LSE:PEG)
Select Model
Select Model
Rating:55Neutral
Price Target:
10.50 p
▲(2.44% Upside)
Action:Reiterated
Date:08/25/26
The score is anchored by improving—but still incomplete—financial performance (cash flow recovery and better margins, yet continued net losses and uneven growth). Positive corporate events (order wins, growing order book, and improved outlook with lower debt) provide meaningful support, while neutral technicals and a loss-driven negative P/E keep the overall rating in the mid-range.
Positive Factors
Revenue Recovery
The 2025 revenue rebound indicates recovering demand for Petards’ security and surveillance systems. If supported by transport and critical-infrastructure spending, this can improve operating leverage and provide a stronger base for sustainable growth.
Negative Factors
Ongoing Losses
Despite improved EBITDA, Petards has not yet converted operational progress into bottom-line profitability. Continued net losses limit retained cash generation, constrain strategic flexibility and leave the recovery dependent on further execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
The 2025 revenue rebound indicates recovering demand for Petards’ security and surveillance systems. If supported by transport and critical-infrastructure spending, this can improve operating leverage and provide a stronger base for sustainable growth.
Read all positive factors
Petards (PEG) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£6.07M
Dividend YieldN/A
Average Volume (3M)31.48K
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth24.39%
EPS Growth65.82%
CountryUK
Employees112
SectorIndustrials
Sector Strength72
IndustryCommunication Equipment
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding60,705,040
10 Day Avg. Volume46,284
30 Day Avg. Volume31,485
Financial Highlights & Ratios
PEG Ratio0.23
Price to Book (P/B)1.04
Price to Sales (P/S)0.42
P/FCF Ratio6.83
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)>-0.01
Revenue Forecast (FY)£15.70M
Petards Business Overview & Revenue Model
Company Description
Petards Group plc, together with its subsidiaries, engages in the development, supply, and maintenance of technologies used in advanced security, surveillance, and ruggedised electronic applications in the United Kingdom, Continental Europe, and i...
How the Company Makes Money
Petards makes money primarily by selling security and surveillance products and by providing associated services. Key revenue streams typically include: (1) product/system sales (e.g., supply of video surveillance equipment and integrated security...
Petards Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
63
Positive
Cash Flow
58
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 14.95M | 12.02M | 9.42M | 10.87M | 13.57M |
| Gross Profit | 5.99M | 5.44M | 4.75M | 4.96M | 5.49M |
| EBITDA | 1.00M | -77.00K | -294.00K | 1.15M | 1.49M |
| Net Income | -406.00K | -1.13M | -1.05M | 524.00K | 865.00K |
Balance Sheet | |||||
| Total Assets | 12.48M | 13.25M | 10.72M | 11.96M | 11.95M |
| Cash, Cash Equivalents and Short-Term Investments | 12.00K | 168.00K | 1.24M | 2.02M | 2.28M |
| Total Debt | 2.41M | 2.56M | 732.00K | 339.00K | 767.00K |
| Total Liabilities | 6.49M | 6.85M | 3.53M | 3.71M | 4.22M |
| Stockholders Equity | 5.99M | 6.40M | 7.20M | 8.25M | 7.72M |
Cash Flow | |||||
| Free Cash Flow | 911.00K | -364.00K | -529.00K | 253.00K | 592.00K |
| Operating Cash Flow | 1.25M | 194.00K | 4.00K | 571.00K | 727.00K |
| Investing Cash Flow | -591.00K | -2.51M | -485.00K | -298.00K | -127.00K |
| Financing Cash Flow | -459.00K | -462.00K | -294.00K | -534.00K | -527.00K |
Petards Technical Analysis
Negative
10.25
Price Trends
9.99
Positive
10.19
Negative
10.14
Negative
Market Momentum
>-0.01
Positive
45.47
Neutral
39.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PEG, the sentiment is Negative. The current price of 10.25 is above the 20-day moving average (MA) of 10.14, above the 50-day MA of 9.99, and above the 200-day MA of 10.14, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.47 is Neutral, neither overbought nor oversold. The STOCH value of 39.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:PEG.
Petards Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | £9.67M | 14.52 | 4.23% | 3.43% | 10.89% | 9.05% | |
55 Neutral | £6.07M | -14.93 | -6.73% | ― | 24.39% | 65.82% | |
55 Neutral | £10.04M | 9.48 | 11.74% | ― | 10.08% | ― | |
53 Neutral | £3.56M | 17.33 | 14.23% | ― | 20.42% | ― | |
45 Neutral | £5.70M | -1.07 | -67.80% | ― | 44.63% | 59.14% |
* Industrials Sector Average
GB:PEG
Petards
10.00
1.50
17.65%
GB:CSSG
Croma Security Solutions
70.00
-4.19
-5.65%
GB:THRU
Thruvision Group plc
1.23
-0.32
-20.97%
GB:IGE
Image Scan Holdings
2.60
1.20
85.71%
GB:NWT
Newmark Security
106.50
29.00
37.42%
Petards Corporate Events
Business Operations and StrategyProduct-Related Announcements
Petards wins £0.7m rail orders and expands eyeBoS deployment
Positive
Aug 24, 2026
Petards has secured £0.7 million of orders for its Petards Joyce-Loebl rail business from a global train builder, covering equipment, engineering services and a three-year SaaS contract for its eyeBoS back-office software. Deliveries and init...
Business Operations and StrategyFinancial Disclosures
Petards lifts margins, trims debt and grows order book ahead of upbeat full-year outlook
Positive
Aug 17, 2026
Petards reported that the upward trend in its financial performance has continued into 2026, with improved margins compared with both the first half and full year of 2025, despite slightly lower revenues. The board expects to announce EBITDA growt...
Business Operations and StrategyFinancial Disclosures
Petards lifts margins, cuts debt and raises outlook for 2026
Positive
Aug 17, 2026
Petards reported that its upward trend in financial performance has continued into 2026, with improved margins compared with both the first half and full year of 2025, despite slightly lower revenues. The group’s EBITDA is expected to grow y...
Business Operations and Strategy
Petards’ QRO Solutions Wins £0.5m ANPR Contracts in UK and Gibraltar
Positive
Jul 7, 2026
Petards’ subsidiary QRO Solutions has secured purchase orders worth £0.5 million for ANPR equipment and support, underscoring continued demand for its enforcement technologies. The contracts highlight the Group’s role as a supplie...
Business Operations and Strategy
Petards boosts order book with new rail and defence contracts
Positive
Jul 7, 2026
Petards’ subsidiary Petards Joyce-Loebl has secured new Rail and Defence orders worth more than £0.9 million, strengthening the group’s short- and medium-term revenue visibility. The Rail division won a contract of over £0.5 ...
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.