Premier Asset Management (PMI) AI Stock Analysis

• Market Cap: £94.98M
• Dividend Yield: 9.84%
• Average Volume (3M): 260.88K
• Price to Earnings (P/E): 49.2
• Beta (1Y): 1.09
• Revenue Growth: -8.09%
• EPS Growth: -51.20%
• Country: UK
• Employees: 160
• Sector: Financial
• Sector Strength: 82
• Industry: Asset Management
• EPS (TTM): 0.03
• Shares Outstanding: 163,285,960
• 10 Day Avg. Volume: 327,320
• 30 Day Avg. Volume: 260,885
• PEG Ratio: -0.91
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.13
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: 59.00p ▼(-3.28%Downside)

Premier Asset Management presents a mixed picture with strong cash flows and strategic initiatives bolstering its market position. However, declining revenues and profitability margins remain significant concerns. The high P/E ratio suggests caution regarding overvaluation, but the attractive dividend yield provides some offset. Weak technical momentum indicates potential short-term challenges.

Premier Asset Management Business Overview & Revenue Model

Company Description

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.

How the Company Makes Money

PMI generates revenue primarily through management fees charged on the assets under management (AUM). These fees are typically a percentage of the total AUM and can vary based on the type of investment products and services provided. Additionally, the company may earn performance fees, which are contingent upon achieving specific investment benchmarks or returns. PMI may also engage in strategic partnerships with financial institutions and leverage these relationships to expand its service offerings and client base, further contributing to its revenue streams.

Premier Asset Management Financial Statement Overview

Summary

Premier Asset Management shows a mixed financial performance. The income statement reveals declining revenues and profitability margins, although gross profit margins remain high. The balance sheet is strong, with low leverage and high equity ratios, but declining ROE is a concern. Cash flows are robust, indicating strong operational cash generation despite declining net income.

Income Statement

The income statement shows a declining revenue trend over the past years, with a 6.47% decrease from 2023 to 2024. Gross profit margin remains high at around 96.8% in 2024, reflecting strong cost management. However, net profit margin has decreased from 5.37% in 2023 to 2.94% in 2024, indicating diminished profitability. EBIT and EBITDA margins have also decreased, suggesting reduced operating efficiency.

Balance Sheet

The balance sheet is relatively healthy, with a low debt-to-equity ratio of 0.02, indicating conservative leverage. The equity ratio remains robust at 53.06%, showing a solid capital structure. ROE has decreased to 1.58% in 2024, reflecting lower profitability. Nevertheless, the company maintains a strong liquidity position with substantial cash reserves.

Cash Flow

Cash flow analysis highlights a significant improvement in operating cash flow from 2023 to 2024 by 36.25%, indicating better operational cash generation. However, free cash flow growth rate is modest at 35.06%. The operating cash flow to net income ratio is significantly high at 4.22, demonstrating strong cash generation relative to accounting profits. The free cash flow to net income ratio is also high at 4.07, reflecting strong free cash flow relative to net income.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
65.86M	64.04M	68.47M	90.23M	94.73M	77.72M
	Gross Profit
53.40M	62.00M	60.86M	75.11M	78.05M	60.95M
	EBIT
3.86M	2.36M	5.70M	15.16M	18.90M	14.10M
	EBITDA
9.28M	9.02M	11.65M	21.02M	25.33M	15.43M
	Net Income Common Stockholders
2.09M	1.88M	3.68M	9.57M	14.03M	5.89M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
19.03M	35.90M	39.15M	47.85M	51.20M	38.69M
	Total Assets
132.81M	224.33M	257.01M	282.59M	302.08M	193.15M
	Total Debt
0.00	2.31M	2.60M	1.15M	2.02M	2.92M
	Net Debt
-18.16M	-33.57M	-35.34M	-44.62M	-45.66M	-33.08M
	Total Liabilities
87.95M	105.32M	135.94M	155.83M	169.85M	63.45M
	Stockholders Equity
44.86M	119.01M	121.06M	126.76M	132.22M	129.69M
Cash Flow		Free Cash Flow
9.33M	7.66M	5.67M	17.11M	29.26M	4.68M
	Operating Cash Flow
9.75M	7.95M	5.83M	17.32M	29.32M	4.81M
	Investing Cash Flow
-289.00K	112.00K	1.24M	888.00K	-493.00K	25.30M
	Financing Cash Flow
-10.30M	-10.09M	-14.90M	-20.12M	-17.15M	-14.81M

Premier Asset Management Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 61.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PMI, the sentiment is Positive. The current price of 61 is above the 20-day moving average (MA) of 56.62, above the 50-day MA of 51.94, and above the 200-day MA of 56.89, indicating a bullish trend. The MACD of 2.66 indicates Negative momentum. The RSI at 71.91 is Negative, neither overbought nor oversold. The STOCH value of 50.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PMI.

Premier Asset Management Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.77B	9.79	7.55%	17015.06%	12.20%	-6.98%
PMI	64 Neutral	£94.98M	49.19	1.57%	9.84%	-8.09%	-51.20%
FEN		£49.16M	17.62	6.73%	3.44%	―	―
REC	82 Outperform	£102.79M	10.99	33.39%	8.49%	4.14%	-4.64%
MERC	61 Neutral	£119.50M	―	-3.67%	3.32%	35.36%	-153.97%
KROEF		$91.95M	7.55	4.66%	―	―	―
DORE	62 Neutral	£148.01M	29.31		6.82%	―	―

Premier Asset Management Corporate Events

Premier Miton Group to Present 2025 Interim Results

Premier Miton Group plc has announced that its CEO, Mike O’Shea, and Piers Harrison will present the 2025 Interim Results via a live presentation on 29 May 2025. This event is open to all existing and potential shareholders, allowing them to submit questions in advance or during the presentation. This initiative underscores Premier Miton’s commitment to transparency and engagement with its stakeholders, potentially enhancing its market position and investor relations.

Premier Miton Directors Participate in Share Incentive Plan

Premier Miton Group plc announced that its Share Incentive Plan, managed by Global Shares Trustees (UK) Limited, acquired 59,432 ordinary shares at 49.94 pence per share. Directors Piers Harrison and Mike O’Shea participated in the plan by acquiring partnership shares and receiving matching shares, reflecting their continued commitment to the company. This transaction underscores Premier Miton’s strategy of aligning management interests with shareholders, potentially enhancing investor confidence and market positioning.

Premier Miton Reports Decrease in AuM Amid Market Volatility

Premier Miton Group PLC reported a decrease in its Assets under Management (AuM) to £10.2 billion as of March 31, 2025, down from £10.7 billion at the end of September 2024. The decline was primarily due to significant net outflows from its European equity strategies, although there was strong demand for its absolute return funds. The company has identified £3 million in annual cost efficiencies to be implemented by September 2025, aiming to optimize operations amidst challenging market conditions. Despite these challenges, Premier Miton remains optimistic about its diversified portfolio and the potential for future growth, supported by a strong new business pipeline and recognition in the Pridham Report for its sales performance.

Premier Miton Group Announces Director Share Transfer

Premier Miton Group PLC announced a transaction involving Mike O’Shea, a director, who transferred 1,900,000 ordinary shares to a nominee account without changing beneficial ownership. This move, compliant with UK Market Abuse Regulation, suggests internal restructuring of shareholding without impacting market dynamics or shareholder interests.

Premier Miton Group Announces Change in Major Holdings

Premier Miton Group PLC, a UK-based company, has announced a change in its major holdings. Octopus Investments Limited has reduced its voting rights in Premier Miton Group from 10.99% to 9.99%, as of March 25, 2025. This adjustment in holdings may impact the company’s shareholder dynamics and influence its strategic decisions moving forward.

Premier Miton Group Expands with New Equity Admission

Premier Miton Group plc has announced the issuance and admission of Additional Consideration Shares to AIM, following their acquisition of Tellworth Investments LLP. These shares, allotted to John Warren and Paul Marriage, come with selling restrictions requiring them to be held for at least three years from the completion date of January 30, 2024. This move signifies Premier Miton’s strategic growth and consolidation in the investment management sector, potentially enhancing its market position and providing stability for stakeholders.

Premier Miton Completes Tellworth Acquisition and Issues New Equity

Premier Miton Group PLC has completed the acquisition of Tellworth Investments LLP, marking a significant growth in assets under management by £227 million to £698 million. The company plans to issue new shares as part of the additional consideration, with an application made to the London Stock Exchange for these shares to be admitted to trading on AIM, reflecting a strategic expansion in its market presence.

Premier Miton Announces Director Share Awards Vesting

Premier Miton Group plc announced the vesting and exercise of nil cost contingent share awards for two of its directors, Piers Harrison and Mike O’Shea. These transactions involved the sale of a portion of shares to cover tax liabilities, with the remaining shares transferred to the directors. This move reflects the company’s ongoing commitment to aligning management incentives with shareholder interests, potentially impacting its market positioning and stakeholder relations.

Premier Miton Group PLC Announces Change in Major Holdings

Premier Miton Group PLC, a UK-based asset management company, has announced a change in its major holdings. The notification reveals that Rysaffe Trustee Company (C.I.) Limited, as Trustee of The Eastgate Court Trust, has adjusted its voting rights in Premier Miton Group PLC to 2.70%, down from a previous position of 3.02%. This change in holdings could impact the company’s shareholder dynamics and influence future decision-making processes.