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Premier Asset Management Group PLC (GB:PMI)
LSE:PMI
UK Market

Premier Asset Management (PMI) AI Stock Analysis

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Premier Asset Management

(LSE:PMI)

Rating:64Neutral
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 (PMI) vs. iShares MSCI United Kingdom ETF (EWC)

Premier Asset Management Business Overview & Revenue Model

Company DescriptionPremier 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 MoneyPMI 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
55
Neutral
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
72
Positive
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
60
Neutral
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
TTMSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income StatementTotal Revenue
65.86M64.04M68.47M90.23M94.73M77.72M
Gross Profit
53.40M62.00M60.86M75.11M78.05M60.95M
EBIT
3.86M2.36M5.70M15.16M18.90M14.10M
EBITDA
9.28M9.02M11.65M21.02M25.33M15.43M
Net Income Common Stockholders
2.09M1.88M3.68M9.57M14.03M5.89M
Balance SheetCash, Cash Equivalents and Short-Term Investments
19.03M35.90M39.15M47.85M51.20M38.69M
Total Assets
132.81M224.33M257.01M282.59M302.08M193.15M
Total Debt
0.002.31M2.60M1.15M2.02M2.92M
Net Debt
-18.16M-33.57M-35.34M-44.62M-45.66M-33.08M
Total Liabilities
87.95M105.32M135.94M155.83M169.85M63.45M
Stockholders Equity
44.86M119.01M121.06M126.76M132.22M129.69M
Cash FlowFree Cash Flow
9.33M7.66M5.67M17.11M29.26M4.68M
Operating Cash Flow
9.75M7.95M5.83M17.32M29.32M4.81M
Investing Cash Flow
-289.00K112.00K1.24M888.00K-493.00K25.30M
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 Price61.00
Price Trends
50DMA
51.94
Positive
100DMA
53.56
Positive
200DMA
56.89
Positive
Market Momentum
MACD
2.66
Negative
RSI
71.91
Negative
STOCH
50.65
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

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
$12.77B9.797.55%17015.06%12.20%-6.98%
GBPMI
64
Neutral
£94.98M49.191.57%9.84%-8.09%-51.20%
GBFEN
£49.16M17.626.73%3.44%
GBREC
82
Outperform
£102.79M10.9933.39%8.49%4.14%-4.64%
61
Neutral
£119.50M-3.67%3.32%35.36%-153.97%
$91.95M7.554.66%
62
Neutral
£148.01M29.31
6.82%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:PMI
Premier Asset Management
64.00
-6.99
-9.85%
GB:FEN
Frenkel Topping
40.00
-9.48
-19.16%
GB:MERC
Mercia Asset Management
27.70
-3.85
-12.20%
GB:REC
Record plc
54.00
-5.35
-9.01%
KROEF
KR1
0.42
-0.48
-53.33%
GB:DORE
Downing Renewables & Infrastructure Trust Plc
82.00
8.17
11.07%

Premier Asset Management Corporate Events

Business Operations and StrategyFinancial Disclosures
Premier Miton Group to Present 2025 Interim Results
Positive
May 12, 2025

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.

Business Operations and Strategy
Premier Miton Directors Participate in Share Incentive Plan
Positive
Apr 28, 2025

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.

Business Operations and StrategyFinancial Disclosures
Premier Miton Reports Decrease in AuM Amid Market Volatility
Neutral
Apr 16, 2025

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.

Regulatory Filings and Compliance
Premier Miton Group Announces Director Share Transfer
Neutral
Apr 15, 2025

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.

Business Operations and Strategy
Premier Miton Group Announces Change in Major Holdings
Neutral
Mar 26, 2025

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.

Delistings and Listing ChangesM&A TransactionsBusiness Operations and Strategy
Premier Miton Group Expands with New Equity Admission
Positive
Mar 14, 2025

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.

Private Placements and FinancingM&A TransactionsBusiness Operations and Strategy
Premier Miton Completes Tellworth Acquisition and Issues New Equity
Positive
Mar 11, 2025

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.

Executive/Board ChangesBusiness Operations and Strategy
Premier Miton Announces Director Share Awards Vesting
Neutral
Mar 10, 2025

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.

Regulatory Filings and Compliance
Premier Miton Group PLC Announces Change in Major Holdings
Neutral
Mar 10, 2025

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.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.