Portmeirion (PMP) AI Stock Analysis

• Market Cap: £16.20M
• Dividend Yield: 2.98%
• Average Volume (3M): 8.15K
• Price to Earnings (P/E): 186.5
• Beta (1Y): 0.18
• Revenue Growth: -3.72%
• EPS Growth: N/A
• Country: UK
• Employees: 659
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -0.21
• Shares Outstanding: 14,021,454
• 10 Day Avg. Volume: 11,333
• 30 Day Avg. Volume: 8,154
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: £115.00
• Price Target Upside: -2.13% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: 115.00p ▼(-2.13% Downside)

Portmeirion's stock score is primarily impacted by its financial performance and technical analysis. The company's financials show volatility and liquidity concerns, while technical indicators suggest bearish momentum. The high P/E ratio raises valuation concerns, further impacting the overall score.

Portmeirion Business Overview & Revenue Model

Company Description

Portmeirion Group PLC manufactures, markets, and distributes ceramics, home fragrances, and associated homeware products in the United Kingdom, the United States, South Korea, and internationally. It offers tableware, cookware, giftware, glassware, and tabletop accessories under the Portmeirion, Spode, Wax Lyrical, Royal Worcester, Nambé, and Pimpernel brand names. The company provides placemats, coasters, bone china and porcelain tableware, wood, glass and metal alloy giftware, and other products. It is also involved in property business. The company sells its products directly to retailers and independent stores through a network of agents and distributors, as well as through its own retail shops and Websites. Portmeirion Group PLC was incorporated in 1912 and is headquartered in Stoke-on-Trent, the United Kingdom.

How the Company Makes Money

Portmeirion generates revenue through multiple key streams, primarily from the sale of its ceramic products to retailers and consumers. The company distributes its goods through a combination of wholesale and direct-to-consumer channels, including online sales via its own e-commerce platform and third-party retailers. Significant revenue is derived from partnerships with major retailers and export activities, particularly in markets like North America and Europe. Additionally, seasonal promotions and product launches help drive sales, while licensing agreements for certain designs further enhance revenue opportunities.

Portmeirion Financial Statement Overview

Summary

Portmeirion exhibits a mixed financial health profile. While the balance sheet remains relatively strong with a robust equity ratio, the income statement and cash flow metrics reveal volatility and potential liquidity concerns. The company needs to focus on stabilizing its revenue streams and improving cash flow management to enhance long-term financial stability.

Income Statement

The company has experienced volatility in its revenue growth, with a noticeable decline in the most recent year. Gross and net profit margins have also been under pressure, with the net profit margin turning negative in 2023 and slightly recovering in 2024. The EBIT and EBITDA margins have shown fluctuations, indicating potential operational challenges. These factors suggest moderate performance with potential risks in profitability and revenue generation.

Balance Sheet

Portmeirion has maintained a stable equity base, although the debt-to-equity ratio has increased, indicating a higher leverage position. The return on equity has been inconsistent, reflecting the company's fluctuating profitability. However, the equity ratio remains healthy, suggesting a solid asset base relative to equity. Overall, the balance sheet shows resilience but with increased leverage risk.

Cash Flow

The company's cash flow generation has been unstable, with operating cash flow significantly declining in the latest period. Free cash flow has also turned negative, indicating potential liquidity challenges. The ratios of operating and free cash flow to net income highlight inefficiencies in cash conversion from earnings. These factors point to challenges in cash flow sustainability and liquidity management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	91.21M	102.74M	110.82M	106.02M	87.85M
Gross Profit	48.77M	56.70M	62.53M	59.66M	46.04M
EBITDA	6.32M	-2.31M	12.43M	10.80M	5.10M
Net Income	344.00K	-8.46M	5.55M	3.24M	-735.00K
Balance Sheet
Total Assets	102.39M	88.65M	104.50M	94.57M	89.93M
Cash, Cash Equivalents and Short-Term Investments	10.90M	888.00K	1.68M	7.62M	11.59M
Total Debt	29.92M	16.62M	18.12M	13.77M	18.16M
Total Liabilities	46.83M	33.66M	37.82M	32.62M	34.22M
Stockholders Equity	55.56M	54.99M	66.68M	61.95M	55.71M
Cash Flow
Free Cash Flow	-1.63M	6.67M	-6.27M	1.15M	4.45M
Operating Cash Flow	6.00K	9.60M	-240.00K	6.50M	7.20M
Investing Cash Flow	-1.64M	-2.92M	-6.58M	-4.56M	-3.28M
Financing Cash Flow	11.65M	-7.38M	670.00K	-5.93M	6.52M

Portmeirion Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 117.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PMP, the sentiment is Negative. The current price of 117.5 is below the 20-day moving average (MA) of 130.55, below the 50-day MA of 132.18, and below the 200-day MA of 152.71, indicating a bearish trend. The MACD of -1.68 indicates Positive momentum. The RSI at 18.25 is Positive, neither overbought nor oversold. The STOCH value of 28.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:PMP.

Portmeirion Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ULTP	75 Outperform	53.63M	7.59	―	10.12%	-7.42%	-42.84%
CFX	74 Outperform	49.20M	7.75	18.44%	0.62%	2.64%	23.89%
LIKE	70 Neutral	67.29M	50.00	1.95%	1.39%	9.26%	31.71%
PMP	46 Neutral	£16.20M	186.51	0.17%	2.98%	-3.72%	―
SDG	45 Neutral	34.62M	-2.26	-22.17%	3.12%	-7.59%	-285.33%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Portmeirion Corporate Events

Portmeirion Group Reports Sales Growth Amid US Tariff Challenges

Portmeirion Group PLC reported a 2.8% increase in sales at constant currency for the first half of 2025, with a notable 10.8% growth excluding the USA. The company faced significant challenges due to US import tariffs, prompting strategic adjustments such as accelerating its UK onshoring initiative and revising its US sales strategy. Despite these challenges, the company saw strong growth in South Korea and international markets, with Wax Lyrical performing well in the UK. The company is optimistic about modest sales growth in the second half of the year, driven by improvements in South Korea and international markets, while maintaining a cautious outlook for the US market.