Porvair (PRV) AI Stock Analysis

Porvair

(LSE:PRV)

Select Model

Rating:72Outperform

Price Target:GBX 970.00▲(15.20% Upside)

Action:upgraded

Date:08/06/26

The score is driven primarily by solid underlying financial quality (healthy margins and low leverage) and supportive technical strength (price above major moving averages with positive MACD). These positives are moderated by less compelling valuation support (P/E ~21.25 and ~0.54% yield) and mixed recent cash-flow and growth signals.

Positive Factors

Improving profitability and marginsHealthy and improving margins indicate Porvair is retaining value from its specialist filtration technologies. Rising net profitability since 2020 supports resilience and suggests operating efficiency or product mix benefits can remain relevant over the next several months.

Negative Factors

Weak and uncertain revenue momentumLimited top-line expansion makes it harder to sustain margin gains and absorb cost inflation over time. Weak revenue momentum may indicate softer customer volumes or delayed projects, increasing dependence on efficiency and mix improvements.

Porvair (PRV) vs. iShares MSCI United Kingdom ETF (EWC)

Market Cap: GBP 389.05M
Dividend Yield: 0.82%
Average Volume (3M): 34.63K
Price to Earnings (P/E): 21.1
Beta (1Y): 0.80
Revenue Growth: 3.47%
EPS Growth: 10.35%
Country: UK
Employees: 992
Sector: Industrials
Sector Strength: 63
Industry: Industrial - Pollution & Treatment Controls

Porvair Business Overview & Revenue Model

Company Description

Porvair plc, established in 1982 and based in King's Lynn, United Kingdom, is a prominent designer and manufacturer of filtration and environmental technology solutions. The company develops, produces, and distributes filtration and separation appara...

How the Company Makes Money

Porvair primarily makes money by selling filtration-related products and engineered solutions to industrial and scientific customers, with revenue typically derived from a mix of (1) recurring consumables and replacement parts and (2) higher-value en...

Porvair Financial Statement Overview

Summary

Solid profitability with improving margins (2025 gross margin ~35%, EBIT margin ~12.7%, net margin ~9.4%) and a conservatively financed balance sheet (debt-to-equity ~0.16). Offsetting this, revenue momentum appears weak/uncertain and 2025 free cash flow trends softened (FCF below net income at ~69% and negative FCF growth), which tempers the score.

Income Statement

72Positive

Balance Sheet

78Positive

Cash Flow

64Positive

Financial statement breakdown
Breakdown	TTM	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Nov 2021
Income Statement
Total Revenue	202.49M	193.98M	192.64M	176.01M	172.57M	146.31M
Gross Profit	72.05M	68.66M	65.11M	62.29M	58.98M	46.96M
EBITDA	34.41M	32.71M	30.22M	27.73M	25.69M	21.43M
Net Income	18.69M	18.15M	16.48M	15.97M	14.71M	11.94M
Balance Sheet
Total Assets	242.38M	223.57M	215.12M	196.07M	187.70M	169.61M
Cash, Cash Equivalents and Short-Term Investments	17.58M	22.87M	15.84M	16.84M	18.30M	15.44M
Total Debt	25.11M	26.42M	19.55M	16.19M	11.47M	17.45M
Total Liabilities	68.89M	55.89M	61.86M	55.63M	56.63M	60.66M
Stockholders Equity	173.35M	167.53M	153.13M	140.44M	131.07M	108.95M
Cash Flow
Free Cash Flow	14.53M	16.40M	16.39M	15.90M	13.39M	12.87M
Operating Cash Flow	23.67M	23.92M	21.52M	20.60M	18.28M	16.10M
Investing Cash Flow	-26.62M	-7.73M	-15.27M	-18.60M	-5.87M	-7.19M
Financing Cash Flow	1.13M	-7.06M	-6.39M	-5.81M	-10.16M	-8.89M

Porvair Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

GB:PRV against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GB:JHD	85Outperform	GBP 561.45M	15.72	19.54%	6.65%	-0.78%	-12.73%
GB:PRV	72Outperform	GBP 389.07M	21.05	10.96%	0.82%	3.47%	10.35%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GB:RST	60Neutral	GBP 405.76M	146.21	1.30%	2.37%	8.11%	-69.68%
GB:MGAM	52Neutral	GBP 721.44M	39.19	5.79%	4.67%	-5.58%	-32.73%
GB:ITM	46Neutral	GBP 519.59M	-19.47	-11.09%	―	67.62%	45.05%
GB:CWR	41Neutral	GBP 558.99M	-15.23	-17.63%	―	-22.86%	-25.81%

* Industrials Sector Average

Performance Comparison

GB:PRV and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
GB:PRV	Porvair plc	842.00	94.81	12.69%
GB:CWR	Ceres Power Holdings	261.40	-36.60	-12.28%
GB:ITM	ITM Power	75.15	-3.55	-4.51%
GB:JHD	James Halstead	133.80	1.42	1.07%
GB:MGAM	Morgan Advanced Materials	261.00	66.90	34.47%
GB:RST	Restore plc	308.50	62.77	25.54%

Porvair Corporate Events

Regulatory Filings and Compliance

Porvair Confirms Total Voting Rights at 46.6 Million Shares

Neutral

Jul 31, 2026

Porvair plc has confirmed that its issued share capital consists of 46,585,211 ordinary shares of 2 pence each, all carrying voting rights. This disclosure establishes the total number of voting rights in the company as 46,585,211, providing the basi...

Business Operations and StrategyDividendsFinancial DisclosuresM&A Transactions

Porvair posts record first-half results and steps up dealmaking

Positive

Jun 29, 2026

Porvair reported record interim revenue of £106.2m and adjusted operating profit of £13.8m for the six months to 31 May 2026, driven by strength in aerospace, nuclear, life sciences, aluminium and superalloys, which offset weaker petrochemi...

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.

Date of analysis: Aug 06, 2026

Porvair AI Stock Analysis