B.P. Marsh & Partners plc (BPM) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 2.25%
• Average Volume (3M): 13.66K
• Price to Earnings (P/E): 4.6
• Beta (1Y): 0.16
• Revenue Growth: 47.51%
• EPS Growth: 108.60%
• Country: UK
• Employees: 16
• Sector: Financial
• Sector Strength: 81
• Industry: Asset Management
• EPS (TTM): 1.45
• Shares Outstanding: 37,226,430
• 10 Day Avg. Volume: 11,788
• 30 Day Avg. Volume: 13,661
• PEG Ratio: 0.04
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.91
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 1662.70
• 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

B.P. Marsh & Partners plc demonstrates strong financial performance with impressive profitability and a stable balance sheet. The stock appears undervalued with a low P/E ratio and offers an attractive dividend yield. However, challenges in cash flow management and mixed technical indicators highlight potential risks. Overall, the company's strategic growth and shareholder returns provide a promising outlook.

B.P. Marsh & Partners plc Business Overview & Revenue Model

Company Description

B.P. Marsh & Partners plc (BPM) is a specialist private equity investor focused on investing in early-stage financial services businesses, primarily in the insurance sector. The company seeks to provide support and capital to management teams with entrepreneurial flair and vision, helping them to grow and develop their businesses. B.P. Marsh operates across various regions, including the UK, Europe, North America, and the Asia-Pacific, leveraging its extensive industry knowledge and network.

How the Company Makes Money

B.P. Marsh & Partners plc makes money primarily through its investments in early-stage financial services businesses. The company's revenue model is based on generating returns from its equity stakes in these businesses. This is achieved through capital appreciation when the value of its portfolio companies increases, often realized through exits such as trade sales or initial public offerings (IPOs). Additionally, B.P. Marsh may earn income from dividends distributed by its investee companies. The company's earnings are significantly influenced by its ability to identify promising investment opportunities and its strategic management and support of portfolio companies to enhance their growth and profitability.

B.P. Marsh & Partners plc Financial Statement Overview

Summary

B.P. Marsh & Partners plc shows strong revenue and profit growth with an impressive net profit margin of 82.6% and efficient operational management. The company's balance sheet is stable with minimal leverage risk, though cash flow management is weak with negative free cash flow growth.

Income Statement

The company has demonstrated strong revenue growth, increasing from £32.45M in 2023 to £51.47M in 2024, representing a significant growth rate. The net profit margin has also improved, reaching a robust 82.6%, indicating exceptional profitability. Additionally, the EBIT and EBITDA margins are high at 83.4% and 84.5%, respectively, showcasing efficient operational management. However, the gross profit margin is notably low at 14.4%, suggesting high direct costs relative to revenue.

Balance Sheet

The balance sheet reflects strong equity position with an equity ratio of 96.2%, indicating financial stability. The debt-to-equity ratio is extremely low at 0.0026, signifying minimal leverage risk. The return on equity stands at 18.6%, showing decent returns for shareholders. A potential risk is the high cash balance compared to total debt, which may imply underutilized capital.

Cash Flow

Despite negative free cash flow growth, the company maintains a stable operating cash flow to net income ratio of -0.44, suggesting challenges in converting income to cash. High free cash flow volatility could pose a risk, reflected by the significant decrease in operating cash flow from 2023 to 2024. The free cash flow to net income ratio is -0.44, indicating inefficiencies in cash management.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
9.28M	51.48M	32.45M	23.05M	4.50M	5.19M
	Gross Profit
9.28M	7.43M	32.45M	23.05M	4.50M	5.19M
	EBIT
54.58M	42.91M	27.64M	19.47M	13.82M	12.41M
	EBITDA
55.24M	43.48M	27.68M	19.76M	14.03M	12.62M
	Net Income Common Stockholders
53.60M	42.53M	23.84M	17.48M	13.72M	12.53M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
787.00K	40.51M	11.56M	8.63M	709.00K	787.00K
	Total Assets
139.12M	238.30M	197.77M	171.11M	153.01M	139.12M
	Total Debt
1.37M	596.00K	771.00K	939.00K	2.10M	1.37M
	Net Debt
585.00K	-40.44M	-10.79M	-7.69M	1.39M	585.00K
	Total Liabilities
2.25M	9.13M	8.23M	4.51M	3.11M	2.25M
	Stockholders Equity
136.87M	229.17M	189.54M	166.61M	149.91M	136.87M
Cash Flow		Free Cash Flow
-1.86M	-18.72M	-646.00K	17.48M	2.44M	1.44M
	Operating Cash Flow
-1.85M	-18.70M	-635.00K	17.48M	2.44M	1.47M
	Investing Cash Flow
82.57M	50.87M	-515.00K	-6.00K	-2.41M	-6.32M
	Financing Cash Flow
-4.74M	-3.21M	-1.23M	-2.12M	-25.00K	-2.19M

B.P. Marsh & Partners plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 630.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BPM, the sentiment is Negative. The current price of 630 is below the 20-day moving average (MA) of 695.88, below the 50-day MA of 682.18, and above the 200-day MA of 623.38, indicating a neutral trend. The MACD of 4.20 indicates Positive momentum. The RSI at 55.54 is Neutral, neither overbought nor oversold. The STOCH value of 44.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:BPM.

B.P. Marsh & Partners plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BRK	80 Outperform	£226.25M	12.38	12.53%	5.56%	-9.19%	174.56%
BPM	75 Outperform		4.57	23.49%	2.25%	47.51%	108.60%
IPX	75 Outperform	£199.16M	5.43	27.52%	17.81%	-4.31%	-6.30%
RAT	70 Outperform	£1.54B	23.19	4.83%	3.79%	49.59%	18.13%
Sector *	63 Neutral	$12.88B	9.21	9.18%	4.78%	16.30%	-8.66%
MERC	58 Neutral	£100.46M	―	-3.67%	3.95%	35.36%	-153.97%

B.P. Marsh & Partners plc Corporate Events

B.P. Marsh & Partners plc Shareholding Update

B.P. Marsh & Partners plc, a company listed on the AIM segment of the London Stock Exchange, has announced a change in its major shareholdings. Colin Thompson has increased his voting rights to 4.00% of the company shares, up from a previous 3.01%. This shift in voting rights, resulting from the acquisition of additional shares, may impact the company’s governance and decision-making processes, reflecting a potentially stronger influence by Thompson in company affairs.

B.P. Marsh Declares Interim Dividend Amidst Strategic Dividend Commitment

B.P. Marsh & Partners Plc has declared an interim dividend of 6.78p per share, part of a planned £5.0m dividend for the financial year ending 31 January 2026. The interim dividend will be payable on 28 February 2025, with the remainder to be distributed in July 2025, pending shareholder approval. The company aims to maintain a minimum annual dividend of £5.0m for the financial years ending in January 2027 and 2028, subject to adjustments based on financial conditions, indicating a strategy of consistent shareholder returns.

B.P. Marsh Executives Capitalize on Share Ownership Plan

B.P. Marsh & Partners Plc announced the sale of 45,000 Ordinary Shares by its Managing Director, Chief Investment Officer, and Chief Finance Officer as part of the Joint Share Ownership Plan, which was established to incentivize employees. This transaction reflects the maturity of the plan’s vesting period, allowing these directors to capitalize on their shares, potentially affecting their overall shareholding percentages in the company. The sale does not significantly alter the company’s industry positioning but highlights the firm’s ongoing commitment to rewarding its key personnel.

Key Executives at B.P. Marsh & Partners Sell Shares Under JSOP

B.P. Marsh & Partners announced the sale of a portion of its Ordinary Shares by three of its key executives, including the Managing Director, Chief Investment Officer, and Chief Finance Officer. These transactions, which were part of the company’s Joint Share Ownership Plan, resulted in a total sale of 56,250 shares at a price of 741.25p each. This move might influence market perceptions of the company’s financial health and could potentially impact stakeholders’ views on its executive management’s confidence in the company’s future performance.

B.P. Marsh Executives Sell Shares Under Joint Ownership Plan

B.P. Marsh & Partners Plc announced the sale of 30,000 Ordinary Shares at 740p each by key executives including Managing Director Alice Foulk, Chief Investment Officer Dan Topping, and Chief Finance Officer Francesca Chappell. These transactions, part of the Joint Share Ownership Plan (JSOP), reflect the exercise of vested shares, potentially impacting executive interests and demonstrating confidence in the company’s stock value.

B.P. Marsh Boosts Investment in XPT Group to Fuel Growth

B.P. Marsh & Partners Plc has bolstered its investment in XPT Group LLC with an additional $12.6 million funding, enhancing XPT’s financial capacity to $122 million alongside Apogem Capital and First Eagle Bank. This investment aims to support XPT’s ambitious growth plans, including strategic acquisitions and organic expansion, as it nears $1 billion in Gross Written Premium. The move underscores B.P. Marsh’s confidence in XPT’s business model and growth trajectory.