STVG—60

STV Group PLC

Entertainment ProductionVerified

Score breakdown

Profitability+12Sentiment+30Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion97AI synthesis40Observations23

Capital Structure and Liquidity STV Group PLC has a negative equity position of £8.5 million and a debt-to-equity ratio of -8.91, indicating a highly leveraged capital structure [doc:HA-latest]. The company's liquidity is assessed as medium, with a current ratio of 1.5 and cash and equivalents of £12.3 million [doc:HA-latest]. Despite a positive operating cash flow of £2.3 million, the company's free cash flow is negative at £4.5 million, reflecting capital expenditures of £3.3 million [doc:HA-latest]. ### Profitability and Returns The company's profitability is mixed, with an operating income of £2.9 million but a net loss of £5.0 million [doc:HA-latest]. Return on equity is high at 58.82%, but return on assets is negative at -3.09%, indicating inefficiency in asset utilization [doc:HA-latest]. These metrics suggest a divergence between equity returns and overall asset performance. ### Segments and Geographic Exposure STV Group PLC operates in two segments: Audience and Studios. The Audience segment, which includes the STV broadcaster and STV Player, is the primary revenue driver, while the Studios segment focuses on content production for UK and international markets [doc:HA-latest]. The company's geographic exposure is concentrated in the UK, particularly in Scotland, where it holds Channel 3 licenses [doc:HA-latest]. ### Growth Trajectory The company's growth trajectory is constrained by its current financial position. With a net loss and negative equity, STV Group PLC must address its liquidity and profitability challenges to sustain growth. The outlook for the current fiscal year is uncertain, with no clear indication of revenue growth or margin expansion [doc:HA-latest]. ### Risk Factors Key risk factors include liquidity constraints, as the company has negative net cash after subtracting total debt [doc:HA-latest]. The risk of dilution is assessed as low, but the company's negative equity position and high leverage increase financial risk [doc:HA-latest]. Additional risks include market competition in the digital media sector and potential regulatory changes affecting broadcasting licenses. ### Recent Events Recent events include the publication of the company's latest financial results, which highlight a net loss and negative equity [doc:HA-latest]. There are no recent filings or transcripts indicating significant operational or strategic changes [doc:HA-latest].

30-day price · STVG-3.00 (-2.9%)

Low$99.00High$104.00Close$101.00As of4 May, 00:00 UTC

Profile

CompanySTV Group PLC

TickerSTVG.L

SectorConsumer Cyclicals

BusinessCyclical Consumer Services

Industry groupCyclical Consumer Services

IndustryEntertainment Production

AI analysis

Business. STV Group PLC is a digital media company that generates revenue through content production for UK and international commissioners, content acquisition for its broadcast and streaming platforms, and the sale of advertising airtime and space [doc:HA-latest].

Classification. STV Group PLC is classified under the Entertainment Production industry within the Consumer Cyclicals economic sector, with a classification confidence of 0.92 [doc:verified market data].

### Capital Structure and Liquidity STV Group PLC has a negative equity position of £8.5 million and a debt-to-equity ratio of -8.91, indicating a highly leveraged capital structure [doc:HA-latest]. The company's liquidity is assessed as medium, with a current ratio of 1.5 and cash and equivalents of £12.3 million [doc:HA-latest]. Despite a positive operating cash flow of £2.3 million, the company's free cash flow is negative at £4.5 million, reflecting capital expenditures of £3.3 million [doc:HA-latest]. ### Profitability and Returns The company's profitability is mixed, with an operating income of £2.9 million but a net loss of £5.0 million [doc:HA-latest]. Return on equity is high at 58.82%, but return on assets is negative at -3.09%, indicating inefficiency in asset utilization [doc:HA-latest]. These metrics suggest a divergence between equity returns and overall asset performance. ### Segments and Geographic Exposure STV Group PLC operates in two segments: Audience and Studios. The Audience segment, which includes the STV broadcaster and STV Player, is the primary revenue driver, while the Studios segment focuses on content production for UK and international markets [doc:HA-latest]. The company's geographic exposure is concentrated in the UK, particularly in Scotland, where it holds Channel 3 licenses [doc:HA-latest]. ### Growth Trajectory The company's growth trajectory is constrained by its current financial position. With a net loss and negative equity, STV Group PLC must address its liquidity and profitability challenges to sustain growth. The outlook for the current fiscal year is uncertain, with no clear indication of revenue growth or margin expansion [doc:HA-latest]. ### Risk Factors Key risk factors include liquidity constraints, as the company has negative net cash after subtracting total debt [doc:HA-latest]. The risk of dilution is assessed as low, but the company's negative equity position and high leverage increase financial risk [doc:HA-latest]. Additional risks include market competition in the digital media sector and potential regulatory changes affecting broadcasting licenses. ### Recent Events Recent events include the publication of the company's latest financial results, which highlight a net loss and negative equity [doc:HA-latest]. There are no recent filings or transcripts indicating significant operational or strategic changes [doc:HA-latest].

Key takeaways

STV Group PLC has a negative equity position and a high debt-to-equity ratio, indicating a leveraged capital structure.
The company's return on equity is high, but return on assets is negative, suggesting inefficiency in asset utilization.
Revenue is concentrated in the UK, particularly in Scotland, with limited geographic diversification.
The company's liquidity is medium, with a current ratio of 1.5 and negative free cash flow.
Key risks include liquidity constraints, market competition, and regulatory changes affecting broadcasting licenses.
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Financial snapshot

PeriodHA-latest

CurrencyGBP

Revenue$176.9M

Gross profit—

Operating income$2.9M

Net income-$5.0M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$2.3M

CapEx-$3.3M

Free cash flow-$4.5M

Total assets$161.9M

Total liabilities$170.4M

Total equity-$8.5M

Cash & equivalents$12.3M

Long-term debt$75.7M

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book-$8.5M

Net cash-$63.4M

Current ratio1.5

Debt/Equity-8.9

ROA-3.1%

ROE58.8%

Cash conversion-46.0%

CapEx/Revenue-1.9%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Entertainment Production · cohort 1 companies

MetricSTVGActivity

Op margin1.6%11.3% medp25 8.1% · p75 14.5%bottom quartile

Net margin-2.8%3.0% medp25 2.5% · p75 3.6%bottom quartile

Gross margin—32.2% medp25 15.8% · p75 61.2%

CapEx / revenue-1.9%4.2% medp25 4.2% · p75 4.2%bottom quartile

Debt / equity-891.0%1454.2% medp25 776.9% · p75 2131.5%bottom quartile

Observations

IR observations

Mean price target140.00 GBP

Median price target135.00 GBP

High price target180.00 GBP

Low price target105.00 GBP

Mean recommendation2.00 (1=strong buy, 5=strong sell)

Strong-buy count1.00

Buy count1.00

Hold count1.00

Sell count0.00

Strong-sell count0.00

Mean EPS estimate0.14 GBP

Last actual EPS0.13 GBP

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-05 14:55 UTC#6563aed8

Source: analysis-pipeline (hybrid)Generated: 2026-05-05 14:57 UTCJob: 6de9488f