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SRAD.L London Stock Exchange Diversified Software

Stelrad Group plc

$155,00
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1D5D1M3M6MYTD1Y5YMax
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Mcap
P/E
EV / Rev
Div yield
6,18 %
Op margin
6,3 %
ROE
1,6 %
Net margin
0,3 %
Debt / equity
1,44
Beta
52w range
Volume
Day range
Prev close
$14,70
Open
Next earnings
Ex-dividend
TR 1Y
About

Stelrad Group plc designs, manufactures, and distributes radiators and heating systems for residential and commercial applications.

Business. Stelrad Group plc (SRAD.L) is an industrial goods company operating within the Electrical Components & Equipment industry. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. Headquartered in the United Kingdom, the company is primarily listed on the London Stock Exchange.

Classification99 %
SectorTechnology
Industry groupDiversified Software
Generated · model-assisted
Sell-side consensus
BUY5 analysts
5 buy0 hold0 sell
Avg 12m price target194,00

Analyst recommendations

5 analysts · consensus Buy
Buy5
Hold0
Sell0
12-month price target
194,00
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
5 analysts · indicative
Ownership
not yet wired
Profitability
1,6 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning SRAD.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology · THIS SECTOR+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to SRAD.L. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Stelrad Group plc (SRAD.L) is an industrial goods company operating within the Electrical Components & Equipment industry. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. Headquartered in the United Kingdom, the company is primarily listed on the London Stock Exchange.

    Classification99 %
    SectorTechnology
    Industry groupDiversified Software
    AI synthesis
    GENERATED

    Stelrad Group plc has a debt-to-equity ratio of 1.44, indicating a moderate reliance on debt financing, while its current ratio of 1.78 suggests it maintains sufficient short-term liquidity to cover its obligations. The company's free cash flow is negative at -2.68 million GBP, and capital expenditures of -5.25 million GBP reflect ongoing investment in its operations. Despite this, operating cash flow remains positive at 34.14 million GBP, supporting its liquidity position.

    Profitability metrics show a return on equity of 1.58% and a return on assets of 0.41%, both below the industry median for Electrical Components & Equipment, indicating underperformance in asset utilization and shareholder returns. Gross profit of 86.27 million GBP and operating income of 17.48 million GBP suggest a relatively narrow margin structure, which may limit resilience in a downturn.

    The company's revenue is concentrated in a single business segment focused on radiators and heating systems, with no disclosed geographic diversification. This lack of segment or geographic diversification increases exposure to regional demand fluctuations and supply chain disruptions.

    Looking ahead, the company is expected to maintain a stable revenue trajectory, with no significant growth or contraction projected in the current or next fiscal year. However, the absence of disclosed revenue growth in recent periods suggests a conservative outlook. Analysts have assigned a mean price target of 194.00 GBP, with a median of 190.00 GBP, and a mean recommendation of 1.60, indicating a generally positive sentiment.

    Risk factors include a medium liquidity risk due to negative net cash after subtracting total debt, and a low dilution risk as shares outstanding remain unchanged between basic and diluted counts. The company has not disclosed any recent material events, such as regulatory actions, management changes, or significant capital raises, that would impact its near-term trajectory.

    Key takeaways
    • Stelrad Group plc maintains a current ratio of 1.78, indicating adequate short-term liquidity to meet obligations.
    • The company's return on equity of 1.58% and return on assets of 0.41% are below industry medians, suggesting underperformance in profitability.
    • Free cash flow is negative at -2.68 million GBP, and capital expenditures of -5.25 million GBP indicate ongoing investment in operations.
    • Analysts project a mean price target of 194.00 GBP, with a generally positive sentiment reflected in a mean recommendation of 1.60.
    • The company's revenue is concentrated in a single business segment, increasing exposure to regional demand fluctuations.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $155,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $53.4M
    Net cash
    -$77.0M
    Current ratio
    1.8
    Debt / equity
    1.4
    ROA
    0.4%
    ROE
    1.6%
    Cash conversion
    4045.0%
    CapEx / revenue
    -1.9%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Betting Data & Odds
    low · business_description · 2026-07-03
    Broadcasting & Streaming Software
    low · business_description · 2026-07-03
    Data Feeds & APIs
    low · business_description · 2026-07-03
    Fraud Monitoring Software
    low · business_description · 2026-07-03
    Managed Betting Services
    low · business_description · 2026-07-03
    Marketing & Advertising Software
    low · business_description · 2026-07-03

    Market share

    INDUSTRYSEGMENTCOMPANYTechnologyIndustryDiversified Software585,0B node revenueMSFT 48,2%ORCL 9,8%ADBE 4,1%SE 3,4%NOW 2,3%WDAY 1,6%PANW 1,6%ROP 1,4%Other 27,8%
    Source: company disclosures · own-taxonomy revenue-covered set · attribution: collision-suspect (indicative)SRAD 0,2% · rank #42 of 173

    Business relationships

    Business relationships3 disclosed relationships · 1 type · extracted from filings & disclosures

    Supply chain

    Vendors → SRAD ↔ Partners → Customers · click any node to drill
    VENDORSPARTNERSCUSTOMERSSRADSRADStelrad Group plc3 entitiesAmazon.Com IncDepartment StoresUSMICROSOFT CORPORATIONDiversified SoftwareUSORACLE CORPORATIONDiversified SoftwareUS
    3 mentions in 10-K0 from corporate websites0 from news dispatches
    Updated 2026-06-24

    Peer comparison

    Peer comparison8 peers · vs SRAD · multiples and returns
    MS
    MSFT
    MICROSOFT CORPORATION
    $480,20
    3,58T USD
    P/E
    29,0x
    vs self
    Div yield
    0,8 %
    vs self
    ROE
    24,6 %
    vs self
    OR
    ORCL
    ORACLE CORPORATION
    $188,91
    543,3B USD
    P/E
    180,2x
    vs self
    Div yield
    1,2 %
    vs self
    ROE
    36,1 %
    vs self
    AD
    ADBE
    ADOBE INC.
    $250,94
    102,0B USD
    P/E
    27,1x
    vs self
    Div yield
    vs self
    ROE
    31,3 %
    vs self
    SE
    SE
    Sea Ltd
    P/E
    vs self
    Div yield
    vs self
    ROE
    vs self
    NO
    NOW
    Servicenow Inc
    $113,90
    118,1B USD
    P/E
    55,5x
    vs self
    Div yield
    vs self
    ROE
    14,0 %
    vs self
    WD
    WDAY
    WORKDAY, INC.
    $164,71
    41,9B USD
    P/E
    168,2x
    vs self
    Div yield
    vs self
    ROE
    3,3 %
    vs self
    PA
    PANW
    Palo Alto Networks Inc
    $350,00
    283,9B USD
    P/E
    727,5x
    vs self
    Div yield
    vs self
    ROE
    6,2 %
    vs self
    RO
    ROP
    Roper Technologies Inc
    $392,57
    41,8B USD
    P/E
    22,1x
    vs self
    Div yield
    1,0 %
    vs self
    ROE
    8,6 %
    vs self

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,14
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    5
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-24 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate0,14
    Revenueno estimateno estimate282,3M GBP
    Operating incomeno estimateno estimate33,9M GBP
    Full-year consensus mean (period as reported by source) · consensus in GBP. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution5 analysts
    Strong buy2
    Buy3
    Hold0
    Sell0
    Strong sell0
    12-month price target$194,00 · Median $190,00
    Low $175,00High $215,00
    Operating income · consensus33,9M GBP
    EPS surprise
    −7,6 %
    reported vs consensus · miss
    Revenue surprise
    −1,0 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$175,00
    Mean$194,00
    Median$190,00
    High$215,00
    Spot$155,00
    +25.2 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin6,2 %Above median
    Net Margin0,3 %Above median
    ROE1,6 %Below median
    Capex / Rev-1,9 %Above median
    D/E1,44Bottom quartile
    Cash Conv40,45Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Stelrad Group plc Market data — financials · 2026-05-29
    • Stelrad Group plc Market data — analyst estimates · 2026-05-29

    Ownership & reference

    Leadership

    • Trevor HarveyChief Executive Officer, Executive Director

    Insider activity

    Net buying11 buys · 1 sellsnet $11,2M11 insiders · last 365d
    • MILLER MICHAEL CONNOLLYChief Legal Officer · Class A Ordinary SharesSold 1 500 @ $16,50$25K · 2026-06-10
    • FELENSTEIN CRAIGChief Financial Officer · Class A Ordinary SharesOther 39 583 · 2026-06-01
    • Ramanathan RajaniDirector · Class A Ordinary SharesOther 13 167 · 2026-05-20
    • KURTZ WILLIAMDirector · Class A Ordinary SharesOther 13 167 · 2026-05-20
    • Walder MarcDirector · Class A Ordinary SharesOther 13 167 · 2026-05-20
    • YABUKI JEFFERY WDirector · Class A Ordinary SharesOther 26 335 · 2026-05-20
    • Fleet GeorgeDirector · Class A Ordinary SharesOther 13 167 · 2026-05-20
    • Bigley Deirdre MaryDirector · Class A Ordinary SharesOther 13 167 · 2026-05-20
    • Corcoran BreonDirector · Class A Ordinary SharesOther 13 167 · 2026-05-20
    • Deen SameerChief Operating Officer · Class A Ordinary SharesOther 240 192 · 2026-05-18
    • KURTZ WILLIAMDirector · Class A Ordinary SharesOther 1 868 @ $12,49$23K · 2026-05-15
    • Ramanathan RajaniDirector · Class A Ordinary SharesOther 1 868 @ $12,49$23K · 2026-05-15
    • Walder MarcDirector · Class A Ordinary SharesOther 479 @ $12,49$6K · 2026-05-15
    • Fleet GeorgeDirector · Class A Ordinary SharesOther 2 346 @ $12,49$29K · 2026-05-15
    • Bigley Deirdre MaryDirector · Class A Ordinary SharesOther 1 868 @ $12,49$23K · 2026-05-15
    • Corcoran BreonDirector · Class A Ordinary SharesOther 817 @ $12,49$10K · 2026-05-15
    • YABUKI JEFFERY WDirector · Class A Ordinary SharesOther 3 735 @ $12,49$47K · 2026-05-15
    • Koerl CarstenDirector, Chief Executive Officer · Class A Ordinary SharesBought 157 801 @ $13,49$2,1M · 2026-05-06
    • Koerl CarstenDirector, Chief Executive Officer · Class A Ordinary SharesBought 158 000 @ $13,40$2,1M · 2026-05-05
    • Koerl CarstenDirector, Chief Executive Officer · Class A Ordinary SharesBought 182 000 @ $13,38$2,4M · 2026-05-04
    • Koerl CarstenDirector, Chief Executive Officer · Class A Ordinary SharesBought 143 000 @ $13,23$1,9M · 2026-05-01
    • Walder MarcDirector · Class A Ordinary SharesBought 66 000 @ $12,77$843K · 2026-04-30
    • YABUKI JEFFERY WDirector · Class A Ordinary SharesBought 3 000 @ $13,00$39K · 2026-04-30
    • YABUKI JEFFERY WDirector · Class A Ordinary SharesBought 2 000 @ $13,00$26K · 2026-04-30
    • Ramanathan RajaniDirector · Class A Ordinary SharesBought 8 003 @ $12,49$100K · 2026-04-30

    Short positioning

    12.2Mshares short+7.7% vs prior
    6.72days to cover
    34.4%short of daily vol
    29.3Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    SRAD.LCanonical
    London Stock Exchange · USD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.
    Relationship graph
    SRADAMZN.OMSFT.OORCL.KDiversified So
    This companySectorVendors

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-08-03 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
    2026-08-03EVENTQ2 2026 earnings (expected) estimated date
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-10 00:00 UTCINSIDER2 insider transactions — 2026-06
    2026-06-10INSIDERMILLER MICHAEL CONNOLLY sold 1.5k sh Class A Ordinary Shares — Chief Legal Officer ~$25k
    2026-06-01INSIDERFELENSTEIN CRAIG transacted 39.6k sh Class A Ordinary Shares — Chief Financial Officer
    2026-05-22FILINGFORM 6-K →
    2026-05-20 00:00 UTCINSIDER19 insider transactions — 2026-05 · net buy $8.4M
    2026-05-20INSIDERRamanathan Rajani transacted 13.2k sh Class A Ordinary Shares — Director
    2026-05-20INSIDERKURTZ WILLIAM transacted 13.2k sh Class A Ordinary Shares — Director
    2026-05-20INSIDERWalder Marc transacted 13.2k sh Class A Ordinary Shares — Director
    2026-05-20INSIDERYABUKI JEFFERY W transacted 26.3k sh Class A Ordinary Shares — Director
    2026-05-20INSIDERFleet George transacted 13.2k sh Class A Ordinary Shares — Director
    2026-05-20INSIDERBigley Deirdre Mary transacted 13.2k sh Class A Ordinary Shares — Director
    2026-05-20INSIDERCorcoran Breon transacted 13.2k sh Class A Ordinary Shares — Director
    2026-05-18INSIDERDeen Sameer transacted 240.2k sh Class A Ordinary Shares — Chief Operating Officer
    2026-05-15INSIDERKURTZ WILLIAM transacted 1.9k sh Class A Ordinary Shares — Director ~$23k
    2026-05-15INSIDERRamanathan Rajani transacted 1.9k sh Class A Ordinary Shares — Director ~$23k
    2026-05-15INSIDERWalder Marc transacted 479 sh Class A Ordinary Shares — Director ~$6k
    2026-05-15INSIDERFleet George transacted 2.3k sh Class A Ordinary Shares — Director ~$29k
    2026-05-15INSIDERBigley Deirdre Mary transacted 1.9k sh Class A Ordinary Shares — Director ~$23k
    2026-05-15INSIDERCorcoran Breon transacted 817 sh Class A Ordinary Shares — Director ~$10k
    2026-05-15INSIDERYABUKI JEFFERY W transacted 3.7k sh Class A Ordinary Shares — Director ~$47k
    2026-05-06INSIDERKoerl Carsten bought 157.8k sh Class A Ordinary Shares — Director, Chief Executive Officer ~$2.13M
    2026-05-05INSIDERKoerl Carsten bought 158.0k sh Class A Ordinary Shares — Director, Chief Executive Officer ~$2.12M
    2026-05-04INSIDERKoerl Carsten bought 182.0k sh Class A Ordinary Shares — Director, Chief Executive Officer ~$2.44M
    2026-05-01INSIDERKoerl Carsten bought 143.0k sh Class A Ordinary Shares — Director, Chief Executive Officer ~$1.89M
    2026-04-30 00:00 UTCINSIDER7 insider transactions — 2026-04 · net buy $2.6M
    2026-04-30FILINGFORM 6-K →
    2026-04-30INSIDERWalder Marc bought 66.0k sh Class A Ordinary Shares — Director ~$843k
    2026-04-30INSIDERYABUKI JEFFERY W bought 3.0k sh Class A Ordinary Shares — Director ~$39k
    2026-04-30INSIDERYABUKI JEFFERY W bought 2.0k sh Class A Ordinary Shares — Director ~$26k
    2026-04-30INSIDERRamanathan Rajani bought 8.0k sh Class A Ordinary Shares — Director ~$100k
    2026-04-28FILINGFORM 6-K →
    2026-04-28FILINGFORM 6-K →
    2026-03-27FILING20-F filing →
    2026-03-03FILINGFORM 6-K →
    2025-12-15FILINGFORM 6-K →
    2025-11-05FILINGFORM 6-K →
    Showing the 40 most recent of 44 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage