LONDON, July 5, 2026, 17:01 BST
- Autins Group Plc (LON:AUTG) closed at 15.50p Friday, adding 6.9%. The FTSE AIM All-Share slipped 0.17%.
- Autins’ market cap on Friday was £8.46 million, which is about 10.6x the company’s targeted profit for FY27 and 4.5x for FY29, based on its own guidance.
- FY26 revenue came in lower than the prior 12 months, but gross margin improved to 36.2% and adjusted EBITDA increased to £2.4 million.
- There have been no fresh Autins updates in the RNS feed since the June 29 final results release.
Autins Group Plc (LON:AUTG) starts the week trading close to a 52-week high after closing up 6.9% to 15.50p on Friday. The AIM-listed automotive insulation supplier last traded at that price, with London markets closed Sunday and the latest timestamp at 17:01 BST.
The bigger story isn’t the day’s move. It’s the spread between where the shares trade now and Autins’ stated profit goals. At £8.46 million, the stock trades at 42.3x profit after tax before non-underlying items for FY26. The multiple falls to 10.6x for FY27 guidance, 6.0x for FY28, and 4.5x by FY29 if management can hit those targets.
| Latest market data, July 3 | Autins Group | FTSE AIM All-Share |
|---|---|---|
| Price / index level | 15.50p | 776.09 |
| Day change | up 6.90% | off 0.17% |
| Day high / low | 17.00p at the top, 14.50p at the low | 780.14 high, 775.17 low |
| 52-week range | 4.275p to 17.00p over the year | 693.87 to 837.36 |
| Market value | £8.46 mln | — |
| Volume | 128,858 shares traded | — |
The issue is liquidity. On LSE.co.uk, the bid sits at 14p with a 17p ask, putting the spread at 3p or 21.4% of the bid. That makes Friday’s mark a strong indicator, but this isn’t like pricing for a big cap.
Autins’ full-year results on June 29 marked the main shift last week. The company posted FY26 revenue of £17.6 million, slipping from an unaudited £19.3 million in the prior year. Gross profit before non-underlying items was up at £6.4 million, compared with £6.2 million. Gross margin increased to 36.2% from 32.1%. Adjusted EBITDA came in at £2.4 million, up from £1.4 million.
Autins CEO Andy Bloomer said the company moved back to net profit for the first time since 2017 and started FY27 with what he called “promising momentum.” New business awards totaled £15 million for the year. Investegate
| Operating metric | FY26 | 12M FY25 | Change |
|---|---|---|---|
| Revenue pulled back to £17.6 mln from £19.3 mln | £17.6 mln | £19.3 mln | -8.8% |
| Gross profit before non-underlying items ticked up at £6.4 mln vs £6.2 mln | £6.4 mln | £6.2 mln | +3.2% |
| Gross margin before non-underlying items jumped to 36.2% from 32.1% | 36.2% | 32.1% | +410 bps |
| Adjusted EBITDA climbed to £2.4 mln from £1.4 mln | £2.4 mln | £1.4 mln | +71.4% |
| PAT before non-underlying items posted at £0.2 mln after £(1.2) mln loss | £0.2 mln | £(1.2) mln | +£1.4 mln |
| Operating cash flow at £1.5 mln, down from £2.2 mln | £1.5 mln | £2.2 mln | -31.8% |
| Net debt excluding IFRS 16 leases up to £1.6 mln from £1.1 mln | £1.6 mln | £1.1 mln | +£0.5 mln |
Autins said the margin improvement was thanks to cheaper raw materials and no longer having direct exposure to the U.S. dollar. The company also flagged a cyberattack at its biggest UK customer, which hit sales and margin in September and October 2025. Still, Autins said its push for more customers and better margins helped keep the impact in check.
The valuation table is why investors will likely keep an eye on orders, margins and working capital next week.
| Basis | Revenue / PAT used | Market cap / revenue | Market cap / PAT |
|---|---|---|---|
| FY26 actual | £17.6 mln / £0.2 mln | 0.48x | 42.3x |
| FY27 guidance | £22.0 mln / £0.8 mln | 0.38x | 10.6x |
| FY28 guidance | £26.0 mln / £1.4 mln | 0.33x | 6.0x |
| FY29 guidance | £27.0 mln / £1.9 mln | 0.31x | 4.5x |
The company gave guidance for FY27, expecting revenue of £22 million and profit after tax of £0.8 million, with most of that in the second half of the year. For FY28, it sees £26 million in revenue and £1.4 million PAT. FY29 guidance is £27 million and £1.9 million PAT. Management also flagged possible delays to vehicle production schedules and lower volumes than first planned.
Balance sheet figures show a different picture. Autins listed net assets at £9.313 million as of March 31. That’s compared to a market value Friday of £8.46 million, putting the shares at about 0.91 times book. Cash stood at £0.6 million, and net debt, not counting IFRS 16 leases, was £1.6 million.
Sector performance is mixed. UK new car registrations climbed 15% in June to 215,921, with battery-electric cars up 38% to 64,440, according to Reuters on Friday. “EVs have gone mainstream,” Octopus Electric Vehicles CEO Gurjeet Grewal said. Autins reported stronger demand for materials in EV platforms. Reuters
Production numbers remain mixed. The Society of Motor Manufacturers and Traders reported a 2.7% climb in UK vehicle output for May, reaching 51,178 units—the first monthly gain in 2024. But production for the January-May period fell 8.7%. SMMT Chief Executive Mike Hawes called May’s growth “welcome,” but said soft demand and compliance costs still put jobs and investment at risk. SMMT
No fresh RNS came out from Autins after the June 29 final results, based on the feed checked Sunday. The company’s next scheduled event is its AGM in Rugby on Sept. 23, according to the results.
