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AIREA plc (AIEA) Fair Value & Analysis

Consumer Cyclical · GB · Market cap 10.3M GBX

AP AIREA plc AIEA · LSE
Price£0.2600
Fair Value£0.4100
Upside+57.7%
Quality50/100
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Expensive Growth
Thin margins · 4.6% net margin
Low debt · negative free cash flow
3.85% dividend yield
Mixed vs. peers (8/14)
Narrow moat 30/100
Evidence: Medium Range £0.3300 – £0.5300 Share as image

Fair value as of: Jul 17, 2026

From 14 valuation models · updated 24 days ago

Fair value updated Jul 17, 2026, revised from £0.4200 to £0.4100 (−2.4%) since Jul 14, 2026. Share price −3.6% over the past month.

A solid business, screening 58% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (£0.3300). The market is more pessimistic than our downside scenario.
  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

£0.3525 £0.1700 Fair Value £0.4100 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range £0.1700 – £0.3525 · fair‑value band £0.3300 – £0.5300 · the £0.2600 price screens below the £0.4100 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

AIREA plc (AIEA) currently trades at £0.2600, while our model-based Fair Value estimate is £0.4100, implying the stock looks roughly 57.7% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, AIREA plc generated revenue of £21.4M at a net margin of 4.6%. Revenue declined 2.7% year over year. It earns a return on equity of 6.1%. The balance sheet holds a net cash position of £1.2M. Fundamentals as of Jul 17, 2026

Our scenario range runs from £0.3300 (bear case) to £0.5300 (bull case); at £0.2600, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Cyclical peers we cover trades at -27% fair-value upside, at 58%, AIEA screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income £0.3000 £0.2900 £0.2600 76
ROIC Compounder £0.2000 £0.2200 £0.2400 72
Gordon GGM £0.0400 £0.0400 £0.0500 70
All 14 models by family
Earnings-Based
Graham-Dodd £0.1700 £0.2100 £0.2300 54
EPV £0.2000 £0.2200 £0.2400 59
Dividend Discount
Gordon GGM £0.0400 £0.0400 £0.0500 70
DDM Multi-Stage £0.0400 £0.0500 £0.0500 61
Multiples
P/E Multiple £0.4100 £0.5400 £0.6800 63
P/S Multiple £0.3100 £0.4200 £0.5200 58
P/B Multiple £0.3100 £0.4200 £0.5200 55
EV/EBIT £0.3800 £0.4900 £0.6000 53
EV/EBITDA £0.4500 £0.5800 £0.7100 54
EV/Revenue £0.2700 £0.3600 £0.4600 43
Asset-Based
NCAV (Graham) £0.2100 £0.2800 £0.4200 50
Economic Profit
Residual Income £0.3000 £0.2900 £0.2600 76
ROIC Compounder £0.2000 £0.2200 £0.2400 72
Growth Earnings
Growth-Adj P/E £0.2900 £0.4100 £0.5300 68

Widest divergence: Multiples (£0.4200) versus Dividend Discount (£0.0400). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 21.4M GBX
Revenue growth (YoY) -2.7%
Net margin 4.6%
Return on equity 6.1%
Free cash flow −3.2M GBX FY2025
P/E ratio 8.7
More key figures
Operating margin -0.6%
EPS (TTM) £0.0300
Dividend yield 3.9%
EPS growth (YoY) -55.9%
Net cash 1.2M GBX FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 49 · Market factors (momentum, volatility) 67

Profitability 33
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 27
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 69
Price trend over the last 3–12 months (market factor)
52W Momentum 62
Distance to the 52-week high (market factor)
Net Issuance 80
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

AIREA plc, together with its subsidiaries, designs, manufactures, and sells floor coverings in the United Kingdom and internationally. The company offers commercial carpet tiles and planks for architects; and specifiers and contractors in the education, leisure, commercial, hospitality, and public sectors under the Burmatex brand.

Full company description

AIREA plc, together with its subsidiaries, designs, manufactures, and sells floor coverings in the United Kingdom and internationally. The company offers commercial carpet tiles and planks for architects; and specifiers and contractors in the education, leisure, commercial, hospitality, and public sectors under the Burmatex brand. It also operates as a property holding company. The company was founded in 1880 and is based in Ossett, the United Kingdom.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AIREA plc reported revenue of £21.4M in FY2025 versus £15.9M in FY2021, a compound +7.8%/yr. Reported net income was £982K in FY2025, compounding −1.5%/yr from FY2021.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
£21.4M
Latest YoY
+1.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.1%
Avg. growth/yr (39Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.5%
Revenue +7.8%/yr
FY21 £15.9M
FY22 £18.5M
FY23 £21.1M
FY24 £21.2M
FY25 £21.4M
Net income −1.5%/yr
FY21 £1.0M
FY22 £1.3M
FY23 £769K
FY24 −£282K
FY25 £982K

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Cite: Fair Value Calculator (2026). "AIREA plc Fair Value". https://www.fairvalue-calculator.com/stock/AIEA

Peer Group

Textile Manufacturing · 307 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 50 · Below median
Fair Value upside +58% · Top 25%
Return on equity (TTM) 6% · Above median
Return on assets 1% · Below median
Net margin (TTM) 5% · Above median
Operating margin (TTM) -1% · Bottom 25%
Revenue growth -3% · Below median
Dividend yield (TTM) 3.9% · Top 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 8.7× · Cheaper than 75% of peers
P/B 0.83× · Cheaper than median
P/S (TTM) 0.65× · Cheaper than median
EV/EBITDA 11.4× · Pricier than median
PEG 1.04× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 8
FUTURE 0 · sector 0
PAST 24 · sector 15
HEALTH 100 · sector 95
DIVIDEND 77 · sector 34

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$44.40 HK$75.65 +70%
Tongkun Group 601233 ¥23.56 ¥14.53 -38%
Inner Mongolia ERDOS Resources Co 600295 ¥12.04 ¥14.35 +19%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,083 ₹467.49 -57%
HMT (Xiamen) New Technical Materials Co 603306 ¥78.00 ¥11.85 -85%
Zhejiang Orient Holdings 600120 ¥5.18 ¥2.21 -57%
Vardhman Textiles Limited VTL ₹602.20 ₹437.53 -27%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 323.84 TRY +86%
Shandong Fiberglass Group 605006 ¥16.75 ¥6.42 -62%

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Frequently asked questions

Is AIREA plc (AIEA) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of £0.4100 versus a price of £0.2600, about +58% (undervalued).
What is the fair value of AIEA?
Our model-based fair value for AIREA plc is £0.4100 (as of Jul 17, 2026), built from audited fundamentals. The current price is £0.2600.
What is the quality score of AIEA?
AIREA plc has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of AIREA plc (AIEA)?
AIREA plc reported trailing-twelve-month revenue of about £21.4M (latest available figure, as of Jul 17, 2026).
What is the net profit margin of AIEA?
The net profit margin of AIREA plc is about 4.6%, meaning it keeps roughly 4.6% of revenue as net income. Based on the latest reported figures.
Does AIREA plc pay a dividend?
AIREA plc currently shows a dividend yield of about 3.51% relative to its recent price (as of Jul 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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