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ActiveOps PLC (AOM) Fair Value & Analysis

Technology · GB · Market cap 141M GBX · ISIN GB00BLH37Y17

What is ActiveOps PLC really worth?

AP ActiveOps PLC AOM · LSE
Price£1.93
Fair Value£0.4200
Upside−78.2%
Quality57/100

A solid business, but trading 358% above our fair value of £0.4200.

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Strengths

Moderate debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +17.2 %/yr)
!Loss-making · -5.1% net margin
!Trails peers (4/12)
!Narrow moat 26/100
!Evidence only medium, so the estimate is less certain
Evidence: Medium Range £0.4000 – £0.4400

Fair value as of: Aug 30, 2026

From 12 valuation models · updated 3 days ago

Share price −4.9% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (£0.4400). The favourable scenario is already priced in.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
  • The models converge in a tight band (£0.4000 to £0.4400), unusually little disagreement for a valuation.

Price vs Fair Value (5 years)

£2.86 £0.6550 Fair Value £0.4200 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 30, 2026.

How to read this chart

60‑month range £0.6550 – £2.86 · fair‑value band £0.4000 – £0.4400 · the £1.93 price screens above the £0.4200 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 30, 2026.

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Analysis

ActiveOps PLC (AOM) currently trades at £1.93, while our model-based Fair Value estimate is £0.4200, implying the stock looks roughly 358.3% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Technology sector. Bull case: the Growth DCF group reads highest at a median of £3.24 per share, and 9 of the 12 models we run sit above the £1.93 price. Bear case: the Asset-Based group reads lowest at £0.0800, and 3 of the 12 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, ActiveOps PLC generated revenue of £37.0M at a net margin of −0.6%. Revenue grew 45.4% year over year. It earns a return on equity of −2.2%. The balance sheet holds a net cash position of £23.7M. Fundamentals as of Aug 30, 2026

Our scenario range runs from £0.4000 (bear case) to £0.4400 (bull case); at £1.93, the current price sits above 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 Technology peers we cover trades at −38% fair-value upside, at −78%, AOM screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF £2.22 £3.02 £5.35 76
Growth DCF £2.09 £3.24 £5.03 75
5Y EBITDA Exit £0.9800 £1.15 £1.46 74
All 12 models by family
DCF Models
FCF DCF £2.22 £3.02 £5.35 76
5Y Revenue Exit £1.99 £3.19 £5.69 68
5Y EBITDA Exit £0.9800 £1.15 £1.46 74
10Y Revenue Exit £2.02 £3.89 £5.00 64
10Y EBITDA Exit £1.44 £2.03 £2.78 67
Dividend Discount
Gordon GGM £280.47 £469.76 £609.73 66
DDM Multi-Stage £280.47 £445.56 £505.38 65
Multiples
EV/EBITDA £0.3000 £0.3200 £0.3400 67
EV/Revenue £1.76 £2.41 £3.07 54
Asset-Based
NCAV (Graham) £0.0600 £0.0800 £0.1200 54
Growth DCF
Growth DCF £2.09 £3.24 £5.03 75
Rev-Margin DCF £2.17 £3.62 £6.64 67

Widest divergence: Dividend Discount (£445.56) versus Asset-Based (£0.0800). Highest evidence: FCF DCF (76).

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Key figures & financial health

P/S ratio 3.14 TTM
EPS (TTM) £−0.0300
Net margin −5.1% FY2026
Return on equity −25.2% TTM
Return on assets (EBIT) −1.7% avg 5y
Operating margin 7.7% TTM
More key figures
Growth
Revenue (TTM) £45.0M TTM
Revenue growth (YoY) +49.8% 3y avg +20.9%
EPS growth (YoY) −18.3%
Balance sheet & cash flow
Free cash flow 12.0M GBX FY2026
Net cash 23.7M GBX FY2026

Figures from reported company fundamentals · as of Aug 30, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 61 · Market factors (momentum, volatility) 38

Profitability 33
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 97
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 92
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

ActiveOps Plc, together with its subsidiaries, engages in the provision of hosted operations management software as a service solution to industries in Europe, the Middle East, India, Africa, North America, and Asia Pacific.

Full company description

ActiveOps Plc, together with its subsidiaries, engages in the provision of hosted operations management software as a service solution to industries in Europe, the Middle East, India, Africa, North America, and Asia Pacific. The company offers ControliQ, a solution to make better decisions; CaseworkiQ, a solution for modern SLA management; and WorkiQ, a software solution for people, performance, and engagement. It serves banking, insurance, healthcare, and BPS sectors. The company was formerly known as ActiveOps Limited and changed its name to ActiveOps Plc in March 2021. ActiveOps Plc was incorporated in 1995 and is based in Reading, the United Kingdom.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

ActiveOps PLC reported revenue of 45.0M GBX in FY2026 versus 22.9M GBX in FY2022, a compound +18.4%/yr. Reported net income was −2.3M GBX in FY2026.

Growth Quality 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
£45.0M
Latest YoY
+47.7%
Avg. revenue 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.
+20.9%
Avg. revenue 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.
+17.2%
Avg. revenue growth/yr (13Y) 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.
+63.7%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue +18.4%/yr
FY22 22.9M GBX
FY23 25.5M GBX
FY24 26.8M GBX
FY25 30.5M GBX
FY26 45.0M GBX
Net income
FY22 −2.7M GBX
FY23 −497K GBX
FY24 845K GBX
FY25 1.1M GBX
FY26 −2.3M GBX

AOM screens 358% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "ActiveOps PLC Fair Value". https://www.fairvalue-calculator.com/stock/AOM

Peer Group

Software - Application · 721 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 57 · Above median
Fair Value upside −78% · Bottom 25%
Return on assets 2% · Above median
Net margin (TTM) −5% · Below median
Operating margin (TTM) 8% · Above median
Revenue growth 50% · Top 25%
Debt / equity 0.87× · Higher than 75% of peers

Valuation Multiples vs Software - Application median · lower = cheaper

P/B 22.63× · Pricier than 75% of peers
P/S (TTM) 4.25× · Pricier than 75% of peers
P/FCF 15.9× · Pricier than median
EV/EBITDA 77.0× · Pricier than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 1
FUTURE100 · sector 38
PAST0 · sector 11
HEALTH57 · sector 98
DIVIDEND0 · sector 30

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 30, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAP €191.32 €169.59 −11%
Shopify Inc SHOP C$209.78 C$28.76 −86%
Uber Technologies, Inc UBER $78.82 $43.66 −45%
Salesforce, Inc CRM $252.05 $249.28 −1%
ServiceNow, Inc NOW $138.43 $43.73 −68%
Cadence Design Systems, Inc CDNS $340.39 $112.57 −67%
Snowflake Inc SNOW $329.11 $42.27 −87%
Adobe Inc ADBE $289.15 $454.04 +57%
Automatic Data Processing, Inc ADP $284.68 $177.51 −38%
Intuit Inc INTU $348.00 $363.46 +4%

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Frequently asked questions

Is ActiveOps PLC (AOM) overvalued or undervalued?
As of Aug 30, 2026, our model estimates a fair value of £0.4200 versus a price of £1.93, about −78% upside (overvalued).
What is the fair value of AOM?
Our model-based fair value for ActiveOps PLC is £0.4200 (as of Aug 30, 2026), built from audited fundamentals. The current price: £1.93.
What is the quality score of AOM?
ActiveOps PLC has a Quality Score of 57/100. 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 ActiveOps PLC (AOM)?
ActiveOps PLC reported trailing-twelve-month revenue of about £37.0M (latest available figure, as of Aug 30, 2026).
What is the net profit margin of AOM?
The net profit margin of ActiveOps PLC is about −0.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
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