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Braime Group (BMT) Fair Value & Analysis

Industrials · GB · Market cap 21.7M GBX

BG Braime Group BMT · LSE
Price£13.00
Fair Value£32.35
Upside+148.8%
Quality58/100
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Expensive Growth
Thin margins · 5.3% net margin
Low debt · generates free cash flow
1.27% dividend yield
Ranks above peers (11/14)
Moderate moat 45/100
Evidence: High Range £16.45 – £49.47 Share as image

Fair value as of: Jul 16, 2026

From 25 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from £48.35 to £32.35 (−33.1%) since Jun 25, 2026. Share price −11.1% over the past month.

A solid business, screening 149% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (£16.45). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (£16.45 to £49.47). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (58/100) 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)

£26.01 £0.7774 Fair Value £32.35 Jun 2010 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range £0.7774 – £26.01 · fair‑value band £16.45 – £49.47 · the £13.00 price screens below the £32.35 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Braime Group (BMT) currently trades at £13.00, while our model-based Fair Value estimate is £32.35, implying the stock looks roughly 148.8% undervalued today. The Quality Score stands at 58/100 (solid quality), in the Industrials 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: high), always confirm before acting.

Over the trailing twelve months, Braime Group generated revenue of £50.9M at a net margin of 5.3%. Revenue grew 1.3% year over year. It earns a return on equity of 11.3%. Net debt stands at £2.2M. Fundamentals as of Jul 16, 2026

Our scenario range runs from £16.45 (bear case) to £49.47 (bull case); at £13.00, 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 Industrials peers we cover trades at -35% fair-value upside, at 149%, BMT 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
Growth DCF £2.71 £3.21 £3.80 80
Residual Income £20.87 £22.53 £26.17 76
ROIC Compounder £24.18 £27.32 £31.35 72
All 25 models by family
DCF Models
FCF DCF £2.72 £3.30 £4.04 38
Owner Earnings £10.84 £14.76 £19.72 31
5Y Revenue Exit £24.56 £44.73 £71.28 39
5Y EBITDA Exit £31.94 £58.66 £90.57 41
5Y P/E Exit £24.20 £44.04 £65.30 38
10Y Revenue Exit £13.71 £27.90 £48.08 36
10Y EBITDA Exit £18.71 £36.21 £60.76 37
10Y P/E Exit £14.46 £27.49 £44.15 35
Earnings-Based
Graham-Dodd £19.22 £63.03 £84.24 54
Lynch FV £14.15 £20.21 £26.28 50
PEG = 1.0 £14.15 £20.21 £26.28 46
EPV £24.18 £26.92 £29.15 59
Dividend Discount
Gordon GGM £1.67 £2.80 £3.63 70
DDM Multi-Stage £1.67 £2.56 £3.01 61
Multiples
P/E Multiple £44.53 £59.37 £74.21 63
P/S Multiple £36.05 £48.06 £60.08 58
P/B Multiple £36.05 £48.06 £60.08 55
EV/EBIT £60.48 £80.21 £99.93 53
EV/EBITDA £61.30 £81.30 £101.30 54
EV/Revenue £43.54 £61.64 £79.74 43
Asset-Based
NCAV (Graham) £13.02 £17.44 £26.03 50
Growth DCF
Growth DCF £2.71 £3.21 £3.80 80
Economic Profit
Residual Income £20.87 £22.53 £26.17 76
ROIC Compounder £24.18 £27.32 £31.35 72
Growth Earnings
Growth-Adj P/E £37.50 £53.57 £69.63 68

Widest divergence: Multiples (£59.37) versus Dividend Discount (£2.56). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 50.9M GBX
Revenue growth (YoY) +1.3%
Net margin 5.3%
Return on equity 11.3%
Free cash flow 162K GBX FY2025
P/E ratio 5.1
More key figures
Operating margin 7.1%
EPS (TTM) £1.88
Dividend yield 1.9%
EPS growth (YoY) +10.7%
Net debt 2.2M GBX FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 59 · Market factors (momentum, volatility) 62

Profitability 65
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 24
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 69
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 75
Price trend over the last 3–12 months (market factor)
52W Momentum 69
Distance to the 52-week high (market factor)
Net Issuance 82
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

Braime Group PLC, together with its subsidiaries, engages in the manufacturing and distribution of metal presswork and bulk material handling components in the United Kingdom, Rest of Europe, the Middle East, the United States, Africa, Australia, and Asia.

Full company description

Braime Group PLC, together with its subsidiaries, engages in the manufacturing and distribution of metal presswork and bulk material handling components in the United Kingdom, Rest of Europe, the Middle East, the United States, Africa, Australia, and Asia. It offers level controls, intelligent sensors, and safety control systems for bucket elevators and conveyors; deep drawn metal presswork products; and monitoring equipment. The company was formerly known as T.F. & J.H. Braime (Holdings) P.L.C. and changed its name to Braime Group PLC in August 2019. Braime Group PLC was founded in 1888 and is headquartered in Leeds, the United Kingdom.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Braime Group reported revenue of £50.9M in FY2025 versus £36.4M in FY2021, a compound +8.8%/yr. Reported net income was £2.7M in FY2025, compounding +42.1%/yr from FY2021.

Growth Quality 59/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
£50.9M
Latest YoY
+4.1%
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.
+4.3%
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.
+9.2%
Avg. growth/yr (40Y) 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.
+6.9%
Revenue +8.8%/yr
FY21 £36.4M
FY22 £44.9M
FY23 £48.2M
FY24 £48.9M
FY25 £50.9M
Net income +42.1%/yr
FY21 £665K
FY22 £2.8M
FY23 £2.3M
FY24 £2.3M
FY25 £2.7M
Character of growth · EPS growth decomposed (2014-2025) +8.9 % p.a.
Revenue per share +7.2 pp

of which total revenue +7.2 pp · buybacks/dilution +0.0 pp

EBIT margin +6.7 pp
Tax rate −0.8 pp
Residual (interest, one-offs) −4.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Braime Group Fair Value". https://www.fairvalue-calculator.com/stock/BMT

Peer Group

Industrial Distribution · 102 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 58 · Above median
Fair Value upside +149% · Top 25%
Return on equity (TTM) 11% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 1% · Below median
Dividend yield (TTM) 1.3% · Below median
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Industrial Distribution median · lower = cheaper

P/E (TTM) 6.9× · Cheaper than 75% of peers
P/B 1.17× · Cheaper than median
P/S (TTM) 0.58× · Cheaper than median
P/FCF 180.7× · Pricier than 75% of peers
EV/EBITDA 5.5× · Cheaper than 75% of peers

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 19
FUTURE 7 · sector 19
PAST 45 · sector 37
HEALTH 96 · sector 90
DIVIDEND 25 · sector 31

Insider activity: 30/100

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

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

Similar stocks

10 more Industrial Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
W.W. Grainger, Inc GWW $1,376 $625.61 -55%
Fastenal Company FAST $45.49 $20.64 -55%
Ferguson Enterprises Inc FERG $232.02 $151.92 -35%
WESCO International, Inc WCC $326.71 $213.01 -35%
Watsco, Inc WSO $385.16 $268.10 -30%
Toromont Industries Ltd TIH C$232.22 C$127.90 -45%
Applied Industrial Technologies, Inc AIT $329.35 $191.65 -42%
Finning International Inc FTT C$102.50 C$76.38 -25%
Addtech AB ADDTB kr 329.20 kr 156.35 -53%
Core & Main, Inc CNM $44.66 $49.47 +11%

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Frequently asked questions

Is Braime Group (BMT) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of £32.35 versus a price of £13.00, about +149% (undervalued).
What is the fair value of BMT?
Our model-based fair value for Braime Group is £32.35 (as of Jul 16, 2026), built from audited fundamentals. The current price is £13.00.
What is the quality score of BMT?
Braime Group has a Quality Score of 58/100. 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 Braime Group (BMT)?
Braime Group reported trailing-twelve-month revenue of about £50.9M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of BMT?
The net profit margin of Braime Group is about 5.3%, meaning it keeps roughly 5.3% of revenue as net income. Based on the latest reported figures.
Does Braime Group pay a dividend?
Braime Group currently shows a dividend yield of about 1.94% relative to its recent price (as of Jul 16, 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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