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Manolete Partners Plc (MANO) Fair Value & Analysis

Industrials · GB · Market cap 18.5M GBX

MP Manolete Partners Plc MANO · LSE
Price£0.3900
Fair Value£0.6500
Upside+66.7%
Quality55/100
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Expensive Growth
Thin margins · 3.9% net margin
Low debt · generates free cash flow
Trails peers (4/13)
Narrow moat 40/100
Evidence: High Range £0.3400 – £0.6500 Share as image

Fair value as of: Aug 13, 2026

From 25 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from £0.6700 to £0.6500 (−3.0%) since Jul 16, 2026. Share price −7.1% over the past month.

A solid business, screening 67% undervalued on our models.

What matters now

  • Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (£0.3400 to £0.6500) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

£3.29 £0.3400 Fair Value £0.6500 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range £0.3400 – £3.29 · fair‑value band £0.3400 – £0.6500 · the £0.3900 price screens below the £0.6500 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Manolete Partners Plc (MANO) currently trades at £0.3900, while our model-based Fair Value estimate is £0.6500, implying the stock looks roughly 66.7% undervalued today. The Quality Score stands at 55/100 (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, Manolete Partners Plc generated revenue of £28.8M at a net margin of 2.2%. Revenue declined 11.7% year over year. It earns a return on equity of 1.6%. Net debt stands at £11.5M. Fundamentals as of Aug 13, 2026

Our scenario range runs from £0.3400 (bear case) to £0.6500 (bull case); at £0.3900, the current price sits within 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 -16% fair-value upside, at 67%, MANO 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 £0.0900 £0.3200 80
Residual Income £0.6200 £0.5600 £0.4000 76
Rev-Margin DCF £0.2200 £0.7500 £1.76 74
All 25 models by family
DCF Models
FCF DCF £0.0700 £0.3500 38
5Y Revenue Exit £0.2100 £0.6300 £1.50 39
5Y EBITDA Exit £0.2100 £0.6300 £1.44 41
5Y P/E Exit £0.0800 £0.5000 £1.08 38
10Y Revenue Exit £0.1100 £0.6600 £1.05 36
10Y EBITDA Exit £0.1200 £0.6600 £1.62 37
10Y P/E Exit £0.0400 £0.4100 £1.02 35
Earnings-Based
Graham-Dodd £0.1700 £1.18 £1.66 54
Lynch FV £0.4500 £0.6400 £0.8300 50
PEG = 1.0 £0.4500 £0.6400 £0.8300 46
EPV £0.1000 £0.1400 £0.1700 59
Dividend Discount
Gordon GGM £0.0300 £0.0600 £0.0800 70
DDM Multi-Stage £0.0300 £0.0600 £0.0600 61
Multiples
P/E Multiple £0.3900 £0.5200 £0.6500 63
P/S Multiple £0.3200 £0.4200 £0.5300 58
P/B Multiple £0.3200 £0.4200 £0.5300 55
EV/EBIT £0.5300 £0.7900 £1.06 53
EV/EBITDA £0.3400 £0.5500 £0.7500 54
EV/Revenue £0.3000 £0.5500 £0.7900 43
Asset-Based
NCAV (Graham) £0.4800 £0.6500 £0.9600 50
Growth DCF
Growth DCF £0.0900 £0.3200 80
Rev-Margin DCF £0.2200 £0.7500 £1.76 74
Economic Profit
Residual Income £0.6200 £0.5600 £0.4000 76
ROIC Compounder £0.1000 £0.1400 £0.1700 72
Growth Earnings
Growth-Adj P/E £0.5700 £0.8100 £1.06 68

Widest divergence: Growth Earnings (£0.8100) versus Dividend Discount (£0.0600). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 28.8M GBX
Revenue growth (YoY) -11.7%
Net margin 2.2%
Return on equity 1.6%
Free cash flow 887K GBX FY2026
P/E ratio 39.0
More key figures
Operating margin 0.7%
EPS (TTM) £0.0100
EPS growth (YoY) +258%
Net debt 11.5M GBX FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 55 · Market factors (momentum, volatility) 26

Profitability 24
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 54
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 4
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

Manolete Partners Plc operates as an insolvency litigation financing company in the United Kingdom. It is involved in the acquisition and funding of insolvency litigation cases. The company was founded in 2009 and is headquartered in London, the United Kingdom.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Manolete Partners Plc reported revenue of £27.9M in FY2026 versus £15.2M in FY2022, a compound +16.3%/yr. Reported net income was £1.1M in FY2026, compounding −26.1%/yr from FY2022.

Growth Quality 46/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
£27.9M
Latest YoY
−8.5%
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.
+1.3%
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.
+2.7%
Avg. 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.
+25.6%
Revenue +16.3%/yr
FY22 £15.2M
FY23 £26.8M
FY24 £26.3M
FY25 £30.5M
FY26 £27.9M
Net income −26.1%/yr
FY22 £3.7M
FY23 −£3.1M
FY24 £933K
FY25 £893K
FY26 £1.1M
Character of growth · EPS growth decomposed (2016-2026) −4.8 % p.a.
Revenue per share +22.7 pp

of which total revenue +23.1 pp · buybacks/dilution −0.4 pp

EBIT margin −15.4 pp
Tax rate −1.8 pp
Residual (interest, one-offs) −10.4 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). "Manolete Partners Plc Fair Value". https://www.fairvalue-calculator.com/stock/MANO

Peer Group

Consulting Services · 84 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 55 · Below median
Fair Value upside +67% · Top 25%
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 17% · Above median
Revenue growth -6% · Below median
Debt / equity 0.30× · Higher than median

Valuation Multiples vs Consulting Services median · lower = cheaper

P/E (TTM) 39.0× · Pricier than 75% of peers
P/B 0.59× · Cheaper than 75% of peers
P/S (TTM) 0.90× · Pricier than median
P/FCF 28.2× · Pricier than 75% of peers
EV/EBITDA 4.9× · 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 23
FUTURE 0 · sector 14
PAST 10 · sector 40
HEALTH 85 · sector 89
DIVIDEND 0 · sector 49

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.

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Frequently asked questions

Is Manolete Partners Plc (MANO) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of £0.6500 versus a price of £0.3900, about +67% (undervalued).
What is the fair value of MANO?
Our model-based fair value for Manolete Partners Plc is £0.6500 (as of Aug 13, 2026), built from audited fundamentals. The current price is £0.3900.
What is the quality score of MANO?
Manolete Partners Plc has a Quality Score of 55/100. 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 Manolete Partners Plc (MANO)?
Manolete Partners Plc reported trailing-twelve-month revenue of about £28.8M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of MANO?
The net profit margin of Manolete Partners Plc is about 2.2%, meaning it keeps roughly 2.2% of revenue as net income. Based on the latest reported figures.

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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