EN DE

PipeHawk plc (PIP) Fair Value & Analysis

Technology · GB · Market cap 817K GBX

PP PipeHawk plc PIP · LSE
Price£0.0250
Fair Value£0.0750
Upside+200.0%
Quality51/100
Watch PipeHawk plc for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -29.1% net margin
Negative equity (buybacks among others) · generates free cash flow
Trails peers (3/10)
Narrow moat 10/100
Evidence: Medium Range £0.0136 – £0.1432 Share as image

Fair value as of: Jun 23, 2026

From 2 valuation models · updated 48 days ago

Fair value updated Jun 23, 2026, revised from £0.0900 to £0.0750 (−16.7%) since Jun 11, 2026. Share price −14.0% over the past month.

A solid business, screening 200% undervalued on our models.

What matters now

  • The model range is unusually wide (£0.0136 to £0.1432). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

£0.4244 £0.0122 Fair Value £0.0750 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 23, 2026.

How to read this chart

60‑month range £0.0122 – £0.4244 · fair‑value band £0.0136 – £0.1432 · the £0.0250 price screens below the £0.0750 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jun 23, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

PipeHawk plc (PIP) currently trades at £0.0250, while our model-based Fair Value estimate is £0.0750, implying the stock looks roughly 200.0% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Technology 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, PipeHawk plc generated revenue of £2.8M at a net margin of -29.1%. Revenue declined 45.2% year over year. Net debt stands at £7.0M. Fundamentals as of Jun 23, 2026

Our scenario range runs from £0.0136 (bear case) to £0.1432 (bull case); at £0.0250, 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 Technology peers we cover trades at -45% fair-value upside, at 200%, PIP 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
EV/EBITDA £0.0300 54
5Y EBITDA Exit £0.0100 41
All 2 models by family
DCF Models
5Y EBITDA Exit £0.0100 41
Multiples
EV/EBITDA £0.0300 54

Notify me when PIP reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 2.8M GBX
Revenue growth (YoY) -45.2%
Net margin -29.1%
Free cash flow 99.0K GBX FY2025
Operating margin -31.7%
EPS (TTM) £-0.0200
More key figures
EPS growth (YoY) +115%
Net debt 7.0M GBX FY2025

Figures from reported company fundamentals · as of Jun 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 50 · Market factors (momentum, volatility) 58

Profitability 50
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 1
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 66
Distance to the 52-week high (market factor)
Net Issuance 79
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

PipeHawk plc engages in the development, assembly, and sale of automated manufacturing units, test system, rail industry solutions, and ground probing radar (GPR) equipment in the United Kingdom, Europe and internationally.

Full company description

PipeHawk plc engages in the development, assembly, and sale of automated manufacturing units, test system, rail industry solutions, and ground probing radar (GPR) equipment in the United Kingdom, Europe and internationally. It operates through Utility Detection and Mapping Services; Development, Assembly, and Sale of GPR Equipment; and Rail Trackside Solutions segments. The company also provides GPR based services; and undertakes complementary research and development assignments. In addition, it offers site survey support to civil engineers, consulting engineers, design engineers, and planners; and produces machines, attachments, and tools for track renewal and maintenance. Further, the company is involved in research and development of GPR products and services under the Groundvue and PipeHawk brand name, as well as provision of training in GPRs techniques for both beginners and for more experienced user. Additionally, it provides technology solutions for a range of industries, such as highways, automotive, rail, aerospace, and slip test solutions. The company is also involved in specialist surveying and specialist in railway equipment. PipeHawk plc was incorporated in 2000 and is based in Cinderford, the United Kingdom.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PipeHawk plc reported revenue of £3.7M in FY2025 versus £6.7M in FY2021, a compound −13.4%/yr. Reported net income was −£259K in FY2025.

Growth Quality 10/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
£3.7M
Latest YoY
−59.0%
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.
−15.4%
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.
−14.8%
Avg. growth/yr (28Y) 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.
+4.8%
Revenue −13.4%/yr
FY21 £6.7M
FY22 £6.2M
FY23 £6.5M
FY24 £9.1M
FY25 £3.7M
Net income
FY21 £522K
FY22 −£868K
FY23 −£2.5M
FY24 −£1.7M
FY25 −£259K

Watch PIP: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

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

Peer Group

Scientific & Technical Instruments · 161 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 51 · Below median
Fair Value upside +200% · Top 25%
Return on assets -17% · Bottom 25%
Net margin (TTM) -29% · Bottom 25%
Operating margin (TTM) -32% · Bottom 25%
Revenue growth -45% · Bottom 25%

Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper

P/S (TTM) 0.39× · Cheaper than 75% of peers
P/FCF 11.1× · 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 0
FUTURE 0 · sector 32
PAST 0 · sector 25
HEALTH 100 · sector 98
DIVIDEND 0 · sector 24

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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 Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Jun 23, 2026).

Stock Price Fair Value vs Fair Value
Keysight Technologies, Inc KEYS $315.90 $84.16 -73%
Garmin Ltd GRMN $241.76 $146.67 -39%
Teledyne Technologies Incorporated TDY $635.52 $367.58 -42%
Chroma ATE Inc 2360 1,905 TWD 286.15 TWD -85%
Hexagon AB HEXAB kr 80.10 kr 52.93 -34%
MKS Inc MKSI $324.69 $77.46 -76%
AVIC Chengdu Aircraft Company 302132 ¥52.91 ¥34.47 -35%
Fortive Corporation FTV $61.78 $33.84 -45%
Trimble Inc TRMB $52.72 $24.47 -54%
Cognex Corporation CGNX $64.07 $13.75 -79%

Compare PipeHawk plc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is PipeHawk plc (PIP) overvalued or undervalued?
As of Jun 23, 2026, our model estimates a fair value of £0.0750 versus a price of £0.0250, about +200% (undervalued).
What is the fair value of PIP?
Our model-based fair value for PipeHawk plc is £0.0750 (as of Jun 23, 2026), built from audited fundamentals. The current price is £0.0250.
What is the quality score of PIP?
PipeHawk plc has a Quality Score of 51/100. 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 PipeHawk plc (PIP)?
PipeHawk plc reported trailing-twelve-month revenue of about £2.8M (latest available figure, as of Jun 23, 2026).
What is the net profit margin of PIP?
The net profit margin of PipeHawk plc is about -29.1%, meaning it is currently running at a net loss. 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.

14 days Pro free · no card

Track PipeHawk plc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.