Cohort (AIM: CHRT)

Last close As at 04/11/2024

440.00

11.00 (2.56%)

Market capitalisation

GBP177m

Edison Investment Research is terminating coverage on Cohort. Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant.

 

Previously published reports can still be accessed via our website.

Latest Insights

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Industrials | Outlook

Cohort — Defence remains an increasing priority

Industrials | Update

Cohort — Order book supports return to growth

Industrials | Flash note

Cohort — Making good progress at SEA

Sector

Industrials

Balance Sheet

Forecast net cash (£m)

4.9

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (11.1) (20.7) (28.3)
Relative (16.6) (18.5) (25.9)
52 week high/low 630.0p/391.0p

Financials

Cohort is an AIM-listed defence and security company operating across six divisions: MASS (22% of H123 sales), SEA (21%), MCL (18%), the 80%-owned Portuguese business EID (3%), the now wholly owned Chess Dynamics based in the UK (25%) and ELAC SONAR in Germany (12%).

Y/E Apr Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2021A 143.3 22.1 17.9 33.6 13.1 8.5
2022A 137.8 19.4 14.7 31.1 14.1 7.8
2023E 165.9 22.9 17.6 35.0 12.6 24.5
2024E 179.7 25.2 19.6 36.5 12.1 8.7

Research

Flash note

Industrials

Cohort — Making good progress at SEA

Update

Industrials

Cohort — Defence prioritisation to strengthen demand

Update

Industrials

Cohort — Set to resume growth in FY23

Update

Industrials

Cohort — Stronger H222 underpinned by record backlog

Update

Industrials

Cohort — FY21 delivers growth despite pandemic

Update

Industrials

Cohort — Solid progress through the pandemic

Update

Industrials

Cohort — Robust in a challenging environment

Update

Industrials

Cohort — Extending a sound interest

Thematics

thematic

Industrials

The art of measurement – Challenges in metrology

thematic

Industrials

Deutsches Eigenkapitalforum (EKF) 2023 industrials

thematic

Industrials

The long and winding road

thematic

Industrials

Quantum computing: A booming industry

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