PEEL

Peel Hunt Limited

Financial Services First-pass screen £123m

330/1000 Overall fit

AI beneficiary 35% 25

Operating leverage 25% 35

Valuation 25% 30

Downside protection 15% 52

First-pass take

Investment bank with zero AI revenue exposure; only internal use of ML tools for research efficiency. Loss-making (£3.5m LBT), high compensation ratio (60.8%), and costs rising faster than revenue. Cyclical business dependent on depressed UK ECM activity; cash declining 46% YoY despite 6.4% revenue growth.

Flags

loss-makingcyclicalno-valuation-datauk-equity-declinehigh-staff-costscash-burnmicro-cap