STEM

Sthree PLC

Industrial Goods and Services First-pass screen £212m

550/1000 Overall fit

AI beneficiary 35% 60

Operating leverage 25% 65

Valuation 25% 30

Downside protection 15% 70

First-pass take

STEM-talent recruiter with AI-driven demand exposure (USA Energy revenues +4% YoY on datacenter/AI infrastructure investment). Strong balance sheet: £68m net cash, £70m operating CF. Platform rollout (TIP) delivered £6.5m savings and 18% productivity gains in USA. But earnings collapsed 62% YoY (£25.5m PBT) with FY26 guidance further down (£10m). No valuation data.

Flags

cyclicalnet-cashno-valuation-data