Morgan Advanced Materials PLC (MGAM)

Industry Specialty Industrial Machinery

This stock can be held in an Investment ISA, SIPP and Investment Account

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205.50p

Buy

206.00p

arrow-down-2.50p (-1.21%)

Prices updated at 02 Apr 2026, 17:22 BST

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Prices in GBX

Morgan Advanced Materials PLC provides advanced materials, focused on specialist ceramics, carbon and composites. Its three operating segments are Thermal Ceramics, Molten Metal Systems, Thermal Products Division, and Electrical Carbon.

FTSE All-Share

0.59%

LSE

Important documents: Please ensure that you have read the Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and

Our Investment Fees and Charges.

Income statement

Year chevron-l-regular chevron-r-regular	2024	2025
	1,060m	997m
	785m	701m
	119m	93m
	11.21	9.37
	50m	21m
	146m	91m
Sales, General and administrative	-	-
Interest expenses	22m	25m
Provision for income taxes	25m	18m
Operating expenses	666m	607m
Income before taxes	80m	23m
Net income available to common shareholders	50m	21m
	0.177	0.075
Net interest income	-19m	-22m
Advertising and promotion	-	-
Net investment income, net	3m	-600,000
Realised capital gains (losses), net	-	-
Total benefits, claims and expenses	-	-
Earnings per share (diluted)	0.175	0.075
Free cash flow per share	0.1634	0.0952
Book value/share	1.3233	1.145
Debt equity ratio	1.055697	0.789008

Balance sheet

Year chevron-l-regular chevron-r-regular	2024	2025
Current assets	480m	416m
Current liabilities	263m	338m
Total capital	691m	528m
Total debt	394m	360m
Total equity	354m	317m
Total non current liabilities	-	-
Loans	337m	212m
Total assets	1,077m	985m
Total liabilities	-	-
Cash and cash equivalents	119m	79m
Common stock	283m	277m

Cash flow

Year chevron-l-regular chevron-r-regular	2024	2025
Cash at beginning of period	125m	112m
Cash dividends paid	-34m	-34m
	17m	51m
Investments (gains) losses	-86m	-52m
	112m	74m
Net income	-	-
	113m	118m
	-96m	-67m

The figures shown in the tables are quoted in the currency of the stock selected.

Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.