Time Finance (LON:TIME) – Justin Tempus to buy?

19.08.2025

The shares of this £49m-capitalised alternative finance provider are looking a little bit friendless at the current 53p.

The group’s end-May Final Results are due on Wednesday 24^th September, they should certainly be good enough to perk the shares up through the 60p, even the 65p level in reaction.

The last year is estimated to have seen revenues rise to £37.0m (£33.2m), while adjusted pre-tax profits could well have increased to £8.0m (£6.0m), with earnings up to 6.5p (4.9p) per share.

What is more I believe that the current year will be even better – with analyst Andrew Renton, at Cavendish Capital Markets, stating that the current valuation looks highly compelling – his Target Price is 112p, more than twice the market price.

Time is right now for its shares to be taken out ahead of the next rise.

As I have said before – they are too cheap to ignore.

(Profile 23.12.20 @ 21.50p set a Target Price of 30p*)

(Profile 07.01.22 @ 23.50p set a Target Price of 30p*)

(Profile 20.11.23 @ 32.50p set a Target Price of 40p*)