Friday 6 November 2026
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Public Policy Holding Company, Inc.
PPHC Industrials Consulting Services
Public Policy Holding Company, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $186.5 million, up 24.7% from fiscal 2024.
- Revenue
- +7.32%
- EPS
- +56.8%
- Free cash flow
- −69.7%
Quarter to June 2026, against a year earlier
11.29
1.33
−10.54%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | 135 | 150 | 187 | 201 | +17.6% | 215 | 236 | 250 | +10.2% | |
| Gross margin, % | — | — | — | — | — | — | — | 13.60 | 11.55 | 10.00 | 13.54 | (3.6) pt | ||||||
| EBT | — | — | — | — | — | — | — | (7) | (17) | (35) | (34) | +126.6% | ||||||
| EBT margin, % | — | — | — | — | — | — | — | (4.99) | (11.64) | (18.55) | (17.16) | (13.6) pt | ||||||
| Net income | — | — | — | — | — | — | — | (14) | (24) | (39) | (38) | +65.5% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | — | 14.48 | 11.15 | 10.68 | 8.05 | (14.1%) | |||||
| Earnings | — | — | — | — | — | — | — | (1.53) | (2.34) | (2.37) | (1.97) | +24.6% | ||||||
| Cash flow | — | — | — | — | — | — | — | 1.10 | 1.22 | 1.42 | 0.64 | +13.7% | ||||||
| Capex | — | — | — | — | — | — | — | (0.02) | 0.00 | 0.00 | (0.02) | (84.5%) | ||||||
| Free cash flow | — | — | — | — | — | — | — | 1.07 | 1.22 | 1.42 | 0.62 | +15.0% | ||||||
| Book value | — | — | — | — | — | — | — | 8.80 | 6.06 | 4.29 | 4.45 | (30.2%) | ||||||
| Shares, m | — | — | — | — | — | — | — | 9 | 13 | 17 | 21 | +36.9% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | — | — | — | 1.06 | 1.06 | 1.06 | 1.40 | 1.1 | ||||||
| P/B | — | — | — | — | — | — | — | 2.63 | 2.63 | 2.63 | 2.54 | 2.6 | ||||||
| EV/Sales | — | — | — | — | — | — | — | 1.15 | 1.15 | 1.15 | 1.38 | 1.1 | ||||||
| EV/FCF | — | — | — | — | — | — | — | 8.67 | 8.67 | 8.67 | 17.94 | 8.7 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | 10 | 16 | 25 | 16 | +55.6% | |||||
| Capex | — | — | — | — | — | — | — | 0 | 0 | 0 | (1) | (78.3%) | ||||||
| Free cash flow | — | — | — | — | — | — | — | 10 | 16 | 25 | 15 | +57.3% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | — | 7 | 8 | 6 | 30 | (7.0%) | |||||
| Net debt | — | — | — | — | — | — | — | (7) | 11 | 17 | (5) | n/m | ||||||
| Shareholders’ equity | — | — | — | — | — | — | — | 82 | 81 | 75 | 111 | (4.5%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | — | 0.00 | (19.47) | (21.98) | (20.41) | (22.0) pt | |||||
| ROIC | — | — | — | — | — | — | — | (8.83) | (12.23) | (22.95) | (14.43) | (14.1) pt | ||||||
| ROE | — | — | — | — | — | — | — | 0.00 | (38.39) | (53.06) | (41.08) | (53.1) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | 450 | 450 | — | 0.0% | |||||
| Revenue/emp, $m | — | — | — | — | — | — | — | 0.00 | 0.33 | 0.41 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Public Policy Holding Company, Inc. vs peers in Consulting Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ICFI ICF International, Inc. | $1.7B | 17.8× | 16.2× | +1.09% (above 0%: growing) | +37.21% (above 0%: growing) | −29.12% (below 0%: shrinking) | 38.08% | 0.00% | Compare |
| CRAI Charles River Associates | $1.3B | 24.9× | 24.2× | +15.61% (above 0%: growing) | +27.49% (above 0%: growing) | +103.95% (above 0%: growing) | 29.10% | 11.12% | Compare |
| SBC SBC Medical Group Holdings Incorporated | $516.3M | 10.7× | 11.3× | +13.44% (above 0%: growing) | +400.00% (above 0%: growing) | +396.07% (above 0%: growing) | 73.14% | 38.55% | Compare |
| ROMA Roma Green Finance Limited | $373.5M | — | — | — | — | +20.80% (above 0%: growing) | — | — | Compare |
| PPHC Public Policy Holding Company, Inc. | $342.7M | — (loss-making) | — (loss-making) | +7.32% (above 0%: growing) | n/m | −69.72% (below 0%: shrinking) | 21.77% | (7.45%) | |
| FORR Forrester Research, Inc. | $165.6M | — (loss-making) | — (loss-making) | −8.68% (below 0%: shrinking) | n/m | −197.82% (below 0%: shrinking) | 59.95% | 2.77% | Compare |
| EGG Enigmatig Limited | $143.8M | — | — | — | — | — | — | — | Compare |
| RGP Resources Connection, Inc. | $91.3M | — (loss-making) | — (loss-making) | −18.42% (below 0%: shrinking) | n/m | −140.54% (below 0%: shrinking) | 37.38% | (7.45%) | Compare |
| EFTY Etoiles Capital Group Co., Ltd. | $75.1M | — | — | — | — | — | — | — | Compare |
| Median of peers | $269.6M | 17.8× | 16.2× | +1.09% | +37.21% | −4.16% | 38.08% | 2.77% |
Pay and ownership Proxy statement filed 17 April 2026
Ownership
Directors and executive officers, together
14.62%
Jeffrey Alan Forbes
7.70%
Daniel Clyde Tate, Jr.
5.27%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement