Xaar plc

LSE:XAR Stock Report

Market Cap: UK£93.0m

Xaar Management

Management criteria checks 0/4

Xaar's CEO is Robert Mills, appointed in Oct 2019, has a tenure of 6.83 years. total yearly compensation is £722.00K, comprised of 56.8% salary and 43.2% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth £154.40K. The average tenure of the management team and the board of directors is 1.8 years and 2.5 years respectively.

Key information

Robert Mills

Chief executive officer

UK£722.0k

Total compensation

CEO salary percentage56.79%
CEO tenure6.8yrs
CEO ownership0.2%
Management average tenure1.8yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

Narrative Update Jul 10

XAR: Higher Assumed Revenue And P/E Will Support Future Upside

Analysts have adjusted their price target for Xaar to £1.45 from £1.83, citing revised assumptions on fair value, discount rate, revenue growth, profit margins, and future P/E expectations. What’s in the News for Xaar No recent Xaar specific news items have been identified from the provided primary sources.
Narrative Update Jun 26

None

Analysts have trimmed their fair value estimate for Xaar from £2.00 to £1.50, citing updated assumptions that include a higher discount rate, revised revenue growth and profit margin expectations, and a lower future P/E multiple. What’s in the News for Xaar No recent company specific news for Xaar has been provided in the available sources.
New Narrative Apr 01

Battery Coating And Packaging Headwinds Will Eventually Support A Healthier Earnings Profile

Catalysts About Xaar Xaar designs and manufactures industrial inkjet printheads and related systems used across multiple end markets. What are the underlying business or industry changes driving this perspective?
Analysis Article Dec 17

Is There Now An Opportunity In Xaar plc (LON:XAR)?

While Xaar plc ( LON:XAR ) might not have the largest market cap around , it saw significant share price movement...
Analysis Article Sep 12

Xaar plc's (LON:XAR) 26% Jump Shows Its Popularity With Investors

Xaar plc ( LON:XAR ) shares have had a really impressive month, gaining 26% after a shaky period beforehand. Looking...
Analysis Article Jun 11

Xaar plc (LON:XAR) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Despite an already strong run, Xaar plc ( LON:XAR ) shares have been powering on, with a gain of 29% in the last thirty...
Analysis Article May 30

Calculating The Intrinsic Value Of Xaar plc (LON:XAR)

Key Insights The projected fair value for Xaar is UK£1.29 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article Apr 06

Xaar plc's (LON:XAR) 27% Price Boost Is Out Of Tune With Revenues

Xaar plc ( LON:XAR ) shareholders are no doubt pleased to see that the share price has bounced 27% in the last month...
Analysis Article Jan 03

Is It Time To Consider Buying Xaar plc (LON:XAR)?

While Xaar plc ( LON:XAR ) might not have the largest market cap around , it received a lot of attention from a...
Analysis Article Nov 28

Xaar plc (LON:XAR) Doing What It Can To Lift Shares

There wouldn't be many who think Xaar plc's ( LON:XAR ) price-to-sales (or "P/S") ratio of 0.8x is worth a mention when...
Analysis Article Oct 31

Is Xaar (LON:XAR) Weighed On By Its Debt Load?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 28

Some Xaar plc (LON:XAR) Shareholders Look For Exit As Shares Take 26% Pounding

The Xaar plc ( LON:XAR ) share price has fared very poorly over the last month, falling by a substantial 26%. The drop...
Analysis Article May 31

Investors Appear Satisfied With Xaar plc's (LON:XAR) Prospects As Shares Rocket 27%

Despite an already strong run, Xaar plc ( LON:XAR ) shares have been powering on, with a gain of 27% in the last thirty...
Analysis Article May 24

Health Check: How Prudently Does Xaar (LON:XAR) Use Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jan 25

Market Still Lacking Some Conviction On Xaar plc (LON:XAR)

There wouldn't be many who think Xaar plc's ( LON:XAR ) price-to-sales (or "P/S") ratio of 1.1x is worth a mention when...
Analysis Article Jan 13

A Look At The Intrinsic Value Of Xaar plc (LON:XAR)

Does the January share price for Xaar plc ( LON:XAR ) reflect what it's really worth? Today, we will estimate the...
Analysis Article Mar 31

Is There An Opportunity With Xaar plc's (LON:XAR) 45% Undervaluation?

Today we will run through one way of estimating the intrinsic value of Xaar plc ( LON:XAR ) by taking the expected...
Analysis Article Mar 31

Industry Analysts Just Made A Sizeable Upgrade To Their Xaar plc (LON:XAR) Revenue Forecasts

Xaar plc ( LON:XAR ) shareholders will have a reason to smile today, with the analysts making substantial upgrades to...
Analysis Article Jan 18

New Forecasts: Here's What Analysts Think The Future Holds For Xaar plc (LON:XAR)

Celebrations may be in order for Xaar plc ( LON:XAR ) shareholders, with the analysts delivering a significant upgrade...
Analysis Article Aug 03

Here's Why We're Not At All Concerned With Xaar's (LON:XAR) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 20

Is Xaar's (LON:XAR) Share Price Gain Of 176% Well Earned?

It's been a soft week for Xaar plc ( LON:XAR ) shares, which are down 24%. But that doesn't change the fact that the...
Analysis Article Nov 25

How Much Of Xaar plc (LON:XAR) Do Institutions Own?

The big shareholder groups in Xaar plc (LON:XAR) have power over the company. Insiders often own a large chunk of...

CEO Compensation Analysis

How has Robert Mills's remuneration changed compared to Xaar's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

-UK£2m

Mar 31 2026n/an/a

-UK£2m

Dec 31 2025UK£722kUK£410k

-UK£3m

Sep 30 2025n/an/a

-UK£6m

Jun 30 2025n/an/a

-UK£9m

Mar 31 2025n/an/a

-UK£9m

Dec 31 2024UK£518kUK£400k

-UK£9m

Sep 30 2024n/an/a

-UK£6m

Jun 30 2024n/an/a

-UK£3m

Mar 31 2024n/an/a

-UK£3m

Dec 31 2023UK£625kUK£390k

-UK£2m

Sep 30 2023n/an/a

-UK£1m

Jun 30 2023n/an/a

-UK£246k

Mar 31 2023n/an/a

UK£773k

Dec 31 2022UK£2mUK£360k

UK£2m

Sep 30 2022n/an/a

UK£3m

Jun 30 2022n/an/a

UK£3m

Mar 31 2022n/an/a

UK£3m

Dec 31 2021UK£454kUK£315k

UK£3m

Sep 30 2021n/an/a

-UK£486k

Jun 30 2021n/an/a

-UK£4m

Mar 31 2021n/an/a

-UK£3m

Dec 31 2020UK£511kUK£300k

-UK£1m

Sep 30 2020n/an/a

-UK£5m

Jun 30 2020n/an/a

-UK£9m

Mar 31 2020n/an/a

-UK£12m

Dec 31 2019UK£355kUK£67k

-UK£14m

Compensation vs Market: Robert's total compensation ($USD975.82K) is above average for companies of similar size in the UK market ($USD414.28K).

Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.


CEO

Robert Mills (57 yo)

6.8yrs
Tenure
UK£722,000
Compensation

Dr. Robert John Mills has been Chief Executive Officer of Xaar plc since August 1, 2019 and serves as its Executive Director since September 26, 2019. Dr. Mills was Head of Printhead Business Unit at Xaar...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Mills
CEO & Executive Director6.8yrsUK£722.00k0.17%
£ 154.4k
Paul James
CFO & Executive Director1.8yrsUK£491.00k0.029%
£ 26.9k
Graham Tweedale
Chief Operating Officerno datano datano data
Warren Smith
Company Secretaryless than a yearno datano data
1.8yrs
Average Tenure

Experienced Management: XAR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Robert Mills
CEO & Executive Director6.9yrsUK£722.00k0.17%
£ 154.4k
Paul James
CFO & Executive Director1.8yrsUK£491.00k0.029%
£ 26.9k
Stuart Widdowson
Non-Executive Director2.5yrsUK£51.00k0.032%
£ 29.6k
Benjamin Denys Stocks
Independent Non-Executive Chairmanless than a yearUK£34.00k0.021%
£ 19.1k
Richard Amos
Independent Non-Executive Director3.2yrsUK£62.00k0.039%
£ 36.5k
Inken Braunschmidt
Non-Executive Director2.2yrsUK£59.00k0.0051%
£ 4.7k
Jacqueline Sutton
Independent Non-Executive Director2.8yrsUK£51.00k0.012%
£ 10.8k
2.5yrs
Average Tenure
59yo
Average Age

Experienced Board: XAR's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/12 21:51
End of Day Share Price 2026/08/12 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Xaar plc is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas RandsBerenberg
Caspar Nathaniel Richard TrenchardCanaccord Genuity
Mark PaddonCavendish