# Henry Boot PLC (BOOT.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Real Estate / Real Estate Management & Development. Price 147p, market value 198 millionp.

## Valuation
- **P/E (trailing): 9.8×** (5-yr avg 1228.1×, 3-yr avg 1283.9×). Henry Boot PLC trades at 9.8× trailing earnings, well below its own five-year average of 1228.1×: cheap by its own standards. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 11.7×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.5×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 3.7×**. Enterprise value is 3.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -1.6%** (5-yr avg -0.0%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 10.2%**. The inverse of the P/E: 10.2% of the price is earned each year.

## Profitability
- **Gross margin: 24.2%**. Henry Boot PLC keeps 24.2% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 9.7%**. 9.7% of revenue is left after running the business.
- **Net margin: 8.6%**. 8.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.1%**. 5.1% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 7.8%**. Return on all capital, debt included, is 7.8%.
- **Return on assets: 6.9%**. Each dollar of assets produces 6.9% of profit.

## Growth
- **Revenue growth (1 yr): -23.4%** (3-yr -9.7%/yr, 5-yr 2.5%/yr). Revenue fell 23.4% over the last year, against 2.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -5.9%** (3-yr -13.8%/yr, 5-yr 12.4%/yr). Earnings per share fell 5.9%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.28**. Debt is 0.28 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.3×**. It would take 1.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 3.4×**. Operating profit covers interest 3.4× over, a safe margin.
- **Current ratio: 4.85** (quick 0.93). Current assets cover the next year's liabilities 4.85 times.
- **Altman Z-score: 2.60**. A Z-score of 2.60 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.24%** (0p per share, trailing). Henry Boot PLC yields 5.24%, an income-level yield.
- **Payout ratio: 49%**. 49% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 17.6%/yr** (1-yr 5.1%). The dividend has compounded at 17.6% a year over five years, doubling roughly every 4 years at that pace.
- **Shareholder yield: 5.1%**. Dividends plus net buybacks return 5.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): -31.1%** (YTD -32.6%, 3-mo -7.6%). The shares are down 31.1% over twelve months including dividends.
- **From 52-week high: -36.1%** (10.1% above the low). Trading 36% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 0.26** (volatility 31%). Beta of 0.26 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BOOT.L · Page: https://foliofundamentals.com/stocks/boot.l

Not investment advice.