# Cohort plc (CHRT.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials / Aerospace & Defense. Price 1156p, market value 532 millionp.

## Valuation
- **P/E (trailing): 22.7×** (5-yr avg 2296.6×, 3-yr avg 2486.5×). Cohort plc trades at 22.7× trailing earnings, well below its own five-year average of 2296.6×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 15.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.92**. A PEG of 0.92 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.7×**. Each dollar of revenue is priced at 1.7×.
- **Price / book: 2.9×**. The shares trade at 2.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 11.1×**. Enterprise value is 11.1× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -1.2%** (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: 4.4%**. The inverse of the P/E: 4.4% of the price is earned each year.

## Profitability
- **Gross margin: 34.1%**. Cohort plc keeps 34.1% of revenue after the direct cost of what it sells.
- **Operating margin: 11.1%**. 11.1% of revenue is left after running the business.
- **Net margin: 7.8%**. 7.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.8%**. 12.8% on shareholders' equity is solid.
- **Return on invested capital: 13.2%**. Return on all capital, debt included, is 13.2%.
- **Return on assets: 5.7%**. Each dollar of assets produces 5.7% of profit.

## Growth
- **Revenue growth (1 yr): 13.5%** (3-yr 18.8%/yr, 5-yr 16.4%/yr). Revenue grew 13.5% over the last year, against 16.4% a year compounded over five years.
- **EPS growth (1 yr): 16.6%** (3-yr 22.4%/yr, 5-yr 31.6%/yr). Earnings per share rose 16.6%, roughly in step with revenue.

## Financial health
- **Debt to equity: 0.30**. Debt is 0.30 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.1×**. It would take 0.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 14.3×**. Operating profit covers interest 14.3× over, a safe margin.
- **Current ratio: 1.43** (quick 1.14). Current assets cover the next year's liabilities 1.43 times.
- **Altman Z-score: 3.20**. A Z-score of 3.20 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.55%** (0p per share, trailing). Cohort plc yields 1.55%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 32%**. 32% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): 3.7%/yr** (1-yr 10.1%). The dividend has grown 3.7% a year over five years.
- **Shareholder yield: 1.0%**. Dividends plus net buybacks return 1.0% of the market value a year.

## Analyst view
- **Analyst consensus: strong_buy** (9 analysts). 9 analysts cover Cohort plc; the consensus is strong_buy, with an average price target of 1668p (+44% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -5.8%** (YTD 29.0%, 3-mo -8.3%). The shares are down 5.8% over twelve months including dividends.
- **From 52-week high: -24.8%** (31.2% above the low). Trading 25% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 38**. An RSI of 38 is neutral.
- **Beta (1 yr): 0.58** (volatility 48%). Beta of 0.58 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.