# Man Group PLC (EMG.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services / Capital Markets. Price 306p, market value 3.4 billionp.

## Valuation
- **P/E (trailing): 14.6×** (5-yr avg 927.8×, 3-yr avg 1169.5×). Man Group PLC trades at 14.6× trailing earnings, well below its own five-year average of 927.8×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 8.9×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.6×**. Each dollar of revenue is priced at 1.6×.
- **Price / book: 2.9×**. The shares trade at 2.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 5.7×**. Enterprise value is 5.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 16.7%** (5-yr avg 0.2%). Free cash flow equals 16.7% of the market value, above its five-year average of 0.2%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 6.9%**. The inverse of the P/E: 6.9% of the price is earned each year.

## Profitability
- **Gross margin: 63.8%**. Man Group PLC keeps 63.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 28.1%**. 28.1% of revenue is left after running the business, an exceptional level.
- **Net margin: 12.0%**. 12.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 11.3%**. 11.3% on shareholders' equity is solid.
- **Return on invested capital: 37.2%**. Return on all capital, debt included, is 37.2%: comfortably above what that capital costs.
- **Return on assets: 9.9%**. Each dollar of assets produces 9.9% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 4.0%** (3-yr -4.9%/yr, 5-yr 9.7%/yr). Revenue grew 4.0% over the last year, against 9.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -36.0%** (3-yr -29.7%/yr, 5-yr 11.5%/yr). Earnings per share fell 36.0%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -27.7%/yr**. Free cash flow has compounded at -27.7% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: 215 millionp**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 4.11%** (0p per share, trailing). Man Group PLC yields 4.11%, an income-level yield.
- **Payout ratio: 111%** (50% of free cash flow). The dividend exceeds earnings (111% payout), though free cash flow still covers it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 10.6%/yr** (1-yr 0.9%). The dividend has compounded at 10.6% a year over five years, doubling roughly every 7 years at that pace.
- **Shareholder yield: 8.8%**. Dividends plus net buybacks return 8.8% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (11 analysts). 11 analysts cover Man Group PLC; the consensus is buy, with an average price target of 349p (+14% 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): 92.3%** (YTD 33.6%, 3-mo 5.4%). The shares are up 92.3% over twelve months including dividends.
- **From 52-week high: -6.4%** (98.6% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 0.93** (volatility 29%). Beta of 0.93 against the FTSE All-Share: the shares move roughly with the market.

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

Not investment advice.