# EnQuest PLC (ENQ.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Energy / Oil, Gas & Consumable Fuels. Price 27p, market value 505 millionp.

## Valuation
- **P/E (trailing): 5.4×** (5-yr avg 4529.9×, 3-yr avg 6750.3×). EnQuest PLC trades at 5.4× trailing earnings, well below its own five-year average of 4529.9×: cheap by its own standards. The Energy median in the September 2026 study was 16.8×. Forward P/E is 16.3×, 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: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 1.4×**. Enterprise value is 1.4× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 57.0%** (5-yr avg 1.5%). Free cash flow equals 57.0% of the market value, above its five-year average of 1.5%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 18.5%**. The inverse of the P/E: 18.5% of the price is earned each year.

## Profitability
- **Gross margin: 26.8%**. EnQuest PLC keeps 26.8% of revenue after the direct cost of what it sells.
- **Operating margin: 22.1%**. 22.1% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 0.1%**. 0.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 0.3%**. 0.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 19.7%**. Return on all capital, debt included, is 19.7%: comfortably above what that capital costs.
- **Return on assets: 2.7%**. Each dollar of assets produces 2.7% of profit.

## Growth
- **Revenue growth (1 yr): -8.0%** (3-yr -16.3%/yr, 5-yr 4.7%/yr). Revenue fell 8.0% over the last year, against 4.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -98.4%**. Earnings per share fell 98.4%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -50.8%/yr**. Free cash flow has compounded at -50.8% a year over three years.

## Financial health
- **Debt to equity: 2.04**. Debt is 2.04 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 0.7×**. It would take 0.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 1.9×**. Operating profit covers interest 1.9×, thin but manageable.
- **Current ratio: 0.72** (quick 0.68). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 0.76**. A Z-score of 0.76 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.22%** (0p per share, trailing). EnQuest PLC yields 3.22%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 980%** (4% of free cash flow). The dividend exceeds earnings (980% payout), though free cash flow still covers it.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Shareholder yield: 4.5%**. Dividends plus net buybacks return 4.5% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (6 analysts). 6 analysts cover EnQuest PLC; the consensus is buy, with an average price target of 39p (+46% 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): 115.1%** (YTD 149.2%, 3-mo 30.4%). The shares are up 115.1% over twelve months including dividends.
- **From 52-week high: -3.6%** (178.4% above the low). Trading within 5% of 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): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): -0.21** (volatility 59%). Beta of -0.21 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.