# FDM Group (Holdings) plc (FDM.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Technology / IT Services. Price 105p, market value 115 millionp.

## Valuation
- **P/E (trailing): 52.7×** (5-yr avg 2438.1×, 3-yr avg 1827.8×). FDM Group (Holdings) plc trades at 52.7× trailing earnings, well below its own five-year average of 2438.1×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 8.9×, lower than trailing, so analysts expect earnings to grow.
- **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: 2.3×**. The shares trade at 2.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 2.0×**. Enterprise value is 2.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 42.9%** (5-yr avg 0.1%). Free cash flow equals 42.9% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 1.9%**. The inverse of the P/E: 1.9% of the price is earned each year.

## Profitability
- **Gross margin: 44.2%**. FDM Group (Holdings) plc keeps 44.2% of revenue after the direct cost of what it sells.
- **Operating margin: 9.8%**. 9.8% of revenue is left after running the business.
- **Net margin: 3.2%**. 3.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.9%**. 10.9% on shareholders' equity is solid.
- **Return on invested capital: 85.0%**. Return on all capital, debt included, is 85.0%: comfortably above what that capital costs.
- **Return on assets: 29.2%**. Each dollar of assets produces 29.2% of profit.

## Growth
- **Revenue growth (1 yr): -31.0%** (3-yr -18.6%/yr, 5-yr -7.9%/yr). Revenue fell 31.0% over the last year, against -7.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -72.8%** (3-yr -45.5%/yr, 5-yr -28.7%/yr). Earnings per share fell 72.8%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -16.4%/yr**. Free cash flow has compounded at -16.4% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.38**. Debt is 0.38 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. FDM Group (Holdings) plc holds more cash than debt.
- **Interest coverage: 17.0×**. Operating profit covers interest 17.0× over, a safe margin.
- **Current ratio: 2.48** (quick 2.48). Current assets cover the next year's liabilities 2.48 times.
- **Altman Z-score: 5.59**. A Z-score of 5.59 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 6.54%** (0p per share, trailing). FDM Group (Holdings) plc yields 6.54%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 358%** (105% of free cash flow). The dividend exceeds earnings (358% payout), which is rarely sustainable outside REITs and one-off years.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr -36.2%). The dividend has not grown over five years.
- **Shareholder yield: 6.0%**. Dividends plus net buybacks return 6.0% of the market value a year.

## Price and momentum
- **Total return (1 yr): -15.8%** (YTD -21.9%, 3-mo -0.9%). The shares are down 15.8% over twelve months including dividends.
- **From 52-week high: -36.4%** (11.5% 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): 33**. An RSI of 33 is neutral.
- **Beta (1 yr): 0.44** (volatility 41%). Beta of 0.44 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.