# Great Portland Estates Plc (GPE.L) fundamentals

Data as of 2026-11-04. LSE, United Kingdom. Sector: Real Estate / Diversified REITs. Price 350p, market value 1.4 billionp.

## Valuation
- **P/E (trailing): 9.2×** (5-yr avg 742.7×, 3-yr avg 742.7×). Great Portland Estates Plc trades at 9.2× trailing earnings, well below its own five-year average of 742.7×: cheap by its own standards. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 30.3×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 1.14**. A PEG of 1.14 is in the range usually read as fairly priced for its growth.
- **Price / sales: 12.0×**. Each dollar of revenue is priced at 12.0×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 13.9×**. Enterprise value is 13.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -2.2%** (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: 10.9%**. The inverse of the P/E: 10.9% of the price is earned each year.

## Profitability
- **Gross margin: 58.2%**. Great Portland Estates Plc keeps 58.2% of revenue after the direct cost of what it sells.
- **Operating margin: 20.6%**. 20.6% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 131.0%**. 131.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.3%**. 7.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 0.8%**. Return on all capital, debt included, is 0.8%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 5.0%**. Each dollar of assets produces 5.0% of profit.

## Growth
- **Revenue growth (1 yr): 25.2%** (3-yr 8.9%/yr). Revenue grew 25.2% over the last year.
- **EPS growth (1 yr): 26.6%**. Earnings per share rose 26.6%, roughly in step with revenue.

## Financial health
- **Debt to equity: 0.41**. Debt is 0.41 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 5.3×**. It would take 5.3 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 2.2×**. Operating profit covers interest 2.2×, thin but manageable.
- **Current ratio: 0.55** (quick 0.55). 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: 1.85**. A Z-score of 1.85 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.33%** (0p per share, trailing). Great Portland Estates Plc yields 2.33%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 20%**. 20% of earnings goes out as dividends, leaving room to keep raising it.

## Price and momentum
- **Total return (1 yr): 1.8%** (YTD 7.1%, 3-mo -2.3%). The shares are up 1.8% over twelve months including dividends.
- **From 52-week high: -7.2%** (29.6% above the low). Trading 7% 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): 67**. An RSI of 67 is neutral.
- **Beta (1 yr): 1.12** (volatility 26%). Beta of 1.12 against the FTSE All-Share: the shares move roughly with the market.

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

Not investment advice.