# Harbour Energy plc (HBR.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Energy / Oil, Gas & Consumable Fuels. Price 271p, market value 4.2 billionp.

## Valuation
- **P/E (trailing): 15.9×**. Harbour Energy plc trades at 15.9× trailing earnings. The Energy median in the September 2026 study was 16.8×. Forward P/E is 6.7×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.4×**. Each dollar of revenue is priced at 0.4×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 0.5×**. Enterprise value is 0.5× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 33.5%** (5-yr avg 0.5%). Free cash flow equals 33.5% of the market value, above its five-year average of 0.5%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 6.3%**. The inverse of the P/E: 6.3% of the price is earned each year.

## Profitability
- **Gross margin: 42.3%**. Harbour Energy plc keeps 42.3% of revenue after the direct cost of what it sells.
- **Operating margin: 32.0%**. 32.0% of revenue is left after running the business, an exceptional level.
- **Net margin: -1.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: -4.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 70.0%**. Return on all capital, debt included, is 70.0%: comfortably above what that capital costs.
- **Return on assets: -1.1%**. Each dollar of assets produces -1.1% of profit.

## Growth
- **Revenue growth (1 yr): 65.6%** (3-yr 23.7%/yr, 5-yr 33.4%/yr). Revenue grew 65.6% over the last year, against 33.4% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -60.0%**. Earnings per share fell 60.0%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -9.8%/yr**. Free cash flow has compounded at -9.8% a year over three years.

## Financial health
- **Debt to equity: 0.21**. Debt is 0.21 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Harbour Energy plc holds more cash than debt.
- **Interest coverage: 12.2×**. Operating profit covers interest 12.2× over, a safe margin.
- **Current ratio: 1.04** (quick 0.94). Current assets cover the next year's liabilities 1.04 times.
- **Altman Z-score: 1.07**. A Z-score of 1.07 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: 4.59%** (0p per share, trailing). Harbour Energy plc yields 4.59%, an income-level yield.
- **Shareholder yield: 6.9%**. Dividends plus net buybacks return 6.9% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (11 analysts). 11 analysts cover Harbour Energy plc; the consensus is buy, with an average price target of 310p (+15% 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): 18.5%** (YTD 35.1%, 3-mo -1.1%). The shares are up 18.5% over twelve months including dividends.
- **From 52-week high: -15.7%** (48.7% above the low). Trading 16% 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): 61**. An RSI of 61 is neutral.
- **Beta (1 yr): -0.70** (volatility 41%). Beta of -0.70 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.