# Halfords Group plc (HFD.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Consumer Cyclical / Specialty Retail. Price 252p, market value 546 millionp.

## Valuation
- **P/E (trailing): 16.8×** (5-yr avg 984.6×, 3-yr avg 1046.6×). Halfords Group plc trades at 16.8× trailing earnings, well below its own five-year average of 984.6×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 12.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.06**. A PEG of 0.06 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.2×**. Each dollar of revenue is priced at 0.2×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 3.0×**. Enterprise value is 3.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 56.0%** (5-yr avg 0.3%). Free cash flow equals 56.0% of the market value, above its five-year average of 0.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 6.0%**. The inverse of the P/E: 6.0% of the price is earned each year.

## Profitability
- **Gross margin: 50.6%**. Halfords Group plc keeps 50.6% of revenue after the direct cost of what it sells.
- **Operating margin: 3.0%**. 3.0% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 1.8%**. 1.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 6.4%**. 6.4% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 7.2%**. Return on all capital, debt included, is 7.2%.
- **Return on assets: -0.1%**. Each dollar of assets produces -0.1% of profit.

## Growth
- **Revenue growth (1 yr): 5.0%** (3-yr 4.2%/yr, 5-yr 6.9%/yr). Revenue grew 5.0% over the last year, against 6.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 200.0%** (3-yr 0.0%/yr, 5-yr -10.4%/yr). Earnings per share rose 200.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 14.0%/yr**. Free cash flow has compounded at 14.0% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.48**. Debt is 0.48 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.9×**. It would take 0.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 4.5×**. Operating profit covers interest 4.5× over, a safe margin.
- **Current ratio: 0.89** (quick 0.39). 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: 2.79**. A Z-score of 2.79 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 3.41%** (0p per share, trailing). Halfords Group plc yields 3.41%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 58%** (12% of free cash flow). 58% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Shareholder yield: 4.7%**. Dividends plus net buybacks return 4.7% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (6 analysts). 6 analysts cover Halfords Group plc; the consensus is buy, with an average price target of 287p (+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): 87.3%** (YTD 86.5%, 3-mo 46.7%). The shares are up 87.3% over twelve months including dividends.
- **From 52-week high: -8.7%** (103.5% above the low). Trading 9% 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): 65**. An RSI of 65 is neutral.
- **Beta (1 yr): 0.74** (volatility 35%). Beta of 0.74 against the FTSE All-Share: the shares move roughly with the market.

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

Not investment advice.