# Ibstock plc (IBST.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Basic Materials / Construction Materials. Price 81p, market value 322 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Ibstock plc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **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: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 3.3×**. Enterprise value is 3.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 1.0%** (5-yr avg 0.0%). Free cash flow equals 1.0% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been.

## Profitability
- **Gross margin: 28.5%**. Ibstock plc keeps 28.5% of revenue after the direct cost of what it sells.
- **Operating margin: 6.7%**. 6.7% of revenue is left after running the business.
- **Net margin: 0.8%**. 0.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 0.8%**. 0.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 7.9%**. Return on all capital, debt included, is 7.9%.
- **Return on assets: 2.4%**. Each dollar of assets produces 2.4% of profit.

## Growth
- **Revenue growth (1 yr): 1.6%** (3-yr -10.1%/yr, 5-yr 3.3%/yr). Revenue grew 1.6% over the last year, against 3.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -79.8%** (3-yr -66.8%/yr). Earnings per share fell 79.8%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.45**. Debt is 0.45 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.0×**. It would take 1.0 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 2.7×**. Operating profit covers interest 2.7×, thin but manageable.
- **Current ratio: 1.33** (quick 0.39). Current assets cover the next year's liabilities 1.33 times.
- **Altman Z-score: 1.94**. A Z-score of 1.94 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.40%** (0p per share, trailing). Ibstock plc yields 2.40%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 514%**. The dividend exceeds earnings (514% payout), which is rarely sustainable outside REITs and one-off years.
- **Shareholder yield: 2.4%**. Dividends plus net buybacks return 2.4% of the market value a year.

## Price and momentum
- **Total return (1 yr): -37.2%** (YTD -39.0%, 3-mo -9.6%). The shares are down 37.2% over twelve months including dividends.
- **From 52-week high: -43.4%** (1.1% above the low). Trading 43% 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): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 1.44** (volatility 34%). Beta of 1.44 against the FTSE All-Share: the shares move much more than the market.

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

Not investment advice.