# 3i Group plc (III.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 2773p, market value 28.2 billionp.

## Valuation
- **P/E (trailing): 5.1×** (5-yr avg 508.6×, 3-yr avg 617.7×). 3i Group plc trades at 5.1× trailing earnings, well below its own five-year average of 508.6×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 4.5×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.32**. A PEG of 1.32 is in the range usually read as fairly priced for its growth.
- **Price / sales: 13.3×**. Each dollar of revenue is priced at 13.3×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 2.8×**. Enterprise value is 2.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 3.2%** (5-yr avg 0.0%). Free cash flow equals 3.2% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 19.4%**. The inverse of the P/E: 19.4% of the price is earned each year.

## Profitability
- **Operating margin: 464.5%**. 464.5% of revenue is left after running the business, an exceptional level.
- **Return on equity: 17.1%**. 17.1% on shareholders' equity is solid.
- **Return on invested capital: 31.2%**. Return on all capital, debt included, is 31.2%: comfortably above what that capital costs.
- **Return on assets: 32.0%**. Each dollar of assets produces 32.0% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -91.9%** (3-yr -10.9%/yr, 5-yr 12.5%/yr). Revenue fell 91.9% over the last year, against 12.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 3.5%** (3-yr 4.4%/yr, 5-yr 22.9%/yr). Earnings per share rose 3.5%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -7.6%/yr**. Free cash flow has compounded at -7.6% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: 635 millionp**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 0.03%** (1p per share, trailing). 3i Group plc yields 0.03%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 14%** (156% of free cash flow). 14% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 17.7%/yr** (1-yr 21.5%). The dividend has compounded at 17.7% a year over five years, doubling roughly every 4 years at that pace.
- **Shareholder yield: 0.1%**. Dividends plus net buybacks return 0.1% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (11 analysts). 11 analysts cover 3i Group plc; the consensus is buy, with an average price target of 3394p (+22% 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): -29.1%** (YTD -14.8%, 3-mo 26.9%). The shares are down 29.1% over twelve months including dividends.
- **From 52-week high: -38.3%** (51.9% above the low). Trading 38% 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): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 1.52** (volatility 46%). Beta of 1.52 against the FTSE All-Share: the shares move much more than the market.

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

Not investment advice.