# Intertek Group plc (ITRK.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials / Professional Services. Price 5850p, market value 9.3 billionp.

## Valuation
- **P/E (trailing): 28.5×** (5-yr avg 2420.2×, 3-yr avg 2226.1×). Intertek Group plc trades at 28.5× trailing earnings, well below its own five-year average of 2420.2×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 20.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 14.35**. A PEG of 14.35 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 1.4×**. Each dollar of revenue is priced at 1.4×.
- **Price / book: 8.5×**. The shares trade at 8.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 7.0×**. Enterprise value is 7.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 9.2%** (5-yr avg 0.1%). Free cash flow equals 9.2% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.5%**. The inverse of the P/E: 3.5% of the price is earned each year.

## Profitability
- **Gross margin: 17.2%**. Intertek Group plc keeps 17.2% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 17.2%**. 17.2% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 10.0%**. 10.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 31.7%**. 31.7% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 36.4%**. Return on all capital, debt included, is 36.4%: comfortably above what that capital costs.
- **Return on assets: 18.3%**. Each dollar of assets produces 18.3% of profit.

## Growth
- **Revenue growth (1 yr): 1.1%** (3-yr 2.4%/yr, 5-yr 4.6%/yr). Revenue grew 1.1% over the last year, against 4.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 1.4%** (3-yr 6.7%/yr, 5-yr 7.3%/yr). Earnings per share rose 1.4%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): -3.9%/yr**. Free cash flow has compounded at -3.9% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 1.52**. Debt is 1.52 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 0.9×**. It would take 0.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 11.5×**. Operating profit covers interest 11.5× over, a safe margin.
- **Current ratio: 1.08** (quick 1.06). Current assets cover the next year's liabilities 1.08 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.82%** (2p per share, trailing). Intertek Group plc yields 2.82%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 73%** (53% of free cash flow). 73% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 23**. 23 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 8.6%/yr** (1-yr 25.0%). The dividend has grown 8.6% a year over five years.
- **Shareholder yield: 7.2%**. Dividends plus net buybacks return 7.2% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (12 analysts). 12 analysts cover Intertek Group plc; the consensus is buy, with an average price target of 5897p (+1% 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): 24.7%** (YTD 26.6%, 3-mo 5.1%). The shares are up 24.7% over twelve months including dividends.
- **From 52-week high: -0.2%** (66.2% above the low). Trading within 5% of 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): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 0.89** (volatility 32%). Beta of 0.89 against the FTSE All-Share: the shares move roughly with the market.

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

Not investment advice.