# Kore Potash plc (KP2.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Basic Materials / Metals & Mining. Price 3p, market value 178 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Kore Potash 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 / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -0.8%** (5-yr avg -12.7%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Return on equity: -0.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -0.4%**. Return on all capital, debt included, is -0.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -0.3%**. Each dollar of assets produces -0.3% of profit.

## Growth
- **EPS growth (1 yr): 33.3%**. Earnings per share rose 33.3%.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 14.6×**. It would take 14.6 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: -430.9×**. Operating profit covers interest only -430.9×: fragile.
- **Current ratio: 23.66** (quick 23.66). Current assets cover the next year's liabilities 23.66 times.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Kore Potash plc does not currently pay a dividend, but it returned -9.4% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 12.9%** (YTD 16.7%, 3-mo 16.7%). The shares are up 12.9% over twelve months including dividends.
- **From 52-week high: -16.1%** (27.1% 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): 71**. An RSI of 71 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 0.10** (volatility 46%). Beta of 0.10 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=KP2.L · Page: https://foliofundamentals.com/stocks/kp2.l

Not investment advice.