# Mha PLC Ord 1p (MHA.L) fundamentals

Data as of 2026-11-04. LSE, United Kingdom. Sector: Industrials / Professional Services. Price 143p, market value 407 millionp.

## Valuation
- **P/E (trailing): 13.0×** (5-yr avg 1161.8×, 3-yr avg 1161.8×). Mha PLC Ord 1p trades at 13.0× trailing earnings, well below its own five-year average of 1161.8×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 10.9×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.6×**. Each dollar of revenue is priced at 1.6×.
- **Price / book: 6.7×**. The shares trade at 6.7× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 9.1×**. Enterprise value is 9.1× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 17.6%** (5-yr avg 0.2%). Free cash flow equals 17.6% of the market value, above its five-year average of 0.2%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 7.7%**. The inverse of the P/E: 7.7% of the price is earned each year.

## Profitability
- **Gross margin: 95.6%**. Mha PLC Ord 1p keeps 95.6% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 15.6%**. 15.6% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 11.2%**. 11.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 51.3%**. A 51.3% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 61.8%**. Return on all capital, debt included, is 61.8%: comfortably above what that capital costs.
- **Return on assets: 16.8%**. Each dollar of assets produces 16.8% of profit.

## Growth
- **Revenue growth (1 yr): 63.2%** (3-yr 40.4%/yr). Revenue grew 63.2% over the last year.
- **EPS growth (1 yr): -44.4%**. Earnings per share fell 44.4%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 29.5%/yr**. Free cash flow has compounded at 29.5% a year over three years.

## Financial health
- **Debt to equity: 0.42**. Debt is 0.42 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Mha PLC Ord 1p holds more cash than debt.
- **Interest coverage: 24.6×**. Operating profit covers interest 24.6× over, a safe margin.
- **Current ratio: 1.29** (quick 1.29). Current assets cover the next year's liabilities 1.29 times.
- **Altman Z-score: 5.10**. A Z-score of 5.10 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 6.22%** (0p per share, trailing). Mha PLC Ord 1p yields 6.22%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 9%** (4% of free cash flow). 9% of earnings goes out as dividends, leaving room to keep raising it.
- **Shareholder yield: -18.2%**. Dividends plus net buybacks return -18.2% of the market value a year.

## Price and momentum
- **Total return (1 yr): -9.4%** (YTD -9.4%, 3-mo 1.1%). The shares are down 9.4% over twelve months including dividends.
- **From 52-week high: -18.5%** (20.9% above the low). Trading 18% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 0.26** (volatility 26%). Beta of 0.26 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.