# Mitie Group plc (MTO.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials / Professional Services. Price 210p, market value 2.6 billionp.

## Valuation
- **P/E (trailing): 34.9×** (5-yr avg 1800.6×, 3-yr avg 1809.6×). Mitie Group plc trades at 34.9× trailing earnings, well below its own five-year average of 1800.6×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 12.6×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.2×**. Each dollar of revenue is priced at 0.2×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 5.2×**. The shares trade at 5.2× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 5.2×**. Enterprise value is 5.2× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 15.8%** (5-yr avg 0.1%). Free cash flow equals 15.8% 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: 2.9%**. The inverse of the P/E: 2.9% of the price is earned each year.

## Profitability
- **Gross margin: 10.8%**. Mitie Group plc keeps 10.8% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 3.3%**. 3.3% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 1.5%**. 1.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.1%**. 16.1% on shareholders' equity is solid.
- **Return on invested capital: 27.5%**. Return on all capital, debt included, is 27.5%: comfortably above what that capital costs.
- **Return on assets: 7.2%**. Each dollar of assets produces 7.2% of profit.

## Growth
- **Revenue growth (1 yr): 10.5%** (3-yr 12.5%/yr, 5-yr 17.6%/yr). Revenue grew 10.5% over the last year, against 17.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -19.0%** (3-yr -0.1%/yr). Earnings per share fell 19.0%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 46.2%/yr**. Free cash flow has compounded at 46.2% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 1.08**. Debt is 1.08 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 0.7×**. It would take 0.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 7.1×**. Operating profit covers interest 7.1× over, a safe margin.
- **Current ratio: 0.89** (quick 0.87). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 3.43**. A Z-score of 3.43 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 2.14%** (0p per share, trailing). Mitie Group plc yields 2.14%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 66%** (26% of free cash flow). 66% of earnings goes out as dividends, leaving room to keep raising it.
- **Shareholder yield: 9.9%**. Dividends plus net buybacks return 9.9% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (8 analysts). 8 analysts cover Mitie Group plc; the consensus is buy, with an average price target of 203p (-3% 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): 50.5%** (YTD 26.1%, 3-mo 28.4%). The shares are up 50.5% over twelve months including dividends.
- **From 52-week high: -2.0%** (55.5% 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): 74**. An RSI of 74 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 0.93** (volatility 46%). Beta of 0.93 against the FTSE All-Share: the shares move roughly with the market.

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

Not investment advice.