# Old Mutual Limited (OMU.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services / Insurance. Price 60p, market value 2.4 billionp.

## Valuation
- **P/E (trailing): 6.7×** (5-yr avg 37.4×, 3-yr avg 33.8×). Old Mutual Limited trades at 6.7× trailing earnings, well below its own five-year average of 37.4×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 6.5×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.55**. A PEG of 0.55 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **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: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 1.6×**. Enterprise value is 1.6× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 35.6%** (5-yr avg -1.1%). Free cash flow equals 35.6% of the market value, above its five-year average of -1.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 15.0%**. The inverse of the P/E: 15.0% of the price is earned each year.

## Profitability
- **Gross margin: 128.2%**. Old Mutual Limited keeps 128.2% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 59.0%**. 59.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 3.1%**. 3.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 13.9%**. 13.9% on shareholders' equity is solid.
- **Return on invested capital: 111.7%**. Return on all capital, debt included, is 111.7%: comfortably above what that capital costs.
- **Return on assets: 1.2%**. Each dollar of assets produces 1.2% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 161.4%** (3-yr 49.1%/yr, 5-yr 14.7%/yr). Revenue grew 161.4% over the last year, against 14.7% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 11.8%** (3-yr 18.9%/yr). Earnings per share rose 11.8%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: 1.8 billionp**. 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: 6.81%** (0p per share, trailing). Old Mutual Limited yields 6.81%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 45%** (39% of free cash flow). 45% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): 0.3%/yr** (1-yr 7.0%). The dividend has grown 0.3% a year over five years.
- **Shareholder yield: 11.7%**. Dividends plus net buybacks return 11.7% of the market value a year.

## Price and momentum
- **Total return (1 yr): 7.6%** (YTD -11.6%, 3-mo -0.7%). The shares are up 7.6% over twelve months including dividends.
- **From 52-week high: -23.6%** (9.9% above the low). Trading 24% 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): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 1.07** (volatility 36%). Beta of 1.07 against the FTSE All-Share: the shares move roughly with the market.

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

Not investment advice.