# PageGroup plc (PAGE.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials / Professional Services. Price 206p, market value 640 millionp.

## Valuation
- **P/E (trailing): 51.4×** (5-yr avg 3350.6×, 3-yr avg 4666.6×). PageGroup plc trades at 51.4× trailing earnings, well below its own five-year average of 3350.6×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 21.5×, 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: 3.0×**. The shares trade at 3.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 3.8×**. Enterprise value is 3.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 23.5%** (5-yr avg 0.1%). Free cash flow equals 23.5% 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: 1.9%**. The inverse of the P/E: 1.9% of the price is earned each year.

## Profitability
- **Gross margin: 48.3%**. PageGroup plc keeps 48.3% of revenue after the direct cost of what it sells.
- **Operating margin: 2.2%**. 2.2% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 0.6%**. 0.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 4.2%**. 4.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 13.3%**. Return on all capital, debt included, is 13.3%.
- **Return on assets: 6.5%**. Each dollar of assets produces 6.5% of profit.

## Growth
- **Revenue growth (1 yr): -8.2%** (3-yr -7.1%/yr, 5-yr 4.1%/yr). Revenue fell 8.2% over the last year, against 4.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -68.1%** (3-yr -59.7%/yr). Earnings per share fell 68.1%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -36.0%/yr**. Free cash flow has compounded at -36.0% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.62**. Debt is 0.62 times equity, moderate leverage.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 6.3×**. Operating profit covers interest 6.3× over, a safe margin.
- **Current ratio: 1.47** (quick 1.47). Current assets cover the next year's liabilities 1.47 times.
- **Altman Z-score: 4.73**. A Z-score of 4.73 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.25%** (0p per share, trailing). PageGroup plc yields 2.25%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 594%** (70% of free cash flow). The dividend exceeds earnings (594% payout), though free cash flow still covers it.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Shareholder yield: 5.6%**. Dividends plus net buybacks return 5.6% of the market value a year.

## Price and momentum
- **Total return (1 yr): -6.6%** (YTD -9.0%, 3-mo 72.6%). The shares are down 6.6% over twelve months including dividends.
- **From 52-week high: -20.9%** (103.1% above the low). Trading 21% 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): 61**. An RSI of 61 is neutral.
- **Beta (1 yr): 0.81** (volatility 44%). Beta of 0.81 against the FTSE All-Share: the shares move roughly with the market.

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

Not investment advice.
