# Phoenix Spree Deutschland Limited (PSDL.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Real Estate. Price 157p, market value 133 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Phoenix Spree Deutschland Limited 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 / sales: 4.7×**. Each dollar of revenue is priced at 4.7×.
- **Price / book: 0.6×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 4.1×**. Enterprise value is 4.1× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 8.7%** (5-yr avg 0.0%). Free cash flow equals 8.7% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 100.0%**. Phoenix Spree Deutschland Limited keeps 100.0% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -40.9%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -123.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: -2.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -5.1%**. Return on all capital, debt included, is -5.1%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -7.7%**. Each dollar of assets produces -7.7% of profit.

## Growth
- **Revenue growth (1 yr): 125.6%** (3-yr -41.5%/yr, 5-yr -26.3%/yr). Revenue grew 125.6% over the last year, against -26.3% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 83.4%**. Earnings per share rose 83.4%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Phoenix Spree Deutschland Limited holds more cash than debt.
- **Interest coverage: -0.5×**. Operating profit covers interest only -0.5×: fragile.
- **Altman Z-score: 0.83**. A Z-score of 0.83 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Phoenix Spree Deutschland Limited does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -4.8%** (YTD -7.3%, 3-mo -6.5%). The shares are down 4.8% over twelve months including dividends.
- **From 52-week high: -13.2%** (1.4% above the low). Trading 13% 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): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): 0.15** (volatility 19%). Beta of 0.15 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.