# Persimmon Plc (PSN.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials / Construction & Engineering. Price 1128p, market value 3.6 billionp.

## Valuation
- **P/E (trailing): 12.0×** (5-yr avg 1315.0×, 3-yr avg 1573.2×). Persimmon Plc trades at 12.0× trailing earnings, well below its own five-year average of 1315.0×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 11.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.84**. A PEG of 1.84 is in the range usually read as fairly priced for its growth.
- **Price / sales: 0.5×**. Each dollar of revenue is priced at 0.5×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.0×**. The shares trade at 1.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.3×**. Enterprise value is 4.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 1.1%** (5-yr avg 0.0%). Free cash flow equals 1.1% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 8.3%**. The inverse of the P/E: 8.3% of the price is earned each year.

## Profitability
- **Gross margin: 16.0%**. Persimmon Plc keeps 16.0% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 11.4%**. 11.4% of revenue is left after running the business.
- **Net margin: 7.6%**. 7.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.9%**. 7.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 16.5%**. Return on all capital, debt included, is 16.5%: comfortably above what that capital costs.
- **Return on assets: 10.4%**. Each dollar of assets produces 10.4% of profit.

## Growth
- **Revenue growth (1 yr): 17.2%** (3-yr -0.6%/yr, 5-yr 2.4%/yr). Revenue grew 17.2% over the last year, against 2.4% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 6.0%** (3-yr -20.3%/yr, 5-yr -15.1%/yr). Earnings per share rose 6.0%, 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**. Persimmon Plc holds more cash than debt.
- **Interest coverage: 17.7×**. Operating profit covers interest 17.7× over, a safe margin.
- **Current ratio: 3.99** (quick 0.31). Current assets cover the next year's liabilities 3.99 times.
- **Altman Z-score: 4.01**. A Z-score of 4.01 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.31%** (1p per share, trailing). Persimmon Plc yields 5.31%, an income-level yield.
- **Payout ratio: 67%** (967% of free cash flow). 67% 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): -11.4%/yr** (1-yr 0.0%). The dividend has not grown over five years.
- **Shareholder yield: 5.3%**. Dividends plus net buybacks return 5.3% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (19 analysts). 19 analysts cover Persimmon Plc; the consensus is buy, with an average price target of 1334p (+18% 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): 3.7%** (YTD -16.0%, 3-mo 8.8%). The shares are up 3.7% over twelve months including dividends.
- **From 52-week high: -27.4%** (19.0% above the low). Trading 27% 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): 48**. An RSI of 48 is neutral.
- **Beta (1 yr): 1.48** (volatility 33%). Beta of 1.48 against the FTSE All-Share: the shares move much more than the market.

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

Not investment advice.