# RELX PLC PLC (Each representing One) (RELX) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Industrials / Professional Services. Price $39.40, market value $68.4 billion.

## Valuation
- **P/E (trailing): 23.6×** (5-yr avg 37.4×, 3-yr avg 39.3×). RELX PLC PLC (Each representing One) trades at 23.6× trailing earnings, well below its own five-year average of 37.4×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 18.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 2.11**. A PEG of 2.11 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 5.3×**. Each dollar of revenue is priced at 5.3×.
- **Price / book: 166.2×**. The shares trade at 166.2× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 15.4×**. Enterprise value is 15.4× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.5%** (5-yr avg 3.7%). Free cash flow equals 5.5% of the market value, above its five-year average of 3.7%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 4.2%**. The inverse of the P/E: 4.2% of the price is earned each year.

## Profitability
- **Gross margin: 66.3%**. RELX PLC PLC (Each representing One) keeps 66.3% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 31.6%**. 31.6% of revenue is left after running the business, an exceptional level.
- **Net margin: 21.7%**. 21.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 86.9%**. A 86.9% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 24.0%**. Return on all capital, debt included, is 24.0%: comfortably above what that capital costs.
- **Return on assets: 14.1%**. Each dollar of assets produces 14.1% of profit.

## Growth
- **Revenue growth (1 yr): 1.7%** (3-yr 3.9%/yr, 5-yr 6.2%/yr). Revenue grew 1.7% over the last year, against 6.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 8.7%** (3-yr 9.6%/yr, 5-yr 12.2%/yr). Earnings per share rose 8.7%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 6.0%/yr**. Free cash flow has compounded at 6.0% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 3.04**. Debt is 3.04 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 1.9×**. It would take 1.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 10.2×**. Operating profit covers interest 10.2× over, a safe margin.
- **Current ratio: 0.49** (quick 0.49). 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: 4.62**. A Z-score of 4.62 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 2.32%** ($0.91 per share, trailing). RELX PLC PLC (Each representing One) yields 2.32%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 58%** (42% of free cash flow). 58% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 10**. 10 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 6.9%/yr** (1-yr 8.2%). The dividend has grown 6.9% a year over five years.

## Analyst view
- **Analyst consensus: strong_buy** (2 analysts). 2 analysts cover RELX PLC PLC (Each representing One); the consensus is strong_buy, with an average price target of $53.35 (+35% 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): -6.8%** (YTD 2.1%, 3-mo 11.9%). The shares are down 6.8% over twelve months including dividends.
- **From 52-week high: -12.0%** (42.9% above the low). Trading 12% 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): 70**. An RSI of 70 is neutral.
- **Beta (1 yr): 0.19** (volatility 35%). Beta of 0.19 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RELX · Page: https://foliofundamentals.com/stocks/relx

Not investment advice.