# Seplat Petroleum Development Company Plc (SEPL.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Energy / Oil, Gas & Consumable Fuels. Price 742p, market value 4.5 billionp.

## Valuation
- **P/E (trailing): 20.1×** (5-yr avg 722.5×, 3-yr avg 894.8×). Seplat Petroleum Development Company Plc trades at 20.1× trailing earnings, well below its own five-year average of 722.5×: cheap by its own standards. The Energy median in the September 2026 study was 16.8×. Forward P/E is 19.5×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 5.06**. A PEG of 5.06 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 1.9×**. Each dollar of revenue is priced at 1.9×.
- **Price / book: 3.3×**. The shares trade at 3.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.2×**. Enterprise value is 4.2× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 20.5%** (5-yr avg 0.4%). Free cash flow equals 20.5% of the market value, above its five-year average of 0.4%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 5.0%**. The inverse of the P/E: 5.0% of the price is earned each year.

## Profitability
- **Gross margin: 37.8%**. Seplat Petroleum Development Company Plc keeps 37.8% of revenue after the direct cost of what it sells.
- **Operating margin: 29.2%**. 29.2% of revenue is left after running the business, an exceptional level.
- **Net margin: 5.9%**. 5.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.9%**. 8.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 18.9%**. Return on all capital, debt included, is 18.9%: comfortably above what that capital costs.
- **Return on assets: 4.9%**. Each dollar of assets produces 4.9% of profit.

## Growth
- **Revenue growth (1 yr): 149.3%** (3-yr 43.0%/yr, 5-yr 39.3%/yr). Revenue grew 149.3% over the last year, against 39.3% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 3.8%** (3-yr 14.5%/yr). Earnings per share rose 3.8%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 36.4%/yr**. Free cash flow has compounded at 36.4% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.59**. Debt is 0.59 times equity, moderate leverage.
- **Net debt / EBITDA: 0.4×**. It would take 0.4 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 6.0×**. Operating profit covers interest 6.0× over, a safe margin.
- **Current ratio: 1.09** (quick 0.81). Current assets cover the next year's liabilities 1.09 times.
- **Altman Z-score: 1.86**. A Z-score of 1.86 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.01%** (0p per share, trailing). Seplat Petroleum Development Company Plc yields 2.01%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 88%**. 88% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): 12.2%/yr** (1-yr 51.3%). The dividend has compounded at 12.2% a year over five years, doubling roughly every 6 years at that pace.
- **Shareholder yield: 3.8%**. Dividends plus net buybacks return 3.8% of the market value a year.

## Analyst view
- **Analyst consensus: strong_buy** (4 analysts). 4 analysts cover Seplat Petroleum Development Company Plc; the consensus is strong_buy, with an average price target of 657p (-11% 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): 191.7%** (YTD 159.2%, 3-mo 29.6%). The shares are up 191.7% over twelve months including dividends.
- **From 52-week high: -1.3%** (211.8% above the low). Trading within 5% of 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): 80**. An RSI of 80 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): -0.09** (volatility 37%). Beta of -0.09 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.