# Trustpilot Group plc (TRST.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Technology / Software. Price 278p, market value 1.1 billionp.

## Valuation
- **P/E (trailing): 277.6×**. Trustpilot Group plc trades at 277.6× trailing earnings. The Technology median in the September 2026 study was 32.1×. Forward P/E is 36.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.18**. A PEG of 1.18 is in the range usually read as fairly priced for its growth.
- **Price / sales: 3.1×**. Each dollar of revenue is priced at 3.1×.
- **EV / EBITDA: 31.0×**. Enterprise value is 31.0× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 5.4%** (5-yr avg 0.0%). Free cash flow equals 5.4% 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.
- **Earnings yield: 0.4%**. The inverse of the P/E: 0.4% of the price is earned each year.

## Profitability
- **Gross margin: 80.7%**. Trustpilot Group plc keeps 80.7% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 4.0%**. 4.0% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 3.0%**. 3.0% of each dollar of sales reaches the bottom line.
- **Return on equity: -117.7%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -38.3%**. Return on all capital, debt included, is -38.3%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 11.0%**. Each dollar of assets produces 11.0% of profit.

## Growth
- **Revenue growth (1 yr): 26.5%** (3-yr 21.4%/yr, 5-yr 21.2%/yr). Revenue grew 26.5% over the last year, against 21.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 30.7%**. Earnings per share rose 30.7%, roughly in step with revenue.

## Financial health
- **Net debt / EBITDA: net cash**. Trustpilot Group plc holds more cash than debt.
- **Interest coverage: 5.5×**. Operating profit covers interest 5.5× over, a safe margin.
- **Current ratio: 0.57** (quick 0.57). 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: 6.67**. A Z-score of 6.67 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: none**. Trustpilot Group plc does not currently pay a dividend, but it returned 7.5% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 42.2%** (YTD 71.8%, 3-mo 11.2%). The shares are up 42.2% over twelve months including dividends.
- **From 52-week high: -7.4%** (121.4% above the low). Trading 7% 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): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): 0.42** (volatility 71%). Beta of 0.42 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.
