# Vp plc (VP.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials / Commercial Services & Supplies. Price 484p, market value 191 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Vp plc 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: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 2.3×**. Enterprise value is 2.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 5.3%** (5-yr avg 0.0%). Free cash flow equals 5.3% 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: 23.6%**. Vp plc keeps 23.6% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 6.1%**. 6.1% of revenue is left after running the business.
- **Net margin: -1.5%**. The company reported a net loss over the last twelve months.
- **Return on equity: -4.1%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 8.1%**. Return on all capital, debt included, is 8.1%.
- **Return on assets: 2.0%**. Each dollar of assets produces 2.0% of profit.

## Growth
- **Revenue growth (1 yr): -5.7%** (3-yr -1.2%/yr, 5-yr 3.1%/yr). Revenue fell 5.7% over the last year, against 3.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -138.9%**. Earnings per share fell 138.9%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -20.6%/yr**. Free cash flow has compounded at -20.6% a year over three years.

## Financial health
- **Debt to equity: 1.78**. Debt is 1.78 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 1.2×**. It would take 1.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 2.2×**. Operating profit covers interest 2.2×, thin but manageable.
- **Current ratio: 0.65** (quick 0.61). 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: 1.57**. A Z-score of 1.57 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 8.30%** (0p per share, trailing). Vp plc yields 8.30%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 12.4%/yr** (1-yr 1.3%). The dividend has compounded at 12.4% a year over five years, doubling roughly every 6 years at that pace.
- **Shareholder yield: 8.3%**. Dividends plus net buybacks return 8.3% of the market value a year.

## Analyst view
- **Analyst consensus: strong_buy** (4 analysts). 4 analysts cover Vp plc; the consensus is strong_buy, with an average price target of 667p (+38% 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): -23.2%** (YTD -11.6%, 3-mo 5.1%). The shares are down 23.2% over twelve months including dividends.
- **From 52-week high: -21.9%** (15.2% above the low). Trading 22% 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): 0.29** (volatility 43%). Beta of 0.29 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.