# Vesuvius plc (VSVS.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Basic Materials / Metals & Mining. Price 385p, market value 963 millionp.

## Valuation
- **P/E (trailing): 25.7×** (5-yr avg 1209.0×, 3-yr avg 1420.4×). Vesuvius plc trades at 25.7× trailing earnings, well below its own five-year average of 1209.0×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 9.6×, lower than trailing, so analysts expect earnings to grow.
- **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: 0.8×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 3.0×**. Enterprise value is 3.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 11.4%** (5-yr avg 0.1%). Free cash flow equals 11.4% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.9%**. The inverse of the P/E: 3.9% of the price is earned each year.

## Profitability
- **Gross margin: 26.4%**. Vesuvius plc keeps 26.4% of revenue after the direct cost of what it sells.
- **Operating margin: 7.9%**. 7.9% of revenue is left after running the business.
- **Net margin: 2.9%**. 2.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 4.6%**. 4.6% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 12.8%**. Return on all capital, debt included, is 12.8%.
- **Return on assets: 5.8%**. Each dollar of assets produces 5.8% of profit.

## Growth
- **Revenue growth (1 yr): -0.6%** (3-yr -4.0%/yr, 5-yr 4.4%/yr). Revenue fell 0.6% over the last year, against 4.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -36.4%** (3-yr -32.1%/yr, 5-yr 7.0%/yr). Earnings per share fell 36.4%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -31.6%/yr**. Free cash flow has compounded at -31.6% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.57**. Debt is 0.57 times equity, moderate leverage.
- **Net debt / EBITDA: 1.0×**. It would take 1.0 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 5.9×**. Operating profit covers interest 5.9× over, a safe margin.
- **Current ratio: 2.35** (quick 1.64). Current assets cover the next year's liabilities 2.35 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 6.19%** (0p per share, trailing). Vesuvius plc yields 6.19%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 111%** (108% of free cash flow). The dividend exceeds earnings (111% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 49.9%/yr** (1-yr 0.9%). The dividend has compounded at 49.9% a year over five years, doubling roughly every 1 years at that pace.
- **Shareholder yield: 18.2%**. Dividends plus net buybacks return 18.2% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover Vesuvius plc; the consensus is buy, with an average price target of 461p (+20% 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): -0.1%** (YTD -3.9%, 3-mo -15.1%). The shares are down 0.1% over twelve months including dividends.
- **From 52-week high: -24.1%** (10.1% above the low). Trading 24% 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): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 1.26** (volatility 31%). Beta of 1.26 against the FTSE All-Share: the shares move roughly with the market.

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

Not investment advice.