Stocktoria

Bunzl plc BNZL.L

GB · London Stock Exchange · XLON · stock · Consumer Defensive · website

Bunzl plc statistics & valuation

Market cap£8.8B
P / E19.2×
P / S0.7×
P / B3.2×
P / FCF10.5×
Dividend yield2.75%
Net margin3.9%
Return on equity16.5%
FCF margin7.1%
Net debt£2.4B
Enterprise value USD$15.1B
Earnings yield EBIT/EV6.8%
Return on capital13.3%
Graham number -99.4%£16.59

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (£16.59); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
3.90% 4.50% 4.20% 3.90% 2022202320242025
Gross margin (%)
25.10% 27.00% 28.80% 28.90% 2022202320242025
Operating margin (%)
6.30% 6.80% 7.00% 6.40% 2022202320242025
Return on equity (%)
17.40% 17.70% 18.00% 16.50% 2022202320242025
Shares outstanding
321.1M 321.1M 321.1M 321.1M 2022202320242025
Net debt (£)
£1.63B £1.66B £2.29B £2.36B 2022202320242025
Share buybacks (£)
£0 £247.9M £204.8M 2022202320242025
Return on assets (%)
5.50% 6.00% 5.30% 5.40% 2022202320242025
Free cash flow margin (%)
7.50% 7.20% 7.30% 7.10% 2022202320242025
Debt / equity (×)
1.15× 1.04× 1.34× 1.04× 2022202320242025
EPS (£)
£1.41 £1.56 £1.49 £1.41 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Bunzl plc trades at about 1948.9× earnings — near its 10-year norm (10-year range 1453.5×–2318.8×, median 2110.9×).

1453.5× 2318.8×

Shaded band = 10-year range (1453.5×–2318.8×); dot = today's 1948.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin28.9%28.8%27.0%25.1%
Operating margin6.4%7.0%6.8%6.3%
Net margin3.9%4.2%4.5%3.9%
FCF margin7.1%7.3%7.2%7.5%
Return on assets5.4%5.3%6.0%5.5%
Return on equity16.5%18.0%17.7%17.4%
Debt / equity0.62×0.49×0.48×0.58×
Current ratio1.391.181.401.40

Computed from company filings · GB · as of 2025-12-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.