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Derwent London Plc DLN.L

GB · London Stock Exchange · XLON · stock · Real Estate · website

Derwent London Plc statistics & valuation

Market cap£2.3B
P / E14.4×
P / S6.0×
P / B0.6×
P / FCF33.6×
Dividend yield3.92%
Net margin41.4%
Return on equity4.5%
FCF margin17.7%
Net debt£1.5B
Enterprise value USD$5.1B
Earnings yield EBIT/EV4.3%
Return on capital3.3%
Graham number -98.4%£32.51

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 (£32.51); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-112.50% -179.10% 41.70% 41.40% 2022202320242025
Gross margin (%)
77.70% 72.70% 71.60% 51.80% 2022202320242025
Operating margin (%)
63.10% 58.00% 56.80% 41.80% 2022202320242025
Return on equity (%)
-6.90% -13.60% 3.30% 4.50% 2022202320242025
Shares outstanding
110.5M 110.5M 110.5M 110.5M 2022202320242025
Net debt (£)
£1.26B £1.36B £1.48B £1.45B 2022202320242025
Share buybacks (£)
2022202320242025
Return on assets (%)
-5.10% -9.50% 2.20% 3.00% 2022202320242025
Free cash flow margin (%)
-4.50% -20.80% -27.70% 17.70% 2022202320242025
Debt / equity (×)
0.32× 0.39× 0.42× 0.42× 2022202320242025
EPS (£)
-£2.50 -£4.24 £1.03 £1.44 2022202320242025

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

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin51.8%71.6%72.7%77.7%
Operating margin41.8%56.8%58.0%63.1%
Net margin41.4%41.7%-179.1%-112.5%
FCF margin17.7%-27.7%-20.8%-4.5%
Return on assets3.0%2.2%-9.5%-5.1%
Return on equity4.5%3.3%-13.6%-6.9%
Debt / equity0.35×0.36×0.35×0.30×
Current ratio0.530.710.740.95

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