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Frasers Group Plc FRAS.L

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

Frasers Group Plc statistics & valuation

Market cap£3.4B
P / E9.2×
P / S0.6×
P / B1.4×
Net margin7.0%
Return on equity15.5%
FCF margin-1.3%
Net debt£2.1B
Enterprise value USD$7.4B
Earnings yield EBIT/EV6.9%
Return on capital7.8%
Graham number -98.7%£10.51

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 (£10.51); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
8.80% 7.20% 6.00% 7.00% 2023202420252026
Gross margin (%)
42.90% 45.30% 46.80% 48.40% 2023202420252026
Operating margin (%)
8.00% 9.70% 10.90% 7.30% 2023202420252026
Return on equity (%)
30.20% 20.60% 14.90% 15.50% 2023202420252026
Shares outstanding
428.0M 428.0M 428.0M 428.0M 2023202420252026
Net debt (£)
£1.10B £1.09B £1.61B £2.14B 2023202420252026
Share buybacks (£)
£155.3M £126.4M £0 £18.1M 2023202420252026
Return on assets (%)
11.40% 8.50% 5.70% 5.80% 2023202420252026
Free cash flow margin (%)
1.30% 7.80% 10.80% -1.30% 2023202420252026
Debt / equity (×)
0.88× 0.79× 0.95× 1.04× 2023202420252026
EPS (£)
£1.07 £0.87 £0.68 £0.87 2023202420252026

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

Frasers Group Plc trades at about 928.5× earnings — near its 10-year norm (10-year range 629.1×–1084.4×, median 1015.6×).

629.1× 1084.4×

Shaded band = 10-year range (629.1×–1084.4×); dot = today's 928.5×.

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)

RatioFY2026FY2025FY2024FY2023
Gross margin48.4%46.8%45.3%42.9%
Operating margin7.3%10.9%9.7%8.0%
Net margin7.0%6.0%7.2%8.8%
FCF margin-1.3%10.8%7.8%1.3%
Return on assets5.8%5.7%8.5%11.4%
Return on equity15.5%14.9%20.6%30.2%
Debt / equity0.68×0.57×0.44×0.46×
Current ratio1.801.902.572.55

Computed from company filings · GB · as of 2025-04-30. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.