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M&G plc MNG.L

GB · London Stock Exchange · XLON · stock · Financial Services · website

M&G plc statistics & valuation

P / E28.2×
P / S0.4×
P / B2.7×
P / FCF10.9×
Net margin1.4%
FCF margin3.6%
Net debt£2.0B
Enterprise value USD$14.2B
Graham number -99.5%£1.90

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 (£1.90); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
2.10% -2.50% 1.40% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
-48.50% 7.30% -11.00% 9.60% 2022202320242025
Shares outstanding
2.41B 2.41B 2.41B 2.41B 2022202320242025
Net debt (£)
£3.07B £2.89B £2.07B £2.01B 2022202320242025
Share buybacks (£)
£503.0M £0 2022202320242025
Return on assets (%)
-1.10% 0.20% -0.20% 0.20% 2022202320242025
Free cash flow margin (%)
8.80% 2.70% 3.60% 2022202320242025
Debt / equity (×)
1.87× 1.99× 2.11× 2.20× 2022202320242025
EPS (£)
-£0.66 £0.12 -£0.15 £0.12 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
Net margin1.4%-2.5%2.1%19.2%
FCF margin3.6%2.7%8.8%10.0%
Return on assets0.2%-0.2%0.2%-1.1%
Return on equity9.6%-11.0%7.3%-48.5%
Debt / equity2.08×1.98×1.89×1.77×

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