CompanyGraph
What stands out
- Pays more per share than it earned over the last twelve months
At a glance
- Depends onUpstream position: supplies 5 industries, depends on 2
- ScaleLevered free cash flow is -$454.05M, lower than 95% of all stocks globally
- FinancialsAltman Z-Score 0.61: distress zone
- Interpretations2 currently firing — 2
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Sign inWhat the company actually pays, and whether its own cash supports it.
What stands out
- Pays more per share than it earned over the last twelve months
Dividends view
Yield
8.75%Above 5Y avg (5.60%)
Annual Rate
GBP 0.40Paid semi-annual
Payout Ratio
148.6%High
Payback Period
11.4 yr
Last Ex-Dividend
Jul 23, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
2.20BGBP2.92B · vs all stocks (USD)
Trailing P/E
24.09xRevenue (TTM)
1.29BGBP1.71B · vs all stocks (USD)
Profit Margin
7.09%Beta
0.5680xvs all stocks
52-Week Change
0.04%vs all stocks
Forward Annual Dividend Yield
8.75%vs all stocks
Market Capitalization
2.20BGBP2.92B · vs all stocks (USD)
Enterprise Value
6.74BGBP8.94B · vs all stocks (USD)
Trailing P/E
24.09xForward P/E
13.72xPrice to Sales (TTM)
1.67xPrice to Book (MRQ)
1.53xEnterprise to Revenue
5.22xEnterprise to EBITDA
13.34xProfit Margin
7.09%Operating Margin
25.05%Return on Assets (TTM)
2.74%Return on Equity (TTM)
6.47%Revenue (TTM)
1.29BGBP1.71B · vs all stocks (USD)
Revenue per Share (TTM)
2.73GBPUpdated Sep 23, 2026Quarterly Revenue Growth
21.70%Gross Profit (TTM)
1.25BGBP1.66B · vs all stocks (USD)
EBITDA (TTM)
550.80MGBP730.77M · vs all stocks (USD)
Net Income (TTM)
91.50MGBP121.40M · vs all stocks (USD)
Operating Cash Flow (TTM)
358.70MGBP475.91M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-342.22MGBP-454.05M · vs all stocks (USD)
Forward Annual Dividend Rate
0.4006GBPUpdated Sep 23, 2026Forward Annual Dividend Yield
8.75%vs all stocks
Trailing Annual Dividend Rate
0.2929GBPUpdated Sep 23, 2026Trailing Annual Dividend Yield
6.40%vs all stocks
5-Year Average Dividend Yield
5.60%vs all stocks
Payout Ratio
148.65%Minority Interest (Equity)
3.60MGBPFY2026 · Mar 31, 2026Revenue
1.29BGBPFY2026 · Mar 31, 2026Cost of Goods Sold
40.00MGBPFY2026 · Mar 31, 2026Gross Profit
1.25BGBPFY2026 · Mar 31, 2026Operating Income
345.70MGBP458.66M · vs all stocks (USD)
Pre-tax Income
114.40MGBPFY2026 · Mar 31, 2026Income Tax Expense
21.80MGBPFY2026 · Mar 31, 2026Net Income
92.60MGBPFY2026 · Mar 31, 2026EBIT
319.90MGBPFY2026 · Mar 31, 2026EBITDA (Income Statement)
550.80MGBPFY2026 · Mar 31, 2026Other Operating Expenses
581.40MGBPFY2026 · Mar 31, 2026Non-operating Interest Income
19.60MGBPFY2026 · Mar 31, 2026Non-operating Interest Expense
205.50MGBPFY2026 · Mar 31, 2026EPS (Basic)
0.1940GBPFY2026 · Mar 31, 2026EPS (Diluted)
0.1930GBPFY2026 · Mar 31, 2026Basic Shares Outstanding
471.80MSharesFY2026 · Mar 31, 2026Diluted Shares Outstanding
471.80MSharesFY2026 · Mar 31, 2026Net Income from Continuing Operations
92.60MGBPFY2026 · Mar 31, 2026Minority Interests (P&L)
-1.10MGBPFY2026 · Mar 31, 2026Preferred Stock Dividends
0.00GBPFY2026 · Mar 31, 2026Operating Cash Flow
227.30MGBPFY2026 · Mar 31, 2026Free Cash Flow
-397.40MGBPFY2026 · Mar 31, 2026Cash & Cash Equivalents (End of Period)
332.70MGBPFY2026 · Mar 31, 2026Starting Profit (CF Statement)
92.60MGBPFY2026 · Mar 31, 2026Stock-based Compensation
2.60MGBPFY2026 · Mar 31, 2026Other Non-cash Items
193.70MGBPFY2026 · Mar 31, 2026Change in Accounts Receivable (CF)
-59.10MGBPFY2026 · Mar 31, 2026Change in Other Assets/Liabilities
-2.50MGBPFY2026 · Mar 31, 2026Capital Expenditures
-624.70MGBPFY2026 · Mar 31, 2026Net Intangibles (CF)
-8.10MGBPFY2026 · Mar 31, 2026Other Investing Activity
2.60MGBPFY2026 · Mar 31, 2026Net Investing Cash Flow
-622.10MGBPFY2026 · Mar 31, 2026Long-term Debt Issuance
569.90MGBPFY2026 · Mar 31, 2026Long-term Debt Payments
-305.70MGBPFY2026 · Mar 31, 2026Common Dividends Paid
-133.70MGBPFY2026 · Mar 31, 2026Other Financing Charges
1.70MGBPFY2026 · Mar 31, 2026Net Financing Cash Flow
129.80MGBPFY2026 · Mar 31, 2026Shares Outstanding
471.73MSharesUpdated Sep 23, 2026Float Shares
470.22MSharesUpdated Sep 23, 2026% Held by Insiders
3.57%vs all stocks
% Held by Institutions
87.83%vs all stocks
Total Cash (MRQ)
333.30MGBP442.21M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.7070GBPUpdated Sep 23, 2026Total Debt (MRQ)
4.90BGBP6.50B · vs all stocks (USD)
Total Debt to Equity (MRQ)
3.47xCurrent Ratio (MRQ)
1.51xBook Value per Share (MRQ)
2.98GBPUpdated Sep 23, 2026Total Assets
7.48BGBP9.92B · vs all stocks (USD)
Total Current Assets
877.00MGBPFY2026 · Mar 31, 2026Total Liabilities
6.07BGBPFY2026 · Mar 31, 2026Total Non-current Assets
6.60BGBPFY2026 · Mar 31, 2026Total Non-current Liabilities
5.49BGBPFY2026 · Mar 31, 2026Total Current Liabilities
580.20MGBPFY2026 · Mar 31, 2026Cash
103.80MGBPFY2026 · Mar 31, 2026Cash Equivalents
228.90MGBPFY2026 · Mar 31, 2026Cash & Cash Equivalents
332.70MGBPFY2026 · Mar 31, 2026Other Short-term Investments
600.00KGBPFY2026 · Mar 31, 2026Accounts Receivable
336.30MGBPFY2026 · Mar 31, 2026Inventory
15.30MGBPFY2026 · Mar 31, 2026Accounts Payable
218.90MGBPFY2026 · Mar 31, 2026Short-term Debt
151.20MGBPFY2026 · Mar 31, 2026Long-term Debt
4.73BGBPFY2026 · Mar 31, 2026Common Stock (Book)
288.10MGBPFY2026 · Mar 31, 2026Retained Earnings
184.20MGBPFY2026 · Mar 31, 2026Total Shareholders' Equity
1.41BGBP1.87B · vs all stocks (USD)
52-Week Low
439.25GBXUpdated Sep 23, 202652-Week High
605.00GBXUpdated Sep 23, 202652-Week Change
0.04%vs all stocks
Beta
0.5680xvs all stocks
50-Day MA
466.03GBXUpdated Sep 23, 2026200-Day MA
514.02GBXUpdated Sep 23, 2026Avg 10-Day Volume
2.35MSharesUpdated Sep 23, 2026Avg 30-Day Volume
1.68MSharesUpdated Sep 23, 2026Diluted EPS (TTM)
0.1900GBPUpdated Sep 23, 20262 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsWhere is this company structurally exposed?
Within or Near the Altman Distress Zone
Debt is a large share of its assets, and large against its cash flow.
Reads
Sharp Decline With Volume And Volatility Expansion
A steep fall on heavy volume, leaving the price far below its peak.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Pays more per share than it earned over the last twelve monthsSignificant
Payout Ratio: 1.49Dividend per Share: 0.29Earnings per Share: 0.19
Looks liquid, but the distress score says otherwiseNotable
Current Ratio: 1.51Altman Z-Score: 0.61
Financial Health
Altman Z-Score 0.61: distress zoneCritical
Altman Z-Score: 0.61
High earnings qualityNotable
Earnings Quality Score: 0.59
Supply Chain
Upstream position: supplies 5 industries, depends on 2Notable
Outgoing: 5.00Incoming: 2.00
Scale
Levered free cash flow is -$454.05M, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -454,047,008.136Global P5: -208,569,634.4
Market cap is $2.92B, above the global median of $1.15BNotable
Market cap (USD): 2,923,107,853.014Global Median: 1,150,342,212.262
Revenue is $1.71B, above the global median of $559.35MNotable
Revenue (USD): 1,712,038,200Global Median: 559,350,010.583
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