olivLaw · European equity research
MONY Group PLC MONY.L
United Kingdom · London Stock Exchange · ISIN GB00B1ZBKY84 · Vertical: Listed companies from United Kingdom
MONY Group PLC runs a two-sided online marketplace that connects consumers with providers of financial and utility products through brands such as MoneySuperMarket, Quidco and SuperSaveClub. Its relevance now rests on growing a loyal member base and on integrating artificial intelligence into its distribution channels.
At the close of 05 Nov 2026, MONY Group PLC (MONY.L) stock was 2.15 GBP (−1.20% on the day), with market capitalisation 1.1 bn GBP, P/E 14.1 on diluted EPS of 0.15 GBP over the last 12 months, dividend yield 4.33%, beta 0.47, 52-week range 1.45–2.17 GBP.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 70.2
- overbought (≥ 70)
- Bollinger (20, 2)
- 1.85 – 2.15
- above the upper band · %B 1.00 · band width 14.6%
- SMA 50 / 200
- 1.93 / 1.82
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.06 / 0.04
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | +22.7% | −0.6% | +23.3 pp | — |
| 3 months | +6.8% | −4.2% | +10.9 pp | — |
| 6 months | +21.6% | +4.3% | +17.3 pp | — |
| Year to date | +16.8% | +7.5% | +9.2 pp | — |
| 1 year | +9.3% | +9.9% | −0.7 pp | +5.8% |
| 3 years | −19.3% | +49.8% | −69.2 pp | +26.3% |
| 5 years | −0.3% | +42.8% | −43.1 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 67 percentile of its own 3-quarter history (min 12.1, median 12.9, max 20.8; quarters with earnings only).
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 432.1 m | 439.2 m | 446.3 m |
| Revenue YoY | unavailable | +1.6% | +1.6% |
| Net income | 72.7 m | 80.6 m | 81.2 m |
| Net income YoY | unavailable | +10.9% | +0.7% |
| Diluted EPS | 0.14 | 0.15 | 0.15 |
| Diluted EPS YoY | unavailable | +10.4% | +2.0% |
| net % | 16.8% | 18.4% | 18.2% |
| Free cash flow | 101.7 m | 114.8 m | 106.7 m |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 20.3 m GBP
- Financial debt
- 14.0 m GBP
- Net debt
- -6.3 m GBP
- Equity
- 224.9 m GBP
- Total assets
- 377.8 m GBP
- Debt / equity
- 0.06x
- Current ratio
- 1.18x
- ROE
- 34.6%
- ROA
- 20.8%
- FCF margin
- 23.9%
Financial statements (source on every figure)
Revenue and net income (GBP)
Margins
Income statement · GBP
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 432.1 m | 439.2 m | 446.3 m | esef· 10 Mar 2026verified |
| Cost of revenue | 139.7 m | 148.6 m | 159.1 m | esef· 10 Mar 2026verified |
| Gross profit | 292.4 m | 290.6 m | 287.2 m | esef· 10 Mar 2026verified |
| Operating income | 97.3 m | 113.3 m | 117.4 m | esef· 10 Mar 2026verified |
| Interest expense | 5.3 m | 4.9 m | 3.7 m | esef· 10 Mar 2026verified |
| Pre-tax income | 92.1 m | 108.7 m | 110.5 m | esef· 10 Mar 2026verified |
| Income tax | 19.8 m | 28.5 m | 29.8 m | esef· 10 Mar 2026verified |
| Net income | 72.7 m | 80.6 m | 81.2 m | esef· 10 Mar 2026verified |
| Diluted EPS | 0.14 | 0.15 | 0.15 | esef· 10 Mar 2026verified |
| Dividend per share | 0.09 | 0.09 | 0.09 | esef· 10 Mar 2026verified |
Balance sheet · GBP
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 16.6 m | 22.4 m | 20.3 m | esef· 10 Mar 2026verified |
| Receivables | 79.3 m | 82.6 m | 87.6 m | esef· 10 Mar 2026verified |
| Current assets | 107.3 m | 114.7 m | 117.1 m | esef· 10 Mar 2026verified |
| Property, plant & equipment, net | 32.1 m | 28.3 m | — | esef· 08 Jan 2026verified |
| Total assets | 405.1 m | 402.3 m | 377.8 m | esef· 10 Mar 2026verified |
| Accounts payable | 103.3 m | 104.6 m | 98.1 m | esef· 10 Mar 2026verified |
| Short-term debt | 34.5 m | 12.0 m | — | esef· 08 Jan 2026verified |
| Long-term debt | — | 12.0 m | 14.0 m | esef· 10 Mar 2026verified |
| Current liabilities | 137.8 m | 104.6 m | 99.6 m | esef· 10 Mar 2026verified |
| Total liabilities | 179.0 m | 157.4 m | 152.9 m | esef· 10 Mar 2026verified |
| Equity | 226.1 m | 244.9 m | 224.9 m | esef· 10 Mar 2026verified |
| Shares outstanding at year end | 538.5 m | 537.3 m | 530.7 m | esef· 10 Mar 2026derived |
Cash flow · GBP
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 102.2 m | 115.6 m | 107.7 m | esef· 10 Mar 2026verified |
| Capex | 500.0 k | 800.0 k | 1.0 m | esef· 10 Mar 2026verified |
| Free cash flow | 101.7 m ≈ | 114.8 m ≈ | 106.7 m ≈ | esef· 10 Mar 2026derived |
| Investing cash flow | -20.9 m | -13.8 m | -9.0 m | esef· 10 Mar 2026verified |
| Financing cash flow | -81.3 m | -96.0 m | -100.8 m | esef· 10 Mar 2026verified |
| Dividends paid | 63.4 m | 65.5 m | 66.9 m | esef· 10 Mar 2026verified |
| Share repurchases | 500.0 k | 0 | 30.2 m | esef· 10 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 83 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 1.1 bn GBP
Key indicators
Coverage and freshness
Score by group
- Quality86
- Balance sheet73
- Valuation78
- Returns93
Estimated value range
unavailable — no valuation assumptions for the reporting currency
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
Assumptions (illustrative, editorial)
- Risk-free rate
- 6.5%
- Equity risk premium
- 6.0%
- Beta (default)
- 1.00
- Cost of equity
- 12.5%
- Terminal growth
- 3.0%
Factor scorecard
Neutral profile · Score 83/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 36.9% | 88 (vs peers) | 17% |
| Net margin · Quality | 18.2% | 69 (vs peers) | 10% |
| FCF conversion · Quality | 131.4% | 100 (on a fixed band) | 10% |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 31.7x | 100 (on a fixed band) | 10% |
| Current ratio · Balance sheet | 1.2x | 31 (on a fixed band) | 7% |
| P/E (TTM) · Valuation | 14.1x | 61 (vs peers) | 17% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 9.4% | 100 (on a fixed band) | 13% |
| Shareholder yield (distributions) · Returns | 8.5% | 100 (on a fixed band) | 10% |
| Payout ratio (FCF) · Returns | 62.7% | 82 (on a fixed band) | 7% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet73/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality86/100 · 3/3 factors with a value
- Returns93/100 · 2/2 factors with a value
- Valuation78/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
MONY GROUP PLC (MONY.L). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 446.3 m GBP in 2025; YoY growth 1.6%; net margin 18.2%; ROE 34.8%.
The estimated value range is 1.72–2.57 GBP per share (median of 3 methods, agreement: medium); assumptions are illustrative. Against the central value of 2.19 GBP, the price of 2.15 GBP leaves a potential of 2.2% (value / price − 1) and a margin of safety of 2.1% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 83/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: growth. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROIC: 36.9%
- FCF conversion: 131.4%
- Interest coverage: 31.7x
- FCF yield: 9.4%
- Shareholder yield (distributions): 8.5%
- Payout ratio (FCF): 62.7%
What contradicts it
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
Not assessed (insufficient data or a ratio without meaning): Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA.
Versus the vertical median
Listed companies from United Kingdom · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BATS.LBritish American Tobacco P.L.C. | 104.3 bn | 13.5 | 16.5% | 30.3% | −1.0% | +7% / +88% |
| ABF.LAssociated British Foods PLC | 14.7 bn | 14.3 | 9.2% | 5.3% | −3.1% | −5% / −15% |
| 0EV1.LCarnival PLC | 5.5 bn | 4.1 | 46.7% | 13.4% | +6.4% | unavailable / unavailable |
| BAB.LBabcock International Group PLC | 5.1 bn | 24.7 | 34.7% | 4.1% | +7.2% | −10% / +158% |
| AUTO.LAutotrader Group PLC | 4.8 bn | 16.4 | 60.2% | 47.1% | +3.9% | −13% / −23% |
| BBY.LBalfour Beatty PLC | 4.2 bn | 16.3 | 23.2% | 2.8% | +15.2% | +20% / +160% |
| ABDN.LAberdeen Group PLC | 4.1 bn | 10.8 | 8.0% | 28.9% | −2.1% | +11% / +41% |
| BKG.LThe Berkeley Group Holdings PLC | 3.6 bn | 11.3 | 8.8% | 13.4% | −4.2% | −0% / −22% |
| BME.LB&M European Value Retail PLC | 2.9 bn | 17.4 | 21.2% | 2.8% | +3.7% | +68% / −51% |
| AJB.LAj Bell PLC | 2.4 bn | 22.8 | 49.9% | 33.1% | +18.0% | +8% / +128% |
| ASHM.LAshmore Group PLC | 1.4 bn | 13.9 | 13.1% | 71.6% | −0.1% | +28% / +18% |
| BCG.LBaltic Classifieds Group PLC | 1.2 bn | 23.2 | 15.8% | 57.6% | +6.9% | −99% / −99% |
| MONY.LMony Group PLC | 1.1 bn | 14.1 | 34.8% | 18.2% | +1.6% | +14% / −21% |
| APN.LApplied Nutrition PLC | 763.6 m | 36.2 | 41.2% | 19.7% | +24.2% | +71% / unavailable |
| BAG.LA.G. Barr P.L.C. | 671.9 m | 14.4 | 14.4% | 10.8% | +4.0% | −7% / +26% |
| ASC.LAsos PLC | 494.5 m | — | -81.3% | -12.0% | −14.7% | +71% / +8% |
| ALFA.LAlfa Financial Software Holdings PLC | 486.8 m | 16.3 | 61.5% | 23.8% | +15.3% | −28% / +10% |
| AML.LAston Martin Lagonda Global Holdings PLC | 344.3 m | — | -93.4% | -39.2% | −20.6% | −45% / −85% |
| APTD.LAptitude Software Group PLC | 111.3 m | 28.5 | 7.2% | 6.2% | −7.3% | −30% / −23% |
| AMGO.LAmigo Holdings PLC | 9.9 m | — | — | — | −81.9% | +325% / +844% |
| ASBE.LAssociated British Engineering PLC | 605.3 k | — | -19.1% | — | unavailable | unavailable / unavailable |
| AMIF.LAmicorp Fs (uk) PLC | 221.6 k | 0.1 | 27.5% | 9.1% | +8.1% | unavailable / unavailable |
| AAF.LAirtel Africa PLC | — | — | 24.1% | 10.6% | +29.5% | −7% / +164% |
| AAL.LAnglo American PLC | — | — | -19.3% | -20.2% | +4.5% | +30% / +76% |
| ACG.LAcg Metals Limited | — | — | -80.3% | -32.0% | +134.8% | +60% / +63% |
1- and 3-year price returns: for MONY.L from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (GBP)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 1.24 Total return -39% · Per year -39% | 2.20 Total return 7% · Per year 7% | 3.31 Total return 60% · Per year 60% |
| 3 years | 1.13 Total return -38% · Per year -15% | 2.27 Total return 19% · Per year 6% | 3.76 Total return 92% · Per year 24% |
| 5 years | 1.04 Total return -36% · Per year -9% | 2.34 Total return 32% · Per year 6% | 4.28 Total return 130% · Per year 18% |
- Exit P/E± 0.57
- Net margin± 0.40
- Annual revenue growth± 0.33
- Annual dilution± 0.03
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
MONY Group PLC runs a two-sided online marketplace that connects consumers with providers of financial and utility products through brands such as MoneySuperMarket, Quidco and SuperSaveClub. Its relevance now rests on growing a loyal member base and on integrating artificial intelligence into its distribution channels 1.
SWOT
Strengths
- The group has well-known brands, a large base of active users and a unified technology platform that lowers costs and speeds up new product launches 1.
- The loyal membership programme, with rewards on each purchase, supports retention and reduces reliance on paid marketing 1.
- Consolidated data and market insight tools give providers audiences and information that other channels cannot easily match 1.
Weaknesses
- Revenue depends on referrals and transactions without long-term contracts, which makes forecasting beyond a three-year horizon difficult 1.
- Dependence on traffic volumes and online consumer behaviour can make revenue sensitive to rapid changes in demand 1.
- Costs can be restructured only within the three-year horizon, which limits flexibility over a longer period if revenue falls sharply 1.
Opportunities
- Selective expansion of new products and services, such as savings through Savings by MoneySuperMarket, could deepen customer engagement 1.
- Integrating AI into distribution and provider onboarding could lower costs and open new revenue streams 1.
- B2B solutions for third parties, such as embedded comparison journeys, could extend reach beyond the group's own brands 1.
Threats
- Regulatory change and pricing pressure in the sectors covered could reduce the attractiveness of certain products for consumers 1.
- A sharp economic downturn could reduce providers' spending on customer acquisition, directly affecting group revenue 1.
- Competition from providers' direct channels and other comparison platforms could erode market share 1.
Risks
- Competitive environment and consumer demandshigh
A shift in consumer preferences or the emergence of strong competitors could reduce traffic and referral revenue 1.
- Brand reputation and relevance to partnershigh
Loss of trust among consumers or providers could seriously affect the customer and partner base, according to the assessment of principal risks 1.
- Data protection and cyber securitymedium
A security incident or a breach of data rules could bring sanctions and a loss of user trust 1.
- Regulatory changemedium
New rules for financial and energy services could change how products are presented and the cost of compliance 1.
- Economic conditions and refinancingmedium
If a recession deepens, provider demand could fall, and renewing the credit facility could become costlier, although management assumes renewal on similar terms 1.
Investment thesis
What would need to be true (bull case)
- If the habit of shopping around online persists, the two-sided platform could keep attracting new members and providers, especially if the rewards programme remains compelling 1.
- The unified technology platform could allow faster launches of new products and AI integration, reducing costs and lifting productivity 1.
- Growth in provider services and use of market data could diversify revenue beyond direct consumer referrals 1.
What would break the thesis
- Revenue is not covered by long-term contracts, so a fall in provider demand could quickly affect financial results 1.
- Competition from providers' direct channels and other platforms could limit growth and pressure margins 1.
- Regulatory change and a deep recession could reduce the availability of attractive products and delay provider spending 1.
What to watch
- Delivery of adjusted EBITDA against the published consensus range2026
- Development of SuperSaveClub membership and the rate of new customer joinsNext annual report
- Renewal of the revolving credit facility on similar terms2028
- Impact of AI integration on operating costs and provider onboarding2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
The group's business model matches customers with the right providers and products for them, through price comparison services and a cashback offering. Revenue comes from lead referrals and customer transactions rather than long-term contracted streams 1. The stated purpose is helping households save money, and the SuperSaveClub membership base reached 2.1 million people in 2025 1.
The strategy aims to strengthen a two-sided marketplace: loyal members on one side and providers offered audiences, data and B2B solutions on the other. All brands run on a single technology platform, which helped reduce Group operating costs by 4% in 2025 1.
The Board monitors progress across three horizons: quarterly reforecasting, an annual plan and budget, and a three-year strategic plan reassessed each year. The outlook for 2026 was framed around the currently published consensus range for adjusted EBITDA 1.
Segments
Members and consumers
The SuperSaveClub programme, launched in September 2023, rewards customers with cash for each purchase of an eligible product. In 2025 the membership base doubled, and new-to-book customer joins rose 70% year on year 1.
Providers and partners
For providers the group offers advertising (Tenancy), market data (Market Boost) and B2B solutions (Decision Tech) for switching journeys embedded in third-party sites. Combined growth of provider services reached 13% in 2025 1.
Consumer brands
The MoneySuperMarket, MoneySavingExpert and Quidco brands support both product comparison and financial education content, with the weekly newsletter reaching over 9 million subscribers. The MoneySuperMarket app was also launched on the ChatGPT app store 1.
Market context
The group operates mainly in the UK market for online comparison of utilities, insurance, credit and financial services. Revenue depends on traffic volumes and conversion to providers, and demand is shaped by the cost of living and the availability of attractive products 1.
The report notes that technological development and regulatory change can alter consumer and provider behaviour. If household cost pressures persist, the motivation to shop around could support traffic, whereas a deep recession could reduce provider activity 1.
Trends
- Online search for better dealstailwind
Consumers continue to shop around online to save money, which favours comparison platforms. The model assumes this behaviour will persist 1.
- Artificial intelligence in distributiontailwind
The group is integrating AI into its apps and into provider onboarding, which could reduce costs and raise productivity. The ChatGPT launch shows the potential of a new access channel 1.
- Economic pressure and cost of livingheadwind
A recession or rising living costs could reduce the availability of attractive products for customers and affect referral revenue, according to management's assessment 1.
- Regulation and consumer protectionmixed
Regulatory changes such as the Consumer Duty and rules for credit and energy markets may change how products are presented and sold, creating both compliance costs and consolidation opportunities 1.
Competitive position
The group faces competition from other comparison platforms and from providers' direct acquisition channels. The principal risks section names the competitive environment and consumer demands as central, and strong brands and relevance to partners are essential to keeping its position 1.
The stated advantage rests on the scale of its brands, its loyal member base and its single technology platform. Differentiation depends on the ability to retain users and remain attractive to providers against alternatives 1.
- UK price comparison platforms
Direct competitors in utilities and financial product comparison; the source provided does not name them 1.
- Credit and card comparison aggregators
Players competing for consumer traffic interested in loans and cards; they are not named in the source provided 1.
- Providers' direct acquisition channels
Providers trying to acquire customers themselves, reducing dependence on third-party platforms, as flagged in the report's risk assessment 1.
- Cashback and rewards platforms
Services offering savings on online purchases that compete with the group's rewards programme 1.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202510 Mar 2026
- Annual report 202408 Jan 2026
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / MONY Group PLC · 31 Dec 2025
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.