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olivLaw · European equity research

Pets At Home Group PLC PETS.L

United Kingdom · London Stock Exchange · ISIN GB00BJ62K685 · Vertical: Listed companies from United Kingdom

2.60GBP+0.54% · 1 dayClose 05 Nov 2026

At the close of 05 Nov 2026, Pets At Home Group PLC (PETS.L) stock was 2.60 GBP (+0.54% on the day), with market capitalisation 1.2 bn GBP, P/E 19.1 on diluted EPS of 0.14 GBP over the last 12 months, dividend yield 4.98%, beta 0.55, 52-week range 1.71–2.60 GBP.

Data as of · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
1.2 bn GBP
shares as of 26 Mar 2026
P/E (TTM)
19.1
Diluted EPS TTM 0.14 · TTM to 26 Mar 2026
E/P (TTM)
5.23%
TTM to 26 Mar 2026
Dividend yield
4.98%
DPS 12m 0.13
Beta (2y)
0.55
Volatility (1y) 27%
52-week range
1.712.60

Price history

Loading chart…

Technical reading

RSI (14)
80.3
overbought (≥ 70)
Bollinger (20, 2)
2.05 – 2.67
in the upper half of the band · %B 0.89 · band width 26.1%
SMA 50 / 200
2.21 / 2.01
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.11 / 0.09
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

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 month+26.3%−0.6%+27.0 pp—
3 months+22.2%−4.2%+26.3 pp—
6 months+40.7%+4.3%+36.4 pp—
Year to date+31.3%+7.5%+23.8 pp—
1 year+23.3%+9.9%+13.4 pp+5.8%
3 years−11.1%+49.8%−61.0 pp+26.3%
5 years−47.4%+42.8%−90.2 pp—
Max drawdown (1y)
−23.7%
20 Feb 2026 → 19 Jun 2026
Max drawdown (5y)
−65.3%
08 Nov 2021 → 19 Jun 2026
Compound annual growth (5y)
−12.1%
EURO STOXX 50 +7.4%

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 100 percentile of its own 3-quarter history (min 12.5, median 13.3, max 16.4; quarters with earnings only).

Fiscal years

Fiscal year202420252026
Revenue1.5 bn1.5 bn1.5 bn
Revenue YoYunavailable+0.1%−0.8%
Net income79.2 m88.2 m62.5 m
Net income YoYunavailable+11.4%−29.1%
Diluted EPS0.160.190.14
Diluted EPS YoYunavailable+14.6%−27.7%
net %5.4%6.0%4.3%
Free cash flowunavailableunavailableunavailable

Balance sheet & financial health

Fiscal year 2026 · 26 Mar 2026

Cash
39.6 m GBP
Financial debt
57.9 m GBP
Net debt
18.3 m GBP
Equity
973.1 m GBP
Total assets
1.7 bn GBP
Debt / equity
0.06x
Current ratio
0.61x
ROE
6.4%
ROA
3.8%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (GBP)

Margins

Income statement · GBP

Revenue
2024
1.5 bn
2025
1.5 bn
2026
1.5 bn

esef· 30 Jun 2026verified

Cost of revenue
2024
788.9 m
2025
787.0 m
2026
797.6 m

esef· 30 Jun 2026verified

Gross profit
2024
691.3 m
2025
694.7 m
2026
672.0 m

esef· 30 Jun 2026verified

Operating income
2024
119.3 m
2025
136.4 m
2026
102.9 m

esef· 30 Jun 2026verified

Interest expense
2024
17.6 m
2025
18.7 m
2026
19.0 m

esef· 30 Jun 2026verified

Pre-tax income
2024
105.7 m
2025
120.6 m
2026
86.5 m

esef· 30 Jun 2026verified

Income tax
2024
26.5 m
2025
32.4 m
2026
23.4 m

esef· 30 Jun 2026verified

Net income
2024
79.2 m
2025
88.2 m
2026
62.5 m

esef· 30 Jun 2026verified

Diluted EPS
2024
0.16
2025
0.19
2026
0.14

esef· 30 Jun 2026verified

Dividend per share
2024
0.13
2025
0.13
2026
0.13

esef· 30 Jun 2026derived

Balance sheet · GBP

Cash
2024
57.1 m
2025
39.5 m
2026
39.6 m

esef· 30 Jun 2026verified

Receivables
2024
60.9 m
2025
63.8 m
2026
61.1 m

esef· 30 Jun 2026verified

Inventories
2024
97.5 m
2025
106.9 m
2026
107.5 m

esef· 30 Jun 2026verified

Current assets
2024
215.8 m
2025
210.4 m
2026
208.2 m

esef· 30 Jun 2026verified

Property, plant & equipment, net
2024
158.1 m
2025
161.7 m
2026
168.3 m

esef· 30 Jun 2026verified

Total assets
2024
1.7 bn
2025
1.7 bn
2026
1.7 bn

esef· 30 Jun 2026verified

Accounts payable
2024
249.2 m
2025
255.6 m
2026
252.8 m

esef· 30 Jun 2026verified

Short-term debt
2024
2.2 m
2025
4.7 m
2026
4.7 m

esef· 30 Jun 2026verified

Long-term debt
2024
43.3 m
2025
26.7 m
2026
53.2 m

esef· 30 Jun 2026verified

Current liabilities
2024
341.2 m
2025
345.6 m
2026
339.7 m

esef· 30 Jun 2026verified

Total liabilities
2024
695.3 m
2025
663.6 m
2026
681.6 m

esef· 30 Jun 2026verified

Equity
2024
988.5 m
2025
993.2 m
2026
973.1 m

esef· 30 Jun 2026verified

Shares outstanding at year end
2024
477.1 m
2025
464.2 m
2026
452.9 m

esef· 30 Jun 2026derived

Cash flow · GBP

Operating cash flow
2024
210.0 m
2025
218.0 m
2026
191.0 m

esef· 30 Jun 2026verified

Investing cash flow
2024
-48.3 m
2025
-47.4 m
2026
-42.5 m

esef· 30 Jun 2026verified

Financing cash flow
2024
-282.6 m
2025
-188.2 m
2026
-148.4 m

esef· 30 Jun 2026verified

Dividends paid
2024
60.7 m
2025
59.7 m
2026
58.7 m

esef· 30 Jun 2026verified

Computed indicators

Growth

Revenue growth (YoY)
-0.8%
computed by olivLawFY 2026
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
-24.6%
computed by olivLawFY 2026
Net income growth (YoY)
-29.1%
computed by olivLawFY 2026
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
-27.7%
computed by olivLawFY 2026
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
45.7%
computed by olivLawFY 2026
EBITDA margin
unavailable
input data missing
EBIT margin
7.0%
computed by olivLawFY 2026
Net margin
4.3%
computed by olivLawFY 2026
FCF margin
unavailable
input data missing

Returns

ROE
6.4%
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
ROA
3.8%
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
ROIC
7.6%
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
ROCE
7.8%
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
Payout ratio (EPS)
95.3%
computed by olivLawFY 2026
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
18.3 m GBP
computed by olivLawbalance sheet at 26 Mar 2026
Net debt / EBITDA
unavailable
input data missing
Debt / equity
0.1x
computed by olivLawbalance sheet at 26 Mar 2026
Interest coverage
5.4x
computed by olivLawFY 2026

Liquidity

Current ratio
0.6x
computed by olivLawbalance sheet at 26 Mar 2026
Quick ratio
0.3x
computed by olivLawbalance sheet at 26 Mar 2026
Cash ratio
0.1x
computed by olivLawbalance sheet at 26 Mar 2026

Cash

Operating cash flow
191.0 m GBP
computed by olivLawFY 2026
Capital expenditure
unavailable
input data missing
Free cash flow
unavailable
input data missing
FCF conversion
unavailable
input data missing
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
16 days
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
Days inventory outstanding
49 days
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
Days payables outstanding
116 days
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
Cash conversion cycle
-52 days
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026

Market and valuation

Market capitalisation
1.2 bn GBP
computed by olivLawbalance sheet at 26 Mar 2026
Enterprise value
1.2 bn GBP
computed by olivLawbalance sheet at 26 Mar 2026
Market cap / net income TTM
18.8x
computed by olivLawFY 2026
P/E (TTM)
19.1x
computed by olivLawFY 2026
Earnings yield
5.2%
computed by olivLawFY 2026
P/B
1.2x
computed by olivLawbalance sheet at 26 Mar 2026
P/S
0.8x
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
EV/EBITDA
unavailable
input data missing
EV/EBIT
11.6x
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
EV/Sales
0.8x
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
5.0%
computed by olivLawFY 2026
Shareholder yield (distributions)
5.0%
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • score weight coverage: 43.8% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

2.60 GBP

05 Nov 2026Source: olivLaw, closing series

Market cap: 1.2 bn GBP

Key indicators

Market capitalisation
1.2 bn GBP
computed by olivLawbalance sheet at 26 Mar 2026
P/E (TTM)
19.1x
computed by olivLawFY 2026
P/B
1.2x
computed by olivLawbalance sheet at 26 Mar 2026
EV/EBITDA
unavailable
input data missing
ROE
6.4%
computed by olivLawFY 2026 · balance sheet at 26 Mar 2026
Net margin
4.3%
computed by olivLawFY 2026
Revenue growth (YoY)
-0.8%
computed by olivLawFY 2026
Dividend yield
5.0%
computed by olivLawFY 2026

Coverage and freshness

27/37 reporting lines present
Latest full fiscal year: 2026
Latest reported period: 26 Mar 2026
Latest balance sheet date: 26 Mar 2026
Share count (cover of the latest filing), as of: 26 Mar 2026
Source: esefpublished 30 Jun 2026
verified 83derived 6

Score by group

44% · Insufficient data

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

    Insufficient data

    Minimum-evidence gate: score weight coverage: 43.8% of at least 60%

    FactorValueScoreWeight used
    ROIC · Quality7.6%25 (vs peers)24%
    Net margin · Quality4.3%37 (vs peers)14%
    FCF conversion · Qualityunavailableunavailable—
    Revenue CAGR 3Y · Growthunavailableunavailable—
    EPS CAGR 3Y · Growthunavailableunavailable—
    Net debt / EBITDA · Balance sheetunavailableunavailable—
    Interest coverage · Balance sheet5.4x60 (on a fixed band)14%
    Current ratio · Balance sheet0.6x0 (on a fixed band)10%
    P/E (TTM) · Valuation19.1x28 (vs peers)24%
    EV/EBITDA · Valuationunavailableunavailable—
    FCF yield · Valuationunavailableunavailable—
    Shareholder yield (distributions) · Returns5.0%71 (on a fixed band)14%
    Payout ratio (FCF) · Returnsunavailableunavailable—

    Factors without a value were dropped; the remaining weights were renormalised.

    Score groups

    • Balance sheet36/100 · 2/3 factors with a value
    • Growth· partialunavailable · 0/2 factors with a value
    • Quality30/100 · 2/3 factors with a value
    • Returns· partial71/100 · 1/2 factors with a value
    • Valuation· partial28/100 · 1/3 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

    PETS AT HOME GROUP PLC (PETS.L). Latest full fiscal year: 2026; data up to 2026-03-26.

    Figures computed from the financial statements: revenue 1.5 bn GBP in 2026; YoY growth -0.8%; net margin 4.3%; ROE 6.4%.

    The estimated value range is 1.40–1.97 GBP per share (median of 2 methods, agreement: high); assumptions are illustrative. Against the central value of 1.68 GBP, the price of 2.60 GBP leaves a potential of -35.2% (value / price − 1) and a margin of safety of -54.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

    Insufficient data for a verdict (score weight coverage: 43.8% of at least 60%).

    Text generated deterministically from the figures shown; no language model. Not investment advice.

    What supports the thesis

    • Shareholder yield (distributions): 5.0%

    What contradicts it

    • ROIC: 7.6%
    • Current ratio: 0.6x
    • P/E (TTM): 19.1x
    • The price is above the estimated value range

    Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA, FCF yield, Payout ratio (FCF).

    Versus the vertical median

    Listed companies from United Kingdom · same country · compared with 39 companies

    Multiples and returns vs the median

    P/E
    19.1x
    vertical median 15.3x
    above median (+24.6%)
    EV/EBITDA
    —
    vertical median —
    P/S
    0.8x
    vertical median 1.5x
    below median (−47.9%)
    P/B
    1.2x
    vertical median 2.2x
    below median (−44.0%)
    ROE
    6.4%
    vertical median 14.4%
    below median (−55.8%)
    Net margin
    4.3%
    vertical median 10.8%
    below median (−60.5%)
    EBIT margin
    7.0%
    vertical median 22.9%
    below median (−69.5%)
    Revenue YoY
    -0.8%
    vertical median 7.9%
    below median (−110.4%)
    Net debt/EBITDA
    —
    vertical median —
    Dividend yield
    5.0%
    vertical median 2.9%
    above median (+74.4%)

    Price rebased to 100 (monthly, 5 years)

    Companies in the vertical

    Market capP/EROENet marginRevenue YoY1A / 3A
    BATS.LBritish American Tobacco P.L.C.104.3 bn13.516.5%30.3%−1.0%+7% / +88%
    ABF.LAssociated British Foods PLC14.7 bn14.39.2%5.3%−3.1%−5% / −15%
    0EV1.LCarnival PLC5.5 bn4.146.7%13.4%+6.4%unavailable / unavailable
    BAB.LBabcock International Group PLC5.1 bn24.734.7%4.1%+7.2%−10% / +158%
    AUTO.LAutotrader Group PLC4.8 bn16.460.2%47.1%+3.9%−13% / −23%
    BBY.LBalfour Beatty PLC4.2 bn16.323.2%2.8%+15.2%+20% / +160%
    ABDN.LAberdeen Group PLC4.1 bn10.88.0%28.9%−2.1%+11% / +41%
    BKG.LThe Berkeley Group Holdings PLC3.6 bn11.38.8%13.4%−4.2%−0% / −22%
    BME.LB&M European Value Retail PLC2.9 bn17.421.2%2.8%+3.7%+68% / −51%
    AJB.LAj Bell PLC2.4 bn22.849.9%33.1%+18.0%+8% / +128%
    ASHM.LAshmore Group PLC1.4 bn13.913.1%71.6%−0.1%+28% / +18%
    PETS.LPets At Home Group PLC1.2 bn19.16.4%4.3%−0.8%+17% / −19%
    BCG.LBaltic Classifieds Group PLC1.2 bn23.215.8%57.6%+6.9%−99% / −99%
    APN.LApplied Nutrition PLC763.6 m36.241.2%19.7%+24.2%+71% / unavailable
    BAG.LA.G. Barr P.L.C.671.9 m14.414.4%10.8%+4.0%−7% / +26%
    ASC.LAsos PLC494.5 m—-81.3%-12.0%−14.7%+71% / +8%
    ALFA.LAlfa Financial Software Holdings PLC486.8 m16.361.5%23.8%+15.3%−28% / +10%
    AML.LAston Martin Lagonda Global Holdings PLC344.3 m—-93.4%-39.2%−20.6%−45% / −85%
    APTD.LAptitude Software Group PLC111.3 m28.57.2%6.2%−7.3%−30% / −23%
    AMGO.LAmigo Holdings PLC9.9 m———−81.9%+325% / +844%
    ASBE.LAssociated British Engineering PLC605.3 k—-19.1%—unavailableunavailable / unavailable
    AMIF.LAmicorp Fs (uk) PLC221.6 k0.127.5%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 PETS.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.

    Bear
    Allowed range: -50 … 50%
    Allowed range: -100 … 100%
    Allowed range: 0 … 100
    Allowed range: -10 … 20%
    Allowed range: 0 … 100%
    Base
    Allowed range: -50 … 50%
    Allowed range: -100 … 100%
    Allowed range: 0 … 100
    Allowed range: -10 … 20%
    Allowed range: 0 … 100%
    Bull
    Allowed range: -50 … 50%
    Allowed range: -100 … 100%
    Allowed range: 0 … 100
    Allowed range: -10 … 20%
    Allowed range: 0 … 100%
    Nothing is saved.

    Estimated price (GBP)

    Estimated priceBearBaseBull
    1 years
    1.48
    Total return -39% · Per year -39%
    2.62
    Total return 6% · Per year 6%
    3.95
    Total return 58% · Per year 58%
    3 years
    1.28
    Total return -40% · Per year -16%
    2.57
    Total return 14% · Per year 4%
    4.29
    Total return 84% · Per year 23%
    5 years
    1.12
    Total return -41% · Per year -10%
    2.53
    Total return 22% · Per year 4%
    4.65
    Total return 112% · Per year 16%
    What moves the 3-year price the most
    • Exit P/E± 0.64
    • Net margin± 0.45
    • Annual revenue growth± 0.39
    • Annual dilution± 0.04

    AI analysis

    The qualitative analysis has not been written for this company yet.

    Products, market & competition

    The qualitative analysis has not been written for this company yet.

    News & filings

    In the press

    No news in our archive over the last 180 days.

    Annual reports (ESEF)

    Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.