olivLaw · European equity research
Future PLC FUTR.L
United Kingdom · London Stock Exchange · ISIN GB00BYZN9041 · Vertical: Listed companies from United Kingdom
At the close of 05 Nov 2026, Future PLC (FUTR.L) stock was 3.20 GBP (+5.75% on the day), with market capitalisation 338.2 m GBP, P/E 5.1 on diluted EPS of 0.62 GBP over the last 12 months, dividend yield 1.09%, beta 0.61, 52-week range 2.75–6.39 GBP.
Data as of · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 62.3
- strong (55–70)
- Bollinger (20, 2)
- 2.76 – 3.22
- in the upper half of the band · %B 0.96 · band width 15.3%
- SMA 50 / 200
- 3.00 / 3.41
- mixed trend
- MACD (12, 26, 9)
- -0.01 / -0.03
- 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 | +9.6% | −0.6% | +10.2 pp | — |
| 3 months | +0.7% | −4.2% | +4.9 pp | — |
| 6 months | −2.6% | +4.3% | −7.0 pp | — |
| Year to date | −39.3% | +7.5% | −46.8 pp | — |
| 1 year | −47.4% | +9.9% | −57.4 pp | +5.8% |
| 3 years | −65.2% | +49.8% | −115.1 pp | +26.3% |
| 5 years | −90.4% | +42.8% | −133.2 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 0 percentile of its own 3-quarter history (min 9.4, median 10.5, max 15.1; quarters with earnings only).
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 788.9 m | 788.2 m | 739.2 m |
| Revenue YoY | unavailable | −0.1% | −6.2% |
| Net income | 113.4 m | 76.8 m | 66.3 m |
| Net income YoY | unavailable | −32.3% | −13.7% |
| Diluted EPS | 0.94 | 0.67 | 0.62 |
| Diluted EPS YoY | unavailable | −29.0% | −7.0% |
| net % | 14.4% | 9.7% | 9.0% |
| Free cash flow | 180.8 m | 167.0 m | 114.0 m |
Balance sheet & financial health
Fiscal year 2025 · 30 Sept 2025
- Cash
- 27.6 m GBP
- Financial debt
- 304.0 m GBP
- Net debt
- 276.4 m GBP
- Equity
- 1.0 bn GBP
- Total assets
- 1.6 bn GBP
- Debt / equity
- 0.29x
- Current ratio
- 0.96x
- ROE
- 6.3%
- ROA
- 4.0%
- FCF margin
- 15.4%
Financial statements (source on every figure)
Revenue and net income (GBP)
Margins
Income statement · GBP
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 788.9 m | 788.2 m | 739.2 m | esef· 17 Feb 2026verified |
| Operating income | 174.5 m | 133.7 m | 121.9 m | esef· 17 Feb 2026verified |
| Interest expense | 37.3 m | 31.8 m | 30.7 m | esef· 17 Feb 2026verified |
| Pre-tax income | 138.1 m | 103.2 m | 91.9 m | esef· 17 Feb 2026verified |
| Income tax | 24.7 m | 26.4 m | 25.6 m | esef· 17 Feb 2026verified |
| Net income | 113.4 m | 76.8 m | 66.3 m | esef· 17 Feb 2026verified |
| Diluted EPS | 0.94 | 0.67 | 0.62 | esef· 17 Feb 2026verified |
| Dividend per share | 0.03 | 0.03 | 0.04 | esef· 17 Feb 2026derived |
Balance sheet · GBP
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 60.3 m | 39.7 m | 27.6 m | esef· 17 Feb 2026verified |
| Receivables | 123.5 m | 115.3 m | 105.1 m | esef· 17 Feb 2026verified |
| Inventories | 1.3 m | 400.0 k | 1.3 m | esef· 17 Feb 2026verified |
| Current assets | 201.5 m | 158.7 m | 149.5 m | esef· 17 Feb 2026verified |
| Property, plant & equipment, net | 34.4 m | 32.8 m | 29.5 m | esef· 17 Feb 2026verified |
| Goodwill | 1.1 bn | 1.0 bn | 1.0 bn | esef· 17 Feb 2026verified |
| Intangibles (excl. goodwill) | 585.8 m | 502.0 m | 453.3 m | esef· 17 Feb 2026verified |
| Total assets | 1.9 bn | 1.7 bn | 1.6 bn | esef· 17 Feb 2026verified |
| Accounts payable | 128.4 m | 121.7 m | 92.4 m | esef· 17 Feb 2026verified |
| Short-term debt | 0 | 20.0 m | 0 | esef· 17 Feb 2026verified |
| Long-term debt | 387.5 m | 276.2 m | 304.0 m | esef· 17 Feb 2026verified |
| Current liabilities | 208.9 m | 229.0 m | 156.1 m | esef· 17 Feb 2026verified |
| Total liabilities | 766.6 m | 646.3 m | 594.3 m | esef· 17 Feb 2026verified |
| Equity | 1.1 bn | 1.1 bn | 1.0 bn | esef· 17 Feb 2026verified |
| Shares outstanding at year end | 119.7 m | 114.3 m | 105.7 m | esef· 17 Feb 2026derived |
Cash flow · GBP
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 182.8 m | 169.8 m | 117.3 m | esef· 17 Feb 2026verified |
| Capex | 2.0 m | 2.8 m | 3.3 m | esef· 17 Feb 2026verified |
| Free cash flow | 180.8 m ≈ | 167.0 m ≈ | 114.0 m ≈ | esef· 17 Feb 2026derived |
| Investing cash flow | -58.8 m | -21.8 m | -19.6 m | esef· 17 Feb 2026verified |
| Financing cash flow | -86.9 m | -166.9 m | -109.0 m | esef· 17 Feb 2026verified |
| Dividends paid | 4.1 m | 3.9 m | 3.7 m | esef· 17 Feb 2026verified |
| Share repurchases | 24.5 m | 63.1 m | 102.8 m | esef· 17 Feb 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: 68 / 100
A scoring methodology on indicators and valuation, not investment advice.
score >= 65 · margin_of_safety >= 0.15 · agreement in ['high', 'medium']
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 338.2 m GBP
Key indicators
Coverage and freshness
The data is older than the freshness threshold.
Score by group
- Quality50
- Returns100
- Balance sheet28
- Valuation94
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
Attractive profile · Score 68/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 6.7% | 25 (vs peers) | 17% |
| Net margin · Quality | 9.0% | 43 (vs peers) | 10% |
| FCF conversion · Quality | 171.9% | 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 | 4.0x | 38 (on a fixed band) | 10% |
| Current ratio · Balance sheet | 1.0x | 13 (on a fixed band) | 7% |
| P/E (TTM) · Valuation | 5.1x | 89 (vs peers) | 17% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 33.7% | 100 (on a fixed band) | 13% |
| Shareholder yield (distributions) · Returns | 31.5% | 100 (on a fixed band) | 10% |
| Payout ratio (FCF) · Returns | 3.2% | 100 (on a fixed band) | 7% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet28/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality50/100 · 3/3 factors with a value
- Returns100/100 · 2/2 factors with a value
- Valuation94/100 · 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
FUTURE PLC (FUTR.L). Latest full fiscal year: 2025; data up to 2025-09-30.
Figures computed from the financial statements: revenue 739.2 m GBP in 2025; YoY growth -6.2%; net margin 9.0%; ROE 6.3%.
The estimated value range is 9.36–15.28 GBP per share (median of 2 methods, agreement: high); assumptions are illustrative. Against the central value of 11.87 GBP, the price of 3.20 GBP leaves a potential of 271.1% (value / price − 1) and a margin of safety of 73.1% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 68/100, methodological classification: attractive 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
- FCF conversion: 171.9%
- P/E (TTM): 5.1x
- FCF yield: 33.7%
- Shareholder yield (distributions): 31.5%
- Payout ratio (FCF): 3.2%
- The price is below the estimated value range
What contradicts it
- ROIC: 6.7%
- Current ratio: 1.0x
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% |
| 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% |
| FUTR.LFuture PLC | 338.2 m | 5.1 | 6.3% | 9.0% | −6.2% | −50% / −62% |
| 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 FUTR.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 | 1.73 Total return -45% · Per year -45% | 3.07 Total return -3% · Per year -3% | 4.64 Total return 46% · Per year 46% |
| 3 years | 1.37 Total return -55% · Per year -23% | 2.77 Total return -10% · Per year -4% | 4.64 Total return 49% · Per year 14% |
| 5 years | 1.09 Total return -63% · Per year -18% | 2.50 Total return -17% · Per year -4% | 4.64 Total return 51% · Per year 9% |
- Exit P/E± 0.69
- Net margin± 0.48
- Annual revenue growth± 0.44
- 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
- De la scroll pe TikTok de pe canapea la poveşti în care poţi intra. Cum? Prin Future Frames, primul festival de cinema imersiv din România. Ana Vlad, cofondatoare: Atractivitatea vine din ce simţi şi descoperi acolo. Vrem ca întrebarea «Ai văzut filmul?» să devină «Ai fost în poveste?»Ziarul Financiar · 06 Nov 2026 · RO
- Can AI learn to understand nature? Scientists set out a roadmap for the future of ecologyPhys.org · 06 Nov 2026 · EN
- Mariko Mori predicted the future. She’ll do it again.The Japan Times · 06 Nov 2026 · EN
- Can the Spatial Planning of Livestock Production Tackle Future Nitrogen Pollution in China?Environmental Science & Technology · 06 Nov 2026 · EN
- Trump signs order preventing future presidents from changing Oval OfficeBBC World News · 06 Nov 2026 · EN
- Research seeks to clarify assisted suicide practices in Germany and inform future regulationPhys.org · 05 Nov 2026 · EN
- Trump’s Iran war has changed the future of Social SecurityMarketWatch — Top Stories · 05 Nov 2026 · EN
- Hannity calls for public input on future of immigration enforcementThe Hill · 05 Nov 2026 · EN
- Why Prizren, not Prishtina, might be the future of Kosovo’s ICT sectorEmerging Europe · 05 Nov 2026 · EN
- Review | National Exams — finding hope for the future among Georgia’s youthOC Media (GE, EN) · 05 Nov 2026 · EN
- A sweeter future? AI helps scientists discover new sugar substitutesPhys.org · 05 Nov 2026 · EN
- Europe will have to forget about tech leadership in foreseeable future — Rosatom headTASS (RU, EN) · 05 Nov 2026 · EN
- STAT+: What the midterms could mean for the future of health AISTAT News · 05 Nov 2026 · EN
- Uncovering past, preserving future of Türkiye's ancient SideDaily Sabah — Economy (TR, EN) · 05 Nov 2026 · EN
- Pollutant Release and Transfer Registers (PRTRs) as a Cornerstone of Global Chemicals Management: Current Gaps and Future DirectionsEnvironmental Science & Technology · 05 Nov 2026 · EN
- Piero Cipollone: Shaping the future of moneyECB — Press Releases · 05 Nov 2026 · EN
- The future of engineering: fewer people, more work, and the end of tokenmaxxingSifted (EU startups) · 05 Nov 2026 · EN
- Trump says Hegseth doing 'a very good job' as questions swirl about his futureCNA (Channel NewsAsia) · 05 Nov 2026 · EN
- Greek singer Konstantinos Argiros performs in Ankara, hints at future collaborations with Turkish artistsAnadolu Agency (TR, EN) · 05 Nov 2026 · EN
- Texas data centers face uncertain future after Hinojosa wins governor’s raceCNA (Channel NewsAsia) · 04 Nov 2026 · EN
Annual reports (ESEF)
- Annual report 202517 Feb 2026
- Annual report 202403 Feb 2026
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.