Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
FDM Group (Holdings) plc is a public limited company and holding entity for FDM Group, a British multinational information technology consulting firm headquartered in London, United Kingdom. Established in 1990 and listed on the London Stock Exchange since 2014, it specializes in recruiting, training, and deploying permanent IT and business consultants to client sites worldwide, primarily financial institutions and banks. With over 4,700 employees, FDM operates in the Information Technology Services sector, focusing on five specialist practices: Software Engineering, Data & Analytics, IT Operations, Change & Transformation, and Risk, Regulation & Compliance. The company draws talent from university graduates, career returners, ex-military personnel, and women in STEM through initiatives like Women in IT. AI-enabled from inception, FDM's consultants deliver immediate value, blending human expertise with technology to support clients in maintaining competitive edges in rapidly evolving tech landscapes. Key leadership includes CEO Roderick Neil Flavell and a seasoned executive team guiding its global operations.
£1.07
+£0.00 (+0.00%)
EOD Jul 3, 2026
Operating margin is thin at 7.53%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 31.0% YoY. Margins deteriorated 5.0pp alongside, both lines moving the wrong way.
Free cash flow declined 29% versus the prior year, cash generation momentum has weakened. ROIC dropped from 25.42% to 12.32%, capital efficiency is deteriorating.
20.5x earnings, 5.7x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£178M
▼ -31.0% YoY
Net Income (TTM)
£6M
▼ -72.4% YoY
Op. Margin
7.53%
▼ -5.0pp YoY
ROIC
12.32%
▼ -13.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£21M
▼ -28.6% YoY
Op. Cash Flow (TTM)
£21M
▼ -35.9% YoY
Net Debt
-£15M
Net Cash Position
Cash & Equiv.
£35M
3Y CAGR: -18.6%
3Y CAGR: -16.3%
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At a P/E of 20.5 and a price-to-free-cash-flow of 5.7, FDM Group (Holdings) (FDM.XLON) trades below a two-stage DCF intrinsic value of about £3.41 per share, so at £1.07 the stock looks undervalued (219.5% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, FDM Group (Holdings) scores 45/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 17.4%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about £3.41 per share for FDM.XLON, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around £2.55. At today's £1.07, that puts the stock about 219.5% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
FDM Group (Holdings) scores 45 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 7.5% operating margin and a 12.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, FDM Group (Holdings) pays a regular dividend of about £0.19 per share per year (typically in quarterly installments), a yield of roughly 17.4% at the current price. That is a payout ratio of about 357.6% of earnings, so the dividend is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For FDM.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. FDM.XLON currently trades below its estimated intrinsic value and scores 45/100 on quality (mixed). It also yields about 17.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.