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.
Foresight Group Holdings Limited is a leading investment manager specializing in infrastructure and private equity across private and public markets. Established in 1984 and headquartered in London with operations in the UK, Europe, and Australia, the firm manages approximately £13.7 billion in assets under management, including over 5.0 GW of green energy infrastructure capacity and more than 450 real assets. Its diversified platform focuses on decarbonized energy systems, natural capital, social, transport, and digital infrastructure, as well as backing ambitious small and medium-sized enterprises through venture capital, growth capital, and private credit. Notable funds include the Foresight Solar Fund, with investments in over 1 GW of solar projects across Spain, the UK, and Australia, and JLEN, featuring a mix of hydro, solar, anaerobic digestion, and wind assets. The company supports the energy transition and sustainable growth, offering tax-efficient investment options like VCTs, EIS, and Business Relief to connect investors with high-potential sectors. Foresight Group Holdings Limited plays a key role in building resilient infrastructure and fostering environmental and economic outcomes.
£4.60
+£0.10 (+2.22%)
EOD Jul 3, 2026
Margins and capital returns are both well above average: 34.62% operating margin, ROIC at 41.80%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue grew 10.9%, still solid.
Even for strong businesses, today's 12x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
12.2x earnings, 12.9x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£165M
▲ +10.9% YoY
Net Income (TTM)
£43M
▲ +28.8% YoY
Op. Margin
34.62%
▼ -1.3pp YoY
ROIC
41.80%
▼ -1.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£40M
▼ -2.9% YoY
Op. Cash Flow (TTM)
£55M
▲ +29.7% YoY
Net Debt
-£11M
Net Cash Position
Cash & Equiv.
£42M
3Y CAGR: +11.4%
3Y CAGR: -7.3%
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At a P/E of 12.2 and a price-to-free-cash-flow of 12.9, Foresight Group Holdings (FSG.XLON) trades below a two-stage DCF intrinsic value of about £10.48 per share, so at £4.60 the stock looks undervalued (127.9% 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, Foresight Group Holdings scores 79/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 5.4%; 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 £10.48 per share for FSG.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 £7.86. At today's £4.60, that puts the stock about 127.9% 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.
Foresight Group Holdings scores 79 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 34.6% operating margin and a 41.8% 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, Foresight Group Holdings pays a regular dividend of about £0.25 per share per year (typically in quarterly installments), a yield of roughly 5.4% at the current price. That is a payout ratio of about 66.2% of earnings, so the dividend is covered, with less cushion. Foresight Group Holdings has grown the dividend at roughly 46.4% a year over the past few years. 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 FSG.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. FSG.XLON currently trades below its estimated intrinsic value and scores 79/100 on quality (solid). It also yields about 5.4%. 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.