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.
Helical plc is a United Kingdom-based property investment and development company specializing in Central London office buildings and a range of real estate sectors. Its principal activities encompass high-yielding retail investments, central London office investments and refurbishments, development projects, regional pre-let food store developments, and retirement villages. The company operates through two main segments: investment properties, owned or leased for long-term income and capital appreciation, which form the majority of its revenue, and development properties. Incorporated on 3 July 1919 as Helical Bar and Engineering Company Limited, it refocused on property after divesting its steel business in 1986 and rebranded to Helical plc in 2016. Headquartered at 22 Ganton Street in London, Helical plc maintains a lean team of approximately 23-25 employees and is classified in the Real Estate sector, with involvement in building project development, real estate investment trusts, buying and selling own real estate, and letting operations. As a FTSE SmallCap Index constituent, it plays a role in the cyclical real estate services industry, managing a portfolio valued at £540.4 million as of 31 March 2025.
£1.92
£0.08 (-3.90%)
EOD Jul 3, 2026
28.30% operating margin is above average. ROIC at 1.57%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 4.0%, steady but not accelerating. Free cash flow declined 104% despite revenue growth, conversion is weakening.
At 42x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Free cash flow declined 104% versus the prior year, cash generation momentum has weakened.
41.7x earnings. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£33M
▲ +4.0% YoY
Net Income (TTM)
£6M
▼ -79.7% YoY
Op. Margin
28.30%
▲ +9.9pp YoY
ROIC
1.57%
▲ +0.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-£45K
▼ -104.1% YoY
Op. Cash Flow (TTM)
£5M
▼ -88.2% YoY
Net Debt
£148M
Cash & Equiv.
£28M
3Y CAGR: -7.1%
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At a P/E of 41.7, Helical (HLCL.XLON)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in .
On quality, Helical scores 12/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.6%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Helical scores 12 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 28.3% operating margin and a 1.6% 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, Helical pays a regular dividend of about £0.05 per share per year (typically in quarterly installments), a yield of roughly 2.6% at the current price. That is a payout ratio of about 108.0% 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 HLCL.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. you should weigh HLCL.XLON's valuation and scores 12/100 on quality (lower-quality). It also yields about 2.6%. 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.