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.
SSP Group plc is a leading operator of food and beverage outlets in travel locations worldwide, including airports, railway stations, and other transit hubs. Headquartered in London, England, the company manages approximately 3,000 units across 37 countries on six continents, employing around 49,000 colleagues who serve customers in over 50 languages. It offers a diverse portfolio of brands, encompassing its own creations like Upper Crust, Caffè Ritazza, Le Grand Comptoir, Millie's Cookies, and Nippon Ramen, alongside franchised international, national, and local favorites tailored to grab-and-go, casual dining, and high-end dining needs. Originating from SAS Catering in 1961, SSP Group plc has expanded through key acquisitions and market entries, such as into Italy, Iceland, North America, and Australia, solidifying its role in the global travel hospitality sector. As a FTSE 250 constituent, it plays a vital part in delivering convenient, high-quality dining experiences to travelers, enhancing airport and station revenues through innovative food concepts.
£1.93
£0.00 (-0.21%)
EOD Jul 3, 2026
Operating margin is thin at 7.36%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 6.0%, steady but not accelerating.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£3.64B
▲ +6.0% YoY
Net Income (TTM)
-£24M
▼ -128.1% YoY
Op. Margin
7.36%
▲ +0.2pp YoY
ROIC
8.91%
▲ +0.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£496M
▲ +84.0% YoY
Op. Cash Flow (TTM)
£720M
▲ +36.0% YoY
Net Debt
£1.82B
Cash & Equiv.
£342M
3Y CAGR: +18.5%
3Y CAGR: +22.1%
Continue Research
SSP Group (SSPG.XLON) trades below a two-stage DCF intrinsic value of about £28.99 per share, so at £1.93 the stock looks undervalued (1,404.6% 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, SSP Group scores 70/100 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 1.9%; 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 £28.99 per share for SSPG.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 £21.74. At today's £1.93, that puts the stock about 1,404.6% 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.
SSP Group scores 70 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 7.4% operating margin and a 8.9% 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, SSP Group pays a regular dividend of about £0.04 per share per year (typically in quarterly installments), a yield of roughly 1.9% at the current price. 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 SSPG.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. SSPG.XLON currently trades below its estimated intrinsic value and scores 70/100 on quality (solid). It also yields about 1.9%. 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.