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.
/
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.
XPS Pensions Group plc is a FTSE 250 company and a leading UK consulting and administration business specializing in the pensions sector. It provides comprehensive services to trustees and sponsors of defined benefit and defined contribution pension schemes, focusing on delivering better long-term outcomes for over one million members across more than 1,300 clients. The company also offers support to insurance companies in the life and bulk annuities sector, combining actuarial expertise, advisory, compliance, and advanced technological solutions. With 15 locations across the UK and approximately 1,887 employees, XPS Pensions Group plc emphasizes a member-first approach, agility, and innovation through platforms like XPSArena, a digital learning hub for pensions professionals. Headquartered in Reading, it hosts events, shares insights on regulations, governance, and investments, and maintains high client satisfaction, with 97% agreeing on its collaborative approach. As the only publicly quoted consultancy of its kind, it plays a pivotal role in shaping robust pension strategies and industry standards.
£3.21
+£0.03 (+0.94%)
EOD Jul 3, 2026
19.89% operating margin is respectable but not wide. ROIC at 14.52%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 16.2%, still solid.
Even for strong businesses, today's 23x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
23.3x earnings, 19.7x 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)
£232M
▲ +16.2% YoY
Net Income (TTM)
£30M
▼ -44.0% YoY
Op. Margin
19.89%
▲ +1.8pp YoY
ROIC
14.52%
▲ +0.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£34M
▼ -5.1% YoY
Op. Cash Flow (TTM)
£36M
▼ -36.2% YoY
Net Debt
£54M
Cash & Equiv.
£15M
3Y CAGR: +18.7%
3Y CAGR: +20.3%
Continue Research
At a P/E of 23.3 and a price-to-free-cash-flow of 19.7, XPS Pensions Group (XPS.XLON) trades above a two-stage DCF intrinsic value of about £2.98 per share, so at £3.21 the stock looks overvalued (7.2% above 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, XPS Pensions Group scores 83/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 3.3%; 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 £2.98 per share for XPS.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 £2.23. At today's £3.21, that puts the stock about 7.2% above 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.
XPS Pensions Group scores 83 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 19.9% operating margin and a 14.5% 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, XPS Pensions Group pays a regular dividend of about £0.11 per share per year (typically in quarterly installments), a yield of roughly 3.3% at the current price. That is a payout ratio of about 73.1% of earnings, so the dividend is covered, with less cushion. XPS Pensions Group has grown the dividend at roughly 12.4% 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 XPS.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. XPS.XLON currently trades above its estimated intrinsic value and scores 83/100 on quality (high-quality). It also yields about 3.3%. 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.