DCC plc (DCC) fair value: what the stock is really worth
As of Nov 12, 2026: fair value (intrinsic value) of DCC plc stock £103, price £64.55, upside +60.0%, quality 61 out of 100. Rating: strongly undervalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 12, 2026.
How to read this chart
60‑month range £34.95 – £64.60 · fair‑value band £65.86 – £140.68 · the £64.55 price screens below the £103.28 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 12, 2026.
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DCC plc engages in the sales, marketing, and distribution of carbon energy solutions in the Republic of Ireland, the United Kingdom, France, the United States, and internationally. The company operates through two segments, DCC Energy and DCC Technology.
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It sells transport and commercial fuels, heating oils and related products, liquid gas, refrigerants, electricity, natural gas, and biofuels and biogas to commercial, industrial, and domestic customers; designs, sells, installs, and maintains on-site solar and energy systems for power customers, as well as provides energy efficiency solutions; owns or operates service stations (gas stations) for vehicles and trucks; and provides fleet payment, digital parking, and telematic services.
The company also offers Pro Tech, which bring professional technologies together to enhance audio and visual experiences; Info Tech to make faster connections happen; and Life Tech that provides technology to improve lifestyle quality.
The company was incorporated in 1976 and is headquartered in Dublin, Ireland.
Stock analysis
DCC plc (DCC) currently trades at £64.55, while our model-based Fair Value estimate is £103.28, implying the stock looks roughly 38% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of £117.88 per share, and 12 of the 24 models we run sit above the £64.55 price.
Bear case: the Economic Profit group reads lowest at £40.50, and 12 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: £65.86 (bear) to £140.68 (bull), the price of £64.55 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Energy sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
DCC plc reported revenue of £15.4B in FY2026 versus £17.7B in FY2022, a compound −3.4%/yr. Reported net income was £13.4M in FY2026, compounding −54.5%/yr from FY2022.
Key figures
Market cap £6.1B Mid · P/E ratio 18.1 · P/S ratio 0.02 · EPS (TTM) £3.56 · Dividend yield 3.2% · Net margin 0.1% · Return on equity 10.4% · Return on assets (EBIT) 5.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 34 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 52% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Energy peers we cover trades at −48% fair-value upside, at 60%, DCC screens cheaper than that median.
Fair Value models
Bear£65.86Fair Value £103.28Bull£140.68
Price £64.55 · Upside +60.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (£0.9058 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF£75.11£140.53£251.6477
Growth DCF£74.03£132.58£227.6976
Residual Income£15.65£16.43£17.6876
All 24 models by family
DCF Models
FCF DCF£75.11£140.53£251.6477
Owner Earnings£38.68£74.94£136.5473
5Y Revenue Exit£57.98£104.08£166.4571
5Y EBITDA Exit£82.56£155.34£247.4973
5Y P/E Exit£21.90£28.83£35.2972
10Y Revenue Exit£61.27£106.72£176.1665
10Y EBITDA Exit£79.16£143.65£243.1866
10Y P/E Exit£39.67£52.50£67.7065
Earnings-Based
Graham-Dodd£1.06£5.14£7.0864
Lynch FV£1.98£2.83£3.6861
PEG = 1.0£1.98£2.83£3.6857
EPV£40.70£48.16£54.5974
Dividend Discount
Gordon GGM£27.92£55.54£83.9767
DDM Multi-Stage£27.92£48.04£58.6467
Multiples
P/E Multiple£2.46£3.28£4.1063
P/S Multiple£1.99£2.66£3.3258
EV/EBIT£65.60£92.11£118.6165
EV/EBITDA£86.64£120.16£153.6867
EV/Revenue£42.83£67.16£91.4853
Growth DCF
Growth DCF£74.03£132.58£227.6976
Rev-Margin DCF£57.98£103.17£162.3771
Economic Profit
Residual Income£15.65£16.43£17.6876
ROIC Compounder£46.15£64.57£89.2071
Growth Earnings
Growth-Adj P/E£2.14£3.06£3.9767
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.1%
Start year 2020 (pandemic). Over 10 years: +5.4% a year
Revenue growth 33 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+25.0%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
+8.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+5.6%
Dividend (yield on the price)3.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−45.6% vs −23.3%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.3% → 4%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+3.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +0.9% a year for the price and +0.3% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (18 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Refocusing on energy distribution after divesting Nexora simplifies operations and capital use, yet heightens reliance on volumes and margins that have shown softness.
Main risk: Stricter carbon taxes, emission standards and local bans on fossil-fuel heating could reduce demand for DCC's core liquid gas and fuel distribution, hitting volumes and margins in its energy products segment.
Bull case: DCC could expand its energy services and renewables offerings faster than traditional fuel volumes decline, using its distribution scale and customer base to capture transition demand and maintain returns.
Bear case: If policy shifts accelerate the move away from liquid fuels without sufficient offset from new services, DCC's narrowed energy focus could face sustained volume pressure and lower capital returns in its core segments.
DCC Energy is divesting its Nexora technology unit to concentrate solely on energy distribution just as its takeover advances. This refocus aims to simplify the business model and improve capital use but heightens reliance on energy volumes and services margins that have shown softness. Will the leaner energy platform drive stronger returns on capital or will the narrowed scope amplify setbacks in the core segments?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Oil & Gas Refining & Marketing · 120 stocks
Beats the industry median on 2/11 measures
Overall it trails its industry peers.
Valuation
Quality Score61 · Above median
Fair Value upside+60.0% · Top 25%
Profitability
Return on equity (12 months)10.4% · Below median
Return on assets0.2% · Below median
Net margin (12 months)0.1% · Bottom 25%
Operating margin (12 months)4.7% · Below median
Growth and dividend
Revenue growth (quarter YoY)1.3% · Bottom 25%
Dividend yield (12 months)3.2% · Below median
Balance sheet
Debt / equity0.73× · Above median
Valuation Multiplesvs Oil & Gas Refining & Marketing median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "DCC plc Fair Value". https://www.fairvalue-calculator.com/stock/DCC.LSE
Frequently asked questions
Is DCC plc (DCC) overvalued or undervalued?
As of Nov 12, 2026, our model estimates a fair value of £103.28 versus a price of £64.55, about +60% upside (undervalued).
What is the fair value of DCC?
Our model-based fair value for DCC plc is £103.28 (as of Nov 12, 2026), built from audited fundamentals. The current price: £64.55.
What is the quality score of DCC?
DCC plc has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for DCC plc (DCC)?
Our model-based price target is the fair value of £103.28 (as of Nov 12, 2026) from 24 valuation models. Cautious scenario £65.86, optimistic scenario £140.68. It is a calculation from audited fundamentals, not an analyst target.
What is the DCC plc stock forecast for 2026?
Our models put fair value at £103.28, about +60% upside versus a price of £64.55 (undervalued). Cautious scenario £65.86, optimistic scenario £140.68. The calculation is refreshed regularly with new filings.
What is the revenue of DCC plc (DCC)?
DCC plc reported trailing-twelve-month revenue of about £15.4B (latest available figure, as of Nov 12, 2026).
Does DCC plc pay a dividend?
DCC plc currently shows a dividend yield of 3.25% relative to its recent price (as of Nov 12, 2026).
How much is the dividend of DCC plc (DCC) and when is the ex-dividend date?
DCC plc pays a dividend of £2.10 per share a year, a dividend yield of 3.2%. The last ex-dividend date was May 28, 2026. A dividend has been paid every year since at least 1994. The payout ratio is 58.9% of earnings. Free cash flow covers the dividend 2.65 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into DCC plc (DCC)?
For today's price to be fair in a discounted-cash-flow model, DCC plc would have to grow free cash flow by +3.2 % per year for five years (discount rate 9.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.9 % per year. As of Nov 12, 2026.
What discount rate (WACC) does the fair value of DCC use?
Our models discount DCC plc at 9.5 %: a base by market capitalisation (mid), damped by beta 0.70, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For DCC plc that is +3.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.5 %) and the same formula as our fair value.
How much growth has DCC plc (DCC) delivered so far?
Over the past 5 years revenue at DCC plc grew +2.9 % a year. The price currently implies free-cash-flow growth of +3.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of DCC plc (DCC) growing?
The median revenue growth in the sector is +7.9 % a year. That is the yardstick for the growth priced into DCC plc (+3.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of DCC plc (DCC)?
The free-cash-flow yield on the price is 7.79 %: that much free cash flow DCC plc produces per unit of market value. When it exceeds the discount rate of our models (9.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of DCC plc (DCC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For DCC plc it is £103.28 per share (as of Nov 12, 2026), against a price of £64.55. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings).
Is DCC plc stock overvalued or undervalued in 2026?
As of Nov 12, 2026, DCC trades below its calculated fair value: price £64.55, fair value £103.28, a gap of about +60% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of DCC?
No. The price is what the market pays today (£64.55); the fair value is what the company's own numbers justify (£103.28). For DCC plc the two are £38.73 per share apart. That gap is exactly why we show both numbers side by side.
How much is DCC plc worth?
The market values DCC plc at about £6.1B (market capitalisation, as of Nov 12, 2026). Per share that is £64.55; our models calculate a fair value of £103.28 per share.
What do the bullish and bearish scenarios say about DCC?
Our models span a range for DCC plc: cautious scenario £65.86, base £103.28, optimistic £140.68 per share (as of Nov 12, 2026, price £64.55). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DCC?
DCC plc trades at a price-to-earnings ratio of 18.1 (as of Nov 12, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £103.28 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings: 21.8. Other multiples: PEG 3.1.
What is the PEG ratio of DCC?
The PEG ratio of DCC plc is 3.12 (P/E divided by earnings growth, as of Nov 12, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of DCC plc (DCC)?
Balance-sheet figures for DCC plc (as of Nov 12, 2026): return on equity 10.4%, debt of 0.73 per unit of equity. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is DCC from its 52-week high?
DCC plc trades at £64.55, at its 52-week high of £64.60 and 52% above the low of £42.44 (as of Nov 12, 2026). Distance from the high says nothing about value: that is what the fair value of £103.28 is for.
Which stocks are comparable to DCC plc?
From the same area (Energy) we also value Reliance Industries Limited, Valero Energy Corporation, Phillips 66, Marathon Petroleum Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is DCC plc stock attractive at the current price?
The data as of Nov 12, 2026: price £64.55, calculated fair value £103.28 (+60%), Quality Score 61/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of DCC calculated?
We run DCC plc through 24 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of £103.28 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.3% above its aggregate fair value. DCC plc currently trades 38% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of DCC plc (DCC)?
The closing price on Nov 12, 2026 was £64.55. Our model-based fair value is £103.28, about +60% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with DCC plc right now?
Solid quality (61/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (£65.86 to £140.68) leaves room in how you read the outcome.
Where does the earnings growth of DCC plc (DCC) come from?
Earnings per share at DCC plc grew −1.0 % a year from 2015 to 2026. Broken into its drivers: revenue per share +4.0 %, EBIT margin +3.0 %, tax rate −2.2 %, residual (interest, one-offs) −5.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of DCC plc
How large is the market capitalisation of DCC plc (DCC)?
The market capitalisation of DCC plc is £6.1B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of DCC plc (DCC)?
The price-to-sales ratio of DCC plc is 0.02 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of DCC plc (DCC)?
Earnings per share at DCC plc are £3.56 (price ÷ EPS = P/E 18.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of DCC plc (DCC)?
The dividend yield of DCC plc is 3.2% (payout 58.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of DCC plc (DCC)?
The net margin of DCC plc is 0.1% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of DCC plc (DCC)?
The return on equity (ROE) of DCC plc is 10.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of DCC plc (DCC)?
On an EBIT basis the return on assets of DCC plc is 5.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of DCC plc (DCC)?
The operating margin of DCC plc is 4.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at DCC plc (DCC)?
Revenue at DCC plc is growing +1.3% versus a year earlier (3y avg −11.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at DCC plc (DCC)?
Earnings per share at DCC plc are growing +95.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does DCC plc (DCC) carry?
The net debt of DCC plc is £1.2B (fiscal year 2026, ≈ 2.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Why does DCC plc not meet the fair value rule although the fair value shown is higher?
Trough year lifted: £67.16 → £103.28. The latest year was a trough or loss year. So we calculate with a normal year: £103.28 instead of £67.16. As in the backtest, the fair value rule checks the value before: +4% against the price.
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Some data
Nov 12, 2026