Vanquis Banking Group PLC (VANQ) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Vanquis Banking Group PLC stock £0.90, price £0.43, upside +108.6%, quality 66 out of 100. Rating: strongly undervalued. Calculated from audited financials with 6 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 9, 2026.
How to read this chart
60‑month range £0.3790 – £3.19 · fair‑value band £0.6330 – £1.12 · the £0.4305 price screens below the £0.8980 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Vanquis Banking Group plc engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards, saving account, vehicle finance, loans, and mortgages.
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It also operates Snoop, a fintech app, that uses open banking to help users save money and manage their finances. Vanquis Banking Group plc was formerly known as Provident Financial plc and changed its name to Vanquis Banking Group plc in March 2023.
The company was founded in 1880 and is headquartered in Bradford, the United Kingdom.
Stock analysis
Vanquis Banking Group PLC (VANQ) currently trades at £0.4305, while our model-based Fair Value estimate is £0.8980, implying the stock looks roughly 52% undervalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of £1.44 per share, and 4 of the 6 models we run sit above the £0.4305 price.
Bear case: the Economic Profit group reads lowest at £1.07, and 2 of the 6 models stay below the price. Data coverage for this calculation is low.
Scenario range: £0.6330 (bear) to £1.12 (bull), the price of £0.4305 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 66/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Vanquis Banking Group PLC reported revenue of £606M in FY2025 versus £535M in FY2021, a compound +3.2%/yr. Reported net income was £8.7M in FY2025.
Key figures
Market cap £180M Micro · P/E ratio 14.0 · P/S ratio 0.39 · EPS (TTM) £0.0300 · Dividend yield 0.3% · Net margin 2.6% · Return on equity 2.3% · Return on assets (EBIT) 5.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 31 out of 100 (low confidence).
What moves the price
The share trades about 67% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −29% fair-value upside, at 109%, VANQ screens cheaper than that median.
Fair Value models
Bear£0.6330Fair Value £0.8980Bull£1.12
Price £0.4305 · Upside +108.6%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
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 2025 figures (about 10 months old). Earnings retained since then (£0.0257 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.
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.40/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
+32.1%
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.
+3.9%
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.
−0.3%
Start year 2020 (pandemic). Over 10 years: −5.2% a year
Revenue growth 40 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.
+3.0%
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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.
−35.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−35.8%
Dividend (yield on the price)0.3%
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.−35.8% vs −30.9%, slowing
Profit margin 2019 to 2025 ⓘ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.22% → 26%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 8.2%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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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.Banks - Regional · 996 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score66 · Top 25%
Fair Value upside+108.6% · Top 25%
Profitability
Return on equity (12 months)2.3% · Bottom 25%
Return on assets0.2% · Bottom 25%
Net margin (12 months)2.6% · Bottom 25%
Operating margin (12 months)6.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−5.6% · Bottom 25%
Dividend yield (12 months)0.3% · Bottom 25%
Valuation Multiplesvs Banks - Regional 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). "Vanquis Banking Group PLC Fair Value". https://www.fairvalue-calculator.com/stock/VANQ
Frequently asked questions
Is Vanquis Banking Group PLC (VANQ) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of £0.8980 versus a price of £0.4305, about +109% upside (undervalued).
What is the fair value of VANQ?
Our model-based fair value for Vanquis Banking Group PLC is £0.8980 (as of Nov 9, 2026), built from audited fundamentals. The current price: £0.4305.
What is the quality score of VANQ?
Vanquis Banking Group PLC has a Quality Score of 66/100. 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 Vanquis Banking Group PLC (VANQ)?
Our model-based price target is the fair value of £0.8980 (as of Nov 9, 2026) from 6 valuation models. Cautious scenario £0.6330, optimistic scenario £1.12. It is a calculation from audited fundamentals, not an analyst target.
What is the Vanquis Banking Group PLC stock forecast for 2026?
Our models put fair value at £0.8980, about +109% upside versus a price of £0.4305 (undervalued). Cautious scenario £0.6330, optimistic scenario £1.12. The calculation is refreshed regularly with new filings.
What is the revenue of Vanquis Banking Group PLC (VANQ)?
Vanquis Banking Group PLC reported trailing-twelve-month revenue of about £268M (latest available figure, as of Nov 9, 2026).
Does Vanquis Banking Group PLC pay a dividend?
Vanquis Banking Group PLC currently shows a dividend yield of 0.28% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Vanquis Banking Group PLC (VANQ)?
Vanquis Banking Group PLC has a dividend yield of 0.3%.
What is the intrinsic value of Vanquis Banking Group PLC (VANQ)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vanquis Banking Group PLC it is £0.8980 per share (as of Nov 9, 2026), against a price of £0.4305. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Vanquis Banking Group PLC stock overvalued or undervalued in 2026?
As of Nov 9, 2026, VANQ trades below its calculated fair value: price £0.4305, fair value £0.8980, a gap of about +109% (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 VANQ?
No. The price is what the market pays today (£0.4305); the fair value is what the company's own numbers justify (£0.8980). For Vanquis Banking Group PLC the two are £0.4675 per share apart. That gap is exactly why we show both numbers side by side.
How much is Vanquis Banking Group PLC worth?
The market values Vanquis Banking Group PLC at about £180M (market capitalisation, as of Nov 9, 2026). Per share that is £0.4305; our models calculate a fair value of £0.8980 per share.
What do the bullish and bearish scenarios say about VANQ?
Our models span a range for Vanquis Banking Group PLC: cautious scenario £0.6330, base £0.8980, optimistic £1.12 per share (as of Nov 9, 2026, price £0.4305). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of VANQ?
Vanquis Banking Group PLC trades at a price-to-earnings ratio of 14.0 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £0.8980 is built from several models across several years. Other multiples: PEG 1.9, P/B 0.4, P/S 0.7.
What is the PEG ratio of VANQ?
The PEG ratio of Vanquis Banking Group PLC is 1.88 (P/E divided by earnings growth, as of Nov 9, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Vanquis Banking Group PLC (VANQ)?
Balance-sheet figures for Vanquis Banking Group PLC (as of Nov 9, 2026): return on equity 2.3%. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is VANQ from its 52-week high?
Vanquis Banking Group PLC trades at £0.4305, about 67% below its 52-week high of £1.31 and at the low of £0.4305 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of £0.8980 is for.
Which stocks are comparable to Vanquis Banking Group PLC?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, 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 Vanquis Banking Group PLC stock attractive at the current price?
The data as of Nov 9, 2026: price £0.4305, calculated fair value £0.8980 (+109%), Quality Score 66/100, from 6 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 VANQ calculated?
We run Vanquis Banking Group PLC through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of £0.8980 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 13.3% above its aggregate fair value. Vanquis Banking Group PLC currently trades 52% 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 Vanquis Banking Group PLC (VANQ)?
The closing price on Nov 9, 2026 was £0.4305. Our model-based fair value is £0.8980, about +109% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vanquis Banking Group PLC right now?
The price is below even our cautious bear case (£0.6330). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Vanquis Banking Group PLC
How large is the market capitalisation of Vanquis Banking Group PLC (VANQ)?
The market capitalisation of Vanquis Banking Group PLC is £180M. 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 Vanquis Banking Group PLC (VANQ)?
The price-to-sales ratio of Vanquis Banking Group PLC is 0.39 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Vanquis Banking Group PLC (VANQ)?
Earnings per share at Vanquis Banking Group PLC are £0.0300 (price ÷ EPS = P/E 14.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Vanquis Banking Group PLC (VANQ)?
The dividend yield of Vanquis Banking Group PLC is 0.3% (payout 4.0%). 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 Vanquis Banking Group PLC (VANQ)?
The net margin of Vanquis Banking Group PLC is 2.6% (last twelve months). 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 Vanquis Banking Group PLC (VANQ)?
The return on equity (ROE) of Vanquis Banking Group PLC is 2.3% (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 Vanquis Banking Group PLC (VANQ)?
On an EBIT basis the return on assets of Vanquis Banking Group PLC is 5.9% (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 Vanquis Banking Group PLC (VANQ)?
The operating margin of Vanquis Banking Group PLC is 6.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vanquis Banking Group PLC (VANQ)?
Revenue at Vanquis Banking Group PLC is growing −5.6% versus a year earlier (3y avg +3.9%). 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 Vanquis Banking Group PLC (VANQ)?
Earnings per share at Vanquis Banking Group PLC are growing −21.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Vanquis Banking Group PLC (VANQ) generate?
The free cash flow of Vanquis Banking Group PLC is £89.7M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Vanquis Banking Group PLC (VANQ) carry?
The net debt of Vanquis Banking Group PLC is £2.6B (fiscal year 2025, ≈ 29.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 9, 2026