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Volution Group (FAN) Fair Value & Analysis

Industrials · GB · Market cap 1.2B GBX

VG Volution Group FAN · LSE
Price£5.96
Fair Value£4.40
Upside-26.2%
Quality95/100
Evidence: High Range £3.30 – £5.51

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Share price −0.8% over the past month.

Price vs Fair Value (12 months)

£6.92 £5.46 Fair Value £4.40 Jun 2025 Jun 2026

12‑month range £5.46 – £6.92 · fair‑value band £3.30 – £5.51 · the £5.96 price screens above the £4.40 fair value. As of Jun 24, 2026.

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Analysis

Volution Group (FAN) currently trades at £5.96, while our model-based Fair Value estimate is £4.40 — implying the stock looks roughly 26.2% overvalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Volution Group generated revenue of £460M at a net margin of 11.2%. Revenue grew 21.7% year over year. It earns a return on equity of 19.1%. Net debt stands at £165M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 460M GBX
Revenue growth (YoY) +21.7%
Net margin 11.2%
Return on equity 19.1%
Free cash flow 78.4M GBX FY2025
P/E ratio 23.3
More key figures
Operating margin 20.0%
EPS (TTM) £0.2600
Dividend yield 1.9%
EPS growth (YoY) +52.1%
Net debt 165M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Volution Group plc, together with its subsidiaries, engages in the manufacture and supply of ventilation products to residential and commercial constructions in the United Kingdom, Continental Europe, and Australasia. It provides unitary and central extractor fans, positive input systems, mechanical heat recovery units with and without active cooling, localized cooling fans and various ancillaries for use in houses, apartments, care applications, hotels, and more; air movement solutions, including extract and supply fans and systems, mechanical heat recovery units, air handling units, fan coils, hybrid ventilation solutions, acoustic solutions, and heat recovery cells for healthcare, education, offices, car parks, data centres, airports, tunnel ventilation, mining, and other applications. The company sells its products principally under the Vent-Axia, Manrose, Diffusion, Airtech, National Ventilation, Breathing Buildings, Torin, Fresh, PAX, VoltAir, Kair, Air Connection, inVENTer, V…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Volution Group reported revenue of £419M in FY2025 versus £273M in FY2021, a compound +11.4%/yr. Reported net income was £41.5M in FY2025, compounding +18.8%/yr from FY2021.

Revenue +11.4%/yr
FY21 £273M
FY22 £308M
FY23 £328M
FY24 £348M
FY25 £419M
Net income +18.8%/yr
FY21 £20.8M
FY22 £35.6M
FY23 £37.4M
FY24 £42.8M
FY25 £41.5M

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Similar stocks

6 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $456.84 $192.91 -58%
Johnson Controls International plc JCI $143.65 $28.67 -80%
Carrier Global Corporation CARR $71.85 $17.22 -76%
Compagnie de Saint-Gobain S.A CODGF $91.30 $94.11 +3%
Daikin Industries,Ltd. DKILF $149.65 $113.38 -24%
Geberit AG GBERF $661.46 $347.91 -47%

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Frequently asked questions

Is Volution Group (FAN) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £4.40 versus a price of £5.96 — about −26% (overvalued). Model-based estimate, not financial advice.
What is the fair value of FAN?
Our 21-model fair value for Volution Group is £4.40 (as of Jun 24, 2026), built from audited fundamentals. The current price is £5.96.
What is the quality score of FAN?
Volution Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Volution Group (FAN)?
Volution Group reported trailing-twelve-month revenue of about £460M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of FAN?
The net profit margin of Volution Group is about 11.2%, meaning it keeps roughly 11.2% of revenue as net income. Based on the latest reported figures.
Does Volution Group pay a dividend?
Volution Group currently shows a dividend yield of about 1.91% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.