EN DE

Fuller, Smith & Turner P.L.C. (FSTA) Fair Value & Analysis

Consumer Cyclical · GB · Market cap 383M GBX

FS Fuller, Smith & Turner P.L.C. FSTA · LSE
Price£7.38
Fair Value£6.99
Upside-5.3%
Quality58/100
Watch Fuller, Smith & Turner P.L.C. for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 5.3% net margin
Low debt · generates free cash flow
2.86% dividend yield
Mixed vs. peers (7/14)
Narrow moat 40/100
Evidence: High Range £5.51 – £10.61 Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from £6.78 to £6.99 (+3.1%) since Jul 5, 2026. Share price +3.1% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (£5.51 to £10.61) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

£8.16 £3.99 Fair Value £6.99 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range £3.99 – £8.16 · fair‑value band £5.51 – £10.61 · the £7.38 price screens above the £6.99 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Fuller, Smith & Turner P.L.C. (FSTA) currently trades at £7.38, while our model-based Fair Value estimate is £6.99, implying the stock looks roughly 5.3% fairly valued today. The Quality Score stands at 58/100 (solid quality), in the Consumer Cyclical 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, Fuller, Smith & Turner P.L.C. generated revenue of £390M at a net margin of 5.3%. Revenue grew 6.9% year over year. It earns a return on equity of 4.8%. Net debt stands at £202M. Fundamentals as of Jul 16, 2026

Our scenario range runs from £5.51 (bear case) to £10.61 (bull case); at £7.38, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Cyclical peers we cover trades at -47% fair-value upside, at -5%, FSTA screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF £5.75 £10.70 £17.35 80
Residual Income £9.59 £9.50 £8.49 76
Rev-Margin DCF £5.81 £12.23 £19.93 74
All 24 models by family
DCF Models
FCF DCF £5.76 £11.08 £18.54 38
Owner Earnings £0.5600 £2.98 31
5Y Revenue Exit £5.81 £12.26 £20.62 39
5Y EBITDA Exit £11.33 £22.93 £36.87 41
5Y P/E Exit £5.67 £11.98 £18.76 38
10Y Revenue Exit £5.37 £10.99 £18.82 36
10Y EBITDA Exit £8.92 £17.89 £30.51 37
10Y P/E Exit £5.57 £10.81 £17.48 35
Earnings-Based
Graham-Dodd £4.66 £16.99 £22.93 54
Lynch FV £4.04 £5.78 £7.51 50
PEG = 1.0 £4.04 £5.78 £7.51 46
EPV £5.23 £6.55 £7.66 59
Multiples
P/E Multiple £11.30 £15.06 £18.83 63
P/S Multiple £8.73 £11.64 £14.55 58
P/B Multiple £8.73 £11.64 £14.55 55
EV/EBIT £15.53 £22.20 £28.87 53
EV/EBITDA £17.20 £24.42 £31.65 54
EV/Revenue £6.31 £10.93 £15.56 43
Asset-Based
NCAV (Graham) £6.63 £8.88 £13.25 50
Growth DCF
Growth DCF £5.75 £10.70 £17.35 80
Rev-Margin DCF £5.81 £12.23 £19.93 74
Economic Profit
Residual Income £9.59 £9.50 £8.49 76
ROIC Compounder £5.23 £6.55 £7.66 72
Growth Earnings
Growth-Adj P/E £7.84 £11.20 £14.56 68

Widest divergence: Multiples (£11.64) versus Earnings-Based (£5.78). Highest evidence: Growth DCF (80).

Notify me when FSTA reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 398M GBX
Revenue growth (YoY) +4.4%
Net margin 5.3%
Return on equity 5.2%
Free cash flow 32.4M GBX FY2026
P/E ratio 18.7
More key figures
Operating margin 9.3%
EPS (TTM) £0.3900
Dividend yield 2.9%
EPS growth (YoY) +16.3%
Net debt 202M GBX FY2026

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 56 · Market factors (momentum, volatility) 70

Profitability 28
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 62
Price trend over the last 3–12 months (market factor)
52W Momentum 79
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Fuller, Smith & Turner P.L.C. operates pubs and hotels in the United Kingdom. It operates through Managed Pubs and Hotels, and Tenanted Inns segments. The company also operates pubs operated by third parties under tenancy or lease agreements; Bel & The Dragon, Cotswold Inns & Hotels, and Lovely Pubs; and managed houses services. Fuller, Smith & Turner P.L.C.

Full company description

Fuller, Smith & Turner P.L.C. operates pubs and hotels in the United Kingdom. It operates through Managed Pubs and Hotels, and Tenanted Inns segments. The company also operates pubs operated by third parties under tenancy or lease agreements; Bel & The Dragon, Cotswold Inns & Hotels, and Lovely Pubs; and managed houses services. Fuller, Smith & Turner P.L.C. was founded in 1845 and is based in London, the United Kingdom.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Fuller, Smith & Turner P.L.C. reported revenue of £398M in FY2026 versus £254M in FY2022, a compound +11.9%/yr. Reported net income was £21.2M in FY2026, compounding +31.5%/yr from FY2022.

Growth Quality 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
£398M
Latest YoY
+5.7%
Avg. growth/yr (3Y) 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.
+5.7%
Avg. growth/yr (40Y) 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.
+5.9%
Revenue +11.9%/yr
FY22 £254M
FY23 £337M
FY24 £359M
FY25 £376M
FY26 £398M
Net income +31.5%/yr
FY22 £7.1M
FY23 £7.9M
FY24 £9.1M
FY25 £27.2M
FY26 £21.2M
Character of growth · EPS growth decomposed (2015-2026) −5.6 % p.a.
Revenue per share +0.4 pp

of which total revenue +0.7 pp · buybacks/dilution −0.3 pp

EBIT margin −3.9 pp
Tax rate −1.1 pp
Residual (interest, one-offs) −1.0 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch FSTA: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Fuller, Smith & Turner P.L.C. Fair Value". https://www.fairvalue-calculator.com/stock/FSTA

Peer Group

Restaurants · 227 stocks

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.

Quality Score 58 · Above median
Fair Value upside −5% · Below median
Return on equity (TTM) 5% · Above median
Return on assets 4% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth 4% · Above median
Dividend yield (TTM) 2.9% · Below median
Debt / equity 0.36× · Higher than median

Valuation Multiples vs Restaurants median · lower = cheaper

P/E (TTM) 18.7× · Pricier than median
P/B 1.26× · Cheaper than median
P/S (TTM) 1.30× · Pricier than 75% of peers
P/FCF 16.0× · Pricier than 75% of peers
EV/EBITDA 9.6× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 26 · sector 28
FUTURE 22 · sector 20
PAST 21 · sector 16
HEALTH 82 · sector 97
DIVIDEND 57 · sector 58

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Restaurants stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
McDonald's Corporation MCDS C$24.01 C$10.84 -55%
Starbucks Corporation SBUX $105.49 $35.83 -66%
Chipotle Mexican Grill, Inc CMG $34.63 $18.43 -47%
Yum! Brands, Inc YUM $163.54 $59.66 -64%
Restaurant Brands International Inc QSR C$104.19 C$36.37 -65%
Darden Restaurants, Inc DRI $195.74 $173.68 -11%
Yum China Holdings YUMC $43.90 $55.10 +26%
Texas Roadhouse, Inc TXRH $197.03 $104.89 -47%
Dutch Bros Inc BROS $68.36 $12.80 -81%
Domino's Pizza, Inc DPZ $322.18 $231.96 -28%

Compare Fuller, Smith & Turner P.L.C. with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Fuller, Smith & Turner P.L.C. (FSTA) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of £6.99 versus a price of £7.38, about −5% (fairly valued).
What is the fair value of FSTA?
Our model-based fair value for Fuller, Smith & Turner P.L.C. is £6.99 (as of Jul 16, 2026), built from audited fundamentals. The current price is £7.38.
What is the quality score of FSTA?
Fuller, Smith & Turner P.L.C. has a Quality Score of 58/100. 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 revenue of Fuller, Smith & Turner P.L.C. (FSTA)?
Fuller, Smith & Turner P.L.C. reported trailing-twelve-month revenue of about £390M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of FSTA?
The net profit margin of Fuller, Smith & Turner P.L.C. is about 5.3%, meaning it keeps roughly 5.3% of revenue as net income. Based on the latest reported figures.
Does Fuller, Smith & Turner P.L.C. pay a dividend?
Fuller, Smith & Turner P.L.C. currently shows a dividend yield of about 3.00% relative to its recent price (as of Jul 16, 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.

14 days Pro free · no card

Track Fuller, Smith & Turner P.L.C. and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.