Journeo PLC (JNEO) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Journeo PLC stock £6.55, price £5.45, upside +20.2%, quality 62 out of 100. Rating: undervalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range £0.9900 – £5.49 · fair‑value band £4.91 – £8.18 · the £5.45 price screens below the £6.55 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
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Journeo plc provides solutions to the transport community that captures, processes, and displays essential information to enhance journeys in the United Kingdom and internationally.
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The company operates through the Crime and Fire Defence Systems, Fleet Systems, Infotec, Journeo A/S, and Passenger Systems segments.
It offers EPI, a cloud-based passenger information software, as well as the Journeo portal, which provides Journeo Transit, remote condition monitoring, video management, passenger count, and telematics and driver behavior services.
The company also provides solutions for buses, coaches, and rail vehicles, including real-time and historical passenger data, CCTV, camera monitor systems, blind spot information systems, driver displays, next-stop announcement displays, and on-board Wi-Fi services, as well as station information security systems and GPS asset tracking.
In addition, it offers passenger transport infrastructure technology, such as interactive totems, LED displays, low-power displays, LCD displays, and sustainable RTPI displays.
Further, the company provides consultation, software development and technology integration, product development, installation, testing, and commissioning, maintenance, and support services.
The company was formerly known as 21st Century Technology plc and changed its name to Journeo plc in October 2019. Journeo plc was founded in 1993 and is headquartered in Ashby-de-la-Zouch, the United Kingdom.
Stock analysis
Journeo PLC (JNEO) currently trades at £5.45, while our model-based Fair Value estimate is £6.55, implying the stock looks roughly 17% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of £7.31 per share, and 14 of the 24 models we run sit above the £5.45 price.
Bear case: the Economic Profit group reads lowest at £2.33, and 10 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: £4.91 (bear) to £8.18 (bull), the price of £5.45 sits inside 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 62/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Journeo PLC reported revenue of £55.0M in FY2025 versus £15.6M in FY2021, a compound +37.1%/yr. Reported net income was £4.2M in FY2025, compounding +78.7%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap £95.0M Micro · P/E ratio 21.8 · P/S ratio 1.40 · EPS (TTM) £0.2500 · Net margin 6.4% · Return on equity 19.3% · Return on assets (EBIT) 9.0% (5-year average) · Operating margin 7.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 1% below its 52-week high and 45% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 1% fair-value upside, at 20%, JNEO screens cheaper than that median.
Fair Value models
Bear£4.91Fair Value £6.55Bull£8.18
Price £5.45 · Upside +20.2%
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 (£0.2137 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.95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+11.0%
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.
+37.6%
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.
+32.2%
Start year 2020 (pandemic). Over 10 years: +16.2% a year
Revenue growth 30 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.
+25.6%
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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.
+47.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+47.9%
Dividend (yield on the price)0.0%
Profit margin 2020 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.3% → 10%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
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).
+2.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about −0.3% a year for the price.
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.Security & Protection Services · 105 stocks
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). "Journeo PLC Fair Value". https://www.fairvalue-calculator.com/stock/JNEO
Frequently asked questions
Is Journeo PLC (JNEO) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of £6.55 versus a price of £5.45, about +20% upside (undervalued).
What is the fair value of JNEO?
Our model-based fair value for Journeo PLC is £6.55 (as of Nov 8, 2026), built from audited fundamentals. The current price: £5.45.
What is the quality score of JNEO?
Journeo PLC has a Quality Score of 62/100. 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 Journeo PLC (JNEO)?
Our model-based price target is the fair value of £6.55 (as of Nov 8, 2026) from 24 valuation models. Cautious scenario £4.91, optimistic scenario £8.18. It is a calculation from audited fundamentals, not an analyst target.
What is the Journeo PLC stock forecast for 2026?
Our models put fair value at £6.55, about +20% upside versus a price of £5.45 (undervalued). Cautious scenario £4.91, optimistic scenario £8.18. The calculation is refreshed regularly with new filings.
What is the revenue of Journeo PLC (JNEO)?
Journeo PLC reported trailing-twelve-month revenue of about £68.1M (latest available figure, as of Nov 8, 2026).
What growth is priced into Journeo PLC (JNEO)?
For today's price to be fair in a discounted-cash-flow model, Journeo PLC would have to grow free cash flow by +2.0 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +32.2 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of JNEO use?
Our models discount Journeo PLC at 11.8 %: a base by market capitalisation (micro), damped by beta 0.27, 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 Journeo PLC that is +2.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has Journeo PLC (JNEO) delivered so far?
Over the past 5 years revenue at Journeo PLC grew +32.2 % a year. The price currently implies free-cash-flow growth of +2.0 % 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 Journeo PLC (JNEO) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Journeo PLC (+2.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Journeo PLC (JNEO)?
The free-cash-flow yield on the price is 8.39 %: that much free cash flow Journeo PLC produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Journeo PLC (JNEO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Journeo PLC it is £6.55 per share (as of Nov 8, 2026), against a price of £5.45. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Journeo PLC stock overvalued or undervalued in 2026?
As of Nov 8, 2026, JNEO trades below its calculated fair value: price £5.45, fair value £6.55, a gap of about +20% (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 JNEO?
No. The price is what the market pays today (£5.45); the fair value is what the company's own numbers justify (£6.55). For Journeo PLC the two are £1.10 per share apart. That gap is exactly why we show both numbers side by side.
How much is Journeo PLC worth?
The market values Journeo PLC at about £95.0M (market capitalisation, as of Nov 8, 2026). Per share that is £5.45; our models calculate a fair value of £6.55 per share.
What do the bullish and bearish scenarios say about JNEO?
Our models span a range for Journeo PLC: cautious scenario £4.91, base £6.55, optimistic £8.18 per share (as of Nov 8, 2026, price £5.45). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of JNEO?
Journeo PLC trades at a price-to-earnings ratio of 21.8 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £6.55 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 21.3 (reported for FY2025: 22.7). Other multiples: P/B 4.1, P/S 1.4, EV/EBITDA 11.7.
How solid is the balance sheet of Journeo PLC (JNEO)?
Balance-sheet figures for Journeo PLC (as of Nov 8, 2026): return on equity 19.3%, debt of 0.01 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is JNEO from its 52-week high?
Journeo PLC trades at £5.45, about 1% below its 52-week high of £5.49 and 45% above the low of £3.75 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of £6.55 is for.
Which stocks are comparable to Journeo PLC?
From the same area (Industrials) we also value Allegion plc, ADT Inc, Zhejiang Dahua Technology Co, MSA Safety Incorporated, 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 Journeo PLC stock attractive at the current price?
The data as of Nov 8, 2026: price £5.45, calculated fair value £6.55 (+20%), Quality Score 62/100, 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 JNEO calculated?
We run Journeo PLC through 24 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of £6.55 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. Journeo PLC currently trades 17% 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 Journeo PLC (JNEO)?
The closing price on Nov 6, 2026 was £5.45. Our model-based fair value is £6.55, about +20% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Journeo PLC right now?
Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Journeo PLC
How large is the market capitalisation of Journeo PLC (JNEO)?
The market capitalisation of Journeo PLC is £95.0M. 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 Journeo PLC (JNEO)?
The price-to-sales ratio of Journeo PLC is 1.40 (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 Journeo PLC (JNEO)?
Earnings per share at Journeo PLC are £0.2500 (price ÷ EPS = P/E 21.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Journeo PLC (JNEO)?
The net margin of Journeo PLC is 6.4% (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 Journeo PLC (JNEO)?
The return on equity (ROE) of Journeo PLC is 19.3% (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 Journeo PLC (JNEO)?
On an EBIT basis the return on assets of Journeo PLC is 9.0% (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 Journeo PLC (JNEO)?
The operating margin of Journeo PLC is 7.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Journeo PLC (JNEO)?
Revenue at Journeo PLC is growing +53.2% versus a year earlier (3y avg +37.6%). 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 Journeo PLC (JNEO)?
Earnings per share at Journeo PLC are growing +8.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Journeo PLC (JNEO) hold?
Journeo PLC holds more cash than debt, £10.3M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Nov 8, 2026