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M.P.Evans Group (MPE) Fair Value & Analysis

Consumer Defensive · GB · Market cap 867M GBX

MP M.P.Evans Group MPE · LSE
Price£17.50
Fair Value£18.85
Upside+7.7%
Quality81/100
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Strengths

Healthy Growth
Highly profitable · 30.0% net margin
Low debt · generates free cash flow
Ranks above peers (9/14)

Risks

!Weak on future: 7 out of 100
Healthy Growth
Highly profitable · 30.0% net margin
Low debt · generates free cash flow
4.96% dividend yield
Ranks above peers (9/14)
Wide moat 82/100
Evidence: High Range £11.88 – £23.56 Share as image

Fair value as of: Aug 20, 2026

From 26 valuation models · updated yesterday

Fair value updated Aug 20, 2026, revised from £43.16 to £18.85 (−56.3%) since Aug 13, 2026. Share price +3.4% over the past month.

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

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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 (£11.88 to £23.56) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

£19.00 £5.28 Fair Value £18.85 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range £5.28 – £19.00 · fair‑value band £11.88 – £23.56 · the £17.50 price screens below the £18.85 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

M.P.Evans Group (MPE) currently trades at £17.50, while our model-based Fair Value estimate is £18.85, implying the stock looks roughly 7.7% fairly valued today. The Quality Score stands at 81/100 (high quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, M.P.Evans Group generated revenue of £371M at a net margin of 30.0%. Revenue grew 1.3% year over year. It earns a return on equity of 19.8%. The balance sheet holds a net cash position of £87.5M. Fundamentals as of Aug 20, 2026

Our scenario range runs from £11.88 (bear case) to £23.56 (bull case); at £17.50, 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 Defensive peers we cover trades at 104% fair-value upside, at 8%, MPE screens richer 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 £26.01 £42.14 £66.21 80
Residual Income £12.38 £16.21 £45.17 76
Rev-Margin DCF £15.50 £22.98 £33.04 74
All 26 models by family
DCF Models
FCF DCF £26.61 £45.58 £76.09 38
Owner Earnings £26.34 £45.10 £75.28 31
5Y Revenue Exit £15.50 £22.88 £32.43 39
5Y EBITDA Exit £29.02 £51.75 £80.93 41
5Y P/E Exit £30.96 £55.88 £85.23 38
10Y Revenue Exit £19.19 £27.48 £39.53 36
10Y EBITDA Exit £27.74 £47.20 £77.92 37
10Y P/E Exit £28.93 £50.02 £81.31 35
Earnings-Based
Graham-Dodd £14.85 £77.62 £107.39 54
Lynch FV £21.29 £30.41 £39.54 50
PEG = 1.0 £21.29 £30.41 £39.54 46
EPV £18.35 £20.62 £22.52 59
Dividend Discount
Gordon GGM £5.91 £10.65 £14.66 70
DDM Multi-Stage £5.91 £9.73 £11.37 61
Multiples
P/E Multiple £34.39 £45.85 £57.31 63
P/S Multiple £8.74 £11.66 £14.57 58
P/B Multiple £27.84 £37.11 £46.39 55
EV/EBIT £35.68 £47.01 £58.35 53
EV/EBITDA £32.79 £43.16 £53.53 54
EV/Revenue £9.33 £12.61 £15.89 43
Asset-Based
NCAV (Graham) £5.77 £7.73 £11.54 50
Growth DCF
Growth DCF £26.01 £42.14 £66.21 80
Rev-Margin DCF £15.50 £22.98 £33.04 74
Economic Profit
Residual Income £12.38 £16.21 £45.17 76
ROIC Compounder £20.42 £25.97 £32.85 72
Growth Earnings
Growth-Adj P/E £31.74 £45.34 £58.95 68

Widest divergence: DCF Models (£45.58) versus Asset-Based (£7.73). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 371M GBX
Revenue growth (YoY) +1.3%
Net margin 30.0%
Return on equity 19.8%
Free cash flow 117M GBX FY2025
P/E ratio 10.9
More key figures
Operating margin 40.3%
EPS (TTM) £1.61
Dividend yield 5.0%
EPS growth (YoY) +9.3%
Net cash 87.5M GBX FY2025

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 81/100

Of which business quality 78 · Market factors (momentum, volatility) 73

Profitability 68
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 82
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 73
Price trend over the last 3–12 months (market factor)
52W Momentum 79
Distance to the 52-week high (market factor)
Net Issuance 96
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

M.P. Evans Group PLC, through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia. The company operates through Plantation and Property segments. It produces and sells crude palm oil and palm kernels.

Full company description

M.P. Evans Group PLC, through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia. The company operates through Plantation and Property segments. It produces and sells crude palm oil and palm kernels. The company is also involved in the property development; and oil-palm fresh fruit bunches production businesses, as well as provision of agronomic and management consultancy services. In addition, it manages smallholder oil palms. The company was incorporated in 1981 and is headquartered in Tunbridge Wells, the United Kingdom.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

M.P.Evans Group reported revenue of £379M in FY2025 versus £277M in FY2021, a compound +8.2%/yr. Reported net income was £113M in FY2025, compounding +7.1%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
£379M
Latest YoY
+7.4%
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.
+5.0%
Avg. growth/yr (5Y) 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.
+16.8%
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.
+12.1%
Revenue +8.2%/yr
FY21 £277M
FY22 £327M
FY23 £307M
FY24 £353M
FY25 £379M
Net income +7.1%/yr
FY21 £86.4M
FY22 £73.1M
FY23 £52.5M
FY24 £87.9M
FY25 £113M
Character of growth · EPS growth decomposed (2014-2025) +12.9 % p.a.
Revenue per share +17.8 pp

of which total revenue +17.3 pp · buybacks/dilution +0.6 pp

EBIT margin +2.3 pp
Tax rate −0.4 pp
Residual (interest, one-offs) −6.9 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).

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Cite: Fair Value Calculator (2026). "M.P.Evans Group Fair Value". https://www.fairvalue-calculator.com/stock/MPE

Peer Group

Farm Products · 305 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 81 · Top 25%
Fair Value upside +8% · Above median
Return on equity (TTM) 20% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 30% · Top 25%
Operating margin (TTM) 40% · Top 25%
Revenue growth 1% · Below median
Dividend yield (TTM) 4.6% · Above median

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 10.9× · Cheaper than median
P/B 1.97× · Pricier than 75% of peers
P/S (TTM) 3.19× · Pricier than 75% of peers
P/FCF 10.1× · Pricier than 75% of peers
EV/EBITDA 6.7× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE44 · sector 30
FUTURE7 · sector 22
PAST79 · sector 19
HEALTH100 · sector 94
DIVIDEND92 · sector 47

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

Similar stocks

10 more Farm Products stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.15 ¥47.42 +18%
PT Charoen Pokphand Indonesia Tbk, CPIN 2,960 IDR 6,818 IDR +130%
PT Triputra Agro Persada Tbk TAPG 1,805 IDR 3,087 IDR +71%
PT FAP Agri Tbk FAPA 7,350 IDR 6,420 IDR -13%
PT Japfa Comfeed Indonesia Tbk JPFA 2,260 IDR 6,974 IDR +209%
PT Jhonlin Agro Raya Tbk JARR 1,890 IDR 610.80 IDR -68%
PT Nusantara Sawit Sejahtera Tbk NSSS 860.00 IDR 402.24 IDR -53%
PT Sinar Mas Agro Resources and Technology Tbk SMAR 5,625 IDR 16,227 IDR +188%
PT Dharma Satya Nusantara Tbk DSNG 1,320 IDR 2,696 IDR +104%
PT Astra Agro Lestari Tbk AALI 7,175 IDR 16,058 IDR +124%

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Frequently asked questions

Is M.P.Evans Group (MPE) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of £18.85 versus a price of £17.50, about +8% (fairly valued).
What is the fair value of MPE?
Our model-based fair value for M.P.Evans Group is £18.85 (as of Aug 20, 2026), built from audited fundamentals. The current price: £17.50.
What is the quality score of MPE?
M.P.Evans Group has a Quality Score of 81/100. 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 M.P.Evans Group (MPE)?
M.P.Evans Group reported trailing-twelve-month revenue of about £371M (latest available figure, as of Aug 20, 2026).
What is the net profit margin of MPE?
The net profit margin of M.P.Evans Group is about 30.0%, meaning it keeps roughly 30.0% of revenue as net income. Based on the latest reported figures.
Does M.P.Evans Group pay a dividend?
M.P.Evans Group currently shows a dividend yield of about 5.40% relative to its recent price (as of Aug 20, 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.

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