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Trustpilot Group (TRST) Fair Value & Analysis

Technology · GB · Market cap 977M GBX

TG Trustpilot Group TRST · LSE
Price£2.37
Fair Value£0.6100
Upside-74.3%
Quality95/100
Evidence: High Range £0.4500 – £0.7700

Fair value as of: Jun 24, 2026

From 22 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from £0.6200 to £0.6100 (−1.6%) since Jun 23, 2026. Share price +6.0% over the past month.

Price vs Fair Value (12 months)

£2.55 £1.21 Fair Value £0.6100 Jun 2025 Jun 2026

12‑month range £1.21 – £2.55 · fair‑value band £0.4500 – £0.7700 · the £2.37 price screens above the £0.6100 fair value. As of Jun 24, 2026.

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Analysis

Trustpilot Group (TRST) currently trades at £2.37, while our model-based Fair Value estimate is £0.6100 — implying the stock looks roughly 74.3% overvalued today. We read business quality at 95/100 (high quality), in the Technology 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, Trustpilot Group generated revenue of £261M at a net margin of 3.0%. Revenue grew 24.6% year over year. It earns a return on equity of 44.8%. The balance sheet holds a net cash position of £29.5M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 261M GBX
Revenue growth (YoY) +24.6%
Net margin 3.0%
Return on equity 44.8%
Free cash flow 59.8M GBX FY2025
P/E ratio 252.6
More key figures
Operating margin 7.8%
EPS (TTM) £0.0100
EPS growth (YoY) -64.7%
Net cash 29.5M GBX FY2025

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

About the company

Trustpilot Group plc develops and hosts an online review platform for businesses and consumers in the United Kingdom, North America, Europe, and internationally. The company's online review platform enables consumers to make purchasing decisions and businesses. It also provides software-as-a-service (SaaS). The company was founded in 2007 and is based in London, the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Trustpilot Group reported revenue of £267M in FY2025 versus £131M in FY2021, a compound +19.3%/yr. Reported net income was £7.9M in FY2025.

Revenue +19.3%/yr
FY21 £131M
FY22 £149M
FY23 £176M
FY24 £211M
FY25 £267M
Net income
FY21 −£25.9M
FY22 −£14.6M
FY23 £7.1M
FY24 £6.2M
FY25 £7.9M

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Frequently asked questions

Is Trustpilot Group (TRST) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £0.6100 versus a price of £2.37 — about −74% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TRST?
Our 21-model fair value for Trustpilot Group is £0.6100 (as of Jun 24, 2026), built from audited fundamentals. The current price is £2.37.
What is the quality score of TRST?
Trustpilot Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Trustpilot Group (TRST)?
Trustpilot Group reported trailing-twelve-month revenue of about £261M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of TRST?
The net profit margin of Trustpilot Group is about 3.0%, meaning it keeps roughly 3.0% of revenue as net income. Based on the latest reported figures.

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.