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Vp plc (VP) Fair Value & Analysis

Industrials · GB · Market cap 196M GBX

VP Vp plc VP · LSE
Price£4.83
Fair Value£4.12
Upside-14.7%
Quality40/100
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Mixed Growth
Loss-making · -1.5% net margin
Moderate debt · generates free cash flow
8.42% dividend yield
Trails peers (2/14)
Narrow moat 32/100
Evidence: High Range £2.57 – £7.44 Share as image

Fair value as of: Jul 14, 2026

From 12 valuation models · updated 27 days ago

Fair value updated Jul 14, 2026, revised from £5.46 to £4.12 (−24.5%) since Jun 24, 2026. Share price −3.4% over the past month.

Below-average quality, and screening another 15% overvalued on our models.

What matters now

  • The model range is unusually wide (£2.57 to £7.44). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Our model range runs from £2.57 (bear) to £7.44 (bull), base £4.12. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 40/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

£7.92 £4.00 Fair Value £4.12 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range £4.00 – £7.92 · fair‑value band £2.57 – £7.44 · the £4.83 price screens above the £4.12 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Vp plc (VP) currently trades at £4.83, while our model-based Fair Value estimate is £4.12, implying the stock looks roughly 14.7% overvalued today. The Quality Score stands at 40/100 (below-average 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, Vp plc generated revenue of £376M at a net margin of 2.1%. Revenue declined 2.1% year over year. It earns a return on equity of 5.3%. Net debt stands at £213M. Fundamentals as of Jul 14, 2026

Our scenario range runs from £2.57 (bear case) to £7.44 (bull case); at £4.83, 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 Industrials peers we cover trades at -21% fair-value upside, at -15%, VP 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
ROIC Compounder £2.10 £2.57 £2.94 72
Gordon GGM £2.75 £4.61 £5.98 70
DDM Multi-Stage £2.75 £4.06 £4.96 61
All 12 models by family
DCF Models
5Y Revenue Exit £1.26 £3.75 £6.97 39
5Y EBITDA Exit £9.36 £18.74 £29.77 41
10Y Revenue Exit £1.64 £4.04 36
10Y EBITDA Exit £4.42 £10.49 £18.77 37
Earnings-Based
EPV £2.10 £2.57 £2.94 59
Dividend Discount
Gordon GGM £2.75 £4.61 £5.98 70
DDM Multi-Stage £2.75 £4.06 £4.96 61
Multiples
EV/EBIT £5.91 £8.48 £11.04 53
EV/EBITDA £20.53 £27.96 £35.40 54
EV/Revenue £3.71 £6.06 £8.42 43
Asset-Based
NCAV (Graham) £1.66 £2.22 £3.32 50
Economic Profit
ROIC Compounder £2.10 £2.57 £2.94 72

Widest divergence: Multiples (£8.48) versus Asset-Based (£2.22). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 376M GBX
Revenue growth (YoY) -2.1%
Net margin 2.1%
Return on equity 5.3%
Free cash flow 1.5M GBX FY2026
P/E ratio 23.7
More key figures
Operating margin 6.5%
EPS (TTM) £0.2000
Dividend yield 8.6%
EPS growth (YoY) -45.3%
Net debt 213M GBX FY2026

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 40/100

Of which business quality 38 · Market factors (momentum, volatility) 44

Profitability 23
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 27
Earnings quality: real cash, not paper profit
Fin. Strength 25
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 84
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

Vp plc provides equipment rental and related services in the United Kingdom and internationally. The company provides materials handling solutions, including telehandlers and plant and equipment for residential housebuilding; and supports upstream projects with pipeline, infrastructure maintenance, and well testing services, as well as downstream projects, …

Full company description

Vp plc provides equipment rental and related services in the United Kingdom and internationally. The company provides materials handling solutions, including telehandlers and plant and equipment for residential housebuilding; and supports upstream projects with pipeline, infrastructure maintenance, and well testing services, as well as downstream projects, including industrial shutdowns and space monitoring solutions. It also offers rail services comprising track renewals, maintenance, and other projects, as well as plant and tools for rail; undertakes pipeline, sewer rehabilitation, reservoir and facility enhancement, and treatment plant upgrade projects; and provides pipeline solutions and site access through portable roadways, as well as survey, test and measurement, and groundwork services. In addition, the company undertakes rail, highways, utilities, and other infrastructure projects; supports non-residential construction projects, including commercial offices, warehousing, and distribution; and operates in the commercial fit-out sectors comprising work on offices, data centres, and retail units. The company was formerly known as Vibroplant plc and changed its name to Vp plc in 2000. Vp plc was incorporated in 1950 and is headquartered in Harrogate, the United Kingdom. Vp plc is a subsidiary of Ackers P Investment Company Limited.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Vp plc reported revenue of £358M in FY2026 versus £351M in FY2022, a compound +0.5%/yr. Reported net income was −£5.4M in FY2026.

Growth Quality 44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
£358M
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.
−1.2%
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.
+3.1%
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.
+7.3%
Revenue +0.5%/yr
FY22 £351M
FY23 £372M
FY24 £369M
FY25 £380M
FY26 £358M
Net income
FY22 £25.5M
FY23 £23.0M
FY24 −£5.3M
FY25 £14.4M
FY26 −£5.4M

VP screens 15% overvalued. Compare with United Rentals, Inc →

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Cite: Fair Value Calculator (2026). "Vp plc Fair Value". https://www.fairvalue-calculator.com/stock/VP

Peer Group

Rental & Leasing Services · 97 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 40 · Below median
Fair Value upside −15% · Below median
Return on assets 2% · Below median
Net margin (TTM) -2% · Bottom 25%
Operating margin (TTM) 2% · Below median
Revenue growth -9% · Bottom 25%
Dividend yield (TTM) 8.4% · Top 25%
Debt / equity 0.70× · Higher than median

Valuation Multiples vs Rental & Leasing Services median · lower = cheaper

P/E (TTM) 23.7× · Pricier than 75% of peers
P/B 2.02× · Pricier than median
P/S (TTM) 0.74× · Pricier than median
P/FCF 176.2× · Pricier than 75% of peers
EV/EBITDA 5.2× · Cheaper 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 14 · sector 49
FUTURE 0 · sector 16
PAST 0 · sector 26
HEALTH 65 · sector 70
DIVIDEND 100 · sector 34

Insider activity: 45/100

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 Rental & Leasing Services stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
United Rentals, Inc URI $1,045 $449.86 -57%
Sunbelt Rentals Holdings SUNB $73.41 $65.76 -10%
AerCap Holdings AER $146.97 $301.51 +105%
U-Haul Holding UHAL $67.35 $7.21 -89%
Ryder System, Inc R $273.06 $111.57 -59%
Ayvens AYV €11.57 €24.73 +114%
Localiza Rent a Car S.A RENT3 R$40.35 R$37.01 -8%
Element Fleet Management Corp EFN C$29.83 C$15.06 -50%
BOC Aviation Limited 2588 HK$77.40 HK$18.61 -76%
GATX Corporation GATX $178.48 $140.90 -21%

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Frequently asked questions

Is Vp plc (VP) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of £4.12 versus a price of £4.83, about −15% (overvalued).
What is the fair value of VP?
Our model-based fair value for Vp plc is £4.12 (as of Jul 14, 2026), built from audited fundamentals. The current price is £4.83.
What is the quality score of VP?
Vp plc has a Quality Score of 40/100. 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 Vp plc (VP)?
Vp plc reported trailing-twelve-month revenue of about £376M (latest available figure, as of Jul 14, 2026).
What is the net profit margin of VP?
The net profit margin of Vp plc is about 2.1%, meaning it keeps roughly 2.1% of revenue as net income. Based on the latest reported figures.
Does Vp plc pay a dividend?
Vp plc currently shows a dividend yield of about 8.59% relative to its recent price (as of Jul 14, 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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