Vesuvius PLC (VSVS) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Vesuvius PLC stock £2.90, price £4.52, that is 35.8% below the price, quality 57 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range £2.22 – £4.76 · fair‑value band £2.18 – £5.03 · the £4.52 price screens above the £2.90 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Vesuvius plc provides molten metal flow engineering and technology services to steel and foundry casting industries worldwide. It operates through Steel Flow Control, Steel Advanced Refractories, Steel Sensors & Probes, and Foundry segments.
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The company offers feeder sleeves and risers, including insulating, exothermic insulating, and highly exothermic sleeves, as well as boards, lids, and powders.
It also provides coatings for sand moulds and cores comprising high-production foundry jobbing, foundry coating equipment, and speciality foundry coatings; filters and gating systems for steel, iron, and nonferrous castings; metal treatment products; refractory linings and flow control products, such as furnace linings, ladle linings, and stoppers and nozzles for iron and steel foundries; die coatings for permanent mould casting; and crucibles and retorts under the Salamander and Noltina brands.
In addition, the company offers organic and inorganic mould and core binder systems, including self-setting binders, ester-setting silicates, gas-setting binders, and heat-setting resins, as well as ancillary products comprising release and parting agents, glues and sealants, and sand additives.
Further, it provides foundry services and support. The company was formerly known as Vesuvius Technologies plc and changed its name to Vesuvius plc in October 2012. Vesuvius plc was founded in 1916 and is headquartered in London, the United Kingdom.
Stock analysis
Vesuvius PLC (VSVS) currently trades at £4.52, while our model-based Fair Value estimate is £2.90, 36% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of £6.24 per share, and 5 of the 24 models we run sit above the £4.52 price.
Bear case: the Asset-Based group reads lowest at £1.02, and 19 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: £2.18 (bear) to £5.03 (bull), the price of £4.52 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 57/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Spin-off in 2012: revenue and profit before it include the divested business. Growth is measured afresh from 2012.
Vesuvius PLC reported revenue of £1.8B in FY2025 versus £1.6B in FY2021, a compound +2.4%/yr. Reported net income was £52.2M in FY2025, compounding −15.4%/yr from FY2021.
Key figures
Market cap £1.1B Small · P/E ratio 29.7 · P/S ratio 0.61 · EPS (TTM) £0.1500 · Dividend yield 5.2% · Net margin 2.1% · Return on equity 4.2% · Return on assets (EBIT) 7.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades about 5% below its 52-week high and 31% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −34% fair-value upside, at −36%, VSVS screens richer than that median.
Fair Value models
Bear£2.18Fair Value £2.90Bull£5.03
Price £4.52 · Downside -35.8%
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.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.
Best data coverage
Residual Income£3.23£3.20£3.2976
EPV£1.56£1.98£2.3274
Owner Earningsn/a£0.3700£1.0573
All 24 models by family
DCF Models
FCF DCF£0.0900£0.5600£1.2971
Owner Earningsn/a£0.3700£1.0573
5Y Revenue Exit£1.74£3.67£6.4069
5Y EBITDA Exit£3.18£6.14£9.9173
5Y P/E Exit£0.6800£1.86£3.2167
10Y Revenue Exit£0.8600£2.29£3.9763
10Y EBITDA Exit£1.75£3.73£6.0566
10Y P/E Exit£0.3900£1.23£2.1060
Earnings-Based
Graham-Dodd£1.44£2.58£3.1866
EPV£1.56£1.98£2.3274
Dividend Discount
Gordon GGM£1.72£2.11£2.4769
DDM Multi-Stage£1.72£2.18£2.6567
Multiples
P/E Multiple£3.34£4.45£5.5763
P/S Multiple£2.70£3.60£4.5158
P/B Multiple£5.16£6.88£8.6055
EV/EBIT£5.44£7.87£10.2965
EV/EBITDA£6.76£9.62£12.4867
EV/Revenue£3.36£5.59£7.8152
Asset-Based
NCAV (Graham)£0.7600£1.02£1.5354
Growth DCF
Growth DCF£0.1300£0.5700£1.2171
Rev-Margin DCF£1.74£3.70£6.0170
Economic Profit
Residual Income£3.23£3.20£3.2976
ROIC Compounder£1.56£1.98£2.3272
Growth Earnings
Growth-Adj P/E£2.36£3.37£4.3867
The fair value above starts from this blend and is adjusted for a cyclical trough year.
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.55/100
Spin-off in 2012: revenue and profit before it include the divested business. Growth is measured afresh from 2012.
Revenue growth 1 year
−0.6%
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.
−4.0%
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.
+4.4%
Start year 2020 (pandemic). Over 10 years: +3.2% a year
Revenue growth 13 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.
+1.2%
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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. Basis: EBIT basis.
+8.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.9%
Dividend (yield on the price)5.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−6.8% vs −0.1%, slowing
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.5% → 8%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
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).
+28.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +25.4% a year for the price and +1.0% for the forecasts.
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.Steel · 410 stocks
Beats the industry median on 6/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside−35.8% · Below median
Profitability
Return on equity (12 months)4.2% · Below median
Return on assets2.2% · Above median
Net margin (12 months)2.1% · Below median
Operating margin (12 months)8.4% · Above median
Growth and dividend
Revenue growth (quarter YoY)1.7% · Below median
Dividend yield (12 months)5.2% · Top 25%
Balance sheet
Debt / equity0.55× · Highest 25%
Valuation Multiplesvs Steel median · lower = cheaper
P/E (12 months)29.7× · Priciest 25%
P/B0.99× · Pricier than median
P/S (12 months)0.61× · Cheaper than median
Price / free cash flow (fiscal year)28.3× · Pricier than median
EV/EBITDA7.4× · Cheaper than median
PEG1.32× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 21
FUTURE (revenue growth)9· sector 38
PAST (return on equity)17· sector 19
HEALTH (low debt)73· sector 95
DIVIDEND (yield)100· sector 51
VALUE 0: the price sits above our fair-value range.
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). "Vesuvius PLC Fair Value". https://www.fairvalue-calculator.com/stock/VSVS
Frequently asked questions
Is Vesuvius PLC (VSVS) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of £2.90 versus a price of £4.52, about 36% lower (overvalued).
What is the fair value of VSVS?
Our model-based fair value for Vesuvius PLC is £2.90 (as of Nov 5, 2026), built from audited fundamentals. The current price: £4.52.
What is the quality score of VSVS?
Vesuvius PLC has a Quality Score of 57/100. 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 Vesuvius PLC (VSVS)?
Our model-based price target is the fair value of £2.90 (as of Nov 5, 2026) from 24 valuation models. Cautious scenario £2.18, optimistic scenario £5.03. It is a calculation from audited fundamentals, not an analyst target.
What is the Vesuvius PLC stock forecast for 2026?
Our models put fair value at £2.90, about 36% lower versus a price of £4.52 (overvalued). Cautious scenario £2.18, optimistic scenario £5.03. The calculation is refreshed regularly with new filings.
What is the revenue of Vesuvius PLC (VSVS)?
Vesuvius PLC reported trailing-twelve-month revenue of about £1.8B (latest available figure, as of Nov 5, 2026).
Does Vesuvius PLC pay a dividend?
Vesuvius PLC currently shows a dividend yield of 5.22% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Vesuvius PLC (VSVS) and when is the ex-dividend date?
Vesuvius PLC pays a dividend of £0.236 per share a year, a dividend yield of 5.2%. The last ex-dividend date was Sep 3, 2026. A dividend has been paid every year since 2011. The payout ratio is 157% of earnings. Free cash flow covers the dividend 0.68 times. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What growth is priced into Vesuvius PLC (VSVS)?
For today's price to be fair in a discounted-cash-flow model, Vesuvius PLC would have to grow free cash flow by +28.3 % 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 +4.4 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of VSVS use?
Our models discount Vesuvius PLC at 11.8 %: a base by market capitalisation (small), damped by beta 1.02, 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 Vesuvius PLC that is +28.3 % 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 Vesuvius PLC (VSVS) delivered so far?
Over the past 5 years revenue at Vesuvius PLC grew +4.4 % a year. The price currently implies free-cash-flow growth of +28.3 % 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 Vesuvius PLC (VSVS) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Vesuvius PLC (+28.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Vesuvius PLC (VSVS)?
The free-cash-flow yield on the price is 3.53 %: that much free cash flow Vesuvius 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 Vesuvius PLC (VSVS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vesuvius PLC it is £2.90 per share (as of Nov 5, 2026), against a price of £4.52. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Vesuvius PLC stock overvalued or undervalued in 2026?
As of Nov 5, 2026, VSVS trades above its calculated fair value: price £4.52, fair value £2.90, a gap of about −36% (overvalued). 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 VSVS?
No. The price is what the market pays today (£4.52); the fair value is what the company's own numbers justify (£2.90). For Vesuvius PLC the two are £1.62 per share apart. That gap is exactly why we show both numbers side by side.
How much is Vesuvius PLC worth?
The market values Vesuvius PLC at about £1.1B (market capitalisation, as of Nov 5, 2026). Per share that is £4.52; our models calculate a fair value of £2.90 per share.
What do the bullish and bearish scenarios say about VSVS?
Our models span a range for Vesuvius PLC: cautious scenario £2.18, base £2.90, optimistic £5.03 per share (as of Nov 5, 2026, price £4.52). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of VSVS?
Vesuvius PLC trades at a price-to-earnings ratio of 29.7 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £2.90 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 14.8. Other multiples: PEG 1.3, P/B 1.0, P/S 0.6, EV/EBITDA 7.4.
What is the PEG ratio of VSVS?
The PEG ratio of Vesuvius PLC is 1.32 (P/E divided by earnings growth, as of Nov 5, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Vesuvius PLC (VSVS)?
Balance-sheet figures for Vesuvius PLC (as of Nov 5, 2026): return on equity 4.2%, debt of 0.55 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is VSVS from its 52-week high?
Vesuvius PLC trades at £4.52, about 5% below its 52-week high of £4.76 and 31% above the low of £3.46 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of £2.90 is for.
Which stocks are comparable to Vesuvius PLC?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, 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 Vesuvius PLC stock attractive at the current price?
The data as of Nov 5, 2026: price £4.52, calculated fair value £2.90 (−36%), Quality Score 57/100, 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 VSVS calculated?
We run Vesuvius PLC through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of £2.90 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 13.0% above its aggregate fair value. Vesuvius PLC itself currently trades above fair value. 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 Vesuvius PLC (VSVS)?
The closing price on Nov 6, 2026 was £4.52. Our model-based fair value is £2.90, about 36% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vesuvius PLC right now?
Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (£2.18 to £5.03) leaves room in how you read the outcome.
Where does the earnings growth of Vesuvius PLC (VSVS) come from?
Earnings per share at Vesuvius PLC grew +3.1 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.6 %, EBIT margin +0.4 %, tax rate −1.4 %, residual (interest, one-offs) +0.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Vesuvius PLC
How large is the market capitalisation of Vesuvius PLC (VSVS)?
The market capitalisation of Vesuvius PLC is £1.1B. 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 Vesuvius PLC (VSVS)?
The price-to-sales ratio of Vesuvius PLC is 0.61 (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 Vesuvius PLC (VSVS)?
Earnings per share at Vesuvius PLC are £0.1500 (price ÷ EPS = P/E 29.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Vesuvius PLC (VSVS)?
The dividend yield of Vesuvius PLC is 5.2% (payout 157%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Vesuvius PLC (VSVS)?
The net margin of Vesuvius PLC is 2.1% (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 Vesuvius PLC (VSVS)?
The return on equity (ROE) of Vesuvius PLC is 4.2% (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 Vesuvius PLC (VSVS)?
On an EBIT basis the return on assets of Vesuvius PLC is 7.3% (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 Vesuvius PLC (VSVS)?
The operating margin of Vesuvius PLC is 8.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vesuvius PLC (VSVS)?
Revenue at Vesuvius PLC is growing +1.7% versus a year earlier (3y avg −4.0%). 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 Vesuvius PLC (VSVS)?
Earnings per share at Vesuvius PLC are growing −44.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Vesuvius PLC (VSVS) carry?
The net debt of Vesuvius PLC is £451M (fiscal year 2025, ≈ 11.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 5, 2026