KGF.L

Kingfisher plc

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services in the United Kingdom, Ireland, France, Poland, and internationally. The company operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brand names. It sells its p… Kingfisher plc, together with its subsidiaries, supplies home improvement products and services in the United Kingdom, Ireland, France, Poland, and internationally. The company operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brand names. It sells its products to consumers and trade professionals through stores and e-commerce channels. Kingfisher plc was incorporated in 1982 and is based in London, the United Kingdom.
Market price
GBP 3.72
Undervalued by 82.7%
Base value (Fade DCF (10-year growth fade)) is 82.7% above the market price
Data: Price updated 06 Nov 2026 09:56; FY2026, period ended 31 Jan 2026 from EODHD (downloaded 1 min ago).
Verdict

Looks undervalued

PriceGBP 3.72
Fair value range4.56–10.79base 6.80
Estimate reliabilityLow
5-year outlook–

5-year outlook: Not shown because confidence is low: Earnings-based DCF disagrees strongly.

Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Details and the full model are below.

Fade DCF (10-year growth fade)

Market price below modeled range

Showing the Fade DCF (10-year growth fade) you selected on the company card, using 2.79% growth, 3.1% terminal growth and 10.8% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.

Assumptions: growth 2.79%, discount rate 10.80%, terminal growth 3.10% (sector defaults). See a worked example.

Blended growth assumption: 2.8% (sector default 7.2%, own revenue history -0.5%, analyst revenue consensus 2.2%).

Analyst consensus expects revenue growth of 2.2% a year; the growth assumption used is 2.8%.

Adjust assumptions

Show the recommended model instead

Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Compare models
  • Recommended: Free-cash-flow DCF — GBP 6.79 (+82.6%)
  • EPS-based Gordon proxy — GBP 1.77 (-52.4%)
    Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
  • DCF (trailing free cash flow) — GBP 6.79 (+82.6%)
    Not used: Free cash flow is 4.3x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • FCFF (steady state) — GBP 6.90 (+85.4%)
    Not used: Free cash flow is 4.3x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • EV/EBITDA (12x) — GBP 7.75 (+108.3%)
    Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
  • Fade DCF (10-year growth fade) — GBP 6.80 (+82.7%)
    Not used: Free cash flow is 4.3x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • EV/Sales (Rule of 40) — GBP 17.68 (+375.4%)
    Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
Illustrative range / share GBP 4.56–10.79
Base scenario / share GBP 6.80
Margin of safety (share of value) Cheap even in the bear case
Bear GBP 4.5618.5%
Base GBP 6.8045.3%
Bull GBP 10.7965.5%

Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.

Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.

Price history and fair value

No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.

More detail: quality, peers, price history, dividends and financials

Quality score: 74 / 100

Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.

Profitability5 of 5 years profitable20 / 20
Cash generationfree cash flow positive in 5 of 5 years20 / 20
Growthrevenue -0.5% a year4 / 20
Balance sheetnet debt 1.4x EBITDA20 / 20
MarginsEBITDA margin 10%10 / 20

Peers in Consumer Discretionary

Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.

CompanyPriceMargin of safetyP/EP/BYieldQuality
KGF.L (this company) GBP 3.72 45.2% 27.0 1.1 3.3% 74
BWY.L Bellway p.l.c. GBP 23.01 43.6% 14.0 0.8 3.1% 70
INCH.L Inchcape plc GBP 6.41 37.3% 9.0 1.9 4.1% 80
ZAL.DE Zalando SE EUR 27.49 36.6% 108.5 2.6 – 80
DECK Deckers Brands USD 87.74 34.9% 11.2 5.1 – 100
LULU Lululemon Athletica USD 111.77 33.3% 8.9 2.6 – 100
EXPE Expedia Group USD 272.48 29.6% 15.8 20.2 0.7% 100
BKNG Booking Holdings USD 168.72 28.9% 17.7 – 1.0% 100
PETS.L Pets at Home Group Plc GBP 2.58 25.2% 18.8 1.2 2.9% 82
Peer median 14.9 2.6

Dividends

Paid in the last 12 months: GBP 0.00 per share · yield 0.03% at the current price.

YearDividends per share
2026 (so far)0.001
20250.001
20240.001
20230.001
20220.001
20210.001
Sector Consumer Discretionary
Exchange London Stock Exchange
Currency GBP

Annual financial statement

Saved annual report · Fiscal year 2026 · EODHD annual statements · period ended 31 Jan 2026

RevenueGBP 12,945,000,000
EBITDAGBP 1,303,000,000
EBITGBP 636,000,000
Net incomeGBP 245,000,000
Free cash flowGBP 1,055,000,000
Capital expendituresGBP 401,000,000
DebtGBP 2,341,000,000
CashGBP 465,000,000
Working capitalGBP 632,000,000
Shares outstanding1,776,000,000
Reported dividends per shareGBP 0.1227