SSP Group PLC (SSPG) fair value: what the stock is really worth
We calculate from audited financials what SSP Group PLC is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Watch SSP Group PLC for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 20, 2026.
How to read this chart
60‑month range £1.31 – £2.84 · fair‑value band £2.35 – £5.51 · the £1.85 price screens below the £3.93 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 20, 2026.
SSP Group plc operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally.
Show more
SSP Group plc operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally. The company engages in designing, creating, and operating restaurants, bars, cafés, lounges, and convenience retail outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It also operates sandwich shops and bakeries. The company was founded in 1961 and is headquartered in London, the United Kingdom.
Stock analysis
SSP Group PLC (SSPG) currently trades at £1.85, while our model-based Fair Value estimate is £3.93, implying the stock looks roughly 52.9% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of £7.13 per share, and 13 of the 16 models we run sit above the £1.85 price.
Bear case: the Dividend Discount group reads lowest at £0.5000, and 3 of the 16 models stay below the price. Evidence for this calculation is medium.
Scenario range: £2.35 (bear) to £5.51 (bull), the price of £1.85 sits below 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 45/100 (below-average quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
SSP Group PLC reported revenue of £3.6B in FY2025 versus £834M in FY2021, a compound +44.5%/yr. Reported net income was −£74.4M in FY2025.
Key figures
Market cap 1.5B GBX · P/S ratio 0.34 · EPS (TTM) £−0.0400 · Dividend yield 2.4% · Net margin −2.0% · Return on equity 4.4% · Return on assets (EBIT) 1.1% · Operating margin 4.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
For context, the median of 10 Consumer Cyclical peers we cover trades at −25% fair-value upside, at 112%, SSPG screens cheaper than that median.
Fair Value models
Bear £2.35Fair Value £3.93Bull £5.51
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = 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.
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.67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+6.0%
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.
+18.5%
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.
+20.5%
Revenue growth 14 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.
+5.5%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘ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.
−29.6% (2020) → 7.4% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less 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).
−15.7%
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.
+4.5%
Yearly sales growth analysts expect, extended to five years.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Restaurants · 221 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score45 · Below median
Fair Value upside+100% · Top 25%
Profitability
Return on equity (TTM)4% · Above median
Return on assets5% · Above median
Net margin (TTM)−1% · Below median
Operating margin (TTM)4% · Below median
Growth and dividend
Revenue growth6% · Above median
Dividend yield (TTM)2.4% · Below median
Balance sheet
Debt / equity9.72× · Highest 25%
Valuation Multiplesvs Restaurants median · lower = cheaper
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). "SSP Group PLC Fair Value". https://www.fairvalue-calculator.com/stock/SSPG
Frequently asked questions
Is SSP Group PLC (SSPG) overvalued or undervalued?
As of Sep 20, 2026, our model estimates a fair value of £3.93 versus a price of £1.85, about +112% upside (undervalued).
What is the fair value of SSPG?
Our model-based fair value for SSP Group PLC is £3.93 (as of Sep 20, 2026), built from audited fundamentals. The current price: £1.85.
What is the quality score of SSPG?
SSP Group PLC has a Quality Score of 45/100. 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 SSP Group PLC (SSPG)?
Our model-based price target is the fair value of £3.93 (as of Sep 20, 2026) from 16 valuation models. Cautious scenario £2.35, optimistic scenario £5.51. It is a calculation from audited fundamentals, not an analyst target.
What is the SSP Group PLC stock forecast for 2026?
Our models put fair value at £3.93, about +112% upside versus a price of £1.85 (undervalued). Cautious scenario £2.35, optimistic scenario £5.51. The calculation is refreshed regularly with new filings.
What is the revenue of SSP Group PLC (SSPG)?
SSP Group PLC reported trailing-twelve-month revenue of about £3.7B (latest available figure, as of Sep 20, 2026).
Does SSP Group PLC pay a dividend?
SSP Group PLC currently shows a dividend yield of about 2.37% relative to its recent price (as of Sep 20, 2026).
What growth is priced into SSP Group PLC (SSPG)?
For today's price to be fair in a discounted-cash-flow model, SSP Group PLC would have to grow free cash flow by -15.7 % per year for five years (discount rate 11.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +20.5 % per year. As of Sep 20, 2026.
What discount rate (WACC) does the fair value of SSPG use?
Our models discount SSP Group PLC at 11.5 %: a base by market capitalisation (small), damped by beta 0.90, 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 SSP Group PLC that is -15.7 % per year a year over ten years, using the same discount rate (11.5 %) and the same formula as our fair value.
How much growth has SSP Group PLC (SSPG) delivered so far?
Over the past 5 years revenue at SSP Group PLC grew +20.5 % a year. The price currently implies -15.7 % per year free-cash-flow growth a 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 SSP Group PLC (SSPG) growing?
The median revenue growth in the sector is +2.6 % a year. That is the yardstick for the growth priced into SSP Group PLC (-15.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of SSP Group PLC (SSPG)?
The free-cash-flow yield on the price is 32.84 %: that much free cash flow SSP Group PLC produces per unit of market value. When it exceeds the discount rate of our models (11.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of SSP Group PLC (SSPG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For SSP Group PLC it is £3.93 per share (as of Sep 20, 2026), against a price of £1.85. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is SSP Group PLC stock overvalued or undervalued in 2026?
As of Sep 20, 2026, SSPG trades below its calculated fair value: price £1.85, fair value £3.93, a gap of about +112% (undervalued). 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 SSPG?
No. The price is what the market pays today (£1.85); the fair value is what the company's own numbers justify (£3.93). For SSP Group PLC the two are £2.08 per share apart. That gap is exactly why we show both numbers side by side.
How much is SSP Group PLC worth?
The market values SSP Group PLC at about 1.5B GBX (market capitalisation, as of Sep 20, 2026). Per share that is £1.85; our models calculate a fair value of £3.93 per share.
What do the bullish and bearish scenarios say about SSPG?
Our models span a range for SSP Group PLC: cautious scenario £2.35, base £3.93, optimistic £5.51 per share (as of Sep 20, 2026, price £1.85). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of SSPG?
The PEG ratio of SSP Group PLC is 2.37 (P/E divided by earnings growth, as of Sep 20, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of SSP Group PLC (SSPG)?
Balance-sheet figures for SSP Group PLC (as of Sep 20, 2026): return on equity 4.4%, debt of 9.72 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
Which stocks are comparable to SSP Group PLC?
From the same area (Consumer Cyclical) we also value McDonald's Corporation, Starbucks Corporation, Chipotle Mexican Grill, Inc, Yum! Brands, Inc, 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 SSP Group PLC stock attractive at the current price?
The data as of Sep 20, 2026: price £1.85, calculated fair value £3.93 (+112%), Quality Score 45/100, from 16 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 SSPG calculated?
We run SSP Group PLC through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of £3.93, 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 16.1 % above its aggregate fair value. SSP Group PLC currently trades 112 % below its own fair value, and the market average says nothing about that. 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 SSP Group PLC (SSPG)?
The closing price on Sep 21, 2026 was £1.85. Our model-based fair value is £3.93, about +112% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with SSP Group PLC right now?
The price is below even our cautious bear case (£2.35). The market is more pessimistic than our downside scenario. Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (£2.35 to £5.51) leaves room in how you read the outcome.
Key figures of SSP Group PLC
How large is the market capitalisation of SSP Group PLC (SSPG)?
The market capitalisation of SSP Group PLC is 1.5B GBX. 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 SSP Group PLC (SSPG)?
The price-to-sales ratio of SSP Group PLC is 0.34 (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 SSP Group PLC (SSPG)?
Earnings per share at SSP Group PLC are £−0.0400. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of SSP Group PLC (SSPG)?
The dividend yield of SSP Group PLC is 2.4%. 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 SSP Group PLC (SSPG)?
The net margin of SSP Group PLC is −2.0% (fiscal year 2025). 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 SSP Group PLC (SSPG)?
The return on equity (ROE) of SSP Group PLC is 4.4% (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 SSP Group PLC (SSPG)?
On an EBIT basis the return on assets of SSP Group PLC is 1.1% (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 SSP Group PLC (SSPG)?
The operating margin of SSP Group PLC is 4.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at SSP Group PLC (SSPG)?
Revenue at SSP Group PLC is growing +6.2% versus a year earlier (3y avg +18.5%). 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 SSP Group PLC (SSPG)?
Earnings per share at SSP Group PLC are growing +106% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does SSP Group PLC (SSPG) carry?
The net debt of SSP Group PLC is 1.8B GBX (fiscal year 2025, ≈ 3.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch SSP Group PLC in the live analysis
One click puts SSP Group PLC on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
