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Victorian Plumbing Group Plc
(LSE:VIC)
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Rating:67Neutral
Price Target:
75.00 p
▲(0.00% Upside)
Action:Downgraded
Date:08/06/26
The score is driven primarily by strong financial performance—especially revenue growth and cash flow generation—supported by a stable balance sheet. This is partially offset by a neutral-to-soft technical picture (negative MACD, price below the 50-day average) and only moderately attractive valuation (mid-teens P/E with a ~2.85% dividend yield).
Positive Factors
Strong Revenue Growth
Sustained revenue expansion indicates strong customer demand and continued progress in the online bathroom retail market. If maintained, this growth can widen scale benefits, support investment in the platform and distribution network, and strengthen the company’s competitive position.
Negative Factors
Low Net Profit Margin
A relatively low net margin means less of each sales pound is retained as profit after operating and other costs. This can limit earnings conversion from strong revenue growth and makes sustained improvements in operational efficiency important for durable shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
Sustained revenue expansion indicates strong customer demand and continued progress in the online bathroom retail market. If maintained, this growth can widen scale benefits, support investment in the platform and distribution network, and strengthen the company’s competitive position.
Read all positive factors
Victorian Plumbing Group Plc (VIC) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£251.24M
Dividend Yield2.84%
Average Volume (3M)233.26K
Price to Earnings (P/E)15.9
Beta (1Y)1.15
Revenue Growth7.34%
EPS Growth169.28%
CountryUK
Employees708
SectorConsumer Cyclical
Sector Strength84
IndustryHome Improvement
Share Statistics
EPS (TTM)0.05
Shares Outstanding328,865,300
10 Day Avg. Volume328,184
30 Day Avg. Volume233,265
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)3.94
Price to Sales (P/S)0.78
P/FCF Ratio11.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.07
Revenue Forecast (FY)£348.30M
Victorian Plumbing Group Plc Business Overview & Revenue Model
Company Description
Victorian Plumbing Group plc operates primarily as an online vendor specializing in bathroom fixtures and complementary products. The company caters to both individual retail customers and business clients, supplying goods from approximately 125 d...
How the Company Makes Money
Victorian Plumbing Group Plc primarily makes money by selling bathroom and ancillary home improvement products directly to customers through its online retail model. Revenue is generated at the point of sale from products sold via its e-commerce w...
Victorian Plumbing Group Plc Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
80
Positive
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 322.20M | 306.10M | 295.70M | 285.10M | 269.40M | 268.80M |
| Gross Profit | 146.20M | 143.50M | 147.80M | 134.60M | 121.00M | 130.50M |
| EBITDA | 32.80M | 28.20M | 19.10M | 19.70M | 15.60M | 23.10M |
| Net Income | 15.30M | 12.90M | 5.50M | 11.80M | 9.20M | 14.30M |
Balance Sheet | ||||||
| Total Assets | 185.80M | 168.40M | 158.50M | 99.00M | 94.50M | 80.70M |
| Cash, Cash Equivalents and Short-Term Investments | 21.20M | 17.70M | 11.20M | 46.40M | 45.50M | 32.70M |
| Total Debt | 52.60M | 51.10M | 46.10M | 4.80M | 5.00M | 5.80M |
| Total Liabilities | 122.30M | 107.80M | 106.20M | 50.20M | 50.50M | 49.90M |
| Stockholders Equity | 63.50M | 60.60M | 52.30M | 48.80M | 44.00M | 30.80M |
Cash Flow | ||||||
| Free Cash Flow | 27.90M | 20.60M | -7.40M | 12.70M | 14.00M | 21.20M |
| Operating Cash Flow | 28.80M | 22.00M | 17.40M | 17.70M | 16.90M | 24.40M |
| Investing Cash Flow | -7.10M | -5.40M | -43.90M | -5.00M | -2.90M | 2.70M |
| Financing Cash Flow | -11.40M | -10.10M | -8.70M | -11.80M | -1.20M | -4.90M |
Victorian Plumbing Group Plc Technical Analysis
Positive
75.00
Price Trends
74.96
Positive
76.85
Positive
76.62
Positive
Market Momentum
1.06
Negative
64.50
Neutral
64.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:VIC, the sentiment is Positive. The current price of 75 is above the 20-day moving average (MA) of 74.20, above the 50-day MA of 74.96, and below the 200-day MA of 76.62, indicating a bullish trend. The MACD of 1.06 indicates Negative momentum. The RSI at 64.50 is Neutral, neither overbought nor oversold. The STOCH value of 64.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:VIC.
Victorian Plumbing Group Plc Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | £70.02M | 13.74 | 89.58% | 8.61% | 8.67% | ― | |
68 Neutral | £4.15B | 15.55 | 22.80% | 2.87% | 4.15% | 5.60% | |
67 Neutral | £251.24M | 15.86 | 24.66% | 2.84% | 7.34% | 169.28% | |
67 Neutral | £5.38B | 19.14 | 4.86% | 3.71% | 1.24% | 69.63% | |
62 Neutral | £455.19M | 12.82 | 30.64% | 3.66% | 4.21% | 72.12% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
41 Neutral | £8.43M | -0.10 | -61.90% | 5.49% | -15.92% | -227.33% |
* Consumer Cyclical Sector Average
GB:VIC
Victorian Plumbing Group Plc
80.00
4.09
5.39%
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Victorian Plumbing Group Plc Corporate Events
Regulatory Filings and Compliance
Victorian Plumbing CFO Exercises and Sells Share Options Under SAYE Scheme
Neutral
Jul 16, 2026
Victorian Plumbing Group plc, the UK’s leading bathroom retailer, provides a comprehensive one-stop shop for bathroom products across multiple price points to both B2C and trade customers. Its portfolio includes the online-only MFI brand, wh...
Business Operations and StrategyExecutive/Board Changes
Victorian Plumbing awards SAYE share options to top executives
Positive
Jun 26, 2026
Victorian Plumbing Group has granted new options under its 2026 Save As You Earn scheme to senior executives, including Chief Executive Officer Stephnie Judge and Chief Financial Officer Daniel Barton. The options, over a combined 19,717 ordinary ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.