Employees: 894
Size FRP Advisory (FRP.L) is a United Kingdom Industrials company (Miscellaneous Commercial Services) with a market value of $405M, the 323rd largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £122.00 on 6 Nov 2026.
Performance Over six months the shares gained 5.6%, against -14.2% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 3rd highest of 19 in its peer set.
Growth Revenue grew 16.3% over the last twelve months (peer median +5.7%); the operating margin is 20.4% (peer median 8.2%).
Valuation It trades at 9.8× forward earnings against a peer median of 16.9× (4th cheapest of 14).
Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is -28 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 21.1 points above its cost of capital (7.3% WACC).
Next results Next results expected around 16 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £177M | £177M | £152M | £128M | £104M |
| Revenue growth | — | +16% | +19% | +23% | — |
| EBITDA | £40.2M | £40.2M | £35.4M | £33.3M | £18.6M |
| Net income | £26.2M | £26.2M | £22.5M | £22.0M | £12.7M |
| Free cash flow | £20.1M | £20.1M | £28.3M | £24.0M | £10.1M |
| Capital expenditure | £2.60M | £2.60M | £1.20M | £900,000 | £600,000 |
| Total debt | n/a | £10.3M | £15.1M | £11.3M | £11.3M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | FRP.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.0% | -8.1% | 3rd highest of 20 |
| 6-month return | +5.6% | -14.2% | 3rd highest of 19 |
| Distance from 52-week high | -16.3% | -32.0% | 5th highest of 20 |
| Revenue growth (TTM) | +16.3% | +5.7% | 5th highest of 21 |
| Operating margin | 20.4% | 8.2% | 5th highest of 21 |
| Forward P/E | 9.8× | 16.9× | 4th cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | -10.6% | 10.9% | least demanding of 14 |
| Growth delivered (Del g) | +17.5% | +11.6% | 5th highest of 14 |
| Hurdle (Req g minus delivered) | -28.1 pp | +3.3 pp | least demanding of 14 |
| ROIC minus cost of capital | +21.1 pp | +0.1 pp | 2nd highest of 21 |
| EV / EBITDA | 7.1× | 7.9× | 6th cheapest of 13 |
| Net debt / EBITDA | -0.4× | 0.9× | 6th least indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| FRP Advisory FRP.L | United Kingdom | $405M | +6% | +16% | 20% | 9.8× | -10.6% | +17.5% |
| SMO ClinPlus 301257.SZ | China | $405M | -35% | 0% | 3% | 21.6× | n/a | n/a |
| Suzhou Kelida Building & Decoration 603828.SS | China | $404M | -3% | -52% | -26% | n/a | n/a | n/a |
| Chongqing Yuxin Pingrui Electronic 301107.SZ | China | $401M | -7% | +6% | 3% | n/a | 26.5% | +11.6% |
| Brunel International BRNL.AS | Netherlands | $399M | -8% | -6% | 2% | 16.3× | 1.6% | +6.4% |
| Greentown Management 9979.HK | Hong Kong | $413M | -28% | +5% | 22% | 6.4× | n/a | n/a |
| Fusion CX FUSIONCX.NS | India | $415M | n/a | +37% | 11% | n/a | 22.9% | +18.1% |
| Pubang Landscape Architecture 002663.SZ | China | $395M | -31% | -19% | -21% | n/a | 15.5% | -6.0% |
| Franchise Brands FRAN.L | United Kingdom | $417M | +5% | +5% | 14% | 16.4× | 6.6% | +23.6% |
| Skytech 6937.TW | Taiwan | $394M | -43% | +1% | 13% | 34.8× | 21.0% | +7.3% |
| Cogstate CGS.AX | Australia | $394M | +33% | +7% | 20% | 26.7× | 10.9% | +14.6% |
| Shenzhen Jiang & Associates Creative Design 300668.SZ | China | $418M | -58% | -37% | 1% | n/a | n/a | n/a |
| Capita CPI.L | United Kingdom | $419M | -16% | -16% | 5% | 21.2× | n/a | n/a |
| Asset Reconstruction Company (India) ARCIL.NS | India | $421M | n/a | +13% | 110% | n/a | 13.6% | +0.3% |
| Datang Environment Industry 1272.HK | Hong Kong | $388M | -18% | -3% | 13% | n/a | n/a | n/a |
| Tera Probe 6627.T | Japan | $386M | +37% | +34% | 24% | 9.5× | n/a | n/a |
| K-Bro Linen KBL.TO | Canada | $384M | +5% | +47% | 8% | 16.9× | 3.4% | +20.9% |
| Public Policy PPHC.L | United Kingdom | $383M | -12% | +43% | -3% | 9.0× | 1.4% | +19.6% |
| Nanofilm Technologies International MZH.SI | Singapore | $383M | -52% | +10% | 8% | 24.2× | 5.6% | +2.3% |
| TECSYS TCS.TO | Canada | $381M | +2% | +10% | 5% | 41.3× | 18.4% | +8.9% |
| Materials Analysis Technology 3587.TWO | Taiwan | $380M | -48% | +14% | 14% | 13.1× | -0.3% | +12.6% |