Employees: 2,991
Size Future (FUTR.L) is a United Kingdom Communication Services company (Publishing: Books/Magazines) with a market value of $372M, the 333rd largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £318.00 on 6 Nov 2026.
Performance Over six months the shares gained 4.6%, against -3.6% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 7th highest of 18 in its peer set.
Growth Revenue fell 8.4% over the last twelve months (peer median -2.5%); the operating margin is 15.7% (peer median 7.2%).
Valuation It trades at 3.1× forward earnings against a peer median of 20.2× (cheapest of 12).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -24 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.7 points below its cost of capital (9.8% WACC).
Next results Next results expected around 3 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £710M | £739M | £788M | £789M | £825M |
| Revenue growth | — | -6% | 0% | -4% | — |
| Gross profit | £229M | £258M | £271M | £308M | £354M |
| EBITDA | £182M | £207M | £223M | £278M | £283M |
| Net income | £36.5M | £66.3M | £76.8M | £113M | £122M |
| Free cash flow | £108M | £114M | £167M | £181M | £200M |
| Capital expenditure | £18.8M | £16.2M | £13.9M | £11.3M | £11.6M |
| Total debt | n/a | £337M | £334M | £432M | £521M |
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 | FUTR.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.0% | +1.2% | 4th highest of 18 |
| 6-month return | +4.6% | -3.6% | 7th highest of 18 |
| Distance from 52-week high | -52.7% | -24.1% | lowest of 18 |
| Revenue growth (TTM) | -8.4% | -2.5% | 4th lowest of 18 |
| Operating margin | 15.7% | 7.2% | 3rd highest of 18 |
| Forward P/E | 3.1× | 20.2× | cheapest of 12 |
| Growth the price implies (Req g, 7 yrs) | -6.8% | 12.0% | 2nd least demanding of 16 |
| Growth delivered (Del g) | +16.8% | +0.7% | highest of 16 |
| Hurdle (Req g minus delivered) | -23.6 pp | +12.8 pp | least demanding of 16 |
| ROIC minus cost of capital | -3.7 pp | +2.1 pp | 4th lowest of 17 |
| EV / EBITDA | 3.4× | 12.5× | cheapest of 9 |
| Net debt / EBITDA | 1.9× | -0.2× | 4th most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Future FUTR.L | United Kingdom | $372M | +5% | -8% | 16% | 3.1× | -6.8% | +16.8% |
| Thinkingdom Media 603096.SS | China | $383M | -9% | -7% | 13% | 29.1× | 6.9% | -5.9% |
| Value Line VALU | United States | $398M | +22% | -5% | 11% | n/a | 33.3% | -3.7% |
| MPS MPSLTD.NS | India | $404M | +36% | +10% | 29% | 18.2× | 9.6% | +12.7% |
| Wilmington WIL.L | United Kingdom | $339M | +12% | +18% | 20% | 10.3× | 1.1% | +1.2% |
| Promotora de Informaciones PRS.MC | Spain | $338M | -23% | 0% | 8% | 50.0× | n/a | n/a |
| Inner Mongolia Xinhua Distribution 603230.SS | China | $554M | -3% | -27% | 1% | n/a | 34.7% | +3.6% |
| DuZhe Publishing&Media 603999.SS | China | $577M | 0% | -6% | 2% | n/a | 24.3% | -3.5% |
| Arnoldo Mondadori Editore MN.MI | Italy | $579M | -5% | +2% | 9% | 8.8× | -4.9% | +4.6% |
| Astro Century Education & Technology 300654.SZ | China | $580M | -4% | -3% | 4% | 132.0× | 48.9% | +7.3% |
| Northern United Publishing & Media (Group) 601999.SS | China | $581M | -4% | -20% | 2% | n/a | 20.0% | -3.8% |
| Dook Media 301025.SZ | China | $603M | -11% | -5% | 4% | n/a | 52.3% | -3.1% |
| Scholastic SCHL | United States | $685M | -7% | -3% | 1% | 20.8× | n/a | n/a |
| Bloomsbury Publishing BMY.L | United Kingdom | $722M | +9% | -7% | 9% | 14.1× | 0.7% | +12.0% |
| Time Publishing & Media 600551.SS | China | $761M | -5% | -25% | 4% | 11.7× | -21.0% | +0.7% |
| Citic Press 300788.SZ | China | $958M | -6% | -2% | 1% | 42.0× | 26.8% | -2.1% |
| Storytel STORY-B.ST | Sweden | $1.01B | +37% | +9% | 12% | 20.2× | 12.0% | +12.5% |
| Heilongjiang Publishing & Media 605577.SS | China | $1.03B | +37% | +2% | 7% | n/a | 3.2% | -0.5% |