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← CockpitCompetitor Analysis › VIC.L Victorian Plumbing Group PlcOpen in the cockpit ↗

Victorian Plumbing Group PlcVIC.LCompetitor analysis, valuation and peers

United Kingdom · GBP·Consumer Discretionary›Home Improvement Chains
Momentum leader 81
Mkt cap
$386M
US dollars, full cap
Free float
41%
of shares outstanding
$/day
$189,868
20-day average traded
Fwd P/E
16.9×
forward earnings
ROIC−WACC
+4.8 pp
WACC 11.7%
Hurdle
+3 pp
Req g minus delivered
Next earnings
32 days
8 Dec 2026
Close · GBP£87.50
1D+1.4%
1W+6.7%
1M+10.5%
3M+16.7%
6M+15.3%
YTD+19.9%
1Y+18.9%
ATR %5.5%
52w lowhigh4.8% off high

What Victorian Plumbing does

Employees: 708

Victorian Plumbing at a glance

Size Victorian Plumbing (VIC.L) is a United Kingdom Consumer Discretionary company (Home Improvement Chains) with a market value of $386M, the 329th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £87.50 on 6 Nov 2026.

Performance Over six months the shares gained 15.3%, against +10.1% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 3rd highest of 9 in its peer set.

Growth Revenue grew 7.3% over the last twelve months (peer median +4.5%); the operating margin is 6.4% (peer median 5.6%).

Valuation It trades at 16.9× forward earnings against a peer median of 12.1× (most expensive of 7).

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 +8%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 4.8 points above its cost of capital (11.7% WACC).

Next results Next results expected around 8 Dec 2026 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026VIC.L 115Peer median 111
Six months, rebased to 100: Victorian Plumbing against the median of its 8 peers (local-currency closes).

Victorian Plumbing financials

Reported figures in GBP; fiscal year ends 2025-09-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue£326M£310M£296M£285M£269M
Revenue growth—+5%+4%+6%—
Gross profit£151M£145M£141M£131M£118M
EBITDA£30.6M£30.9M£26.3M£19.9M£15.6M
Net income£14.4M£12.0M£2.40M£11.8M£9.20M
Free cash flow£27.9M£20.6M-£3.60M£15.7M£16.6M
Capital expenditure£4.90M£5.40M£24.8M£5.00M£2.90M
Total debtn/a£51.1M£46.1M£4.80M£5.00M

Quarterly statements and history in the cockpit →

Victorian Plumbing competitor charts

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.

Performance: 6-month against 1-month return

0%+20%+40%0%+10%+20%BMAX279098423191751681308218VIC.L6-month return →1-month return →
Up and to the right = strong over both horizons. Victorian Plumbing is the large dot.

Fundamentals: revenue growth against valuation

+2%+4%+6%+8%10×12.5×15×17.5×BMAX98427516813082183050VIC.LRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Victorian Plumbing is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%-10%0%10%BMAX984231917516813082183050VIC.LGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Victorian Plumbing is the large dot.

Victorian Plumbing competitors and peer comparison

How Victorian Plumbing compares with its peers

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.

Victorian Plumbing against its 8 peers (data as of 6 Nov 2026)
MeasureVIC.LPeer medianRank in peer set
1-month return+10.5%+3.0%2nd highest of 9
6-month return+15.3%+10.1%3rd highest of 9
Distance from 52-week high-4.8%-7.5%3rd highest of 9
Revenue growth (TTM)+7.3%+4.5%2nd highest of 9
Operating margin6.4%5.6%2nd highest of 9
Forward P/E16.9×12.1×most expensive of 7
Growth the price implies (Req g, 7 yrs)11.0%-0.4%most demanding of 8
Growth delivered (Del g)+8.2%+2.9%2nd highest of 8
Hurdle (Req g minus delivered)+2.7 pp-4.5 ppmost demanding of 8
ROIC minus cost of capital+4.8 pp-0.3 pp2nd highest of 9
EV / EBITDA10.4×7.5×most expensive of 8
Net debt / EBITDA1.0×1.6×4th least indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Victorian Plumbing VIC.LUnited Kingdom$386M+15%+7%6%16.9×11.0%+8.2%
Byggmax BMAX.STSweden$393M+42%+2%6%13.7×-0.4%-2.0%
NAFCO 2790.TJapan$346M-12%-3%1%n/an/an/a
Arclands 9842.TJapan$748M+6%+8%4%9.4×2.2%+14.2%
Joyful Honda 3191.TJapan$859M+10%+5%6%n/a1.1%+0.3%
Kohnan Shoji 7516.TJapan$925M+15%+6%5%10.1×0.4%+3.3%
Sangetsu 8130.TJapan$1.15B+4%+4%10%13.7×-10.8%+7.3%
Komeri 8218.TJapan$1.21B+17%+3%6%11.8×-6.8%0.0%
DCM 3050.TJapan$1.40B+10%+5%6%12.5×-1.7%+2.9%

Questions

Which companies are Victorian Plumbing's closest peers?
The cockpit's peer set: Byggmax (BMAX.ST), NAFCO (2790.T), Arclands (9842.T), Joyful Honda (3191.T), Kohnan Shoji (7516.T), Sangetsu (8130.T), Komeri (8218.T), DCM (3050.T).
Is Victorian Plumbing expensive compared with its peers?
On forward p/e it trades at 16.9× against a peer median of 12.1×, most expensive of 7 in its peer set. For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Victorian Plumbing stock performed?
Over six months to 6 Nov 2026 the shares returned +15.3% against +10.1% for the median peer; over one year +18.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.