Luxfer Holdings PLC (LXFR) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-58.4%

$7.17

vs $17.25 price

Levered DCF

$17.51

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

3.55

Safe zone

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	46.66×	18.97×	-126.63×	13.86×	17.88×	22.49×	210.58×	18.76×
P/B	1.6×	1.6×	1.13×	1.81×	2.56×	2.71×	2.9×	2.55×
P/S	0.94×	0.9×	0.59×	0.88×	1.43×	1.39×	1.35×	1.17×
EV / EBITDA	10.31×	9.02×	35.49×	7.41×	11.11×	11.15×	17.94×	9.59×
Gross margin	23.2%	21.9%	18.9%	22.4%	25.7%	24.9%	27.8%	29.3%
Operating margin	9.3%	7.7%	1.0%	10.6%	9.7%	8.8%	5.0%	8.4%
Net margin	2.0%	4.7%	-0.5%	6.4%	8.0%	6.2%	0.8%	6.2%
Current ratio	1.67×	1.88×	2.6×	1.82×	1.95×	2.31×	2.43×	2.06×
Debt / equity	0.17×	0.27×	0.43×	0.5×	0.35×	0.38×	0.59×	0.42×
Interest coverage	11.55×	5.79×	0.67×	11.49×	11.68×	5.7×	4.16×	6.86×
Dividend yield	3.8%	4.0%	5.8%	3.8%	2.5%	3.0%	2.7%	2.8%
Payout ratio	180.5%	76.1%	-736.8%	52.8%	45.5%	68.0%	438.7%	53.6%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	3.4%	8.4%	-0.9%	13.0%	14.3%	12.0%	1.8%	13.6%
Return on invested capital	7.1%	7.0%	0.4%	10.7%	10.7%	7.5%	3.2%	8.8%
Return on assets	2.1%	4.8%	-0.5%	6.6%	8.1%	5.8%	0.8%	6.4%
Free cash flow yield	7.2%	11.6%	7.0%	2.0%	3.2%	9.2%	-1.6%	10.5%
Earnings yield	2.1%	5.2%	-0.8%	7.2%	5.6%	4.4%	0.6%	5.3%
Enterprise value	$392.7M	$406.6M	$330.1M	$466.1M	$601.1M	$514M	$597.4M	$534.2M
Net debt / EBITDA	0.82×	1.24×	9.63×	1.45×	1.22×	1.33×	2.77×	1.14×
Cash conversion cycle (days)	136	119	132	139	132	125	117	130