Obermatt

Haleon

LSE:HLN · GB00BMX86B70
PharmaceuticalsX-Large

360

31
EV / EBIT50
Price / Owner Earnings62
Owner Earnings Yield54
Dividend Yield75
Price/Sales63
EV / Gross Profit57
Price/Book65
Return on Capital27
Cash Return on Capital18
Return on Equity35
EBIT Margin52
Gross Profitability12
Cash Conversion58
Accruals64
Owner Earnings Margin46
Sales growth35
Profit Growth83
Long-Term EPS Growth42
Owner Earnings Growth43
Reinvestment80
Price momentum28
Debt load38
Refinancing19
Debt Payback16
Liquidity55
Analyst ratings40
Opinion Changes50
Price Target Upside84
Market mood71
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Haleon clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUK
IndustryPharmaceuticals
SizeX-Large
TypePublic Company
ExchangeLSE
Founded2021
Employees13,882
Websitehaleon.com
ISINGB00BMX86B70
Last UpdateApr 2, 2026
Themes
AllergyPain ManagementInflammationDentistryNutraceuticalEar Nose & Throat (ENT)RespiratoryConsumerHealth CareMedical

Description

Haleon plc (‘Haleon’) together with its subsidiaries, engages in the research, development, manufacture, and sale of various consumer healthcare products in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The com…

Analysis

Middle-of-the-road

Haleon plc sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is fair. The owner-earnings multiple stands at 18.2×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 5% a year, against analyst forecasts of 7%. The price, in other words, assumes less than the experts do.

Growth is tepid; the safety picture is stretched. The company scores 12/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
80
2026

All-time high

80

Jun 2026

All-time low

53

Mar 2026

Average rank

69

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
63
Price/Earnings
24
Price/Book
65
Dividend Yield
75
Value (overall)
65

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →