LifestyleBrand MarketingBuy Now Pay Later (BNPL)Fast-Moving Consumer GoodsConsumer GoodsFashionLeisureRetail
Description
NEXT plc is a leading British multinational clothing, footwear, and home products retailer known for offering high-quality products at accessible prices. The company operates a multifaceted business model, encompassing a variety of segments that allo…
Analysis
Quality compounder
NEXT plc is a quality compounder: a well-run business trading at a price that reflects what it is worth. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is fair. You pay 17.6× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 5% yearly growth; analysts expect 8%. The price, in other words, assumes less than the experts do.
The trajectory is moderate and the balance sheet is sturdy. The company scores 18/20 on our value-creation score: strong value creator.
What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202343
80
2023202420252026
All-time high
96
Feb 2024
All-time low
41
Jan 2025
Average rank
66
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
34
12
9
15
Price/Earnings
37
31
39
44
Price/Book
7
11
11
14
Dividend Yield
79
64
61
65
Value (overall)
37
12
14
18
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.