
46.72 GBP (+45.7%)
6 analysts
What does it do?
Plus500 is a global provider of online trading of contracts for difference (CFDs) offering retail clients access to a wide range of financial instruments through its proprietary platform, generating revenue mainly from spreads and commissions.
Listed on London Stock Exchange · Symbol PLUS.L · LON: PLUS · Currency GBP
Key points
from its scores- ✓Very solid balance sheet10.0
- ✓High-quality business9.2
- ✓Favourable backdrop7.5
- !Weak share-price trend5.6
AI analysis
bottom line, main risk, context and newsFundamentals are solid and valuation is reasonable, but Israel's jurisdictional risk justifies not overweighting.
Plus500 shows outstanding financial health (ROE 47.43%, ROA 27.21%) and very high margins (operating 39.23%, net 34.14%), with an attractive valuation (P/E 11.02) and moderate growth (revenue +11.90%). The main drag is the regulatory and geopolitical risk of its domicile in Israel, which moderates the risk score.
The main risk is the regulatory and geopolitical exposure of its domicile in Israel, which could lead to adverse regulatory changes in the markets where it operates or to tensions affecting its business.
Context and risks
Plus500 is domiciled in Israel, a country with moderate governance and regulatory risk. Although it operates in global markets, its headquarters and main supervision are concentrated in a jurisdiction with geopolitical tensions and a history of regulatory intervention in the online trading sector, which justifies a moderate negative adjustment to the base risk.
Is Plus500 stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades 83% above the Financial Services median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 11.0 | 13.7 | −20% |
| Price / book | 5.3 | 1.9 | +185% |
| Price / sales | 3.6 | 3.5 | +5% |
Sector: median of the 351 Financial Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 6.2 out of 10 (median for Financial Services: 5.2).
Average analyst target: 46.72 GBP, +45.7% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 9.2 (sector 8.8), Growth 6.3 (sector 6.9).
Classic formulas with standard assumptions (7.7% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Financial Services medianValuation
- P/E
- 11.0
- Forward P/E
- 10.2
- Price / book
- 5.3
- Price / sales
- 3.6
- PEG
- 1.86
- Market cap
- 2.3B GBP
- Enterprise value
- 2.2B USD
Profitability
- ROE
- 47.4%
- ROA
- 27.2%
- ROIC (approx.)
- 55.1%
- Gross margin
- 100.0%
- Operating margin
- 39.2%
- Net margin
- 34.1%
Solvency
- Total debt
- 23.1M USD
- Net debt
- −838.2M USD
- Cash
- 861.3M USD
- Debt / equity
- 3.96
- Current ratio
- 2.27
- Quick ratio
- 2.11
Growth
- Revenue growth
- +11.9%
- Earnings growth
- +5.5%
- EPS (TTM)
- 2.91 GBP
- EPS (forward)
- 3.13 GBP
Dividend
- Dividend yield
- 2.2%
- Payout
- 23.7%
Risk and market
- Beta
- 0.34
- Analyst consensus
- Buy (6)
- Target price
- 46.72 GBP
Recent news
All PLUS.L news →Compare it with its sector
All 351 in Financial Services →Frequently asked questions about Plus500
Is Plus500 stock cheap or expensive?
On P/E and Price / book, it trades 83% above the Financial Services median on average. Valuation score: 6.2 out of 10 (median for Financial Services: 5.2). Average analyst target: 46.72 GBP, +45.7% versus the price. This is not investment advice.
What score does Plus500 get on MeridIAn Screener?
It scores 7.6 out of 10, rank 37 of 2,130 (better than 98% of the companies analysed). Its strongest category is Financial health (10.0) and its weakest, Momentum (5.6). Analysis of 08/10/2026.
What is Plus500's P/E ratio?
Its P/E is 11.0: the share price equals 11.0 times earnings per share over the last 12 months. The Financial Services median is 13.7. Based on the earnings analysts expect, the forward P/E is 10.2.
How much is Plus500 worth on the stock market?
Its market capitalisation is 2.3B GBP.
Does Plus500 pay a dividend?
Yes: its dividend yield is 2.21% and it pays out 24% of its earnings.
How has Plus500 stock performed over the last year?
It has risen 0.0% over the last year, excluding dividends. Over the last 52 weeks it has traded between 0.00 and 55.35 GBP. Past performance does not guarantee future results.
What do analysts think of Plus500?
6 analysts cover it; their average recommendation is “Buy” and their average target is 46.72 GBP (+45.7% versus the price). It is an estimate, not market data.
