⚠️ Not investment advice. This is a quantitative research tool; every decision is the user's own responsibility. Past performance does not guarantee future results.⚠️ Not investment advice. Past performance does not guarantee future results.
⚠️ Not investment advice. Past performance does not guarantee future results.
🔓 Sign up freeSee the full rankingSign in with Google
← Back to the full ranking · All companies

QinetiQ Group QQ.L

United Kingdom Industrials
6.4/10
AI Analyst score
4.88 GBP
Last price at analysis date · analyst target 5.63 (+15.5%)
🛒 Where to buy QQ.LPartner brokers · UK (LSE) · sample 200.00 € orderUK (LSE)
Meridian is paid by these brokers at no extra cost to you; this is not investment advice. Public fee schedules · commission and FX, taxes excluded · Compare all 22 brokers by real cost →
No partner-broker fees for this market yet · Broker cost comparison →
🟡 HOLD — Hold. The company has solid fundamentals and a recent positive catalyst, but growth is moderate and momentum is weak. Wait for an improvement in earnings growth or a better entry point.

QinetiQ Group is a British defense and security company offering testing, evaluation, cybersecurity, and technology solutions to government and commercial clients. QinetiQ presents solid financial health (ND/EBITDA of 0.52) and notable business quality (ROIC of 25.67%), with a reasonable valuation (forward P/E of 12.89). Revenue growth is moderate (3.80%) and momentum is slightly negative, but the news about Gelion's battery testing adds a specific positive catalyst.

Financial health
6.8
Quality / Moat
6.2
Valuation
6.7
Growth
5.3
Dividend
4.9
Momentum
4.1
Risk & Context
8.7

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E24.38
Fwd P/E12.89
EV/EBITDA8.51
P/B4.61
P/S1.29
PEG1.60
Market cap2.49 B GBP
Enterprise value2.72 B GBP
🏰 Quality and moat
ROIC (approx.)25.7%
Gross margin16.37%
FCF conversion48%
Operating margin12.87%
📈 Profitability and margins
ROE18.23%
ROA8.10%
Net margin5.59%
FCF153.1 M GBP
FCF yield6.15%
🏦 Solvency and liquidity
Total debt423.9 M GBP
Net debt164.7 M GBP
Cash259.2 M GBP
EBITDA319.4 M GBP
Net debt / EBITDA0.52
D/E76.66
Current ratio1.13
Quick ratio0.97
🚀 Growth
Revenue growth3.80%
Earnings growthN/D
EPS (TTM)0.20 GBP
EPS (Fwd)0.38 GBP
💰 Dividend and risk
Dividend yield0.02%
Payout45.7%
Beta0.34
Analyst consensusnone (12)
Target price5.63 GBP
52-week range3.98 GBP – 5.76 GBP
⚠️ Main risk: Dependence on UK government defense contracts, which exposes it to changes in public spending priorities and sector-specific regulatory scrutiny.
See the full analysis and compare with the rest of the ranking →

Full AI report

Generated automatically from the metrics, the macro context and the company's news.

QinetiQ Group is a British defense and security company offering testing, evaluation, cybersecurity, and technology solutions to government and commercial clients. QinetiQ presents solid financial health (ND/EBITDA of 0.52) and notable business quality (ROIC of 25.67%), with a reasonable valuation (forward P/E of 12.89). Revenue growth is moderate (3.80%) and momentum is slightly negative, but the news about Gelion's battery testing adds a specific positive catalyst.

Score by category

CategoryScore
Financial health6.8
Quality / Moat6.2
Valuation6.7
Growth5.3
Dividend4.9
Momentum4.1
Risk & Context8.7

OVERALL SCORE: 6.4/10

Context and risks

Moderate governance/regulatory risk in the UK, its country of domicile. The company depends on government defense contracts, exposing it to changes in public spending and sector-specific regulatory scrutiny.

News considered in the analysis

  • 3 European Defense Stocks Investors Are Watching As NATO Risk Rises — El aumento del riesgo de la OTAN podría impulsar la demanda de defensa, pero es un tema sectorial amplio y no una noticia específica de QinetiQ.
  • Gelion battery cells pass independent drone testing at QinetiQ — Noticia positiva específica de la empresa: valida la tecnología de un cliente en sus instalaciones, lo que refuerza su posición en el sector de pruebas y evaluación.
  • 3 UK Penny Stocks With Market Caps Over £300M To Consider — Listículo genérico sin información nueva sobre QinetiQ.
  • UK Growth Stocks With Insider Ownership Up To 20% — Listículo genérico sin información nueva sobre QinetiQ.
  • UK Stocks That May Be Trading Below Fair Value In June 2026 — Listículo genérico sin información nueva sobre QinetiQ.

Verdict: Hold. The company has solid fundamentals and a recent positive catalyst, but growth is moderate and momentum is weak. Wait for an improvement in earnings growth or a better entry point.

Main risk: Dependence on UK government defense contracts, which exposes it to changes in public spending priorities and sector-specific regulatory scrutiny.

Other Industrials companies

Neighbours in the sector ranking, to compare without going back to the index.

See all 1,000+ companies in the index →

Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.