NEXT plc
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from NEXT plc's yearly results (2023–2026), compared with Consumer Cyclical companies in United Kingdom. Tap ? on any ratio for what it means.
Where £100 of sales goes
Latest year (Jan 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
£144Over the last 3 years, every £100 of reported profit came with £144 of operating cash.
Lower than 54% of Consumer Cyclical companies in United Kingdom.
Self-Funding Ratio
6.7×Over the last 3 years its own operating cash covered its investment spending (capex) 6.7 times.
Higher than 68% of Consumer Cyclical companies in United Kingdom.
Cash Locked Ratio
£28For every £100 of sales, £28 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against £25 tied up three years earlier.
More money tied up than 70% of Consumer Cyclical companies in United Kingdom.
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 83% of Consumer Cyclical companies in United Kingdom.
Growth Efficiency Ratio
£9Sales grew 37% in 3 years; of every extra £100 of sales, £9 became extra profit.
Asset Productivity Ratio
+37% / +23%In 3 years sales changed by +37% while total assets changed by +23%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
5.9×Debt due within a year is covered 5.9 times by its yearly operating cash.
Lower than 58% of Consumer Cyclical companies in United Kingdom.
Cash Cushion Ratio
−10%Debt, after subtracting cash, equals 10% of its market value (net debt).
Higher than 61% of Consumer Cyclical companies in United Kingdom.
Tangible Assets Ratio
85%Of every £100 the company owns, £85 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 57% of Consumer Cyclical companies in United Kingdom.
Tangible Net Worth Ratio
57%Of every £100 of net worth, £57 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 68% of Consumer Cyclical companies in United Kingdom.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
NEXT plc owes £0.68 for every £1 it owns. Net profit rose 21% in the year to Jan 2026, and grew 8% a year on average over 3 years.
Compared with Consumer Cyclical companies in United Kingdom · latest annual results Jan 2026.
P/E ratio
19.2Investors pay £19.2 for every £1 of NEXT plc's yearly profit, lower than 57% of Consumer Cyclical companies in United Kingdom.
P/B ratio
11.46The share price is 11.46 times NEXT plc's book value per share, higher than 82% of Consumer Cyclical companies in United Kingdom.
Market cap
£17.2 BThe total market value of all of NEXT plc's shares at today's price (share price × number of shares), larger than 83% of Consumer Cyclical companies in United Kingdom. PosiCap size class: Tito Cap.
Net worth (book value)
£1.5 BWhat NEXT plc would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Jul 2026).
Book value per share
£13.18Net worth divided by the number of shares. The share price of £151.10 is 11.5 times this, which is the P/B above.
Return on equity (ROE)
54.5%NEXT plc earned 54.5% on its shareholders' money over the last year, higher than 82% of Consumer Cyclical companies in United Kingdom.
Owes vs Owns
0.68×NEXT plc owes £0.68 for every £1 it owns (moderate), higher than 77% of Consumer Cyclical companies in United Kingdom.
Dividend yield
1.76%NEXT plc pays 1.76% of its share price as dividends a year, lower than 73% of dividend-paying Consumer Cyclical companies in United Kingdom.
Revenue growth
+13%Revenue rose 13% in the year to Jan 2026, and grew 11% a year on average over 3 years.
Profit growth
+21%Net profit rose 21% in the year to Jan 2026, and grew 8% a year on average over 3 years.
Profit margin
12.9%NEXT plc keeps £13 of every £100 of revenue as net profit.
Cash quality
1.4×Cash from NEXT plc's business was 1.4× its reported profit in the year to Jan 2026 — its profit turned into cash.
Interest cover
13.1×NEXT plc's operating profit covered its interest costs 13.1 times in the year to Jan 2026.
Cash vs debt
Net debtNEXT plc had £1.7 B more debt than cash (net debt) at Jan 2026.
Questions
What is NEXT plc's P/E ratio?
Investors pay £19.2 for every £1 of NEXT plc's yearly profit, lower than 57% of Consumer Cyclical companies in United Kingdom.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For NEXT plc: £17.2 B ÷ £1.5 B (31 Jul 2026) = 11.5.
What is NEXT plc's return on equity?
NEXT plc earned 54.5% on its shareholders' money over the last year, higher than 82% of Consumer Cyclical companies in United Kingdom.
How much does NEXT plc owe compared with what it owns?
NEXT plc owes £0.68 for every £1 it owns (moderate), higher than 77% of Consumer Cyclical companies in United Kingdom.
Does NEXT plc pay a dividend?
Yes. NEXT plc pays 1.76% of its share price as dividends a year, lower than 73% of dividend-paying Consumer Cyclical companies in United Kingdom.
Is NEXT plc's revenue growing?
Revenue rose 13% in the year to Jan 2026, and grew 11% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.