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Phoenix Group plc Valuation Multiples

Discover revenue and EBITDA valuation multiples for Phoenix Group plc and similar public comparables like NN Group, Challenger, and ASR Nederland.

Phoenix Group plc Overview

About Phoenix Group plc

Phoenix Group Holdings PLC is a British closed life assurance fund consolidator. Its main specialisation is the management and acquisition of closed life and pension funds. The company operates mainly in the United Kingdom. The brands of the group include Standard Life, SunLife, Phoenix Life, ReAssure, and Phoenix CIS.


Founded

2018

HQ

United Kingdom of Great Britain and Northern Ireland
Employees

7.0K+

Financials

LTM Revenue $8.2B

Last FY EBITDA n/a

EV

$755M

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Phoenix Group plc Financials

Phoenix Group plc has a last 12-month revenue (LTM) of $8.2B and a last 12-month EBITDA of n/a.

In the most recent fiscal year, Phoenix Group plc achieved revenue of $19.4B and an EBITDA of n/a.

Phoenix Group plc expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

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Phoenix Group plc P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $8.2B XXX $19.4B XXX XXX XXX
Gross Profit $8.2B XXX n/a XXX XXX XXX
Gross Margin 100% XXX n/a XXX XXX XXX
EBITDA n/a XXX n/a XXX XXX XXX
EBITDA Margin n/a XXX n/a XXX XXX XXX
EBIT $1.2B XXX n/a XXX XXX XXX
EBIT Margin 14% XXX n/a XXX XXX XXX
Net Profit -$684M XXX -$1.5B XXX XXX XXX
Net Margin -8% XXX -8% XXX XXX XXX
Net Debt XXX XXX n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

Phoenix Group plc Stock Performance

As of May 30, 2025, Phoenix Group plc's stock price is GBP 6 (or $9).

Phoenix Group plc has current market cap of GBP 6.3B (or $8.5B), and EV of GBP 562M (or $755M).

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Phoenix Group plc Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$755M $8.5B XXX XXX XXX XXX $0.67

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Phoenix Group plc Valuation Multiples

As of May 30, 2025, Phoenix Group plc has market cap of $8.5B and EV of $755M.

Phoenix Group plc's trades at 0.0x EV/Revenue multiple, and n/a EV/EBITDA.

Equity research analysts estimate Phoenix Group plc's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Phoenix Group plc has a P/E ratio of -12.4x.

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Phoenix Group plc Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $8.5B XXX $8.5B XXX XXX XXX
EV (current) $755M XXX $755M XXX XXX XXX
EV/Revenue 0.1x XXX 0.0x XXX XXX XXX
EV/EBITDA n/a XXX n/a XXX XXX XXX
EV/EBIT 0.6x XXX n/a XXX XXX XXX
EV/Gross Profit 0.1x XXX n/a XXX XXX XXX
P/E -12.4x XXX -5.8x XXX XXX XXX
EV/FCF 0.8x XXX 0.2x XXX XXX XXX

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Phoenix Group plc Margins & Growth Rates

Phoenix Group plc's last 12 month revenue growth is 3%

Phoenix Group plc's revenue per employee in the last FY averaged $2.8M, while opex per employee averaged n/a for the same period.

Phoenix Group plc's rule of 40 is unknown (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Phoenix Group plc's rule of X is unknown (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

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Phoenix Group plc Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 3% XXX -32% XXX XXX XXX
EBITDA Margin n/a XXX n/a XXX XXX XXX
EBITDA Growth n/a XXX n/a XXX XXX XXX
Rule of 40 n/a XXX n/a XXX XXX XXX
Bessemer Rule of X XXX XXX n/a XXX XXX XXX
Revenue per Employee XXX XXX $2.8M XXX XXX XXX
Opex per Employee XXX XXX n/a XXX XXX XXX
S&M Expenses to Revenue XXX XXX 0% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX n/a XXX XXX XXX
Opex to Revenue XXX XXX n/a XXX XXX XXX

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Phoenix Group plc Public Comps

See public comps and valuation multiples for Insurance Carriers comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
ADNIC XXX XXX XXX XXX XXX XXX
Aegon XXX XXX XXX XXX XXX XXX
ASR Nederland XXX XXX XXX XXX XXX XXX
NN Group XXX XXX XXX XXX XXX XXX
Challenger XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

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Phoenix Group plc M&A and Investment Activity

Phoenix Group plc acquired  XXX companies to date.

Last acquisition by Phoenix Group plc was  XXXXXXXX, XXXXX XXXXX XXXXXX . Phoenix Group plc acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

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Latest Acquisitions by Phoenix Group plc

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

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About Phoenix Group plc

When was Phoenix Group plc founded? Phoenix Group plc was founded in 2018.
Where is Phoenix Group plc headquartered? Phoenix Group plc is headquartered in United Kingdom of Great Britain and Northern Ireland.
How many employees does Phoenix Group plc have? As of today, Phoenix Group plc has 7.0K+ employees.
Who is the CEO of Phoenix Group plc? Phoenix Group plc's CEO is Mr. Andrew David Briggs MBE.
Is Phoenix Group plc publicy listed? Yes, Phoenix Group plc is a public company listed on LON.
What is the stock symbol of Phoenix Group plc? Phoenix Group plc trades under PHNX ticker.
When did Phoenix Group plc go public? Phoenix Group plc went public in 2009.
Who are competitors of Phoenix Group plc? Similar companies to Phoenix Group plc include e.g. ADNIC, Aegon, ASR Nederland, NN Group.
What is the current market cap of Phoenix Group plc? Phoenix Group plc's current market cap is $8.5B
What is the current revenue of Phoenix Group plc? Phoenix Group plc's last 12 months revenue is $8.2B.
What is the current revenue growth of Phoenix Group plc? Phoenix Group plc revenue growth (NTM/LTM) is 3%.
What is the current EV/Revenue multiple of Phoenix Group plc? Current revenue multiple of Phoenix Group plc is 0.1x.
Is Phoenix Group plc profitable? Yes, Phoenix Group plc is EBITDA-positive (as of the last 12 months).
What is the current FCF of Phoenix Group plc? Phoenix Group plc's last 12 months FCF is $981M.
What is Phoenix Group plc's FCF margin? Phoenix Group plc's last 12 months FCF margin is 12%.
What is the current EV/FCF multiple of Phoenix Group plc? Current FCF multiple of Phoenix Group plc is 0.8x.

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