DFS Furniture PLC (GB:DFS)
LSE:DFS
Want to see GB:DFS full AI Analyst Report?
Top Page
DFS Furniture
(LSE:DFS)
Select Model
Select Model
Rating:56Neutral
Price Target:
125.00 p
▼(-33.51% Downside)
Action:Reiterated
Date:03/21/26
The score is held back primarily by very weak technicals (price below all major moving averages and negative momentum). Financial performance is moderate, supported by strong cash flow generation but constrained by high leverage and low net profitability. Valuation appears mid-range based on the P/E, with no dividend data to add support.
Positive Factors
Strong Gross Margin
A 56.46% gross margin indicates durable pricing power and effective cost control in core upholstery products. This large gross spread helps absorb operating expenses and supports investment in stores and online capabilities, sustaining profitability over cycles.
Negative Factors
High Leverage
A debt-to-equity ratio of 1.87 signals significant leverage, constraining financial flexibility. Elevated interest and principal obligations reduce capacity for reinvestment and magnify downside during revenue slowdowns, making strategic moves costlier.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Gross Margin
A 56.46% gross margin indicates durable pricing power and effective cost control in core upholstery products. This large gross spread helps absorb operating expenses and supports investment in stores and online capabilities, sustaining profitability over cycles.
Read all positive factors
DFS Furniture (DFS) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£306.19M
Dividend YieldN/A
Average Volume (3M)148.50K
Price to Earnings (P/E)8.5
Beta (1Y)0.90
Revenue Growth8.82%
EPS Growth440.57%
CountryUK
Employees4,722
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)0.15
Shares Outstanding236,000,000
10 Day Avg. Volume200,747
30 Day Avg. Volume148,505
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)1.53
Price to Sales (P/S)0.38
P/FCF Ratio2.41
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£206.67Price Target Upside9.93% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.15
Revenue Forecast (FY)£1.07B
DFS Furniture Business Overview & Revenue Model
Company Description
DFS Furniture plc, headquartered in Doncaster, United Kingdom, and founded in 1969, is a prominent retailer and manufacturer specializing in upholstered furniture. The company manages the entire lifecycle of its products, from design and productio...
How the Company Makes Money
DFS primarily makes money by retailing furniture directly to consumers. Its key revenue stream is the sale of upholstered furniture (notably sofas and recliners) and other furniture products (e.g., dining and occasional furniture), generated throu...
DFS Furniture Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
55
Neutral
Cash Flow
70
Positive
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.07B | 1.03B | 987.10M | 1.09B | 1.15B | 1.06B |
| Gross Profit | 528.30M | 581.70M | 550.80M | 500.10M | 517.70M | 513.50M |
| EBITDA | 167.10M | 154.30M | 131.10M | 156.00M | 175.20M | 218.70M |
| Net Income | 35.10M | 24.20M | -4.40M | 26.20M | 31.40M | 88.70M |
Balance Sheet | ||||||
| Total Assets | 966.80M | 983.60M | 1.05B | 1.06B | 1.12B | 1.10B |
| Cash, Cash Equivalents and Short-Term Investments | 20.50M | 13.90M | 26.80M | 26.70M | 17.30M | 22.70M |
| Total Debt | 420.60M | 472.10M | 591.70M | 577.20M | 551.20M | 493.90M |
| Total Liabilities | 688.20M | 731.40M | 817.50M | 822.10M | 851.00M | 820.30M |
| Stockholders Equity | 278.60M | 252.20M | 229.00M | 237.10M | 268.90M | 284.50M |
Cash Flow | ||||||
| Free Cash Flow | 148.80M | 160.30M | 94.30M | 76.50M | 81.70M | 243.70M |
| Operating Cash Flow | 161.10M | 181.20M | 115.90M | 111.40M | 129.10M | 292.90M |
| Investing Cash Flow | -23.20M | -20.30M | -19.80M | -33.60M | -45.60M | -47.40M |
| Financing Cash Flow | -133.80M | -185.10M | -98.60M | -56.10M | -84.50M | -301.80M |
DFS Furniture Technical Analysis
Neutral
188.00
Price Trends
125.72
Positive
149.76
Negative
154.38
Negative
Market Momentum
0.66
Negative
54.56
Neutral
70.71
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:DFS, the sentiment is Neutral. The current price of 188 is above the 20-day moving average (MA) of 123.83, above the 50-day MA of 125.72, and above the 200-day MA of 154.38, indicating a neutral trend. The MACD of 0.66 indicates Negative momentum. The RSI at 54.56 is Neutral, neither overbought nor oversold. The STOCH value of 70.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:DFS.
DFS Furniture Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | £70.48M | 11.82 | 20.89% | 0.55% | 7.44% | 30.27% | |
72 Outperform | £4.31B | 16.16 | 23.58% | 2.57% | 4.13% | 8.25% | |
68 Neutral | £53.48M | 25.01 | 3.09% | 3.45% | -0.90% | ― | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | £68.62M | 76.15 | 2.10% | 1.76% | 8.88% | 16.13% | |
56 Neutral | £306.19M | 8.46 | 13.23% | ― | 8.82% | 440.57% | |
43 Neutral | £18.63M | -0.21 | -61.90% | ― | -15.92% | -227.33% |
* Consumer Cyclical Sector Average
GB:DFS
DFS Furniture
128.50
-32.29
-20.08%
GB:CFX
Colefax
1,440.00
660.07
84.63%
GB:HEAD
Headlam
20.90
-73.50
-77.86%
GB:HWDN
Howden Joinery
802.50
-27.69
-3.34%
GB:SDG
Sanderson Design Group PLC
74.50
30.35
68.74%
GB:LIKE
Likewise Group Plc
27.00
4.86
21.93%
DFS Furniture Corporate Events
Business Operations and StrategyExecutive/Board Changes
DFS Furniture appoints Dominique Highfield to board as CFO
Positive
May 6, 2026
DFS Furniture, the market-leading UK retailer of living room and upholstered furniture, operates an integrated network of showrooms and websites in the UK and Republic of Ireland under the DFS and Sofology brands. The group offers a broad range of...
Business Operations and StrategyRegulatory Filings and Compliance
DFS Furniture’s Employee Trust Boosts Stake to Support Share Incentive Plans
Positive
Apr 30, 2026
DFS Furniture has disclosed that its Employee Benefit Trust has completed the purchase of 1,594,929 ordinary shares at an average price of £1.28, funded by a £5.8m gift from the company. Following this transaction, the trust holds 4,486,...
Executive/Board ChangesRegulatory Filings and Compliance
DFS Furniture Sets Out Exit Terms as Interim CFO Marie Wall Steps Down
Neutral
Apr 2, 2026
DFS Furniture has announced that Marie Wall will step down from the board and her role as interim chief financial officer on 2 April 2026, after helping oversee a successful transition. The company detailed that she will receive salary, pension, b...
Business Operations and StrategyStock Buyback
DFS Furniture boosts Employee Benefit Trust with multi-million share purchases
Positive
Apr 1, 2026
DFS Furniture has confirmed that its Employee Benefit Trust has completed the purchase of 1,300,000 ordinary shares, adding to its existing stake of 3,389,630 shares, equivalent to about 1.4% of the company’s issued capital. The move undersc...
Business Operations and StrategyDividendsFinancial Disclosures
DFS Furniture lifts profit and cuts debt as strategy delivers resilient H1 performance
Positive
Mar 19, 2026
DFS Furniture reported strong interim results for the 26 weeks to 28 December 2025, with revenue up 8.6% to £547.7m and underlying profit before tax jumping to £30.9m despite a subdued upholstery market. Gross margin rose to 57.8% as cos...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.