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QWEN LANE Quick Scan · OLDER
Aug 30, 2026
38 days ago · 100% of the quick-scan set · 4 steps skipped by design
A full report exists for DFS — view the full report.
This ticker is no longer in the SEC registry
This ticker is no longer in the SEC registry: no CIK at EDGAR Found by the Foundation Sweep four-quarter pass 2026-09-11; held under the four-quarter coverage policy (2026-09-11) and released automatically once the pass resolves it.
This page shows our last published analysis, from Aug 30, 2026. It is not being updated, and new reports can't be run for this company.
For AI assistants & researchers — machine-readable summary of this page

What this page is: Delvantic's full research page for DFS Furniture plc (DFS) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.

Page map (sections in order; each card carries a stable reference-name attribute you can cite):

  • profile-header / price-overview — company profile, live quote, market cap
  • extended-analysis — the core: three AI lens reads with findings, scores, and the analyst memo
  • future-predictions — our forward price-band predictions
  • market-narrative / ai-findings / gpt-critique — narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)
  • Members-only sections (render as login gates for anonymous readers): price-history, income-trend, key-metrics, financials (statement tables), insider-trading. The analysis above is public; the raw data tables require a free account.

More for machine readers: site briefing at /llms.txt · any ticker resolves at delvantic.com/stock/TICKER · raw inputs are public-company filings and market data (via licensed data feeds); every model, score, lens read, and prediction on this page is Delvantic's own analysis.

DFS Furniture plc

DFS LSE
Consumer Cyclical · Specialty Retail
Doncaster, DN6 7NA, United Kingdom dfscorporate.co.uk Updated Aug 30, 3:52pm
Price
$165.00 GBp
Market Cap
$38.2B
Employees
4,722
Beta
1.44
Avg Volume
154,611
Last Dividend
$1.00
CEO
Mr. Timothy Giles Stacey
GICS Category PDF

DFS Furniture plc is a leading retailer and manufacturer of upholstered furniture in the United Kingdom and the Republic of Ireland. Founded in 1969 by Graham Kirkham as Northern Upholstery near Doncaster, it has grown into the UK's top sofa retailing group with over 55 years of heritage, operating through its core brands DFS, Sofology, and Dwell. The company designs, manufactures, sells, delivers, and installs a wide range of products including sofas, armchairs, reclining chairs, and footstools, supported by two UK factories, 115 DFS stores, 58 Sofology stores, 21 customer delivery centers, and a fleet of 240 delivery vehicles. DFS Furniture plc employs around 4,500 to 4,700 colleagues and pursues an omnichannel strategy blending physical showrooms with e-commerce platforms to enhance customer experience through innovations like furniture visualization technology and exclusive brand partnerships with names such as Ted Baker, La-Z-Boy, and Joules. Headquartered in Doncaster, it operates in the consumer cyclical sector's specialty retail industry, emphasizing sustainable practices, ethical foundations, and a vision to lead furniture retailing in the digital age while committing to net zero emissions by 2050.

Runs with full report
Price Overview
Price at report time
$165.00
as of Aug 30, 9:49am (38d ago)
Change · Aug 30
+0.00 (+0.00%)
Day Range
$162.50 – $167.50
52-Week Range
$113.00 – $204.00
50-Day MA
$145.82
200-Day MA
$153.23
Volume
71,932.00
Right now · live
Log in to get the live feed
Members see the real-time price and the move since this report (over 38d).
Share Structure
Outstanding 231,084,211.00
Float 184,661,271.00
Free Float 79.9%
Normal free float — 79.9% of shares trade freely, ~20.1% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Last updated: Aug 30, 2026 6:41pm (38d ago)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Aug 30, 2026 6:33pm (38d ago)
Why there are no quarterly figures for DFS Furniture plc

This company does not file structured financial statements with the U.S. SEC, so quarterly figures aren't available from our filings-based data engine. Annual figures shown here come from the sources that do cover it.

Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
TD Twelve Data statement HEX SEC filing
P/E · trailing (TTM) (Price per dollar of earnings over the past year — not a run-rate or forward P/E)
HEX
Stock Price / EPS (Diluted)
1,183.47
Stock Price: $165.00
EPS (Diluted): 0.14
P/B Ratio (Price vs net asset value)
HEX
Stock Price / Book Value Per Share
113.56
Stock Price: $165.00
Total Equity: $341.38M
Shares: 234,951,456
EV/EBITDA (Total value vs operating profit)
HEX
Enterprise Value / EBITDA
182.21
Market Cap: $38.20B
Total Debt: $639.03M
Cash: $18.82M
EBITDA: $213.06M
Enterprise Value (Takeover price (cap + debt - cash))
HEX
Market Cap + Total Debt - Cash
$38.8B
Market Cap: $38.20B
Total Debt: $639.03M
Cash: $18.82M
Gross Margin (Revenue left after direct costs)
HEX
Gross Profit / Revenue
56.5%
Gross Profit: $787.39M
Revenue: $1.39B
Operating Margin (Revenue left after all operations)
HEX
Operating Income / Revenue
7.1%
Operating Income: $98.81M
Revenue: $1.39B
Net Margin (Revenue left as actual profit)
HEX
Net Income / Revenue
2.3%
Net Income: $32.76M
Revenue: $1.39B
ROE (Profit from shareholder equity)
HEX
Net Income / Total Equity
9.6%
Net Income: $32.76M
Total Equity: $341.38M
ROIC (Profit from all invested capital)
HEX
NOPAT / Invested Capital
7.6%
Operating Income: $98.81M
Tax Rate: 26.4%
Equity: $341.38M
Total Debt: $639.03M
Cash: $18.82M
Current Ratio (Can it pay short-term bills)
HEX
Current Assets / Current Liabilities
0.27
Current Assets: $120.06M
Current Liabilities: $448.04M
Debt/Equity (Leverage — debt vs equity)
HEX
Total Debt / Total Equity
1.87
Short-Term Debt: $105.72M
Long-Term Debt: $533.32M
Total Debt: $639.03M
Total Equity: $341.38M
Rev/Share (Top-line per share)
HEX
Revenue / Shares Outstanding
$5.94
Revenue: $1.39B
Shares: 234,951,456
Book Value/Share (Net assets per share)
HEX
(Total Assets - Total Liabilities) / Shares
$1.45
Total Equity: $341.38M
Shares: 234,951,456
FCF/Share (Real cash generated per share)
HEX
(Operating Cash Flow + CapEx) / Shares
$1.04
Operating CF: $245.27M
CapEx: $0.00
Shares: 234,951,456
Div Yield (Annual income from holding)
TD
Last Annual Dividend / Stock Price
0.6%
Last Dividend: $1.00
Stock Price: $165.00
Payout Ratio (Earnings paid out as dividends)
HEX
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $32.76M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares DFS against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Income Statement (Annual)
Last updated: Aug 30, 2026 6:33pm (38d ago)
Metric 2021 2022 2023 2024 2025
Revenue $1.4B $1.6B $1.5B $1.3B $1.4B
Cost of Revenue $626.9M $736.2M $672.3M $590.6M $607.2M
Gross Profit $808.2M $820.1M $801.6M $745.6M $787.4M
Operating Expenses $618.2M $701.4M $713.2M $677.2M $688.6M
Operating Income $190.0M $118.7M $88.4M $68.4M $98.8M
Net Income $120.1M $42.5M $35.5M -$6.0M $32.8M
EBITDA $302.8M $238.1M $212.8M $192.2M $213.1M
EPS $0.47 $0.17 $0.15 $-0.03 $0.14
EPS (Diluted) $0.46 $0.17 $0.15 $-0.03 $0.14
Balance Sheet (Annual)
Last updated: Aug 30, 2026 6:33pm (38d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $30.7M $23.4M $36.1M $36.3M $18.8M
Total Current Assets $146.1M $171.4M $131.3M $140.8M $120.1M
Total Assets $1.5B $1.5B $1.4B $1.4B $1.3B
Current Liabilities $573.9M $534.4M $435.7M $403.2M $448.0M
Long-Term Debt $526.7M $609.0M $667.5M $695.8M $533.3M
Total Liabilities $1.1B $1.2B $1.1B $1.1B $990.0M
Total Equity $385.1M $364.0M $320.9M $310.0M $341.4M
Retained Earnings -$202.1M -$243.0M -$249.1M -$275.9M -$237.2M
Cash Flow (Annual)
Last updated: Aug 30, 2026 6:33pm (38d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $176.9M $71.2M $113.6M $156.9M $245.3M
Capital Expenditure -$49.4M -$47.4M -$25.9M — —
Free Cash Flow $338.1M $115.7M $117.5M $127.6M $217.0M
Acquisitions (net) $406,080 $0 — — —
Net Debt Issued / (Repaid) — — $97.5M $29.8M -$111.0M
Dividends Paid — -$72.8M -$16.4M -$12.7M —
Stock Buybacks $-406,080 -$17.1M -$41.8M $0 $0
Net Change in Cash -$76.2M -$1.4M $29.4M -$3.4M -$32.8M
Growth Trends (YoY %)
Last updated: Aug 30, 2026 6:33pm (38d ago)
Metric 2022 2023 2024 2025
Revenue Growth +8.5% -5.3% -9.3% +4.4%
Gross Profit Growth +1.5% -2.3% -7.0% +5.6%
Operating Income Growth -37.5% -25.5% -22.7% +44.6%
Net Income Growth -64.6% -16.6% -116.8% +650.0%
EBITDA Growth -21.4% -10.6% -9.7% +10.8%
Dividend History (Last 20)
Last updated: Aug 30, 2026 6:33pm (38d ago)
Date Dividend Declaration Record Payment
2026-04-16 $1.00 — — —
2024-04-18 $1.10 — — —
2023-11-30 $3.00 — — —
2023-04-13 $1.50 — — —
2022-12-01 $3.70 — — —
2022-04-07 $13.70 — — —
2021-11-25 $7.50 — — —
2019-12-05 $0.50 — — —
2019-05-30 $0.25 — — —
2018-12-06 $0.50 — — —
2018-05-31 $0.25 — — —
2017-12-07 $0.50 — — —
2017-06-01 $0.88 — — —
2016-12-08 $0.50 — — —
2016-06-02 $0.23 — — —
0Company Classification 1Industry Landscape 2Company Momentum 3Forward Projection 4aDCF Valuation 4bEarnings Power Value 4cAnchored PE 4dReverse DCF 4eRevenue-Based DCF 4fAnchored P/S 4gScenario Analysis 4hDividend Discount Model 4iBook Value Analysis 4jInsider Activity 4fCash Flow Quality 4gDebt Maturity Risk 4hMacro Environment 4iSector Intelligence 4jRevenue Confidence 4kSensitivity Analysis 4lSector Demand Cycle 5AI Investigation 5bThesis Evaluation 6Valuation Synthesis
computed not applicable not yet run 0 computed · 6 not applicable · 18 not yet run
Risk : Reward — upside vs downside from this company's own quarters
Not computed yet
Why there is no ratio: Risk:reward has not been computed for this name yet — its report predates the mechanical valuation chain. It is added, at $0, the next time a report or the nightly touches this ticker.
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for DFS — it's generated by the pipeline (market-narrative step).
Claude Reading
Claude Opus reviews the pipeline's raw data + every prior verdict, then writes an independent take.
No AI findings yet for DFS — they're generated by the pipeline (ai-findings step) when a report is run on this ticker.
GPT Reading
GPT reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
Skipped in the Qwen lane lane by design — the GPT seat runs only in the full report.
Grok Reading
Grok (xAI) reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
Skipped in the Qwen lane lane by design — the Grok seat runs only in the full report.
Advanced Analysis Forensic deep-dive · separate lenses
A separate, manually-run forensic pipeline (dilution, earnings quality, liquidity → two scored lenses → the play). Hasn't been run for this ticker yet.
Community AI Feedback
No community reviews yet for DFS. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
v1.1.760 · f4b58a28 · 2026-10-07 20:07:48