QinetiQ Group (CHIX:QQL) Intrinsic Value: Projected FCF: £2.98 (As of Sep. 06, 2026)

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CHIX:QQL QinetiQ Group PLC CHIX:QQL
77 GF Score
Price £4.84
GF Value £4.27
Valuation Modestly Overvalued
! 2 Warning Signs
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What is QinetiQ Group Intrinsic Value: Projected FCF?

QinetiQ Group CHIX:QQL +0.67% 77 Intrinsic Value: Projected FCF is £2.98 as of Sep. 06, 2026. GuruFocus rates CHIX:QQL with a GF Score™ of 77/100 and a GF Value™ of £4.27 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 197 Aerospace & Defense companies, QinetiQ Group ranks better than 73.1% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-06), QinetiQ Group's Intrinsic Value: Projected FCF is £2.98. The stock price of QinetiQ Group is £4.84. Therefore, QinetiQ Group's Price-to-Intrinsic-Value-Projected-FCF of today is 1.6.

The historical rank and industry rank for QinetiQ Group's Intrinsic Value: Projected FCF or its related term are showing as below:

CHIX:QQl' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.69   Med: 1.06   Max: 1.62
Current: 1.62

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of QinetiQ Group was 1.62. The lowest was 0.69. And the median was 1.06.

CHIX:QQl's Price-to-Projected-FCF is ranked better than
73.1% of 197 companies
in the Aerospace & Defense industry
Industry Median: 2.75 vs CHIX:QQl: 1.62

QinetiQ Group  (CHIX:QQl) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

QinetiQ Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=4.84/2.976329445928
=1.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


QinetiQ Group Intrinsic Value: Projected FCF Related Terms


QinetiQ Group Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for QinetiQ Group's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

QinetiQ Group Intrinsic Value: Projected FCF Chart

QinetiQ Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.28 3.12 3.42 2.49 2.97

QinetiQ Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.42 0.00 2.49 0.00 2.97

CHIX:QQL vs SPCX, GE, RTX: Intrinsic Value: Projected FCF Comparison

For the Aerospace & Defense subindustry, QinetiQ Group's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


QinetiQ Group Price-to-Projected-FCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where QinetiQ Group's Price-to-Projected-FCF falls into.


CHIX:QQL
77GF Score
QinetiQ Group PLC CHIX:QQL
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

QinetiQ Group Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get QinetiQ Group's Free Cash Flow(6 year avg) = £109.81.

QinetiQ Group's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar26)*0.8)/Shares Outstanding (Diluted Average)
=(10.696602726433*109.81428571429+553*0.8)/543.300
=2.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of £2.98 mean?
QinetiQ Group (CHIX:QQL) has a Intrinsic Value: Projected FCF of £2.98 as of Sep. 06, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on QinetiQ Group and its competitors. According to the industry distribution chart, QinetiQ Group ranks #53 out of 197 companies in the Aerospace & Defense industry, placing it in the top 26.9%.
Is QinetiQ Group's Intrinsic Value: Projected FCF too high?
QinetiQ Group's current Intrinsic Value: Projected FCF is £2.98. Based on the distribution chart, QinetiQ Group ranks #53 out of 197 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, QinetiQ Group has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does QinetiQ Group's Intrinsic Value: Projected FCF compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, QinetiQ Group ranks #53 out of 197 companies for Intrinsic Value: Projected FCF. This puts QinetiQ Group in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 2.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Aerospace & Defense company?
The median Intrinsic Value: Projected FCF among Aerospace & Defense companies is 2.75, based on 197 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on QinetiQ Group and its competitors. For the Aerospace & Defense industry, the median Intrinsic Value: Projected FCF is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QinetiQ Group's current Intrinsic Value: Projected FCF is £2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QinetiQ Group stock overvalued right now?
Based on GuruFocus' analysis, QinetiQ Group (CHIX:QQL) is currently considered Modestly Overvalued. The stock's GF Value™ is £4.27, compared to a current price of £4.84 — trading 13.3% above its estimated fair value. The current Intrinsic Value: Projected FCF is £2.98. QinetiQ Group's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For QinetiQ Group (CHIX:QQL), the current Intrinsic Value: Projected FCF is £2.98 as of Sep. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is QinetiQ Group (CHIX:QQL) Overvalued in 2026?

Based on GuruFocus' analysis, QinetiQ Group stock appears to be overvalued. The current stock price of £4.84 is trading 13.3% above its estimated GF Value™ of £4.27. GuruFocus considers QinetiQ Group to be Modestly Overvalued.

Key valuation signals for CHIX:QQL:

  • Intrinsic Value: Projected FCF: £2.98
  • GF Value™: £4.27 vs. price of £4.84 (13.3% above fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the CHIX:QQL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QinetiQ Group Business Description

Address Ively Road, Cody Technology Park, Farnborough, Hampshire, GBR, GU14 0LX
QinetiQ Group PLC is a company operating in the aerospace, defense, and security sectors. Its operating segments are EMEA Services, and Global Solutions. It generates majority of revenue from EMES Services. EMEA Services provides technical assurance, test and evaluation and training services, underpinned by long-term contracts. EMEA Services comprises business units which are not considered reportable segments as defined UK Defence, UK Intelligence and the Australia sector. Global Solutions combines all other business units not aggregated within EMEA Services. It has presence in United Kingdom (UK), United States of America (US), Australia, Home countries, Europe, and Rest of world of which majority of revenue comes from Home countries.
77GF Score

Get the complete analysis for CHIX:QQL

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£4.84
Price
£4.27
GF Value