FirstGroup (LSE:FGP) Research & Development: £0 Mil (TTM As of Mar. 2026)


LSE:FGP FirstGroup PLC LSE:FGP
71 GF Score
Price £1.84
GF Value £2.00
Valuation Fairly Valued
! 3 Warning Signs
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What is FirstGroup Research & Development?

FirstGroup LSE:FGP -1.29% 71 Research & Development is £0 Mil as of Mar. 2026. GuruFocus rates LSE:FGP with a GF Score™ of 71/100 and a GF Value™ of £2.00 (Fairly Valued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. FirstGroup's Research & Development for the six months ended in Mar. 2026 was £0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was £0 Mil.

FirstGroup  (LSE:FGP) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

FirstGroup Research & Development Related Terms

FirstGroup Research & Development Historical Data

* Premium members only.

The historical data trend for FirstGroup's Research & Development 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.

FirstGroup Research & Development Chart

FirstGroup Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Research & Development
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FirstGroup Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Research & Development 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 0.00 0.00 0.00 0.00 0.00
LSE:FGP
71GF Score
FirstGroup PLC LSE:FGP
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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FirstGroup Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of £0 Mil mean?
FirstGroup (LSE:FGP) has a Research & Development of £0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on FirstGroup and its competitors.
Is FirstGroup's Research & Development too high?
FirstGroup's current Research & Development is £0 Mil. Overall, FirstGroup has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FirstGroup's Research & Development compare to UNP and CSX?
FirstGroup's Research & Development of £0 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Transportation company?
A good Research & Development depends on the Transportation industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on FirstGroup and its competitors. FirstGroup's current Research & Development is £0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstGroup stock overvalued right now?
Based on GuruFocus' analysis, FirstGroup (LSE:FGP) is currently considered Fairly Valued. The stock's GF Value™ is £2.00, compared to a current price of £1.84 — trading 8.1% below its estimated fair value. The current Research & Development is £0 Mil. FirstGroup's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For FirstGroup (LSE:FGP), the current Research & Development is £0 Mil as of Mar. 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 FirstGroup (LSE:FGP) Overvalued in 2026?

Based on GuruFocus' analysis, FirstGroup stock appears to be undervalued. The current stock price of £1.84 is trading 8.1% below its estimated GF Value™ of £2.00. GuruFocus considers FirstGroup to be Fairly Valued.

Key valuation signals for LSE:FGP:

  • Research & Development: £0 Mil
  • GF Value™: £2.00 vs. price of £1.84 (8.1% below fair value)
  • GF Score™: 71/100 with 3 warning signs

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

FirstGroup Business Description

Other Exchanges FGROY:USAFGPl:UKFGR:Germany
Address 37 North Wharf Road, 8th Floor, The Point, Paddington, London, GBR, W2 1AF
FirstGroup PLC is a passenger transportation company domiciled in the United Kingdom. The company organizes itself into segments: Greyhound, First Bus, and First Rail. The Greyhound segment operates intercity coaches in the United States and Canada. First Bus operates buses in the United Kingdom. First Rail operates passenger trains in the United Kingdom. The company derives the majority of its revenue from the United Kingdom.
71GF Score

Get the complete analysis for LSE:FGP

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.84
Price
£2.00
GF Value