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SRP.L vs. AVON.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

SRP.L vs. AVON.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Serco Group (SRP.L) and Avon Protection plc (AVON.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with SRP.L having a -7.80% return and AVON.L slightly lower at -7.92%. Over the past 10 years, SRP.L has outperformed AVON.L with an annualized return of 9.83%, while AVON.L has yielded a comparatively lower 8.23% annualized return.


SRP.L

1D
1.11%
1M
-7.68%
YTD
-7.80%
6M
-2.49%
1Y
36.31%
3Y*
23.35%
5Y*
15.82%
10Y*
9.83%

AVON.L

1D
0.24%
1M
-3.49%
YTD
-7.92%
6M
-8.53%
1Y
-6.65%
3Y*
23.82%
5Y*
-8.83%
10Y*
8.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SRP.L vs. AVON.L - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SRP.L
Serco Group
-7.80%89.19%-4.75%6.45%17.32%14.45%-25.62%69.35%-3.34%-30.98%
AVON.L
Avon Protection plc
-7.92%24.82%76.14%-17.64%-1.14%-64.25%52.60%69.35%3.63%18.33%

Correlation

The correlation between SRP.L and AVON.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.28

Correlation (3Y)
Calculated over the trailing 3-year period

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.17

Correlation (10Y)
Calculated over the trailing 10-year period

0.14

Correlation (All Time)
Calculated using the full available price history since May 13, 1988

0.09

The correlation between SRP.L and AVON.L shifts across timeframes, from 0.09 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

SRP.L:

£2.66B

AVON.L:

£508.82M

EPS

SRP.L:

£0.18

AVON.L:

£0.71

PE Ratio

SRP.L:

13.91

AVON.L:

23.36

PEG Ratio

SRP.L:

0.37

AVON.L:

2.91

PS Ratio

SRP.L:

0.27

AVON.L:

0.89

PB Ratio

SRP.L:

3.04

AVON.L:

2.87

Total Revenue (TTM)

SRP.L:

£9.73B

AVON.L:

£570.26M

Gross Profit (TTM)

SRP.L:

£1.06B

AVON.L:

£232.67M

EBITDA (TTM)

SRP.L:

£513.60M

AVON.L:

£76.45M

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Return for Risk

SRP.L vs. AVON.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SRP.L
SRP.L Risk / Return Rank: 8080
Overall Rank
SRP.L Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
SRP.L Sortino Ratio Rank: 8585
Sortino Ratio Rank
SRP.L Omega Ratio Rank: 8181
Omega Ratio Rank
SRP.L Calmar Ratio Rank: 7171
Calmar Ratio Rank
SRP.L Martin Ratio Rank: 7878
Martin Ratio Rank

AVON.L
AVON.L Risk / Return Rank: 3030
Overall Rank
AVON.L Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
AVON.L Sortino Ratio Rank: 2626
Sortino Ratio Rank
AVON.L Omega Ratio Rank: 2626
Omega Ratio Rank
AVON.L Calmar Ratio Rank: 3434
Calmar Ratio Rank
AVON.L Martin Ratio Rank: 3333
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SRP.L vs. AVON.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Serco Group (SRP.L) and Avon Protection plc (AVON.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


SRP.LAVON.LDifference
Sharpe ratioReturn per unit of total volatility

+2.03

Sortino ratioReturn per unit of downside risk

+2.82

Omega ratioGain probability vs. loss probability

1.32

0.98

+0.34

Calmar ratioReturn relative to maximum drawdown

1.67

-0.22

+1.90

Martin ratioReturn relative to average drawdown

5.89

-0.46

+6.35

SRP.L vs. AVON.L - Sharpe Ratio Comparison

The current SRP.L Sharpe Ratio is 1.79, which is higher than the AVON.L Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of SRP.L and AVON.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


SRP.LAVON.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.79

-0.24

+2.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

-0.18

+0.87

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.33

0.19

+0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.30

0.21

+0.10

Drawdowns

SRP.L vs. AVON.L - Drawdown Comparison

The maximum SRP.L drawdown since its inception was -88.47%, smaller than the maximum AVON.L drawdown of -94.03%. Use the drawdown chart below to compare losses from any high point for SRP.L and AVON.L.


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Drawdown Indicators


SRP.LAVON.LDifference

Max Drawdown

Largest peak-to-trough decline

-88.47%

-94.03%

+5.56%

Max Drawdown (1Y)

Largest decline over 1 year

-21.61%

-29.58%

+7.97%

Max Drawdown (3Y)

Largest decline over 3 years

-28.63%

-33.28%

+4.65%

Max Drawdown (5Y)

Largest decline over 5 years

-28.63%

-78.41%

+49.78%

Max Drawdown (10Y)

Largest decline over 10 years

-44.30%

-86.10%

+41.80%

Current Drawdown

Current decline from peak

-57.07%

-59.67%

+2.60%

Average Drawdown

Average peak-to-trough decline

-41.30%

-43.23%

+1.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.14%

14.40%

-8.26%

Volatility

SRP.L vs. AVON.L - Volatility Comparison

The current volatility for Serco Group (SRP.L) is 6.16%, while Avon Protection plc (AVON.L) has a volatility of 10.76%. This indicates that SRP.L experiences smaller price fluctuations and is considered to be less risky than AVON.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SRP.LAVON.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.16%

10.76%

-4.60%

Volatility (6M)

Calculated over the trailing 6-month period

15.77%

20.44%

-4.67%

Volatility (1Y)

Calculated over the trailing 1-year period

20.21%

27.36%

-7.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.94%

48.77%

-25.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.40%

42.35%

-12.95%

Dividends

SRP.L vs. AVON.L - Dividend Comparison

SRP.L's dividend yield for the trailing twelve months is around 1.77%, more than AVON.L's 1.09% yield.


PositionTTM20252024202320222021202020192018201720162015
AVON.L
Avon Protection plc
1.09%1.03%1.21%4.29%3.20%2.53%0.72%0.84%1.08%0.86%0.77%0.62%
SRP.L
Serco Group
1.77%1.53%2.39%1.89%1.64%1.63%0.84%0.00%0.00%0.00%0.00%0.00%

Financials

SRP.L vs. AVON.L - Financials Comparison

This section allows you to compare key financial metrics between Serco Group and Avon Protection plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50B2.00B2.50B202120222023202420252026
2.49B
158.42M
(SRP.L) Total Revenue
(AVON.L) Total Revenue
Values in GBp except per share items

SRP.L vs. AVON.L - Profitability Comparison

The chart below illustrates the profitability comparison between Serco Group and Avon Protection plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%20.0%30.0%40.0%202120222023202420252026
10.6%
38.7%
Portfolio components
SRP.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Serco Group reported a gross profit of 262.80M and revenue of 2.49B. Therefore, the gross margin over that period was 10.6%.

AVON.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Avon Protection plc reported a gross profit of 61.28M and revenue of 158.42M. Therefore, the gross margin over that period was 38.7%.

SRP.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Serco Group reported an operating income of 125.00M and revenue of 2.49B, resulting in an operating margin of 5.0%.

AVON.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Avon Protection plc reported an operating income of 21.28M and revenue of 158.42M, resulting in an operating margin of 13.4%.

SRP.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Serco Group reported a net income of 57.00M and revenue of 2.49B, resulting in a net margin of 2.3%.

AVON.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Avon Protection plc reported a net income of 10.15M and revenue of 158.42M, resulting in a net margin of 6.4%.


Frequently Asked Questions


SRP.L and AVON.L have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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