# Albion Technology & General VCT Plc (AATG.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 66p, market value 268 millionp.

## Valuation
- **P/E (trailing): 65.5×** (5-yr avg 2379.1×, 3-yr avg 3003.6×). Albion Technology & General VCT Plc trades at 65.5× trailing earnings, well below its own five-year average of 2379.1×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 13.2×**. Each dollar of revenue is priced at 13.2×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 7.5×**. Enterprise value is 7.5× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -1.5%** (5-yr avg -0.0%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 1.5%**. The inverse of the P/E: 1.5% of the price is earned each year.

## Profitability
- **Gross margin: 89.6%**. Albion Technology & General VCT Plc keeps 89.6% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 79.5%**. 79.5% of revenue is left after running the business, an exceptional level.
- **Net margin: 82.7%**. 82.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 1.7%**. 1.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 7.4%**. Return on all capital, debt included, is 7.4%.
- **Return on assets: 5.7%**. Each dollar of assets produces 5.7% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 19.5%** (3-yr 20.5%/yr, 5-yr 175.7%/yr). Revenue grew 19.5% over the last year, against 175.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -78.0%**. Earnings per share fell 78.0%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: 61 millionp**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. Albion Technology & General VCT Plc does not currently pay a dividend, but it returned -27.0% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 9467.1%** (YTD -0.7%, 3-mo 0.0%). The shares are up 9467.1% over twelve months including dividends.
- **From 52-week high: -5.1%** (9824.2% above the low). Trading 5% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 52**. An RSI of 52 is neutral.

Live score and charts: https://foliofundamentals.com/analyzer?s=AATG.L · Page: https://foliofundamentals.com/stocks/aatg.l

Not investment advice.