# AVI Global Trust plc (AGT.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 264p, market value 1.0 billionp.

## Valuation
- **P/E (trailing): 22.0×** (5-yr avg 683.9×, 3-yr avg 792.7×). AVI Global Trust plc trades at 22.0× trailing earnings, well below its own five-year average of 683.9×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 12.5×**. Each dollar of revenue is priced at 12.5×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.0×**. The shares trade at 1.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 8.0×**. Enterprise value is 8.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 2.6%** (5-yr avg 0.0%). Free cash flow equals 2.6% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 4.5%**. The inverse of the P/E: 4.5% of the price is earned each year.

## Profitability
- **Gross margin: 89.8%**. AVI Global Trust plc keeps 89.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 80.8%**. 80.8% of revenue is left after running the business, an exceptional level.
- **Net margin: 90.9%**. 90.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.5%**. 10.5% on shareholders' equity is solid.
- **Return on invested capital: 4.7%**. Return on all capital, debt included, is 4.7%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 4.3%**. Each dollar of assets produces 4.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -17.6%** (5-yr 258.3%/yr). Revenue fell 17.6% over the last year, against 258.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -12.5%**. Earnings per share fell 12.5%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 49.8%/yr**. Free cash flow has compounded at 49.8% a year over three years.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: 73 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**. AVI Global Trust plc does not currently pay a dividend, but it returned 11.2% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 2.5%** (YTD 3.3%, 3-mo 3.3%). The shares are up 2.5% over twelve months including dividends.
- **From 52-week high: -8.1%** (12.4% above the low). Trading 8% 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): 61**. An RSI of 61 is neutral.
- **Beta (1 yr): 0.62** (volatility 14%). Beta of 0.62 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.