# Aptitude Software Group plc (APTD.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Technology / Software. Price 219p, market value 117 millionp.

## Valuation
- **P/E (trailing): 31.3×** (5-yr avg 5278.4×, 3-yr avg 4013.8×). Aptitude Software Group plc trades at 31.3× trailing earnings, well below its own five-year average of 5278.4×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 12.7×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.9×**. Each dollar of revenue is priced at 0.9×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.2×**. The shares trade at 2.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.4×**. Enterprise value is 4.4× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 13.5%** (5-yr avg 0.0%). Free cash flow equals 13.5% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.2%**. The inverse of the P/E: 3.2% of the price is earned each year.

## Profitability
- **Gross margin: 38.3%**. Aptitude Software Group plc keeps 38.3% of revenue after the direct cost of what it sells.
- **Operating margin: 9.7%**. 9.7% of revenue is left after running the business.
- **Net margin: 6.2%**. 6.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.4%**. 7.4% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 35.0%**. Return on all capital, debt included, is 35.0%: comfortably above what that capital costs.
- **Return on assets: 8.5%**. Each dollar of assets produces 8.5% of profit.

## Growth
- **Revenue growth (1 yr): -7.3%** (3-yr -4.4%/yr, 5-yr 2.6%/yr). Revenue fell 7.3% over the last year, against 2.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -17.9%** (3-yr 16.5%/yr, 5-yr -10.0%/yr). Earnings per share fell 17.9%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 58.9%/yr**. Free cash flow has compounded at 58.9% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.15**. Debt is 0.15 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Aptitude Software Group plc holds more cash than debt.
- **Interest coverage: 17.2×**. Operating profit covers interest 17.2× over, a safe margin.
- **Current ratio: 1.01** (quick 1.01). Current assets cover the next year's liabilities 1.01 times.
- **Altman Z-score: 2.88**. A Z-score of 2.88 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 2.45%** (0p per share, trailing). Aptitude Software Group plc yields 2.45%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 75%** (38% of free cash flow). 75% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.
- **Shareholder yield: 10.2%**. Dividends plus net buybacks return 10.2% of the market value a year.

## Price and momentum
- **Total return (1 yr): -27.0%** (YTD -25.5%, 3-mo 0.9%). The shares are down 27.0% over twelve months including dividends.
- **From 52-week high: -28.7%** (12.2% above the low). Trading 29% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 61**. An RSI of 61 is neutral.
- **Beta (1 yr): 0.02** (volatility 35%). Beta of 0.02 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.