# Allianz Technology Trust Plc (ATT.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Technology. Price 706p, market value 2.3 billionp.

## Valuation
- **P/E (trailing): 2.0×** (5-yr avg 437.1×, 3-yr avg 373.0×). Allianz Technology Trust Plc trades at 2.0× trailing earnings, well below its own five-year average of 437.1×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×.
- **Price / sales: 2.6×**. Each dollar of revenue is priced at 2.6×.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 1.8×**. Enterprise value is 1.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 0.0%**. Free cash flow equals 0.0% of the market value.
- **Earnings yield: 49.2%**. The inverse of the P/E: 49.2% of the price is earned each year.

## Profitability
- **Gross margin: 98.9%**. Allianz Technology Trust Plc keeps 98.9% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 97.6%**. 97.6% of revenue is left after running the business, an exceptional level.
- **Net margin: 96.5%**. 96.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 20.1%**. 20.1% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 43.3%**. Return on all capital, debt included, is 43.3%: comfortably above what that capital costs.
- **Return on assets: 42.7%**. Each dollar of assets produces 42.7% of profit.

## Growth
- **Revenue growth (1 yr): -10.2%** (5-yr -4.2%/yr). Revenue fell 10.2% over the last year, against -4.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -9.2%** (5-yr -3.0%/yr). Earnings per share fell 9.2%, roughly in step with revenue.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Allianz Technology Trust Plc holds more cash than debt.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Allianz Technology Trust Plc does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 54.3%** (YTD 34.9%, 3-mo -0.5%). The shares are up 54.3% over twelve months including dividends.
- **From 52-week high: -10.6%** (51.5% above the low). Trading 11% 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): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 0.59** (volatility 27%). Beta of 0.59 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.