# Capital Limited (CAPD.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Basic Materials / Metals & Mining. Price 114p, market value 257 millionp.

## Valuation
- **P/E (trailing): 4.2×** (5-yr avg 565.6×, 3-yr avg 571.3×). Capital Limited trades at 4.2× trailing earnings, well below its own five-year average of 565.6×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 8.3×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.03**. A PEG of 0.03 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.5×**. Each dollar of revenue is priced at 0.5×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 2.0×**. Enterprise value is 2.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 18.8%** (5-yr avg 0.1%). Free cash flow equals 18.8% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 23.7%**. The inverse of the P/E: 23.7% of the price is earned each year.

## Profitability
- **Gross margin: 39.1%**. Capital Limited keeps 39.1% of revenue after the direct cost of what it sells.
- **Operating margin: 12.4%**. 12.4% of revenue is left after running the business.
- **Net margin: 20.1%**. 20.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.8%**. 18.8% on shareholders' equity is solid.
- **Return on invested capital: 17.5%**. Return on all capital, debt included, is 17.5%: comfortably above what that capital costs.
- **Return on assets: 13.8%**. Each dollar of assets produces 13.8% of profit.

## Growth
- **Revenue growth (1 yr): 1.4%** (3-yr 6.7%/yr, 5-yr 21.2%/yr). Revenue grew 1.4% over the last year, against 21.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 295.5%** (3-yr 47.1%/yr, 5-yr 14.2%/yr). Earnings per share rose 295.5%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 79.3%/yr**. Free cash flow has compounded at 79.3% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.35**. Debt is 0.35 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Capital Limited holds more cash than debt.
- **Interest coverage: 3.7×**. Operating profit covers interest 3.7× over, a safe margin.
- **Current ratio: 2.47** (quick 1.99). Current assets cover the next year's liabilities 2.47 times.
- **Altman Z-score: 2.65**. A Z-score of 2.65 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.67%** (0p per share, trailing). Capital Limited yields 1.67%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 7%** (19% of free cash flow). 7% of earnings goes out as dividends, leaving room to keep raising it.
- **Dividend growth (5 yr): 10.2%/yr** (1-yr -33.3%). The dividend has compounded at 10.2% a year over five years, doubling roughly every 7 years at that pace.
- **Shareholder yield: -9.4%**. Dividends plus net buybacks return -9.4% of the market value a year.

## Price and momentum
- **Total return (1 yr): 23.9%** (YTD -1.1%, 3-mo -0.7%). The shares are up 23.9% over twelve months including dividends.
- **From 52-week high: -28.3%** (27.8% above the low). Trading 28% 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): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 0.89** (volatility 42%). Beta of 0.89 against the FTSE All-Share: the shares move roughly with the market.

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

Not investment advice.