# Crown Place VCT PLC (CRWN.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 28p, market value 170 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Crown Place VCT PLC reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 17.0×**. Each dollar of revenue is priced at 17.0×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 18.5×**. Enterprise value is 18.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -1.2%** (5-yr avg -0.3%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 80.8%**. Crown Place VCT PLC keeps 80.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 71.0%**. 71.0% of revenue is left after running the business, an exceptional level.
- **Net margin: -54.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -0.6%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 5.4%**. Return on all capital, debt included, is 5.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 4.1%**. Each dollar of assets produces 4.1% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -55.0%** (3-yr -28.6%/yr). Revenue fell 55.0% over the last year.
- **EPS growth (1 yr): -142.7%**. Earnings per share fell 142.7%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: 39 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**. Crown Place VCT PLC does not currently pay a dividend, but it returned -24.1% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -3.4%** (YTD -99.0%, 3-mo -99.0%). The shares are down 3.4% over twelve months including dividends.
- **From 52-week high: -3.4%** (-0.0% above the low). Trading within 5% of 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): 37**. An RSI of 37 is neutral.

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

Not investment advice.