# Edinburgh Worldwide Investment Trust Plc (EWI.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 264p, market value 914 millionp.

## Valuation
- **P/E (trailing): 3.7×** (5-yr avg 663.3×, 3-yr avg 623.4×). Edinburgh Worldwide Investment Trust Plc trades at 3.7× trailing earnings, well below its own five-year average of 663.3×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 3.7×**. Each dollar of revenue is priced at 3.7×.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 3.3×**. Enterprise value is 3.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -1.5%** (5-yr avg -0.0%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 27.2%**. The inverse of the P/E: 27.2% of the price is earned each year.

## Profitability
- **Gross margin: 97.4%**. Edinburgh Worldwide Investment Trust Plc keeps 97.4% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 113.7%**. 113.7% of revenue is left after running the business, an exceptional level.
- **Net margin: 94.5%**. 94.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 23.0%**. 23.0% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 35.9%**. Return on all capital, debt included, is 35.9%: comfortably above what that capital costs.
- **Return on assets: 32.5%**. Each dollar of assets produces 32.5% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 251.0%** (3-yr 40.8%/yr, 5-yr -10.3%/yr). Revenue grew 251.0% over the last year, against -10.3% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 157.9%** (5-yr -13.3%/yr). Earnings per share rose 157.9%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.
- **Cash and short-term investments: 59 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**. Edinburgh Worldwide Investment Trust Plc does not currently pay a dividend, but it returned 6.9% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 39.0%** (YTD 24.9%, 3-mo -3.6%). The shares are up 39.0% over twelve months including dividends.
- **From 52-week high: -10.3%** (40.4% above the low). Trading 10% 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): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 0.70** (volatility 24%). Beta of 0.70 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.