# ICG Enterprise Trust Plc (ICGT.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 1460p, market value 887 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). ICG Enterprise Trust 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: 5.9×**. Each dollar of revenue is priced at 5.9×.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 7.5×**. Enterprise value is 7.5× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 4.1%** (5-yr avg 0.1%). Free cash flow equals 4.1% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been.

## Profitability
- **Gross margin: 89.4%**. ICG Enterprise Trust Plc keeps 89.4% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 63.9%**. 63.9% of revenue is left after running the business, an exceptional level.
- **Net margin: -52.2%**. The company reported a net loss over the last twelve months.
- **Return on equity: -0.7%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 7.4%**. Return on all capital, debt included, is 7.4%.
- **Return on assets: 7.4%**. Each dollar of assets produces 7.4% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -86.4%** (3-yr -55.8%/yr, 5-yr -39.0%/yr). Revenue fell 86.4% over the last year, against -39.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -107.9%**. Earnings per share fell 107.9%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -1.1%/yr**. Free cash flow has compounded at -1.1% a year over three years.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: 34 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**. ICG Enterprise Trust Plc does not currently pay a dividend, but it returned 7.2% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 4.5%** (YTD -1.1%, 3-mo 5.4%). The shares are up 4.5% over twelve months including dividends.
- **From 52-week high: -9.4%** (13.3% above the low). Trading 9% 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): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): 0.40** (volatility 17%). Beta of 0.40 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.