# Octopus Renewables Infrastructure Trust PLC (ORIT.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Energy. Price 62p, market value 327 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Octopus Renewables Infrastructure 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: 5.3×**. Each dollar of revenue is priced at 5.3×.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 11.6%** (5-yr avg 0.1%). Free cash flow equals 11.6% 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.

## Profitability
- **Gross margin: 85.0%**. Octopus Renewables Infrastructure Trust PLC keeps 85.0% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -18.9%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -53.6%**. The company reported a net loss over the last twelve months.
- **Return on equity: -4.6%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -2.4%**. Return on all capital, debt included, is -2.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -2.3%**. Each dollar of assets produces -2.3% of profit.

## Growth
- **Revenue growth (1 yr): 0.7%** (3-yr -16.0%/yr, 5-yr 22.6%/yr). Revenue grew 0.7% over the last year, against 22.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -302.9%**. Earnings per share fell 302.9%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 3.6%/yr**. Free cash flow has compounded at 3.6% a year over three years.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 32.3×**. It would take 32.3 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Octopus Renewables Infrastructure Trust PLC does not currently pay a dividend, but it returned 8.0% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -8.8%** (YTD 2.2%, 3-mo -0.6%). The shares are down 8.8% over twelve months including dividends.
- **From 52-week high: -9.8%** (17.7% 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): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 0.26** (volatility 23%). Beta of 0.26 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.