# Octopus Titan VCT plc (OTV2.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 18p, market value 288 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Octopus Titan 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 / book: 0.4×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: -4.9%** (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.

## Profitability
- **Gross margin: 113.7%**. Octopus Titan VCT plc keeps 113.7% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 238.2%**. 238.2% of revenue is left after running the business, an exceptional level.
- **Return on equity: -12.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -17.9%**. Return on all capital, debt included, is -17.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -16.0%**. Each dollar of assets produces -16.0% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -81.3%** (5-yr -49.3%/yr). Revenue fell 81.3% over the last year, against -49.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 38.8%**. Earnings per share rose 38.8%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: 76 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**. Octopus Titan VCT plc does not currently pay a dividend, but it returned -0.1% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -99.4%** (YTD -99.3%, 3-mo -99.1%). The shares are down 99.4% over twelve months including dividends.
- **From 52-week high: -39.7%** (-0.0% above the low). Trading 40% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 4**. An RSI of 4 is oversold; bounces are common, but oversold can stay oversold in a real decline.

Live score and charts: https://foliofundamentals.com/analyzer?s=OTV2.L · Page: https://foliofundamentals.com/stocks/otv2.l

Not investment advice.