# Strategic Equity Capital Plc (SEC.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 355p, market value 119 millionp.

## Valuation
- **P/E (trailing): 9.3×** (5-yr avg 743.0×, 3-yr avg 975.8×). Strategic Equity Capital Plc trades at 9.3× trailing earnings, well below its own five-year average of 743.0×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 1.9×**. Each dollar of revenue is priced at 1.9×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 4.4×**. Enterprise value is 4.4× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 4.3%** (5-yr avg 0.1%). Free cash flow equals 4.3% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 10.7%**. The inverse of the P/E: 10.7% of the price is earned each year.

## Profitability
- **Gross margin: 97.0%**. Strategic Equity Capital Plc keeps 97.0% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 39.5%**. 39.5% of revenue is left after running the business, an exceptional level.
- **Net margin: -8.4%**. The company reported a net loss over the last twelve months.
- **Return on equity: -1.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 15.2%**. Return on all capital, debt included, is 15.2%: comfortably above what that capital costs.
- **Return on assets: 14.4%**. Each dollar of assets produces 14.4% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 4.9%** (3-yr 41.3%/yr). Revenue grew 4.9% over the last year.
- **EPS growth (1 yr): -110.5%**. Earnings per share fell 110.5%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -70.7%/yr**. Free cash flow has compounded at -70.7% a year over three years.

## Financial health
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.
- **Cash and short-term investments: 10 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**. Strategic Equity Capital Plc does not currently pay a dividend, but it returned 34.3% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -5.1%** (YTD -3.6%, 3-mo -3.8%). The shares are down 5.1% over twelve months including dividends.
- **From 52-week high: -17.7%** (7.5% above the low). Trading 18% below 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): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 0.15** (volatility 20%). Beta of 0.15 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.