# SRT Marine Systems plc (SRT.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Technology / Electronic Equipment, Instruments & Components. Price 80p, market value 218 millionp.

## Valuation
- **P/E (trailing): 79.8×**. SRT Marine Systems plc trades at 79.8× trailing earnings. The Technology median in the September 2026 study was 32.1×. Forward P/E is 20.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.18**. A PEG of 0.18 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 6.7×**. The shares trade at 6.7× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 127.0×**. Enterprise value is 127.0× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 8.5%** (5-yr avg -0.0%). Free cash flow equals 8.5% of the market value, above its five-year average of -0.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 1.3%**. The inverse of the P/E: 1.3% of the price is earned each year.

## Profitability
- **Gross margin: 32.9%**. SRT Marine Systems plc keeps 32.9% of revenue after the direct cost of what it sells.
- **Operating margin: -3.6%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 2.6%**. 2.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.5%**. 7.5% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: -8.8%**. Return on all capital, debt included, is -8.8%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -6.8%**. Each dollar of assets produces -6.8% of profit.

## Growth
- **Revenue growth (1 yr): 558.3%** (3-yr 112.1%/yr, 5-yr 32.8%/yr). Revenue grew 558.3% over the last year, against 32.8% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 115.7%**. Earnings per share rose 115.7%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.64**. Debt is 0.64 times equity, moderate leverage.
- **Net debt / EBITDA: 4.1×**. It would take 4.1 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: -1.2×**. Operating profit covers interest only -1.2×: fragile.
- **Current ratio: 1.28** (quick 1.20). Current assets cover the next year's liabilities 1.28 times.
- **Altman Z-score: 3.88**. A Z-score of 3.88 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. SRT Marine Systems plc does not currently pay a dividend, but it returned -0.0% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -0.1%** (YTD -9.6%, 3-mo -6.5%). The shares are down 0.1% over twelve months including dividends.
- **From 52-week high: -19.4%** (16.8% above the low). Trading 19% 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): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 0.83** (volatility 40%). Beta of 0.83 against the FTSE All-Share: the shares move roughly with the market.

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

Not investment advice.