Strix Group Plc (KETL) fair value: what the stock is really worth
As of Nov 10, 2026: fair value (intrinsic value) of Strix Group Plc stock £0.84, price £0.33, upside +156.9%, quality 65 out of 100. Rating: strongly undervalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range £0.3190 – £3.46 · fair‑value band £0.5700 – £1.15 · the £0.3270 price screens below the £0.8400 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Strix Group Plc designs, manufactures, and supplies kettle safety controls and other components worldwide. The company offers thermostatic controls; cordless interfaces; and other products, such as water dispensers, taps, jugs, and filters.
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It also provides water heating and temperature control, steam management, and water filtration devices, as well as small household appliances for personal health and wellness. The company offers its products primarily under the Strix, Aqua Optima, LAICA, astrea, and Billi brands.
It serves original equipment manufacturers, brands, and retailers. The company was formerly known as Steam Plc and changed its name to Strix Group Plc in July 2017. Strix Group Plc was incorporated in 2017 and is headquartered in the Isle of Man, the Isle of Man.
Stock analysis
Strix Group Plc (KETL) currently trades at £0.3270, while our model-based Fair Value estimate is £0.8400, implying the stock looks roughly 61% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of £6.39 per share, and 19 of the 22 models we run sit above the £0.3270 price.
Bear case: the Asset-Based group reads lowest at £0.2100, and 3 of the 22 models stay below the price. Data coverage for this calculation is low.
Scenario range: £0.5700 (bear) to £1.15 (bull), the price of £0.3270 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 65/100 (solid quality), in the Technology sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Strix Group Plc reported revenue of £103M in FY2026 versus £119M in FY2021, a compound −2.9%/yr. Reported net income was £60.2M in FY2026, compounding +23.9%/yr from FY2021.
Key figures
Market cap £75.0M Micro · P/E ratio 8.2 · P/S ratio 4.78 · EPS (TTM) £0.0400 · Net margin 58.5% · Return on equity 18.2% · Return on assets (EBIT) 11.2% (5-year average) · Operating margin 16.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 73 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −11% fair-value upside, at 157%, KETL screens cheaper than that median.
Fair Value models
Bear£0.5700Fair Value £0.8400Bull£1.15
Price £0.3270 · Upside +156.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.39/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−10.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−2.9%
Start year 2021 (pandemic). Over 10 years: +1.5% a year
Revenue growth 14 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−23.2%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+21.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+21.7%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 21.7% / 8.4%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.20% → 9%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+6.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+0.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +4.0% a year for the price and −1.8% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Components · 693 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score65 · Top 25%
Fair Value upside+156.9% · Top 25%
Profitability
Return on equity (12 months)18.2% · Top 25%
Return on assets43.9% · Top 25%
Net margin (12 months)58.5% · Top 25%
Operating margin (12 months)16.0% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−5.3% · Bottom 25%
Balance sheet
Debt / equity0.65× · Highest 25%
Valuation Multiplesvs Electronic Components median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Strix Group Plc Fair Value". https://www.fairvalue-calculator.com/stock/KETL
Frequently asked questions
Is Strix Group Plc (KETL) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of £0.8400 versus a price of £0.3270, about +157% upside (undervalued).
What is the fair value of KETL?
Our model-based fair value for Strix Group Plc is £0.8400 (as of Nov 7, 2026), built from audited fundamentals. The current price: £0.3270.
What is the quality score of KETL?
Strix Group Plc has a Quality Score of 65/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Strix Group Plc (KETL)?
Our model-based price target is the fair value of £0.8400 (as of Nov 7, 2026) from 22 valuation models. Cautious scenario £0.5700, optimistic scenario £1.15. It is a calculation from audited fundamentals, not an analyst target.
What is the Strix Group Plc stock forecast for 2026?
Our models put fair value at £0.8400, about +157% upside versus a price of £0.3270 (undervalued). Cautious scenario £0.5700, optimistic scenario £1.15. The calculation is refreshed regularly with new filings.
What is the revenue of Strix Group Plc (KETL)?
Strix Group Plc reported trailing-twelve-month revenue of about £82.4M (latest available figure, as of Nov 7, 2026).
What growth is priced into Strix Group Plc (KETL)?
For today's price to be fair in a discounted-cash-flow model, Strix Group Plc would have to grow free cash flow by +6.5 % per year for five years (discount rate 13.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -2.9 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of KETL use?
Our models discount Strix Group Plc at 13.0 %: a base by market capitalisation (micro), damped by beta 0.92, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Strix Group Plc that is +6.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.0 %) and the same formula as our fair value.
How much growth has Strix Group Plc (KETL) delivered so far?
Over the past 5 years revenue at Strix Group Plc grew -2.9 % a year. The price currently implies free-cash-flow growth of +6.5 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Strix Group Plc (KETL) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Strix Group Plc (+6.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Strix Group Plc (KETL)?
The free-cash-flow yield on the price is 12.59 %: that much free cash flow Strix Group Plc produces per unit of market value. When it exceeds the discount rate of our models (13.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Strix Group Plc (KETL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Strix Group Plc it is £0.8400 per share (as of Nov 7, 2026), against a price of £0.3270. It is the blended result of 22 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Strix Group Plc stock overvalued or undervalued in 2026?
As of Nov 7, 2026, KETL trades below its calculated fair value: price £0.3270, fair value £0.8400, a gap of about +157% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of KETL?
No. The price is what the market pays today (£0.3270); the fair value is what the company's own numbers justify (£0.8400). For Strix Group Plc the two are £0.5130 per share apart. That gap is exactly why we show both numbers side by side.
How much is Strix Group Plc worth?
The market values Strix Group Plc at about £75.0M (market capitalisation, as of Nov 7, 2026). Per share that is £0.3270; our models calculate a fair value of £0.8400 per share.
What do the bullish and bearish scenarios say about KETL?
Our models span a range for Strix Group Plc: cautious scenario £0.5700, base £0.8400, optimistic £1.15 per share (as of Nov 7, 2026, price £0.3270). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KETL?
Strix Group Plc trades at a price-to-earnings ratio of 8.2 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £0.8400 is built from several models across several years. Other multiples: P/B 0.9, P/S 1.2, EV/EBITDA 9.6.
How solid is the balance sheet of Strix Group Plc (KETL)?
Balance-sheet figures for Strix Group Plc (as of Nov 7, 2026): return on equity 18.2%, debt of 0.65 per unit of equity. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is KETL from its 52-week high?
Strix Group Plc trades at £0.3270, about 36% below its 52-week high of £0.5090 and 3% above the low of £0.3190 (as of Nov 10, 2026). Distance from the high says nothing about value: that is what the fair value of £0.8400 is for.
Which stocks are comparable to Strix Group Plc?
From the same area (Technology) we also value Amphenol Corporation, Hon Hai Precision Industry Co, Corning Incorporated, Delta Electronics, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Strix Group Plc stock attractive at the current price?
The data as of Nov 7, 2026: price £0.3270, calculated fair value £0.8400 (+157%), Quality Score 65/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of KETL calculated?
We run Strix Group Plc through 22 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of £0.8400 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. Strix Group Plc currently trades 61% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Strix Group Plc (KETL)?
The closing price on Nov 10, 2026 was £0.3270. Our model-based fair value is £0.8400, about +157% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Strix Group Plc right now?
The price is below even our cautious bear case (£0.5700). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (65/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (£0.5700 to £1.15) leaves room in how you read the outcome.
Where does the earnings growth of Strix Group Plc (KETL) come from?
Earnings per share at Strix Group Plc grew +4.2 % a year from 2015 to 2026. Broken into its drivers: revenue per share +2.2 %, EBIT margin −6.9 %, tax rate −0.1 %, residual (interest, one-offs) +9.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Strix Group Plc
How large is the market capitalisation of Strix Group Plc (KETL)?
The market capitalisation of Strix Group Plc is £75.0M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Strix Group Plc (KETL)?
The price-to-sales ratio of Strix Group Plc is 4.78 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Strix Group Plc (KETL)?
Earnings per share at Strix Group Plc are £0.0400 (price ÷ EPS = P/E 8.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Strix Group Plc (KETL)?
The net margin of Strix Group Plc is 58.5% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Strix Group Plc (KETL)?
The return on equity (ROE) of Strix Group Plc is 18.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Strix Group Plc (KETL)?
On an EBIT basis the return on assets of Strix Group Plc is 11.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Strix Group Plc (KETL)?
The operating margin of Strix Group Plc is 16.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Strix Group Plc (KETL)?
Revenue at Strix Group Plc is growing −5.3% versus a year earlier (3y avg −1.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Strix Group Plc (KETL)?
Earnings per share at Strix Group Plc are growing −51.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Strix Group Plc (KETL) hold?
Strix Group Plc holds more cash than debt, £38.1M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 7, 2026