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EKF Diagnostics Holdings (EKF) Fair Value & Analysis

Healthcare · GB · Market cap 108M GBX

ED EKF Diagnostics Holdings EKF · LSE
Price£0.2530
Fair Value£0.1100
Upside-56.5%
Quality70/100
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Weak Growth
Thin margins · 4.1% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/12)
Narrow moat 40/100
Evidence: High Range £0.1100 – £0.1400 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated yesterday

Share price −1.7% over the past month.

A solid business, but screening 57% overvalued on our models.

What matters now

  • A high-quality business (quality 70/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (£0.1400). The favourable scenario is already priced in.
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Price vs Fair Value (5 years)

£0.7821 £0.1875 Fair Value £0.1100 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range £0.1875 – £0.7821 · fair‑value band £0.1100 – £0.1400 · the £0.2530 price screens above the £0.1100 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

EKF Diagnostics Holdings (EKF) currently trades at £0.2530, while our model-based Fair Value estimate is £0.1100, implying the stock looks roughly 56.5% overvalued today. The Quality Score stands at 70/100 (solid quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, EKF Diagnostics Holdings generated revenue of £51.6M at a net margin of 4.1%. Revenue grew 5.4% year over year. It earns a return on equity of 3.5%. The balance sheet holds a net cash position of £14.4M. Fundamentals as of Aug 13, 2026

Our scenario range runs from £0.1100 (bear case) to £0.1400 (bull case); at £0.2530, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Healthcare peers we cover trades at -33% fair-value upside, at -57%, EKF screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF £0.2500 £0.3800 £0.5800 80
Residual Income £0.1100 £0.1000 £0.0800 76
Rev-Margin DCF £0.2300 £0.3700 £0.6600 74
All 26 models by family
DCF Models
FCF DCF £0.2600 £0.3500 £0.6200 38
Owner Earnings £0.1900 £0.3400 £0.6000 31
5Y Revenue Exit £0.2200 £0.3300 £0.5700 39
5Y EBITDA Exit £0.3100 £0.5200 £0.9300 41
5Y P/E Exit £0.1700 £0.2800 £0.4200 38
10Y Revenue Exit £0.2300 £0.4100 £0.5200 36
10Y EBITDA Exit £0.2900 £0.5800 £1.09 37
10Y P/E Exit £0.2000 £0.3300 £0.5100 35
Earnings-Based
Graham-Dodd £0.0300 £0.2300 £0.3300 54
Lynch FV £0.1200 £0.1700 £0.2200 50
PEG = 1.0 £0.1200 £0.1700 £0.2200 46
EPV £0.0900 £0.1000 £0.1100 59
Dividend Discount
Gordon GGM £0.0900 £0.1500 £0.1900 70
DDM Multi-Stage £0.0900 £0.1400 £0.1600 61
Multiples
P/E Multiple £0.0800 £0.1100 £0.1400 63
P/S Multiple £0.0600 £0.0800 £0.1000 58
P/B Multiple £0.0600 £0.0800 £0.1000 55
EV/EBIT £0.2400 £0.3000 £0.3700 53
EV/EBITDA £0.3300 £0.4300 £0.5300 54
EV/Revenue £0.1800 £0.2400 £0.3000 43
Asset-Based
NCAV (Graham) £0.0800 £0.1100 £0.1600 50
Growth DCF
Growth DCF £0.2500 £0.3800 £0.5800 80
Rev-Margin DCF £0.2300 £0.3700 £0.6600 74
Economic Profit
Residual Income £0.1100 £0.1000 £0.0800 76
ROIC Compounder £0.0900 £0.1000 £0.1100 72
Growth Earnings
Growth-Adj P/E £0.1600 £0.2300 £0.3000 68

Widest divergence: Growth DCF (£0.3700) versus Economic Profit (£0.1000). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 51.6M GBX
Revenue growth (YoY) +5.4%
Net margin 4.1%
Return on equity 3.5%
Free cash flow 8.2M GBX FY2025
Operating margin 12.9%
More key figures
EPS growth (YoY) -96.0%
Net cash 14.4M GBX FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 71 · Market factors (momentum, volatility) 42

Profitability 37
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 80
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 27
Distance to the 52-week high (market factor)
Net Issuance 91
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

EKF Diagnostics Holdings plc engages in the design, development, manufacture, and sale of diagnostic instruments, reagents, and other ancillary products in the Americas, Europe, the Middle East, Asia, Africa, and internationally.

Full company description

EKF Diagnostics Holdings plc engages in the design, development, manufacture, and sale of diagnostic instruments, reagents, and other ancillary products in the Americas, Europe, the Middle East, Asia, Africa, and internationally. The company offers DiaSpect Tm analyzer; Hemo Control, a hemoglobin analyzer; and HemataStat II, a microhematocrit centrifuge that provides a quantitative hematocrit reading for six blood samples. It also provides glucose and lactate analyzers, such as Biosen C-Line GP+ and C-Line Clinic; Quo-Lab HbA1c, a desktop point-of-care analyzer for measuring glycated hemoglobin; Quo-Test HbA1c, fully automated hemoglobin A1c analyzer for the monitoring and management of diabetes; and STAT-Site W Beta-Hydroxybutyrate analyzer. In addition, the company offers Creamatocrit Plus, a breast milk analyzer; QuPID and True20 pregnancy tests; Lactate Scout Vet, a handheld lactate analyzer for veterinary care; Hemo Vet, a point-of-care hemoglobin and hematocrit analyzer; Lactate Scout Sport, a lactate analyzer for sports performance; Biosen series for sports; and EKF Link, a data management solution that integrates point-of-care analyzers. Further, it offers Beta-Hydroxybutyrate LiquiColor for monitoring ketosis; RaPET, a range of immunoassay kits; QuStick Strep A for Strep A infection treatment; Hema-Screen Lab Pack for detection of colorectal cancer; PrimeStore MTM, a molecular transport medium that preserves and stabilizes DNA and RNA; Uri-Trak 120M urine analyzer; and clinical chemistry reagents, controls, and standards. Additionally, the company provides precision fermentation, custom bioprocessing, and contract manufacturing solutions; and diagnostic enzymes that include arylacylamidase, beta-hydroxybutyrate dehydrogenase, and salicylate hydroxylase. The company was founded in 1990 and is headquartered in Cardiff, the United Kingdom.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

EKF Diagnostics Holdings reported revenue of £51.6M in FY2025 versus £81.8M in FY2021, a compound −10.9%/yr. Reported net income was £2.1M in FY2025, compounding −39.5%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
£51.6M
Latest YoY
+2.7%
Avg. growth/yr (3Y) 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.
−8.2%
Avg. growth/yr (5Y) 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.
−4.6%
Avg. growth/yr (24Y) 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.
+17.4%
Revenue −10.9%/yr
FY21 £81.8M
FY22 £66.6M
FY23 £52.6M
FY24 £50.2M
FY25 £51.6M
Net income −39.5%/yr
FY21 £15.9M
FY22 −£10.1M
FY23 £2.4M
FY24 £6.2M
FY25 £2.1M

EKF screens 57% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "EKF Diagnostics Holdings Fair Value". https://www.fairvalue-calculator.com/stock/EKF

Peer Group

Medical Devices · 346 stocks

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.

Quality Score 70 · Top 25%
Fair Value upside −57% · Below median
Return on equity (TTM) 4% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 4% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth 5% · Below median

Valuation Multiples vs Medical Devices median · lower = cheaper

P/B 2.12× · Pricier than median
P/S (TTM) 2.85× · Pricier than median
P/FCF 17.9× · Pricier than median
EV/EBITDA 12.9× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 27 · sector 31
PAST 14 · sector 8
HEALTH 100 · sector 97
DIVIDEND 0 · sector 39

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Medical Devices stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $110.91 $74.79 -33%
Stryker Corporation SYK $347.21 $186.28 -46%
Medtronic plc MDT $90.76 $65.57 -28%
Boston Scientific Corporation BSX $51.42 $38.44 -25%
Edwards Lifesciences Corporation EW $93.05 $41.02 -56%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥153.60 ¥147.63 -4%
Shanghai United Imaging Healthcare Co 688271 ¥110.50 ¥43.60 -61%
Demant A/S DEMANT kr 289.60 kr 161.17 -44%
Getinge AB GETIB kr 239.30 kr 192.14 -20%
Sectra AB SECTB kr 280.00 kr 66.81 -76%

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Frequently asked questions

Is EKF Diagnostics Holdings (EKF) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of £0.1100 versus a price of £0.2530, about −57% (overvalued).
What is the fair value of EKF?
Our model-based fair value for EKF Diagnostics Holdings is £0.1100 (as of Aug 13, 2026), built from audited fundamentals. The current price is £0.2530.
What is the quality score of EKF?
EKF Diagnostics Holdings has a Quality Score of 70/100. 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 revenue of EKF Diagnostics Holdings (EKF)?
EKF Diagnostics Holdings reported trailing-twelve-month revenue of about £51.6M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of EKF?
The net profit margin of EKF Diagnostics Holdings is about 4.1%, meaning it keeps roughly 4.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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