Ilika plc (IKA) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of Ilika plc £0.04, price £0.22, upside -81.8%, quality 48 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Ilika plc for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range £0.1475 – £2.09 · fair‑value band £0.0300 – £0.0500 · the £0.2200 price screens above the £0.0400 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
Follow Ilika in your weekly email
Every Wednesday you see whether Ilika is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Ilika plc engages in designing, production, and development of solid state batteries in the United Kingdom, Asia, Europe, and North America. The company offers solid state batteries for transportation under the Goliath name for electric vehicles and cordless consumer electronics.
Show more
Ilika plc engages in designing, production, and development of solid state batteries in the United Kingdom, Asia, Europe, and North America. The company offers solid state batteries for transportation under the Goliath name for electric vehicles and cordless consumer electronics. It also provides solid state batteries for healthcare under the Stereax name for neurostimulation, cardiac sensing, smart orthopaedics, smart orthodontics, smart contact lenses, and industrial IoT sensors. Ilika plc was founded in 2004 and is headquartered in Romsey, the United Kingdom.
Stock analysis
Ilika plc (IKA) currently trades at £0.2200, while our model-based Fair Value estimate is £0.0400, implying the stock looks roughly 450.1% overvalued today.
Show more
Valuation
How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: £0.0300 (bear) to £0.0500 (bull), the price of £0.2200 sits above 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 48/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Ilika plc reported revenue of £73.5K in FY2025 versus £230K in FY2021, a compound −24.9%/yr. Reported net income was −£5.9M in FY2025.
Key figures
Market cap 56.2M GBX · P/S ratio 84.6 · EPS (TTM) £−0.0500 · Return on equity −38.2% · Return on assets (EBIT) −32.6% · Operating margin −755% · Revenue growth (YoY) −39.5% · Free cash flow −6.3M GBX.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades about 56% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −38% fair-value upside, at −82%, IKA screens richer than that median.
Fair Value models
Bear £0.0300Fair Value £0.0400Bull £0.0500
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. 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.Evidence ⓘEvidence = 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.0/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+265.7%
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.
+33.5%
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.
−27.5%
Start year 2020 (pandemic). Over 10 years: −23.7% a year
Revenue growth 18 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.
−13.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘ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.
−1,585.4% (2020) → −10,286.9% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Electrical Equipment & Parts · 545 stocks
Beats the industry median on 0/5 measures
Overall it trails its industry peers.
Valuation
Quality Score49 · Below median
Fair Value upside−81.8% · Bottom 25%
Profitability
Return on assets−26.6% · Bottom 25%
Growth and dividend
Revenue growth−39.5% · Bottom 25%
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
P/B4.33× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 58
PAST (return on equity)0· sector 26
HEALTH (low debt)100· sector 97
DIVIDEND (yield)0· sector 23
VALUE 0: the price sits above our fair-value range.
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). "Ilika plc Fair Value". https://www.fairvalue-calculator.com/stock/IKA
Frequently asked questions
Is Ilika plc (IKA) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of £0.0400 versus a price of £0.2200, about −82% upside (overvalued).
What is the fair value of IKA?
Our model-based fair value for Ilika plc is £0.0400 (as of Sep 27, 2026), built from audited fundamentals. The current price: £0.2200.
What is the quality score of IKA?
Ilika plc has a Quality Score of 48/100. 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 Ilika plc (IKA)?
Our model-based price target is the fair value of £0.0400 (as of Sep 27, 2026) from 1 valuation models. Cautious scenario £0.0300, optimistic scenario £0.0500. It is a calculation from audited fundamentals, not an analyst target.
What is the Ilika plc stock forecast for 2026?
Our models put fair value at £0.0400, about −82% upside versus a price of £0.2200 (overvalued). Cautious scenario £0.0300, optimistic scenario £0.0500. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Ilika plc (IKA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ilika plc it is £0.0400 per share (as of Sep 27, 2026), against a price of £0.2200. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Ilika plc stock overvalued or undervalued in 2026?
As of Sep 27, 2026, IKA trades above its calculated fair value: price £0.2200, fair value £0.0400, a gap of about −82% (overvalued). 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 IKA?
No. The price is what the market pays today (£0.2200); the fair value is what the company's own numbers justify (£0.0400). For Ilika plc the two are £0.1800 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ilika plc worth?
The market values Ilika plc at about 56.2M GBX (market capitalisation, as of Sep 27, 2026). Per share that is £0.2200; our models calculate a fair value of £0.0400 per share.
What do the bullish and bearish scenarios say about IKA?
Our models span a range for Ilika plc: cautious scenario £0.0300, base £0.0400, optimistic £0.0500 per share (as of Sep 27, 2026, price £0.2200). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Ilika plc (IKA)?
Balance-sheet figures for Ilika plc (as of Sep 27, 2026): return on equity −38.2%. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is IKA from its 52-week high?
Ilika plc trades at £0.2200, about 56% below its 52-week high of £0.5000 and 1% above the low of £0.2180 (as of Sep 25, 2026). Distance from the high says nothing about value: that is what the fair value of £0.0400 is for.
Which stocks are comparable to Ilika plc?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Delta Electronics (Thailand) Public Company, Vertiv Holdings, 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 Ilika plc stock attractive at the current price?
The data as of Sep 27, 2026: price £0.2200, calculated fair value £0.0400 (−82%), Quality Score 48/100, from 1 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 IKA calculated?
We run Ilika plc through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of £0.0400, 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 16.1 % above its aggregate fair value. Ilika plc itself currently trades above fair value. 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 Ilika plc (IKA)?
The closing price on Sep 25, 2026 was £0.2200. Our model-based fair value is £0.0400, about −82% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ilika plc right now?
The price sits above even our optimistic bull case (£0.0500). The favourable scenario is already priced in. 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 but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Ilika plc
How large is the market capitalisation of Ilika plc (IKA)?
The market capitalisation of Ilika plc is 56.2M GBX. 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 Ilika plc (IKA)?
The price-to-sales ratio of Ilika plc is 84.6 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Ilika plc (IKA)?
Earnings per share at Ilika plc are £−0.0500. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Ilika plc (IKA)?
The return on equity (ROE) of Ilika plc is −38.2% (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 Ilika plc (IKA)?
On an EBIT basis the return on assets of Ilika plc is −32.6% (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 Ilika plc (IKA)?
The operating margin of Ilika plc is −755% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ilika plc (IKA)?
Revenue at Ilika plc is growing −39.5% versus a year earlier (3y avg +33.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Ilika plc (IKA) generate?
The free cash flow of Ilika plc is −6.3M GBX (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Ilika plc (IKA) hold?
Ilika plc holds more cash than debt, 7.5M GBX net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Ilika plc in the live analysis
One click puts Ilika plc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
