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Sancus Lending Group (LEND) Fair Value & Analysis

Financial Services · GB · Market cap 12.4M GBX

SL Sancus Lending Group LEND · LSE
Price£0.0115
Fair Value£0.0113
Upside-1.7%
Quality28/100
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Mixed Growth
Thin margins · 4.7% net margin
High debt · negative free cash flow
Trails peers (2/10)
Narrow moat 21/100
Evidence: High Range £0.0113 – £0.0113 Share as image

Fair value as of: Jul 13, 2026

From 6 valuation models · updated 29 days ago

Fair value updated Jul 13, 2026, revised from £0.0118 to £0.0113 (−3.9%) since Jun 26, 2026.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

£0.0325 £0.0018 Fair Value £0.0113 May 2021 Aug 2026

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

How to read this chart

60‑month range £0.0018 – £0.0325 · the £0.0115 price screens above the £0.0113 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

Sancus Lending Group (LEND) currently trades at £0.0115, while our model-based Fair Value estimate is £0.0113, implying the stock looks roughly 1.7% fairly valued today. The Quality Score stands at 28/100 (below-average quality), in the Financial Services 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, Sancus Lending Group generated revenue of £20.2M at a net margin of 4.7%. Revenue grew 42.5% year over year. Net debt stands at £184M. Fundamentals as of Jul 13, 2026

For context, the median of 10 Financial Services peers we cover trades at -41% fair-value upside, at -2%, LEND screens cheaper 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
Residual Income £0.0100 76
Gordon GGM £0.1000 £0.1600 £0.2100 70
P/E Multiple £0.0100 £0.0100 £0.0100 63
All 6 models by family
Earnings-Based
Graham-Dodd £0.0100 £0.0400 £0.0600 54
Lynch FV £0.0200 £0.0300 £0.0400 50
Dividend Discount
Gordon GGM £0.1000 £0.1600 £0.2100 70
DDM Multi-Stage £0.1000 £0.1600 £0.1800 61
Multiples
P/E Multiple £0.0100 £0.0100 £0.0100 63
Economic Profit
Residual Income £0.0100 76

Widest divergence: Dividend Discount (£0.1600) versus Multiples (£0.0100). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 20.2M GBX
Revenue growth (YoY) +42.5%
Net margin 4.7%
Return on equity -1,089%
Free cash flow −67.8M GBX FY2025
Operating margin -5.5%
More key figures
EPS growth (YoY) +8.3%
Net debt 184M GBX FY2025

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

Quality Score breakdown

Overall quality 28/100

Of which business quality 27 · Market factors (momentum, volatility) 52

Profitability 34
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 5
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 71
Price trend over the last 3–12 months (market factor)
52W Momentum 78
Distance to the 52-week high (market factor)
Net Issuance 37
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

Sancus Lending Group Limited, together with its subsidiaries, operates as an alternative finance provider in the United Kingdom, Ireland, and Channel Islands. The company offers short-term funding for property development and bridging.

Full company description

Sancus Lending Group Limited, together with its subsidiaries, operates as an alternative finance provider in the United Kingdom, Ireland, and Channel Islands. The company offers short-term funding for property development and bridging. It also provides asset backed funding services to private clients, high net worth individuals, institutions, and trusts and family offices. The company was formerly known as GLI Finance Limited and changed its name to Sancus Lending Group Limited in May 2021. Sancus Lending Group Limited was incorporated in 2005 and is based in Saint Peter Port, Guernsey.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sancus Lending Group reported revenue of £21.1M in FY2025 versus £2.6M in FY2021, a compound +68.4%/yr. Reported net income was £950K in FY2025.

Growth Quality 47/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
£21.1M
Latest YoY
+35.2%
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.
+28.3%
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.
+27.8%
Avg. growth/yr (20Y) 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.
+18.6%
Revenue +68.4%/yr
FY21 £2.6M
FY22 £10.0M
FY23 £4.6M
FY24 £15.6M
FY25 £21.1M
Net income
FY21 −£10.3M
FY22 −£14.1M
FY23 −£9.1M
FY24 £559K
FY25 £950K

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Cite: Fair Value Calculator (2026). "Sancus Lending Group Fair Value". https://www.fairvalue-calculator.com/stock/LEND

Peer Group

Credit Services · 331 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 29 · Bottom 25%
Fair Value upside −13% · Below median
Return on assets 1% · Bottom 25%
Net margin (TTM) 5% · Below median
Operating margin (TTM) -5% · Bottom 25%
Revenue growth 43% · Top 25%
Debt / equity 161.70× · Higher than 75% of peers

Valuation Multiples vs Credit Services median · lower = cheaper

P/B 15.52× · Pricier than 75% of peers
P/S (TTM) 0.83× · Cheaper than 75% of peers
EV/EBITDA 13.8× · Pricier 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 16 · sector 37
FUTURE 100 · sector 39
PAST 0 · sector 32
HEALTH 0 · sector 58
DIVIDEND 0 · sector 51

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 Credit Services stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $348.97 $204.19 -41%
Mastercard Incorporated MA $537.70 $221.87 -59%
American Express Company AXP $358.44 $206.40 -42%
Bajaj Finance Limited BAJFINANCE ₹1,056 ₹397.61 -62%
Shriram Finance Limited SHRIRAMFIN ₹1,024 ₹553.83 -46%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,808 ₹796.52 -56%
Tata Capital Limited TATACAP ₹360.60 ₹229.85 -36%
Power Finance Corporation PFC ₹405.10 ₹810.20 +100%
Muthoot Finance Limited MUTHOOTFIN ₹3,129 ₹3,463 +11%
Indian Railway Finance Corporation IRFC ₹88.41 ₹69.72 -21%

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Frequently asked questions

Is Sancus Lending Group (LEND) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of £0.0113 versus a price of £0.0115, about −2% (fairly valued).
What is the fair value of LEND?
Our model-based fair value for Sancus Lending Group is £0.0113 (as of Jul 13, 2026), built from audited fundamentals. The current price is £0.0115.
What is the quality score of LEND?
Sancus Lending Group has a Quality Score of 28/100. 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 Sancus Lending Group (LEND)?
Sancus Lending Group reported trailing-twelve-month revenue of about £20.2M (latest available figure, as of Jul 13, 2026).
What is the net profit margin of LEND?
The net profit margin of Sancus Lending Group is about 4.7%, meaning it keeps roughly 4.7% 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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