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Lindsell Train Investment Trust Plc (LTI) Fair Value & Analysis

Financial Services · GB · Market cap £113M

LT Lindsell Train Investment Trust Plc LTI · LSE
Price£0.0554
Fair Value£0.0635
Upside+14.6%
Quality52/100
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Evidence: Low Range £0.0469 – £0.0801

Fair value as of: Jun 26, 2026

From 5 valuation models · updated 7 days ago

Fair value updated Jun 26, 2026 — revised from £0.0700 to £0.0635 (−9.3%) since Jun 25, 2026. Share price −1.8% over the past month.

Price vs Fair Value (12 months)

£0.0830 £0.0544 Fair Value £0.0635 Jul 2025 Jul 2026

12‑month range £0.0544 – £0.0830 · fair‑value band £0.0469 – £0.0801 · the £0.0554 price screens below the £0.0635 fair value. As of Jun 26, 2026.

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Analysis

Lindsell Train Investment Trust Plc (LTI) currently trades at £0.0554, while our model-based Fair Value estimate is £0.0635 — implying the stock looks roughly 14.6% undervalued today. We read business quality at 52/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

It earns a return on equity of -4.1%. The balance sheet holds a net cash position of £4.6M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) −£5.9M
Revenue growth (YoY) -99.6%
Return on equity -4.1%
Free cash flow £8.5M FY2025
Operating margin 114%
EPS (TTM) £-0.3800
More key figures
Dividend yield 7.5%
EPS growth (YoY) +110%
Net cash £4.6M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Lindsell Train Investment Trust Plc is an closed-ended balanced mutual fund of funds launched and managed by Lindsell Train Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, unquoted equities, bonds, other Lindsell Train managed fund products, cash, and other financial investments. It benchmarks the performance of its portfolio against the 2.5% Consolidated Loan Stock and MSCI World Index. Lindsell Train Investment Trust was formed on January 22, 2001 and is domiciled in the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lindsell Train Investment Trust Plc reported revenue of −£3.9M in FY2025 versus £55.1M in FY2021. Reported net income was −£4.6M in FY2025.

Revenue
FY21 £55.1M
FY22 −£3.7M
FY23 −£101K
FY24 £6.0M
FY25 −£3.9M
Net income
FY21 £54.6M
FY22 −£4.4M
FY23 −£771K
FY24 £4.2M
FY25 −£4.6M

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Frequently asked questions

Is Lindsell Train Investment Trust Plc (LTI) undervalued?
As of Jun 26, 2026, our model estimates a fair value of £0.0635 versus a price of £0.0554 — about +15% (undervalued). Model-based estimate, not financial advice.
What is the fair value of LTI?
Our model-based fair value for Lindsell Train Investment Trust Plc is £0.0635 (as of Jun 26, 2026), built from audited fundamentals. The current price is £0.0554.
What is the quality score of LTI?
Lindsell Train Investment Trust Plc has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of LTI?
The net profit margin of Lindsell Train Investment Trust Plc is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does Lindsell Train Investment Trust Plc pay a dividend?
Lindsell Train Investment Trust Plc currently shows a dividend yield of about 7.47% relative to its recent price (as of Jun 26, 2026).

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.