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Amati AIM VCT plc (MRV) Fair Value & Analysis

Financial Services · GB · Market cap 67.1M GBX

AA Amati AIM VCT plc MRV · LSE
Price£0.5250
Fair Value£0.4500
Upside-14.3%
Quality66/100
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Evidence: Low Range £0.3400 – £0.6700

Fair value as of: Jul 15, 2026

From 1 valuation models · updated today

Fair value updated Jul 15, 2026 — revised from £1.06 to £0.4500 (−57.5%) since Jun 26, 2026. Share price −1.4% over the past month.

Price vs Fair Value (12 months)

£0.5604 £0.4956 Fair Value £0.4500 Jul 2025 Jul 2026

12‑month range £0.4956 – £0.5604 · fair‑value band £0.3400 – £0.6700 · the £0.5250 price screens above the £0.4500 fair value. As of Jul 15, 2026.

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Analysis

Amati AIM VCT plc (MRV) currently trades at £0.5250, while our model-based Fair Value estimate is £0.4500 — implying the stock looks roughly 14.3% overvalued today. We read business quality at 66/100 (solid 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: low).

Revenue declined 40.6% year over year. It earns a return on equity of -5.8%. Fundamentals as of Jul 15, 2026

Our scenario range runs from £0.3400 (bear case) to £0.6700 (bull case); at £0.5250, the current price sits within that range. For context, the median of 10 Financial Services peers we cover trades at 53% fair-value upside — at -14%, MRV screens richer than that median.

Key figures & financial health

Revenue (TTM) 2.5M GBX
Revenue growth (YoY) -40.6%
Net margin -35.7%
Return on equity -0.9%
Free cash flow −2.6M GBX FY2026
Operating margin 167%
More key figures
EPS (TTM) £-0.0100
Dividend yield 4.8%
EPS growth (YoY) -76.6%

Figures from reported company fundamentals (EODHD) · as of Jul 15, 2026. TTM = trailing twelve months.

About the company

Amati AIM VCT plc (LSE:AMAT) is a venture capital trust specializing in growth capital investment. It investments in AIM quoted companies. The fund seeks to invest in technology, industrials, financials, consumer services, financials, healthcare, consumer goods and services, oil and gas, basic materials, telecommunications, and utilities. The fund invests in companies based in the United Kingdom. It also invests in unquoted companies, plus markets, and listed securities.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Amati AIM VCT plc reported revenue of £897K in FY2026 versus −£21.9M in FY2022. Reported net income was −£881K in FY2026.

Revenue
FY22 −£21.9M
FY23 −£57.7M
FY24 −£44.3M
FY25 −£2.2M
FY26 £897K
Net income
FY22 −£22.4M
FY23 −£58.2M
FY24 −£44.8M
FY25 −£2.9M
FY26 −£881K

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Cite: Fair Value Calculator (2026). "Amati AIM VCT plc Fair Value". https://www.fairvalue-calculator.com/stock/MRV

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Frequently asked questions

Is Amati AIM VCT plc (MRV) undervalued?
As of Jul 15, 2026, our model estimates a fair value of £0.4500 versus a price of £0.5250 — about −14% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MRV?
Our model-based fair value for Amati AIM VCT plc is £0.4500 (as of Jul 15, 2026), built from audited fundamentals. The current price is £0.5250.
What is the quality score of MRV?
Amati AIM VCT plc has a Quality Score of 66/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of MRV?
The net profit margin of Amati AIM VCT plc is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does Amati AIM VCT plc pay a dividend?
Amati AIM VCT plc currently shows a dividend yield of about 7.34% relative to its recent price (as of Jul 15, 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.

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