Raspberry Pi Holdings PLC (RPI) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Raspberry Pi Holdings PLC £2.84, price £7.17, upside -60.4%, quality 50 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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 Oct 2, 2026.
How to read this chart
28‑month range £2.57 – £10.51 · fair‑value band £1.04 – £3.55 · the £7.17 price screens above the £2.84 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
Follow Raspberry Pi Holdings in your weekly email
Every Wednesday you see whether Raspberry Pi Holdings 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.
Raspberry Pi Holdings plc designs and develops single-board computers, compute module, and semiconductors in the United Kingdom, Europe, the United States, Asia Pacific, and internationally. The company provides computers and microcontrollers, cameras and displays, add-on boards, power supplies and cables, cases, and peripherals.
Show more
Raspberry Pi Holdings plc designs and develops single-board computers, compute module, and semiconductors in the United Kingdom, Europe, the United States, Asia Pacific, and internationally. The company provides computers and microcontrollers, cameras and displays, add-on boards, power supplies and cables, cases, and peripherals. It offers Raspberry Pi Connect, a secure remote access solution for Raspberry Pi OS which allows to connect to your Raspberry Pi desktop from any browser; Raspberry Pi Desktop for any PC or Apple Mac computer; Raspberry Pi Imager, which installs Raspberry Pi OS and other operating systems to a microSD card and OS software products; and Raspberry Pi OS, a supported operating system for organizations. In addition, the company offers Raspberry Pi Press, which produces magazines and books, as well as the Raspberry Pi Store. The company serves resellers and original equipment manufacturers; industrial and embedded applications; enthusiasts; and educators. The company was founded in 2012 and is headquartered in Cambridge, the United Kingdom.
Stock analysis
Raspberry Pi Holdings PLC (RPI) currently trades at £7.17, while our model-based Fair Value estimate is £2.84, 60.4% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of £3.25 per share, and 0 of the 24 models we run sit above the £7.17 price.
Bear case: the Growth DCF group reads lowest at £0.3800, and 24 of the 24 models stay below the price. Evidence for this calculation is medium.
Scenario range: £1.04 (bear) to £3.55 (bull), the price of £7.17 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 50/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Raspberry Pi Holdings PLC reported revenue of $245M in FY2025 versus $102M in FY2021, a compound +24.5%/yr. Reported net income was $16.5M in FY2025, compounding +11.1%/yr from FY2021.
Key figures
Market cap 1.4B GBX · P/E ratio 55.1 · P/S ratio 3.70 · EPS (TTM) £0.1300 · Net margin 6.7% · Return on equity 13.5% · Return on assets (EBIT) 11.0% · Operating margin 7.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (low confidence).
What moves the price
The share trades about 32% below its 52-week high and 179% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −52% fair-value upside, at −60%, RPI screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (£0.3500 to £3.25). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear £1.04Fair Value £2.84Bull £3.55
Price £7.17 · Upside -60.4%
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. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (£0.0990 per share) are deliberately not added.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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−5.5%
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.
+17.2%
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.
+27.4%
Start year 2020 (pandemic). Over 10 years: +40.9% a year
Revenue growth 12 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.
+36.9%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−39.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−39.5%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘ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.19% → 9%
Growth Forecast
A lot of optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
more than +80 %
Yearly growth needed for the next five years to justify today's price.
News mood ⓘNews mood, the average tone of recent news (7 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
Compare Raspberry Pi Holdings PLC with another stock
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.Electronic Components · 651 stocks
Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−60.4% · Below median
Profitability
Return on equity (TTM)13.5% · Top 25%
Return on assets6.2% · Top 25%
Net margin (TTM)7.5% · Above median
Operating margin (TTM)7.7% · Above median
Growth and dividend
Revenue growth89.6% · Top 25%
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (TTM)55.1× · Pricier than median
P/B10.50× · Priciest 25%
P/S (TTM)4.23× · Pricier than median
EV/EBITDA39.2× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 63
PAST (return on equity)54· sector 28
HEALTH (low debt)0· sector 95
DIVIDEND (yield)0· sector 24
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). "Raspberry Pi Holdings PLC Fair Value". https://www.fairvalue-calculator.com/stock/RPI
Frequently asked questions
Is Raspberry Pi Holdings PLC (RPI) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of £2.84 versus a price of £7.17, about −60% upside (overvalued).
What is the fair value of RPI?
Our model-based fair value for Raspberry Pi Holdings PLC is £2.84 (as of Oct 2, 2026), built from audited fundamentals. The current price: £7.17.
What is the quality score of RPI?
Raspberry Pi Holdings PLC has a Quality Score of 50/100. 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 Raspberry Pi Holdings PLC (RPI)?
Our model-based price target is the fair value of £2.84 (as of Oct 2, 2026) from 24 valuation models. Cautious scenario £1.04, optimistic scenario £3.55. It is a calculation from audited fundamentals, not an analyst target.
What is the Raspberry Pi Holdings PLC stock forecast for 2026?
Our models put fair value at £2.84, about −60% upside versus a price of £7.17 (overvalued). Cautious scenario £1.04, optimistic scenario £3.55. The calculation is refreshed regularly with new filings.
What is the revenue of Raspberry Pi Holdings PLC (RPI)?
Raspberry Pi Holdings PLC reported trailing-twelve-month revenue of about $445M (latest available figure, as of Oct 2, 2026).
What growth is priced into Raspberry Pi Holdings PLC (RPI)?
For today's price to be fair in a discounted-cash-flow model, Raspberry Pi Holdings PLC would have to grow free cash flow by more than 80 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +27.4 % per year. As of Oct 2, 2026.
What discount rate (WACC) does the fair value of RPI use?
Our models discount Raspberry Pi Holdings PLC at 10.3 %: a base by market capitalisation (small), damped by beta 0.45, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Raspberry Pi Holdings PLC that is more than 80 % per year a year over ten years, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Raspberry Pi Holdings PLC (RPI) delivered so far?
Over the past 5 years revenue at Raspberry Pi Holdings PLC grew +27.4 % a year. The price currently implies more than 80 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Raspberry Pi Holdings PLC (RPI) growing?
The median revenue growth in the sector is +10.3 % a year. That is the yardstick for the growth priced into Raspberry Pi Holdings PLC (more than 80 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Raspberry Pi Holdings PLC (RPI)?
The free-cash-flow yield on the price is 0.14 %: that much free cash flow Raspberry Pi Holdings PLC produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Raspberry Pi Holdings PLC (RPI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Raspberry Pi Holdings PLC it is £2.84 per share (as of Oct 2, 2026), against a price of £7.17. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Raspberry Pi Holdings PLC stock overvalued or undervalued in 2026?
As of Oct 2, 2026, RPI trades above its calculated fair value: price £7.17, fair value £2.84, a gap of about −60% (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 RPI?
No. The price is what the market pays today (£7.17); the fair value is what the company's own numbers justify (£2.84). For Raspberry Pi Holdings PLC the two are £4.33 per share apart. That gap is exactly why we show both numbers side by side.
How much is Raspberry Pi Holdings PLC worth?
The market values Raspberry Pi Holdings PLC at about 1.4B GBX (market capitalisation, as of Oct 2, 2026). Per share that is £7.17; our models calculate a fair value of £2.84 per share.
What do the bullish and bearish scenarios say about RPI?
Our models span a range for Raspberry Pi Holdings PLC: cautious scenario £1.04, base £2.84, optimistic £3.55 per share (as of Oct 2, 2026, price £7.17). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of RPI?
Raspberry Pi Holdings PLC trades at a price-to-earnings ratio of 55.1 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £2.84 is built from several models across several years. Other multiples: P/B 10.5, P/S 4.2, EV/EBITDA 39.2.
How solid is the balance sheet of Raspberry Pi Holdings PLC (RPI)?
Balance-sheet figures for Raspberry Pi Holdings PLC (as of Oct 2, 2026): return on equity 13.5%. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is RPI from its 52-week high?
Raspberry Pi Holdings PLC trades at £7.17, about 32% below its 52-week high of £10.51 and 179% above the low of £2.57 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of £2.84 is for.
Which stocks are comparable to Raspberry Pi Holdings PLC?
From the same area (Technology) we also value Amphenol Corporation, Delta Electronics, Inc, Corning Incorporated, Hon Hai Precision Industry Co, 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 Raspberry Pi Holdings PLC stock attractive at the current price?
The data as of Oct 2, 2026: price £7.17, calculated fair value £2.84 (−60%), Quality Score 50/100, from 24 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 RPI calculated?
We run Raspberry Pi Holdings PLC through 24 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 £2.84, 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 15.0 % above its aggregate fair value. Raspberry Pi Holdings 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 Raspberry Pi Holdings PLC (RPI)?
The closing price on Oct 2, 2026 was £7.17. Our model-based fair value is £2.84, about −60% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Raspberry Pi Holdings PLC right now?
The price sits above even our optimistic bull case (£3.55). The favourable scenario is already priced in. The model range is unusually wide (£1.04 to £3.55). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Raspberry Pi Holdings PLC
How large is the market capitalisation of Raspberry Pi Holdings PLC (RPI)?
The market capitalisation of Raspberry Pi Holdings PLC is 1.4B 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 Raspberry Pi Holdings PLC (RPI)?
The price-to-sales ratio of Raspberry Pi Holdings PLC is 3.70 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Raspberry Pi Holdings PLC (RPI)?
Earnings per share at Raspberry Pi Holdings PLC are £0.1300 (price ÷ EPS = P/E 55.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Raspberry Pi Holdings PLC (RPI)?
The net margin of Raspberry Pi Holdings PLC is 6.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Raspberry Pi Holdings PLC (RPI)?
The return on equity (ROE) of Raspberry Pi Holdings PLC is 13.5% (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 Raspberry Pi Holdings PLC (RPI)?
On an EBIT basis the return on assets of Raspberry Pi Holdings PLC is 11.0% (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 Raspberry Pi Holdings PLC (RPI)?
The operating margin of Raspberry Pi Holdings PLC is 7.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Raspberry Pi Holdings PLC (RPI)?
Revenue at Raspberry Pi Holdings PLC is growing +89.6% versus a year earlier (3y avg +17.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Raspberry Pi Holdings PLC (RPI)?
Earnings per share at Raspberry Pi Holdings PLC are growing +215% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Raspberry Pi Holdings PLC (RPI) hold?
Raspberry Pi Holdings PLC holds more cash than debt, $14.3M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Raspberry Pi Holdings PLC in the live analysis
One click puts Raspberry Pi Holdings 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.
