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Softcat plc (SCT) Fair Value & Analysis

Technology · GB · Market cap 3.6B GBX

SP Softcat plc SCT · LSE
Price£17.60
Fair Value£13.55
Upside-23.0%
Quality95/100
Evidence: High Range £9.98 – £16.93

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Share price +6.9% over the past month.

Price vs Fair Value (12 months)

£17.93 £10.26 Fair Value £13.55 Jun 2025 Jun 2026

12‑month range £10.26 – £17.93 · fair‑value band £9.98 – £16.93 · the £17.60 price screens above the £13.55 fair value. As of Jun 24, 2026.

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Analysis

Softcat plc (SCT) currently trades at £17.60, while our model-based Fair Value estimate is £13.55 — implying the stock looks roughly 23.0% overvalued today. We read business quality at 95/100 (high quality), in the Technology 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, Softcat plc generated revenue of £1.8B at a net margin of 8.1%. Revenue grew 53.5% year over year. It earns a return on equity of 49.8%. The balance sheet holds a net cash position of £147M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 1.8B GBX
Revenue growth (YoY) +53.5%
Net margin 8.1%
Return on equity 49.8%
Free cash flow 136M GBX FY2025
P/E ratio 26.5
More key figures
Operating margin 11.2%
EPS (TTM) £0.7000
Dividend yield 1.6%
EPS growth (YoY) +13.6%
Net cash 147M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as hybrid infrastructure, workplace technology, cyber security, networking and connectivity, data, automation, and AI for businesses and public sector organizations. It also offers public cloud, collaboration, data centre and private cloud, devices, and financial solution services. In addition, the company provides Softcat intelligence services, lifecycle solutions, modern management, security, software licensing, supply chain operation, and virtual desktop and application, as well as IT service provider. Softcat plc was incorporated in 1987 and is headquartered in Marlow, the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Softcat plc reported revenue of £1.5B in FY2025 versus £784M in FY2021, a compound +16.8%/yr. Reported net income was £133M in FY2025, compounding +8.4%/yr from FY2021.

Revenue +16.8%/yr
FY21 £784M
FY22 £1.1B
FY23 £985M
FY24 £963M
FY25 £1.5B
Net income +8.4%/yr
FY21 £96.2M
FY22 £110M
FY23 £112M
FY24 £119M
FY25 £133M

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Frequently asked questions

Is Softcat plc (SCT) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £13.55 versus a price of £17.60 — about −23% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SCT?
Our 21-model fair value for Softcat plc is £13.55 (as of Jun 24, 2026), built from audited fundamentals. The current price is £17.60.
What is the quality score of SCT?
Softcat plc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Softcat plc (SCT)?
Softcat plc reported trailing-twelve-month revenue of about £1.8B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SCT?
The net profit margin of Softcat plc is about 8.1%, meaning it keeps roughly 8.1% of revenue as net income. Based on the latest reported figures.
Does Softcat plc pay a dividend?
Softcat plc currently shows a dividend yield of about 1.62% relative to its recent price (as of Jun 24, 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.