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SRT Marine Systems plc (SRT) Fair Value & Analysis

Technology · GB · Market cap 244M GBX

SM SRT Marine Systems plc SRT · LSE
Price£0.8000
Fair Value£0.2800
Upside-65.0%
Quality95/100
Evidence: High Range £0.1900 – £0.4000

Fair value as of: Jun 24, 2026

From 15 valuation models · updated 5 days ago

Share price −13.4% over the past month.

Price vs Fair Value (12 months)

£0.9961 £0.7474 Fair Value £0.2800 Jun 2025 Jun 2026

12‑month range £0.7474 – £0.9961 · fair‑value band £0.1900 – £0.4000 · the £0.8000 price screens above the £0.2800 fair value. As of Jun 24, 2026.

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Analysis

SRT Marine Systems plc (SRT) currently trades at £0.8000, while our model-based Fair Value estimate is £0.2800 — implying the stock looks roughly 65.0% 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, SRT Marine Systems plc generated revenue of £103M at a net margin of 2.8%. Revenue grew 95.1% year over year. It earns a return on equity of 10.4%. Net debt stands at £7.3M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 103M GBX
Revenue growth (YoY) +95.1%
Net margin 2.8%
Return on equity 10.4%
Free cash flow −1.0M GBX FY2025
P/E ratio 89.5
More key figures
Operating margin 7.3%
EPS (TTM) £0.0100
EPS growth (YoY) +19.6%
Net debt 7.3M GBX FY2025

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

About the company

SRT Marine Systems plc, together with its subsidiaries, develops and supplies automatic identification system (AIS) based maritime domain awareness technologies, products, and systems. It offers Digital AtoN Systems (DAS), a system that enhance port and waterway traffic control and navigation safety; NAIS-National Vessel Tracking System, a vessel identification and tracking system solution; MDM-Coastguard, a maritime domain surveillance system; VMS-Fisheries, a system for monitoring, managing, and controlling fishing vessels; and VTS-Ports and Waterways, a monitoring, managing, and controlling system for maritime infrastructure, ports, and waterways. The company also provides maritime communication and navigation transceivers. It serves mariners, infrastructure owners, coast guards, and fishing authorities in the United Kingdom, the rest of Europe, the Middle East, North America, South East Asia, and internationally. The company was formerly known as Software Radio Technology Plc an…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SRT Marine Systems plc reported revenue of £78.0M in FY2025 versus £8.3M in FY2021, a compound +75.2%/yr. Reported net income was £2.0M in FY2025.

Revenue +75.2%/yr
FY21 £8.3M
FY22 £8.2M
FY23 £30.5M
FY24 £11.9M
FY25 £78.0M
Net income
FY21 −£5.1M
FY22 −£5.8M
FY23 £69.5K
FY24 −£10.9M
FY25 £2.0M

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Frequently asked questions

Is SRT Marine Systems plc (SRT) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £0.2800 versus a price of £0.8000 — about −65% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SRT?
Our 21-model fair value for SRT Marine Systems plc is £0.2800 (as of Jun 24, 2026), built from audited fundamentals. The current price is £0.8000.
What is the quality score of SRT?
SRT Marine Systems plc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of SRT Marine Systems plc (SRT)?
SRT Marine Systems plc reported trailing-twelve-month revenue of about £103M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SRT?
The net profit margin of SRT Marine Systems plc is about 2.8%, meaning it keeps roughly 2.8% 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.

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