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Secure Trust Bank PLC (STB) Fair Value & Analysis

Financial Services · GB · Market cap 241M GBX

ST Secure Trust Bank PLC STB · LSE
Price£13.80
Fair Value£4.03
Upside-70.8%
Quality95/100
Evidence: High Range £2.40 – £5.25

Fair value as of: Jun 26, 2026

From 15 valuation models · updated 3 days ago

Share price +7.0% over the past month.

Price vs Fair Value (12 months)

£14.73 £7.60 Fair Value £4.03 Jun 2025 Jun 2026

12‑month range £7.60 – £14.73 · fair‑value band £2.40 – £5.25 · the £13.80 price screens above the £4.03 fair value. As of Jun 26, 2026.

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Analysis

Secure Trust Bank PLC (STB) currently trades at £13.80, while our model-based Fair Value estimate is £4.03 — implying the stock looks roughly 70.8% overvalued today. We read business quality at 95/100 (high 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: high).

Over the trailing twelve months, Secure Trust Bank PLC generated revenue of £134M at a net margin of 13.2%. Revenue grew 11.0% year over year. It earns a return on equity of 12.1%. The balance sheet holds a net cash position of £226M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 134M GBX
Revenue growth (YoY) +11.0%
Net margin 13.2%
Return on equity 12.1%
Free cash flow 155M GBX FY2025
P/E ratio 5.7
More key figures
Operating margin 44.3%
EPS (TTM) £2.26
Dividend yield 2.8%
EPS growth (YoY) +29.5%
Net cash 226M GBX FY2025

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

About the company

Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. The company operates through four segments: Retail Finance, Real Estate Finance, Commercial Finance, and Other. The Retail Finance segment offers unsecured finance for consumer products, including furniture, jewelry, dental, leisure items and football season tickets. The Real Estate Finance segment provides secured loans against property assets, as well as development facilities to property developers and SME housebuilders. The Commercial Finance segment provides asset-based lending solutions to SMEs and some larger corporates, including working capital solutions; and invoice discounting facilities. It offers its products in store, as well as through online platform. Secure Trust Bank PLC was founded in 1952 and is headquartered in Solihull, the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Secure Trust Bank PLC reported revenue of £339M in FY2025 versus £177M in FY2021, a compound +17.7%/yr. Reported net income was −£9.4M in FY2025.

Revenue +17.7%/yr
FY21 £177M
FY22 £220M
FY23 £142M
FY24 £142M
FY25 £339M
Net income
FY21 £45.6M
FY22 £33.7M
FY23 £24.3M
FY24 £19.7M
FY25 −£9.4M

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Frequently asked questions

Is Secure Trust Bank PLC (STB) undervalued?
As of Jun 26, 2026, our model estimates a fair value of £4.03 versus a price of £13.80 — about −71% (overvalued). Model-based estimate, not financial advice.
What is the fair value of STB?
Our 21-model fair value for Secure Trust Bank PLC is £4.03 (as of Jun 26, 2026), built from audited fundamentals. The current price is £13.80.
What is the quality score of STB?
Secure Trust Bank PLC has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Secure Trust Bank PLC (STB)?
Secure Trust Bank PLC reported trailing-twelve-month revenue of about £134M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of STB?
The net profit margin of Secure Trust Bank PLC is about 13.2%, meaning it keeps roughly 13.2% of revenue as net income. Based on the latest reported figures.
Does Secure Trust Bank PLC pay a dividend?
Secure Trust Bank PLC currently shows a dividend yield of about 2.76% 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.