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Sure Ventures PLC (SURE) Fair Value & Analysis

Financial Services · GB · Market cap 2.4M GBX · ISIN GB00BYWYZ460

What is Sure Ventures PLC really worth?

SV Sure Ventures PLC SURE · LSE
Price£0.3000
Fair Value£0.2843
Upside−5.2%
Quality50/100

A solid business, currently priced close to our fair value of £0.2843.

As of Sep 5, 2026, the fair value of Sure Ventures PLC is £0.2843 per share against a price of £0.3000, so the fair value sits 5% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Highly profitable · 80.7% net margin
Ranks above peers (6/9)
Wide moat 81/100

Risks

!Mixed Growth (revenue 5y +61.4 %/yr)
!negative free cash flow
!Evidence only low, so the estimate is less certain
!Weak on valuation: 24 out of 100
Evidence: Low Range £0.2132 – £0.3554

Fair value as of: Sep 5, 2026

From 6 valuation models · updated yesterday

Fair value updated Sep 5, 2026, revised from £0.2813 to £0.2843 (+1.1%) since Aug 27, 2026. Share price −7.7% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

£1.13 £0.3000 Fair Value £0.2843 Jan 2018 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 5, 2026.

How to read this chart

60‑month range £0.3000 – £1.13 · fair‑value band £0.2132 – £0.3554 · the £0.3000 price screens above the £0.2843 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 5, 2026.

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Analysis

Sure Ventures PLC (SURE) currently trades at £0.3000, while our model-based Fair Value estimate is £0.2843, implying the stock looks roughly 5.5% fairly valued today. The Quality Score stands at 50/100 (solid quality), in the Financial Services sector. Bull case: the Earnings-Based group reads highest at a median of £0.7654 per share, and 2 of the 6 models we run sit above the £0.3000 price. Bear case: the Multiples group reads lowest at £0.0576, and 4 of the 6 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Sure Ventures PLC generated revenue of £3.3M at a net margin of 80.7%. It earns a return on equity of 22.1%. The stock trades on a trailing P/E of 0.9. Fundamentals as of Sep 5, 2026

Our scenario range runs from £0.2132 (bear case) to £0.3554 (bull case); at £0.3000, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −5%, SURE screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 12 months have passed since. In that time the company retained roughly £0.3400 per share, which is 119.6 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model 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. Evidence
Highest evidence
P/E Multiple best evidence £0.2132 £0.2843 £0.3554 63
Graham-Dodd £0.1486 £1.04 £1.46 61
Lynch FV £0.5358 £0.7654 £0.9949 59
All 6 models by family
Earnings-Based
Graham-Dodd £0.1486 £1.04 £1.46 61
Lynch FV £0.5358 £0.7654 £0.9949 59
Multiples
P/E Multiple best evidence £0.2132 £0.2843 £0.3554 63
P/B Multiple £0.0433 £0.0576 £0.0721 55
Asset-Based
NCAV (Graham) £0.0206 £0.0276 £0.0412 51
Economic Profit
Residual Income £0.1467 £0.2356 £3.50 56

Widest divergence: Earnings-Based (£0.7654) versus Asset-Based (£0.0276). Highest evidence: P/E Multiple (63).

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Key figures & financial health

P/E ratio 0.9
P/S ratio 0.84 P/E × margin
EPS (TTM) £0.3400 price ÷ EPS = P/E 0.9
Net margin 95.5% FY2025
Return on equity 22.1% TTM
Return on assets (EBIT) 7.1% avg 5y
More key figures
Profitability
Operating margin 380% TTM
Growth
Revenue (TTM) £3.3M TTM
Revenue growth (YoY) −96.4% 3y avg +46.2%
EPS growth (YoY) +383%
Balance sheet & cash flow
Free cash flow −311K GBX FY2025
Net debt 434K GBX FY2025

Figures from reported company fundamentals · as of Sep 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 48 · Market factors (momentum, volatility) 27

Profitability 86
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Sure Ventures Plc is a venture capital firm specializing in investments in series A, early and seed stage investments. The firm also makes funds of fund investments. The firm does not invest in companies whose primary business is acquisition or development of real or petroleum, oil or gas exploration or other activities or prospection for other resources.

Full company description

Sure Ventures Plc is a venture capital firm specializing in investments in series A, early and seed stage investments. The firm also makes funds of fund investments. The firm does not invest in companies whose primary business is acquisition or development of real or petroleum, oil or gas exploration or other activities or prospection for other resources. The firm does not make investments in real estate assets. It focuses on software centric businesses in augmented reality (AR) and virtual reality (VR), the Internet of things (IoT), artificial intelligence, and financial technologies (Fintech). The firm does not have geographical limits, but focuses on companies having their operations in United Kingdom, Ireland or elsewhere in the EEA. The firm may typically take interest between 20 and 50 per cent. Sure Ventures Plc was founded on 21 June 2017 and is based in London, United Kingdom. It operates as a subsidiary of Jarvis Securities plc, Asset Management Arm.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sure Ventures PLC reported revenue of £7.8M in FY2025 versus £259K in FY2021, a compound +134.2%/yr. Reported net income was £7.4M in FY2025.

Growth Quality 56/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
£7.8M
Avg. revenue growth/yr (3Y) 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.
+46.2%
Avg. revenue growth/yr (5Y) 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.
+61.4%
Avg. revenue growth/yr (7Y) 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.
+100.4%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+60.9% · in GBP
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+60.9%
Dividend yield0.0%
Operating margin (EBIT) 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.62.8% (2020) → 95.5% (2025) · rising
Worst earnings drop151% (2024) (loss year, drop beyond 100%) · in GBP
Revenue +134.2%/yr
FY21 £259K
FY22 £2.5M
FY23 −£157K
FY24 −£182K
FY25 £7.8M
Net income
FY21 −£35.4K
FY22 £2.2M
FY23 −£430K
FY24 −£2.5M
FY25 £7.4M

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Cite: Fair Value Calculator (2026). "Sure Ventures PLC Fair Value". https://www.fairvalue-calculator.com/stock/SURE.LSE

Peer Group

Asset Management · 695 stocks

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.

Quality Score 49 · Below median
Fair Value upside −7% · Below median
Return on equity (TTM) 22% · Top 25%
Return on assets 14% · Top 25%
Net margin (TTM) 81% · Top 25%
Revenue growth −96% · Bottom 25%

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 0.9× · Cheaper than 75% of peers
P/B 0.23× · Cheaper than 75% of peers
P/S (TTM) 0.98× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE24 · sector 40
FUTURE0 · sector 15
PAST88 · sector 24
HEALTH0 · sector 95
DIVIDEND0 · sector 81

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Sep 5, 2026).

Stock Price Fair Value vs Fair Value
Blackstone Inc BX $142.39 $52.88 −63%
Investor AB INVEB kr 408.05 kr 827.56 +103%
Brookfield Corporation BN C$55.74 C$10.67 −81%
KKR & Co KKR $108.68 $19.97 −82%
Apollo Global Management, Inc APO $135.04 $101.04 −25%
State Street Corporation STT $193.33 $138.33 −28%
Ameriprise Financial, Inc AMP $559.32 $515.24 −8%
Ares Management Corporation ARES $143.10 $30.88 −78%
Northern Trust Corporation NTRS $186.79 $122.02 −35%
Raymond James Financial, Inc RJF $181.10 $142.42 −21%

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Frequently asked questions

Is Sure Ventures PLC (SURE) overvalued or undervalued?
As of Sep 5, 2026, our model estimates a fair value of £0.2843 versus a price of £0.3000, about −5% upside (fairly valued).
What is the fair value of SURE?
Our model-based fair value for Sure Ventures PLC is £0.2843 (as of Sep 5, 2026), built from audited fundamentals. The current price: £0.3000.
What is the quality score of SURE?
Sure Ventures 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 Sure Ventures PLC (SURE)?
Our model-based price target is the fair value of £0.2843 (as of Sep 5, 2026) from 6 valuation models. Cautious scenario £0.2132, optimistic scenario £0.3554. It is a calculation from audited fundamentals, not an analyst target.
What is the Sure Ventures PLC stock forecast for 2026?
Our models put fair value at £0.2843, about −5% upside versus a price of £0.3000 (fairly valued). Cautious scenario £0.2132, optimistic scenario £0.3554. The calculation is refreshed regularly with new filings.
What is the revenue of Sure Ventures PLC (SURE)?
Sure Ventures PLC reported trailing-twelve-month revenue of about £3.3M (latest available figure, as of Sep 5, 2026).
What is the net profit margin of SURE?
The net profit margin of Sure Ventures PLC is about 80.7%, meaning it keeps roughly 80.7% of revenue as net income. Based on the latest reported figures.
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