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Thruvision Group (THRU) Fair Value & Analysis

Industrials · GB · Market cap 3.0M GBX

TG Thruvision Group THRU · LSE
Price£0.0133
Fair Value£0.0085
Upside-36.1%
Quality38/100
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Weak Growth
Loss-making · -60.3% net margin
negative free cash flow
Trails peers (3/9)
Narrow moat 10/100
Evidence: Low Range £0.0104 – £0.0104 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated yesterday

Share price +97.0% over the past month.

Below-average quality, and screening another 36% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (£0.0104). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

£0.3450 £0.0053 Fair Value £0.0085 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range £0.0053 – £0.3450 · the £0.0133 price screens above the £0.0085 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Thruvision Group (THRU) currently trades at £0.0133, while our model-based Fair Value estimate is £0.0085, implying the stock looks roughly 36.1% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Industrials 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: low).

Over the trailing twelve months, Thruvision Group generated revenue of £4.9M at a net margin of -90.9%. Revenue grew 36.4% year over year. It earns a return on equity of -71.4%. The balance sheet holds a net cash position of £1.7M. Fundamentals as of Aug 13, 2026

For context, the median of 10 Industrials peers we cover trades at 6% fair-value upside, at -36%, THRU screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

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
NCAV (Graham) £0.0100 £0.0100 £0.0100 50
All 1 models by family
Asset-Based
NCAV (Graham) £0.0100 £0.0100 £0.0100 50

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Key figures & financial health

Revenue (TTM) 6.0M GBX
Revenue growth (YoY) +51.8%
Net margin -60.3%
Return on equity -70.7%
Free cash flow −701K GBX FY2026
Operating margin -40.9%
More key figures
EPS (TTM) £-0.0100
EPS growth (YoY) +242%
Net cash 1.7M GBX FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 39 · Market factors (momentum, volatility) 53

Profitability 16
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 71
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 64
Price trend over the last 3–12 months (market factor)
52W Momentum 38
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.

About the company

Thruvision Group plc engages in the development, manufacture, and sale of people security screening technology in the United Kingdom, Europe, the United States, the Middle East, Africa, Asia Pacific, and internationally. Its products are the Thruvision 8104, 8108, and 8116, as sensors for detecting a range of items on both stationary and moving people.

Full company description

Thruvision Group plc engages in the development, manufacture, and sale of people security screening technology in the United Kingdom, Europe, the United States, the Middle East, Africa, Asia Pacific, and internationally. Its products are the Thruvision 8104, 8108, and 8116, as sensors for detecting a range of items on both stationary and moving people. The company's products are used in retail distribution, custom agencies, prisons, entrances, and aviation markets. The company was formerly known as Digital Barriers plc and changed its name to Thruvision Group plc in November 2017. Thruvision Group plc was incorporated in 2010 and is based in Abingdon, the United Kingdom.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Thruvision Group reported revenue of £6.0M in FY2026 versus £8.4M in FY2022, a compound −7.9%/yr. Reported net income was −£3.6M in FY2026.

Growth Quality 6/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
£6.0M
Latest YoY
+44.6%
Avg. 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.
−21.4%
Avg. 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.
−2.1%
Avg. growth/yr (15Y) 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.
−0.6%
Revenue −7.9%/yr
FY22 £8.4M
FY23 £12.4M
FY24 £7.8M
FY25 £4.2M
FY26 £6.0M
Net income
FY22 −£1.7M
FY23 −£805K
FY24 −£2.8M
FY25 −£4.6M
FY26 −£3.6M

THRU screens 36% overvalued. Compare with ASSA ABLOY AB →

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Cite: Fair Value Calculator (2026). "Thruvision Group Fair Value". https://www.fairvalue-calculator.com/stock/THRU

Peer Group

Security & Protection Services · 112 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 39 · Bottom 25%
Fair Value upside −32% · Below median
Return on assets -26% · Bottom 25%
Net margin (TTM) -60% · Bottom 25%
Operating margin (TTM) -41% · Bottom 25%
Revenue growth 52% · Top 25%

Valuation Multiples vs Security & Protection Services median · lower = cheaper

P/B 0.87× · Cheaper than median
P/S (TTM) 0.68× · Cheaper than median

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.

VALUE 0 · sector 28
FUTURE 100 · sector 38
PAST 0 · sector 20
HEALTH 0 · sector 99
DIVIDEND 0 · sector 49

VALUE 0: the price sits above our fair-value range.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Security & Protection Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
ASSA ABLOY AB ASSAB kr 360.50 kr 269.97 -25%
Verisure plc VSURE €9.33 €12.40 +33%
Allegion plc ALLE $166.11 $127.80 -23%
Securitas AB SECUB kr 147.90 kr 186.34 +26%
Zhejiang Dahua Technology Co 002236 ¥16.46 ¥31.47 +91%
MSA Safety Incorporated MSA $192.04 $116.42 -39%
ADT Inc ADT $7.31 $16.68 +128%
The Brink's Company BCO $113.96 $121.18 +6%
Brady Corporation BRC $95.12 $72.32 -24%
The GEO Group GEO $31.45 $25.50 -19%

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Frequently asked questions

Is Thruvision Group (THRU) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of £0.0085 versus a price of £0.0133, about −36% (overvalued).
What is the fair value of THRU?
Our model-based fair value for Thruvision Group is £0.0085 (as of Aug 13, 2026), built from audited fundamentals. The current price is £0.0133.
What is the quality score of THRU?
Thruvision Group has a Quality Score of 38/100. 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 revenue of Thruvision Group (THRU)?
Thruvision Group reported trailing-twelve-month revenue of about £4.9M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of THRU?
The net profit margin of Thruvision Group is about -90.9%, meaning it is currently running at a net loss. 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.

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