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Unicorn AIM VCT plc (UAV) Fair Value & Analysis

Financial Services · GB · Market cap 175M GBX

UA Unicorn AIM VCT plc UAV · LSE
Price£0.6800
Fair Value£0.7990
Upside+17.5%
Quality34/100
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Weak Growth
Highly profitable · 87.3% net margin
negative free cash flow
8.09% dividend yield
Ranks above peers (7/11)
Wide moat 69/100
Evidence: Low Range £0.4760 – £1.04 Share as image

Fair value as of: Jul 18, 2026

From 2 valuation models · updated 23 days ago

Share price +2.2% over the past month.

Below-average quality, screening 18% undervalued on our models.

What matters now

  • A fairly wide model range (£0.4760 to £1.04) leaves room in how you read the outcome.
  • 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.
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Price vs Fair Value (5 years)

£0.8213 £0.5170 Fair Value £0.7990 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range £0.5170 – £0.8213 · fair‑value band £0.4760 – £1.04 · the £0.6800 price screens below the £0.7990 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Unicorn AIM VCT plc (UAV) currently trades at £0.6800, while our model-based Fair Value estimate is £0.7990, implying the stock looks roughly 17.5% undervalued today. The Quality Score stands at 34/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Trailing-twelve-month revenue stands at £1.5M. Revenue grew 35.1% year over year. It earns a return on equity of -1.5%. The balance sheet holds a net cash position of £2.6M. Fundamentals as of Jul 18, 2026

Our scenario range runs from £0.4760 (bear case) to £1.04 (bull case); at £0.6800, 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 -12% fair-value upside, at 18%, UAV screens cheaper 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
P/B Multiple £0.4800 £0.6400 £0.8000 55
NCAV (Graham) £0.3800 £0.5100 £0.7500 50
All 2 models by family
Multiples
P/B Multiple £0.4800 £0.6400 £0.8000 55
Asset-Based
NCAV (Graham) £0.3800 £0.5100 £0.7500 50

Widest divergence: Multiples (£0.6400) versus Asset-Based (£0.5100). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) 1.5M GBX
Revenue growth (YoY) +35.1%
Net margin -197%
Return on equity -1.5%
Free cash flow −1.6M GBX FY2025
P/E ratio 19.3
More key figures
Operating margin 83.2%
EPS (TTM) £-0.0100
Dividend yield 9.6%
EPS growth (YoY) +30.4%
Net cash 2.6M GBX FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 28 · Market factors (momentum, volatility) 62

Profitability 5
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 91
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 59
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

Unicorn AIM VCT plc is a venture capital trust specializing in venture capital investments. It tends to invest in a diverse range of sectors including software, computer services, pharmaceuticals and biotechnology.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Unicorn AIM VCT plc reported revenue of £4.6M in FY2025 versus £112M in FY2021, a compound −55.0%/yr. Reported net income was −£3.0M in FY2025.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
£4.6M
Latest YoY
+225.9%
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.
−37.6%
Avg. growth/yr (23Y) 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.
+12.6%
Revenue −55.0%/yr
FY21 £112M
FY22 −£104M
FY23 −£9.9M
FY24 £1.4M
FY25 £4.6M
Net income
FY21 £111M
FY22 −£105M
FY23 −£10.6M
FY24 £625K
FY25 −£3.0M

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Cite: Fair Value Calculator (2026). "Unicorn AIM VCT plc Fair Value". https://www.fairvalue-calculator.com/stock/UAV

Peer Group

Asset Management · 971 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 32 · Bottom 25%
Fair Value upside +18% · Above median
Return on equity (TTM) 17% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 87% · Top 25%
Operating margin (TTM) 90% · Top 25%
Revenue growth 35% · Above median
Dividend yield (TTM) 8.1% · Top 25%

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 19.3× · Pricier than median
P/B 1.22× · Pricier than median
P/S (TTM) 6.53× · Pricier 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 57 · sector 37
FUTURE 100 · sector 6
PAST 70 · sector 26
HEALTH 0 · sector 95
DIVIDEND 100 · sector 69

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 Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

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Frequently asked questions

Is Unicorn AIM VCT plc (UAV) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of £0.7990 versus a price of £0.6800, about +18% (undervalued).
What is the fair value of UAV?
Our model-based fair value for Unicorn AIM VCT plc is £0.7990 (as of Jul 18, 2026), built from audited fundamentals. The current price is £0.6800.
What is the quality score of UAV?
Unicorn AIM VCT plc has a Quality Score of 34/100. 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 Unicorn AIM VCT plc (UAV)?
Unicorn AIM VCT plc reported trailing-twelve-month revenue of about £1.5M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of UAV?
The net profit margin of Unicorn AIM VCT plc is about -196.9%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Unicorn AIM VCT plc pay a dividend?
Unicorn AIM VCT plc currently shows a dividend yield of about 9.56% relative to its recent price (as of Jul 18, 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.

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