Strategic Equity Capital

SEC.L

Asset Management · Financial Services

Exchange

London Stock Exchange

Winston Score

Winston is curious

A decent business — some strong pillars, some weaker.

Data as of Aug 23, 2026 · filings through Dec 31, 2025

How the score breaks down

Quality

Strong

Growth

Good

Cash Flow

Weak

Stability

Good

Valuation

Good

Dividends

Good

Track this stock — start free trial

Winston Score History

The full picture

Strategic Equity Capital plc is a UK-based investment trust that pools money from investors and uses it to buy shares in small British companies. It focuses on smaller, undervalued businesses listed on the London Stock Exchange, aiming to grow the value of those holdings over time. The fund is managed by GVQ Investment Management, which uses an active, hands-on approach to working with the companies it invests in.

The trust makes money by charging management fees based on the assets it holds, which explains its high gross margins. It operates entirely within the UK small-cap market, with a market value of around £100 million, making it a relatively small fund. Its competitive edge comes from taking concentrated positions in a small number of companies and engaging directly with management to unlock value — but this also means performance is heavily tied to a handful of holdings, and a downturn in UK small-cap stocks could significantly hurt returns.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+80.7% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

-36.0% YoY

YoY Growth Rate

Earnings declining

Insider Activity

25.9%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

£174M cash & investments

Quarterly Free Cash Flow

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

Strategic Equity Capital grew revenue 81% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

87.7%

Premium pricing power — 87.7% gross margin

Profit after running costs

Operating Margin

64.6%

Excellent — 64.6% operating margin

Return on the money invested

ROCE

11.9%

Below par — 11.9% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+402.8%

Fast-growing sales (+402.8% YoY)

Profit growth

EPS YoY

+187.2%

Earnings growing fast (+187.2% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is

EPS Consistency

3/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

Weak — only 4% of profit becomes cash

Spare cash per sale

FCF Margin

1.1%

Thin free cash flow (1.1%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

N/A

Data not available

Covers its interest

Interest Cover

100.00x

—

Comfortably covers interest (100.0x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

8.9x

no trend

Attractive valuation — P/E 8.9

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

1.18%

no trend

Small dividend — 1.18% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record

Dividend Growth

+129.0%

no trend

Dividend growing fast (129.0% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial