Added to YB: 2026-04-01
Pitch date: 2026-03-30
SEIT.L [bullish]
SDCL Efficiency Income Trust Plc
+1.22%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
SDCL Energy Efficiency Income Trust PLC invests in energy efficiency projects. The company was incorporated in 2018 and is based in London, United Kingdom.
Market Cap
GBP 432.0M
Pitch Price
GBP 0.41
Price Target
0.86 (+107%)
Dividend
15.98%
EV/EBITDA
N/A
P/E
10.43
EV/Sales
8.94
Sector
Capital Markets
Category
dividend
Battered'n'Bruised'n'not amused - SDCL Efficiency Income Trust plc.
SEIT.L: Trading 40p (54% discount to 86p NAV). Portfolio assets grew despite share price collapse. Sold assets at 9% discount, cut RCF 40%, saving £9M/yr interest (6.4%). Big 5 deliver 75% EBITDA, growing. Net effect: +£5M cash income boost. 15.8% dividend yield (6.32p), 20.3% total cash return. Project debt amortising 1.5p/yr. NAV sensitivity: discount rate drop from 9.7% to 7% adds 28p/share. Div covered 1.2x by net cash, fully profit-covered in 2026.
Read full article (4 min)