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Added to YB: 2026-04-15

Pitch date: 2026-04-13

SEIT.L [bullish]

SDCL Efficiency Income Trust Plc

+5.01%

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 455.9M

Pitch Price

GBP 0.42

Price Target

N/A

Dividend

15.14%

EV/EBITDA

N/A

P/E

11.01

EV/Sales

9.44

Sector

Capital Markets

Category

special_situation

Show full summary:
SEIT; go on say it

SEIT.L (holding update): Wind down declared. Buying at 42.6p avg, 15% yield on 6.36p dividend (92% covered). Portfolio valued at 50% discount vs peers' 12-16x EV/EBITDA multiples. Red Rochester (23p/sh) at 5x vs 12-16x comps; Onyx C&I solar (14.2p/sh net) at $0.75m/MW vs $2.8-3m/MW recent deals; Primary (20p/sh) at 6.8x vs 12x+ district heat comps.

Read full article (9 min)