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Added to YB: 2026-09-25

Pitch date: 2026-09-22

EMVC.L [bullish]

EMV Capital plc

Author Info

The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.

Company Info

EMV Capital plc is a venture capital firm specializing in seed, growth capital, early and mid stage investments.

Market Cap

GBP 13.1M

Pitch Price

GBP 0.47

Price Target

1.15 (+145%)

Dividend

N/A

EV/EBITDA

-46.21

P/E

-622.52

EV/Sales

4.77

Sector

Health Care Equipment and Supplies

Category

value

Show full summary:
EMVC ahead of the 1H26 results

EMVC.L: EMV Capital’s key 1H26 test is parent/core cash consumption and whether fee income can cover corporate costs. At 44p, the shares trade at a 62% discount to ~116p pro-forma adjusted NAV; the three-year base case is 115p, a 37.2% IRR. The capital-light model is taking shape, but the clean test starts in 2H26, and continued cash burn could force discounted equity raises.

Read full article (3 min)