Added to YB: 2026-09-07
Pitch date: 2026-09-04
SEIT.L [bullish]
SDCL Efficiency Income Trust Plc
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 390.8M
Pitch Price
N/A
Price Target
0.79
Dividend
N/A
EV/EBITDA
N/A
P/E
-4.47
EV/Sales
-5.09
Sector
Capital Markets
Category
value
SEIT slime but the cash is sublime
SEIT.L: At 36p versus an estimated 79.2p NAV, the market is effectively discounting cash flows twice: portfolio forecasts have already been rebased, discounted at a 9.5% levered rate and reduced for Holdco debt. During the wind-down, operating cash, project-debt amortisation and RCF repayment can lift equity value; the main risk is weak commissioning and cash extraction, particularly at Onyx, alongside uncertain disposal proceeds.
Read full article (10 min)