Pembroke VCT (PEMB) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 7.18%
• Average Volume (3M): 232.32K
• Price to Earnings (P/E): 76.7
• Beta (1Y): -0.06
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): N/A
• Shares Outstanding: 272,885,620
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 232,317
• PEG Ratio: -4.64
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 116.06
• P/FCF Ratio: -104.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: 94.00p ▲(3.87% Upside)

The score is driven primarily by mixed fundamentals: an excellent, low-debt balance sheet is offset by persistent negative free cash flow and volatile results. Technicals are neutral-to-slightly positive but look overbought on RSI, while valuation is pressured by a very high P/E despite a strong dividend yield. Corporate events add a modest positive boost due to a profitable exit and higher dividends alongside capital-raising activity.

Positive Factors

Strong Balance Sheet

A strong balance sheet with no debt and high equity ratio provides financial stability and flexibility, allowing Pembroke VCT to withstand economic fluctuations and invest in growth opportunities.

Strategic Share Issuances

Successful share issuances enhance capital base, providing funds for investment in high-growth potential ventures, supporting long-term expansion and market positioning.

Director Share Purchases

Director share purchases signal confidence in the company's future prospects, aligning management interests with shareholders and potentially boosting investor trust.

Negative Factors

Negative Profitability

Negative profitability indicates struggles in covering costs and achieving sustainable earnings, which can hinder long-term growth and investor confidence.

Negative Cash Flow

Negative cash flow from operations limits the company's ability to fund new investments and meet financial obligations, potentially impacting future growth and stability.

Volatile Revenue Growth

Volatile revenue growth poses risks to financial stability, making it challenging to forecast future performance and plan strategic investments effectively.

Pembroke VCT Business Overview & Revenue Model

Company Description

Pembroke VCT plc is a venture capital trust specializing in investments in any stage of businesses development including start-up to more mature businesses and established businesses. The fund usually invests in companies based in the United Kingdom. It seeks to invest in companies that generate revenues more than £0.5 million. It prefers to invest in consumer facing businesses health, fitness, fashion, apparel, accessories, Technology, media, design, education, food, beverage, wellness, digital services and hospitality sectors. The fund typically takes a minority stake.

How the Company Makes Money

Pembroke VCT makes money by investing in early-stage companies with high growth potential, focusing on a diverse range of sectors. The company generates revenue primarily through capital gains realized when these portfolio companies grow and eventually exit through acquisitions or public offerings. Pembroke VCT also earns money from any dividends distributed by profitable portfolio companies. Additionally, the company benefits from tax incentives associated with venture capital trust investments, which encourage individual investors to contribute funds. These incentives can enhance returns for both the trust and its investors. Pembroke VCT's earnings are significantly influenced by the performance and valuation of its investments, as well as the overall market conditions for exits and liquidity events.

Pembroke VCT Financial Statement Overview

Summary

Pembroke VCT faces financial challenges with negative profitability and cash flow issues, highlighted by a low income statement score of 35. However, the balance sheet is robust with a high score of 75, reflecting strong equity and no debt. Cash flow is concerning, with a score of 50 due to negative operating and free cash flows.

Income Statement

Pembroke VCT has faced significant challenges in generating positive revenue, with the most recent period showing negative revenue figures. Both gross profit and net income margins are negative, indicating a struggle to cover costs and achieve profitability. The revenue growth rate has been volatile, showing a significant decline compared to prior years, which poses a risk to financial stability. The company’s EBIT and EBITDA margins are also negative, highlighting operational inefficiencies.

Balance Sheet

The balance sheet of Pembroke VCT reflects strong equity holdings with a high equity ratio, indicating financial solidity and low leverage due to zero total debt. However, the return on equity has turned negative due to the net income losses, impacting potential returns for shareholders. Despite these drawbacks, the company maintains a healthy asset base with significant cash reserves, suggesting stability and potential for recovery.

Cash Flow

Cash flow analysis shows operating cash flow and free cash flow are both negative, suggesting difficulties in generating cash from operations. However, financing activities have been a source of cash inflow, providing liquidity. The free cash flow to net income ratio is not favorable, reflecting challenges in translating accounting profits into cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.00M	1.84M	-9.64M	-8.52M	25.67M	14.87M
Gross Profit	0.00	1.84M	-9.60M	-12.67M	29.96M	17.72M
EBITDA	3.11M	443.00K	0.00	0.00	0.00	0.00
Net Income	3.11M	443.00K	-10.47M	-9.26M	24.11M	14.01M
Balance Sheet
Total Assets	258.29M	261.66M	228.86M	217.75M	202.64M	133.16M
Cash, Cash Equivalents and Short-Term Investments	37.47M	36.79M	46.25M	32.49M	39.61M	12.42M
Total Debt	0.00	0.00	0.00	0.00	625.00K	249.00K
Total Liabilities	2.35M	9.99M	4.78M	692.00K	2.05M	494.00K
Stockholders Equity	255.95M	251.67M	224.07M	216.08M	200.59M	132.67M
Cash Flow
Free Cash Flow	-2.88M	-2.05M	-4.59M	-4.23M	-3.71M	-2.90M
Operating Cash Flow	-2.88M	-2.05M	-4.59M	-4.23M	-3.71M	-2.90M
Investing Cash Flow	-29.86M	-9.72M	-11.49M	-20.51M	-12.91M	-13.92M
Financing Cash Flow	28.24M	32.31M	29.84M	17.62M	43.81M	12.81M

Pembroke VCT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
PEMB	57 Neutral	―	76.69	0.19%	7.18%	―	―
BSFA	56 Neutral	£2.44M	-1.30	-46.41%	―	-64.18%	12.05%
PUAL	54 Neutral	£31.18M	-15.21	-10.50%	3.08%	77.84%	64.90%

Pembroke VCT Corporate Events

Pembroke VCT Confirms 272.9 Million Voting Rights in Latest Capital Update

Pembroke VCT plc has confirmed that as of 31 December 2025 its issued share capital comprises 272,885,612 B Ordinary shares, all of which carry voting rights, and that it holds no shares in treasury. This establishes the total number of voting rights at 272,885,612, a figure shareholders must use as the reference denominator when assessing and disclosing any interests or changes in holdings under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:PEMB) stock is a Hold with a £94.00 price target. To see the full list of analyst forecasts on Pembroke VCT stock, see the GB:PEMB Stock Forecast page.

Pembroke VCT Allots New B Ordinary Shares to Raise Capital

Pembroke VCT plc has announced the allotment of 5,882,363 B Ordinary Shares as part of an offer for subscription aimed at raising up to £40 million, with an additional over-allotment facility of £20 million. The shares were allotted at prices ranging from 99.00p to 106.81p per share, based on the unaudited net asset value as of September 30, 2025. This allotment increases the total number of B Ordinary Shares in issue to 272,885,612, which also represents the total voting rights in the company. The shares are expected to be admitted to the Official List of the Financial Conduct Authority and commence trading on the London Stock Exchange around December 23, 2025. This move is likely to enhance Pembroke VCT’s market presence and provide additional capital for investment opportunities.

Pembroke VCT Updates Share Capital and Voting Rights

Pembroke VCT PLC has announced that as of November 28, 2025, its share capital comprises 267,003,249 B Ordinary shares with voting rights, and it holds no shares in Treasury. This update is crucial for shareholders as it provides the denominator needed for calculations related to interest notifications under the FCA’s Disclosure Guidance and Transparency Rules.

Pembroke VCT Director Purchases Shares in Subscription Offer

Pembroke VCT plc announced a transaction involving the purchase of B ordinary shares by Louise Wolfson, a company director. The transaction, conducted on the London Stock Exchange, involved the acquisition of 10,101 shares at a price of £0.99 each, as part of an Offer for subscription. This move indicates active participation by managerial personnel in the company’s financial activities, potentially reflecting confidence in the company’s market position and future prospects.

Pembroke VCT Director Purchases Shares in Subscription Offer

Pembroke VCT plc announced a transaction involving Mark Stokes, a company director, who purchased B ordinary shares as part of an offer for subscription. The transaction took place on the London Stock Exchange, with 25,252 shares purchased at a price of £0.99 each. This move reflects ongoing managerial investment in the company, potentially indicating confidence in its future prospects.

Pembroke VCT Allots New B Ordinary Shares in Subscription Offer

Pembroke VCT plc has announced the allotment of 3,931,855 B Ordinary Shares as part of their subscription offer, which aims to raise up to £40 million with an additional over-allotment facility of £20 million. The shares were issued at prices ranging from 99.00p to 104.77p per share, based on the unaudited net asset value as of September 30, 2025. This issuance brings the total number of B Ordinary Shares to 267,003,249, with trading on the London Stock Exchange expected to commence around November 28, 2025. This move is part of Pembroke VCT’s strategic efforts to enhance its capital base, potentially impacting its market positioning and providing shareholders with updated voting rights.

Pembroke VCT Reports Steady Half-Year Financial Performance

Pembroke VCT plc has released its half-yearly report for the six months ending 30 September 2025. The report reveals an unaudited net asset value per B Ordinary Share of 99.0p and a total return per B Ordinary Share of 141.0p, indicating a stable financial performance. This announcement reflects Pembroke VCT’s continued focus on maintaining shareholder value and could influence investor confidence positively.

Pembroke VCT Announces Profitable Exit and Dividend Increase

Pembroke VCT PLC, a venture capital trust, has announced its successful exit from N Family Club, resulting in a 2.9x return for its shareholders. Following this profitable transaction, the company has declared a dividend of 3.5 pence per B Ordinary Share, raising the total dividend to 5.5 pence per share for the current financial year, reflecting its commitment to delivering shareholder value.

Pembroke VCT Issues New Shares to Enhance Capital Base

Pembroke VCT PLC has announced the issuance of B Ordinary Shares as part of an Offer for Subscription, aiming to raise up to £40 million, with an additional over-allotment facility of £20 million. The allotment of 4,661,219 B Ordinary Shares was made based on the unaudited net asset value as of June 30, 2025, with share prices ranging from 98.50p to 103.68p. This brings the total number of B Ordinary Shares in issue to 263,071,394, which also represents the total number of voting rights. The shares are set to be admitted to the London Stock Exchange’s main market, with trading expected to commence around October 30, 2025. This move is likely to enhance Pembroke VCT’s capital base and potentially improve its market position.