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Duke Capital
(LSE:DUKE)
Select Model
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Rating:66Neutral
Price Target:
29.00 p
▲(8.41% Upside)
Action:Downgraded
Date:09/20/26
The score is primarily driven by solid—but uneven—financial performance: a sharp FY2026 revenue rebound and strong profitability are tempered by volatile free cash flow and rising debt. Valuation is a positive contributor due to the moderate P/E and high dividend yield, while technical indicators are broadly neutral with limited momentum.
Positive Factors
Recurring Structured-Finance Income
Duke’s structured-finance model is built around contracted payments from portfolio companies, giving revenue a recurring foundation. This can support visibility and disciplined portfolio growth, while equity-linked features may add upside beyond the contractual yield.
Negative Factors
Rising Absolute Debt
Debt increased from about 18m in FY2021 to 99m in FY2026, making the funding base materially more leveraged in absolute terms. Higher obligations can reduce flexibility, increase sensitivity to weaker portfolio-company payments, and amplify earnings pressure if performance softens.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring Structured-Finance Income
Duke’s structured-finance model is built around contracted payments from portfolio companies, giving revenue a recurring foundation. This can support visibility and disciplined portfolio growth, while equity-linked features may add upside beyond the contractual yield.
Read all positive factors
Duke Capital (DUKE) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£127.45M
Dividend Yield11.09%
Average Volume (3M)718.50K
Price to Earnings (P/E)11.6
Beta (1Y)0.14
Revenue Growth-2.21%
EPS Growth354.17%
CountryUK
Employees18
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)0.02
Shares Outstanding511,368,620
10 Day Avg. Volume640,818
30 Day Avg. Volume718,495
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.75
Price to Sales (P/S)4.58
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.03
Revenue Forecast (FY)£28.38M
Duke Capital Business Overview & Revenue Model
Company Description
Duke Capital Limited operates as a private equity firm primarily engaged in Management Buyouts (MBOs), buy-and-build strategies, mid-market investments, minority buyouts, restructuring endeavors, and royalty financing for small to medium-sized ent...
How the Company Makes Money
DUKE makes money by providing capital to portfolio companies under structured financing agreements that are designed to generate recurring contractual cash flows. Its primary revenue stream is the ongoing payments it receives from these agreements...
Duke Capital Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
56
Neutral
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 28.64M | 15.01M | 25.39M | 21.88M | 18.36M |
| Gross Profit | 28.39M | 6.40M | 19.04M | 21.20M | 16.62M |
| EBITDA | 20.97M | 15.16M | 27.38M | 26.70M | 23.50M |
| Net Income | 10.99M | 2.00M | 11.61M | 19.59M | 20.39M |
Balance Sheet | |||||
| Total Assets | 276.15M | 268.60M | 238.31M | 221.52M | 183.73M |
| Cash, Cash Equivalents and Short-Term Investments | 79.33M | 19.77M | 36.26M | 41.73M | 26.54M |
| Total Debt | 99.43M | 88.33M | 70.88M | 55.07M | 48.85M |
| Total Liabilities | 101.32M | 91.05M | 73.03M | 57.26M | 50.79M |
| Stockholders Equity | 174.83M | 177.55M | 165.28M | 164.26M | 132.94M |
Cash Flow | |||||
| Free Cash Flow | 0.00 | 21.52M | 16.92M | 10.72M | 71.92M |
| Operating Cash Flow | 13.22M | 21.52M | 16.92M | 10.72M | 9.34M |
| Investing Cash Flow | -20.55M | -22.87M | -26.38M | -25.17M | -61.83M |
| Financing Cash Flow | -4.08M | 18.33M | -2.75M | 17.71M | 56.49M |
Duke Capital Technical Analysis
Negative
26.75
Price Trends
26.23
Negative
25.80
Negative
25.26
Negative
Market Momentum
-0.18
Positive
34.82
Neutral
8.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:DUKE, the sentiment is Negative. The current price of 26.75 is above the 20-day moving average (MA) of 25.96, above the 50-day MA of 26.23, and above the 200-day MA of 25.26, indicating a bearish trend. The MACD of -0.18 indicates Positive momentum. The RSI at 34.82 is Neutral, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:DUKE.
Duke Capital Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | £252.70M | 13.81 | 15.69% | 4.26% | 5.81% | 19.19% | |
68 Neutral | £81.55M | 10.94 | 27.84% | 8.37% | -3.44% | -16.56% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | £127.45M | 11.58 | 6.27% | 11.09% | -2.21% | 354.17% | |
64 Neutral | £123.53M | 9.64 | 11.90% | 9.80% | -22.86% | -56.06% | |
62 Neutral | £186.54M | 19.35 | 8.74% | 6.30% | -20.90% | -41.22% | |
60 Neutral | £127.99M | -15.02 | -4.78% | 3.28% | -2.25% | -350.00% |
* Financial Sector Average
GB:DUKE
Duke Capital
25.25
0.22
0.87%
GB:CLIG
City of London Investment
522.00
166.43
46.81%
GB:IPX
Impax Asset Management
102.00
-69.27
-40.45%
GB:LIO
Liontrust Asset Management
301.50
0.24
0.08%
GB:MERC
Mercia Asset Management
30.50
2.01
7.06%
GB:REC
Record plc
43.00
-10.50
-19.62%
Duke Capital Corporate Events
Business Operations and StrategyDividends
Duke Capital Declares Q2 Interim Dividend to Sustain Shareholder Income
Positive
Sep 17, 2026
Duke Capital Limited, an AIM-listed provider of hybrid capital solutions for SMEs in Europe and North America, focuses on long-term corporate mortgage-style financing that aligns its returns with client business growth. The Guernsey-based firm tar...
Business Operations and StrategyShareholder Meetings
Duke Capital Shareholders Approve All Resolutions at 2026 AGM
Positive
Aug 25, 2026
Duke Capital Limited reported that all resolutions proposed at its Annual General Meeting held on 25 August 2026 were duly passed by shareholders. The company will publish detailed voting results on its website, underscoring routine but successful...
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresRegulatory Filings and Compliance
Duke Capital Expands LTIP Awards and Tops Up EBT with New Share Issue
Neutral
Aug 17, 2026
Duke Capital’s remuneration committee has granted 4,589,000 conditional performance share awards under its long-term incentive plan for the year to 31 March 2026, with significant allocations to CEO Neil Johnson and executive director Charli...
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
Duke Capital Publishes 2026 Annual Report and Sets August AGM in Guernsey
Positive
Jul 2, 2026
Duke Capital has published its 2026 Annual Report and Accounts along with the notice of its upcoming Annual General Meeting, making the documents available both by post to shareholders and electronically via its website. The AGM is scheduled to ta...
Financial DisclosuresShareholder Meetings
Duke Capital Publishes 2026 Annual Report and Sets AGM Date
Neutral
Jul 2, 2026
Duke Capital Limited, a Guernsey‑based alternative finance provider listed on AIM, specializes in hybrid capital solutions for SMEs in Europe and North America that blend equity and debt‑like features. Its long‑term “corpor...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.