Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Foresight Solar & Technology VCT Plc operates as a venture capital trust, primarily allocating capital to private enterprises that generate electricity using solar power systems. These investments are notably attractive due to their reliance on stable, long-term pricing assurances linked to government initiatives. The VCT employs a broad array of investment vehicles, including equity instruments such as ordinary and preference shares, various forms of debt like loan stocks and convertible securities, and other income-generating assets. Its portfolio also encompasses money market instruments, short-duration bonds, and collective investment schemes including unit trusts and Open-Ended Investment Companies (OEICs). The company, established on June 18, 2010, maintains its principal office in London, United Kingdom.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA.