Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Softcat plc is a leading provider of IT infrastructure solutions to corporate and public sector organizations across the UK and internationally. Founded in 1993 by Peter Kelly as Software Catalogue (originally Wardswift), the company specializes in delivering core IT platforms, including software licensing, client computing, data centre infrastructure, networking, security, and comprehensive support services. With headquarters in Marlow, Buckinghamshire, Softcat operates offices in multiple UK locations, Ireland, and international sites such as Washington DC, Singapore, Hong Kong, Sydney, and Amsterdam. It focuses on five key areas: hybrid cloud solutions, workspace collaboration, cyber security, networking and connectivity, and data automation with AI. Renowned for its customer-centric approach, Softcat maintains a 98-99% customer satisfaction rating, serves over 10,000 long-standing clients, and partners with top vendors like Microsoft, Cisco, Dell, and AWS. The company emphasizes a vibrant culture driven by values of fun, responsibility, community, intelligence, and passion, supported by over 850 employees and ISO-certified services for quality, security, and continuity. Softcat plc plays a vital role in enabling digital transformation and technological resilience for businesses worldwide.
16.00% operating margin is respectable but not wide. ROIC at 40.40%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 2.3% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from 46.46% to 40.40%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
£963M
▼ -2.3% YoY
Net Income (TTM)
£119M
▲ +6.3% YoY
Op. Margin
16.00%
▲ +1.7pp YoY
ROIC
40.40%
▼ -6.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£108M
▲ +6.8% YoY
Op. Cash Flow (TTM)
£110M
▼ -44.4% YoY
Net Debt
-£148M
Net Cash Position
Cash & Equiv.
£158M
3Y CAGR: +7.1%
3Y CAGR: +8.6%
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