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← CockpitCompetitor Analysis › CAPD.L Capital LimitedOpen in the cockpit ↗

Capital LimitedCAPD.LCompetitor analysis, valuation and peers

United Kingdom · GBP·Industrials›Engineering & Construction
Momentum weak 34
Mkt cap
$329M
US dollars, full cap
Free float
79%
of shares outstanding
$/day
$459,131
20-day average traded
Fwd P/E
9.8×
forward earnings
ROIC−WACC
+1.5 pp
WACC 10.6%
Hurdle
-25 pp
Req g minus delivered
Next earnings
132 days
18 Mar 2027
Close · GBP£108.50
1D-1.4%
1W-3.1%
1M-9.6%
3M+8.5%
6M-4.0%
YTD-4.8%
1Y-7.7%
ATR %4.3%
52w lowhigh31.8% off high

What Capital does

Employees: 3,251

Capital at a glance

Size Capital (CAPD.L) is a United Kingdom Industrials company (Engineering & Construction) with a market value of $329M, the 353rd largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £108.50 on 6 Nov 2026.

Performance Over six months the shares fell 4.0%, against -18.2% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue grew 15.7% over the last twelve months (peer median +2.8%); the operating margin is 15.3% (peer median 6.2%).

Valuation It trades at 9.8× forward earnings against a peer median of 14.5× (2nd cheapest of 10).

Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is -25 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.5 points above its cost of capital (10.6% WACC).

Next results Next results expected around 18 Mar 2027 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 2026CAPD.L 94Peer median 83
Six months, rebased to 100: Capital against the median of its 20 peers (local-currency closes).

Capital financials

Reported figures in GBP; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue£302M£262M£272M£256M£236M
Revenue growth—-4%+6%+9%—
Gross profit£96.4M£79.9M£74.3M£86.2M£84.4M
EBITDA£85.3M£68.7M£67.7M£80.5M£73.1M
Net income£57.6M£52.6M£12.5M£29.6M£17.0M
Free cash flow£15.9M£31.8M£19.8M£12.9M£6.54M
Capital expenditure£28.5M£26.9M£31.9M£44.2M£39.9M
Total debtn/a£97.3M£119M£104M£75.8M

Quarterly statements and history in the cockpit →

Capital competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%-10%0%JKILKNRCON000548PSPPROJECT19451793MRBDUR1898603017600463DRX603183603909300198VINDHYATEL301027CAPD.L6-month return →1-month return →
Up and to the right = strong over both horizons. Capital is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%+40%10×15×20×JKILKNRCONPSPPROJECT1945MRBDURDRX603183603909CAPD.LRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Capital is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%25%50%JKILBONDADAPSPPROJECT1945DUR1898603017DRX603183TRK301027CAPD.LGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Capital is the large dot.

Capital competitors and peer comparison

How Capital compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Capital against its 20 peers (data as of 6 Nov 2026)
MeasureCAPD.LPeer medianRank in peer set
1-month return-9.6%-10.4%10th highest of 20
6-month return-4.0%-18.2%6th highest of 20
Distance from 52-week high-31.8%-33.7%9th highest of 20
Revenue growth (TTM)+15.7%+2.8%8th highest of 21
Operating margin15.3%6.2%3rd highest of 21
Forward P/E9.8×14.5×2nd cheapest of 10
Growth the price implies (Req g, 7 yrs)-4.9%3.0%4th least demanding of 12
Growth delivered (Del g)+20.0%+8.4%3rd highest of 12
Hurdle (Req g minus delivered)-25.0 pp-14.7 pp2nd least demanding of 12
ROIC minus cost of capital+1.5 pp-1.1 pp7th highest of 20
EV / EBITDA2.6×8.3×cheapest of 12
Net debt / EBITDA-0.3×-0.4×7th most indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Capital CAPD.LUnited Kingdom$329M-4%+16%15%9.8×-4.9%+20.0%
J. Kumar Infraprojects JKIL.NSIndia$331M-20%-2%11%7.1×-2.1%+17.4%
Bondada Engineering BONDADA.NSIndia$327Mn/a+202%11%n/a20.0%+58.2%
KNR Constructions KNRCON.NSIndia$327M-19%-38%25%22.2×n/an/a
Hunan Investment 000548.SZChina$326M-18%-19%19%n/an/an/a
PSP Projects PSPPROJECT.NSIndia$333M-7%+45%4%20.9×29.2%+20.5%
Tokyo Energy & Systems 1945.TJapan$326M-10%+29%6%10.4×3.0%+6.9%
Ohmoto Gumi 1793.TJapan$320M+15%+36%4%n/an/an/a
Mirbud MRB.WAPoland$319M+10%+6%4%10.3×n/an/a
Huitong Construction 603176.SSChina$340M-14%-24%5%n/an/an/a
Duratec DUR.AXAustralia$341M-28%0%5%14.5×4.6%+19.3%
Seikitokyu Kogyo 1898.TJapan$318M-4%-5%7%n/a-15.2%+1.1%
ARTS 603017.SSChina$345M-46%-10%9%n/a-0.2%-8.5%
Beijing Airport High-Tech Park 600463.SSChina$314M-35%+15%-9%n/an/an/a
ADF DRX.TOCanada$346M+62%+30%14%12.8×-15.6%+8.4%
Suzhou Institute of Building Science 603183.SSChina$347M-3%-6%7%21.1×10.1%+0.2%
C and D Holsin Engineering Consulting 603909.SSChina$348M-27%+23%2%18.8×n/an/a
Fujian Newchoice Pipe Technology 300198.SZChina$311M-21%+37%-154%n/an/an/a
Trakcja TRK.WAPoland$350M-23%-2%7%n/a-6.6%+10.9%
Vindhya Telelinks VINDHYATEL.NSIndia$310M+47%-18%7%n/an/an/a
Hualan 301027.SZChina$310M-43%+12%4%n/a22.0%-7.9%

Questions

Which companies are Capital's closest peers?
The cockpit's peer set: J. Kumar Infraprojects (JKIL.NS), Bondada Engineering (BONDADA.NS), KNR Constructions (KNRCON.NS), Hunan Investment (000548.SZ), PSP Projects (PSPPROJECT.NS), Tokyo Energy & Systems (1945.T), Ohmoto Gumi (1793.T), Mirbud (MRB.WA).
Is Capital expensive compared with its peers?
On forward p/e it trades at 9.8× against a peer median of 14.5×, 2nd cheapest of 10 in its peer set. For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is -25 pp: the price already allows for a slowdown.
How has Capital stock performed?
Over six months to 6 Nov 2026 the shares returned -4.0% against -18.2% for the median peer; over one year -7.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.