Polar Capital Technology Trust (LSE:PCT) Beginning Cash Position: £420 Mil (As of Apr. 2026)

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LSE:PCT Polar Capital Technology Trust PLC LSE:PCT
54 GF Score
Price £6.28
GF Value £12.15
Valuation Possible Value Trap
! 3 Warning Signs
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What is Polar Capital Technology Trust Beginning Cash Position?

Polar Capital Technology Trust LSE:PCT -2.86% 54 Beginning Cash Position is £420 Mil as of Apr. 2026. GuruFocus rates LSE:PCT with a GF Score™ of 54/100 and a GF Value™ of £12.15 (Possible Value Trap). The stock has 3 warning signs investors should review.

Polar Capital Technology Trust's Beginning Cash Position for the quarter that ended in Apr. 2026 was £420 Mil.

Polar Capital Technology Trust's quarterly Beginning Cash Position declined from Apr. 2025 (£191 Mil) to Oct. 2025 (£188 Mil) but then increased from Oct. 2025 (£188 Mil) to Apr. 2026 (£420 Mil).

Polar Capital Technology Trust's annual Beginning Cash Position declined from Apr. 2024 (£239 Mil) to Apr. 2025 (£103 Mil) but then increased from Apr. 2025 (£103 Mil) to Apr. 2026 (£188 Mil).

Polar Capital Technology Trust Beginning Cash Position Related Terms

Polar Capital Technology Trust Beginning Cash Position Historical Data

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The historical data trend for Polar Capital Technology Trust's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Polar Capital Technology Trust Beginning Cash Position Chart

Polar Capital Technology Trust Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 212.73 311.36 239.10 102.60 187.87

Polar Capital Technology Trust Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 247.18 102.60 191.37 187.87 419.82
LSE:PCT
54GF Score
Polar Capital Technology Trust PLC LSE:PCT
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Polar Capital Technology Trust Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of £420 Mil mean?
Polar Capital Technology Trust (LSE:PCT) has a Beginning Cash Position of £420 Mil as of Apr. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Polar Capital Technology Trust and its competitors.
Is Polar Capital Technology Trust's Beginning Cash Position too high?
Polar Capital Technology Trust's current Beginning Cash Position is £420 Mil. Overall, Polar Capital Technology Trust has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Technology Trust's Beginning Cash Position compare to BLK and BX?
Polar Capital Technology Trust's Beginning Cash Position of £420 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Asset Management company?
A good Beginning Cash Position depends on the Asset Management industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Polar Capital Technology Trust and its competitors. Polar Capital Technology Trust's current Beginning Cash Position is £420 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Technology Trust stock overvalued right now?
Based on GuruFocus' analysis, Polar Capital Technology Trust (LSE:PCT) is currently considered Possible Value Trap. The stock's GF Value™ is £12.15, compared to a current price of £6.28 — trading 48.4% below its estimated fair value. The current Beginning Cash Position is £420 Mil. Polar Capital Technology Trust's overall GF Score™ is 54/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Polar Capital Technology Trust (LSE:PCT), the current Beginning Cash Position is £420 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Polar Capital Technology Trust (LSE:PCT) Overvalued in 2026?

Based on GuruFocus' analysis, Polar Capital Technology Trust stock appears to be undervalued. The current stock price of £6.28 is trading 48.4% below its estimated GF Value™ of £12.15. GuruFocus considers Polar Capital Technology Trust to be Possible Value Trap.

Key valuation signals for LSE:PCT:

  • Beginning Cash Position: £420 Mil
  • GF Value™: £12.15 vs. price of £6.28 (48.4% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the LSE:PCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Polar Capital Technology Trust Business Description

Address 16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Technology Trust PLC is a UK-based investment trust company. The company has an investment objective to achieve long-term capital growth by investing in a diversified portfolio of technology companies world-wide. Geographically, the company generates investment income from North America, Europe, and the Asia Pacific region. It invests in sectors such as Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and others.
54GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£6.28
Price
£12.15
GF Value