British Smaller VCT 2 (LSE:BSC) FCF Margin %: -3.44% (As of Dec. 2025)


LSE:BSC British Smaller Companies VCT 2 PLC LSE:BSC
34 GF Score
Price £0.49
GF Value £0.26
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is British Smaller VCT 2 FCF Margin %?

British Smaller VCT 2 LSE:BSC 34 FCF Margin % is -3.44% as of Dec. 2025. GuruFocus rates LSE:BSC with a GF Score™ of 34/100 and a GF Value™ of £0.26 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,461 Asset Management companies, British Smaller VCT 2 ranks worse than 76.45% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. British Smaller VCT 2's Free Cash Flow for the six months ended in Dec. 2025 was £-0.11 Mil. British Smaller VCT 2's Revenue for the six months ended in Dec. 2025 was £3.11 Mil. Therefore, British Smaller VCT 2's FCF Margin % for the quarter that ended in Dec. 2025 was -3.44%.

As of today, British Smaller VCT 2's current FCF Yield % is -0.72%.

The historical rank and industry rank for British Smaller VCT 2's FCF Margin % or its related term are showing as below:

LSE:BSC' s FCF Margin % Range Over the Past 10 Years
Min: -90.56   Med: -9.94   Max: 19.41
Current: -25.97


During the past 13 years, the highest FCF Margin % of British Smaller VCT 2 was 19.41%. The lowest was -90.56%. And the median was -9.94%.

LSE:BSC's FCF Margin % is ranked worse than
76.45% of 1461 companies
in the Asset Management industry
Industry Median: 14.62 vs LSE:BSC: -25.97


British Smaller VCT 2 FCF Margin % Related Terms


British Smaller VCT 2 FCF Margin % Historical Data

* Premium members only.

The historical data trend for British Smaller VCT 2's FCF Margin % 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.

British Smaller VCT 2 FCF Margin % Chart

British Smaller VCT 2 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.82 -90.56 -24.74 -44.36 -25.97

British Smaller VCT 2 Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % 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 -6.31 1,269.23 4.55 -59.23 -3.44

LSE:BSC vs BLK, BX, KKR: FCF Margin % Comparison

For the Asset Management subindustry, British Smaller VCT 2's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


British Smaller VCT 2 FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, British Smaller VCT 2's FCF Margin % distribution charts can be found below:

* The bar in red indicates where British Smaller VCT 2's FCF Margin % falls into.


LSE:BSC
34GF Score
British Smaller Companies VCT 2 PLC LSE:BSC
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

British Smaller VCT 2 FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

British Smaller VCT 2's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-1.355/5.218
=-25.97 %

British Smaller VCT 2's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-0.107/3.111
=-3.44 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -3.44% mean?
British Smaller VCT 2 (LSE:BSC) has a FCF Margin % of -3.44% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on British Smaller VCT 2 and its competitors. According to the industry distribution chart, British Smaller VCT 2 ranks #1117 out of 1461 companies in the Asset Management industry, placing it in the top 76.5%.
Is British Smaller VCT 2's FCF Margin % too high?
British Smaller VCT 2's current FCF Margin % is -3.44%. Based on the distribution chart, British Smaller VCT 2 ranks #1117 out of 1461 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, British Smaller VCT 2 has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does British Smaller VCT 2's FCF Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, British Smaller VCT 2 ranks #1117 out of 1461 companies for FCF Margin %. This places British Smaller VCT 2 in the lower half of its industry. The industry median FCF Margin % is 14.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.62, based on 1,461 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on British Smaller VCT 2 and its competitors. For the Asset Management industry, the median FCF Margin % is 14.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. British Smaller VCT 2's current FCF Margin % is -3.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British Smaller VCT 2 stock overvalued right now?
Based on GuruFocus' analysis, British Smaller VCT 2 (LSE:BSC) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.26, compared to a current price of £0.49 — trading 89.2% above its estimated fair value. The current FCF Margin % is -3.44%. British Smaller VCT 2's overall GF Score™ is 34/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For British Smaller VCT 2 (LSE:BSC), the current FCF Margin % is -3.44% as of Dec. 2025. 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 British Smaller VCT 2 (LSE:BSC) Overvalued in 2026?

Based on GuruFocus' analysis, British Smaller VCT 2 stock appears to be overvalued. The current stock price of £0.49 is trading 89.2% above its estimated GF Value™ of £0.26. GuruFocus considers British Smaller VCT 2 to be Significantly Overvalued.

Key valuation signals for LSE:BSC:

  • FCF Margin %: -3.44%
  • GF Value™: £0.26 vs. price of £0.49 (89.2% above fair value)
  • GF Score™: 34/100 with 2 warning signs

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


British Smaller VCT 2 Business Description

Address 2 Bond Court, 4th Floor, Leeds, GBR, LS1 2JZ
British Smaller Companies VCT 2 PLC operates as a venture capital trust in the United Kingdom. The investment planning of the company is to invest in UK businesses across a broad range of sectors that blend a mix of businesses operating in established and emerging industries that offer opportunities for the application and development of innovation in their products and services.
34GF Score

Get the complete analysis for LSE:BSC

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.49
Price
£0.26
GF Value