Silence Therapeutics PLC (SLN) intrinsic value & 10-year financials

Silence Therapeutics PLC (SLN) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 9 fiscal years revenue grew 14.8% a year to £559.0K, with an average return on invested capital of 75.0%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
£8.68
Market cap
£1.2B
Revenue (FY2025)
£559.0K
Revenue growth (9-yr CAGR)
14.8%
ROIC (10-yr avg)
75.0%
Free cash flow (FY2025)
-£62.3M

SLN 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 £559.0K -£88.6M -£0.63 -£62.3M -16292.8% -285.5%
FY2024 £43.3M -£45.3M -£0.33 -£67.9M -146.4% 372.6%
FY2023 £31.6M -£54.2M -£0.49 -£49.5M -203.5% 137.9%
FY2022 £21.7M -£50.3M -£0.52 -£57.2M -281.9% —
FY2021 £12.4M -£39.4M — £5.5M -369.0% —
FY2020 £5.3M -£32.5M — -£11.3M -676.4% —
FY2019 £244.0K -£19.6M — £1.7M -9317.2% —
FY2018 — -£18.4M — -£16.9M — —
FY2017 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in GBP.

Executive summary

Silence Therapeutics plc revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Silence Therapeutics plc has earned high returns on invested capital, averaging 46.3% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

Silence Therapeutics plc capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Silence Therapeutics plc is modeled at 14.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-20.73 per share.

SLN stock: frequently asked questions

What is the intrinsic value of Silence Therapeutics PLC (SLN) stock?

Graham's formula only works with positive earnings. Silence Therapeutics PLC reported diluted EPS of -£0.63 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Silence Therapeutics PLC generate free cash flow?

Silence Therapeutics PLC generated -£62.3M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 2 of the last 8 reported years.

What is SLN's return on invested capital?

Average ROIC over the last 9 fiscal years was 75.0%, and average return on equity was -165.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this SLN data come from?

From Silence Therapeutics PLC's annual 10-K filings on SEC EDGAR, most recently filed Aug 10, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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