Oakley Capital Investments (LON:OCI) Releases Earnings Results

Oakley Capital Investments (LON:OCIGet Free Report) announced its quarterly earnings results on Thursday. The company reported GBX 41 earnings per share for the quarter, Digital Look Earnings reports. Oakley Capital Investments had a net margin of 74.73% and a return on equity of 4.67%.

Here are the key takeaways from Oakley Capital Investments’ conference call:

  • NAV rose 6% in H1 2026 to £1.29 billion, or 782p per share, driven primarily by £56 million of unrealized portfolio gains; 80% of the gain came from earnings growth.
  • Portfolio performance was led by Phenna, North Sails and TechInsights, while several newer investments are maturing. Management expects organic EBITDA growth to improve from the current 9%, with M&A lifting overall growth to approximately 17%–18%.
  • Oakley highlighted strong AI exposure through its Touring Fund, including Exaforce, CuspAI and other AI-native businesses; CuspAI’s valuation rose from €89 million at seed to €2.6 billion at its Series B. The fund has recorded eight markups and one early exit.
  • Liquidity remains manageable but constrained, with £640 million of net outstanding commitments versus approximately £230 million of available liquid resources. Potential exits and portfolio refinancings could return up to £200 million over the next year, although timing and execution remain uncertain.
  • OCI’s shares continue to trade at a substantial 33% discount to NAV, despite management’s confidence in the portfolio and long-term returns. The company plans further buybacks and is evaluating additional measures, but acknowledged that a re-rating may take time.

Oakley Capital Investments Trading Up 0.9%

Shares of LON OCI opened at GBX 528.64 on Thursday. Oakley Capital Investments has a fifty-two week low of GBX 422 and a fifty-two week high of GBX 578. The company has a debt-to-equity ratio of 18.36, a quick ratio of 82.79 and a current ratio of 84.00. The company has a market cap of £867.55 million, a price-to-earnings ratio of 15.55 and a beta of 0.47. The business’s 50 day moving average price is GBX 518.56 and its 200-day moving average price is GBX 500.47.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “buy” rating on shares of Oakley Capital Investments in a report on Friday, July 31st. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on OCI

About Oakley Capital Investments

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Oakley Capital Investments (“OCI”) is a Specialist Fund Segment listed investment vehicle that provides shareholders with consistent long-term returns in excess of the FTSE All-Share by providing exposure to private equity returns, where value can be created through market growth, consolidation and performance improvement.

Through its investments in the Oakley Capital Funds, OCI enables shareholders to share in the growth and performance of a portfolio of European-based companies across Technology, Consumer, Education and Business Services sectors.

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