5 Best Undervalued UK Stocks to Invest In

2. Sportech PLC (LSE:SPO.L)

Number of Hedge Fund Holders: N/A

P/E Ratio: 3.28

Sportech PLC (LSE:SPO.L) ranks second on our list of the best undervalued UK stocks to buy now. A British gambling and entertainment company is mainly known for its widely used digital channels as the company’s tech solutions are used in Europe as well as North and South America. Sportech PLC (LSE:SPO.L) reported a 16% growth in its digital platform in its interim 2021 report, compared with the same period last year.

Since the beginning of the year, Sportech PLC (LSE:SPO.L) delivered a 39.3% return to shareholders, while the stock gained 103.3% in the past year. In the first half of 2021, the company reported revenue of £13.4 million, up from £7.8 million during the same period last year. Its service revenue accounted for £1.9 million of the gross revenue. Sportech PLC (LSE:SPO.L) has a trailing twelve months P/E ratio of 3.28.