AIM:SVE

Stock Analysis Report

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Executive Summary

Starvest plc is a venture capital firm specializing in growth capital, early stage and mid stage investments, seed/startup, small company new issues, and pre-initial public offering opportunities. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has Starvest's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SVE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.3%

SVE

-1.9%

GB Capital Markets

-1.9%

GB Market


1 Year Return

985.7%

SVE

1.1%

GB Capital Markets

-14.5%

GB Market

Return vs Industry: SVE exceeded the UK Capital Markets industry which returned 1.5% over the past year.

Return vs Market: SVE exceeded the UK Market which returned -14.2% over the past year.


Shareholder returns

SVEIndustryMarket
7 Day-1.3%-1.9%-1.9%
30 Day0.8%-1.5%-1.7%
90 Day58.3%-0.9%-4.4%
1 Year985.7%985.7%4.5%1.1%-11.3%-14.5%
3 Year310.8%310.8%22.9%8.2%-9.0%-20.3%
5 Year590.9%590.9%66.3%36.0%15.3%-10.6%

Price Volatility Vs. Market

How volatile is Starvest's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Starvest undervalued compared to its fair value and its price relative to the market?

4.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SVE (£0.19) is trading above our estimate of fair value (£0.08)

Significantly Below Fair Value: SVE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SVE is good value based on its PE Ratio (4.7x) compared to the GB Capital Markets industry average (17x).

PE vs Market: SVE is good value based on its PE Ratio (4.7x) compared to the UK market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SVE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SVE is overvalued based on its PB Ratio (2.3x) compared to the GB Capital Markets industry average (1.2x).


Next Steps

Future Growth

How is Starvest forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.2%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Starvest has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Starvest performed over the past 5 years?

74.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SVE has a large one-off gain of £2.5M impacting its March 31 2020 financial results.

Growing Profit Margin: SVE's current net profit margins are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: SVE has become profitable over the past 5 years, growing earnings by 74.9% per year.

Accelerating Growth: SVE's earnings growth over the past year (173.2%) exceeds its 5-year average (74.9% per year).

Earnings vs Industry: SVE earnings growth over the past year (173.2%) exceeded the Capital Markets industry 0.9%.


Return on Equity

High ROE: SVE's Return on Equity (50%) is considered outstanding.


Next Steps

Financial Health

How is Starvest's financial position?


Financial Position Analysis

Short Term Liabilities: SVE's short term assets (£4.7M) exceed its short term liabilities (£120.7K).

Long Term Liabilities: SVE has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SVE is debt free.

Reducing Debt: SVE has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.

Debt Coverage: SVE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SVE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Starvest current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SVE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SVE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SVE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SVE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SVE is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SVE's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average board tenure


CEO

Callum Baxter (50 yo)

5.08yrs

Tenure

UK£80,000

Compensation

Mr. Callum Newton Baxter, MSc (Ore Deposit Geology), MAIG, MAusIMM, has been Chief Technical Officer at Greatland Gold plc since January 19, 2017. Mr. Baxter served as the Chief Executive Officer and Manag ...


Board Members

NamePositionTenureCompensationOwnership
Callum Baxter
Chairman & CEO5.08yrsUK£80.00k13.27%
£ 1.5m
Gemma Cryan
Executive Director4.33yrsUK£40.24k2.16%
£ 235.8k
Mark Badros
Independent Non-Executive Director1.83yrsUK£15.50k0.26%
£ 28.2k

4.3yrs

Average Tenure

48yo

Average Age

Experienced Board: SVE's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.


Top Shareholders

Company Information

Starvest plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Starvest plc
  • Ticker: SVE
  • Exchange: AIM
  • Founded: 2000
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£10.939m
  • Shares outstanding: 57.57m
  • Website: https://www.starvest.co.uk

Location

  • Starvest plc
  • 33 St James's Square
  • London
  • Greater London
  • SW1Y 4JS
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SVEAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPSep 2000

Biography

Starvest plc is a venture capital firm specializing in growth capital, early stage and mid stage investments, seed/startup, small company new issues, and pre-initial public offering opportunities. It inves ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 20:57
End of Day Share Price2020/10/19 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.