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Alliance TrustLSE:ATST Stock Report

Last Price


Market Cap







16 Jan, 2022


Company Financials
ATST fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance4/6
Financial Health2/6

ATST Stock Overview

No business description

Alliance Trust Competitors










IntegraFin Holdings



Price History & Performance

Summary of all time highs, changes and price drops for Alliance Trust
Historical stock prices
Current Share PriceUK£10.08
52 Week HighUK£10.85
52 Week LowUK£8.64
1 Month Change-1.56%
3 Month Change-1.56%
1 Year Change12.38%
3 Year Change39.42%
5 Year Change55.20%
Change since IPO664.36%

Recent News & Updates

Shareholder Returns

ATSTGB Capital MarketsGB Market

Return vs Industry: ATST exceeded the UK Capital Markets industry which returned -1.9% over the past year.

Return vs Market: ATST exceeded the UK Market which returned 8.7% over the past year.

Price Volatility

Is ATST's price volatile compared to industry and market?
ATST volatility
ATST Average Weekly Movement2.2%
Capital Markets Industry Average Movement4.1%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.4%

Stable Share Price: ATST is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: ATST's weekly volatility (2%) has been stable over the past year.

About the Company


Alliance Trust Fundamentals Summary

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATST income statement (TTM)
Cost of RevenueUK£0
Gross ProfitUK£808.87m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)2.49
Gross Margin100.00%
Net Profit Margin94.79%
Debt/Equity Ratio11.0%

How did ATST perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


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


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: ATST (£10.08) is trading above our estimate of fair value (£9.89)

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

Price To Earnings Ratio

PE vs Industry: ATST is good value based on its PE Ratio (4.1x) compared to the UK Capital Markets industry average (11x).

PE vs Market: ATST is good value based on its PE Ratio (4.1x) compared to the UK market (19.5x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: ATST is good value based on its PB Ratio (0.9x) compared to the GB Capital Markets industry average (1.6x).

Future Growth

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


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 Alliance Trust 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.

Past Performance

How has Alliance Trust performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ATST has a high level of non-cash earnings.

Growing Profit Margin: ATST's current net profit margins (94.8%) are higher than last year (58.1%).

Past Earnings Growth Analysis

Earnings Trend: ATST's earnings have declined by 10.9% per year over the past 5 years.

Accelerating Growth: ATST's earnings growth over the past year (1491.9%) exceeds its 5-year average (-10.9% per year).

Earnings vs Industry: ATST earnings growth over the past year (1491.9%) exceeded the Capital Markets industry 66.7%.

Return on Equity

High ROE: ATST's Return on Equity (22.9%) is considered high.

Financial Health

How is Alliance Trust's financial position?

Financial Position Analysis

Short Term Liabilities: ATST's short term assets (£76.0M) do not cover its short term liabilities (£180.9M).

Long Term Liabilities: ATST's short term assets (£76.0M) do not cover its long term liabilities (£200.4M).

Debt to Equity History and Analysis

Debt Level: ATST's net debt to equity ratio (9%) is considered satisfactory.

Reducing Debt: ATST's debt to equity ratio has increased from 10.5% to 11% over the past 5 years.

Debt Coverage: ATST's debt is not well covered by operating cash flow (6.5%).

Interest Coverage: ATST's interest payments on its debt are well covered by EBIT (110.6x coverage).

Balance Sheet


What is Alliance Trust current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ATST's dividend (2.31%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: ATST's dividend (2.31%) is low compared to the top 25% of dividend payers in the UK market (4.05%).

Stability and Growth of Payments

Stable Dividend: ATST's dividend payments have been volatile in the past 10 years.

Growing Dividend: ATST's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.1%), ATST's dividend payments are thoroughly covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


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


Average board tenure


Alliance Trust has no CEO, or we have no data on them.

Board Members

Experienced Board: ATST's board of directors are considered experienced (5.7 years average tenure).


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

Insider Trading Volume

Insider Buying: ATST insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Alliance Trust PLC's employee growth, exchange listings and data sources

Key Information

  • Name: Alliance Trust PLC
  • Ticker: ATST
  • Exchange: LSE
  • Founded: 1888
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: UK£3.106b
  • Shares outstanding: 308.12m
  • Website:

Number of Employees


  • Alliance Trust PLC
  • Mid City Place
  • 71 High Holborn
  • London
  • Greater London
  • WC1V 6TP
  • United Kingdom


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 18:43
End of Day Share Price2022/01/14 00:00
Annual Earnings2020/12/31

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.