| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
BAF Stock Overview
British & American Investment Trust plc is a publically owned investment manager.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.23 |
| 52 Week High | UK£0.41 |
| 52 Week Low | UK£0.18 |
| Beta | 1.01 |
| 1 Month Change | 0% |
| 3 Month Change | -24.59% |
| 1 Year Change | -22.03% |
| 3 Year Change | -54.46% |
| 5 Year Change | -71.25% |
| Change since IPO | -76.65% |
Recent News & Updates
Shareholder Returns
| BAF | GB Capital Markets | GB Market | |
|---|---|---|---|
| 7D | -11.5% | -1.3% | -1.3% |
| 1Y | -22.0% | -3.0% | 7.8% |
Return vs Industry: BAF underperformed the UK Capital Markets industry which returned -2.3% over the past year.
Return vs Market: BAF underperformed the UK Market which returned 8.7% over the past year.
Price Volatility
| BAF volatility | |
|---|---|
| BAF Average Weekly Movement | 6.4% |
| Capital Markets Industry Average Movement | 4.1% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.8% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: BAF is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BAF's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1947 | 8 | Jonathan Woolf | https://www.baitgroup.co.uk |
British & American Investment Trust plc is a publically owned investment manager. The firm manages equity mutual fund for its clients. It invests in public equity markets of United Kingdom.
British & American Investment Trust Fundamentals Summary
| BAF fundamental statistics | |
|---|---|
| Market Cap | UK£5.75m |
| Earnings (TTM) | UK£806.00k |
| Revenue (TTM) | UK£1.73m |
7.1x
P/E Ratio3.3x
P/S RatioIs BAF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BAF income statement (TTM) | |
|---|---|
| Revenue | UK£1.73m |
| Cost of Revenue | UK£0 |
| Gross Profit | UK£1.73m |
| Expenses | UK£928.00k |
| Earnings | UK£806.00k |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.032 |
| Gross Margin | 100.00% |
| Net Profit Margin | 46.48% |
| Debt/Equity Ratio | 8.9% |
How did BAF perform over the long term?
See historical performance and comparisonDividends
15.2%
Current Dividend Yield84%
Payout RatioValuation
Is British & American Investment Trust undervalued compared to its fair value and its price relative to the market?
7.13x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BAF (£0.23) is trading above our estimate of fair value (£0.19)
Significantly Below Fair Value: BAF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BAF is good value based on its PE Ratio (7.1x) compared to the UK Capital Markets industry average (11.1x).
PE vs Market: BAF is good value based on its PE Ratio (7.1x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BAF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BAF has negative assets, so we can't compare its PB Ratio to the GB Capital Markets industry average.
Future Growth
How is British & American Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.0%
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 British & American Investment 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 British & American Investment Trust performed over the past 5 years?
32.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BAF has high quality earnings.
Growing Profit Margin: BAF's current net profit margins (46.5%) are higher than last year (12.7%).
Past Earnings Growth Analysis
Earnings Trend: BAF has become profitable over the past 5 years, growing earnings by 32.5% per year.
Accelerating Growth: BAF's earnings growth over the past year (455.9%) exceeds its 5-year average (32.5% per year).
Earnings vs Industry: BAF earnings growth over the past year (455.9%) exceeded the Capital Markets industry 66.7%.
Return on Equity
High ROE: BAF's Return on Equity (13.7%) is considered low.
Financial Health
How is British & American Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: BAF's short term assets (£1.4M) do not cover its short term liabilities (£3.2M).
Long Term Liabilities: BAF's short term assets (£1.4M) do not cover its long term liabilities (£3.9M).
Debt to Equity History and Analysis
Debt Level: BAF's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: BAF's debt to equity ratio has reduced from 16.7% to 8.9% over the past 5 years.
Debt Coverage: BAF's debt is well covered by operating cash flow (247.1%).
Interest Coverage: BAF's interest payments on its debt are well covered by EBIT (24.5x coverage).
Balance Sheet
Dividend
What is British & American Investment Trust current dividend yield, its reliability and sustainability?
15.22%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BAF's dividend (15.22%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: BAF's dividend (15.22%) is in the top 25% of dividend payers in the UK market (4.04%)
Stability and Growth of Payments
Stable Dividend: BAF's dividend payments have been volatile in the past 10 years.
Growing Dividend: BAF's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.7%), BAF's payments are 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.0yrs
Average board tenure
CEO
Jonathan Woolf (64 yo)
no data
Tenure
UK£74,000
Compensation
Mr. Jonathan Charles Woolf serves as Managing Director and Portfolio Manager of British & American Investment Trust plc. Mr. Woolf is also a Portfolio Manager at British & American Investment Trust. Mr. Wo...
CEO Compensation Analysis
Compensation vs Market: Jonathan's total compensation ($USD100.34K) is below average for companies of similar size in the UK market ($USD329.57K).
Compensation vs Earnings: Jonathan's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: BAF's board of directors are seasoned and experienced ( 15 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
British & American Investment Trust PLC's employee growth, exchange listings and data sources
Key Information
- Name: British & American Investment Trust PLC
- Ticker: BAF
- Exchange: LSE
- Founded: 1947
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£5.750m
- Shares outstanding: 25.00m
- Website: https://www.baitgroup.co.uk
Number of Employees
Location
- British & American Investment Trust PLC
- Wessex House
- One Chesham Street
- London
- Greater London
- SW1X 8ND
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:42 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.