LSE:BHI

Stock Analysis Report

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Executive Summary

F&C UK High Income Trust plc operates as an investment trust, which invests in a portfolio of equities and fixed interest securities in the United Kingdom. More Details


Snowflake Analysis

Share Price & News

How has BMO UK High Income Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BHI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.9%

BHI

-2.6%

GB Capital Markets

-1.9%

GB Market


1 Year Return

-18.8%

BHI

-0.9%

GB Capital Markets

-16.2%

GB Market

Return vs Industry: BHI underperformed the UK Capital Markets industry which returned 0.1% over the past year.

Return vs Market: BHI underperformed the UK Market which returned -14.8% over the past year.


Shareholder returns

BHIIndustryMarket
7 Day-1.9%-2.6%-1.9%
30 Day-3.8%-0.2%0.7%
90 Day-3.2%-2.6%-4.8%
1 Year-13.3%-18.8%2.5%-0.9%-13.0%-16.2%
3 Year-12.7%-26.4%20.7%6.3%-9.4%-20.6%
5 Year9.3%-16.4%60.8%31.5%13.5%-12.0%

Price Volatility Vs. Market

How volatile is BMO UK High Income Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is BMO UK High Income Trust undervalued compared to its fair value and its price relative to the market?

1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BHI (£0.77) is trading above our estimate of fair value (£0.17)

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


Price To Earnings Ratio

PE vs Industry: BHI is unprofitable, so we can't compare its PE Ratio to the GB Capital Markets industry average.

PE vs Market: BHI is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BHI is good value based on its PB Ratio (1x) compared to the GB Capital Markets industry average (1.3x).

Future Growth

How is BMO UK High Income Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

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 BMO UK High Income 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 BMO UK High Income Trust performed over the past 5 years?

-33.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BHI is currently unprofitable.

Growing Profit Margin: BHI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BHI is unprofitable, and losses have increased over the past 5 years at a rate of 33.9% per year.

Accelerating Growth: Unable to compare BHI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BHI is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (0.9%).


Return on Equity

High ROE: BHI has a negative Return on Equity (-26.87%), as it is currently unprofitable.

Financial Health

How is BMO UK High Income Trust's financial position?


Financial Position Analysis

Short Term Liabilities: BHI's short term assets (£4.9M) exceed its short term liabilities (£507.0K).

Long Term Liabilities: BHI's short term assets (£4.9M) do not cover its long term liabilities (£7.5M).


Debt to Equity History and Analysis

Debt Level: BHI's debt to equity ratio (8.7%) is considered satisfactory.

Reducing Debt: BHI's debt to equity ratio has reduced from 14.2% to 8.7% over the past 5 years.

Debt Coverage: BHI's debt is well covered by operating cash flow (53%).

Interest Coverage: Insufficient data to determine if BHI's interest payments on its debt are well covered by EBIT.


Balance Sheet

Dividend

What is BMO UK High Income Trust current dividend yield, its reliability and sustainability?

7.01%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BHI's dividend (7.01%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: BHI's dividend (7.01%) is in the top 25% of dividend payers in the UK market (5.32%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: BHI is paying a dividend but the company is unprofitable.


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.

Management

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

9.8yrs

Average board tenure


CEO

BMO UK High Income Trust has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
John Evans
Non Executive Director7.42yrsUK£17.51k0.017%
£ 15.6k
Kenneth Shand
Senior Independent Director7.33yrsUK£19.50kno data
James Williams
Non-Executive Director11.08yrsUK£19.50k0%
£ 0
Iain McLaren
Chairman9.75yrsUK£29.25kno data
Julia Le Blan
Non Executive Director9.75yrsUK£21.50k0.0051%
£ 4.7k

9.8yrs

Average Tenure

66yo

Average Age

Experienced Board: BHI's board of directors are considered experienced (9.8 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

BMO UK High Income Trust Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BMO UK High Income Trust Plc
  • Ticker: BHI
  • Exchange: LSE
  • Founded:
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£90.709m
  • Shares outstanding: 116.63m
  • Website: https://www.fandcukhit.co.uk

Location

  • BMO UK High Income Trust Plc
  • 6th Floor
  • Quartermile 4
  • Edinburgh
  • EH3 9EG
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BHIBLSE (London Stock Exchange)Class B Ordinary SharesGBGBPMar 2007
BHILSE (London Stock Exchange)YesClass A Ordinary SharesGBGBPMar 2007
BHIULSE (London Stock Exchange)UnitsGBGBPMar 2007

Biography

F&C UK High Income Trust plc operates as an investment trust, which invests in a portfolio of equities and fixed interest securities in the United Kingdom. The trust’s equity portfolio comprises investment ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 22:03
End of Day Share Price2020/10/21 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.