LSE:BRGE

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BlackRock Greater Europe Investment Trust

Executive Summary

BlackRock Greater Europe Investment Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. More Details

Rewards


Snowflake Analysis

Share Price & News

How has BlackRock Greater Europe Investment Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

Volatility Over Time: BRGE's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-0.4%

BRGE

-5.6%

GB Capital Markets

1.2%

GB Market


1 Year Return

41.2%

BRGE

11.2%

GB Capital Markets

4.6%

GB Market

Return vs Industry: BRGE exceeded the UK Capital Markets industry which returned 11.2% over the past year.

Return vs Market: BRGE exceeded the UK Market which returned 4.6% over the past year.


Shareholder returns

BRGEIndustryMarket
7 Day-0.4%-5.6%1.2%
30 Day-1.5%-6.6%0.9%
90 Day4.0%0.06%2.4%
1 Year43.3%41.2%14.8%11.2%10.6%4.6%
3 Year67.6%59.8%39.5%23.7%8.6%-4.5%
5 Year129.2%110.7%99.0%65.5%39.5%12.5%

Long-Term Price Volatility Vs. Market

How volatile is BlackRock Greater Europe Investment Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BlackRock Greater Europe Investment Trust undervalued compared to its fair value and its price relative to the market?

15.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BRGE (£5.24) is trading below our estimate of fair value (£6.21)

Significantly Below Fair Value: BRGE is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BRGE is good value based on its PE Ratio (7.9x) compared to the GB Capital Markets industry average (20.1x).

PE vs Market: BRGE is good value based on its PE Ratio (7.9x) compared to the UK market (24.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BRGE is good value based on its PB Ratio (1.1x) compared to the GB Capital Markets industry average (1.6x).

Future Growth

How is BlackRock Greater Europe Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.8%

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 BlackRock Greater Europe 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 BlackRock Greater Europe Investment Trust performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRGE has high quality earnings.

Growing Profit Margin: BRGE's current net profit margins (94.2%) are higher than last year (81.8%).


Past Earnings Growth Analysis

Earnings Trend: BRGE's earnings have grown by 5.8% per year over the past 5 years.

Accelerating Growth: BRGE's earnings growth over the past year (192.1%) exceeds its 5-year average (5.8% per year).

Earnings vs Industry: BRGE earnings growth over the past year (192.1%) exceeded the Capital Markets industry -1.9%.


Return on Equity

High ROE: BRGE's Return on Equity (14.4%) is considered low.

Financial Health

How is BlackRock Greater Europe Investment Trust's financial position?


Financial Position Analysis

Short Term Liabilities: BRGE's short term assets (£2.0M) do not cover its short term liabilities (£24.0M).

Long Term Liabilities: BRGE has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BRGE's debt to equity ratio (5.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if BRGE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: BRGE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: BRGE earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Dividend

What is BlackRock Greater Europe Investment Trust current dividend yield, its reliability and sustainability?

1.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BRGE's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.49%).

High Dividend: BRGE's dividend (1.17%) is low compared to the top 25% of dividend payers in the UK market (4.51%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.3%), BRGE'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.

Management

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

7.9yrs

Average board tenure


CEO

BlackRock Greater Europe Investment Trust has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Eric Sanderson
Director7.92yrsUK£28.80k0.0047%
£ 21.0k
Carol Ferguson
Chairman7.25yrsUK£31.56kno data
Peter Baxter
Non-Executive Director5.92yrsno data0.0059%
£ 26.2k
Davina Curling
Non Executive Director9.25yrsUK£23.00kno data
Gerald Holtham
Independent Non Executive Director16.75yrsUK£23.00kno data

7.9yrs

Average Tenure

71yo

Average Age

Experienced Board: BRGE's board of directors are considered experienced (7.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: BRGE 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

BlackRock Greater Europe Investment Trust plc's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • BlackRock Greater Europe Investment Trust plc
  • 12 Throgmorton Avenue
  • London
  • Greater London
  • EC2N 2DL
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRGELSE (London Stock Exchange)YesOrdinary SharesGBGBPSep 2004
BRGElBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPSep 2004

Biography

BlackRock Greater Europe Investment Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund inves...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 19:45
End of Day Share Price2021/03/05 00:00
Earnings2020/08/31
Annual Earnings2020/08/31


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.