Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 0/6 |
Past Performance | 5/6 |
Financial Health | 3/6 |
Dividends | 2/6 |
BRGE Stock Overview
BlackRock Greater Europe Investment Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited.
BlackRock Greater Europe Investment Trust Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | UK£4.42 |
52 Week High | UK£7.32 |
52 Week Low | UK£4.30 |
Beta | 0.99 |
1 Month Change | -15.65% |
3 Month Change | -19.64% |
1 Year Change | -24.96% |
3 Year Change | 23.46% |
5 Year Change | 37.70% |
Change since IPO | 371.47% |
Recent News & Updates
Shareholder Returns
BRGE | GB Capital Markets | GB Market | |
---|---|---|---|
7D | -0.2% | -1.0% | -0.4% |
1Y | -25.0% | -12.5% | -4.0% |
Return vs Industry: BRGE underperformed the UK Capital Markets industry which returned -12.5% over the past year.
Return vs Market: BRGE underperformed the UK Market which returned -4% over the past year.
Price Volatility
BRGE volatility | |
---|---|
BRGE Average Weekly Movement | 5.1% |
Capital Markets Industry Average Movement | 5.1% |
Market Average Movement | 6.2% |
10% most volatile stocks in GB Market | 11.6% |
10% least volatile stocks in GB Market | 3.2% |
Stable Share Price: BRGE is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BRGE's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2004 | n/a | n/a | https://www.blackrock.com/uk/individual/investment-ideas/investment-trust/blackrock-greater-europe-investment-trust |
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 invests in the public equity markets of Europe, excluding the United Kingdom.
BlackRock Greater Europe Investment Trust Fundamentals Summary
BRGE fundamental statistics | |
---|---|
Market Cap | UK£452.17m |
Earnings (TTM) | UK£196.58m |
Revenue (TTM) | UK£201.30m |
2.3x
P/E Ratio2.2x
P/S RatioIs BRGE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
BRGE income statement (TTM) | |
---|---|
Revenue | UK£201.30m |
Cost of Revenue | UK£0 |
Gross Profit | UK£201.30m |
Other Expenses | UK£4.73m |
Earnings | UK£196.58m |
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 1.92 |
Gross Margin | 100.00% |
Net Profit Margin | 97.65% |
Debt/Equity Ratio | 4.3% |
How did BRGE perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield3%
Payout RatioValuation
Is BlackRock Greater Europe Investment Trust undervalued compared to its fair value and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
46.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BRGE (£4.42) is trading below our estimate of fair value (£8.22)
Significantly Below Fair Value: BRGE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BRGE is good value based on its PE Ratio (2.3x) compared to the UK Capital Markets industry average (9.3x).
PE vs Market: BRGE is good value based on its PE Ratio (2.3x) compared to the UK market (15.4x).
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 (0.7x) compared to the GB Capital Markets industry average (1.2x).
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?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.4%
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?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
27.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRGE has a high level of non-cash earnings.
Growing Profit Margin: BRGE's current net profit margins (97.7%) are higher than last year (94.2%).
Past Earnings Growth Analysis
Earnings Trend: BRGE's earnings have grown significantly by 27% per year over the past 5 years.
Accelerating Growth: BRGE's earnings growth over the past year (251.9%) exceeds its 5-year average (27% per year).
Earnings vs Industry: BRGE earnings growth over the past year (251.9%) exceeded the Capital Markets industry 62.1%.
Return on Equity
High ROE: BRGE's Return on Equity (30.2%) is considered high.
Financial Health
How is BlackRock Greater Europe Investment Trust's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: BRGE's short term assets (£7.7M) do not cover its short term liabilities (£38.7M).
Long Term Liabilities: BRGE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BRGE's net debt to equity ratio (4.3%) 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's interest payments on its debt are well covered by EBIT (770x coverage).
Balance Sheet
Dividend
What is BlackRock Greater Europe Investment Trust current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BRGE's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.8%).
High Dividend: BRGE's dividend (1.43%) is low compared to the top 25% of dividend payers in the UK market (4.86%).
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.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.8%), BRGE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BRGE is paying a dividend but the company has no free cash flows.
Management
How experienced are the management team and are they aligned to shareholders interests?
10.4yrs
Average board tenure
CEO
BlackRock Greater Europe Investment Trust has no CEO, or we have no data on them.
Board Members
Experienced Board: BRGE's board of directors are seasoned and experienced ( 10.4 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 been diluted in the past year, with total shares outstanding growing by 15.6%.
Top Shareholders
Company Information
BlackRock Greater Europe Investment Trust plc's employee growth, exchange listings and data sources
Key Information
- Name: BlackRock Greater Europe Investment Trust plc
- Ticker: BRGE
- Exchange: LSE
- Founded: 2004
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£452.168m
- Shares outstanding: 102.30m
- Website: https://www.blackrock.com/uk/individual/investment-ideas/investment-trust/blackrock-greater-europe-investment-trust
Location
- BlackRock Greater Europe Investment Trust plc
- 12 Throgmorton Avenue
- London
- Greater London
- EC2N 2DL
- United Kingdom
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/22 00:00 |
End of Day Share Price | 2022/05/20 00:00 |
Earnings | 2021/08/31 |
Annual Earnings | 2021/08/31 |
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.