BlackRock Latin American Investment Trust plc is a closed ended equity mutual fund launched by BlackRock Fund Managers Limited.
Share Price & News
How has BlackRock Latin American Investment Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BRLA's share price has been volatile over the past 3 months.
7 Day Return
GB Capital Markets
1 Year Return
GB Capital Markets
Return vs Industry: BRLA underperformed the UK Capital Markets industry which returned 9.7% over the past year.
Return vs Market: BRLA underperformed the UK Market which returned -12.5% over the past year.
Price Volatility Vs. Market
How volatile is BlackRock Latin American Investment Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is BlackRock Latin American Investment Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BRLA (£3.08) is trading below our estimate of fair value (£12.37)
Significantly Below Fair Value: BRLA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BRLA is good value based on its PE Ratio (3.3x) compared to the Capital Markets industry average (15.4x).
PE vs Market: BRLA is good value based on its PE Ratio (3.3x) compared to the UK market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BRLA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BRLA is good value based on its PB Ratio (0.5x) compared to the GB Capital Markets industry average (1.6x).
How is BlackRock Latin American Investment 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 BlackRock Latin 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.
How has BlackRock Latin American Investment Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRLA has high quality earnings.
Growing Profit Margin: BRLA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BRLA has become profitable over the past 5 years, growing earnings by 54.8% per year.
Accelerating Growth: BRLA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BRLA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (16.4%).
Return on Equity
High ROE: BRLA's Return on Equity (15.8%) is considered low.
How is BlackRock Latin American Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: BRLA's short term assets ($7.5M) do not cover its short term liabilities ($20.3M).
Long Term Liabilities: BRLA's short term assets ($7.5M) exceed its long term liabilities ($262.0K).
Debt to Equity History and Analysis
Debt Level: BRLA's debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: BRLA's debt to equity ratio has increased from 0.4% to 6.5% over the past 5 years.
Debt Coverage: BRLA's debt is well covered by operating cash flow (114.7%).
Interest Coverage: BRLA's interest payments on its debt are well covered by EBIT (59.2x coverage).
What is BlackRock Latin American Investment Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BRLA's dividend (9.19%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: BRLA's dividend (9.19%) is in the top 25% of dividend payers in the UK market (5.68%)
Stability and Growth of Payments
Stable Dividend: BRLA's dividend payments have been volatile in the past 10 years.
Growing Dividend: BRLA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.1%), BRLA's dividend payments are well 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
BlackRock Latin American Investment Trust has no CEO, or we have no data on them.
|Senior Independent Director||11.42yrs||US$53.96k||no data|
|Independent Director||24.33yrs||US$28.46k||no data|
Experienced Board: BRLA's board of directors are seasoned and experienced ( 19.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
BlackRock Latin American Investment Trust plc's company bio, employee growth, exchange listings and data sources
- Name: BlackRock Latin American Investment Trust plc
- Ticker: BRLA
- Exchange: LSE
- Founded: 1990
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£120.723m
- Shares outstanding: 39.26m
- Website: https://www.blackrock.com/uk/individual/investment-ideas/investment-trust/blackrock-latin-american-investment-trust
- BlackRock Latin American Investment Trust plc
- 12 Throgmorton Avenue
- Greater London
- EC2N 2DL
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BRLA||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jan 1992|
|BRLAL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jan 1992|
BlackRock Latin American Investment Trust plc is a closed ended equity mutual fund launched by BlackRock Fund Managers Limited. The fund is managed by BlackRock Investment Management (UK) Limited. It invests in public equity markets of Latin America. The fund invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across all market capitalizations. It employs fundamental analysis with top-down and bottom-up stock picking approach focusing on factors like company’s good governance records, good earnings growth prospects over several years ahead, and strong balance sheets and cash flow generation to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI Latin EM America Index. It was formerly known as the Merrill Lynch Latin American Investment Trust plc. BlackRock Latin American Investment Trust plc was formed in July 1990 and is domiciled in the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 21:04|
|End of Day Share Price||2020/05/29 00:00|
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.