LSE:BUT

Stock Analysis Report

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Executive Summary

The Brunner Investment Trust PLC is an open-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. More Details

Rewards


Snowflake Analysis

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-4.5%

BUT

-1.8%

GB Capital Markets

-2.3%

GB Market


1 Year Return

4.4%

BUT

15.7%

GB Capital Markets

1.1%

GB Market

Return vs Industry: BUT underperformed the UK Capital Markets industry which returned 14.4% over the past year.

Return vs Market: BUT exceeded the UK Market which returned 1% over the past year.


Shareholder returns

BUTIndustryMarket
7 Day-4.5%-1.8%-2.3%
30 Day-0.7%3.6%1.8%
90 Day0.9%11.3%5.5%
1 Year7.1%4.4%19.4%15.7%7.2%1.1%
3 Year24.5%15.8%51.9%34.7%9.8%-3.3%
5 Year90.6%68.8%113.6%78.0%36.9%10.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Brunner Investment Trust undervalued compared to its fair value and its price relative to the market?

12.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BUT (£8.5) is trading below our estimate of fair value (£9.73)

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


Price To Earnings Ratio

PE vs Industry: BUT is good value based on its PE Ratio (13.5x) compared to the GB Capital Markets industry average (20.9x).

PE vs Market: BUT is good value based on its PE Ratio (13.5x) compared to the UK market (23.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BUT is good value based on its PB Ratio (0.9x) compared to the GB Capital Markets industry average (1.5x).

Future Growth

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

24.4%

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 Brunner 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 Brunner Investment Trust performed over the past 5 years?

0.07%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BUT has high quality earnings.

Growing Profit Margin: BUT's current net profit margins (86.2%) are lower than last year (92.4%).


Past Earnings Growth Analysis

Earnings Trend: BUT's earnings have grown by 0.07% per year over the past 5 years.

Accelerating Growth: BUT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BUT had negative earnings growth (-48%) over the past year, making it difficult to compare to the Capital Markets industry average (-3%).


Return on Equity

High ROE: BUT's Return on Equity (6.4%) is considered low.

Financial Health

How is Brunner Investment Trust's financial position?


Financial Position Analysis

Short Term Liabilities: BUT's short term assets (£2.1M) do not cover its short term liabilities (£11.6M).

Long Term Liabilities: BUT's short term assets (£2.1M) do not cover its long term liabilities (£13.4M).


Debt to Equity History and Analysis

Debt Level: BUT's debt to equity ratio (5.9%) is considered satisfactory.

Reducing Debt: BUT's debt to equity ratio has reduced from 18% to 5.9% over the past 5 years.

Debt Coverage: BUT's debt is well covered by operating cash flow (66.3%).

Interest Coverage: BUT's interest payments on its debt are well covered by EBIT (33x coverage).


Balance Sheet

Dividend

What is Brunner Investment Trust current dividend yield, its reliability and sustainability?

2.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BUT's dividend (2.36%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).

High Dividend: BUT's dividend (2.36%) is low compared to the top 25% of dividend payers in the UK market (4.57%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.9%), BUT'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.

Management

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

11.3yrs

Average board tenure


CEO

Brunner Investment Trust has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Amanda Aldridge
Non-Executive Directorno datano data0.0094%
£ 34.0k
Keith Percy
Chairman15.92yrsUK£33.50kno data
Peter Maynard
Non Executive Director10.33yrsUK£20.00k0.0094%
£ 34.0k
Vivian Bazalgette
Non-Executive Director17.08yrsUK£20.00kno data
Ian Barlow
Non-Executive Director11.25yrsUK£23.00k0.14%
£ 519.0k
James Sharp
Non-Executive Director7.08yrsno data0.27%
£ 974.5k

11.3yrs

Average Tenure

63yo

Average Age

Experienced Board: BUT's board of directors are seasoned and experienced ( 11.3 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

The Brunner Investment Trust PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Brunner Investment Trust PLC
  • Ticker: BUT
  • Exchange: LSE
  • Founded: 1927
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£362.888m
  • Shares outstanding: 42.69m
  • Website: https://www.brunner.co.uk

Location

  • The Brunner Investment Trust PLC
  • 199 Bishopsgate
  • London
  • Greater London
  • EC2M 3TY
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BUTLSE (London Stock Exchange)YesOrdinary SharesGBGBPJan 1992
BUTlBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJan 1992

Biography

The Brunner Investment Trust PLC is an open-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in public equity markets across the globe. It seeks t...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 19:27
End of Day Share Price2021/02/26 00:00
Earnings2020/11/30
Annual Earnings2020/11/30


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.