Canadian General Investments
Market Cap
UK£440.6m
Last Updated
2021/03/06 18:38 UTC
Data Sources
Company Financials
Executive Summary
Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. More Details
Rewards
Snowflake Analysis
Share Price & News
How has Canadian General Investments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CGI is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: CGI's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0%
CGI
-5.6%
GB Capital Markets
1.2%
GB Market
1 Year Return
50.0%
CGI
11.2%
GB Capital Markets
4.6%
GB Market
Return vs Industry: CGI exceeded the UK Capital Markets industry which returned 11.2% over the past year.
Return vs Market: CGI exceeded the UK Market which returned 4.6% over the past year.
Shareholder returns
| CGI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -5.6% | 1.2% |
| 30 Day | 5.4% | -6.6% | 0.9% |
| 90 Day | 13.3% | 0.06% | 2.4% |
| 1 Year | 54.5%50.0% | 14.8%11.2% | 10.6%4.6% |
| 3 Year | 75.9%60.2% | 39.5%23.7% | 8.6%-4.5% |
| 5 Year | 181.9%140.0% | 99.0%65.5% | 39.5%12.5% |
Long-Term Price Volatility Vs. Market
How volatile is Canadian General Investments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 years ago | Simply Wall St
Be careful about buying Canadian General Investments Limited (LSE:CGI) for the 3.85% dividend3 years ago | Simply Wall St
Canadian General Investments Limited (LSE:CGI) Delivered A Better ROE Than The Industry, Here’s WhyValuation
Is Canadian General Investments undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CGI (£21.3) is trading below our estimate of fair value (£54.13)
Significantly Below Fair Value: CGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CGI is good value based on its PE Ratio (14.6x) compared to the GB Capital Markets industry average (20.1x).
PE vs Market: CGI is good value based on its PE Ratio (14.6x) compared to the UK market (24.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CGI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CGI is good value based on its PB Ratio (1x) compared to the GB Capital Markets industry average (1.6x).
Future Growth
How is Canadian General Investments 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 Canadian General Investments 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 Canadian General Investments performed over the past 5 years?
26.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CGI has high quality earnings.
Growing Profit Margin: CGI's current net profit margins (69.7%) are higher than last year (60.4%).
Past Earnings Growth Analysis
Earnings Trend: CGI's earnings have grown significantly by 26.5% per year over the past 5 years.
Accelerating Growth: CGI's earnings growth over the past year (112.8%) exceeds its 5-year average (26.5% per year).
Earnings vs Industry: CGI earnings growth over the past year (112.8%) exceeded the Capital Markets industry -1.9%.
Return on Equity
High ROE: CGI's Return on Equity (6.7%) is considered low.
Financial Health
How is Canadian General Investments's financial position?
Financial Position Analysis
Short Term Liabilities: CGI's short term assets (CA$964.2M) exceed its short term liabilities (CA$101.3M).
Long Term Liabilities: CGI's short term assets (CA$964.2M) exceed its long term liabilities (CA$74.4M).
Debt to Equity History and Analysis
Debt Level: CGI's debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: CGI's debt to equity ratio has reduced from 25.7% to 22.1% over the past 5 years.
Debt Coverage: CGI's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: CGI's interest payments on its debt are well covered by EBIT (11x coverage).
Balance Sheet
Dividend
What is Canadian General Investments's current dividend yield, its reliability and sustainability?
2.38%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CGI's dividend (2.38%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).
High Dividend: CGI's dividend (2.38%) is low compared to the top 25% of dividend payers in the UK market (4.51%).
Stability and Growth of Payments
Stable Dividend: CGI's dividend payments have been volatile in the past 10 years.
Growing Dividend: CGI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.4%), CGI'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?
19.2yrs
Average board tenure
CEO
Jonathan Morgan
16.08yrs
Tenure
CA$215,165
Compensation
Mr. Jonathan A. Morgan serves as Principal, Executive Vice President and Chief Operating Officer at Morgan Meighen and Associates Limited. He serves as the Chief Executive Officer, President, and Director ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 16.08yrs | CA$215.17k | 1.03% CA$ 4.5m | |
| Chairman | no data | CA$238.15k | 0.32% CA$ 1.4m | |
| Director | 32.17yrs | CA$426.50k | 0.019% CA$ 84.5k | |
| Director | 17.17yrs | CA$43.59k | no data | |
| Director | 19.17yrs | CA$55.64k | 0.029% CA$ 126.7k | |
| Director | 20.17yrs | CA$57.59k | no data | |
| Director | 16.17yrs | CA$55.39k | 0.022% CA$ 95.0k | |
| Independent Director | 0.92yr | no data | 0.0096% CA$ 42.3k |
19.2yrs
Average Tenure
Experienced Board: CGI's board of directors are seasoned and experienced ( 19.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CGI 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
Canadian General Investments, Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Canadian General Investments, Limited
- Ticker: CGI
- Exchange: LSE
- Founded: 1930
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: CA$771.862m
- Listing Market Cap: CA$440.608m
- Shares outstanding: 20.86m
- Website: https://www.mmainvestments.com/cgi.cfm
Location
- Canadian General Investments, Limited
- 10 Toronto Street
- Toronto
- Ontario
- M5C 2B7
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CGI | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Jan 1976 |
| CGI | LSE (London Stock Exchange) | Yes | Common Shares | GB | GBP | Jan 1976 |
| CGRI.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Jan 1976 |
Biography
Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to i...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 18:38 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.