City of London Investment Group PLC is a publically owned investment manager. More Details
Flawless balance sheet established dividend payer.
Share Price & News
How has City of London Investment Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLIG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CLIG's weekly volatility (6%) has been stable over the past year.
7 Day Return
GB Capital Markets
1 Year Return
GB Capital Markets
Return vs Industry: CLIG exceeded the UK Capital Markets industry which returned 17.2% over the past year.
Return vs Market: CLIG exceeded the UK Market which returned 25.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is City of London Investment Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat To Know Before Buying City of London Investment Group PLC (LON:CLIG) For Its Dividend
4 weeks ago | Simply Wall StDid You Participate In Any Of City of London Investment Group's (LON:CLIG) Fantastic 146% Return ?
1 month ago | Simply Wall StWhat Kind Of Investors Own Most Of City of London Investment Group PLC (LON:CLIG)?
Is City of London Investment Group 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: CLIG (£5.32) is trading below our estimate of fair value (£6.53)
Significantly Below Fair Value: CLIG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CLIG is good value based on its PE Ratio (18.1x) compared to the GB Capital Markets industry average (20.8x).
PE vs Market: CLIG is good value based on its PE Ratio (18.1x) compared to the UK market (25.9x).
Price to Earnings Growth Ratio
PEG Ratio: CLIG is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: CLIG is overvalued based on its PB Ratio (2.2x) compared to the GB Capital Markets industry average (1.9x).
How is City of London Investment Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLIG's forecast earnings growth (27.5% per year) is above the savings rate (0.9%).
Earnings vs Market: CLIG's earnings (27.5% per year) are forecast to grow faster than the UK market (17.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CLIG's revenue (17.8% per year) is forecast to grow faster than the UK market (5.3% per year).
High Growth Revenue: CLIG's revenue (17.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CLIG's Return on Equity is forecast to be high in 3 years time
How has City of London Investment Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLIG has a large one-off loss of £3.6M impacting its December 31 2020 financial results.
Growing Profit Margin: CLIG's current net profit margins (23%) are lower than last year (28.7%).
Past Earnings Growth Analysis
Earnings Trend: CLIG's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: CLIG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CLIG had negative earnings growth (-5.7%) over the past year, making it difficult to compare to the Capital Markets industry average (3.9%).
Return on Equity
High ROE: CLIG's Return on Equity (7.3%) is considered low.
How is City of London Investment Group's financial position?
Financial Position Analysis
Short Term Liabilities: CLIG's short term assets (£24.6M) exceed its short term liabilities (£8.6M).
Long Term Liabilities: CLIG's short term assets (£24.6M) exceed its long term liabilities (£11.1M).
Debt to Equity History and Analysis
Debt Level: CLIG is debt free.
Reducing Debt: CLIG has not had any debt for past 5 years.
Debt Coverage: CLIG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CLIG has no debt, therefore coverage of interest payments is not a concern.
What is City of London Investment Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CLIG's dividend (5.64%) is higher than the bottom 25% of dividend payers in the UK market (1.35%).
High Dividend: CLIG's dividend (5.64%) is in the top 25% of dividend payers in the UK market (4.06%)
Stability and Growth of Payments
Stable Dividend: CLIG's dividends per share have been stable in the past 10 years.
Growing Dividend: CLIG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (105.2%), CLIG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CLIG's dividends in 3 years are forecast to be covered by earnings (71.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Thomas Wayne Griffith, also known as Tom, is Chief Executive Officer of City of London Investment Group Plc since March 1, 2019. He is Chief Executive Officer and Director of City of London Investment ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD645.84K) is about average for companies of similar size in the UK market ($USD723.12K).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Experienced Management: CLIG's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: CLIG's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CLIG insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 98.3%.
City of London Investment Group PLC's company bio, employee growth, exchange listings and data sources
- Name: City of London Investment Group PLC
- Ticker: CLIG
- Exchange: LSE
- Founded: 1991
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£262.419m
- Shares outstanding: 49.33m
- Website: https://www.citlon.co.uk
Number of Employees
- City of London Investment Group PLC
- 77 Gracechurch Street
- Greater London
- EC3V 0AS
- United Kingdom
City of London Investment Group PLC is a publically owned investment manager. The firm provides client focused equity portfolios. It invests in public equity markets across the globe. The firm invests in s...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 19:31|
|End of Day Share Price||2021/05/07 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.