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CLIG

City of London Investment GroupLSE:CLIG Stock Report

Last Price

UK£5.24

Market Cap

UK£256.7m

7D

4.8%

1Y

9.2%

Updated

21 Jan, 2022

Data

Company Financials +
CLIG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends6/6

CLIG Stock Overview

City of London Investment Group PLC is a publically owned investment manager.

Price History & Performance

Summary of all time highs, changes and price drops for City of London Investment Group
Historical stock prices
Current Share PriceUK£5.24
52 Week HighUK£5.80
52 Week LowUK£4.51
Beta0.61
1 Month Change5.97%
3 Month Change0%
1 Year Change9.17%
3 Year Change34.36%
5 Year Change42.59%
Change since IPO166.67%

Recent News & Updates

Oct 12
Most Shareholders Will Probably Agree With City of London Investment Group PLC's (LON:CLIG) CEO Compensation

Most Shareholders Will Probably Agree With City of London Investment Group PLC's (LON:CLIG) CEO Compensation

Under the guidance of CEO Tom Griffith, City of London Investment Group PLC ( LON:CLIG ) has performed reasonably well...

Shareholder Returns

CLIGGB Capital MarketsGB Market
7D4.8%-1.3%-1.3%
1Y9.2%-3.0%7.8%

Return vs Industry: CLIG exceeded the UK Capital Markets industry which returned -2.3% over the past year.

Return vs Market: CLIG matched the UK Market which returned 8.7% over the past year.

Price Volatility

Is CLIG's price volatile compared to industry and market?
CLIG volatility
CLIG Average Weekly Movement4.5%
Capital Markets Industry Average Movement4.1%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: CLIG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CLIG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991120Tom Griffithhttps://www.citlon.co.uk

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.

City of London Investment Group Fundamentals Summary

How do City of London Investment Group's earnings and revenue compare to its market cap?
CLIG fundamental statistics
Market CapUK£256.65m
Earnings (TTM)UK£16.97m
Revenue (TTM)UK£55.12m

15.1x

P/E Ratio

4.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CLIG income statement (TTM)
RevenueUK£55.12m
Cost of RevenueUK£0
Gross ProfitUK£55.12m
ExpensesUK£38.15m
EarningsUK£16.97m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Feb 18, 2022

Earnings per share (EPS)0.35
Gross Margin100.00%
Net Profit Margin30.79%
Debt/Equity Ratio0%

How did CLIG perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

84%

Payout Ratio

Does CLIG pay a reliable dividends?

See CLIG dividend history and benchmarks
When do you need to buy CLIG by to receive an upcoming dividend?
City of London Investment Group dividend dates
Ex Dividend DateFeb 24 2022
Dividend Pay DateMar 25 2022
Days until Ex dividend32 days
Days until Dividend pay date61 days

Does CLIG pay a reliable dividends?

See CLIG dividend history and benchmarks

Valuation

Is City of London Investment Group undervalued compared to its fair value and its price relative to the market?

29.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CLIG (£5.24) is trading below our estimate of fair value (£7.38)

Significantly Below Fair Value: CLIG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CLIG is poor value based on its PE Ratio (15.1x) compared to the UK Capital Markets industry average (11.1x).

PE vs Market: CLIG is good value based on its PE Ratio (15.1x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: CLIG is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: CLIG is overvalued based on its PB Ratio (2.1x) compared to the GB Capital Markets industry average (1.6x).


Future Growth

How is City of London Investment Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

9.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLIG's forecast earnings growth (9% per year) is above the savings rate (0.9%).

Earnings vs Market: CLIG's earnings (9% per year) are forecast to grow slower than the UK market (12.1% per year).

High Growth Earnings: CLIG's earnings are forecast to grow, but not significantly.

Revenue vs Market: CLIG's revenue (7.7% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: CLIG's revenue (7.7% 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


Past Performance

How has City of London Investment Group performed over the past 5 years?

8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLIG has high quality earnings.

Growing Profit Margin: CLIG's current net profit margins (30.8%) are higher than last year (22.7%).


Past Earnings Growth Analysis

Earnings Trend: CLIG's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: CLIG's earnings growth over the past year (124.5%) exceeds its 5-year average (8.8% per year).

Earnings vs Industry: CLIG earnings growth over the past year (124.5%) exceeded the Capital Markets industry 66.7%.


Return on Equity

High ROE: CLIG's Return on Equity (14.1%) is considered low.


Financial Health

How is City of London Investment Group's financial position?


Financial Position Analysis

Short Term Liabilities: CLIG's short term assets (£32.5M) exceed its short term liabilities (£10.0M).

Long Term Liabilities: CLIG's short term assets (£32.5M) exceed its long term liabilities (£11.0M).


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.


Balance Sheet


Dividend

What is City of London Investment Group current dividend yield, its reliability and sustainability?

6.30%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 22 2022Ex Dividend DateFeb 24 2022Dividend Pay DateMar 25 202229 days from Ex DividendBuy in the next 32 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CLIG's dividend (6.3%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: CLIG's dividend (6.3%) is in the top 25% of dividend payers in the UK market (4.04%)


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: At its current payout ratio (83.8%), CLIG's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CLIG's dividends in 3 years are forecast to be covered by earnings (72.4% payout ratio).


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Tom Griffith

2.83yrs

Tenure

UK£824,046

Compensation

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 ($USD1.12M) is above average for companies of similar size in the UK market ($USD811.52K).

Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: CLIG's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: CLIG's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CLIG 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

City of London Investment Group PLC's employee growth, exchange listings and data sources


Key Information

  • Name: City of London Investment Group PLC
  • Ticker: CLIG
  • Exchange: LSE
  • Founded: 1991
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: UK£256.650m
  • Shares outstanding: 48.98m
  • Website: https://www.citlon.co.uk

Number of Employees


Location

  • City of London Investment Group PLC
  • 77 Gracechurch Street
  • London
  • Greater London
  • EC3V 0AS
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 21:22
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.