Fidelity Investment Trust - Fidelity European Values plc is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited.
Share Price & News
How has Fidelity Investment Trust - Fidelity European Values's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FEV'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: FEV underperformed the UK Capital Markets industry which returned 9.7% over the past year.
Return vs Market: FEV exceeded the UK Market which returned -12.5% over the past year.
Price Volatility Vs. Market
How volatile is Fidelity Investment Trust - Fidelity European Values's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Fidelity Investment Trust - Fidelity European Values 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: FEV (£2.5) is trading below our estimate of fair value (£3.84)
Significantly Below Fair Value: FEV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FEV is good value based on its PE Ratio (4.6x) compared to the Capital Markets industry average (15.4x).
PE vs Market: FEV is good value based on its PE Ratio (4.6x) compared to the UK market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FEV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FEV is good value based on its PB Ratio (0.9x) compared to the GB Capital Markets industry average (1.6x).
How is Fidelity Investment Trust - Fidelity European Values 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 Fidelity Investment Trust - Fidelity European Values 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 Fidelity Investment Trust - Fidelity European Values performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FEV has high quality earnings.
Growing Profit Margin: FEV became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: FEV's earnings have grown by 14.1% per year over the past 5 years.
Accelerating Growth: FEV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FEV 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: FEV's Return on Equity (19.6%) is considered low.
How is Fidelity Investment Trust - Fidelity European Values's financial position?
Financial Position Analysis
Short Term Liabilities: FEV's short term assets (£33.2M) exceed its short term liabilities (£1.4M).
Long Term Liabilities: FEV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FEV is debt free.
Reducing Debt: FEV has not had any debt for past 5 years.
Debt Coverage: FEV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FEV has no debt, therefore coverage of interest payments is not a concern.
What is Fidelity Investment Trust - Fidelity European Values's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FEV's dividend (3.1%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: FEV's dividend (3.1%) is low compared to the top 25% of dividend payers in the UK market (5.68%).
Stability and Growth of Payments
Stable Dividend: FEV's dividend payments have been volatile in the past 10 years.
Growing Dividend: FEV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.9%), FEV's dividend payments are thoroughly 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
Fidelity Investment Trust - Fidelity European Values has no CEO, or we have no data on them.
|Senior Independent Director||10yrs||UK£26.00k||no data|
|Non-Executive Director||7.33yrs||UK£21.50k||0.0062% £63.7k|
|Non-Executive Director||10.33yrs||UK£22.50k||0.0045% £46.6k|
Experienced Board: FEV's board of directors are seasoned and experienced ( 10 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.
Fidelity Investment Trust - Fidelity European Values plc's company bio, employee growth, exchange listings and data sources
- Name: Fidelity Investment Trust - Fidelity European Values plc
- Ticker: FEV
- Exchange: LSE
- Founded: 1991
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£1.029b
- Shares outstanding: 411.47m
- Website: https://www.fidelity.co.uk/investor/investment-trusts/european-values-plc.page
- Fidelity Investment Trust - Fidelity European Values plc
- Beech Gate
- Millfield Lane
- KT20 6RP
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FEV||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jan 1992|
|FEVL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jan 1992|
Fidelity Investment Trust - Fidelity European Values plc is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International Limited. The fund invests in the public equity markets of Continental Europe. It makes its investments in stocks of companies operating across diversified sectors. The fund invests in stocks of companies operating across all market capitalizations. It also invests in value oriented growth stocks. The fund benchmarks the performance of its portfolio against the FTSE World Europe ex UK Index. Fidelity Investment Trust - Fidelity European Values plc was formed on November 5, 1991 and is domiciled in the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 21:22|
|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.