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Fidelity Investment Trust - Fidelity European Values

Executive Summary

Fidelity Investment Trust - Fidelity European Values plc is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited.

Rewards


Snowflake Analysis

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.


Market Performance


7 Day Return

4.6%

FEV

-1.2%

GB Capital Markets

2.0%

GB Market


1 Year Return

5.3%

FEV

9.7%

GB Capital Markets

-12.8%

GB Market

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.


Shareholder returns

FEVIndustryMarket
7 Day4.6%-1.2%2.0%
30 Day9.2%8.4%5.7%
90 Day2.2%1.2%-8.2%
1 Year8.3%5.3%12.2%9.7%-8.6%-12.8%
3 Year21.2%12.2%57.2%46.0%-6.2%-17.6%
5 Year53.1%35.9%127.6%102.2%12.7%-12.5%

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

Valuation

Is Fidelity Investment Trust - Fidelity European Values undervalued compared to its fair value and its price relative to the market?

34.9%

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).

Future Growth

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

16.1%

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.

Past Performance

How has Fidelity Investment Trust - Fidelity European Values performed over the past 5 years?

14.1%

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.

Financial Health

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.


Balance Sheet

Dividend

What is Fidelity Investment Trust - Fidelity European Values's current dividend yield, its reliability and sustainability?

3.10%

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.

Management

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

10.0yrs

Average board tenure


CEO

Fidelity Investment Trust - Fidelity European Values has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
James Robinson
Senior Independent Director10yrsUK£26.00kno data
Simon Fraser
Director17.83yrsUK£22.50kno data
Humphrey van der Klugt
Chairman10yrsUK£35.00kno data
Marion Sears
Non-Executive Director7.33yrsUK£21.50k0.0062% £63.7k
Robin Niblett
Non-Executive Director10.33yrsUK£22.50k0.0045% £46.6k

10.0yrs

Average Tenure

60yo

Average Age

Experienced Board: FEV's board of directors are seasoned and experienced ( 10 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

Fidelity Investment Trust - Fidelity European Values plc's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Fidelity Investment Trust - Fidelity European Values plc
  • Beech Gate
  • Millfield Lane
  • Tadworth
  • Surrey
  • KT20 6RP
  • United Kingdom

Listings

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

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 21:22
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.