LSE:GABI

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Executive Summary

Project Finance Investments Limited is an investment firm based in Jersey, Channel Islands. More Details

Rewards


Snowflake Analysis

Share Price & News

How has GCP Asset Backed Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GABI is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.

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


Market Performance


7 Day Return

0.9%

GABI

0.5%

GB Capital Markets

-0.2%

GB Market


1 Year Return

-10.6%

GABI

14.4%

GB Capital Markets

1.1%

GB Market

Return vs Industry: GABI underperformed the UK Capital Markets industry which returned 15.2% over the past year.

Return vs Market: GABI underperformed the UK Market which returned 2% over the past year.


Shareholder returns

GABIIndustryMarket
7 Day0.9%0.5%-0.2%
30 Day1.0%5.3%3.6%
90 Day2.0%7.8%4.2%
1 Year-3.9%-10.6%18.0%14.4%7.0%1.1%
3 Year13.9%-6.2%53.2%35.9%10.6%-2.7%
5 Year23.9%-8.7%119.4%82.7%40.5%13.4%

Long-Term Price Volatility Vs. Market

How volatile is GCP Asset Backed Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is GCP Asset Backed Income Fund undervalued compared to its fair value and its price relative to the market?

18.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GABI (£0.92) is trading above our estimate of fair value (£0.83)

Significantly Below Fair Value: GABI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GABI is good value based on its PE Ratio (18.7x) compared to the GB Capital Markets industry average (21.1x).

PE vs Market: GABI is good value based on its PE Ratio (18.7x) compared to the UK market (24x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GABI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GABI is good value based on its PB Ratio (0.9x) compared to the GB Capital Markets industry average (1.5x).

Future Growth

How is GCP Asset Backed Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.5%

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 GCP Asset Backed Income Fund 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 GCP Asset Backed Income Fund performed over the past 5 years?

32.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GABI has high quality earnings.

Growing Profit Margin: GABI's current net profit margins (77.7%) are lower than last year (81.7%).


Past Earnings Growth Analysis

Earnings Trend: GABI's earnings have grown significantly by 32.8% per year over the past 5 years.

Accelerating Growth: GABI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GABI had negative earnings growth (-11.5%) over the past year, making it difficult to compare to the Capital Markets industry average (-2%).


Return on Equity

High ROE: GABI's Return on Equity (4.9%) is considered low.

Financial Health

How is GCP Asset Backed Income Fund's financial position?


Financial Position Analysis

Short Term Liabilities: GABI's short term assets (£446.6M) exceed its short term liabilities (£1.4M).

Long Term Liabilities: GABI has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GABI is debt free.

Reducing Debt: GABI had no debt 5 years ago.

Debt Coverage: GABI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GABI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Dividend

What is GCP Asset Backed Income Fund current dividend yield, its reliability and sustainability?

7.85%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GABI's dividend (7.9%) is higher than the bottom 25% of dividend payers in the UK market (1.47%).

High Dividend: GABI's dividend (7.9%) is in the top 25% of dividend payers in the UK market (4.52%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, GABI has been paying a dividend for less than 10 years.

Growing Dividend: GABI's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (125.7%), GABI's dividend payments are not 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?


CEO

GCP Asset Backed Income Fund has no CEO, or we have no data on them.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GCP Asset Backed Income Fund Limited's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • GCP Asset Backed Income Fund Limited
  • 53/54 Grosvenor Street
  • London
  • W1K3HU
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GABILSE (London Stock Exchange)YesOrdinary SharesGBGBPOct 2015
GABILBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPOct 2015

Biography

Project Finance Investments Limited is an investment firm based in Jersey, Channel Islands.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 19:37
End of Day Share Price2021/03/03 00:00
Earnings2020/06/30
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.