Genesis Emerging Markets Fund
Market Cap
UK£1.1b
Last Updated
2021/03/03 19:33 UTC
Data Sources
Company Financials
Executive Summary
Genesis Emerging Markets Fund is a closed ended equity mutual fund launched by Genesis Asset Managers, LLP. More Details
Rewards
Snowflake Analysis
Share Price & News
How has Genesis Emerging Markets Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GSS is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: GSS's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
1.8%
GSS
0.5%
GB Capital Markets
-0.2%
GB Market
1 Year Return
21.5%
GSS
14.4%
GB Capital Markets
1.1%
GB Market
Return vs Industry: GSS exceeded the UK Capital Markets industry which returned 15.2% over the past year.
Return vs Market: GSS exceeded the UK Market which returned 2% over the past year.
Shareholder returns
| GSS | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.8% | 0.5% | -0.2% |
| 30 Day | 0.4% | 5.3% | 3.6% |
| 90 Day | 5.5% | 7.8% | 4.2% |
| 1 Year | 23.4%21.5% | 18.0%14.4% | 7.0%1.1% |
| 3 Year | 33.1%25.6% | 53.2%35.9% | 10.6%-2.7% |
| 5 Year | 110.2%95.5% | 119.4%82.7% | 40.5%13.4% |
Long-Term Price Volatility Vs. Market
How volatile is Genesis Emerging Markets Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Genesis Emerging Markets Fund undervalued compared to its fair value and its price relative to the market?
14.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GSS (£8.91) is trading below our estimate of fair value (£10.56)
Significantly Below Fair Value: GSS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: GSS is good value based on its PE Ratio (6.5x) compared to the GB Capital Markets industry average (21.1x).
PE vs Market: GSS is good value based on its PE Ratio (6.5x) compared to the UK market (24x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GSS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GSS is good value based on its PB Ratio (0.9x) compared to the GB Capital Markets industry average (1.5x).
Future Growth
How is Genesis Emerging Markets 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 Genesis Emerging Markets 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 Genesis Emerging Markets Fund performed over the past 5 years?
18.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GSS has high quality earnings.
Growing Profit Margin: GSS's current net profit margins (92.5%) are lower than last year (93%).
Past Earnings Growth Analysis
Earnings Trend: GSS has become profitable over the past 5 years, growing earnings by 18.4% per year.
Accelerating Growth: GSS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GSS had negative earnings growth (-25.4%) over the past year, making it difficult to compare to the Capital Markets industry average (-2%).
Return on Equity
High ROE: GSS's Return on Equity (14.4%) is considered low.
Financial Health
How is Genesis Emerging Markets Fund's financial position?
Financial Position Analysis
Short Term Liabilities: GSS's short term assets ($1.6B) exceed its short term liabilities ($8.2M).
Long Term Liabilities: GSS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GSS is debt free.
Reducing Debt: GSS has not had any debt for past 5 years.
Debt Coverage: GSS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GSS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Genesis Emerging Markets Fund current dividend yield, its reliability and sustainability?
1.35%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GSS's dividend (1.37%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.47%).
High Dividend: GSS's dividend (1.37%) is low compared to 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, GSS has been paying a dividend for less than 10 years.
Growing Dividend: GSS's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.9%), GSS'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?
CEO
Genesis Emerging Markets 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Genesis Emerging Markets Fund's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Genesis Emerging Markets Fund
- Ticker: GSS
- Exchange: LSE
- Founded: 1989
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£1.082b
- Shares outstanding: 121.47m
- Website: https://www.genesisemf.com/
Location
- Genesis Emerging Markets Fund
- 21 Grosvenor Place
- London
- Greater London
- SW1X 7HU
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GSS | LSE (London Stock Exchange) | Yes | Participating Preference Shares | GB | GBP | Jan 1992 |
| GSSL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Participating Preference Shares | GB | GBP | Jan 1992 |
Biography
Genesis Emerging Markets Fund is a closed ended equity mutual fund launched by Genesis Asset Managers, LLP. The fund is managed by Genesis Investment Management, LLP. It invests in the public equity market...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 19:33 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.