LSE:GSS

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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

GSSIndustryMarket
7 Day1.8%0.5%-0.2%
30 Day0.4%5.3%3.6%
90 Day5.5%7.8%4.2%
1 Year23.4%21.5%18.0%14.4%7.0%1.1%
3 Year33.1%25.6%53.2%35.9%10.6%-2.7%
5 Year110.2%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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GSSLSE (London Stock Exchange)YesParticipating Preference SharesGBGBPJan 1992
GSSLBATS-CHIXE (BATS 'Chi-X Europe')YesParticipating Preference SharesGBGBPJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 19:33
End of Day Share Price2021/03/03 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.