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ICGT

ICG Enterprise TrustLSE:ICGT Stock Report

Last Price

UK£12.60

Market Cap

UK£863.3m

7D

-0.5%

1Y

35.2%

Updated

20 Jan, 2022

Data

Company Financials +
ICGT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

ICGT Stock Overview

ICG Enterprise Trust PLC specializes in direct and fund of funds investments.

Price History & Performance

Summary of all time highs, changes and price drops for ICG Enterprise Trust
Historical stock prices
Current Share PriceUK£12.60
52 Week HighUK£13.14
52 Week LowUK£9.32
Beta0.89
1 Month Change-0.79%
3 Month Change8.06%
1 Year Change35.19%
3 Year Change54.98%
5 Year Change81.30%
Change since IPO4,100.00%

Recent News & Updates

Shareholder Returns

ICGTGB Capital MarketsGB Market
7D-0.5%-1.4%-1.0%
1Y35.2%-3.0%8.3%

Return vs Industry: ICGT exceeded the UK Capital Markets industry which returned -3% over the past year.

Return vs Market: ICGT exceeded the UK Market which returned 8.3% over the past year.

Price Volatility

Is ICGT's price volatile compared to industry and market?
ICGT volatility
ICGT Average Weekly Movement2.8%
Capital Markets Industry Average Movement4.1%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

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

Volatility Over Time: ICGT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981n/aChristophe Evainhttps://www.icg-enterprise.co.uk

ICG Enterprise Trust PLC specializes in direct and fund of funds investments. The fund does not make venture capital investments in startups or early stage funds. The fund also provides growth capital.

ICG Enterprise Trust Fundamentals Summary

How do ICG Enterprise Trust's earnings and revenue compare to its market cap?
ICGT fundamental statistics
Market CapUK£863.31m
Earnings (TTM)UK£287.76m
Revenue (TTM)UK£305.40m

3.0x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ICGT income statement (TTM)
RevenueUK£305.40m
Cost of RevenueUK£0
Gross ProfitUK£305.40m
ExpensesUK£17.65m
EarningsUK£287.76m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)4.20
Gross Margin100.00%
Net Profit Margin94.22%
Debt/Equity Ratio0.0%

How did ICGT perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

6%

Payout Ratio

Valuation

Is ICG Enterprise Trust undervalued compared to its fair value and its price relative to the market?

31.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ICGT (£12.6) is trading below our estimate of fair value (£18.49)

Significantly Below Fair Value: ICGT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ICGT is good value based on its PE Ratio (3x) compared to the UK Capital Markets industry average (11x).

PE vs Market: ICGT is good value based on its PE Ratio (3x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ICGT is good value based on its PB Ratio (0.8x) compared to the GB Capital Markets industry average (1.6x).

Future Growth

How is ICG Enterprise Trust forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-148.9%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ICGT's forecast earnings growth is above the savings rate (0.9%).

Earnings vs Market: Insufficient data to determine if ICGT's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ICGT's revenue is expected to decline over the next 3 years (-148.9% per year).

High Growth Revenue: ICGT's revenue is forecast to decline over the next 3 years (-148.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ICGT's Return on Equity is forecast to be high in 3 years time

Past Performance

How has ICG Enterprise Trust performed over the past 5 years?

14.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ICGT has a high level of non-cash earnings.

Growing Profit Margin: ICGT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ICGT's earnings have grown by 14.1% per year over the past 5 years.

Accelerating Growth: ICGT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ICGT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (66.7%).


Return on Equity

High ROE: ICGT's Return on Equity (27.6%) is considered high.

Financial Health

How is ICG Enterprise Trust's financial position?


Financial Position Analysis

Short Term Liabilities: ICGT's short term assets (£31.3M) exceed its short term liabilities (£5.2M).

Long Term Liabilities: ICGT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ICGT is debt free.

Reducing Debt: ICGT has not had any debt for past 5 years.

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

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


Balance Sheet

Dividend

What is ICG Enterprise Trust current dividend yield, its reliability and sustainability?

1.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ICGT's dividend (1.9%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: ICGT's dividend (1.9%) is low compared to the top 25% of dividend payers in the UK market (4.04%).


Stability and Growth of Payments

Stable Dividend: ICGT's dividend payments have been volatile in the past 10 years.

Growing Dividend: ICGT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.2%), ICGT'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?

7.1yrs

Average board tenure


CEO

Christophe Evain (59 yo)

15.67yrs

Tenure

Mr. Christophe Armel Evain serves as Independent Member of The Board Of Directors at Quilvest Capital Partners since joining the firm in July 2021. He serves as the senior advisor in Essling Capital. He al...


Board Members

Experienced Board: ICGT's board of directors are considered experienced (7.1 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

ICG Enterprise Trust PLC's employee growth, exchange listings and data sources


Key Information

  • Name: ICG Enterprise Trust PLC
  • Ticker: ICGT
  • Exchange: LSE
  • Founded: 1981
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: UK£863.315m
  • Shares outstanding: 68.52m
  • Website: https://www.icg-enterprise.co.uk

Location

  • ICG Enterprise Trust PLC
  • Procession House
  • 55 Ludgate Hill
  • London
  • Greater London
  • EC4M 7JW
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 21:14
End of Day Share Price2022/01/20 00:00
Earnings2021/07/31
Annual Earnings2021/01/31


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.