LSE:ICGT

Stock Analysis Report

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Executive Summary

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

Rewards


Snowflake Analysis

Share Price & News

How has ICG Enterprise Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-4.0%

ICGT

-0.9%

GB Capital Markets

-0.8%

GB Market


1 Year Return

6.9%

ICGT

9.6%

GB Capital Markets

-3.7%

GB Market

Return vs Industry: ICGT underperformed the UK Capital Markets industry which returned 8.7% over the past year.

Return vs Market: ICGT exceeded the UK Market which returned -2% over the past year.


Shareholder returns

ICGTIndustryMarket
7 Day-4.0%-0.9%-0.8%
30 Day7.1%3.6%0.9%
90 Day9.7%14.3%6.6%
1 Year9.8%6.9%13.1%9.6%2.1%-3.7%
3 Year31.7%22.0%48.7%31.9%9.6%-3.5%
5 Year120.7%92.9%117.0%80.6%41.7%14.3%

Long-Term Price Volatility Vs. Market

How volatile is ICG Enterprise Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

33.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ICGT (£9.98) is trading below our estimate of fair value (£14.89)

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


Price To Earnings Ratio

PE vs Industry: ICGT is unprofitable, so we can't compare its PE Ratio to the GB Capital Markets industry average.

PE vs Market: ICGT is unprofitable, so we can't compare its PE Ratio to the UK market.


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 (0.9x) 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?

101.2%

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 (1%).

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 (101.2% per year) is forecast to grow faster than the UK market (7% per year).

High Growth Revenue: ICGT's revenue (101.2% per year) is forecast to grow faster than 20% 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?

1.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ICGT is currently unprofitable.

Growing Profit Margin: ICGT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ICGT is unprofitable, but has reduced losses over the past 5 years at a rate of 1.5% per year.

Accelerating Growth: Unable to compare ICGT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ICGT is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-0.9%).


Return on Equity

High ROE: ICGT has a negative Return on Equity (-2.38%), as it is currently unprofitable.

Financial Health

How is ICG Enterprise Trust's financial position?


Financial Position Analysis

Short Term Liabilities: ICGT's short term assets (£39.8M) exceed its short term liabilities (£2.4M).

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?

2.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ICGT's dividend (2.3%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).

High Dividend: ICGT's dividend (2.3%) is low compared to the top 25% of dividend payers in the UK market (4.52%).


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: ICGT is paying a dividend but the company is unprofitable.


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?

6.6yrs

Average board tenure


CEO

Christophe Evain (58 yo)

10.92yrs

Tenure

Mr. Christophe Armel Evain serves as the senior advisor in Essling Capital. He also serves as an Independent Non-Executive Director at Land Securities Group Plc since April 01, 2019. Mr. Evain served as th...


Board Members

NamePositionTenureCompensationOwnership
Alastair Bruce
Non-Executive Directorno datano data0.022%
£ 148.5k
Sandra Pajarola
Non Executive Directorno dataUK£27.00k0.0087%
£ 59.4k
Andrew Pomfret
Non Executive Director9.92yrsUK£35.00kno data
Jeremy Tigue
Chairman3.67yrsUK£35.00kno data
Lucinda Riches
Non-Executive Director9.58yrsUK£35.00k0.029%
£ 198.0k
Rosina Tufnell
Non-Executive Director1.83yrsno data0.015%
£ 99.0k

6.6yrs

Average Tenure

57yo

Average Age

Experienced Board: ICGT's board of directors are considered experienced (6.6 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 company bio, 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
  • Market Cap: UK£680.794m
  • Shares outstanding: 68.77m
  • 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

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

Biography

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. In ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/24 18:42
End of Day Share Price2021/02/24 00:00
Earnings2020/07/31
Annual Earnings2020/01/31


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.