III Stock Overview
3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins.
3i Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£11.53|
|52 Week High||UK£15.08|
|52 Week Low||UK£10.42|
|1 Month Change||-1.54%|
|3 Month Change||2.35%|
|1 Year Change||-8.89%|
|3 Year Change||7.16%|
|5 Year Change||21.96%|
|Change since IPO||166.72%|
Recent News & Updates
|III||GB Capital Markets||GB Market|
Return vs Industry: III exceeded the UK Capital Markets industry which returned -20.9% over the past year.
Return vs Market: III exceeded the UK Market which returned -15.2% over the past year.
|III Average Weekly Movement||4.5%|
|Capital Markets Industry Average Movement||4.1%|
|Market Average Movement||5.5%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.9%|
Stable Share Price: III is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: III's weekly volatility (4%) has been stable over the past year.
About the Company
3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.
3i Group Fundamentals Summary
|III fundamental statistics|
Is III overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|III income statement (TTM)|
|Cost of Revenue||UK£0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||4.17|
|Net Profit Margin||95.55%|
How did III perform over the long term?See historical performance and comparison
4.0%Current Dividend Yield
Is III undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for III?
Other financial metrics that can be useful for relative valuation.
|What is III's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does III's PE Ratio compare to its peers?
|III PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ICP Intermediate Capital Group
HL. Hargreaves Lansdown
STJ St. James's Place
III 3i Group
Price-To-Earnings vs Peers: III is good value based on its Price-To-Earnings Ratio (2.6x) compared to the peer average (12.6x).
Price to Earnings Ratio vs Industry
How does III's PE Ratio compare vs other companies in the GB Capital Markets Industry?
Price-To-Earnings vs Industry: III is good value based on its Price-To-Earnings Ratio (2.6x) compared to the UK Capital Markets industry average (11.7x)
Price to Earnings Ratio vs Fair Ratio
What is III's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||2.8x|
|Fair PE Ratio||14.9x|
Price-To-Earnings vs Fair Ratio: III is good value based on its Price-To-Earnings Ratio (2.6x) compared to the estimated Fair Price-To-Earnings Ratio (14.8x).
Share Price vs Fair Value
What is the Fair Price of III when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: III (£10.99) is trading below our estimate of fair value (£55.56)
Significantly Below Fair Value: III is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is 3i Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: III's earnings are forecast to decline over the next 3 years (-13.1% per year).
Earnings vs Market: III's earnings are forecast to decline over the next 3 years (-13.1% per year).
High Growth Earnings: III's earnings are forecast to decline over the next 3 years.
Revenue vs Market: III's revenue is expected to decline over the next 3 years (-5.8% per year).
High Growth Revenue: III's revenue is forecast to decline over the next 3 years (-5.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: III's Return on Equity is forecast to be low in 3 years time (15.5%).
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How has 3i Group performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: III has a high level of non-cash earnings.
Growing Profit Margin: III's current net profit margins (95.5%) are higher than last year (91.8%).
Past Earnings Growth Analysis
Earnings Trend: III's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: III's earnings growth over the past year (116.6%) exceeds its 5-year average (18.4% per year).
Earnings vs Industry: III earnings growth over the past year (116.6%) exceeded the Capital Markets industry 15.4%.
Return on Equity
High ROE: III's Return on Equity (31.5%) is considered high.
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How is 3i Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: III's short term assets (£396.0M) exceed its short term liabilities (£338.0M).
Long Term Liabilities: III's short term assets (£396.0M) do not cover its long term liabilities (£1.8B).
Debt to Equity History and Analysis
Debt Level: III's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: III's debt to equity ratio has reduced from 9.8% to 7.6% over the past 5 years.
Debt Coverage: III's debt is well covered by operating cash flow (51.3%).
Interest Coverage: III's interest payments on its debt are well covered by EBIT (76.6x coverage).
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What is 3i Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|3i Group Dividend Yield vs Market|
|Company (3i Group)||4.0%|
|Market Bottom 25% (GB)||2.1%|
|Market Top 25% (GB)||6.0%|
|Industry Average (Capital Markets)||3.7%|
|Analyst forecast in 3 Years (3i Group)||4.9%|
Notable Dividend: III's dividend (4.23%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: III's dividend (4.23%) is low compared to the top 25% of dividend payers in the UK market (6.08%).
Stability and Growth of Payments
Stable Dividend: III's dividend payments have been volatile in the past 10 years.
Growing Dividend: III's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.2%), III's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.6%), III's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Simon Borrows (63 yo)
Mr. Simon A. Borrows serves as the Chief Executive Officer of 3i Group plc since May 17, 2012 and also has been its Executive Director since October 2011. He joined 3i Group as the Chief Investment Officer...
CEO Compensation Analysis
|Simon Borrows's Compensation vs 3i Group Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Mar 31 2022||UK£7m||UK£661k|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||UK£5m||UK£647k|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||UK£4m||UK£645k|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||UK£8m||UK£633k|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||UK£7m||UK£615k|
|Dec 31 2017||n/a||n/a|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||UK£8m||UK£597k|
|Dec 31 2016||n/a||n/a|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||UK£6m||UK£579k|
Compensation vs Market: Simon's total compensation ($USD7.61M) is above average for companies of similar size in the UK market ($USD5.16M).
Compensation vs Earnings: Simon's compensation has increased by more than 20% in the past year.
Experienced Management: III's management team is seasoned and experienced (7.1 years average tenure).
Experienced Board: III's board of directors are considered experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: III insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|08 Aug 22||BuyUK£15,621||Peter McKellar||Individual||1,256||UK£12.44|
|08 Aug 22||BuyUK£72,943||David A. Hutchison||Individual||5,865||UK£12.44|
|08 Aug 22||BuyUK£15,621||Lesley Mary Knox||Individual||1,256||UK£12.44|
|08 Aug 22||BuyUK£15,621||Coline McConville||Individual||1,256||UK£12.44|
|08 Aug 22||BuyUK£15,621||Caroline Banszky||Individual||1,256||UK£12.44|
|08 Aug 22||BuyUK£15,621||Stephen Daintith||Individual||1,256||UK£12.44|
|08 Aug 22||BuyUK£15,621||Alexandra Elisabeth Johanna Schaapveld||Individual||1,256||UK£12.44|
|30 Jun 22||BuyUK£98,412||Stephen Daintith||Individual||8,850||UK£11.12|
|29 Nov 21||BuyUK£21,078||David A. Hutchison||Individual||1,509||UK£13.97|
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||1,563,851||0.2%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
3i Group plc's employee growth, exchange listings and data sources
- Name: 3i Group plc
- Ticker: III
- Exchange: LSE
- Founded: 1945
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£10.579b
- Shares outstanding: 963.07m
- Website: https://www.3i.com
Number of Employees
- 3i Group plc
- 16 Palace Street
- Greater London
- SW1E 5JD
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TGOP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 1994|
|III||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jul 1994|
|IGQ5||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 1994|
|IIIL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jul 1994|
|III N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Jul 1994|
|TGOP.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Oct 2008|
|IGQ||DB (Deutsche Boerse AG)||UNSPONSORD ADR||DE||EUR||Oct 2008|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/10/04 00:00|
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.