Investment
Market Cap
UK£13.0m
Last Updated
2020/05/31 21:22 UTC
Data Sources
Company Financials
Executive Summary
The Investment Company plc is a closed-ended balanced fund launched and managed Fiske Plc.
Rewards
Snowflake Analysis
Share Price & News
How has Investment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INV has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.4%
INV
-1.2%
GB Capital Markets
2.0%
GB Market
1 Year Return
-9.3%
INV
9.7%
GB Capital Markets
-12.8%
GB Market
Return vs Industry: INV underperformed the UK Capital Markets industry which returned 9.7% over the past year.
Return vs Market: INV exceeded the UK Market which returned -12.5% over the past year.
Shareholder returns
| INV | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | -1.2% | 2.0% |
| 30 Day | 1.9% | 8.4% | 5.7% |
| 90 Day | -17.8% | 1.2% | -8.2% |
| 1 Year | -5.7%-9.3% | 12.2%9.7% | -8.6%-12.8% |
| 3 Year | -4.0%-18.1% | 57.2%46.0% | -6.2%-17.6% |
| 5 Year | -1.2%-25.2% | 127.6%102.2% | 12.7%-12.5% |
Price Volatility Vs. Market
How volatile is Investment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Investment undervalued compared to its fair value and its price relative to the market?
25.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: INV (£2.73) is trading below our estimate of fair value (£3.65)
Significantly Below Fair Value: INV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: INV is good value based on its PE Ratio (4.4x) compared to the Capital Markets industry average (15.4x).
PE vs Market: INV is good value based on its PE Ratio (4.4x) compared to the UK market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate INV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INV is good value based on its PB Ratio (0.7x) compared to the GB Capital Markets industry average (1.6x).
Future Growth
How is Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.1%
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 Investment 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 Investment performed over the past 5 years?
3.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INV has high quality earnings.
Growing Profit Margin: INV became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: INV's earnings have grown by 3.6% per year over the past 5 years.
Accelerating Growth: INV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: INV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (16.4%).
Return on Equity
High ROE: INV's Return on Equity (16.7%) is considered low.
Financial Health
How is Investment's financial position?
Financial Position Analysis
Short Term Liabilities: INV's short term assets (£1.4M) exceed its short term liabilities (£112.6K).
Long Term Liabilities: INV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: INV is debt free.
Reducing Debt: INV has no debt compared to 5 years ago when its debt to equity ratio was 2%.
Debt Coverage: INV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: INV has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Investment's current dividend yield, its reliability and sustainability?
4.49%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: INV's dividend (4.49%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: INV's dividend (4.49%) is low compared to the top 25% of dividend payers in the UK market (5.68%).
Stability and Growth of Payments
Stable Dividend: INV's dividend payments have been volatile in the past 10 years.
Growing Dividend: INV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24%), INV's dividend payments are well 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?
24.3yrs
Average board tenure
CEO
Investment has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15yrs | UK£14.50k | 1.19% £155.6k | |
| Non Executive Director | 29.33yrs | UK£14.50k | no data | |
| Non Executive Director | 24.33yrs | UK£14.50k | 0.42% £54.6k | |
| Senior Independent Director | no data | UK£14.50k | 0.15% £19.5k | |
| Non-executive Director | no data | no data | 0.32% £42.3k |
24.3yrs
Average Tenure
69yo
Average Age
Experienced Board: INV's board of directors are seasoned and experienced ( 24.3 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
The Investment Company plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Investment Company plc
- Ticker: INV
- Exchange: LSE
- Founded:
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£13.028m
- Shares outstanding: 4.77m
- Website: https://www.mitongroup.com/index.php/private-investors/funds/investment-trusts/income/the-investment-company/#
Number of Employees
Location
- The Investment Company plc
- Salisbury House
- London Wall
- London
- EC2M 5QS
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| INV | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Aug 1996 |
Biography
The Investment Company plc is a closed-ended balanced fund launched and managed Fiske Plc. The fund invests in the public equity and fixed income markets across the United Kingdom. It primarily invests in a portfolio of equities, preference shares, loans, stocks, and long-term debentures. The Investment Co. plc was formed in 1868 and is domiciled in the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/31 21:22 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.