LSE:MAV4

Stock Analysis Report

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Executive Summary

Maven Income and Growth VCT 4 PLC is a venture capital trust fund specializes in mature and later stage.

Rewards


Snowflake Analysis

Share Price & News

How has Maven Income and Growth VCT 4's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MAV4 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

MAV4

-1.2%

GB Capital Markets

2.0%

GB Market


1 Year Return

-7.7%

MAV4

9.7%

GB Capital Markets

-12.8%

GB Market

Return vs Industry: MAV4 underperformed the UK Capital Markets industry which returned 9.7% over the past year.

Return vs Market: MAV4 exceeded the UK Market which returned -12.5% over the past year.


Shareholder returns

MAV4IndustryMarket
7 Day0%-1.2%2.0%
30 Day0%8.4%5.7%
90 Day-9.1%1.2%-8.2%
1 Year-1.6%-7.7%12.2%9.7%-8.6%-12.8%
3 Year5.3%-30.6%57.2%46.0%-6.2%-17.6%
5 Year23.0%-28.1%127.6%102.2%12.7%-12.5%

Price Volatility Vs. Market

How volatile is Maven Income and Growth VCT 4's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Maven Income and Growth VCT 4 undervalued compared to its fair value and its price relative to the market?

39.26x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MAV4 (£0.6) is trading above our estimate of fair value (£0.11)

Significantly Below Fair Value: MAV4 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MAV4 is poor value based on its PE Ratio (39.3x) compared to the Capital Markets industry average (15.4x).

PE vs Market: MAV4 is poor value based on its PE Ratio (39.3x) compared to the UK market (14.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MAV4's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MAV4 is good value based on its PB Ratio (0.8x) compared to the GB Capital Markets industry average (1.6x).

Future Growth

How is Maven Income and Growth VCT 4 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 Maven Income and Growth VCT 4 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 Maven Income and Growth VCT 4 performed over the past 5 years?

-19.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MAV4 has high quality earnings.

Growing Profit Margin: MAV4's current net profit margins (38.1%) are higher than last year (20%).


Past Earnings Growth Analysis

Earnings Trend: MAV4's earnings have declined by -19.4% per year over the past 5 years.

Accelerating Growth: MAV4's earnings growth over the past year (225.5%) exceeds its 5-year average (-19.4% per year).

Earnings vs Industry: MAV4 earnings growth over the past year (225.5%) exceeded the Capital Markets industry 16.4%.


Return on Equity

High ROE: MAV4's Return on Equity (1.6%) is considered low.

Financial Health

How is Maven Income and Growth VCT 4's financial position?


Financial Position Analysis

Short Term Liabilities: MAV4's short term assets (£19.1M) exceed its short term liabilities (£175.0K).

Long Term Liabilities: MAV4 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MAV4 is debt free.

Reducing Debt: MAV4 has not had any debt for past 5 years.

Debt Coverage: MAV4 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MAV4 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Dividend

What is Maven Income and Growth VCT 4's current dividend yield, its reliability and sustainability?

6.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MAV4's dividend (6.67%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).

High Dividend: MAV4's dividend (6.67%) is in the top 25% of dividend payers in the UK market (5.68%)


Stability and Growth of Payments

Stable Dividend: MAV4's dividend payments have been volatile in the past 10 years.

Growing Dividend: MAV4's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (261.7%), MAV4's dividend payments are not 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?

15.6yrs

Average board tenure


CEO

Maven Income and Growth VCT 4 has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Steven Scott
Independent Non-Executive Director15.58yrsUK£12.00k0.18% £121.7k
William Nixon
Director11.75yrsUK£12.00k0.47% £316.7k
Andrew Lapping
Independent Non-Executive Director15.58yrsUK£12.00kno data
Peter Linthwaite
Non-executive Director1.42yrsno datano data
Ian Cormack
Chairman & Independent Director15.58yrsUK£15.00kno data
David Roger Potter
Independent Non-Executive Director6.83yrsUK£10.23kno data
Malcolm Graham-Wood
Independent Non-Executive Director15.58yrsUK£12.00kno data

15.6yrs

Average Tenure

61yo

Average Age

Experienced Board: MAV4's board of directors are seasoned and experienced ( 15.6 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 47.8%.


Top Shareholders

Company Information

Maven Income and Growth VCT 4 PLC's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Maven Income and Growth VCT 4 PLC
  • Kintyre House
  • 205 West George Street
  • Glasgow
  • Lanarkshire
  • G2 2LW
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAV4LSE (London Stock Exchange)YesOrdinary SharesGBGBPApr 2005

Biography

Maven Income and Growth VCT 4 PLC is a venture capital trust fund specializes in mature and later stage. It seeks to invest in mature small and medium sized companies operating in a range of sectors and AIM/ISDX quoted companies. The fund invests in the United Kingdom. It does not invest more than £1 million ($1.2 million) in its companies within one year. It seeks a majority stake in the companies. The fund seeks to make co-investments. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 20:44
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.