Mobeus Income & Growth 4 VCT plc is a venture capital trust.
Share Price & News
How has Mobeus Income & Growth 4 VCT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MIG4 has not had significant price volatility in the past 3 months.
7 Day Return
GB Capital Markets
1 Year Return
GB Capital Markets
Return vs Industry: MIG4 underperformed the UK Capital Markets industry which returned 10.3% over the past year.
Return vs Market: MIG4 underperformed the UK Market which returned -12.4% over the past year.
Price Volatility Vs. Market
How volatile is Mobeus Income & Growth 4 VCT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Mobeus Income & Growth 4 VCT undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MIG4 (£0.56) is trading above our estimate of fair value (£0.5)
Significantly Below Fair Value: MIG4 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MIG4 is good value based on its PE Ratio (6.2x) compared to the Capital Markets industry average (15.3x).
PE vs Market: MIG4 is good value based on its PE Ratio (6.2x) compared to the UK market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MIG4's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MIG4 is good value based on its PB Ratio (0.7x) compared to the GB Capital Markets industry average (1.6x).
How is Mobeus Income & Growth 4 VCT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Mobeus Income & Growth 4 VCT 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.
How has Mobeus Income & Growth 4 VCT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MIG4 has high quality earnings.
Growing Profit Margin: MIG4's current net profit margins (77.8%) are higher than last year (47.1%).
Past Earnings Growth Analysis
Earnings Trend: MIG4's earnings have declined by -4.2% per year over the past 5 years.
Accelerating Growth: MIG4's earnings growth over the past year (302.4%) exceeds its 5-year average (-4.2% per year).
Earnings vs Industry: MIG4 earnings growth over the past year (302.4%) exceeded the Capital Markets industry 16.4%.
Return on Equity
High ROE: MIG4's Return on Equity (12.1%) is considered low.
How is Mobeus Income & Growth 4 VCT's financial position?
Financial Position Analysis
Short Term Liabilities: MIG4's short term assets (£11.7M) exceed its short term liabilities (£242.1K).
Long Term Liabilities: MIG4 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIG4 is debt free.
Reducing Debt: MIG4 has not had any debt for past 5 years.
Debt Coverage: MIG4 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MIG4 has no debt, therefore coverage of interest payments is not a concern.
What is Mobeus Income & Growth 4 VCT's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MIG4's dividend (34.23%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: MIG4's dividend (34.23%) is in the top 25% of dividend payers in the UK market (5.67%)
Stability and Growth of Payments
Stable Dividend: MIG4's dividend payments have been volatile in the past 10 years.
Growing Dividend: MIG4's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (212.2%), MIG4'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mobeus Income & Growth 4 VCT has no CEO, or we have no data on them.
|Independent||1yr||no data||no data|
|Independent Non-Executive Director||17.17yrs||UK£28.50k||0.018% £8.3k|
|Independent Non-Executive Chairman||9.58yrs||UK£33.50k||0.062% £29.2k|
Experienced Board: MIG4's board of directors are considered experienced (9.7 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.1%.
Mobeus Income & Growth 4 VCT plc's company bio, employee growth, exchange listings and data sources
- Name: Mobeus Income & Growth 4 VCT plc
- Ticker: MIG4
- Exchange: LSE
- Founded: 1999
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£46.956m
- Shares outstanding: 84.61m
- Website: https://www.mobeus.co.uk/investor-area/vct-investors/mobeus-income-growth-4-vct-plc
- Mobeus Income & Growth 4 VCT plc
- 30 Haymarket
- Greater London
- SW1Y 4EX
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MIG4||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Nov 2006|
Mobeus Income & Growth 4 VCT plc is a venture capital trust. The fund prefers to invest in media & entertainment, commercial & professional services and information technology. The fund invests in management buyouts in small to medium sized unquoted companies based in the United Kingdom. The fund prefer to invest in majority stakes. The fund structures its investments as part equity and part loan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 22:03|
|End of Day Share Price||2020/05/29 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.