LSE:MIG4

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Executive Summary

Mobeus Income & Growth 4 VCT plc is a venture capital trust. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

0%

MIG4

-2.6%

GB Capital Markets

-1.9%

GB Market


1 Year Return

-12.8%

MIG4

-0.9%

GB Capital Markets

-16.2%

GB Market

Return vs Industry: MIG4 underperformed the UK Capital Markets industry which returned 0.1% over the past year.

Return vs Market: MIG4 exceeded the UK Market which returned -14.8% over the past year.


Shareholder returns

MIG4IndustryMarket
7 Day0%-2.6%-1.9%
30 Day0%-0.2%0.7%
90 Day10.8%-2.6%-4.8%
1 Year5.6%-12.8%2.5%-0.9%-13.0%-16.2%
3 Year29.2%-22.4%20.7%6.3%-9.4%-20.6%
5 Year50.6%-38.9%60.8%31.5%13.5%-12.0%

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

Valuation

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

32.03x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MIG4 (£0.62) is trading above our estimate of fair value (£0.54)

Significantly Below Fair Value: MIG4 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MIG4 is poor value based on its PE Ratio (32x) compared to the GB Capital Markets industry average (17.1x).

PE vs Market: MIG4 is poor value based on its PE Ratio (32x) compared to the UK market (18.2x).


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 (1x) compared to the GB Capital Markets industry average (1.3x).

Future Growth

How is Mobeus Income & Growth 4 VCT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

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.

Past Performance

How has Mobeus Income & Growth 4 VCT performed over the past 5 years?

1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MIG4 has high quality earnings.

Growing Profit Margin: MIG4's current net profit margins (43.5%) are lower than last year (77.5%).


Past Earnings Growth Analysis

Earnings Trend: MIG4's earnings have grown by 1.3% per year over the past 5 years.

Accelerating Growth: MIG4's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MIG4 had negative earnings growth (-75.7%) over the past year, making it difficult to compare to the Capital Markets industry average (0.9%).


Return on Equity

High ROE: MIG4's Return on Equity (2.6%) is considered low.

Financial Health

How is Mobeus Income & Growth 4 VCT's financial position?


Financial Position Analysis

Short Term Liabilities: MIG4's short term assets (£21.7M) exceed its short term liabilities (£446.7K).

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.


Balance Sheet

Dividend

What is Mobeus Income & Growth 4 VCT current dividend yield, its reliability and sustainability?

30.89%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MIG4's dividend (30.89%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: MIG4's dividend (30.89%) is in the top 25% of dividend payers in the UK market (5.32%)


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 (312.5%), 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.

Management

How experienced are the management team and are they aligned to shareholders interests?

10.1yrs

Average board tenure


CEO

Mobeus Income & Growth 4 VCT has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Graham Paterson
Director1.42yrsno data0.018%
£ 9.0k
Jonathan Cartwright
Non-Executive Directorno datano datano data
Helen Sinclair
Director17.67yrsUK£28.50k0.018%
£ 8.9k
Christopher Burke
Directorno datano data0.043%
£ 21.8k
Christopher Moore
Chairman10.08yrsUK£33.50k0.062%
£ 31.5k

10.1yrs

Average Tenure

67yo

Average Age

Experienced Board: MIG4's board of directors are seasoned and experienced ( 10.1 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 been diluted in the past year, with total shares outstanding growing by 25.4%.


Top Shareholders

Company Information

Mobeus Income & Growth 4 VCT plc's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Mobeus Income & Growth 4 VCT plc
  • 30 Haymarket
  • London
  • Greater London
  • SW1Y 4EX
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MIG4LSE (London Stock Exchange)YesOrdinary SharesGBGBPNov 2006

Biography

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 manageme ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 20:47
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
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.