Mobeus Income & Growth VCT Plc is a venture capital trust which specializes in investments in mature stage investments in unquoted companies.
Share Price & News
How has Mobeus Income & Growth VCT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MIX 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: MIX underperformed the UK Capital Markets industry which returned 9.7% over the past year.
Return vs Market: MIX underperformed the UK Market which returned -12.5% over the past year.
Price Volatility Vs. Market
How volatile is Mobeus Income & Growth 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 VCT undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MIX (£0.5) is trading below our estimate of fair value (£0.52)
Significantly Below Fair Value: MIX is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MIX is good value based on its PE Ratio (5.3x) compared to the Capital Markets industry average (15.4x).
PE vs Market: MIX is good value based on its PE Ratio (5.3x) compared to the UK market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MIX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MIX 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 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 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 VCT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MIX has high quality earnings.
Growing Profit Margin: MIX's current net profit margins (82.5%) are higher than last year (65%).
Past Earnings Growth Analysis
Earnings Trend: MIX's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: MIX's earnings growth over the past year (158.6%) exceeds its 5-year average (4% per year).
Earnings vs Industry: MIX earnings growth over the past year (158.6%) exceeded the Capital Markets industry 16.4%.
Return on Equity
High ROE: MIX's Return on Equity (13.8%) is considered low.
How is Mobeus Income & Growth VCT's financial position?
Financial Position Analysis
Short Term Liabilities: MIX's short term assets (£20.4M) exceed its short term liabilities (£216.1K).
Long Term Liabilities: MIX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIX is debt free.
Reducing Debt: MIX has not had any debt for past 5 years.
Debt Coverage: MIX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MIX has no debt, therefore coverage of interest payments is not a concern.
What is Mobeus Income & Growth VCT's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MIX's dividend (24.12%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: MIX's dividend (24.12%) is in the top 25% of dividend payers in the UK market (5.68%)
Stability and Growth of Payments
Stable Dividend: MIX's dividend payments have been volatile in the past 10 years.
Growing Dividend: MIX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (106.8%), MIX'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 VCT has no CEO, or we have no data on them.
|Independent Non-Executive Director||5.83yrs||no data||0.042% £26.6k|
|Independent Chairman||15.83yrs||UK£36.00k||no data|
|Senior Independent Non-Executive Director||no data||UK£33.75k||no data|
|Independent Director||15.83yrs||UK£27.00k||0.16% £101.8k|
|Independent Chairman||no data||no data||0.065% £40.8k|
Experienced Board: MIX's board of directors are seasoned and experienced ( 15.8 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 20.2%.
Mobeus Income & Growth VCT Plc's company bio, employee growth, exchange listings and data sources
- Name: Mobeus Income & Growth VCT Plc
- Ticker: MIX
- Exchange: LSE
- Founded: 2004
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£63.185m
- Shares outstanding: 127.00m
- Website: https://investors.mobeus.co.uk/vct-investors/mobeus-income-and-growth-vct
- Mobeus Income & Growth VCT Plc
- 30 Haymarket
- Greater London
- SW1Y 4EX
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MIX||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Oct 2004|
Mobeus Income & Growth VCT Plc is a venture capital trust which specializes in investments in mature stage investments in unquoted companies. However, it can co-invest in larger mature unquoted companies. The fund seeks to invest in companies based in the United Kingdom. It initially invests from £0.02 million ($0.03 million) to £1 million ($1.56 million) in its portfolio companies. The fund structures its investments as part equity and part loan. It invests in companies having not more than £15 million ($23.33 million) of gross assets at the time of investment.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 20:51|
|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.