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MUT

Murray Income TrustLSE:MUT Stock Report

Last Price

UK£9.15

Market Cap

UK£1.1b

7D

0.8%

1Y

11.3%

Updated

17 Jan, 2022

Data

Company Financials
MUT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends3/6

MUT Stock Overview

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited.

Price History & Performance

Summary of all time highs, changes and price drops for Murray Income Trust
Historical stock prices
Current Share PriceUK£9.15
52 Week HighUK£9.60
52 Week LowUK£7.96
Beta0.81
1 Month Change1.67%
3 Month Change3.04%
1 Year Change11.31%
3 Year Change21.68%
5 Year Change26.47%
Change since IPO267.47%

Recent News & Updates

Shareholder Returns

MUTGB Capital MarketsGB Market
7D0.8%-0.7%-0.5%
1Y11.3%-1.9%8.7%

Return vs Industry: MUT exceeded the UK Capital Markets industry which returned -1.9% over the past year.

Return vs Market: MUT exceeded the UK Market which returned 8.7% over the past year.

Price Volatility

Is MUT's price volatile compared to industry and market?
MUT volatility
MUT Average Weekly Movement2.3%
Capital Markets Industry Average Movement4.1%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.4%

Stable Share Price: MUT is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: MUT's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1923n/an/ahttps://www.murray-income.co.uk/itmurrayincome/

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of the United Kingdom.

Murray Income Trust Fundamentals Summary

How do Murray Income Trust's earnings and revenue compare to its market cap?
MUT fundamental statistics
Market CapUK£1.05b
Earnings (TTM)UK£161.22m
Revenue (TTM)UK£167.13m

6.6x

P/E Ratio

6.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MUT income statement (TTM)
RevenueUK£167.13m
Cost of RevenueUK£0
Gross ProfitUK£167.13m
ExpensesUK£5.92m
EarningsUK£161.22m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.38
Gross Margin100.00%
Net Profit Margin96.46%
Debt/Equity Ratio10.8%

How did MUT perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

21%

Payout Ratio

Does MUT pay a reliable dividends?

See MUT dividend history and benchmarks
When do you need to buy MUT by to receive an upcoming dividend?
Murray Income Trust dividend dates
Ex Dividend DateFeb 17 2022
Dividend Pay DateMar 17 2022
Days until Ex dividend30 days
Days until Dividend pay date58 days

Does MUT pay a reliable dividends?

See MUT dividend history and benchmarks

Valuation

Is Murray Income Trust undervalued compared to its fair value and its price relative to the market?

6.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MUT (£9.15) is trading above our estimate of fair value (£4.88)

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


Price To Earnings Ratio

PE vs Industry: MUT is good value based on its PE Ratio (6.6x) compared to the UK Capital Markets industry average (11x).

PE vs Market: MUT is good value based on its PE Ratio (6.6x) compared to the UK market (19.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MUT is good value based on its PB Ratio (1x) compared to the GB Capital Markets industry average (1.6x).

Future Growth

How is Murray Income Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.8%

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 Murray Income Trust 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 Murray Income Trust performed over the past 5 years?

-3.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MUT has high quality earnings.

Growing Profit Margin: MUT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MUT's earnings have declined by 3.5% per year over the past 5 years.

Accelerating Growth: MUT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MUT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (66.7%).


Return on Equity

High ROE: MUT's Return on Equity (14.7%) is considered low.

Financial Health

How is Murray Income Trust's financial position?


Financial Position Analysis

Short Term Liabilities: MUT's short term assets (£12.8M) exceed its short term liabilities (£9.0M).

Long Term Liabilities: MUT's short term assets (£12.8M) do not cover its long term liabilities (£112.3M).


Debt to Equity History and Analysis

Debt Level: MUT's net debt to equity ratio (10.4%) is considered satisfactory.

Reducing Debt: MUT's debt to equity ratio has increased from 10.7% to 10.8% over the past 5 years.

Debt Coverage: MUT's debt is well covered by operating cash flow (21.6%).

Interest Coverage: MUT's interest payments on its debt are well covered by EBIT (57.8x coverage).


Balance Sheet

Dividend

What is Murray Income Trust current dividend yield, its reliability and sustainability?

3.77%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 17 2022Ex Dividend DateFeb 17 2022Dividend Pay DateMar 17 202228 days from Ex DividendBuy in the next 30 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: MUT's dividend (3.77%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: MUT's dividend (3.77%) is low compared to the top 25% of dividend payers in the UK market (4.05%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.9%), MUT'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?

9.3yrs

Average board tenure


CEO

Murray Income Trust has no CEO, or we have no data on them.


Board Members

Experienced Board: MUT's board of directors are considered experienced (9.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MUT insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Murray Income Trust PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Murray Income Trust PLC
  • Ticker: MUT
  • Exchange: LSE
  • Founded: 1923
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: UK£1.053b
  • Shares outstanding: 116.71m
  • Website: https://www.murray-income.co.uk/itmurrayincome/

Location

  • Murray Income Trust PLC
  • 10 Queens Terrace
  • Aberdeen
  • AB10 1YG
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 18:56
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.