company background image
NAS

North Atlantic Smaller Companies Investment Trust LSE:NAS Stock Report

Last Price

UK£38.00

Market Cap

UK£530.0m

7D

-3.6%

1Y

-3.8%

Updated

06 May, 2022

Data

Company Financials
NAS fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

NAS Stock Overview

North Atlantic Smaller Companies Investment Trust PLC is an open-end equity mutual fund launched and managed by Harwood Capital LLP.

Price History & Performance

Summary of all time highs, changes and price drops for North Atlantic Smaller Companies Investment Trust
Historical stock prices
Current Share PriceUK£38.00
52 Week HighUK£51.20
52 Week LowUK£36.03
Beta0.85
1 Month Change-4.52%
3 Month Change-11.22%
1 Year Change-3.80%
3 Year Change27.09%
5 Year Change37.68%
Change since IPO1,744.66%

Recent News & Updates

Shareholder Returns

NASGB Capital MarketsGB Market
7D-3.6%-3.0%-0.7%
1Y-3.8%-9.2%-2.9%

Return vs Industry: NAS exceeded the UK Capital Markets industry which returned -9.2% over the past year.

Return vs Market: NAS matched the UK Market which returned -2.9% over the past year.

Price Volatility

Is NAS's price volatile compared to industry and market?
NAS volatility
NAS Average Weekly Movement4.4%
Capital Markets Industry Average Movement4.6%
Market Average Movement6.1%
10% most volatile stocks in GB Market11.7%
10% least volatile stocks in GB Market3.0%

Stable Share Price: NAS is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: NAS's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1973n/an/ahttps://www.harwoodcapital.co.uk/fund/north-atlantic-smaller-companies-investment-trust-plc

North Atlantic Smaller Companies Investment Trust PLC is an open-end equity mutual fund launched and managed by Harwood Capital LLP. It invests in public equity markets of global region. It invests in stocks of companies operating across diversified sectors.

North Atlantic Smaller Companies Investment Trust Fundamentals Summary

How do North Atlantic Smaller Companies Investment Trust's earnings and revenue compare to its market cap?
NAS fundamental statistics
Market CapUK£530.05m
Earnings (TTM)UK£326.28m
Revenue (TTM)UK£338.90m

1.6x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NAS income statement (TTM)
RevenueUK£338.90m
Cost of RevenueUK£0
Gross ProfitUK£338.90m
Other ExpensesUK£12.61m
EarningsUK£326.28m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)23.88
Gross Margin100.00%
Net Profit Margin96.28%
Debt/Equity Ratio0.0%

How did NAS perform over the long term?

See historical performance and comparison

Valuation

Is North Atlantic Smaller Companies Investment Trust undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: NAS (£38) is trading below our estimate of fair value (£91.5)

Significantly Below Fair Value: NAS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NAS is good value based on its PE Ratio (1.6x) compared to the UK Capital Markets industry average (9.8x).

PE vs Market: NAS is good value based on its PE Ratio (1.6x) compared to the UK market (15.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NAS is good value based on its PB Ratio (0.6x) compared to the GB Capital Markets industry average (1.2x).

Future Growth

How is North Atlantic Smaller Companies Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.3%

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 North Atlantic Smaller Companies Investment 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 North Atlantic Smaller Companies Investment Trust performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


32.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NAS has a high level of non-cash earnings.

Growing Profit Margin: NAS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NAS's earnings have grown significantly by 32.5% per year over the past 5 years.

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

Earnings vs Industry: NAS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (76.9%).


Return on Equity

High ROE: NAS's Return on Equity (37.1%) is considered high.

Financial Health

How is North Atlantic Smaller Companies Investment Trust's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NAS's short term assets (£13.1M) exceed its short term liabilities (£568.0K).

Long Term Liabilities: NAS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NAS is debt free.

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

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

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


Balance Sheet

Dividend

What is North Atlantic Smaller Companies Investment Trust current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate NAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NAS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NAS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NAS's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: NAS is not paying a notable dividend for the UK market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as NAS has not reported any payouts.

Management

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

21.1yrs

Average board tenure


CEO

North Atlantic Smaller Companies Investment Trust has no CEO, or we have no data on them.


Board Members

Experienced Board: NAS's board of directors are seasoned and experienced ( 21.1 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

North Atlantic Smaller Companies Investment Trust PLC's employee growth, exchange listings and data sources


Key Information


Location

  • North Atlantic Smaller Companies Investment Trust PLC
  • 6 Stratton Street
  • Mayfair
  • London
  • Greater London
  • W1J 8LD
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/06 00:00
End of Day Share Price2022/05/06 00:00
Earnings2021/07/31
Annual Earnings2021/01/31


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.