LSE:NAS

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North Atlantic Smaller Companies Investment Trust

Executive Summary

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

Rewards


Snowflake Analysis

Share Price & News

How has North Atlantic Smaller Companies Investment Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

Volatility Over Time: NAS's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

1.0%

NAS

-5.6%

GB Capital Markets

1.2%

GB Market


1 Year Return

23.6%

NAS

11.2%

GB Capital Markets

4.6%

GB Market

Return vs Industry: NAS exceeded the UK Capital Markets industry which returned 11.2% over the past year.

Return vs Market: NAS exceeded the UK Market which returned 4.6% over the past year.


Shareholder returns

NASIndustryMarket
7 Day1.0%-5.6%1.2%
30 Day0.5%-6.6%0.9%
90 Day14.3%0.06%2.4%
1 Year24.8%23.6%14.8%11.2%10.6%4.6%
3 Year42.7%40.0%39.5%23.7%8.6%-4.5%
5 Year68.7%65.5%99.0%65.5%39.5%12.5%

Long-Term Price Volatility Vs. Market

How volatile is North Atlantic Smaller Companies Investment Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

28.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NAS (£39.05) is trading below our estimate of fair value (£54.83)

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


Price To Earnings Ratio

PE vs Industry: NAS is unprofitable, so we can't compare its PE Ratio to the GB Capital Markets industry average.

PE vs Market: NAS is unprofitable, so we can't compare its PE Ratio to the UK market.


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 (1x) compared to the GB Capital Markets industry average (1.6x).

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?

24.8%

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 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?

-4.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NAS is currently unprofitable.

Growing Profit Margin: NAS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NAS is unprofitable, and losses have increased over the past 5 years at a rate of 4.5% per year.

Accelerating Growth: Unable to compare NAS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NAS is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-1.9%).


Return on Equity

High ROE: NAS has a negative Return on Equity (-2.96%), as it is currently unprofitable.

Financial Health

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


Financial Position Analysis

Short Term Liabilities: NAS's short term assets (£24.2M) exceed its short term liabilities (£516.0K).

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?

0.77%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NAS's dividend (0.77%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.49%).

High Dividend: NAS's dividend (0.77%) is low compared to the top 25% of dividend payers in the UK market (4.51%).


Stability and Growth of Payments

Stable Dividend: NAS is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.

Growing Dividend: NAS is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NAS's dividend in 3 years as they are not forecast to pay a notable one for the UK market.

Management

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

19.9yrs

Average board tenure


CEO

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


Board Members

NamePositionTenureCompensationOwnership
George Loewenbaum
Non-Executive Directorno datano data0.11%
£ 585.7k
Kristian Siem
Non Executive Director19.92yrsUK£25.00kno data
Enrique Gittes
Non Executive Director28.67yrsUK£25.00kno data
Peregrine David Euan Moncreiffe
Non Executive Chairman11.75yrsno data3.15%
£ 17.2m

19.9yrs

Average Tenure

73yo

Average Age

Experienced Board: NAS's board of directors are seasoned and experienced ( 19.9 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 company bio, 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NASLSE (London Stock Exchange)YesOrdinary SharesGBGBPNov 1993
NAJS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 1993
NASlBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPNov 1993

Biography

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 stoc...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 20:34
End of Day Share Price2021/03/05 00:00
Earnings2020/07/31
Annual Earnings2020/01/31


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.