LSE:NCA

Stock Analysis Report

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Executive Summary

New Century AIM VCT Plc is a venture capital trust specializing in long term capital growth through investment in unquoted companies and a diversified portfolio of Qualifying Companies primarily quoted on AIM. More Details

Rewards


Snowflake Analysis

Share Price & News

How has New Century AIM VCT's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-9.1%

NCA

-1.7%

GB Capital Markets

-2.3%

GB Market


1 Year Return

7.7%

NCA

15.5%

GB Capital Markets

1.1%

GB Market

Return vs Industry: NCA underperformed the UK Capital Markets industry which returned 13.6% over the past year.

Return vs Market: NCA exceeded the UK Market which returned -0.2% over the past year.


Shareholder returns

NCAIndustryMarket
7 Day-9.1%-1.7%-2.3%
30 Day-9.1%2.8%-0.1%
90 Day11.1%11.9%4.2%
1 Year10.3%7.7%19.2%15.5%7.1%1.1%
3 Year8.4%-4.1%50.7%33.5%9.7%-3.4%
5 Year25.3%0.7%111.8%76.1%36.9%10.5%

Long-Term Price Volatility Vs. Market

How volatile is New Century AIM VCT's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is New Century AIM VCT undervalued compared to its fair value and its price relative to the market?

8.63x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NCA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NCA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NCA is good value based on its PE Ratio (8.6x) compared to the GB Capital Markets industry average (21.2x).

PE vs Market: NCA is good value based on its PE Ratio (8.6x) compared to the UK market (24x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NCA is good value based on its PB Ratio (0.9x) compared to the GB Capital Markets industry average (1.6x).

Future Growth

How is New Century AIM VCT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.8%

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 New Century AIM 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 New Century AIM VCT performed over the past 5 years?

-36.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NCA has high quality earnings.

Growing Profit Margin: NCA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NCA's earnings have declined by 36.1% per year over the past 5 years.

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

Earnings vs Industry: NCA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-1.4%).


Return on Equity

High ROE: NCA's Return on Equity (10.7%) is considered low.

Financial Health

How is New Century AIM VCT's financial position?


Financial Position Analysis

Short Term Liabilities: NCA's short term assets (£171.0K) exceed its short term liabilities (£27.0K).

Long Term Liabilities: NCA has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NCA is debt free.

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

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

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


Balance Sheet

Dividend

What is New Century AIM VCT current dividend yield, its reliability and sustainability?

4.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NCA's dividend (4.29%) is higher than the bottom 25% of dividend payers in the UK market (1.48%).

High Dividend: NCA's dividend (4.29%) is low compared to the top 25% of dividend payers in the UK market (4.52%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.5%), NCA'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?


CEO

New Century AIM VCT has no CEO, or we have no data on them.


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

New Century AIM VCT Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: New Century AIM VCT Plc
  • Ticker: NCA
  • Exchange: LSE
  • Founded: 2005
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£5.503m
  • Shares outstanding: 7.86m

Location

  • New Century AIM VCT Plc
  • Basildon
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NCALSE (London Stock Exchange)YesOrdinary SharesGBGBPMay 2006

Biography

New Century AIM VCT Plc is a venture capital trust specializing in long term capital growth through investment in unquoted companies and a diversified portfolio of Qualifying Companies primarily quoted on ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 20:29
End of Day Share Price2021/02/26 00:00
Earnings2020/08/31
Annual Earnings2020/02/29


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.