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NCA

New Century AIM VCTLSE:NCA Stock Report

Last Price

UK£0.85

Market Cap

UK£6.7m

7D

0%

1Y

10.4%

Updated

19 Jan, 2022

Data

Company Financials
NCA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

NCA Stock Overview

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.

Price History & Performance

Summary of all time highs, changes and price drops for New Century AIM VCT
Historical stock prices
Current Share PriceUK£0.85
52 Week HighUK£1.05
52 Week LowUK£0.70
Beta-0.15
1 Month Change0%
3 Month Change-2.86%
1 Year Change10.39%
3 Year Change16.44%
5 Year Change24.09%
Change since IPO-40.14%

Recent News & Updates

Shareholder Returns

NCAGB Capital MarketsGB Market
7D0%-1.4%-1.0%
1Y10.4%-3.0%8.3%

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

Return vs Market: NCA exceeded the UK Market which returned 8.3% over the past year.

Price Volatility

Is NCA's price volatile compared to industry and market?
NCA volatility
NCA Average Weekly Movement2.6%
Capital Markets Industry Average Movement4.1%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

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.

About the Company

FoundedEmployeesCEOWebsite
2005n/an/a

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. The fund may also invest in companies traded on the OFEX trading facility.

New Century AIM VCT Fundamentals Summary

How do New Century AIM VCT's earnings and revenue compare to its market cap?
NCA fundamental statistics
Market CapUK£6.68m
Earnings (TTM)UK£3.72m
Revenue (TTM)UK£3.85m

1.8x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NCA income statement (TTM)
RevenueUK£3.85m
Cost of RevenueUK£0
Gross ProfitUK£3.85m
ExpensesUK£130.00k
EarningsUK£3.72m

Last Reported Earnings

Aug 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin100.00%
Net Profit Margin96.63%
Debt/Equity Ratio0.0%

How did NCA perform over the long term?

See historical performance and comparison

Dividends

9.4%

Current Dividend Yield

14%

Payout Ratio

Valuation

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

1.79x

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 (1.8x) compared to the UK Capital Markets industry average (10.9x).

PE vs Market: NCA is good value based on its PE Ratio (1.8x) compared to the UK market (19.1x).


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 (0.7x) compared to the GB Capital Markets industry average (1.7x).

Future Growth

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

9.0%

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?

31.1%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: NCA's current net profit margins (96.6%) are higher than last year (84.6%).


Past Earnings Growth Analysis

Earnings Trend: NCA has become profitable over the past 5 years, growing earnings by 31.1% per year.

Accelerating Growth: NCA's earnings growth over the past year (483.5%) exceeds its 5-year average (31.1% per year).

Earnings vs Industry: NCA earnings growth over the past year (483.5%) exceeded the Capital Markets industry 66.7%.


Return on Equity

High ROE: NCA's Return on Equity (39%) is considered high.

Financial Health

How is New Century AIM VCT's financial position?


Financial Position Analysis

Short Term Liabilities: NCA's short term assets (£369.0K) exceed its short term liabilities (£24.0K).

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?

9.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NCA's dividend (9.41%) is higher than the bottom 25% of dividend payers in the UK market (1.41%).

High Dividend: NCA's dividend (9.41%) is in the top 25% of dividend payers in the UK market (4.06%)


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 (13.7%), NCA's dividend payments are thoroughly 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.


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 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
  • Implied Market Cap: UK£6.682m
  • Shares outstanding: 7.86m

Location

  • New Century AIM VCT Plc
  • Basildon
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 21:17
End of Day Share Price2022/01/19 00:00
Earnings2021/08/31
Annual Earnings2021/02/28


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.