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OTV2

Octopus Titan VCTLSE:OTV2 Stock Report

Last Price

UK£0.97

Market Cap

UK£1.3b

7D

-1.0%

1Y

15.4%

Updated

20 Jan, 2022

Data

Company Financials
OTV2 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

OTV2 Stock Overview

Octopus Titan VCT plc is a venture capital trust specializing in early stage startups, early venture, mid venture, late venture and expansion investments.

Price History & Performance

Summary of all time highs, changes and price drops for Octopus Titan VCT
Historical stock prices
Current Share PriceUK£0.97
52 Week HighUK£1.10
52 Week LowUK£0.80
Beta-0.21
1 Month Change-2.99%
3 Month Change-10.14%
1 Year Change15.38%
3 Year Change10.17%
5 Year Change4.00%
Change since IPO-2.50%

Recent News & Updates

Shareholder Returns

OTV2GB Capital MarketsGB Market
7D-1.0%-1.4%-1.0%
1Y15.4%-3.0%8.3%

Return vs Industry: OTV2 exceeded the UK Capital Markets industry which returned -3% over the past year.

Return vs Market: OTV2 exceeded the UK Market which returned 8.3% over the past year.

Price Volatility

Is OTV2's price volatile compared to industry and market?
OTV2 volatility
OTV2 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: OTV2 is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: OTV2's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/an/ahttps://www.octopusinvestments.com/investor/our-products/venture-capital-trusts/octopus-titan-vct

Octopus Titan VCT plc is a venture capital trust specializing in early stage startups, early venture, mid venture, late venture and expansion investments. It invests in companies that are not listed on the main market of the London Stock Exchange. The fund seeks to invest in environmental, technology, media, telecoms, consumer lifestyle and wellbeing sectors.

Octopus Titan VCT Fundamentals Summary

How do Octopus Titan VCT's earnings and revenue compare to its market cap?
OTV2 fundamental statistics
Market CapUK£1.27b
Earnings (TTM)UK£319.92m
Revenue (TTM)UK£416.67m

4.0x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OTV2 income statement (TTM)
RevenueUK£416.67m
Cost of RevenueUK£0
Gross ProfitUK£416.67m
ExpensesUK£96.75m
EarningsUK£319.92m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin100.00%
Net Profit Margin76.78%
Debt/Equity Ratio0.0%

How did OTV2 perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

16%

Payout Ratio

Valuation

Is Octopus Titan VCT undervalued compared to its fair value and its price relative to the market?

3.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: OTV2 (£0.98) is trading above our estimate of fair value (£0.72)

Significantly Below Fair Value: OTV2 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: OTV2 is good value based on its PE Ratio (4x) compared to the UK Capital Markets industry average (11x).

PE vs Market: OTV2 is good value based on its PE Ratio (4x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OTV2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OTV2 is good value based on its PB Ratio (1x) compared to the GB Capital Markets industry average (1.6x).

Future Growth

How is Octopus Titan 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 Octopus Titan 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 Octopus Titan VCT performed over the past 5 years?

76.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OTV2 has a high level of non-cash earnings.

Growing Profit Margin: OTV2's current net profit margins (76.8%) are higher than last year (64.9%).


Past Earnings Growth Analysis

Earnings Trend: OTV2's earnings have grown significantly by 76.9% per year over the past 5 years.

Accelerating Growth: OTV2's earnings growth over the past year (381.5%) exceeds its 5-year average (76.9% per year).

Earnings vs Industry: OTV2 earnings growth over the past year (381.5%) exceeded the Capital Markets industry 66.7%.


Return on Equity

High ROE: OTV2's Return on Equity (25.1%) is considered high.

Financial Health

How is Octopus Titan VCT's financial position?


Financial Position Analysis

Short Term Liabilities: OTV2's short term assets (£307.8M) exceed its short term liabilities (£57.1M).

Long Term Liabilities: OTV2 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: OTV2 is debt free.

Reducing Debt: OTV2 has not had any debt for past 5 years.

Debt Coverage: OTV2 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: OTV2 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Dividend

What is Octopus Titan VCT current dividend yield, its reliability and sustainability?

5.13%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OTV2's dividend (5.13%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: OTV2's dividend (5.13%) is in the top 25% of dividend payers in the UK market (4.04%)


Stability and Growth of Payments

Stable Dividend: OTV2's dividend payments have been volatile in the past 10 years.

Growing Dividend: OTV2's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.1%), OTV2'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

Octopus Titan 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 been diluted in the past year, with total shares outstanding growing by 20.8%.


Top Shareholders

Company Information

Octopus Titan VCT plc's employee growth, exchange listings and data sources


Key Information


Location

  • Octopus Titan VCT plc
  • 33 Holborn
  • London
  • Greater London
  • EC1N 2HT
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 21:22
End of Day Share Price2022/01/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.