| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
PGOO Stock Overview
ProVen Growth & Income VCT plc is a venture capital trust specializing in expansion and management buyouts.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.58 |
| 52 Week High | UK£0.61 |
| 52 Week Low | UK£0.51 |
| Beta | 0.033 |
| 1 Month Change | -0.85% |
| 3 Month Change | 1.74% |
| 1 Year Change | 10.38% |
| 3 Year Change | -11.36% |
| 5 Year Change | -22.00% |
| Change since IPO | -63.86% |
Recent News & Updates
Shareholder Returns
| PGOO | GB Capital Markets | GB Market | |
|---|---|---|---|
| 7D | 0% | -1.4% | -1.0% |
| 1Y | 10.4% | -3.0% | 8.3% |
Return vs Industry: PGOO exceeded the UK Capital Markets industry which returned -1.9% over the past year.
Return vs Market: PGOO exceeded the UK Market which returned 8.3% over the past year.
Price Volatility
| PGOO volatility | |
|---|---|
| PGOO Average Weekly Movement | 1.7% |
| Capital Markets Industry Average Movement | 4.1% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.7% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: PGOO is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: PGOO's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | n/a | n/a | https://www.provenvcts.co.uk/funds/dynamicfund/2 |
ProVen Growth & Income VCT plc is a venture capital trust specializing in expansion and management buyouts. It does not invest in start ups. It seeks to invest in SMEs in United Kingdom.
ProVen Growth & Income VCT Fundamentals Summary
| PGOO fundamental statistics | |
|---|---|
| Market Cap | UK£148.08m |
| Earnings (TTM) | UK£25.96m |
| Revenue (TTM) | UK£29.85m |
5.7x
P/E Ratio5.0x
P/S RatioIs PGOO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PGOO income statement (TTM) | |
|---|---|
| Revenue | UK£29.85m |
| Cost of Revenue | UK£0 |
| Gross Profit | UK£29.85m |
| Expenses | UK£3.89m |
| Earnings | UK£25.96m |
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.10 |
| Gross Margin | 100.00% |
| Net Profit Margin | 86.96% |
| Debt/Equity Ratio | 0.0% |
How did PGOO perform over the long term?
See historical performance and comparisonDividends
5.1%
Current Dividend Yield26%
Payout RatioValuation
Is ProVen Growth & Income VCT undervalued compared to its fair value and its price relative to the market?
5.7x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PGOO (£0.59) is trading above our estimate of fair value (£0.15)
Significantly Below Fair Value: PGOO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PGOO is good value based on its PE Ratio (5.7x) compared to the UK Capital Markets industry average (10.9x).
PE vs Market: PGOO is good value based on its PE Ratio (5.7x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PGOO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PGOO is good value based on its PB Ratio (0.9x) compared to the GB Capital Markets industry average (1.7x).
Future Growth
How is ProVen Growth & Income 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 ProVen Growth & Income 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 ProVen Growth & Income VCT performed over the past 5 years?
2.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PGOO has a high level of non-cash earnings.
Growing Profit Margin: PGOO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PGOO's earnings have grown by 2% per year over the past 5 years.
Accelerating Growth: PGOO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PGOO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (66.7%).
Return on Equity
High ROE: PGOO's Return on Equity (16.2%) is considered low.
Financial Health
How is ProVen Growth & Income VCT's financial position?
Financial Position Analysis
Short Term Liabilities: PGOO's short term assets (£52.3M) exceed its short term liabilities (£999.0K).
Long Term Liabilities: PGOO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PGOO is debt free.
Reducing Debt: PGOO has not had any debt for past 5 years.
Debt Coverage: PGOO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PGOO has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is ProVen Growth & Income VCT current dividend yield, its reliability and sustainability?
5.13%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PGOO's dividend (5.13%) is higher than the bottom 25% of dividend payers in the UK market (1.41%).
High Dividend: PGOO's dividend (5.13%) is in the top 25% of dividend payers in the UK market (4.06%)
Stability and Growth of Payments
Stable Dividend: PGOO's dividend payments have been volatile in the past 10 years.
Growing Dividend: PGOO's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.2%), PGOO'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?
10.4yrs
Average board tenure
CEO
ProVen Growth & Income VCT has no CEO, or we have no data on them.
Board Members
Experienced Board: PGOO's board of directors are seasoned and experienced ( 10.4 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 been diluted in the past year, with total shares outstanding growing by 13.2%.
Top Shareholders
Company Information
ProVen Growth & Income VCT PLC's employee growth, exchange listings and data sources
Key Information
- Name: ProVen Growth & Income VCT PLC
- Ticker: PGOO
- Exchange: LSE
- Founded: 2002
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£148.082m
- Shares outstanding: 253.13m
- Website: https://www.provenvcts.co.uk/funds/dynamicfund/2
Location
- ProVen Growth & Income VCT PLC
- 55 Drury Lane
- Covent Garden
- London
- Greater London
- WC2B 5SQ
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 21:13 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/08/31 |
| Annual Earnings | 2021/02/28 |
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.