LSE:PVN

Stock Analysis Report

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Executive Summary

ProVen VCT plc is a venture capital trust specializing in expansion and management buyouts. More Details


Snowflake Analysis

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PVN is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PVN's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

0%

PVN

-5.6%

GB Capital Markets

1.2%

GB Market


1 Year Return

-5.0%

PVN

11.2%

GB Capital Markets

4.6%

GB Market

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

Return vs Market: PVN underperformed the UK Market which returned 4.6% over the past year.


Shareholder returns

PVNIndustryMarket
7 Day0%-5.6%1.2%
30 Day2.3%-6.6%0.9%
90 Day6.4%0.06%2.4%
1 Year0.4%-5.0%14.8%11.2%10.6%4.6%
3 Year15.4%-24.0%39.5%23.7%8.6%-4.5%
5 Year27.5%-28.9%99.0%65.5%39.5%12.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: PVN (£0.67) is trading above our estimate of fair value (£0.21)

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


Price To Earnings Ratio

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

PE vs Market: PVN 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 PVN's PEG Ratio to determine if it is good value.


Price to Book Ratio

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

Future Growth

How is ProVen VCT 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 ProVen 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 VCT performed over the past 5 years?

-36.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PVN is currently unprofitable.

Growing Profit Margin: PVN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PVN is unprofitable, and losses have increased over the past 5 years at a rate of 36.3% per year.

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

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


Return on Equity

High ROE: PVN has a negative Return on Equity (-6.31%), as it is currently unprofitable.

Financial Health

How is ProVen VCT's financial position?


Financial Position Analysis

Short Term Liabilities: PVN's short term assets (£41.6M) exceed its short term liabilities (£375.0K).

Long Term Liabilities: PVN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PVN is debt free.

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

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

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


Balance Sheet

Dividend

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

4.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PVN's dividend (4.51%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).

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


Stability and Growth of Payments

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

Growing Dividend: PVN's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: PVN is paying a dividend but the company is unprofitable.


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

ProVen 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 9.7%.


Top Shareholders

Company Information

ProVen VCT plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ProVen VCT plc
  • Ticker: PVN
  • Exchange: LSE
  • Founded: 2001
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£113.529m
  • Shares outstanding: 170.72m
  • Website: https://www.provenvcts.co.uk/funds/dynamicfund/1

Location

  • ProVen VCT plc
  • 39 Earlham Street
  • Covent Garden
  • London
  • WC2H 9LT
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PVNLSE (London Stock Exchange)YesOrdinary SharesGBGBPApr 2000

Biography

ProVen VCT plc is a venture capital trust specializing in expansion and management buyouts. The fund invest in small and medium sized smaller companies. It does not invest in startups. It seeks to invest i...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 18:36
End of Day Share Price2021/03/05 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.