ProVen VCT
Market Cap
UK£113.5m
Last Updated
2021/03/06 18:36 UTC
Data Sources
Company Financials
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
| PVN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -5.6% | 1.2% |
| 30 Day | 2.3% | -6.6% | 0.9% |
| 90 Day | 6.4% | 0.06% | 2.4% |
| 1 Year | 0.4%-5.0% | 14.8%11.2% | 10.6%4.6% |
| 3 Year | 15.4%-24.0% | 39.5%23.7% | 8.6%-4.5% |
| 5 Year | 27.5%-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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PVN | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Apr 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 18:36 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/08/31 |
| Annual Earnings | 2020/02/29 |
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.