LSE:SCF

Stock Analysis Report

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Executive Summary

Schroder Income Growth Fund plc is an open ended equity mutual fund launched and managed by Schroder Investment Management Limited. More Details


Snowflake Analysis

Share Price & News

How has Schroder Income Growth Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SCF has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.5%

SCF

-2.6%

GB Capital Markets

-1.9%

GB Market


1 Year Return

-15.8%

SCF

-0.9%

GB Capital Markets

-16.2%

GB Market

Return vs Industry: SCF underperformed the UK Capital Markets industry which returned 0.1% over the past year.

Return vs Market: SCF underperformed the UK Market which returned -14.8% over the past year.


Shareholder returns

SCFIndustryMarket
7 Day-2.5%-2.6%-1.9%
30 Day1.1%-0.2%0.7%
90 Day-1.9%-2.6%-4.8%
1 Year-11.5%-15.8%2.5%-0.9%-13.0%-16.2%
3 Year-5.9%-17.9%20.7%6.3%-9.4%-20.6%
5 Year11.4%-10.4%60.8%31.5%13.5%-12.0%

Price Volatility Vs. Market

How volatile is Schroder Income Growth Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Schroder Income Growth Fund undervalued compared to its fair value and its price relative to the market?

0.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SCF (£2.37) is trading above our estimate of fair value (£1.11)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SCF is good value based on its PB Ratio (0.8x) compared to the GB Capital Markets industry average (1.3x).

Future Growth

How is Schroder Income Growth Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

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 Schroder Income Growth Fund 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 Schroder Income Growth Fund performed over the past 5 years?

-148.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SCF is currently unprofitable.

Growing Profit Margin: SCF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SCF's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: SCF is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (0.9%).


Return on Equity

High ROE: SCF has a negative Return on Equity (-2.04%), as it is currently unprofitable.

Financial Health

How is Schroder Income Growth Fund's financial position?


Financial Position Analysis

Short Term Liabilities: SCF's short term assets (£2.4M) do not cover its short term liabilities (£32.8M).

Long Term Liabilities: SCF has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SCF's debt to equity ratio (15.7%) is considered satisfactory.

Reducing Debt: SCF's debt to equity ratio has increased from 10.6% to 15.7% over the past 5 years.

Debt Coverage: Insufficient data to determine if SCF's debt is well covered by operating cash flow.

Interest Coverage: Insufficient data to determine if SCF's interest payments on its debt are well covered by EBIT.


Balance Sheet

Dividend

What is Schroder Income Growth Fund current dividend yield, its reliability and sustainability?

5.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SCF's dividend (5.33%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: SCF's dividend (5.33%) is in the top 25% of dividend payers in the UK market (5.32%)


Stability and Growth of Payments

Stable Dividend: SCF's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: SCF 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?

11.8yrs

Average board tenure


CEO

Schroder Income Growth Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Keith Niven
Director25.75yrsUK£20.07kno data
Ian Christopher Barby
Chairman7.08yrsUK£25.05kno data
John Readman
Director20.83yrsUK£19.00kno data
Bridget Guerin
Non-Executive Director8.33yrsUK£19.51k0.041%
£ 66.8k
David Causer
Director11.83yrsUK£22.00k0.035%
£ 56.1k
Fraser McIntyre
Independent Non-Executive Directorno datano data0.010%
£ 16.5k

11.8yrs

Average Tenure

71yo

Average Age

Experienced Board: SCF's board of directors are seasoned and experienced ( 11.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Schroder Income Growth Fund plc's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Schroder Income Growth Fund plc
  • 1 London Wall Place
  • London
  • Greater London
  • EC2Y 5AU
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SCFLSE (London Stock Exchange)YesOrdinary SharesGBGBPApr 1995
SCFlBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPApr 1995

Biography

Schroder Income Growth Fund plc is an open ended equity mutual fund launched and managed by Schroder Investment Management Limited. The fund invests in the public equity markets of the United Kingdom. It s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 20:44
End of Day Share Price2020/10/21 00:00
Earnings2019/08/31
Annual Earnings2019/08/31


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.