The Scottish Investment Trust PLC is a publicly owned investment manager.
Share Price & News
How has Scottish Investment Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SCIN has not had significant price volatility in the past 3 months.
7 Day Return
GB Capital Markets
1 Year Return
GB Capital Markets
Return vs Industry: SCIN underperformed the UK Capital Markets industry which returned 9.7% over the past year.
Return vs Market: SCIN exceeded the UK Market which returned -12.5% over the past year.
Price Volatility Vs. Market
How volatile is Scottish Investment Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StThe Scottish Investment Trust PLC (LON:SCIN): Ex-Dividend Is In 2 Days, Should You Buy?
1 year ago | Simply Wall StIs The Scottish Investment Trust PLC (LON:SCIN) An Attractive Dividend Stock?
2 years ago | Simply Wall StShould The Scottish Investment Trust PLC (LON:SCIN) Be Part Of Your Portfolio?
Is Scottish Investment Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SCIN (£7.4) is trading below our estimate of fair value (£10.15)
Significantly Below Fair Value: SCIN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SCIN is poor value based on its PE Ratio (70x) compared to the Capital Markets industry average (15.4x).
PE vs Market: SCIN is poor value based on its PE Ratio (70x) compared to the UK market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SCIN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SCIN is good value based on its PB Ratio (0.8x) compared to the GB Capital Markets industry average (1.6x).
How is Scottish Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Scottish Investment Trust 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.
How has Scottish Investment Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCIN has high quality earnings.
Growing Profit Margin: SCIN's current net profit margins (39.7%) are higher than last year (19.6%).
Past Earnings Growth Analysis
Earnings Trend: SCIN's earnings have declined by -16.8% per year over the past 5 years.
Accelerating Growth: SCIN's earnings growth over the past year (263.5%) exceeds its 5-year average (-16.8% per year).
Earnings vs Industry: SCIN earnings growth over the past year (263.5%) exceeded the Capital Markets industry 16.4%.
Return on Equity
High ROE: SCIN's Return on Equity (1.2%) is considered low.
How is Scottish Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: SCIN's short term assets (£74.8M) exceed its short term liabilities (£664.0K).
Long Term Liabilities: SCIN's short term assets (£74.8M) do not cover its long term liabilities (£85.2M).
Debt to Equity History and Analysis
Debt Level: SCIN's debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: SCIN's debt to equity ratio has reduced from 14.2% to 12.4% over the past 5 years.
Debt Coverage: SCIN's debt is well covered by operating cash flow (27%).
Interest Coverage: SCIN's interest payments on its debt are well covered by EBIT (3.3x coverage).
What is Scottish Investment Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SCIN's dividend (4.14%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: SCIN's dividend (4.14%) is low compared to the top 25% of dividend payers in the UK market (5.68%).
Stability and Growth of Payments
Stable Dividend: SCIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: SCIN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (215.6%), SCIN's dividend payments are not 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Scottish Investment Trust has no CEO, or we have no data on them.
|Independent Director||4.42yrs||UK£32.50k||0.0034% £18.5k|
|Independent Non-Executive Director||0.58yr||UK£4.58k||0.0081% £44.4k|
|Independent Non-Executive Director||4.42yrs||UK£32.50k||0.014% £74.0k|
|Independent Chairman||4.33yrs||UK£60.00k||0.014% £74.0k|
|Independent Non-Executive Director||2.58yrs||UK£37.50k||0.0034% £18.5k|
Experienced Board: SCIN's board of directors are considered experienced (4.3 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Scottish Investment Trust PLC's company bio, employee growth, exchange listings and data sources
- Name: The Scottish Investment Trust PLC
- Ticker: SCIN
- Exchange: LSE
- Founded: 1887
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£546.146m
- Shares outstanding: 73.80m
- Website: https://www.thescottish.co.uk
Number of Employees
- The Scottish Investment Trust PLC
- 6 Albyn Place
- EH2 4NL
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SCIN||LSE (London Stock Exchange)||Yes||Ordinary Stock Units||GB||GBP||Jan 1992|
|SCINL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Stock Units||GB||GBP||Jan 1992|
The Scottish Investment Trust PLC is a publicly owned investment manager. The firm manages separate client-focused equity portfolios. It invests in public equity markets across the globe. It employs a fundamental analysis with a bottom-up stock picking approach. The Scottish Investment Trust PLC was founded in 1887 and is based in Edinburgh, United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 20:38|
|End of Day Share Price||2020/05/29 00:00|
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.