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SCIN

Scottish Investment TrustLSE:SCIN Stock Report

Market Cap

UK£491.7m

7D

-0.1%

1Y

4.8%

Updated

26 Sep, 2021

Data

Company Financials
SCIN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends3/6

SCIN Overview

The Scottish Investment Trust PLC is a publicly owned investment manager.

Price History & Performance

Summary of all time highs, changes and price drops for Scottish Investment Trust
Historical stock prices
Current Share PriceUK£7.43
52 Week HighUK£6.57
52 Week LowUK£8.47
Beta0.59
1 Month Change-2.37%
3 Month Change-7.93%
1 Year Change4.80%
3 Year Change-14.20%
5 Year Change5.99%
Change since IPO348.94%

Recent News & Updates

Shareholder Returns

SCINGB Capital MarketsGB Market
7D-0.1%-1.9%0.6%
1Y4.8%14.4%24.1%

Return vs Industry: SCIN underperformed the UK Capital Markets industry which returned 14.4% over the past year.

Return vs Market: SCIN underperformed the UK Market which returned 23.4% over the past year.

Price Volatility

Is SCIN's price volatile compared to industry and market?
SCIN volatility
SCIN Beta0.59
Industry Beta0.78
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
188716n/ahttps://www.thescottish.co.uk

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.

Scottish Investment Trust Fundamentals Summary

How do Scottish Investment Trust's earnings and revenue compare to its market cap?
SCIN fundamental statistics
Market CapUK£491.67m
Earnings (TTM)UK£40.99m
Revenue (TTM)UK£52.77m

12.0x

P/E Ratio

9.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SCIN income statement (TTM)
RevenueUK£52.77m
Cost of RevenueUK£0
Gross ProfitUK£52.77m
ExpensesUK£11.78m
EarningsUK£40.99m

Last Reported Earnings

Apr 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.62
Gross Margin100.00%
Net Profit Margin77.68%
Debt/Equity Ratio14.2%

How did SCIN perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

41%

Payout Ratio

Does SCIN pay a reliable dividends?

See SCIN dividend history and benchmarks
When do you need to buy SCIN by to receive an upcoming dividend?
Scottish Investment Trust dividend dates
Ex Dividend DateSep 30 2021
Dividend Pay DateNov 01 2021
Days until Ex dividend2 days
Days until Dividend pay date34 days

Does SCIN pay a reliable dividends?

See SCIN dividend history and benchmarks

Valuation

Is Scottish Investment Trust undervalued compared to its fair value and its price relative to the market?

12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SCIN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SCIN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SCIN is good value based on its PE Ratio (12x) compared to the UK Capital Markets industry average (13.6x).

PE vs Market: SCIN is good value based on its PE Ratio (12x) compared to the UK market (23.4x).


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 (1.8x).


Future Growth

How is Scottish Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.0%

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 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.


Past Performance

How has Scottish Investment Trust performed over the past 5 years?

-57.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SCIN has high quality earnings.

Growing Profit Margin: SCIN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SCIN has become profitable over the past 5 years, growing earnings by -57.4% per year.

Accelerating Growth: SCIN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SCIN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (54.7%).


Return on Equity

High ROE: SCIN's Return on Equity (6.9%) is considered low.


Financial Health

How is Scottish Investment Trust's financial position?


Financial Position Analysis

Short Term Liabilities: SCIN's short term assets (£48.6M) exceed its short term liabilities (£6.6M).

Long Term Liabilities: SCIN's short term assets (£48.6M) do not cover its long term liabilities (£84.5M).


Debt to Equity History and Analysis

Debt Level: SCIN's debt to equity ratio (14.2%) is considered satisfactory.

Reducing Debt: SCIN's debt to equity ratio has increased from 11.6% to 14.2% over the past 5 years.

Debt Coverage: SCIN's debt is well covered by operating cash flow (20.7%).

Interest Coverage: SCIN's interest payments on its debt are well covered by EBIT (10x coverage).


Balance Sheet


Dividend

What is Scottish Investment Trust current dividend yield, its reliability and sustainability?

3.12%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 27 2021Ex Dividend DateSep 30 2021Dividend Pay DateNov 01 202132 days from Ex DividendBuy in the next 2 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: SCIN's dividend (3.12%) is higher than the bottom 25% of dividend payers in the UK market (1.34%).

High Dividend: SCIN's dividend (3.12%) is low compared to the top 25% of dividend payers in the UK market (3.93%).


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 reasonably low payout ratio (40.9%), SCIN'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average board tenure


CEO

Scottish Investment Trust has no CEO, or we have no data on them.


Board Members

Experienced Board: SCIN's board of directors are considered experienced (4.8 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

The Scottish Investment Trust PLC's employee growth, exchange listings and data sources


Key Information

  • Name: The Scottish Investment Trust PLC
  • Ticker: SCIN
  • Exchange: LSE
  • Founded: 1887
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£491.667m
  • Shares outstanding: 66.17m
  • Website: https://www.thescottish.co.uk

Number of Employees


Location

  • The Scottish Investment Trust PLC
  • 6 Albyn Place
  • Edinburgh
  • EH2 4NL
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 17:54
End of Day Share Price2021/09/24 00:00
Earnings2021/04/30
Annual Earnings2020/10/31


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.