How does SOND's PS Ratio compare to its peers?

SOND is expensive based on its Price-To-Sales Ratio (12.7x) compared to the peer average (8.1x).

How does SOND's PS Ratio compare vs other companies in the GB Capital Markets Industry?

SOND is expensive based on its Price-To-Sales Ratio (12.7x) compared to the UK Capital Markets industry average (3.2x).

What is SOND's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate SOND's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of SOND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate SOND's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Hipgnosis Songs Fund (LSE:SOND) - Stock Price, News & Analysis

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

SOND Stock Overview

A closed-ended fund launched and managed by The Family (Music) Limited. More details

SOND fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Hipgnosis Songs Fund Limited Competitors

BBGI Global Infrastructure

LSE:BBGI

UK£893.6m

Ninety One Group

LSE:N91

UK£1.4b

Ashmore Group

LSE:ASHM

UK£1.1b

Rathbones Group

LSE:RAT

UK£1.7b

Price History & Performance

Summary of all time highs, changes and price drops for Hipgnosis Songs Fund
Historical stock prices
Current Share Price	UK£1.27
52 Week High	UK£1.33
52 Week Low	UK£0.70
Beta	0.18
11 Month Change	-3.05%
3 Month Change	-2.98%
1 Year Change	27.00%
33 Year Change	-23.95%
5 Year Change	n/a
Change since IPO	-5.22%

Recent updates

Shareholder Returns

	SOND	GB Capital Markets	GB Market
7D	-3.1%	2.5%	1.7%
1Y	27.0%	27.4%	8.4%

Return vs Industry: SOND exceeded the UK Capital Markets industry which returned 15.9% over the past year.

Return vs Market: SOND exceeded the UK Market which returned 5.9% over the past year.

Price Volatility

Is SOND's price volatile compared to industry and market?
SOND volatility
SOND Average Weekly Movement	1.3%
Capital Markets Industry Average Movement	3.5%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

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

Volatility Over Time: SOND's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2018	39	Merck Mercuriadis	www.hipgnosissongs.com

Hipgnosis Songs Fund Limited is a closed-ended fund launched and managed by The Family (Music) Limited. The fund invests in songs and associated musical intellectual property rights, including master recordings and producer royalties. Hipgnosis Songs Fund Limited was formed in 2018 and is domiciled in Guernsey.

Hipgnosis Songs Fund Limited Fundamentals Summary

How do Hipgnosis Songs Fund's earnings and revenue compare to its market cap?
SOND fundamental statistics
Market cap	US$1.58b
Earnings (TTM)	-US$132.52m
Revenue (TTM)	US$124.41m

12.7x

P/S Ratio

-11.9x

P/E Ratio

Is SOND overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOND income statement (TTM)
Revenue	US$124.41m
Cost of Revenue	US$0
Gross Profit	US$124.41m
Other Expenses	US$256.93m
Earnings	-US$132.52m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.11
Gross Margin	100.00%
Net Profit Margin	-106.52%
Debt/Equity Ratio	45.0%

How did SOND perform over the long term?

See historical performance and comparison

This company listing is no longer active

SOND Stock Overview

Hipgnosis Songs Fund Limited Competitors

LSE:BBGI

UK£893.6m

LSE:N91

UK£1.4b

LSE:ASHM

UK£1.1b

LSE:RAT

UK£1.7b

Price History & Performance

Recent News & Updates

Hipgnosis Songs Fund Limited(LSE:SONG) dropped from FTSE 250 Index

New minor risk - Financial data availability

Blackstone's $1.58 Billion Offer for Hipgnosis Declares as Final

Blackstone Sweetens Hipgnosis Offer to USD 1.58 Billion

Less than half of directors are independent

Concord Confirms Its Offer for Hipgnosis Will Not Be Increased

Recent updates

Hipgnosis Songs Fund Limited(LSE:SONG) dropped from FTSE 250 Index

New minor risk - Financial data availability

Blackstone's $1.58 Billion Offer for Hipgnosis Declares as Final

Blackstone Sweetens Hipgnosis Offer to USD 1.58 Billion

Less than half of directors are independent

Concord Confirms Its Offer for Hipgnosis Will Not Be Increased

Lyra Bidco Intends to Make a Request to the Financial Conduct Authority to Cancel the Listing of the Hipgnosis Songs Fund Shares from the Official List

Hipgnosis Songs Fund Provides Update Regarding Proposal from Blackstone

Hipgnosis Songs Fund Limited Appoints Cindy Rampersaud as Senior Independent Director

Hipgnosis Songs Fund Limited Announces Resignation of Sylvia Coleman as Independent Non-Executive Director

Hipgnosis Songs Fund Limited Appoints Christopher Mills as Independent Non-Executive Director

Hipgnosis Songs Fund Limited to Report First Half, 2024 Results on Dec 19, 2023

Hipgnosis Songs Fund Limited Announces Board Appointments

Hipgnosis Songs Fund Limited Announces Resignation of Andrew Wilkinson and Paul Burger as Non-Executive Directors

Hipgnosis Songs Fund Limited, Annual General Meeting, Oct 26, 2023

Hipgnosis Songs Fund Limited Announces Interim Dividend for the Period from 1 April to 30 June 2023, Payable on 27 October 2023

Hipgnosis Songs Fund Limited Appoints Cindy Rampersaud as an Independent Non-Executive Director, with Effect from 1 August 2023

Hipgnosis Songs Fund Limited Declares Interim Dividend for the Period from January 1 to March 31, 2023, Payable on 28 July 2023

New minor risk - Financial data availability

Hipgnosis Songs Fund Limited Announces Interim Dividend for the Period from July 1, 2022 to September 30, 2022, Payable on January 31, 2023

Hipgnosis Songs Fund Limited to Report First Half, 2023 Results on Dec 08, 2022

Hipgnosis Songs Fund Limited Announces Interim Dividend for the Period from April 1, 2022 to June 30, 2022, Payable on October 28, 2022

Hipgnosis Songs Fund Limited, Annual General Meeting, Sep 21, 2022

Hipgnosis Songs Fund Limited Declares Interim Dividend for the Period from January 1 to March 31, 2022, Payable on June 15, 2022

Hipgnosis Songs Fund Limited Announces Interim Dividend for the Period from 1 October to 31 December 2021, Payable on 15 March 2022

Hipgnosis Songs Fund Limited Declares Interim Dividend for the Period from 1 January to 31 March 2021, Payable on 28 May 2021

Hipgnosis Songs Fund Limited Appointment of Richard Rowe as Executive Vice President

Hipgnosis Songs Fund Limited(LSE:SONC) dropped from FTSE 350 Index (GBP)

Hipgnosis Songs Fund Limited(LSE:SONC) dropped from FTSE All-Share Index (GBP)

Hipgnosis Songs Fund Limited Announces the Appointment of L.A. Reid, to the Investment Adviser's Advisory Board

Shareholder Returns

Price Volatility

About the Company

Hipgnosis Songs Fund Limited Fundamentals Summary

12.7x

-11.9x

Earnings & Revenue