| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
SSIF Stock Overview
No business description
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.18 |
| 52 Week High | UK£0.72 |
| 52 Week Low | UK£0.15 |
| Beta | 0.052 |
| 1 Month Change | -7.50% |
| 3 Month Change | -26.00% |
| 1 Year Change | -72.08% |
| 3 Year Change | -79.89% |
| 5 Year Change | -80.16% |
| Change since IPO | -81.91% |
Recent News & Updates
Shareholder Returns
| SSIF | GB Capital Markets | GB Market | |
|---|---|---|---|
| 7D | 0% | -0.7% | -0.5% |
| 1Y | -72.1% | -1.9% | 8.7% |
Return vs Industry: SSIF underperformed the UK Capital Markets industry which returned -1.9% over the past year.
Return vs Market: SSIF underperformed the UK Market which returned 8.7% over the past year.
Price Volatility
| SSIF volatility | |
|---|---|
| SSIF Average Weekly Movement | 4.6% |
| Capital Markets Industry Average Movement | 4.1% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.5% |
| 10% least volatile stocks in GB Market | 2.4% |
Stable Share Price: SSIF is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SSIF's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | n/a | Geoff Miller | https://thesmeloanfund.com |
Secured Income Fund Fundamentals Summary
| SSIF fundamental statistics | |
|---|---|
| Market Cap | UK£9.74m |
| Earnings (TTM) | -UK£11.02m |
| Revenue (TTM) | UK£3.13m |
3.1x
P/S Ratio-0.9x
P/E RatioIs SSIF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SSIF income statement (TTM) | |
|---|---|
| Revenue | UK£3.13m |
| Cost of Revenue | UK£10.94m |
| Gross Profit | -UK£7.81m |
| Expenses | UK£3.21m |
| Earnings | -UK£11.02m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.21 |
| Gross Margin | -249.19% |
| Net Profit Margin | -351.64% |
| Debt/Equity Ratio | 0.0% |
How did SSIF perform over the long term?
See historical performance and comparisonDividends
151.4%
Current Dividend Yield-134%
Payout RatioValuation
Is Secured Income Fund undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SSIF (£0.19) is trading below our estimate of fair value (£0.41)
Significantly Below Fair Value: SSIF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SSIF is unprofitable, so we can't compare its PE Ratio to the UK Capital Markets industry average.
PE vs Market: SSIF 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 SSIF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SSIF is good value based on its PB Ratio (0.5x) compared to the GB Capital Markets industry average (1.6x).
Future Growth
How is Secured Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.8%
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 Secured Income 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 Secured Income Fund performed over the past 5 years?
-97.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSIF is currently unprofitable.
Growing Profit Margin: SSIF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SSIF is unprofitable, and losses have increased over the past 5 years at a rate of 97.3% per year.
Accelerating Growth: Unable to compare SSIF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SSIF is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (66.7%).
Return on Equity
High ROE: SSIF has a negative Return on Equity (-57.66%), as it is currently unprofitable.
Financial Health
How is Secured Income Fund's financial position?
Financial Position Analysis
Short Term Liabilities: SSIF's short term assets (£11.9M) exceed its short term liabilities (£148.0K).
Long Term Liabilities: SSIF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SSIF is debt free.
Reducing Debt: SSIF had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SSIF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SSIF is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.5% per year.
Dividend
What is Secured Income Fund current dividend yield, its reliability and sustainability?
151.35%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SSIF's dividend (151.35%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).
High Dividend: SSIF's dividend (151.35%) is in the top 25% of dividend payers in the UK market (4.05%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SSIF has been paying a dividend for less than 10 years.
Growing Dividend: SSIF's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: SSIF 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
Geoff Miller (55 yo)
no data
Tenure
Mr. Geoffrey Richard Miller, also known as Geoff, serves as the Chief Executive Officer of GLI Asset Management Limited at The SME Loan Fund plc. Mr. Miller is an Independent Consultant. Mr. Miller served...
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
Secured Income Fund Plc's employee growth, exchange listings and data sources
Key Information
- Name: Secured Income Fund Plc
- Ticker: SSIF
- Exchange: LSE
- Founded: 2015
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£9.742m
- Shares outstanding: 52.66m
- Website: https://thesmeloanfund.com
Location
- Secured Income Fund Plc
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 19:01 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.