The National Investment Trust Ltd is a privately owned investment manager.
Price History & Performance
|Historical stock prices|
|Current Share Price||MU₨37.50|
|52 Week High||MU₨30.75|
|52 Week Low||MU₨40.45|
|1 Month Change||6.53%|
|3 Month Change||7.76%|
|1 Year Change||15.38%|
|3 Year Change||53.06%|
|5 Year Change||85.64%|
|Change since IPO||400.00%|
Recent News & Updates
|NITL.N0000||MU Capital Markets||MU Market|
Return vs Industry: NITL.N0000 exceeded the MU Capital Markets industry which returned 13.5% over the past year.
Return vs Market: NITL.N0000 matched the MU Market which returned 14.7% over the past year.
Stable Share Price: NITL.N0000 is not significantly more volatile than the rest of MU stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: NITL.N0000's weekly volatility (2%) has been stable over the past year.
About the Company
The National Investment Trust Ltd is a privately owned investment manager. The firm manages equity and fixed income mutual funds. The National Investment Trust Ltd was founded in March 18, 1993 and is based in Mauritius.
National Investment Trust Fundamentals Summary
|NITL.N0000 fundamental statistics|
Is NITL.N0000 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NITL.N0000 income statement (TTM)|
|Cost of Revenue||MU₨0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||5.72|
|Net Profit Margin||84.56%|
How did NITL.N0000 perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is National Investment Trust undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NITL.N0000 (MUR37.5) is trading above our estimate of fair value (MUR0.33)
Significantly Below Fair Value: NITL.N0000 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NITL.N0000 is poor value based on its PE Ratio (6.6x) compared to the MU Capital Markets industry average (5x).
PE vs Market: NITL.N0000 is good value based on its PE Ratio (6.6x) compared to the MU market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NITL.N0000's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NITL.N0000 is overvalued based on its PB Ratio (0.8x) compared to the MU Capital Markets industry average (0.7x).
How is National 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 National 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 National Investment Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NITL.N0000 has high quality earnings.
Growing Profit Margin: NITL.N0000's current net profit margins (84.6%) are higher than last year (77.1%).
Past Earnings Growth Analysis
Earnings Trend: NITL.N0000's earnings have grown significantly by 34.7% per year over the past 5 years.
Accelerating Growth: NITL.N0000's earnings growth over the past year (52.9%) exceeds its 5-year average (34.7% per year).
Earnings vs Industry: NITL.N0000 earnings growth over the past year (52.9%) exceeded the Capital Markets industry 36.3%.
Return on Equity
High ROE: NITL.N0000's Return on Equity (12.6%) is considered low.
How is National Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: NITL.N0000's short term assets (MUR151.6M) exceed its short term liabilities (MUR13.8M).
Long Term Liabilities: NITL.N0000's short term assets (MUR151.6M) exceed its long term liabilities (MUR5.1M).
Debt to Equity History and Analysis
Debt Level: NITL.N0000 is debt free.
Reducing Debt: NITL.N0000 had no debt 5 years ago.
Debt Coverage: NITL.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NITL.N0000 has no debt, therefore coverage of interest payments is not a concern.
What is National Investment Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NITL.N0000's dividend (2.67%) is higher than the bottom 25% of dividend payers in the MU market (2.05%).
High Dividend: NITL.N0000's dividend (2.67%) is low compared to the top 25% of dividend payers in the MU market (3.47%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NITL.N0000 has been paying a dividend for less than 10 years.
Growing Dividend: NITL.N0000's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.5%), NITL.N0000'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
National Investment Trust has no CEO, or we have no data on them.
Experienced Board: NITL.N0000's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
National Investment Trust Ltd's employee growth, exchange listings and data sources
- Name: National Investment Trust Ltd
- Ticker: NITL.N0000
- Exchange: MUSE
- Founded: 1993
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: MU₨1.014b
- Shares outstanding: 27.41m
- Website: https://www.nit.mu
Number of Employees
- National Investment Trust Ltd
- Level 8, Newton Tower,
- Sir William Newton Street,
- Port Louis
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:45|
|End of Day Share Price||2021/10/25 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.