Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P.
Share Price & News
How has Clough Global Equity Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GLQ has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: GLQ underperformed the US Capital Markets industry which returned 19% over the past year.
Return vs Market: GLQ underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Clough Global Equity Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Clough Global Equity Fund 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: GLQ ($12.85) is trading above our estimate of fair value ($12.15)
Significantly Below Fair Value: GLQ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GLQ is good value based on its PE Ratio (13.5x) compared to the Capital Markets industry average (36x).
PE vs Market: GLQ is good value based on its PE Ratio (13.5x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GLQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GLQ is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (6.7x).
How is Clough Global Equity Fund 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 Clough Global Equity 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.
How has Clough Global Equity Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLQ has a large one-off gain of $11.7M impacting its October 31 2019 financial results.
Growing Profit Margin: GLQ's current net profit margins are higher than last year (87%).
Past Earnings Growth Analysis
Earnings Trend: GLQ's earnings have grown significantly by 34.4% per year over the past 5 years.
Accelerating Growth: GLQ's earnings growth over the past year (133.1%) exceeds its 5-year average (34.4% per year).
Earnings vs Industry: GLQ earnings growth over the past year (133.1%) exceeded the Capital Markets industry 8.4%.
Return on Equity
High ROE: GLQ's Return on Equity (7.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Clough Global Equity Fund's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: GLQ has a low level of unsold assets or inventory.
Debt Coverage by Assets: GLQ's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: GLQ's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if GLQ has a sufficient allowance for bad loans.
Low Risk Liabilities: GLQ reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if GLQ has an acceptable proportion of non-loan assets held.
Low Risk Deposits: GLQ has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if GLQ has an appropriate level of bad loans.
What is Clough Global Equity Fund's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Clough Global Equity Fund before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: GLQ's dividend (10.37%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: GLQ's dividend (10.37%) is in the top 25% of dividend payers in the US market (3.69%)
Stability and Growth of Payments
Stable Dividend: GLQ's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLQ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (140.7%), GLQ'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
Ned Burke (58yo)
Mr. Edmund Joseph Burke, also known as Ned, served as Director and President of ALPS Advisors, Inc. Mr. Burke was a Chief Executive Officer and has been its President of ALPS Holdings, Inc. from 2000. He h ...
|Chief Executive Officer||0yrs||no data||no data|
|Vice Chairman||13.6yrs||US$22.00k||no data|
Experienced Board: GLQ's board of directors are seasoned and experienced ( 13.6 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 been diluted in the past year, with total shares outstanding growing by 20%.
Clough Global Equity Fund's company bio, employee growth, exchange listings and data sources
- Name: Clough Global Equity Fund
- Ticker: GLQ
- Exchange: AMEX
- Founded: 2005
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$170.016m
- Shares outstanding: 13.23m
- Website: https://null
- Clough Global Equity Fund
- One Post Office Square
- 40th Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GLQ||AMEX (NYSE MKT LLC)||Yes||Common Shares||US||USD||Apr 2005|
Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental and quantitative analysis with a bottom up stock picking approach to create its portfolio, with focus on factors such as a company’s competitive position, quality of company management, quality and visibility of earnings and cash flow, balance sheet strength, and relative valuation. The fund follows a theme-based investment process which involves focusing on such events as industry consolidation, technological change, an emerging shortage of a product or raw material, and changes in government regulations. It benchmarks the performance of its portfolio against the S&P 500 Index. Clough Global Equity Fund was formed on January 25, 2005 and is domiciled in the United States.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 00:04|
|End of Day Share Price||2020/02/14 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.