The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited.
Share Price & News
How has European Investment Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EUIT.F 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: Insufficient data to determine how EUIT.F performed against the US Capital Markets industry.
Return vs Market: Insufficient data to determine how EUIT.F performed against the US Market.
Price Volatility Vs. Market
How volatile is European Investment Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is European Investment Trust undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: EUIT.F ($10.45) is trading above our estimate of fair value ($3.77)
Significantly Below Fair Value: EUIT.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EUIT.F is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.
PE vs Market: EUIT.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EUIT.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EUIT.F is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (6.6x).
How is European 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 European 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 European Investment Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EUIT.F is currently unprofitable.
Growing Profit Margin: EUIT.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EUIT.F is unprofitable, and losses have increased over the past 5 years at a rate of -4.4% per year.
Accelerating Growth: Unable to compare EUIT.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EUIT.F is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (20.6%).
Return on Equity
High ROE: EUIT.F has a negative Return on Equity (-6.82%), as it is currently unprofitable.
How is European Investment Trust'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: EUIT.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: EUIT.F's debt is not covered by short term assets (assets are 0.3x debt).
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: EUIT.F has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if EUIT.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Financial Institutions Analysis
Asset Level: EUIT.F's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if EUIT.F has a sufficient allowance for bad loans.
Low Risk Liabilities: EUIT.F reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if EUIT.F has an acceptable proportion of non-loan assets held.
Low Risk Deposits: EUIT.F has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if EUIT.F has an appropriate level of bad loans.
What is European Investment Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EUIT.F's dividend (3.31%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: EUIT.F's dividend (3.31%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: EUIT.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: EUIT.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: EUIT.F 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alasdair/Sandy Nairn (57yo)
Dr. Alisdair Gordon MacKenzie Nairn, also known as Alasdair/Sandy, Ph.D., serves as the Investment Partner, Co-Founder, Portfolio Manager and Director of Edinburgh Partners Limited. He was previously the C ...
|Chief Executive Officer||0yrs||no data||no data|
|Director of Compliance - F&C Management Limited||0yrs||no data||no data|
|Head of Retail||16.8yrs||no data||no data|
|14.9yrs||no data||no data|
|Company Secretary||0yrs||no data||no data|
|Director of Finance At F&C Management Limited||0yrs||no data||no data|
|Lead Manager||12.1yrs||no data||no data|
|Portfolio Manager||0yrs||no data||no data|
Experienced Management: EUIT.F's management team is seasoned and experienced (14.9 years average tenure).
|Director||0yrs||no data||0.025% £101.9k|
|Senior Independent Director||0yrs||UK£19.00k||0.022% £91.7k|
|Independent Non-Executive Director||6.1yrs||UK£19.00k||0.012% £50.9k|
|Non-Executive Director||12.3yrs||UK£19.00k||no data|
Experienced Board: EUIT.F's board of directors are seasoned and experienced ( 12.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Baillie Gifford European Growth Trust plc's company bio, employee growth, exchange listings and data sources
- Name: Baillie Gifford European Growth Trust plc
- Ticker: EUIT.F
- Exchange: OTCPK
- Founded: 1972
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£328.394m
- Listing Market Cap: UK£409.914m
- Shares outstanding: 40.24m
- Website: https://www.theeuropeaninvestmenttrust.com
- Baillie Gifford European Growth Trust plc
- 27-31 Melville Street
- EH3 7JF
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EUT||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jan 1992|
|EUIT.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|EUTL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jan 1992|
The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies. The fund employs fundamental analysis with a bottom-up stock selection approach, focusing on companies which seek to benefit from restructuring, cost cutting, and other profitability improvements to create its portfolio. It benchmarks the performance of its portfolio against the FTSE All World Europe ex UK Index. The fund was formerly known as Foreign & Colonial Eurotrust plc. The European Investment Trust plc was formed on June 28, 1972 and is domiciled in the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/19 00:01|
|End of Day Share Price||2019/06/21 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.