Henderson Smaller Cos Investment Trust Closed Fund

HSL 615p -4.0  -0.6%
4:35pm 0.500k

Momentum
Relative Strength (%)
1m +2.7%
3m -4.4%
1yr +11.5%
Volume Change (%)
10d v 3m -14.5%
Price vs... (%)
52w High -11.9%
50d MA +2.59%
200d MA -3.84%
vs.
market
vs.
industry
Growth & Value
12m Forecast Rolling
PE Ratio (ttm) 4.94
PEG Ratio (ttm) n/a
EPS Growth (ttm) 481.1 %
Dividend Yield (ttm) 2.26 %
Valuation (ttm)
Price to Book Value 0.85
Price to Tang. Book 0.85
Price to Free Cashflow 42.1
Price to Sales 4.60
EV to EBITDA 5.45
Margin of Safety (beta)
Screens Passed

HSL doesn't qualify for any screens.
Find out why:   View Checklists

vs.
market
vs.
industry
Quality
Return on Capital 17.1 %
Return on Equity 18.5 %
Operating Margin 93.2 %
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st May 2010 2011 2012 2013 2014 2015 TTM 2016E 2017E CAGR / Avg
Revenue £m 62.7 98.4 -10.9 133.7 85.1 102.5 100.4 +10.3%
Operating Profit £m 59.5 93.3 -14.6 127.7 80.0 95.6 93.5 +9.9%
Net Profit £m 59.5 93.3 -14.6 127.7 80.0 95.6 93.5 +9.9%
EPS Reported p 79.3 124.6 -19.6 171 107 128 125.2 +10.1%
EPS Normalised p 79.3 124.6 -19.6 171 107 128 125.2 +10.1%
EPS Growth % +57.2 -37.4 +19.6 +481.1
PE Ratio x 4.84 4.94 n/a n/a
PEG x n/a n/a n/a n/a
Profitability
Operating Margin % 95.0 94.8 133.8 95.6 93.9 93.3 93.2 +101.1%
ROA % 33.4 -4.6 34.2 16.6 16.7 16.7
ROCE % 26.2 29.3 -4.9 30.2 16.1 17.0 17.1 +19.0%
ROE % 36.9 -5.1 37.4 18.2 18.4 18.5 +21.2%
Cashflow
Op. Cashflow ps p 9.61 -2.35 4.23 -3.86 -6.48 15.3 14.7 +9.8%
Capex ps p 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Free Cashflow ps p 9.61 -2.35 4.23 -3.86 -6.48 15.3 14.7 +9.8%
Last ex-div: 11th Feb, paid: 4th Mar more... Dividends
Dividend ps p 3.60 4.20 5.50 6.50 11.0 13.5 14.0 +30.3%
Dividend Growth % +20.0 +16.7 +31.0 +18.2 +69.2 +22.7 +21.7
Dividend Yield % 2.18 2.26
Dividend Cover x 22.0 29.7 -3.56 26.3 9.73 9.48 8.94
Balance Sheet
Cash etc £m 1.66 0.65 0.27 2.60 1.15 10.2 1.85 +43.7%
Working Capital £m 0.22 -8.22 -4.40 -13.2 -23.3 -42.5 -48.8
Net Fixed Assets £m 227.3 326.4 304.3 436.7 519.6 605.8 596.9 +21.7%
Net Debt £m 20.3 25.4 25.8 32.9 44.9 42.0 47.2
Book Value £m 207.5 298.2 279.9 403.4 476.3 563.3 548.2 +22.1%
Average Shares m 75.1 74.9 74.8 74.7 74.7 74.7 74.7 -0.2%
Book Value ps p 277.1 398.1 374.5 540 637.6 754.1 733.8 +22.2%

FINANCIAL BRIEF: For the six months ended 30 November 2015, Henderson Smaller Companies Inv Trst PLC revenues decreased 67% to -L5.3M. Net loss increased 37% to L7.7M. Revenues reflect Gain on Investments held at FV through P decrease of 33% to -L11.3M, Other Income decrease of 88% to L14K. Higher net loss reflects Other Expenses increase of 9% to L252K (expense). Dividend per share remained flat at L0.04. more »

Health Trend
Bankruptcy Risk
N/A Earnings Manipulation Risk
Magic Formula Score
Other Ratios
Leverage (ttm) Total Ex Intang
Gross Gearing % 8.94 8.94
Net Gearing % 8.61 8.61
Cash / Assets % 0.31
Liquidity (ttm)
Curr. Ratio 0.051
Quick Ratio 0.051
Interest Cov. n/a
Efficiency (ttm)
Asset Turnover 0.17
Rec's Turnover 137.4
Stock Turnover n/a
vs.
market
vs.
industry
Recent History
Latest interim period (ended 30th Nov '15) vs. prior year
Sales Growth n/a %
EPS Growth n/a %
3yr Compound Annual Growth Rate
Sales Growth n/a %
EPS Growth n/a %
DPS Growth 34.9 %
Graphical History Current Fiscal Year 2016

Broker Forecasts
31st May 2016
31st May 2017

Price Target: N/A
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (p) (p) (£) (p) (p)
Consensus Estimate - - - - - -
1m Change - - - - - -
3m Change - - - - - -
Broker Consensus Trend
Broker Recommendations for Henderson Smaller Cos Investment Trust Closed Fund
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 1 0 0

Named Brokers and Analysts
There are no named brokers.

Profile Summary

The Henderson Smaller Companies Investment Trust plc is a United Kingdom-based investment trust company. The Company's investment objective is to maximize shareholders' total returns by investing mainly in smaller companies that are quoted in the United Kingdom. The Company's principal activity is investing in shares and securities. The Company invests in a range of industry sectors, such as general industrials, finance-general, consumer services, healthcare, technology, consumer goods, materials, and oil and gas. The wholly owned subsidiaries of Henderson Group plc (Henderson) provide investment management, accounting, secretarial and administrative services to the Company. Henderson Investment Funds Limited (HIFL) is the alternative investment fund manager of the Company.

Directors: Neil Hermon (OTH) , Rachel Peat (SEC) , James Cayzer-Colvin (NEC) 50, David Lamb (NED) , Beatrice Hollond (NID) 52, Keith Percy (NID) 70, Mary Sieghart (NID) ,

No. of Employees: 0 No. of Shareholders: n/a


Last Annual May 31st, 2015
Last Interim November 30th, 2015
Incorporated December 16, 1887
Shares in Issue 74,701,796
Free Float 73.8m (98.8%)
Sector Financials
Industry Collective Investments
Index FTSE All Share , FTSE All Share Financials , FTSE All Share Equity Investment Instruments , FTSE Smallcap ,
Exchange London Stock Exchange (Full) (Dual Listing)
Eligible for an ISA? a SIPP?

Address 201 Bishopsgate, LONDON, EC2M 3AE, United Kingdom
Web http://www.henderson.com
Phone +44 20 78181818
Contact ()
Auditors PricewaterhouseCoopers LLP

HSL Share Price Performance HSLQuote
615p
-4.0  -0.6%
Traded 4:35pm · Minimum 15 min delayed · NMS: 0.500k

Latest HSL News Announcements (delayed)

Upcoming HSL Events

Recent ↓
Thursday 30th April, 2015
Dividend For 95IL.L
Thursday 12th February, 2015
Dividend For HSL.L
Thursday 6th November, 2014
Dividend For 95IL.L
Friday 3rd October, 2014
Henderson Smaller Companies Investment Trust PLC Annual Shareholders Meeting
Wednesday 17th September, 2014
Dividend For HSL.L


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