RCS - Temple Bar Inv.Tst. - Annual Overview from QuotedData

Temple Bar Investment TrustAnnouncement

22/10/2024 17:30

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RNS Number : 1938J  Temple Bar Investment Trust PLC  22 October 2024

Temple Bar - Annual Overview from QuotedData

22(nd) October 2024

Historic Opportunity

Over the past three years, the Temple Bar Investment Trust (TMPL) has
delivered a share price total return of 40%, comfortably outperforming both
its benchmark index and the wider UK equity income peer group.

Impressively, the company is also well ahead of high-flying US indices over
this period, highlighting the attractions of investing in the UK, despite the
economic challenges experienced over the last few years. These returns provide
further vindication of the managers' strategy of investing in companies which
trade at deep discounts (https://quoteddata.com/glossary/discount-to-nav/)
 to their intrinsic value. We believe there has arguably never been a better
time to capitalise on these opportunities.

Despite the recent returns, the TMPL portfolio remains attractively priced
(https://quoteddata.com/glossary/price-earnings-ratio-p-e-ratio/)  at around
8x 2024 earnings, around a 35% discount to the UK market and less than a third
of current US multiples. There remains significant upside as economic
conditions become more favourable and sentiment in the UK continues to
improve.

Full Research:

https://quoteddata.com/research/temple-bar-historic-opportunity-qd/
(https://quoteddata.com/research/temple-bar-historic-opportunity-qd/) This
research is also available free on our website www.quoteddata.com
(http://www.quoteddata.com) where you will also find news, performance data
and factsheets on every London listed Investment Company. QuotedData writes
and distributes research on a number of quoted companies, facilitates meetings
between those companies and existing and potential investors and assists in
raising additional capital where required.

NB: Marten & Co was paid to produce this note on Temple Bar Investment
Trust Plc, and it is for information purposes only. It is not intended to
encourage the reader to deal in the security or securities mentioned in this
report. Please read the important information at the back of this note.
QuotedData is a trading name of Marten & Co Limited which is authorised
and regulated by the Financial Conduct Authority. Marten & Co is not
permitted to provide investment advice to individual investors categorised as
Retail Clients under the rules of the Financial Conduct Authority.

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