© Stockopedia 24th October, 2017

Baronsmead Second Venture Trust Ord 10p

BMD 90p 0.0  0.0%
20/10/17 0.500k

Momentum
Relative Strength (%)
1m -2.4%
3m +1.1%
1yr -5.6%
Volume Change (%)
10d v 3m +102.9%
Price vs... (%)
52w High -0.8%
50d MA +0.49%
200d MA +1.37%
vs.
market
vs.
industry
Growth & Value
12m Forecast Rolling
PE Ratio (ttm) 18.2
PEG Ratio (ttm) n/a
EPS Growth (ttm) n/a %
Dividend Yield (ttm) 23.9 %
Valuation (ttm)
Price to Book Value 0.97
Price to Tang. Book 0.97
Price to Free Cashflow n/a
Price to Sales 19.0
EV to EBITDA 28.7
Margin of Safety (beta)
Screens Passed

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

vs.
market
vs.
industry
Quality
Return on Capital 3.33 %
Return on Equity 4.65 %
Operating Margin 65.0 %
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 30th Sep 2011 2012 2013 2014 2015 2016 TTM 2017E 2018E CAGR / Avg
Revenue £m 5.19 11.0 11.3 5.99 11.4 9.36 9.36 +12.5%
Operating Profit £m 3.29 8.96 9.11 3.69 9.07 6.08 6.08 +13.1%
Net Profit £m 3.29 8.96 9.11 3.69 9.07 6.08 6.08 +13.1%
EPS Reported p 5.47 14.3 13.7 5.04 12.1 4.67 4.67 -3.1%
EPS Normalised p 5.47 14.3 13.7 5.04 12.1 4.95 4.95 -2.0%
EPS Growth % -54.7 +160.8 -3.6 -63.3 +140.5 -59.2
PE Ratio x 18.2 18.2 n/a n/a
PEG x n/a n/a n/a n/a
Profitability
Operating Margin % 63.3 81.5 80.5 61.7 79.2 65.0 65.0 +71.9%
ROA % 13.2 12.1 4.8 11.5 5.5 3.73
ROCE % 5.5 12.0 12.2 4.8 11.4 4.3 3.33 +8.4%
ROE % 13.3 12.2 4.9 11.6 5.5 4.65 +9.5%
Cashflow
Op. Cashflow ps p -0.12 -0.96 2.71 0.22 -1.44 -0.89 -1.16
Capex ps p 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Free Cashflow ps p -0.12 -0.96 2.71 0.22 -1.44 -0.89 -1.16
Last ex-div: 9th Mar, paid: 31st Mar more... Dividends
Dividend ps p 7.50 7.50 7.50 4.50 7.50 21.5 21.5 +23.4%
Dividend Growth % -40.0 +66.7 +186.7
Dividend Yield % 23.9 23.9
Dividend Cover x 0.73 1.90 1.83 1.12 1.62 0.22 0.22
Balance Sheet
Cash etc £m 0.68 3.24 7.56 10.3 11.3 24.1 2.71 +104%
Working Capital £m 0.78 7.82 7.15 10.2 11.3 24.3 1.38 +98.8%
Net Fixed Assets £m 59.3 66.7 67.7 66.4 67.8 116.6 181.3 +14.5%
Net Debt £m -0.68 -3.24 -7.56 -10.3 -11.3 -24.1 -2.71
Book Value £m 60.1 74.6 74.9 76.6 79.2 140.9 182.7 +18.6%
Average Shares m 60.1 62.9 66.3 73.2 74.7 130.2 151.9 +16.7%
Book Value ps p 100.2 111.6 113.4 101.7 106.5 92.2 91.6 -1.6%

FINANCIAL BRIEF: For the six months ended 31 March 2017, Baronsmead Second Venture Trust PLC revenues totaled £7.9M. Net income totaled to £5.2M. Results are not comparable due to year end change. more »

Health Trend
Bankruptcy Risk
N/A Earnings Manipulation Risk
Magic Formula Score
Other Ratios
Leverage (ttm) Total -Intang +Pension
Gross Gearing %
Net Gearing % -1.48 -1.48 -1.48
Cash / Assets % 1.47 1.47
Liquidity (ttm)
Curr. Ratio 1.90
Quick Ratio 1.90
Interest Cov. n/a
Efficiency (ttm)
Asset Turnover 0.057
Rec's Turnover 96.0
Stock Turnover n/a
vs.
market
vs.
industry
Recent History
Latest interim period (ended 31st Mar '17) vs. prior year
Sales Growth 114 %
EPS Growth 132.8 %
3yr Compound Annual Growth Rate
Sales Growth -6.15 %
EPS Growth -28.8 %
DPS Growth 42.1 %
Graphical History Current Fiscal Year 2017

Broker Forecasts
30th Sep 2017
30th Sep 2018

Price Target: N/A
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a () () () () () ()
Consensus Estimate - - - - - -
1m Change - - - - - -
3m Change - - - - - -
Broker Consensus Trend
Broker Recommendations for Baronsmead Second Venture Trust Ord 10p
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts:

Named Brokers and Analysts
There are no named brokers.

Profile Summary

Baronsmead Second Venture Trust plc, formerly Baronsmead VCT 3 Plc, is a United kingdom-based investment company. The Company seeks to achieve long-term investment returns for private investors. The Company's segment is being investing in a portfolio of the United Kingdom growth businesses, whether unquoted or trade on Alternative Investment Market (AIM). The Company invests in a range of securities, including, but not limited to, ordinary and preference shares, loan stocks, convertible securities and fixed interest bearing securities, as well as cash. The Company invests in a range of sectors, which include technology, media and telecommunications (TMT), business services, consumer markets, and healthcare and education. Livingbridge VC LLP is the investment manager of the Company.

No Management Information.

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


Last Annual September 30th, 2016
Last Interim March 31st, 2017
Incorporated November 22, 2000
Public Since January 30, 2001
Shares in Issue 197,344,707
Free Float 176.5m (89.5%)
Sector Financials
Industry Investment Banking & Investment Services
Index
Exchange London Stock Exchange (Full) (Dual Listing)
Eligible for an ISA? a SIPP?

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