© Stockopedia 17th October, 2017

Murray Income Trust Closed Fund

MUT 786p -6.0  -0.8%
8:28am 0.500k

Momentum
Relative Strength (%)
1m -2.0%
3m -2.1%
1yr -0.3%
Volume Change (%)
10d v 3m +38.3%
Price vs... (%)
52w High -4.0%
50d MA +1.01%
200d MA +1.74%
vs.
market
vs.
industry
Growth & Value
12m Forecast Rolling
PE Ratio (ttm) 5.97
PEG Ratio (ttm) n/a
EPS Growth (ttm) 231.8 %
Dividend Yield (ttm) 4.14 %
Valuation (ttm)
Price to Book Value 0.92
Price to Tang. Book 0.92
Price to Free Cashflow 21.6
Price to Sales 5.65
EV to EBITDA 6.17
Margin of Safety (beta)
Screens Passed

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

vs.
market
vs.
industry
Quality
Return on Capital 15.5 %
Return on Equity 16.3 %
Operating Margin 95.3 %
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 30th Jun 2012 2013 2014 2015 2016 2017 2018E 2019E CAGR / Avg
Revenue £m 8.72 82.2 73.3 -6.79 31.9 93.9 +60.8%
Operating Profit £m 4.60 78.0 68.8 -11.5 27.5 89.4 +81.0%
Net Profit £m 4.35 77.6 68.4 -11.5 27.1 89.0 +82.9%
EPS Reported p 6.70 117.5 100.7 -16.8 40.0 132.7 +81.7%
EPS Normalised p 6.70 117.5 100.7 -16.8 40.0 132.7 +81.7%
EPS Growth % -95.6 +1,653 -14.2 +231.8
PE Ratio x 5.97 n/a n/a
PEG x n/a n/a n/a
Profitability
Operating Margin % 52.7 94.9 93.8 169.7 86.2 95.3 +98.7%
ROA % 15.5 12.1 -2.0 4.7 14.9
ROCE % 1.1 15.8 12.6 -2.2 5.3 15.5 +8.0%
ROE % 16.9 13.1 -2.2 5.3 16.3 +9.9%
Cashflow
Op. Cashflow ps p 27.0 26.5 25.3 20.6 28.1 36.7 +6.3%
Capex ps p 0.000 0.000 0.000 0.000 0.000 0.000
Free Cashflow ps p 27.0 26.5 25.3 20.6 28.1 36.7 +6.3%
Last ex-div: 14th Dec, paid: 12th Jan more... Dividends
Dividend ps p 29.8 30.8 31.3 32.0 32.3 32.8 +1.9%
Dividend Growth % +3.48 +3.36 +1.63 +2.40 +0.78 +1.55
Dividend Yield % 4.14
Dividend Cover x 0.23 3.82 3.22 -0.53 1.24 4.05
Balance Sheet
Cash etc £m 19.9 12.5 12.6 17.9 10.3 25.8 +5.4%
Working Capital £m -17.9 -24.7 -30.9 -31.5 -38.5 -18.9
Net Fixed Assets £m 443.4 517.6 578.5 547.3 553.5 595.4 +6.1%
Net Debt £m 20.1 27.5 32.4 37.1 44.7 21.3
Book Value £m 425.5 492.9 547.7 515.9 515 576.5 +6.3%
Average Shares m 64.9 66.1 67.9 68.1 67.9 67.1 +0.6%
Book Value ps p 649.6 734.6 805.2 757.1 766.5 860.1 +5.8%

FINANCIAL BRIEF: For the fiscal year ended 30 June 2017, Murray Income Trust plc revenues increased from £31.9M to £93.9M. Net income increased from £27.1M to £89M. Revenues reflect Gains on investments increase from £6.9M to £69.3M, Dividends increase of 7% to £24.7M, Traded option premiums increase of 12% to £2M. Net income benefited from Administrative expenses - Balancing valu decrease of 2% to £648K (expense). more »

Health Trend
Bankruptcy Risk
N/A Earnings Manipulation Risk
Magic Formula Score
Other Ratios
Leverage (ttm) Total -Intang +Pension
Gross Gearing % 8.18 8.18 8.18
Net Gearing % 3.70 3.70 3.70
Cash / Assets % 4.13 4.13
Liquidity (ttm)
Curr. Ratio 0.61
Quick Ratio 0.61
Interest Cov. n/a
Efficiency (ttm)
Asset Turnover 0.15
Rec's Turnover n/a
Stock Turnover n/a
vs.
market
vs.
industry
Recent History
Latest interim period (ended 30th Jun '17) vs. prior year
Sales Growth 33.5 %
EPS Growth 36.5 %
3yr Compound Annual Growth Rate
Sales Growth 8.58 %
EPS Growth 9.62 %
DPS Growth 1.58 %
Graphical History Current Fiscal Year 2018

Broker Forecasts
30th Jun 2018
30th Jun 2019

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 Murray Income 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

Murray Income Trust PLC is an investment trust. The Company's investment objective is to provide high and growing income combined with capital growth through investment in a portfolio of equities in the United Kingdom. The Company invests in the shares of companies that have potential for real earnings and dividend growth, while at the same time providing an above-average portfolio yield. The Company invests in a diversified range of companies based in the United Kingdom and overseas, following a bottom-up investment process based on the evaluation of companies. The Company invests in various sectors, such as oil and gas, basic materials, industrials, consumer goods, healthcare, consumer services, telecommunications, utilities, technology and financials. The Company is managed by Aberdeen Fund Managers Limited.

No Management Information.

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


Last Annual June 30th, 2017
Last Interim June 30th, 2017
Incorporated June 8, 1923
Shares in Issue 67,022,458
Free Float 66.1m (98.6%)
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?

MUT Share Price Performance MUTQuote
786p
-6.0  -0.8%
Traded 8:28am · Minimum 15 min delayed · NMS: 0.500k

Latest MUT News Announcements (delayed)

Upcoming MUT Events

Recent ↓
Thursday 4th June, 2015
Dividend For MUT.L
Thursday 5th March, 2015
Dividend For MUT.L
Tuesday 17th February, 2015
Half Year 2015 Murray Income Trust PLC Earnings Release
Thursday 18th December, 2014
Dividend For MUT.L
Wednesday 29th October, 2014
Q3 2014 Murray Income Trust PLC Interim Management Statement Release
Wednesday 29th October, 2014
Murray Income Trust PLC Annual Shareholders Meeting
Wednesday 24th September, 2014
Dividend For MUT.L
Wednesday 10th September, 2014
Full Year 2014 Murray Income Trust PLC Earnings Release


Use of our data service is subject to express Terms of Service. Please see our full site disclaimer for more details. In particular, it is very important to do your own research (DYOR) and seek professional advice before making any investment based on your own personal circumstances. Please note that the information, data and analysis contained within this stock report: (a) include the proprietary information of Stockopedia's third party licensors and Stockopedia; (b) should not be copied or redistributed except as specifically authorised; and (c) are not warranted to be complete, accurate or timely. You should independently research and verify any information that you find in this report. Stockopedia will not be liable in respect of any loss, trading or otherwise, that you may suffer arising out of such information or any reliance you may place upon it. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up. © Stockopedia 2017.


Should you buy MUT

Access MUT Analytics Now!

FREE TRIAL or TAKE THE TOUR
Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis