Capital Gearing Trust p.l.c - CGT.L

CGT.L Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
CGT.L	-0.1	1.2	1.4	1.4	2.4	4.3	-4.5	9.2	42.5	16753.3
S&P 500	0.6	1.5	1.9	5.0	9.6	25.1	38.0	83.0	196.6	34364.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	CGT.L
name	Capital Gearing Trust p.l.c
price	4815
changes percentage	-0.1037
change	-5
day low	4790.5
day high	4830
year high	4890
year low	4520
market cap	908701245
price avg 50	4777.7
price avg 200	4750.05
exchange	LSE
volume	43310
avg volume	43071
open	4790.5
previous close	4820
eps	2.937103
pe	16.39
earnings announcement	2025-01-21T10:59:00.000+0000
shares outstanding	18872300
timestamp	2025-01-22 16:37:26

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 50.0%

Overall Quarterly Financial Health: 57.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	22432000	-48677000	146.08
gross profit	19201000	-53477000	135.91
gross profit ratio	0.86	1.1	-22.09
research and development expenses	0	0	NaN
operating expenses	5368000	974000	451.13
interest income	15392000	13789000	11.63
interest expense	0	0	NaN
ebitda	0	0	NaN
ebitdaratio	0	0.01	-100.00
operating income	17064000	-49104000	134.75
operating income ratio	0.76	1.01	-24.59
net income	13735000	-51390000	126.73
net income ratio	0.61	1.06	-42.00
eps	0.56	-2.06	127.18

Overall Score of Annual Income Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 22 million in 2023 from -49 million in 2022 representing a change of 146.08%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 19 million in 2023 from -53 million in 2022 representing a change of 135.91%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 5 million in 2023 from 1 million in 2022 representing a change of 451.13%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Operating Income: Operating income increased to 17 million in 2023 from -49 million in 2022 representing a change of 134.75%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 14 million in 2023 from -51 million in 2022 representing a change of 126.73%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.56 in 2023 from 0.56 in 2022 representing a change of 127.18%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q2	Q/Q change %
0000000000
revenue	36035000	-13603000	364.90
gross profit	31815000	-15791000	301.48
gross profit ratio	0.88	1.16	-23.94
research and development expenses	0	0	NaN
operating expenses	2642000	1404000	88.18
interest income	66786000	0	NaN
interest expense	0	0	NaN
ebitda	0	-16329000	100.00
ebitdaratio	0	-0.13	100.00
operating income	33393000	-18229000	283.19
operating income ratio	0.93	1.34	-30.85
net income	31964000	25344195	26.12
net income ratio	0.89	-1.86	147.61
eps	1.37	25344195	-100.00

Overall Score of Quarterly Income Statement

0.71 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 36 million in 2023Q4 from -14 million in 2023Q2 representing a change of 364.9%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 32 million in 2023Q4 from -16 million in 2023Q2 representing a change of 301.48%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 0 million in 2023Q4 from -16 million in 2023Q2 representing a change of 100.0%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 33 million in 2023Q4 from -18 million in 2023Q2 representing a change of 283.19%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 32 million in 2023Q4 from 25 million in 2023Q2 representing a change of 26.12%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 3 million in 2023Q4 from 1 million in 2023Q2 representing a change of 88.18%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Earnings per Share (EPS): EPS increased to 1.37 in 2023Q4 from 1.37 in 2023Q2 representing a change of -100.0%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	1069935000	1273459000	-15.98
total liabilities	9762000	13740000	-28.95
total equity	1060173000	1259719000	-15.84
cash and cash equivalents	11643000	13766000	-15.42
short term investments	0	0	NaN
long term investments	1053792000	1251801000	-15.82
total current assets	16143000	21658000	-25.46
total non current assets	1053792001	1251801000	-15.82
total current liabilities	9762000	13740000	-28.95
total non current liabilities	0	13740000	-100.00
common stock	5510000	6645000	-17.08
retained earnings	0	151305000	-100.00
total debt	0	0	NaN

Overall Score of Annual Balance Sheet

0.25 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 1,070 million in 2023 from 1,273 million in 2022 representing a change of -15.98%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 1,060 million in 2023 from 1,260 million in 2022 representing a change of -15.84%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 12 million in 2023 from 14 million in 2022 representing a change of -15.42%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 16 million in 2023 from 22 million in 2022 representing a change of -25.46%. This indicates a worsen liquidity position.

  Common Stock: Common Stock decreased to 6 in 2023 from 7 in 2022 representing a change of -17.08%. This indicates a decrease in ownership interest.

  Retained Earnings: Retained Earnings decreased to 0 million in 2023 from 151 million in 2022 representing a change of -100.0%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 10 million in 2023 from 14 million in 2022 representing a change of -28.95%. This indicates a decrease in overall liabilities.

  Total Current Liabilities: Total Current Liabilities decreased to 10 million in 2023 from 14 million in 2022 representing a change of -28.95%. This indicates a lower short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q2	Q/Q change %
0000000000
total assets	1069935000	1137330000	-5.93
total liabilities	9762000	13482000	-27.59
total equity	1060173000	1123848000	-5.67
cash and cash equivalents	11643000	5006000	132.58
short term investments	0	0	NaN
long term investments	1053792000	1128048000	-6.58
total current assets	16143000	9282000	73.92
total non current assets	1053792001	1128048000	-6.58
total current liabilities	9762000	13482000	-27.59
total non current liabilities	0	13482000	-100.00
common stock	5510000	6645000	-17.08
retained earnings	0	15434000	-100.00
total debt	0	0	NaN

Overall Score of Quarterly Balance Sheet

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 1,070 million in 2023Q4 from 1,137 million in 2023Q2 representing a change of -5.93%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 1,060 million in 2023Q4 from 1,124 million in 2023Q2 representing a change of -5.67%. This indicates a decrease in shareholders' equity.

  Common Stock: Common Stock decreased to 6 in 2023Q4 from 7 in 2023Q2 representing a change of -17.08%. This indicates a decrease in ownership interest.

  Retained Earnings: Retained Earnings decreased to 0 million in 2023Q4 from 15 million in 2023Q2 representing a change of -100.0%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 10 million in 2023Q4 from 13 million in 2023Q2 representing a change of -27.59%. This indicates a decrease in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 12 million in 2023Q4 from 5 million in 2023Q2 representing a change of 132.58%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 16 million in 2023Q4 from 9 million in 2023Q2 representing a change of 73.92%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 10 million in 2023Q4 from 13 million in 2023Q2 representing a change of -27.59%. This indicates a lower short-term debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-2123000	-36845000	94.24
operating cash flow	10612000	16499000	-35.68
free cash flow	10612000	16499000	-35.68
capital expenditure	0	0	NaN
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	196754000	-323607000	160.80
debt repayment	0	0	NaN
common stock issued	0	297172000	-100.00
common stock repurchased	-191334000	-15315000	-1149.32
dividends paid	-18155000	-10558000	-71.95
net cash used provided by financing activities	-209489000	270263000	-177.51
cash at end of period	11643000	13766000	-15.42
accounts receivables	0	0	NaN
cash at beginning of period	13766000	50611000	-72.80

Overall Score of Annual Cashflow Statement

0.25 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to -2 million in 2023 from -37 million in 2022 representing a change of 94.24%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 11 million in 2023 from 16 million in 2022 representing a change of -35.68%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 11 million in 2023 from 16 million in 2022 representing a change of -35.68%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Dividends Paid: Dividends Paid decreased to -18 million in 2023 from -11 million in 2022 representing a change of -71.95%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q2	Q/Q change %
0000000000
operating cash flow	4791000	5821000	-17.69
free cash flow	4791000	5821000	-17.69
capital expenditure	0	0	NaN
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	190926000	101291000	88.49
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	-91039000	-100295000	9.23
dividends paid	-5156000	-15577000	66.90
net cash used provided by financing activities	-187234000	-115872000	-61.59
net change in cash	6637000	-8760000	175.76
cash at end of period	11643000	5006000	132.58
cash at beginning of period	5006000	13766000	-63.64

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 7 million in 2023Q4 from -9 million in 2023Q2 representing a change of 175.76%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Dividends Paid: Dividends Paid increased to -5 million in 2023Q4 from -16 million in 2023Q2 representing a change of 66.9%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 5 million in 2023Q4 from 6 million in 2023Q2 representing a change of -17.69%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 5 million in 2023Q4 from 6 million in 2023Q2 representing a change of -17.69%. This indicates a decrease in cash generated after accounting for capital expenditures.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2024-03-31	2023-03-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0.92	-1.95	147.22
net income per share	0.56	-2.06	127.38
operating cash flow per share	0.44	0.66	-34.10
free cash flow per share	0.44	0.66	-34.10
cash per share	0.48	0.55	-13.34
book value per share	43.6	50.57	-13.77
tangible book value per share	43.6	50.57	-13.77
shareholders equity per share	43.6	50.57	-13.77
interest debt per share	0	0	NaN
market cap	1141529905.2	1178338356.8	-3.12
enterprise value	1129886905.2	1164572356.8	-2.98
pe ratio	83.11	-22.93	462.47
price to sales ratio	50.89	-24.21	310.22
pocfratio	107.57	71.42	50.62
pfcf ratio	107.57	71.42	50.62
pb ratio	1.08	0.94	15.11
ptb ratio	1.08	0.94	15.11
ev to sales	50.37	-23.92	310.54
enterprise value over ebitda	0	0	NaN
ev to operating cash flow	106.47	70.58	50.84
ev to free cash flow	106.47	70.58	50.84
earnings yield	0.01	-0.04	127.59
free cash flow yield	0.01	0.01	-33.61
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	0	0	NaN
current ratio	1.65	1.58	4.91
interest coverage	0	0	NaN
income quality	0.77	-0.33	332.51
dividend yield	0.02	0.01	77.50
payout ratio	1.32	-0.21	743.38
sales general and administrative to revenue	0.19	-0.02	1057.55
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	23.54	48.45	-51.41
roic	0.01	-0.04	132.32
return on tangible assets	0.01	-0.04	131.81
graham net net	0.08	-0.16	149.17
working capital	6381000	7918000	-19.41
tangible asset value	1060173000	1259719000	-15.84
net current asset value	6381000	7918000	-19.41
invested capital	6381000	7918000	-19.41
average receivables	0	0	NaN
average payables	0	0	NaN
average inventory	-3946000	-11639000	66.10
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	-600.12	100.00
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	-0.61	100.00
roe	0.01	-0.04	131.76
capex per share	0	0	NaN

• Negative

  ROE: Return on Equity (ROE) increased to 0.01 on 2024-03-31 from -0.04 on 2023-03-31, representing a change of 131.76%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 83.11 on 2024-03-31 from -22.93 on 2023-03-31, representing a change of 462.47%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 1.65 on 2024-03-31 from 1.58 on 2023-03-31, representing a change of 4.91%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-03-31 Q4	2023-09-30 Q2	Q/Q change %
CGT.L
calendar year	2023	2023	NaN
revenue per share	1.55	-0.54	388.35
net income per share	1.37	1.0	37.28
operating cash flow per share	0.21	0.23	-10.41
free cash flow per share	0.21	0.23	-10.41
cash per share	0.5	0.2	153.17
book value per share	45.53	44.34	2.68
tangible book value per share	45.53	44.34	2.68
shareholders equity per share	45.53	44.34	2.68
interest debt per share	0	0	NaN
market cap	1093150465.5	1162033587.4	-5.93
enterprise value	1081507465.5	1157027587.4	-6.53
pe ratio	8.55	11.46	-25.41
price to sales ratio	30.34	-85.42	135.51
pocfratio	228.17	199.63	14.30
pfcf ratio	228.17	199.63	14.30
pb ratio	1.03	1.03	-0.28
ptb ratio	1.03	1.03	-0.28
ev to sales	30.01	-85.06	135.29
enterprise value over ebitda	0	-70.86	100.00
ev to operating cash flow	225.74	198.77	13.57
ev to free cash flow	225.74	198.77	13.57
earnings yield	0.03	0.02	34.07
free cash flow yield	0.0	0.01	-12.51
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	0	0.31	-100.00
current ratio	1.65	0.69	140.19
interest coverage	0	0	NaN
income quality	0.15	-0.32	146.94
dividend yield	0.0	0.01	-64.81
payout ratio	0.16	0.61	-73.76
sales general and administrative to revenue	0.06	-0.08	172.81
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	37.5	31.59	18.73
roic	0.03	0	NaN
return on tangible assets	0.03	0.02	34.06
graham net net	0.08	-0.21	138.86
working capital	6381000	-4200000	251.93
tangible asset value	1060173000	1123848000	-5.67
net current asset value	6381000	-4200000	251.93
invested capital	6381000	-4200000	251.93
average receivables	None	None	NaN
average payables	None	None	NaN
average inventory	None	None	NaN
days sales outstanding	0	-28.29	100.00
days payables outstanding	0	554.56	-100.00
days of inventory on hand	0	0	NaN
receivables turnover	0	-3.18	100.00
payables turnover	0	0.16	-100.00
inventory turnover	0	0	NaN
roe	0.03	0.02	33.69
capex per share	0	0	NaN

• Negative

  ROE: Return on Equity (ROE) increased to 0.03 on 2024-03-31 Q4 from 0.02 on 2023-09-30 Q2, representing a change of 33.69%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 8.55 on 2024-03-31 Q4 from 11.46 on 2023-09-30 Q2, representing a change of -25.41%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 1.65 on 2024-03-31 Q4 from 0.69 on 2023-09-30 Q2, representing a change of 140.19%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is 43.69 which is lower than current price 4815, indicates the company may be overvalued.