The Henderson Smaller Companies Investment Trust plc Logo

The Henderson Smaller Companies Investment Trust plc

HSL.L

(1.5)
Stock Price

818,00 GBp

7.9% ROA

9.95% ROE

9.36x PER

Market Cap.

629.297.946,00 GBp

14.12% DER

3.19% Yield

88.55% NPM

The Henderson Smaller Companies Investment Trust plc Stock Analysis

The Henderson Smaller Companies Investment Trust plc Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

The Henderson Smaller Companies Investment Trust plc Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.7x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a low debt to equity ratio (6%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

4 ROE

Negative ROE (-19.22%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-19.05%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

8 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-10) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

The Henderson Smaller Companies Investment Trust plc Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

The Henderson Smaller Companies Investment Trust plc Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

The Henderson Smaller Companies Investment Trust plc Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

The Henderson Smaller Companies Investment Trust plc Revenue
Year Revenue Growth
2003 62.781.000
2004 45.402.000 -38.28%
2005 71.639.000 36.62%
2006 103.964.000 31.09%
2007 -63.223.000 264.44%
2008 -88.083.000 28.22%
2009 62.679.000 240.53%
2010 98.435.000 36.32%
2011 -10.929.000 1000.68%
2012 128.221.000 108.52%
2013 80.410.000 -59.46%
2014 96.115.000 16.34%
2015 -6.287.000 1628.79%
2016 154.908.000 104.06%
2017 108.423.000 -42.87%
2018 -49.139.000 320.65%
2019 -56.234.000 12.62%
2020 369.391.000 115.22%
2021 -171.836.000 314.97%
2022 -108.551.000 -58.3%
2023 297.316.000 136.51%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

The Henderson Smaller Companies Investment Trust plc Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 -1 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 -11 100%
2020 9 237.5%
2021 -5 300%
2022 -5 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

The Henderson Smaller Companies Investment Trust plc General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 334.000
2004 319.000 -4.7%
2005 960.000 66.77%
2006 2.721.000 64.72%
2007 -1.303.000 308.83%
2008 -790.000 -64.94%
2009 329.000 340.12%
2010 2.051.000 83.96%
2011 422.000 -386.02%
2012 489.000 13.7%
2013 443.000 -10.38%
2014 472.000 6.14%
2015 487.000 3.08%
2016 566.000 13.96%
2017 622.000 9%
2018 723.000 13.97%
2019 560.000 -29.11%
2020 726.000 22.87%
2021 728.000 0.27%
2022 731.000 0.41%
2023 2.298.000 68.19%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

The Henderson Smaller Companies Investment Trust plc EBITDA
Year EBITDA Growth
2003 61.554.000
2004 43.963.000 -40.01%
2005 69.559.000 36.8%
2006 99.901.000 30.37%
2007 -63.003.000 258.57%
2008 -87.980.000 28.39%
2009 61.671.000 242.66%
2010 95.478.000 35.41%
2011 -12.359.000 872.54%
2012 129.967.000 109.51%
2013 82.500.000 -57.54%
2014 98.273.000 16.05%
2015 -4.255.000 2409.59%
2016 155.621.000 102.73%
2017 109.233.000 -42.47%
2018 -2.874.000 3900.73%
2019 -2.914.000 1.37%
2020 -2.844.000 -2.46%
2021 -3.745.000 24.06%
2022 -6.644.000 43.63%
2023 -4.230.000 -57.07%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

The Henderson Smaller Companies Investment Trust plc Gross Profit
Year Gross Profit Growth
2003 62.781.000
2004 45.402.000 -38.28%
2005 71.639.000 36.62%
2006 103.964.000 31.09%
2007 -63.223.000 264.44%
2008 -88.083.000 28.22%
2009 62.679.000 240.53%
2010 98.435.000 36.32%
2011 -10.929.000 1000.68%
2012 128.221.000 108.52%
2013 80.410.000 -59.46%
2014 96.115.000 16.34%
2015 -8.249.000 1265.17%
2016 154.919.000 105.32%
2017 108.434.000 -42.87%
2018 -51.678.000 309.83%
2019 -58.755.000 12.04%
2020 377.846.000 115.55%
2021 -175.280.000 315.57%
2022 -111.003.000 -57.91%
2023 292.720.000 137.92%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

The Henderson Smaller Companies Investment Trust plc Net Profit
Year Net Profit Growth
2003 59.310.000
2004 41.509.000 -42.88%
2005 67.005.000 38.05%
2006 96.768.000 30.76%
2007 -66.112.000 246.37%
2008 -90.365.000 26.84%
2009 59.540.000 251.77%
2010 93.342.000 36.21%
2011 -14.622.000 738.37%
2012 127.718.000 111.45%
2013 79.958.000 -59.73%
2014 95.631.000 16.39%
2015 -6.783.000 1509.86%
2016 154.332.000 104.4%
2017 107.801.000 -43.16%
2018 -49.862.000 316.2%
2019 -56.799.000 12.21%
2020 368.651.000 115.41%
2021 -172.565.000 313.63%
2022 -109.287.000 -57.9%
2023 290.096.000 137.67%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

The Henderson Smaller Companies Investment Trust plc Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 1
2004 0 0%
2005 1 0%
2006 1 100%
2007 -1 0%
2008 -1 100%
2009 1 0%
2010 1 100%
2011 0 0%
2012 2 100%
2013 1 0%
2014 1 0%
2015 0 0%
2016 2 100%
2017 1 -100%
2018 -1 0%
2019 -1 0%
2020 5 100%
2021 -2 300%
2022 -1 -100%
2023 4 133.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

The Henderson Smaller Companies Investment Trust plc Free Cashflow
Year Free Cashflow Growth
2011 3.165.000
2012 -2.882.000 209.82%
2013 -4.843.000 40.49%
2014 11.449.000 142.3%
2015 556.000 -1959.17%
2016 5.895.000 90.57%
2017 10.943.000 46.13%
2018 19.036.000 42.51%
2019 5.399.000 -252.58%
2020 1.349.750 -300%
2020 1.017.000 -32.72%
2021 13.438.000 92.43%
2022 21.871.000 38.56%
2023 -5.421.500 503.41%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

The Henderson Smaller Companies Investment Trust plc Operating Cashflow
Year Operating Cashflow Growth
2011 3.165.000
2012 -2.882.000 209.82%
2013 -4.843.000 40.49%
2014 11.449.000 142.3%
2015 556.000 -1959.17%
2016 5.895.000 90.57%
2017 10.943.000 46.13%
2018 19.036.000 42.51%
2019 5.399.000 -252.58%
2020 1.349.750 -300%
2020 1.017.000 -32.72%
2021 13.438.000 92.43%
2022 21.871.000 38.56%
2023 -5.421.500 503.41%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

The Henderson Smaller Companies Investment Trust plc Capital Expenditure
Year Capital Expenditure Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

The Henderson Smaller Companies Investment Trust plc Equity
Year Equity Growth
2003 197.543.000
2004 218.071.000 9.41%
2005 280.953.000 22.38%
2006 339.700.000 17.29%
2007 255.471.000 -32.97%
2008 156.349.000 -63.4%
2009 207.533.000 24.66%
2010 298.184.000 30.4%
2011 279.926.000 -6.52%
2012 403.420.000 30.61%
2013 476.281.000 15.3%
2014 563.321.000 15.45%
2015 546.080.000 -3.16%
2016 688.460.000 20.68%
2017 782.068.000 11.97%
2018 716.145.000 -9.21%
2019 641.796.000 -11.58%
2020 992.898.000 35.36%
2021 802.599.000 -23.71%
2022 675.387.000 -18.84%
2023 747.340.000 9.63%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

The Henderson Smaller Companies Investment Trust plc Assets
Year Assets Growth
2003 228.563.000
2004 246.215.000 7.17%
2005 320.887.000 23.27%
2006 383.908.000 16.42%
2007 290.781.000 -32.03%
2008 177.320.000 -63.99%
2009 229.851.000 22.85%
2010 328.680.000 30.07%
2011 306.124.000 -7.37%
2012 441.285.000 30.63%
2013 523.410.000 15.69%
2014 618.705.000 15.4%
2015 608.786.000 -1.63%
2016 759.345.000 19.83%
2017 856.572.000 11.35%
2018 780.339.000 -9.77%
2019 720.207.000 -8.35%
2020 1.088.316.000 33.82%
2021 905.617.000 -20.17%
2022 776.681.000 -16.6%
2023 854.380.000 9.09%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

The Henderson Smaller Companies Investment Trust plc Liabilities
Year Liabilities Growth
2003 31.020.000
2004 28.144.000 -10.22%
2005 39.934.000 29.52%
2006 44.208.000 9.67%
2007 35.310.000 -25.2%
2008 20.971.000 -68.38%
2009 22.318.000 6.04%
2010 30.496.000 26.82%
2011 26.198.000 -16.41%
2012 37.865.000 30.81%
2013 47.129.000 19.66%
2014 55.384.000 14.91%
2015 62.706.000 11.68%
2016 70.885.000 11.54%
2017 74.504.000 4.86%
2018 64.194.000 -16.06%
2019 78.411.000 18.13%
2020 95.418.000 17.82%
2021 103.018.000 7.38%
2022 101.294.000 -1.7%
2023 107.040.000 5.37%

The Henderson Smaller Companies Investment Trust plc Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.02
Net Income per Share
0.9
Price to Earning Ratio
9.36x
Price To Sales Ratio
8.26x
POCF Ratio
48.92
PFCF Ratio
48.74
Price to Book Ratio
0.85
EV to Sales
9.52
EV Over EBITDA
-13.74
EV to Operating CashFlow
56.19
EV to FreeCashFlow
56.19
Earnings Yield
0.11
FreeCashFlow Yield
0.02
Market Cap
0,63 Bil.
Enterprise Value
0,73 Bil.
Graham Number
14.27
Graham NetNet
-1.13

Income Statement Metrics

Net Income per Share
0.9
Income Quality
0.19
ROE
0.1
Return On Assets
0.08
Return On Capital Employed
0.09
Net Income per EBT
1
EBT Per Ebit
0.93
Ebit per Revenue
0.95
Effective Tax Rate
-0.02

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.97
Operating Profit Margin
0.95
Pretax Profit Margin
0.89
Net Profit Margin
0.89

Dividends

Dividend Yield
0.03
Dividend Yield %
3.19
Payout Ratio
0.4
Dividend Per Share
0.27

Operating Metrics

Operating Cashflow per Share
0.17
Free CashFlow per Share
0.17
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.09
Return on Tangible Assets
0.08
Days Sales Outstanding
56.33
Days Payables Outstanding
93.39
Days of Inventory on Hand
1491.77
Receivables Turnover
6.48
Payables Turnover
3.91
Inventory Turnover
0.24
Capex per Share
0

Balance Sheet

Cash per Share
0,12
Book Value per Share
10,01
Tangible Book Value per Share
10.01
Shareholders Equity per Share
10.01
Interest Debt per Share
1.41
Debt to Equity
0.14
Debt to Assets
0.12
Net Debt to EBITDA
-1.82
Current Ratio
0.37
Tangible Asset Value
0,75 Bil.
Net Current Asset Value
-0,09 Bil.
Invested Capital
-36246000
Working Capital
-0,04 Bil.
Intangibles to Total Assets
0
Average Receivables
0,01 Bil.
Average Payables
0,00 Bil.
Average Inventory
-1257000
Debt to Market Cap
0.17

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

The Henderson Smaller Companies Investment Trust plc Dividends
Year Dividends Growth
1972 0
1973 0 0%
1974 0 0%
1975 0 0%
1976 0 0%
1977 1 0%
1978 1 0%
1979 1 100%
1980 1 0%
1981 1 0%
1982 2 0%
1983 2 0%
1984 2 0%
1985 1 0%
1986 2 50%
1987 2 0%
1988 4 33.33%
1989 2 -200%
1990 3 66.67%
1991 4 0%
1992 4 0%
1993 4 0%
1994 4 0%
1995 4 0%
1996 4 0%
1997 4 0%
1998 4 0%
1999 4 0%
2000 1 0%
2001 1 0%
2002 1 0%
2003 1 0%
2004 1 100%
2005 1 0%
2006 1 0%
2007 2 0%
2008 2 0%
2009 3 50%
2010 4 33.33%
2011 4 25%
2012 6 20%
2013 7 16.67%
2014 11 45.45%
2015 14 15.38%
2016 15 13.33%
2017 18 16.67%
2018 21 14.29%
2019 23 8.7%
2020 24 0%
2021 24 0%
2022 24 4.17%
2023 26 7.69%
2024 27 3.7%

The Henderson Smaller Companies Investment Trust plc Profile

About The Henderson Smaller Companies Investment Trust plc

The Henderson Smaller Companies Investment Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of small cap companies. It employs fundamental analysis with a bottom-up stock picking approach, focusing on factors such as management quality, financial structure, balance sheet, cash flow, and earnings to create its portfolio. The fund benchmarks the performance of its portfolio against the NUMIS Smaller Companies (ex Investment Companies) Index. The Henderson Smaller Companies Investment Trust plc was formed on December 16, 1887 and is domiciled in the United Kingdom.

CEO
Mr. Neil Martin Hermon
Employee
0
Address
201 Bishopsgate
London, EC2M 3AE

The Henderson Smaller Companies Investment Trust plc Executives & BODs

The Henderson Smaller Companies Investment Trust plc Executives & BODs
# Name Age
1 Mr. Neil Martin Hermon
Portfolio Manager
70
2 Mr. James de Sausmarez
Portfolio Manager
70

The Henderson Smaller Companies Investment Trust plc Competitors