AIF:LSE-Acorn Income Fund Limited (GBX)

COMMON STOCK | Asset Management | LSE

Last Closing Price

GBX 352.00

Change

+0.50 (+0.14)%

Market Cap

GBX 0.06B

Volume

0.05M

Avg Analyst Target

N/A

Avg User Target

GBX
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

Acorn Income Fund Limited is a closed ended balanced mutual fund launched by Premier Asset Management (Guernsey) Ltd. It is co-managed by Unicorn Asset Management Limited and Premier Fund Managers Limited. The fund invests in public equity and fixed income markets of the United Kingdom. It seeks to invest in securities of companies operating across diversified sectors. The equity portion of the fund primarily invests in stocks of small cap companies with a market capitalization of less than $1 billion. It seeks to invest in stocks of companies operating across diversified sectors. The fund's fixed income portion invests in sterling denominated fixed interest securities including corporate bonds, preference and permanent interest bearing shares, convertibles, reverse convertible bonds, and debentures. It benchmarks the performance of its portfolio against the Numis Smaller Companies Index. Acorn Income Fund Limited was formed on February 11, 1999 and is domiciled in Guernsey, Channel Islands. Address: First Floor Office, London, United Kingdom, EC1M 6AU

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-08-03 )

Largest Industry Peers for Asset Management

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
III:LSE 3i Group plc

-13.00 (-1.01%)

GBX12.45B 6.67 N/A
SDR:LSE Schroders plc

-56.00 (-1.52%)

GBX9.71B 18.49 8.98
SDRC:LSE Schroders plc

+5.00 (+0.19%)

GBX9.68B 12.92 8.98
HL:LSE Hargreaves Lansdown plc

-19.50 (-1.19%)

GBX7.74B 23.76 17.94
ICP:LSE Intermediate Capital Group plc

-17.00 (-0.77%)

GBX6.37B 13.93 9.45
ABDN:LSE Abrdn PLC

-1.30 (-0.45%)

GBX6.19B 7.63 N/A
SLA:LSE Standard Life Aberdeen plc

N/A

GBX5.98B 7.37 N/A
MNG:LSE M&G plc

+1.50 (+0.65%)

GBX5.86B 5.12 N/A
RCP:LSE RIT Capital Partners plc

+60.00 (+2.34%)

GBX4.00B 7.96 N/A
PCT:LSE Polar Capital Technology Trust..

-6.00 (-0.25%)

GBX3.31B 3.13 N/A

ETFs Containing AIF

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Asset Management)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.00% 45% F 46% F
Dividend Return 1.80% 75% C 83% B
Total Return 10.80% 49% F 49% F
Trailing 12 Months  
Capital Gain 46.77% 75% C 77% C+
Dividend Return 7.23% 91% A- 95% A
Total Return 54.00% 76% C 80% B-
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 7.15% 52% F 51% F
Dividend Return 0.83% 48% F 35% F
Total Return 7.98% 48% F 50% F
Risk Return Profile  
Volatility (Standard Deviation) 18.38% 64% D 61% D-
Risk Adjusted Return 43.41% 64% D 59% F
Market Capitalization 0.06B 23% F 29% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Asset Management)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 2.36 91% A- 95% A
Price/Book Ratio 0.98 57% F 73% C
Price / Cash Flow Ratio 33.36 31% F 16% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -20.13% 10% F 23% F
Return on Invested Capital N/A N/A N/A N/A N/A
Return on Assets -7.45% 9% F 19% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 1.09 19% F 28% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (GBX)

Quarterly Financials (GBX)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

No discussions yet

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector