ICG Enterprise Trust (ICGT)

Sector:

Investment Firms

Index:

FTSE 250

1,284.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 1,384.00
  • 52 Week Low: 1,070.00
  • Currency: UK Pounds
  • Shares Issued: 63.42m
  • Volume: 18,880
  • Market Cap: £814.32m
  • Beta: 0.00

Hardman & Co. says ICG Enterprise Trust's discount to NAV 'anomalous'

By Alexander Bueso

Date: Monday 06 Jul 2020

LONDON (ShareCast) - (Sharecast News) - Analysts at Hardman&Co. initiated coverage on FTSE-250 listed private equity investor ICG Enterprise Trust on Monday, telling clients that it was "anomalous" that a firm with a consistent record of outperformance should be trading at only two-thirds of its net asset value.
Over its 39-year history, the firm had achieved superior returns, pursuing a defensive growth investment policy while exploiting the synergies that accrue from belonging to the Intermediate Capital Group family, analyst Mark Thomas said.

Even on shorter time frames, like the past 10 years, the company's total NAV had jumped by 178%, against the comparable FTSE All Share return of 61%.

Furthermore, from January to April its portfolio return had only fallen by 3.8%, or 7.0% when measured in local currency terms.

Thomas also highlighted how the trust managed over-commitment tightly, while the valuations and governance appeared to be conservative.

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ICGT Market Data

Currency UK Pounds
Share Price 1,284.00p
Change Today 10.00p
% Change 0.78 %
52 Week High 1,384.00
52 Week Low 1,070.00
Volume 18,880
Shares Issued 63.42m
Market Cap £814.32m
Beta 0.00

ICGT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.65% above the market average36.65% above the market average36.65% above the market average36.65% above the market average36.65% above the market average
60.57% above the sector average60.57% above the sector average60.57% above the sector average60.57% above the sector average60.57% above the sector average
Price Trend
28.68% above the market average28.68% above the market average28.68% above the market average28.68% above the market average28.68% above the market average
15.13% above the sector average15.13% above the sector average15.13% above the sector average15.13% above the sector average15.13% above the sector average
Income
72.68% below the market average72.68% below the market average72.68% below the market average72.68% below the market average72.68% below the market average
92.16% below the sector average92.16% below the sector average92.16% below the sector average92.16% below the sector average92.16% below the sector average
Growth
25.69% above the market average25.69% above the market average25.69% above the market average25.69% above the market average25.69% above the market average
21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average

What The Brokers Say

Strong Buy 0
Buy 3
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ICGT Dividends

  Latest Previous
  Q4 Q3
Ex-Div 03-Jul-25 13-Feb-25
Paid 18-Jul-25 28-Feb-25
Amount 10.50p 8.50p

Trades for 03-Jun-2025

Time Volume / Share Price
12:12 12 @ 1,286.00p
12:03 4 @ 1,284.00p
12:03 6 @ 1,284.00p
12:03 182 @ 1,284.00p
12:01 940 @ 1,269.63p

ICGT Key Personnel

Chair Jane Tufnell

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