European Assets Trust (EAT) Share Price, News & Analysis

Company Overview

European Assets Trust PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Limited. The fund invests in the public equity markets of Europe, excluding the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies with a market capitalization below that of the largest company in the Euromoney Smaller European Companies (ex UK) Index or below Euro 2.5 billion. It employs fundamental analysis with a focus on such factors as financial strength, quality of management, and growth prospects to create its portfolio. The fund benchmarks the performance of its portfolio against the Euromoney Smaller European Companies (ex-UK) Index. European Assets Trust PLC was formed in 1972 and is domiciled in the Netherlands.

Key Stats

• Today's Range: 83.01 to 84.40
• 50-Day Range: 83 to 87.20
• 52-Week Range: 73 to 92.20
• Volume: 244,855 shs
• Average Volume: 531,210 shs
• Market Capitalization: £299.94 million
• P/E Ratio: 833.00
• Dividend Yield: 7.20%
• Price Target: GBX 1,437
• Consensus Rating: Hold

European Assets Trust Stock Analysis - MarketRank™

European Assets Trust scored higher than 52% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

European Assets Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

European Assets Trust has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of European Assets Trust is 833.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of European Assets Trust is 833.00, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 47.03.

Price to Book Value per Share Ratio

European Assets Trust has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for EAT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

European Assets Trust is a leading dividend payer. It pays a dividend yield of 6.99%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

European Assets Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of European Assets Trust is 6,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for EAT.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.33

News Sentiment

European Assets Trust has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for European Assets Trust this week, compared to 1 article on an average week.

Search Interest

Only 3 people have searched for EAT on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, European Assets Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought £8,500 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 0.82% of the stock of European Assets Trust is held by insiders.

Percentage Held by Institutions

44.03% of the stock of European Assets Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EAT Stock Analysis - Frequently Asked Questions

How have EAT shares performed this year?

European Assets Trust's stock was trading at GBX 89.70 at the beginning of 2024. Since then, EAT stock has decreased by 7.1% and is now trading at GBX 83.30.
View the best growth stocks for 2024 here.

How do I buy shares of European Assets Trust?

Shares of EAT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of European Assets Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that European Assets Trust investors own include BAE Systems (BA), BlackRock World Mining Trust (BRWM), F&C Global Smaller Companies (FCS), Fidelity Japan Trust (FJV), Ferrexpo (FXPO), Hotel Chocolat Group (HOTC) and JD Sports Fashion (JD).

Company Calendar

• Ex-Dividend for 7/31 Dividend: 7/04/2024
• Dividend Payable: 7/31/2024
• Ex-Dividend for 10/31 Dividend: 10/03/2024
• Today: 10/17/2024
• Dividend Payable: 10/31/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Finance
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:EAT
• CUSIP: N/A
• CIK: N/A
• Web: www.fandc.com
• Phone: +31-10-2013600
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 1,437
• High Stock Price Target: GBX 1,437
• Low Stock Price Target: GBX 1,437
• Potential Upside/Downside: +1,616.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.10
• Trailing P/E Ratio: 837.25
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £34.89 million
• Net Margins: 87.09%
• Pretax Margin: N/A
• Return on Equity: 9.94%
• Return on Assets: 6.15%

Debt

• Debt-to-Equity Ratio: 7.34
• Current Ratio: 0.20
• Quick Ratio: 1.35

Sales & Book Value

• Annual Sales: £40.06 million
• Price / Sales: 7.53
• Cash Flow: GBX 5.31 per share
• Price / Cash Flow: 15.76
• Book Value: GBX 98 per share
• Price / Book: 0.85

Miscellaneous

• Outstanding Shares: 360,070,000
• Free Float: N/A
• Market Cap: £301.47 million
• Optionable: Not Optionable
• Beta: 1.05