Added to YB: 2026-10-08
Pitch date: 2026-10-03
HGT.L [bullish]
HgCapital Trust plc
+3.74%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Hg Capital Trust plc specializes in direct, quoted and unquoted companies and fund of funds investments.
Market Cap
GBP 1.7B
Pitch Price
GBP 3.74
Price Target
N/A
Dividend
1.34%
EV/EBITDA
N/A
P/E
-72.82
EV/Sales
323.50
Sector
Capital Markets
Category
value
HGT to dry - so whet your appetite
HGT.L: HgCapital Trust trades at 379p, a 27.8% discount to its 524.8p August NAV, despite portfolio EBITDA growing 19% and organic revenue 11%; H1 underlying trading added 11% to value while multiple compression removed 13%. The discount implies an approximate 18.6x EV/EBITDA, but 6.9x portfolio net debt creates material downside if growth disappoints while software multiples compress further.
Read full article (5 min)