RNS Number : 4581F
BlackRock Throgmorton Trust PLC
17 April 2025
 

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BlackRock Throgmorton - Update from QuotedData

17th April 2025

More bang for your buck

BlackRock Throgmorton's (THRG) manager, Dan Whitestone, has recently celebrated his 10th year at the helm of the trust, as well as his ninth financial year of outperformance, with THRG's recently released full-year results showing outperformance of 2.2% over its benchmark (the Deutsche Numis Small Cap ex Investment Companies plus AIM Index).

These results not only highlight Dan's skill in stock selection, having adapted THRG's portfolio to accommodate for changing market dynamics, but also the significant valuation opportunity presented by the UK market. UK small caps now rank as some of the cheapest stocks in developed markets, trading on a low forward price-earnings ratio (based on earnings expected in the next 12 months) relative to peers and to historic values.

This valuation opportunity is amplified in the case of THRG, given the superior earnings potential of its portfolio, as well as the 12% discount to net asset value (NAV) that it currently trades on.

Full Research:

https://quoteddata.com/research/blackrock-throgmorton-more-bang-for-your-buck-qd/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note BlackRock Throgmorton Trust Plc, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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