Added to YB: 2026-05-26
Pitch date: 2026-05-23
HGT.L [bullish]
HgCapital Trust plc
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 1.5B
Pitch Price
N/A
Price Target
N/A
Dividend
1.52%
EV/EBITDA
N/A
P/E
15.31
EV/Sales
12.18
Sector
Capital Markets
Category
value
Add some HP with HGT
HGT.L: UK software PE trust trading 39% below NAV (15x EV/EBITDA vs 24x exit multiples). Top 10 (2/3 NAV) showing 18-20%+ organic EBITDA growth. Visma #1 at 11.9% NAV grew 18.8% organic. 5yr realized gains £677m (9% annual vs marcap) + 1.7% income = ~12% cash returns. AI concerns unfounded: holdings embed AI, benefit from data moats (Metcalfe's law), serve vast unautomated market. FY25 trading performance +£547m NAV. £1.45bn marcap deemed exceptional opportunity.
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