# The City of London Investment Trust Plc (CTY.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 586p, market value 3.0 billionp.

## Valuation
- **P/E (trailing): 5.1×** (5-yr avg 1382.2×, 3-yr avg 1488.9×). The City of London Investment Trust Plc trades at 5.1× trailing earnings, well below its own five-year average of 1382.2×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 0.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.01**. A PEG of 0.01 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.7×**. Each dollar of revenue is priced at 3.7×.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 3.3×**. Enterprise value is 3.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 0.0%**. Free cash flow equals 0.0% of the market value.
- **Earnings yield: 19.4%**. The inverse of the P/E: 19.4% of the price is earned each year.

## Profitability
- **Gross margin: 99.5%**. The City of London Investment Trust Plc keeps 99.5% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 98.0%**. 98.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 97.7%**. 97.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.7%**. 14.7% on shareholders' equity is solid.
- **Return on invested capital: 32.4%**. Return on all capital, debt included, is 32.4%: comfortably above what that capital costs.
- **Return on assets: 31.9%**. Each dollar of assets produces 31.9% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 132.4%** (3-yr 47.3%/yr). Revenue grew 132.4% over the last year.
- **EPS growth (1 yr): 16.9%** (3-yr 46.4%/yr). Earnings per share rose 16.9%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: 0p**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. The City of London Investment Trust Plc does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 18.8%** (YTD 11.6%, 3-mo 5.6%). The shares are up 18.8% over twelve months including dividends.
- **From 52-week high: -2.1%** (18.9% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): 0.99** (volatility 13%). Beta of 0.99 against the FTSE All-Share: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CTY.L · Page: https://foliofundamentals.com/stocks/cty.l

Not investment advice.