# M&G Credit Income Investment Trust plc (MGCI.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 91p, market value 192 millionp.

## Valuation
- **P/E (trailing): 15.2×** (5-yr avg 1524.5×, 3-yr avg 1244.0×). M&G Credit Income Investment Trust plc trades at 15.2× trailing earnings, well below its own five-year average of 1524.5×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 15.4×**. Each dollar of revenue is priced at 15.4×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.0×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 17.6×**. Enterprise value is 17.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -11.1%** (5-yr avg 0.0%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 6.6%**. The inverse of the P/E: 6.6% of the price is earned each year.

## Profitability
- **Gross margin: 94.8%**. M&G Credit Income Investment Trust plc keeps 94.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 107.5%**. 107.5% of revenue is left after running the business, an exceptional level.
- **Net margin: 106.9%**. 106.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.6%**. 5.6% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 7.5%**. Return on all capital, debt included, is 7.5%.
- **Return on assets: 7.1%**. Each dollar of assets produces 7.1% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -9.4%** (5-yr 4.2%/yr). Revenue fell 9.4% over the last year, against 4.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -14.6%** (5-yr 9.0%/yr). Earnings per share fell 14.6%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: 6 millionp**. 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**. M&G Credit Income Investment Trust plc does not currently pay a dividend, but it returned -9.7% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -3.8%** (YTD -3.3%, 3-mo 1.1%). The shares are down 3.8% over twelve months including dividends.
- **From 52-week high: -5.4%** (8.3% above the low). Trading 5% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): -0.02** (volatility 13%). Beta of -0.02 against the FTSE All-Share: the shares move much less than the market.

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

Not investment advice.