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Baillie Gifford Shin Nippon PLC (BGS) Fair Value & Analysis

Financial Services · GB · Market cap 319M GBX

BG Baillie Gifford Shin Nippon PLC BGS · LSE
Price£1.64
Fair Value£1.10
Upside-32.8%
Quality68/100
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Evidence: High Range £0.8300 – £1.38

Fair value as of: Jul 12, 2026

From 22 valuation models · updated today

Share price +6.8% over the past month.

Price vs Fair Value (12 months)

£1.68 £1.21 Fair Value £1.10 Jul 2025 Jul 2026

12‑month range £1.21 – £1.68 · fair‑value band £0.8300 – £1.38 · the £1.64 price screens above the £1.10 fair value. As of Jul 12, 2026.

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Analysis

Baillie Gifford Shin Nippon PLC (BGS) currently trades at £1.64, while our model-based Fair Value estimate is £1.10 — implying the stock looks roughly 32.8% overvalued today. We read business quality at 68/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Trailing-twelve-month revenue stands at £12.6M. Revenue grew 37.3% year over year. It earns a return on equity of 3.4%. Net debt stands at £53.4M. Fundamentals as of Jul 12, 2026

Our scenario range runs from £0.8300 (bear case) to £1.38 (bull case); at £1.64, the current price sits above that range. For context, the median of 10 Financial Services peers we cover trades at 53% fair-value upside — at -33%, BGS screens richer than that median.

Key figures & financial health

Revenue (TTM) 12.6M GBX
Revenue growth (YoY) +37.3%
Net margin 102%
Return on equity 3.4%
Free cash flow 2.0M GBX FY2026
P/E ratio 32.4
More key figures
Operating margin 66.5%
EPS (TTM) £0.0500
Dividend yield 0.4%
EPS growth (YoY) +1,605%
Net debt 53.4M GBX FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 12, 2026. TTM = trailing twelve months.

About the company

Baillie Gifford Shin Nippon PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co. The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of small-cap companies having market capitalizations less than Yen 150 billion. It benchmarks the performance of its portfolio against the Tokyo Second Section Index, the TOPIX Small Index, and the JASDAQ Index. Baillie Gifford Shin Nippon PLC was formed on July 1, 1985 and is domiciled in the United Kingdom.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Baillie Gifford Shin Nippon PLC reported revenue of £12.6M in FY2026 versus −£175M in FY2022. Reported net income was £12.9M in FY2026.

Revenue
FY22 −£175M
FY23 −£8.8M
FY24 −£89.0M
FY25 −£29.0M
FY26 £12.6M
Net income
FY22 −£177M
FY23 −£7.0M
FY24 −£81.9M
FY25 −£30.5M
FY26 £12.9M

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Cite: Fair Value Calculator (2026). "Baillie Gifford Shin Nippon PLC Fair Value". https://www.fairvalue-calculator.com/stock/BGS.LSE

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Frequently asked questions

Is Baillie Gifford Shin Nippon PLC (BGS) undervalued?
As of Jul 12, 2026, our model estimates a fair value of £1.10 versus a price of £1.64 — about −33% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BGS?
Our model-based fair value for Baillie Gifford Shin Nippon PLC is £1.10 (as of Jul 12, 2026), built from audited fundamentals. The current price is £1.64.
What is the quality score of BGS?
Baillie Gifford Shin Nippon PLC has a Quality Score of 68/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Baillie Gifford Shin Nippon PLC (BGS)?
Baillie Gifford Shin Nippon PLC reported trailing-twelve-month revenue of about £12.6M (latest available figure, as of Jul 12, 2026).
What is the net profit margin of BGS?
The net profit margin of Baillie Gifford Shin Nippon PLC is about 102.0%, meaning it keeps roughly 102.0% of revenue as net income. Based on the latest reported figures.
Does Baillie Gifford Shin Nippon PLC pay a dividend?
Baillie Gifford Shin Nippon PLC currently shows a dividend yield of about 0.43% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.