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BlackRock American Income Trust Plc (BRAI) Fair Value & Analysis

Financial Services · GB · Market cap 151M GBX

BA BlackRock American Income Trust Plc BRAI · LSE
Price£2.72
Fair Value£3.13
Upside+15.1%
Quality95/100
Evidence: High Range £2.35 – £3.92

Fair value as of: Jun 26, 2026

From 16 valuation models · updated 3 days ago

Share price +4.0% over the past month.

Price vs Fair Value (12 months)

£2.73 £1.82 Fair Value £3.13 Jun 2025 Jun 2026

12‑month range £1.82 – £2.73 · fair‑value band £2.35 – £3.92 · the £2.72 price screens below the £3.13 fair value. As of Jun 26, 2026.

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Analysis

BlackRock American Income Trust Plc (BRAI) currently trades at £2.72, while our model-based Fair Value estimate is £3.13 — implying the stock looks roughly 15.1% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, BlackRock American Income Trust Plc generated revenue of £2.7M at a net margin of 65.2%. It earns a return on equity of 1.3%. Net debt stands at £3.8M. The stock trades on a trailing P/E of 15.4. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 2.7M GBX
Net margin 65.2%
Return on equity 1.3%
Free cash flow 36.6M GBX FY2025
P/E ratio 15.4
Operating margin 101%
More key figures
EPS (TTM) £0.1700
Dividend yield 4.5%
Net debt 3.8M GBX FY2022

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

BlackRock American Income Trust Plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. The fund is managed by BlackRock Investment Management (UK) Limited. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of large cap companies. The fund also invests a part of its assets in derivatives. It benchmarks the performance of its portfolio against the Russell 1000 Value Index. BlackRock American Income Trust Plc was formed on August 30, 2012 and is domiciled in the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BlackRock American Income Trust Plc reported revenue of £11.8M in FY2025 versus £45.7M in FY2021, a compound −28.7%/yr. Reported net income was £11.0M in FY2025, compounding −29.7%/yr from FY2021.

Revenue −28.7%/yr
FY21 £45.7M
FY22 £13.0M
FY23 −£8.4M
FY24 £23.5M
FY25 £11.8M
Net income −29.7%/yr
FY21 £44.7M
FY22 £12.2M
FY23 −£9.5M
FY24 £22.6M
FY25 £11.0M

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Frequently asked questions

Is BlackRock American Income Trust Plc (BRAI) undervalued?
As of Jun 26, 2026, our model estimates a fair value of £3.13 versus a price of £2.72 — about +15% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BRAI?
Our 21-model fair value for BlackRock American Income Trust Plc is £3.13 (as of Jun 26, 2026), built from audited fundamentals. The current price is £2.72.
What is the quality score of BRAI?
BlackRock American Income Trust Plc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of BlackRock American Income Trust Plc (BRAI)?
BlackRock American Income Trust Plc reported trailing-twelve-month revenue of about £2.7M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of BRAI?
The net profit margin of BlackRock American Income Trust Plc is about 65.2%, meaning it keeps roughly 65.2% of revenue as net income. Based on the latest reported figures.
Does BlackRock American Income Trust Plc pay a dividend?
BlackRock American Income Trust Plc currently shows a dividend yield of about 4.49% relative to its recent price (as of Jun 26, 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.

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