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Finsbury Growth & Income Trust PLC (FGT) Fair Value & Analysis

Financial Services · GB · Market cap 794M GBX

FG Finsbury Growth & Income Trust PLC FGT · LSE
Price£7.43
Fair Value£4.95
Upside-33.4%
Quality60/100
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Evidence: Medium Range £2.51 – £7.42

Fair value as of: Jun 26, 2026

From 9 valuation models · updated 7 days ago

Share price +2.4% over the past month.

Price vs Fair Value (12 months)

£8.96 £6.93 Fair Value £4.95 Jul 2025 Jul 2026

12‑month range £6.93 – £8.96 · fair‑value band £2.51 – £7.42 · the £7.43 price screens above the £4.95 fair value. As of Jun 26, 2026.

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Analysis

Finsbury Growth & Income Trust PLC (FGT) currently trades at £7.43, while our model-based Fair Value estimate is £4.95 — implying the stock looks roughly 33.4% overvalued today. We read business quality at 60/100 (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: medium).

Revenue declined 74.6% year over year. It earns a return on equity of -1.0%. Net debt stands at £24.1M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) −3.2M GBX
Revenue growth (YoY) -74.6%
Return on equity -1.0%
Free cash flow 24.1M GBX FY2025
Operating margin 115%
EPS (TTM) £-0.0900
More key figures
Dividend yield 2.7%
EPS growth (YoY) -72.1%
Net debt 24.1M GBX FY2025

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

About the company

Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies. The fund employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the FTSE All-Share Index. The fund was formerly known as Finsbury Growth Trust PLC. Finsbury Growth & Income Trust PLC was formed in 1926 and is domiciled in the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Finsbury Growth & Income Trust PLC reported revenue of £156M in FY2025 versus −£137M in FY2021. Reported net income was −£13.9M in FY2025.

Revenue
FY21 −£137M
FY22 £201M
FY23 −£114M
FY24 £220M
FY25 £156M
Net income
FY21 −£141M
FY22 £197M
FY23 −£119M
FY24 £108M
FY25 −£13.9M

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Frequently asked questions

Is Finsbury Growth & Income Trust PLC (FGT) undervalued?
As of Jun 26, 2026, our model estimates a fair value of £4.95 versus a price of £7.43 — about −33% (overvalued). Model-based estimate, not financial advice.
What is the fair value of FGT?
Our model-based fair value for Finsbury Growth & Income Trust PLC is £4.95 (as of Jun 26, 2026), built from audited fundamentals. The current price is £7.43.
What is the quality score of FGT?
Finsbury Growth & Income Trust PLC has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of FGT?
The net profit margin of Finsbury Growth & Income Trust PLC is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does Finsbury Growth & Income Trust PLC pay a dividend?
Finsbury Growth & Income Trust PLC currently shows a dividend yield of about 2.67% 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.