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Invesco Perpetual Select Trust plc (IGET) Fair Value & Analysis

Financial Services · GB · Market cap 500M GBX

IP Invesco Perpetual Select Trust plc IGET · LSE
Price£4.14
Fair Value£2.43
Upside-41.3%
Quality67/100
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Expensive Growth
Thin margins · 0.0% net margin
generates free cash flow
Trails peers (1/11)
Moderate moat 58/100
Evidence: High Range £1.82 – £3.04 Share as image

Fair value as of: Jul 12, 2026

From 10 valuation models · updated 29 days ago

Share price +3.2% over the past month.

A solid business, but screening 41% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (£3.04). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

£4.19 £1.79 Fair Value £2.43 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range £1.79 – £4.19 · fair‑value band £1.82 – £3.04 · the £4.14 price screens above the £2.43 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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Analysis

Invesco Perpetual Select Trust plc (IGET) currently trades at £4.14, while our model-based Fair Value estimate is £2.43, implying the stock looks roughly 41.3% overvalued today. The Quality Score stands at 67/100 (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).

The stock trades on a trailing P/E of 13.3. Fundamentals as of Jul 12, 2026

Our scenario range runs from £1.82 (bear case) to £3.04 (bull case); at £4.14, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at -41%, IGET screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income £1.46 £1.61 £2.18 76
Growth DCF £0.7300 £1.25 £2.06 72
Rev-Margin DCF £0.5100 £0.8100 £1.46 67
All 10 models by family
DCF Models
5Y P/E Exit £1.52 £3.56 £6.39 38
10Y P/E Exit £1.27 £3.09 £6.14 35
Earnings-Based
Graham-Dodd £1.26 £8.82 £12.37 54
Lynch FV £4.56 £6.51 £8.46 50
Multiples
P/E Multiple £1.81 £2.42 £3.02 63
P/B Multiple £1.82 £2.43 £3.04 55
Asset-Based
NCAV (Graham) £0.8700 £1.16 £1.74 50
Growth DCF
Growth DCF £0.7300 £1.25 £2.06 72
Rev-Margin DCF £0.5100 £0.8100 £1.46 67
Economic Profit
Residual Income £1.46 £1.61 £2.18 76

Widest divergence: Earnings-Based (£6.51) versus Growth DCF (£0.8100). Highest evidence: Residual Income (76).

Key figures & financial health

Free cash flow 6.8M GBX FY2025
P/E ratio 13.6
EPS (TTM) £0.3000
Net debt 32.0K GBX FY2025

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

Quality Score breakdown

Overall quality 67/100

Of which business quality 66 · Market factors (momentum, volatility) 68

Profitability 53
Margins and returns on capital today
Quality Growth 15
Are margins and returns improving?
Cashflow 74
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 77
Distance to the 52-week high (market factor)
Net Issuance 91
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Invesco Perpetual Select Trust plc - Global Equity Share Portfolio is an open ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating across diversified sectors.

Full company description

Invesco Perpetual Select Trust plc - Global Equity Share Portfolio is an open ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies. It employs a combination of fundamental, quantitative, and qualitative analysis along with a bottom up and top down stock picking approach to make its investments. The fund benchmarks the performance of its portfolio against the MSCI World Index. It was formerly known as Merrill Lynch Asset Allocator plc - Global Equity Share Portfolio. Invesco Perpetual Select Trust plc - Global Equity Share Portfolio is domiciled in the United Kingdom.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Invesco Perpetual Select Trust plc reported revenue of £23.6M in FY2025 versus £5.6M in FY2022, a compound +61.7%/yr. Reported net income was £22.7M in FY2025, compounding +62.4%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
£23.6M
Latest YoY
−19.8%
Avg. growth/yr (3Y)
+61.7%
Revenue +61.7%/yr
FY22 £5.6M
FY23 £6.3M
FY24 £29.5M
FY25 £23.6M
Net income +62.4%/yr
FY22 £5.3M
FY23 £5.8M
FY24 £28.0M
FY25 £22.7M

IGET screens 41% overvalued. Compare with Fondul Proprietatea SA →

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Cite: Fair Value Calculator (2026). "Invesco Perpetual Select Trust plc Fair Value". https://www.fairvalue-calculator.com/stock/IGET

Peer Group

Asset Management · 973 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 67 · Above median
Fair Value upside −41% · Below median
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 0% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 13.6× · Pricier than median
P/B 3.18× · Pricier than 75% of peers
P/FCF 99.3× · Pricier than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

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Frequently asked questions

Is Invesco Perpetual Select Trust plc (IGET) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of £2.43 versus a price of £4.14, about −41% (overvalued).
What is the fair value of IGET?
Our model-based fair value for Invesco Perpetual Select Trust plc is £2.43 (as of Jul 12, 2026), built from audited fundamentals. The current price is £4.14.
What is the quality score of IGET?
Invesco Perpetual Select Trust plc has a Quality Score of 67/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of IGET?
The net profit margin of Invesco Perpetual Select Trust plc is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

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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