Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
ICG Enterprise Trust Plc is a leading UK-listed investment trust specializing in private equity, focusing exclusively on buyouts of profitable, cash-generative private companies in North America and Europe. Its primary objective is to deliver long-term capital growth to shareholders through a diversified portfolio of mature businesses exhibiting resilient growth. The trust invests via three main channels: primary commitments to new private equity funds, secondary acquisitions of existing fund interests, and direct co-investments alongside top-tier managers in specific companies. Managed by a subsidiary of ICG plc since 2016, it leverages over 30 years of experience in selecting and managing unquoted investments, emphasizing ESG integration, disciplined capital allocation, and a multi-stage selection process targeting mid-market and larger deals. With a balanced geographic exposure and increasing emphasis on secondaries, now comprising about 33% of the portfolio, ICG Enterprise Trust plays a key role in providing investors access to private equity's structural advantages, including strong historical returns and liquidity generation from realizations, while maintaining a robust balance sheet for ongoing opportunities.
£3.35
£0.04 (-1.06%)
EOD Jul 3, 2026
20.61% operating margin is above average. ROIC at 0.82%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 25.2%, still solid.
Negative free cash flow of -£31M. The business is consuming cash, not generating it.
8.8x earnings. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£118M
▲ +25.2% YoY
Net Income (TTM)
£155M
▲ +33.2% YoY
Op. Margin
20.61%
ROIC
0.82%
Cash Flow & Balance Sheet
FCF (TTM)
-£31M
▼ -580.4% YoY
Op. Cash Flow (TTM)
£145M
▲ +9.4% YoY
Net Debt
£876M
Cash & Equiv.
£2M
3Y CAGR: +8.9%
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At a P/E of , A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in .
On quality, ICG Enterprise Trust scores 76/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.3%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
ICG Enterprise Trust scores 76 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 20.6% operating margin and a 0.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, ICG Enterprise Trust pays a regular dividend of about £0.08 per share per year (typically in quarterly installments), a yield of roughly 2.3% at the current price. That is a payout ratio of about 20.2% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For GPE.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. you should weigh GPE.XLON's valuation and scores 76/100 on quality (solid). It also yields about 2.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.