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III 3i Group Plc

3,631.00
14.00 (0.39%)
11 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
3i Group Plc LSE:III London Ordinary Share GB00B1YW4409 ORD 73 19/22P
  Price Change % Change Share Price Shares Traded Last Trade
  14.00 0.39% 3,631.00 3,142,493 16:35:11
Bid Price Offer Price High Price Low Price Open Price
3,626.00 3,628.00 3,644.00 3,590.00 3,604.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 3.1B 3.84B 3.9409 9.21 35.21B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:55:57 O 721,109 3,604.00 GBX

3i (III) Latest News

3i (III) Discussions and Chat

3i (III) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-11 18:55:583,604.00721,10925,988,768.36O
2024-12-11 18:55:573,604.00721,10925,988,768.36O
2024-12-11 16:58:393,628.003108.84O
2024-12-11 16:43:053,628.00136.28O
2024-12-11 16:41:283,629.003108.87O

3i (III) Top Chat Posts

Top Posts
Posted at 11/12/2024 08:20 by 3i Daily Update
3i Group Plc is listed in the Investors, Nec sector of the London Stock Exchange with ticker III. The last closing price for 3i was 3,617p.
3i currently has 973,389,204 shares in issue. The market capitalisation of 3i is £35,314,560,321.
3i has a price to earnings ratio (PE ratio) of 9.21.
This morning III shares opened at 3,604p
Posted at 22/11/2024 08:02 by craftyale
36 today. I smell bacon burning. I love this share.
Posted at 18/11/2024 10:58 by anhar
On conventional investment trust criteria, III is very much over valued. Buying or holding the shares is thus an act of pure faith in the management, imo, rather than the usual math of IT share analysis.

But this situation is not new, it's been like this for some time now.
Posted at 14/11/2024 12:08 by scottishfield
Deutsche Bank Research raises 3i to 'buy' (hold) - price target 4,037 (2,918) pence
Posted at 04/11/2024 21:04 by steeplejack
Analysts at RBC Capital Markets downgraded 3i Group from 'outperform' to 'sector perform' on Monday, citing valuation grounds.RBC said it views 3i Group as a "best-in-class business", with a "conservative but successful" model and a strong management team."This is evidenced by III's outperformance in the last few years, despite challenging macro backdrop," said RBC, which has a 3,425.0p target price on the stock.The Canadian bank stated a "good chunk" of this outperformance had been driven by Action, which it views as "a very high-quality retailer".However, RBC noted that 3i's share price has risen more than 140% in the last three years, and it now views the shares as more fairly valued.
Posted at 08/10/2024 14:08 by anhar
Yes, a holding in III is largely based on trusting the management rather than on math, because the normal investment trust valuation method is to compare net assets with the share price. The norm would be a discount but III stands at a very large premium.

Furthermore due to the unlisted nature of their investments, NAV has to be estimated so is never really verifiable.

Criticisms of the above two points were behind the recent bear raid on III.

As you say, they have rewarded our belief with great returns over time but imo the share remains a bet on the quality of management rather than on quantitative investment criteria.
Posted at 01/10/2024 11:37 by roguetraderuk
steeplejack i sold out a lot earlier on the basis that competition would make it more difficult to keep the returns going. but with scale comes buying power and they continue to offer average quality products at low prices or lower quality products at even lower prices. its stuff that you need now that doesnt make sense to buy online. i would also suggest that while they currently have no plans to, if they were to make a move on the uk, thats when the story could unravel as competition there is v fierce from b&m and others. i think they have been boxing clever so far and avoiding fights (heres looking at you aj) and europe is still pretty fragmented. so if valuation is all its about i think matthew earl is going to miss on this one. at some point but not yet id guess but its still fair to say a lot is in the price but i wouldnt go any further than that.
Posted at 01/10/2024 11:06 by steeplejack
The Times article does not consider Action's valuation to be 'unreasonable' but points out that the holding now accounts for 60% of 3i's portfolio compared to just 10% back in 2013.It depends when you joined the party but clearly the suggestion that one should take a few profits is probably prudent.(Thereagain,you could of made a cogent case for top slicing when the 3i share price was ten pounds lower.)
Posted at 30/9/2024 09:52 by scottishfield
III Director buys 16k at 3268.87p.
Posted at 20/6/2024 08:03 by anhar
Interesting move this morning, the shares went xd a 34.5p payout yet the price has risen 9p at the moment. Normally on xd a share price falls by roughly the value of the divi though there are the usual other forces acting on it all the time. In this case those other forces must be strong demand, enough to overcome the xd effect and then some.
Posted at 14/5/2024 08:30 by anhar
I did see the large director buy. That doesn't change my view that Action's massive growth to date must at some stage slow down, hitting the value of Action shares and consequently those of III whose great performance has clearly benefited from the growth of Action. With III at a huge premium and its dependency on Action, any difficulty with the valuation of Action may have a severely negative impact on III shares.

I think it's a question of when to exit Action, wholly or partly, or if you like, how long to let winners run, a tricky decision no doubt and I hope they manage this favourably. I'm more than satisfied with III growth and especially the divi increases as I'm primarily a long term hold income investor, but am a little concerned about its dependency on one major holding which invites a lot of risk.
3i share price data is direct from the London Stock Exchange

3i Frequently Asked Questions (FAQ)

What is the current 3i share price?
The current share price of 3i is 3631p.
How many 3i shares are in issue?
3i has 973,389,204 shares in issue.
What is the market cap of 3i?
The market capitalisation of 3i is GBP 35.21 B.
What is the 1 year trading range for 3i share price?
3i has traded in the range of 2,269.00p to 3,779.00p during the past year.
What is the PE ratio of 3i?
The price to earnings ratio of 3i is 9.21.
What is the cash to sales ratio of 3i?
The cash to sales ratio of 3i is 11.38.
What is the reporting currency for 3i?
3i reports financial results in GBP.
What is the latest annual turnover for 3i?
The latest annual turnover of 3i is GBP 3.1B.
What is the latest annual profit for 3i?
The latest annual profit of 3i is GBP 3.84B.
What is the registered address of 3i?
The registered address for 3i is 16 PALACE STREET, LONDON, SW1E 5JD.
What is the 3i website address?
The website address for 3i is www.3i.com.
Which industry sector does 3i operate in?
3i operates in the INVESTORS, NEC sector.

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