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M&G Credit Income Investment Trust Plc
(LSE:MGCI)
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Rating:71Outperform
Price Target:
101.00 p
â–²(10.02% Upside)
Action:Upgraded
Date:08/04/26
The score is driven primarily by strong balance-sheet resilience (low leverage, high equity backing) but held back by inconsistent cash generation despite reported profitability. Valuation is supportive due to a moderate P/E and a high dividend yield, while technicals indicate a generally stable trend with mixed near-term momentum. Corporate events modestly strengthen the outlook via continued share demand, ongoing dividends, and insider buying.
Positive Factors
Balance sheet strength
Low leverage and an equity-funded asset base provide durable financial resilience for an investment trust. This reduces default and refinancing risk in stressed credit cycles, preserves capacity to support dividends or opportunistic buying, and underpins long-term capital stability across market swings.
Negative Factors
Inconsistent cash generation
Material swings in cash conversion reduce confidence in the sustainability of reported profits and dividend coverage. Irregular cash flows may force asset sales or greater use of liquidity buffers in down cycles, increasing risk to predictable income distributions over a multimonth horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Low leverage and an equity-funded asset base provide durable financial resilience for an investment trust. This reduces default and refinancing risk in stressed credit cycles, preserves capacity to support dividends or opportunistic buying, and underpins long-term capital stability across market swings.
Read all positive factors
M&G Credit Income Investment Trust Plc (MGCI) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£185.49M
Dividend Yield8%
Average Volume (3M)368.94K
Price to Earnings (P/E)12.2
Beta (1Y)0.09
Revenue Growth-9.41%
EPS Growth-21.45%
CountryUK
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryAsset Management
Share Statistics
EPS (TTM)0.07
Shares Outstanding205,643,740
10 Day Avg. Volume296,000
30 Day Avg. Volume368,935
Financial Highlights & Ratios
PEG Ratio-1.01
Price to Book (P/B)0.83
Price to Sales (P/S)15.83
P/FCF Ratio-4.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
M&G Credit Income Investment Trust Plc Business Overview & Revenue Model
Company Description
M&G Credit Income Investment Trust Plc engages in investing in a diversified portfolio of public and private debt and debt-like instruments. Its objective is to generate a regular and attractive level of income with low asset value volatility. The...
How the Company Makes Money
MGCI makes money by earning income and gains from the investment portfolio it holds on behalf of shareholders. Its core revenue stream is interest (coupon) income received from credit instruments (e.g., bonds and other debt investments) held in th...
M&G Credit Income Investment Trust Plc Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
88
Very Positive
Cash Flow
46
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 9.71M | 10.71M | 15.36M | -803.00K | 7.86M |
| Gross Profit | 8.44M | 12.48M | 15.36M | -803.00K | 7.86M |
| EBITDA | 10.37M | 10.82M | 13.64M | 0.00 | 6.34M |
| Net Income | 10.37M | 10.62M | 13.31M | -2.57M | 6.03M |
Balance Sheet | |||||
| Total Assets | 188.27M | 140.87M | 139.04M | 144.83M | 144.85M |
| Cash, Cash Equivalents and Short-Term Investments | 6.45M | 3.45M | 2.84M | 3.44M | 3.13M |
| Total Debt | 0.00 | 0.00 | 0.00 | 7.00M | 0.00 |
| Total Liabilities | 2.50M | 878.00K | 3.76M | 9.72M | 1.09M |
| Stockholders Equity | 185.77M | 140.00M | 135.28M | 135.11M | 143.76M |
Cash Flow | |||||
| Free Cash Flow | -32.27M | 6.72M | 19.63M | -519.00K | 5.21M |
| Operating Cash Flow | -32.27M | 6.72M | 19.63M | -519.00K | 5.21M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | -87.00K | 1.12M |
| Financing Cash Flow | 35.27M | -6.02M | -20.29M | 718.00K | -9.02M |
M&G Credit Income Investment Trust Plc Technical Analysis
Negative
91.80
Price Trends
91.43
Negative
90.30
Negative
89.62
Positive
Market Momentum
-0.17
Positive
40.77
Neutral
36.09
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MGCI, the sentiment is Negative. The current price of 91.8 is above the 20-day moving average (MA) of 91.43, above the 50-day MA of 91.43, and above the 200-day MA of 89.62, indicating a neutral trend. The MACD of -0.17 indicates Positive momentum. The RSI at 40.77 is Neutral, neither overbought nor oversold. The STOCH value of 36.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:MGCI.
M&G Credit Income Investment Trust Plc Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £1.42B | 13.09 | 13.19% | 7.96% | -10.49% | 27.89% | |
74 Outperform | £792.18M | 7.75 | 11.59% | 7.25% | 37.81% | 83.65% | |
74 Outperform | £9.07B | 13.30 | 15.55% | 3.76% | 17.81% | 93.71% | |
71 Outperform | £185.49M | 12.19 | 7.50% | 8.00% | -9.41% | -21.45% | |
70 Outperform | £5.44B | 11.40 | 18.00% | 4.57% | 6.46% | 6.47% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | £710.90M | -54.38 | -99.46% | 2.93% | -328.60% | -777.95% |
* General Sector Average
GB:MGCI
M&G Credit Income Investment Trust Plc
90.20
1.77
2.01%
GB:ASHM
Ashmore Group PLC
212.20
58.69
38.23%
GB:ICG
ICG plc
1,903.00
-282.85
-12.94%
GB:JUP
Jupiter Fund Management Plc
161.40
46.20
40.10%
GB:SDR
Schroders
585.00
221.23
60.82%
GB:BUR
Burford Capital
322.00
-607.96
-65.37%
M&G Credit Income Investment Trust Plc Corporate Events
Private Placements and FinancingRegulatory Filings and Compliance
M&G Credit Income Investment Trust Expands Share Capital to Meet Investor Demand
Positive
Aug 6, 2026
MG Credit Income Investment Trust plc has issued 500,000 new ordinary shares at 91.60 pence each under its block listing to satisfy ongoing investor demand for its existing shares. The new shares are fully paid, rank pari passu with existing stock...
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and Financing
M&G Credit Income Investment Trust Seeks Block Listing to Meet Share Demand
Positive
Aug 5, 2026
MG Credit Income Investment Trust plc has applied for a block listing of 21,500,000 new ordinary shares on the Main Market of the London Stock Exchange. The shares will be issued from time to time at no less than the prevailing net asset value to ...
Business Operations and StrategyFinancial Disclosures
M&G Credit Income Investment Trust Posts Q2 Outperformance and Leans Into Private Credit
Positive
Aug 4, 2026
MG Credit Income Investment Trust reported a 1.95% NAV total return for the second quarter of 2026, marginally outperforming its benchmark amid volatile fixed income markets and resilient credit conditions. The manager maintained a disciplined sta...
Business Operations and StrategyPrivate Placements and Financing
M&G Credit Income Investment Trust Expands Share Capital to Meet Investor Demand
Positive
Aug 3, 2026
MG Credit Income Investment Trust plc has issued 750,000 new ordinary shares at 91.55 pence each under its block listing programme to satisfy continued investor demand for its existing shares. The newly issued shares are fully paid and rank equall...
Private Placements and FinancingRegulatory Filings and Compliance
M&G Credit Income Investment Trust Raises Equity to Meet Share Demand
Positive
Jul 31, 2026
MG Credit Income Investment Trust plc has issued 200,000 new ordinary shares at 91.55 pence each under its block listing program to satisfy ongoing investor demand for its existing shares. The new shares are fully paid and rank pari passu with the...
Private Placements and FinancingRegulatory Filings and Compliance
M&G Credit Income Investment Trust Expands Share Capital to Meet Investor Demand
Positive
Jul 29, 2026
MG Credit Income Investment Trust plc has issued 600,000 new ordinary shares at 93.30 pence per share under its block listing to satisfy continued investor demand for its existing stock. The newly issued shares are fully paid and rank pari passu w...
Private Placements and FinancingRegulatory Filings and Compliance
M&G Credit Income Investment Trust Issues New Shares to Meet Investor Demand
Positive
Jul 27, 2026
MG Credit Income Investment Trust plc has expanded its share capital with the issue of 250,000 new ordinary shares at 93.30 pence each. The shares were placed under its existing block listing to satisfy ongoing market demand and will rank pari pas...
Private Placements and FinancingRegulatory Filings and Compliance
M&G Credit Income Investment Trust Expands Equity Base to Meet Investor Demand
Positive
Jul 22, 2026
MG Credit Income Investment Trust plc has sold its remaining 50,000 ordinary shares held in treasury and issued a further 100,000 new ordinary shares under its block listing, both at 93.20 pence per share and at a premium to the prevailing net ass...
Dividends
M&G Credit Income Investment Trust Announces Second Interim Dividend for 2026
Positive
Jul 21, 2026
MG Credit Income Investment Trust plc has declared a second interim quarterly dividend of 1.75 pence per ordinary share for the financial year ending 31 December 2026. The board has applied the UK tax streaming regime to this payment, splitting it...
Private Placements and FinancingRegulatory Filings and Compliance
M&G Credit Income Investment Trust Expands Share Capital to Meet Investor Demand
Positive
Jul 9, 2026
MG Credit Income Investment Trust plc has issued 100,000 new ordinary shares at 93.20 pence each under its block listing programme to satisfy ongoing investor demand, with the new shares ranking equally with existing stock. Following this issuance...
Business Operations and StrategyFinancial Disclosures
M&G Credit Income Investment Trust Publishes May 2026 Performance Factsheet
Neutral
Jun 23, 2026
MG Credit Income Investment Trust plc has released its monthly performance factsheet for the period ended 31 May 2026, providing investors with updated data on portfolio performance, positioning and key metrics. The document, now available on the ...
Business Operations and StrategyFinancial Disclosures
M&G Credit Income Investment Trust Publishes April 2026 Performance Factsheet
Positive
Jun 4, 2026
MG Credit Income Investment Trust plc has released its monthly performance factsheet for the period ended 30 April 2026. The document, now available on the company’s website, provides investors with updated performance data and portfolio inf...
Regulatory Filings and Compliance
M&G Credit Income Trust Director Increases Stake with Share Purchase
Positive
Jun 2, 2026
MG Credit Income Investment Trust plc reported that non-executive director Christiane Elsenbach purchased 22,000 ordinary shares in the company at a price of £0.9075 per share. The transaction, conducted on 1 June 2026 on the London Stock Exc...
Business Operations and StrategyExecutive/Board ChangesStock BuybackDividendsShareholder Meetings
M&G Credit Income Investment Trust Wins Full AGM Backing as Senior Director Retires
Positive
May 20, 2026
MG Credit Income Investment Trust plc reported that all resolutions at its latest Annual General Meeting were approved by shareholders, including the adoption of the annual report, remuneration and dividend policies, auditor reappointment, and aut...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.