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Companies Financials MIG3.L
MI
MIG3.L London Stock Exchange Investment Management & Fund Operators

Maven Income And Growth Vct 3 PLC

$43,80
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Mcap
6,9B GBp
P/E
EV / Rev
Div yield
6,85 %
Op margin
17,9 %
ROE
1,8 %
Net margin
17,9 %
Debt / equity
0,00
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

MIG3.L is an investment management and fund operator that generates revenue primarily through asset management fees and performance-based returns on managed portfolios.

Business. MIG3.L is an investment management and fund operator listed on the London Stock Exchange. The company operates within the Banking & Investment Services sector, generating revenue primarily through fee-based models. Specific details regarding its operating segments, headquarters location, and geographic mix are not available in the provided data. Consequently, the business is described at the industry level as a provider of investment management services.

Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryInvestment Management & Fund Operators
ActivityBanking & Investment Services
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
1,8 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning MIG3.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to MIG3.L. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    MIG3.L is an investment management and fund operator listed on the London Stock Exchange. The company operates within the Banking & Investment Services sector, generating revenue primarily through fee-based models. Specific details regarding its operating segments, headquarters location, and geographic mix are not available in the provided data. Consequently, the business is described at the industry level as a provider of investment management services.

    Classification92 %
    SectorFinancials
    Business sectorBanking & Investment Services
    IndustryInvestment Management & Fund Operators
    ActivityBanking & Investment Services
    AI synthesis
    GENERATED

    MIG3.L exhibits a highly leveraged equity structure, with a price-to-book ratio of 104.09 and a price-to-tangible-book ratio of 104.09, indicating that the market values the company significantly above its book value. The company has no long-term debt and a debt-to-equity ratio of 0.0, suggesting a conservative capital structure. However, the operating cash flow is negative at -679,000 GBP, which may raise concerns about short-term liquidity.

    Profitability metrics for MIG3.L are modest, with a return on equity (ROE) of 1.85% and a return on assets (ROA) of 1.84%. These figures are below the typical thresholds for high-performing investment management firms, indicating that the company is not generating strong returns relative to its equity and asset base.

    The company's revenue is concentrated in a single business segment, as disclosed in the financial snapshot, with no geographic breakdown provided. This lack of diversification may expose the company to sector-specific risks, particularly in the volatile investment management industry.

    MIG3.L's growth trajectory appears stagnant, with no disclosed revenue growth or expansion plans in the outlook. The company's net income and operating income are equal at 1,218,000 GBP, suggesting minimal operational overhead but also limited scalability. The absence of capex or R&D investments further indicates a lack of growth initiatives.

    Risk factors for MIG3.L are currently low, with no immediate liquidity or dilution flags detected. The company has no long-term debt and a low dilution risk, as shares outstanding for both basic and diluted scenarios are identical at 156,411,434. However, the negative operating cash flow may signal underlying operational inefficiencies or market volatility.

    Recent filings and transcripts do not indicate any material events or strategic shifts for MIG3.L. The company's financial disclosures are consistent with a stable but unremarkable performance, with no significant changes in management, strategy, or regulatory environment.

    Key takeaways
    • MIG3.L has a highly leveraged equity structure with a price-to-book ratio of 104.09, indicating a significant premium over book value.
    • The company's ROE and ROA are both below 2%, suggesting weak profitability relative to its asset base.
    • MIG3.L has no long-term debt and a debt-to-equity ratio of 0.0, indicating a conservative capital structure.
    • The company's negative operating cash flow raises concerns about short-term liquidity and operational efficiency.
    • MIG3.L shows no signs of growth or expansion, with flat net and operating income and no capex or R&D investments.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $43,80
    Market cap
    $6.85B
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    104.1x
    P / Tangible book
    104.1x
    Tangible book
    $65.8M
    Net cash
    Current ratio
    28.2
    Debt / equity
    0.0
    ROA
    1.8%
    ROE
    1.8%
    Cash conversion
    -56.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin17,9 %Below median
    Net Margin17,9 %Below median
    ROE1,8 %Below median
    D/E0,00Above median
    Cash Conv-0,56Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • MIG3.L Market data — financials · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    MIG3.LCanonical
    London Stock Exchange · GBp

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage