Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
BH Macro Shs GBP ( (GB:BHMG) ) just unveiled an announcement.
In 2024, BH Macro’s GBP NAV per share rose by 5.86%, while the US Dollar Class shares increased by 4.92%, with share price performance surpassing these figures due to a robust buyback program. Despite increased ongoing charges, the company’s discount to NAV narrowed significantly, reflecting strong performance, particularly in FX trading. Shareholders decisively voted against class closure, indicating confidence in the company’s strategy. However, 2025 has seen a slight decline in GBP NAV, with a current discount of 7.1%, suggesting that strong performance from the Master Fund could help narrow this gap.
Spark’s Take on GB:BHMG Stock
According to Spark, TipRanks’ AI Analyst, GB:BHMG is a Neutral.
GB:BHMG’s overall score reflects strong balance sheet health, supported by zero leverage and equity-backed assets. However, challenges include declining revenue, inconsistent cash flow, and a high P/E ratio that suggests overvaluation. Despite positive corporate actions like share buybacks, the recent decline in net assets raises concerns about market fluctuations. Technical indicators show modest positive momentum but suggest potential short-term resistance.
To see Spark’s full report on GB:BHMG stock, click here.
More about BH Macro Shs GBP
BH Macro Limited is an investment company that focuses on generating long-term appreciation through active leveraged trading and investment on a global scale. It primarily invests in the Brevan Howard Master Fund Limited, offering a diversifying macro hedge fund strategy.
Average Trading Volume: 687,155
Technical Sentiment Signal: Strong Buy
See more data about BHMG stock on TipRanks’ Stock Analysis page.