Caledonia Investments (GB:CLDN)
LSE:CLDN
Want to see GB:CLDN full AI Analyst Report?
Earnings Data
Report Date
Dec 01, 2026TBA (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.24Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call highlights resilient underlying investment performance across Caledonia’s three pools (5.4% NAV total return), strong private capital outcomes (13.1% pool return and a 3.2x Stonehage Fleming sale), improved funds performance (particularly in Asia) and a solid balance sheet with liquidity to deploy proceeds. However, material headwinds remain: a negative 7.1% TSR, a widened discount to NAV (43.4% at year-end), FX losses and subdued exit activity that constrain near-term shareholder returns and market perception. Overall, operational and investment fundamentals look constructive, but market and geopolitical factors have meaningfully weighed on share-price performance and short-term realisations.Company Guidance
NAV Growth and Total Return
Delivered a NAV total return of 5.4% for the year; NAV increased to GBP 3.0 billion. Long-term performance: 10-year NAV total return of 9.2% p.a., at the top end of target (inflation +3% to 6%).
Private Capital Strong Performance and Major Realisation
Private capital pool returned 13.1% for the year. Agreed sale of Stonehage Fleming with expected proceeds ~GBP 290 million (3.2x money multiple on cost; invested GBP 90 million originally) and ~30% uplift to March 2025 carrying value; completion expected mid-2026.
Funds Pool Resilience and Improvement in Asia
Funds pool NAV of GBP 941 million across 82 funds (46 managers, ~600 underlying businesses). Annual return of 7.1% in local currency (4.9% in sterling); 5- and 10-year returns of 11.4% and 13.1% respectively. Asia funds performance improved to 7.7% in local currency; 6 IPOs during the year, 2 more since year-end and 5 in process.
Selective Public Equity Wins and Disciplined Risk Management
Public (capital) pool deployed GBP 24 million into Charles Schwab and initiated positions in Cintas and Paychex. Disciplined realisation in Oracle produced a 96.3% return in the year (vs. stock 2.4%); overall Oracle investment: GBP 35m invested (2014), GBP 112m received via top-slicing/dividends, GBP 42m remaining in NAV — ~4.4x MOIC and 19% annualized return.
Strong Balance Sheet and Liquidity
Cash on balance sheet GBP 90 million and undrawn revolving credit facility of GBP 325 million (GBP 150m with 5-year maturity, GBP 175m with 3-year maturity). No structural leverage — ability to deploy capital selectively.
Progressive Dividend Policy and Share Buybacks
Proposed final dividend 4p, total annual dividend 7.68p (up 4.4% year-on-year), marking 59 consecutive years of dividend growth (approx. 5% annualized). Allocated GBP 34.6 million to share buybacks in the year and GBP 100 million since March 2024, delivering c.9.72p NAV per share accretion (1.8%).
Long-Term Realisations Track Record
Since 2012 generated GBP 1.4 billion of proceeds with around GBP 700 million net cash returned; realized investments delivered a 17% IRR and ~2x multiple on cost, demonstrating ability to realise value over time.
GB:CLDN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:CLDN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 19, 2026 | 371.50 p | 359.00 p | -3.36% |
Nov 25, 2025 | 371.42 p | 375.39 p | +1.07% |
May 20, 2025 | 371.91 p | 369.46 p | -0.66% |
Nov 26, 2024 | 325.10 p | 325.58 p | +0.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Caledonia Investments (GB:CLDN) report earnings?
Caledonia Investments (GB:CLDN) is schdueled to report earning on Dec 01, 2026, TBA (Confirmed).
What is Caledonia Investments (GB:CLDN) earnings time?
Caledonia Investments (GB:CLDN) earnings time is at Dec 01, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Caledonia Investments stock?
The P/E ratio of Caledonia Investments is N/A.
What is GB:CLDN EPS forecast?
Currently, no data Available