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Pacific Horizon Investment Trust PLC
(LSE:PHI)
Pacific Horizon Investment Trust PLC (PHI) vs. iShares MSCI United Kingdom ETF (EWC)
Pacific Horizon Investment Trust PLC Business Overview & Revenue Model
Pacific Horizon Investment Trust PLC Financial Statement Overview
| Breakdown | TTM | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 250.43M | 48.67M | 42.42M | -20.44M | -111.03M | 208.33M |
| Gross Profit | 248.16M | 48.67M | 38.45M | -24.18M | -115.06M | 204.85M |
| EBITDA | 218.41M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 243.38M | 43.55M | 26.91M | -23.29M | -108.18M | 199.17M |
Balance Sheet | ||||||
| Total Assets | 876.49M | 656.39M | 611.17M | 585.61M | 615.19M | 758.27M |
| Cash, Cash Equivalents and Short-Term Investments | 6.89M | 3.82M | 4.21M | 12.44M | 5.40M | 31.77M |
| Total Debt | 0.00 | 35.78M | 52.00K | 52.00K | 52.00K | 60.78M |
| Total Liabilities | 66.61M | 43.04M | 9.20M | 52.00K | 4.64M | 71.04M |
| Stockholders Equity | 809.88M | 613.36M | 601.97M | 580.36M | 610.55M | 687.23M |
Cash Flow | ||||||
| Free Cash Flow | -3.39M | 1.06M | -3.16M | 4.45M | 2.52M | 396.00K |
| Operating Cash Flow | -3.39M | 1.06M | -3.16M | 4.45M | 2.52M | 396.00K |
| Investing Cash Flow | 10.22M | -5.74M | 332.00K | 10.30M | -901.00K | -200.59M |
| Financing Cash Flow | -2.57M | 4.88M | -5.30M | -6.91M | -32.08M | 221.17M |
Pacific Horizon Investment Trust PLC Technical Analysis
Pacific Horizon Investment Trust PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £8.88B | 11.95 | 12.35% | 5.37% | 4.78% | -4.86% | |
74 Outperform | £843.09M | 8.25 | 7.11% | 2.70% | -4.38% | ― | |
72 Outperform | £1.33B | 4.19 | 14.60% | 9.91% | -28.89% | -12.14% | |
72 Outperform | £1.01B | 22.35 | 23.86% | 3.11% | 7.13% | -1.52% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | £4.11B | 5.37 | 23.35% | 4.13% | 28.34% | 44.04% | |
65 Neutral | ― | 0.87 | 34.20% | 0.20% | 14.72% | 63.73% |
Pacific Horizon Investment Trust PLC Corporate Events
Pacific Horizon Investment Trust PLC has bought back 75,000 ordinary shares at 896.20p each, with the shares to be held in treasury rather than cancelled. This move increases the trust’s treasury holdings to 9,659,200 shares and reduces the number of shares in issue (excluding treasury) to 82,415,761, a figure shareholders must now use when assessing disclosure thresholds under FCA transparency rules.
The transaction reflects ongoing capital management by the trust, which can support net asset value per share and provide flexibility for future issuance or buyback activity. It also has implications for investors’ reporting obligations, as changes to the total voting rights can affect when shareholders must notify the market of changes in their holdings under regulatory requirements.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £969.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust PLC has released its interim financial report for the six months ended 31 January 2026, providing an update on its performance and portfolio over the period. The report has been submitted to the U.K. National Storage Mechanism, ensuring transparency and regulatory compliance for shareholders and market participants.
The filing, made by company secretary Baillie Gifford & Co Limited, reflects the trust’s adherence to disclosure obligations under applicable securities regulations. Investors and analysts can review the interim data via the Financial Conduct Authority’s online platform, supporting informed decision-making about the trust’s prospects and positioning.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £969.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust PLC has bought back 75,000 ordinary shares at 898.83p each and will hold these shares in treasury, increasing its total treasury holdings to 9,584,200 shares. Following this transaction, the number of shares in issue excluding treasury shares stands at 82,490,761, a figure that investors must now use when assessing whether their holdings trigger disclosure thresholds under FCA transparency rules.
The buyback marginally reduces the free float and can be interpreted as an effort to manage the trust’s capital structure and potentially support the share price relative to net asset value. For shareholders and market participants, the updated share count is important for calculating ownership percentages and ensuring compliance with regulatory reporting obligations.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £993.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust PLC has repurchased 84,613 of its own ordinary shares at 924.62p per share, with the transaction resulting in these shares being held in treasury. Following this buyback, the company now holds 9,509,200 shares in treasury, leaving 82,565,761 shares in issue, a figure shareholders must use when calculating disclosure thresholds under FCA transparency rules.
The move slightly reduces the free float and can be seen as part of the trust’s capital management strategy, potentially supporting the share price and improving net asset value per share over time. It also provides clarity to investors and regulators on the updated share capital structure, which is important for compliance with disclosure requirements and for institutional holders monitoring their reportable stakes.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £989.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust PLC has repurchased 75,000 ordinary shares at 911.71p each, with the shares to be held in treasury, increasing its total treasury holding to 9,424,587 shares. Following this transaction, the number of shares in issue excluding treasury shares stands at 82,650,374, a figure shareholders are instructed to use when calculating disclosure thresholds under the FCA’s transparency rules.
The buyback underscores the company’s ongoing capital management strategy, potentially supporting net asset value and earnings per share for remaining investors. It also clarifies the updated share capital structure, helping market participants accurately assess their ownership stakes and regulatory reporting obligations.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £993.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust reported a strong first half to 31 January 2026, with net asset value total return per share of 36.6% and share price total return of 38.7%, both significantly ahead of the MSCI All Country Asia ex Japan Index. Performance was driven by stock selection in North Asian semiconductor names and copper and gold producers, alongside selected Chinese technology holdings, while the share price discount narrowed and active share remained high.
Shareholders’ funds rose to £809.9m and NAV per share increased to 976.21p, with net gearing nudged up to 7% as the trust used a £60m revolving credit facility that will be replaced by a larger £90m facility. The board continued to manage the discount with buybacks amounting to 3.1% of issued capital over the half year, ahead of a key continuation vote in November, and the managers signalled confidence in Asia ex Japan’s structural growth prospects despite valuation concerns in parts of tech, China’s slowdown, and wider geopolitical risks.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £993.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust PLC has repurchased 31,898 ordinary shares at 902.86p each, with the shares to be held in treasury rather than cancelled. This move forms part of the trust’s capital management strategy and can enhance net asset value per share over time by reducing the free float.
Following this transaction, the company now holds 9,349,587 shares in treasury, leaving 82,725,374 shares in issue for trading. The updated share count serves as the new denominator for shareholders assessing whether their holdings trigger disclosure obligations under the FCA’s transparency rules, underscoring regulatory compliance and clarity for investors.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £975.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust PLC has repurchased 75,000 of its own ordinary shares at 922.15 pence per share, with the shares being placed into treasury rather than cancelled. This transaction forms part of the company’s capital management strategy and leaves 9,317,689 shares held in treasury, with 82,757,272 shares remaining in issue, a figure investors must now use when assessing disclosure thresholds under FCA transparency rules.
By adjusting its treasury stock and free float, the trust may influence liquidity and per-share metrics, which can affect existing shareholders’ positions and reporting obligations. The updated share capital structure is particularly relevant for institutional holders and other large investors who monitor regulatory ownership limits and must notify changes in their stakes.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £1062.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust PLC has repurchased 70,000 ordinary shares at 964.65 pence each, with the shares to be held in treasury rather than cancelled. This move increases the company’s treasury stock to 9,242,689 shares, reducing the number of shares in issue to 82,832,272, which becomes the reference figure for regulatory disclosure thresholds for shareholders under FCA transparency rules.
The adjustment to the share capital structure may enhance net asset value per share for remaining investors and can be interpreted as a signal of management’s confidence in the trust’s valuation. It also has implications for institutional and large shareholders, who must now use the updated share count to assess and report changes in their holdings in line with UK disclosure requirements.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £1071.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust PLC has confirmed that its issued share capital consists of 92,074,961 ordinary shares, of which 9,172,689 are held in treasury, leaving 82,902,272 shares carrying voting rights as of 28 February 2026. This updated voting rights figure serves as the reference denominator for shareholders assessing whether they must disclose holdings or changes under the FCA’s transparency rules, helping maintain regulatory compliance and market transparency.
The clarification of voting rights ensures that institutional and retail investors can accurately calculate percentage stakes in the trust. It may also influence how stakeholders monitor potential shifts in ownership structure and governance influence, particularly in the context of regulatory disclosure thresholds and corporate oversight.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £1071.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust PLC has repurchased 60,003 ordinary shares at 910.86p each, with the shares to be held in treasury, as part of its capital management activities. Following this transaction, the company now holds 9,172,689 shares in treasury, leaving 82,902,272 shares in issue, a figure shareholders should use when assessing disclosure obligations under FCA transparency rules.
The buyback slightly reduces the free float and can be seen as a move to support the share price and enhance net asset value per share for remaining investors. The updated share capital structure also clarifies the denominator for regulatory reporting of significant shareholdings, helping maintain transparency for market participants and regulators.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £965.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.
Pacific Horizon Investment Trust PLC has confirmed that its directors are satisfied all inside information relating to the company’s results for the six months ended 31 January 2026 has already been disclosed through a regulated information service. The closed period confirmation underscores the trust’s compliance with market disclosure rules ahead of its forthcoming interim results, providing assurance to investors and regulators that no unpublished price-sensitive information is being withheld.
The most recent analyst rating on (GB:PHI) stock is a Hold with a £964.00 price target. To see the full list of analyst forecasts on Pacific Horizon Investment Trust PLC stock, see the GB:PHI Stock Forecast page.