3i group plc (III:London)
3i group plc (III) Snapshot
|
Open
329.80 GBp
|
Previous Close
335.50 GBp
|
|
|
Day High
332.50 GBp
|
Day Low
325.70 GBp
|
|
|
52 Week High
05/22/13 - 369.40 GBp
|
52 Week Low
06/19/12 - 176.50 GBp
|
|
|
Market Cap
3.2B
|
Average Volume 10 Days
2.2M
|
|
|
EPS TTM
0.19 GBp
|
Shares Outstanding
971.4M
|
|
|
EX-Date
06/19/13
|
P/E TM
17.1x
|
|
|
Dividend
9.00 GBp
|
Dividend Yield
2.72%
|
Related News
3i group plc (III) Related Businessweek News
No Related Businessweek News Found3i group plc (III) Details
3i Group Plc is a private equity and venture capital firm specializing in mid venture, late venture, emerging growth, growth capital, middle market, buyout, and mature investments. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe and North America. The firm also seeks to invest in family owned business. The firm does not invest in generic office and enterprise applications. It seeks to invest in media businesses at all stages of development and on selective basis, it also makes early-stage venture investments in oilfield technologies. The firm typically makes growth capital investments in medium-sized businesses in the healthcare, financial services, food and drink, media, IT services, support services, and oil and gas sectors. The firm makes private equity investments in business services, consumer, healthcare, and industrial sector. It prefers to invest in buyouts across a broad range of sectors with a particular focus on healthcare, business services, telecommunication, media, consumer, and oil, gas and power. It prefers also to invest in media, oil, gas, power, some elements of manufacturing, technology, general industries, financial services, infrastructure, and regional sectors. The firm typically invests in business services with a focus on blue collar services including cleaning, security, repair and maintenance, and facilities management; white collar services including consultancy services including engineering, environmental, and recruitment and training and process outsourcing; distribution; testing, inspection and certification; human capital; industrial services; logistics; and infrastructure support services; and rental services including hire of equipment and other non consumables. In the healthcare sector, it focuses on pharmaceuticals and biotechnology including supply drug marketing and delivery services, as well as animal health specialists; medical devices and technology including dialysis and cardiovascular equipment, through to surgical instruments and imaging technology; and healthcare and specialist care services including care activities for the young, the disabled, and the elderly in their own homes, in hospitals, and in community facilities, and vitally-important diagnostic services. In the consumer sector the firm focuses on consumer goods; e-commerce; retail; food and drinks; and leisure including travel distribution, hotels and resorts, local leisure, betting and gaming, and hospitality. In the media sector it prefers to invest in broadcasting and entertainment including TV, radio, Internet, and mobile broadcasting, the creators and owners of content, and suppliers of allied services; publishing and information ranging from newspapers, through to directories and business information; marketing services including marketing and advertising including market research; and technology including software and hardware that enables major disruptions within large markets. In the oil, gas, and power sectors the firm focuses on exploration and production; oil services including services which provide products, people, and technology for all elements of drilling, evaluation, development, construction, and production; and midstream gas and power which includes companies that develop, generate, store, and transmit energy. Within the gas and power sector it seeks to invest in companies delivering oil and gas to the consumer, through activities such as gas storage, transportation in liquefied form, refining, and distribution; generating power and transmitting and distributing; developing alternatives to oil and gas, including biofuels; products/components like generators and services such as wind turbine maintenance for related activities. In the technology sector the firm focuses on software and Internet, digital marketing, e-commerce, social media, online media, telecoms, electronics and semiconductors, IT services, and cleantech including energy, air and water, waste management, and supporting technologies like sensing and remote monitoring technologies, process innovations, and new materials. In the general industrial sectors it prefers to invest in aerospace and defense; automotive; chemicals; construction and building materials; electronic and electrical equipment; flow control; industrial engineering; paper, packaging, and print; and transport and logistics. In the financial sectors it seeks to invest in asset management, specialty finance, general insurance, outsourcing providers, and electronic trading. For infrastructure investments it focuses principally on the utilities including energy transmission and storage, electricity and gas distribution, water, power generation, and communication network; transportation including airports, ports, ferries, toll roads, and rail; and social infrastructure sector including primary and secondary PFI, public private partnerships, healthcare, education, and government accommodation. In infrastructure, it invests primarily in utilities, transportation and social infrastructure in the United Kingdom, Europe and India. It prefers to invest in companies across Europe, United States, and Asia. Within Asia, the firm is focused primarily on emerging Asia which includes India, China and Southeast Asia. For small minority investments, the firm seeks invest predominantly in the United Kingdom and Germany. The firm typically invests in companies with an enterprise value typically between €100 million ($131.29 million) and €500 million ($656.45 million) for either majority or minority stakes. It seeks to make growth investments in China, investing between $20 million and $150 million. For venture capital investments, it typically invests between €1 million ($1.99 million) and €75million ($149.88 million) in seed to late stage in information technology, healthcare, cleantech, oil and gas, and ESAT (electronics, semiconductors, and advanced materials) sectors in Europe and United States. For growth capital investments the firm typically invests up to €250 million ($499.62 million) per deal, in businesses with enterprise values ranging from €100 million ($199.85 million) to €1 billion ($1.99 billion), to acquire minority holdings in companies across Europe, Asia, and North America. For infrastructure investments it seeks to invest between €70 million ($139.89 million) and €400 million ($799.4 million) per deal, focusing on European, North American, and Asian infrastructure assets. In the software sector it prefers to invest between $2 million to $10 million and for the others range between €2 million ($3.99 million) and €50 million ($99.92 million). For buyouts, the firm typically acquires European businesses with an enterprise value up to around €1billion ($1.99 billion). It seeks to acquire influential or controlling shareholdings in quoted small and mid-cap companies with an enterprise value of €100 million ($199.85 million) to €2 billion ($3.99 billion) on the European quoted markets. With a mix of equity and debt, the firm seeks to invest an average of around €100 million ($199.85 million) in each business in such businesses. The firm also makes mid-market investment across Europe in transactions with an enterprise value of up to €1 billion ($1.99 billion) when it is the sole investor. Its Brazil team seeks to invest between $30 million and $100 million for majority or minority stakes in businesses with an enterprise value of up to $200 million. It seeks to take a board seat in its portfolio companies with regards to its venture capital investments. The firm invests its own capital along with raising money from other sources. 3i Group Plc was founded in 1945 and is based in London, United Kingdom with additional offices across Europe, Americas, and Asia.
3i group plc (III) Top Compensated Officers
3i group plc (III) Key Developments
3i Group plc announced consolidated earnings results for the year ended March 31, 2013 and company cash flow results for the year ended March 31, 2013. For the period, the groups net portfolio return was £432 million against net portfolio loss of £425 million a year ago. Profit before tax was £189 million against loss before tax of £777 million a year ago. Profit for the period was £183 million or 19.4 pence per diluted share against net loss of £783 million or 82.8 pence per diluted and basic share a year ago. Net cash flow from operating activities was £248 million against £112 million a year ago. Purchase of property, plant and equipment was £1 million against £2 million a year ago. Net debt was £335 million as at March 31, 2013 against £464 million as at March 31, 2012. For the year, the company reported net cash flow from operating activities was £273 million against £9 million a year ago.
The board of 3i Group plc declared an interim dividend of 2.7 pence per share and announced its intention to propose a total dividend for the year of 8.1 pence per share. The Board is therefore recommending a final dividend of 5.4 pence per share, subject to the approval of shareholders at the AGM.
3i India Infrastructure Fund I, managed by 3i Group plc (LSE:III) is pulling out of India and exiting all its portfolio companies. The $1.2 billion fund had invested around $875 million in seven firms but hasn't been able to exit a single one in six years. Adani Power Limited (BSE:533096) is the only listed portfolio company. Peter Sedgwick, Chairman of 3i Infrastructure plc (LSE:3IN) has told investors that its board has decided to make no new investments in India. 3i's board has also decided to gradually sell all its India holdings, the proceeds from which would not be re-deployed in the country. "While the case for infrastructure development in India remains unaltered, private infrastructure investment in India has faced more political, market and macroeconomic challenges than we expected when we initially made our commitment to the India Fund in 2007," 3i said. As of March 2013, the fund's India investments were valued at about 80% of their cost in dollar terms, it said.

| Recently Viewed | |||
| III:LN | 332.40 GBp | -3.10 | |
| Company | Last | Change | |
| No competitor information is available for III. | |||
| View Industry Companies | |||
Industry Analysis
III
Industry Average
| Valuation | III | Industry Range |
| Price/Earnings | 17.8x |
|
| Price/Sales | 5.4x |
|
| Price/Book | 1.1x |
|
| Price/Cash Flow | 18.3x |
|
| TEV/Sales | 5.5x |
|
Post a JobJobs
- Chicago, IL | DunnhumbyusaPosted: Jun 18
- Thomasville, GA | Flowers FoodsPosted: Jun 07
- San Francisco, CA | YelpPosted: Jun 06
- San Francisco, CA | PeoplematterPosted: Jun 06
Sponsored Financial Commentaries
Sponsored Links
To contact 3I GROUP PLC, please visit www.3i.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.








