City of London Investment Group PLC (CLIG:LN) Financials/Asset Managers and Custodians Price: 530.00 GBX Report Date: September 23, 2021 Business Description and Key Statistics City of London Investment Group is a holding company. Co. is an Current YTY % Chg asset management group which engages in emerging market closed-end fund investment, focused on institutional clients, Revenue LFY (M) 33 4.2 provided through its wholly owned subsidiary City of London EPS Diluted LFY 0.30 -13.5 Investment Management Company Limited. Co.'s range includes International, Frontier and Opportunistic Value closed-end fund Market Value (M) 141 strategies. Co. has launched a Real Estate Investment Trust strategy, which shares various similarities to the closed-end fund Shares Outstanding LFY (000) 26,561 products. City of London Investment Management Company Book Value Per Share 0.71 Limited acts as an investment manager. EBITDA Margin % 36.80 Net Margin % 22.9 Website: www.citlon.co.uk Long-Term Debt / Capital % 0.0 ICB Industry: Financials Dividends and Yield TTM 0.31 - 5.85% ICB Subsector: Asset Managers and Custodians Payout Ratio TTM % 94.9 Address: 77 Gracechurch Street London 60-Day Average Volume (000) 16 GBR 52-Week High & Low 560.00 - 390.00 Employees: 72 Price / 52-Week High & Low 0.95 - 1.36 Price, Moving Averages & Volume 569.2 569.2 City of London Investment Group PLC is currently trading at 530.00 which is 1.6% above 544.0 544.0 its 50 day moving average price of 521.68 and 3.9% 518.8 518.8 above its 200 day moving average price of 510.20. 493.6 493.6 CLIG:LN is currently 5.4% below its 52-week high price of 560.00 and is 35.9% above its 468.4 468.4 52-week low price of 390.00. Over the past 52-weeks, 443.2 443.2 CLIG:LN is up 32.5% while on a calendar year-to-date basis it is up 21.0%. 418.0 418.0 The Relative Strength Index (RSI) indicator for CLIG:LN is 392.8 392.8 currently 54.02. An RSI value of 70 and above is considered 367.6 367.6 overbought and 30 and below 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 oversold. Volume (000) 2,120 2,120 1,590 1,590 1,060 1,060 530 530 Mean (51.62) 0 0 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 Price Price (50-Day Simple Moving Average) Price (200-Day Simple Moving Average) Copyright © 2021 FTSE Russell 1 www.ftserussell.com City of London Investment Group PLC (CLIG:LN) Financials/Asset Managers and Custodians Price: 530.00 GBX Report Date: September 23, 2021 Price Performance, Technical Indicators & Risk Metrics Difference Price Performance % Change vs FTSE 350 Technical Indicators 1-Day % 0.00 -1.31 50-Day Average Price 521.68 1-Week % 0.76 -0.27 Price / 50-Day Average 1.02 4-Week % 3.72 4.31 200-Day Average Price 510.20 52-Week % 32.50 9.13 Price / 200-Day Average 1.04 RSI - Relative Strength Index 54.02 Quarter-to-Date % -1.12 -2.74 Year-to-Date % 21.00 10.25 Risk Metrics Last Month % 0.00 -1.92 Price Volatility 7.86 Last Quarter % 3.47 -1.20 Sharpe Ratio 0.10 Last Calendar Year % -0.45 12.54 Sortino Ratio 0.18 5-Year Price Performance vs. FTSE 350 City of London Investment Group PLC Current: 1.38 CAGR: 6.7% Over the past five years, City FTSE 350 Index Current: 1.19 CAGR: 3.5% of London Investment Group PLC's stock price is up 38.0% 1.5 1.5 which is 19.0% above the FTSE 350 Index performance of 19.0% over the same 1.4 1.4 period. City of London CLIG:LN Investment Group PLC's 1.4 1.4 cumulative annualized growth rate (CAGR) over the five year period has been 6.7% while 1.3 1.3 that of the FTSE 350 Index has been 3.5%. 1.2 1.2 Over the past year, City of London Investment Group ^NMX:LN 1.2 1.2 PLC's stock price performance of 32.5% has outperformed that of the FTSE 350 Index by 1.1 1.1 9.1%. On a year-to-date basis, City of London 1.1 1.1 Investment Group PLC's stock price performance of 21.0% has outperformed the FTSE 1.0 1.0 350 Index by 10.3%. Over the past week, City of 0.9 0.9 London Investment Group PLC's stock price performance 0.9 0.9 of 0.8% has underperformed that of the FTSE 350 Index by 0.3%. 0.8 0.8 0.8 0.8 2016 2017 2018 2019 2020 2021 2022 Copyright © 2021 FTSE Russell 2 www.ftserussell.com City of London Investment Group PLC (CLIG:LN) Financials/Asset Managers and Custodians Price: 530.00 GBX Report Date: September 23, 2021 Growth and Profitability Metrics 5-Year 10-Year Historical Growth 3-Year 5-Year 10-Year Profitability Current Average Average Revenues % 2.1 5.6 Gross Margin % Revenues Per Share % 1.2 5.2 EBITDA Margin % 36.8 36.1 33.9 EBITDA % 1.4 6.6 Pre-Tax Margin % 28.3 35.1 33.6 EPS Diluted % -7.0 2.6 Net Margin % 22.9 27.4 25.4 Free Cash Flow % 9.2 8.7 Return on Equity % 41.5 51.9 48.6 Cash from Operations % 8.3 9.0 Return on Capital % 35.4 47.0 44.6 Book Value % 1.9 7.0 Return on Assets % 26.6 38.1 36.2 Revenue (M) City of London Investment Group PLC's cumulative Current: 33.26 Median: 32.60 High: 33.93 Low: 31.29 CAGR: 2.1% annualized revenue growth 34.5 34.5 33.9 rate over the charted period is 2.1%. This compares to 33.3 33.4 33.4 cumulatative annualized growth of 2.1% over the past 3 32.3 31.9 32.3 years. 31.3 31.2 31.2 2016 2017 2018 2019 2020 2021 City of London Investment EPS Diluted Group PLC's cumulative Current: 0.30 Median: 0.36 High: 0.39 Low: 0.30 CAGR: -6.7% annualized EPS growth rate 0.41 0.41 over the charted period is 0.39 -6.7%. This compares to 0.37 0.37 0.37 cumulatative annualized growth of -7.0% over the past 0.34 3 years. 0.33 0.33 0.30 0.30 0.30 2016 2017 2018 2019 2020 2021 Net Profit Margin % City of London Investment Group PLC's net profit margin Current: 22.85 Median: 28.08 High: 29.45 Low: 22.85 CAGR: -2.9% of 22.9% is 4.6% below the 29.8 29.8 period's mean net margin of Mean (27.43) 27.4%. During the charted 27.4 27.4 period, the observed net profit margin high and low were 24.9 24.9 29.5% and 22.9% respectively. 22.5 22.5 2016 2017 2018 2019 2020 2021 City of London Investment Return on Equity % Group PLC's return on equity Current: 41.50 Median: 51.25 High: 67.40 Low: 41.50 CAGR: -6.1% of 41.5% is 10.4% below the 68.7 68.7 period's mean return on equity of 51.9%. During the charted 59.2 59.2 period, the observed ROE high and low were 67.4% and Mean (51.94) 41.5% respectively. 49.7 49.7 40.2 40.2 2016 2017 2018 2019 2020 2021 Copyright © 2021 FTSE Russell 3 www.ftserussell.com City of London Investment Group PLC (CLIG:LN) Financials/Asset Managers and Custodians Price: 530.00 GBX Report Date: September 23, 2021 Valuation Metrics 5-Year 10-Year 5-Year 10-Year Current Median Median Current Median Median Price / EPS TTM 18.0 12.0 12.3 Earnings Yield % 6.84 8.69 8.43 Price / Sales 4.1 3.3 3.2 Free Cash Flow Yield % 7.86 9.17 8.68 Price / Operating Cash Flow 16.6 11.6 11.9 Dividend Yield % 5.85 6.57 7.02 Price / Book Value 7.4 6.1 6.0 Enterprise Value / EBITDA 10.3 8.2 8.3 Price / EPS TTM City of London Investment Group PLC is trading at 17.97 Current: 17.97 Median: 12.00 High: 18.85 Low: 9.53 CAGR: 1.6% times its EPS generated 19.3 19.3 during the latest fiscal year. This multiple is above the 15.9 15.9 historically observed median of 12.00, while high and low observations have been 18.85 12.5 Median (12.00) 12.5 and 9.53. 9.1 9.1 2016 2017 2018 2019 2020 2021 Price / Sales City of London Investment Group PLC is trading at a Current: 4.11 Median: 3.29 High: 4.31 Low: 2.40 CAGR: 0.7% Price to Sales ratio of 4.11 4.41 4.41 based on sales generated during the latest fiscal year. 3.71 3.71 This ratio is above the historically observed median Median (3.29) ratio of 3.29, while high and 3.00 3.00 low observations have been 4.31 and 2.40.