Printers undervalued by City

The Citys unfavourable perception of prints future prospects held back St Ives in the <i>Sunday Business</i> list of Britains top companies for shareholder value

The Citys unfavourable perception of prints future prospects held back St Ives in the Sunday Business list of Britains top companies for shareholder value.


St Ives prints top representative at number 270 was given a Future Growth Value (FGV) score of minus 136, because its share price is undervalued due to its existence in a lower growth sector.


The FGV mark measured the difference between a firms market price (which anticipates growth) and the valuation of the company based on performance, assuming no growth.


Other print-related firms included Domino Printing Sciences ranked 316, but with a FGV of 29 due to its presence in the electronics sector.


Communisis ranked 394 with an FGV of two, British Polythene Industries was at 422 with an FGV of 120, and Photobition was at 442 with an FGV of minus 60.