View ValuationLighthouse Properties 향후 성장Future 기준 점검 0/6Lighthouse Properties의 수익이 연간 1.5%로 감소할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Real Estate 이익 성장3.2%매출 성장률-1.5%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트13 Apr 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesNew Risk • Jun 28New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €39m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.3% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (155% cash payout ratio). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€39m sold).Buy Or Sell Opportunity • Jun 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.3% to €0.36. The fair value is estimated to be €0.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has declined by 8.1%.Recent Insider Transactions • Jun 04Non-Independent Non-Executive Director recently bought €4.1m worth of stockOn the 3rd of June, Desmond de Beer bought around 560k shares on-market at roughly €7.30 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €5.3m. Despite this recent purchase, insiders have collectively sold €26m more in shares than they bought in the last 12 months.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Alternate Director Nick Hanekom was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • Apr 11Lighthouse Properties p.l.c., Annual General Meeting, May 06, 2026Lighthouse Properties p.l.c., Annual General Meeting, May 06, 2026, at 10:00 Central European Standard Time. Location: company`s registered office, 4th floor, office 41, block a, il-piazzetta, tower road, sliema, slm 1605, Malta공시 • Feb 06+ 1 more updateLighthouse Properties p.l.c. to Report Fiscal Year 2025 Results on Mar 04, 2026Lighthouse Properties p.l.c. announced that they will report fiscal year 2025 results at 4:50 PM, South Africa Standard Time on Mar 04, 2026공시 • Jun 30Lighthouse Properties p.l.c. (JSE:LTE) acquired Gran Casino De Cartagena Espacio Mediterraneo Sa (Extinguida) from Westinvest Gesellschaft FÜR Investmentfonds Mbh for approximately €140 millionLighthouse Properties p.l.c. (JSE:LTE) acquired Gran Casino De Cartagena Espacio Mediterraneo Sa (Extinguida) from Westinvest Gesellschaft FÜR Investmentfonds Mbh for approximately €140 million on June 27, 2025. A cash consideration of €135.4 million will be paid by Lighthouse Properties p.l.c. As part of consideration, €135.4 million is paid towards common equity of Gran Casino De Cartagena Espacio Mediterraneo Sa (Extinguida). Lighthouse Properties p.l.c. (JSE:LTE) completed the acquisition of Gran Casino De Cartagena Espacio Mediterraneo Sa (Extinguida) from Westinvest Gesellschaft FÜR Investmentfonds Mbh for approximately €140 million on June 27, 2025.공시 • Mar 28Lighthouse Properties p.l.c., Annual General Meeting, Apr 23, 2025Lighthouse Properties p.l.c., Annual General Meeting, Apr 23, 2025, at 10:00 Central European Standard Time. Location: company`s registered office, 4th floor, office 41, block a, il-piazzetta, tower road, sliema, slm 1605, Malta공시 • Feb 18Lighthouse Properties p.l.c. to Report First Half, 2025 Results on Aug 12, 2025Lighthouse Properties p.l.c. announced that they will report first half, 2025 results on Aug 12, 2025Recent Insider Transactions • Nov 10Non-Independent Non-Executive Director recently bought €26k worth of stockOn the 1st of November, Desmond de Beer bought around 65k shares on-market at roughly €0.41 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €1.4m. Insiders have collectively bought €6.2m more in shares than they have sold in the last 12 months.New Risk • Oct 09New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (7.7% increase in shares outstanding).Declared Dividend • Aug 19First half dividend reduced to €0.012Dividend of €0.012 is 13% lower than last year. Ex-date: 4th September 2024 Payment date: 12th September 2024 Dividend yield will be 6.5%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (6% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 60% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Aug 17Lighthouse Properties p.l.c. Approves Interim Dividend for the Six Months Ended 30 June 2024, Payable on 12 September 2024Lighthouse Properties p.l.c. announced that the board of directors has approved an interim dividend of 1.21660 EUR cents per share for the six months ended 30 June 2024. The Board has resolved to offer Shareholders the interim dividend as a cash dividend of 1.21660 EUR cents per Lighthouse share (‘Cash Dividend’), with an alternative scrip distribution option (‘Scrip Distribution’) of 1.21660 EUR cents per Lighthouse share. Record Date is 6 September 2024 and Payment of Cash Dividend, is 12 September 2024. Shares commence trading ex-Scrip Distribution or Cash Dividend on the JSE and A2X on 4 September 2024.New Risk • Aug 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.4% operating cash flow to total debt). High level of non-cash earnings (39% accrual ratio). Minor Risks Dividend is not well covered by cash flows (131% cash payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (7.7% increase in shares outstanding).New Risk • Jul 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Dividend is not well covered by cash flows (134% cash payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (7.7% increase in shares outstanding).Recent Insider Transactions • Jun 13Non-Independent Non-Executive Director recently bought €145k worth of stockOn the 10th of June, Desmond de Beer bought around 376k shares on-market at roughly €0.39 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €1.0m. Insiders have collectively bought €11m more in shares than they have sold in the last 12 months.Recent Insider Transactions • May 24Non-Independent Non-Executive Director recently bought €390k worth of stockOn the 21st of May, Desmond de Beer bought around 994k shares on-market at roughly €0.39 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €1.0m. Insiders have collectively bought €9.6m more in shares than they have sold in the last 12 months.Recent Insider Transactions • May 08Non-Independent Non-Executive Director recently bought €1.0m worth of stockOn the 30th of April, Desmond de Beer bought around 3m shares on-market at roughly €0.40 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €9.2m more in shares than they have sold in the last 12 months.공시 • Apr 17Lighthouse Properties p.l.c., Annual General Meeting, May 14, 2024Lighthouse Properties p.l.c., Annual General Meeting, May 14, 2024, at 10:00 Central European Standard Time. Location: the Company's registered office on the 4th Floor, Office 41, Block A IL-Piazzetta, Tower Road Sliema MaltaUpcoming Dividend • Apr 03Upcoming dividend of €0.013 per shareEligible shareholders must have bought the stock before 10 April 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.7%).Declared Dividend • Mar 18Final dividend of €0.013 announcedShareholders will receive a dividend of €0.013. Ex-date: 10th April 2024 Payment date: 15th May 2024 Dividend yield will be 7.5%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 13Full year 2023 earnings released: EPS: €0.23 (vs €0.015 in FY 2022)Full year 2023 results: EPS: €0.23 (up from €0.015 in FY 2022). Revenue: €87.4m (up 14% from FY 2022). Net income: €407.7m (up €382.6m from FY 2022).New Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 146% Cash payout ratio: 153% Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Significant insider selling over the past 3 months (€15m sold).Recent Insider Transactions • Nov 09Non-Independent Non-Executive Director recently bought €545k worth of stockOn the 6th of November, Desmond de Beer bought around 2m shares on-market at roughly €0.27 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €833k. Insiders have collectively bought €7.7m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Oct 13Non-Independent Non-Executive Director recently bought €60k worth of stockOn the 11th of October, Desmond de Beer bought around 224k shares on-market at roughly €0.27 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €833k. Insiders have collectively bought €6.8m more in shares than they have sold in the last 12 months.공시 • Oct 08Lighthouse Properties plc Declares Dividend for the Six Months Ended 30 June 2023Lighthouse Properties plc announced that the Company intends to declare a dividend of 1.35 EUR cents per share for the six months ended 30 June 2023, being a decrease of 16.92% compared to the dividend of 1.625 EUR cents per share for the six months ended 30 June 2022.Recent Insider Transactions • Oct 05Non-Independent Non-Executive Director recently bought €101k worth of stockOn the 2nd of October, Desmond de Beer bought around 377k shares on-market at roughly €0.27 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €833k. Insiders have collectively bought €7.3m more in shares than they have sold in the last 12 months.Buying Opportunity • Sep 25Now 32% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be €0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable.Recent Insider Transactions • Sep 22Non-Independent Non-Executive Director recently bought €94k worth of stockOn the 20th of September, Desmond de Beer bought around 344k shares on-market at roughly €0.27 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €833k. Insiders have collectively bought €7.1m more in shares than they have sold in the last 12 months.Board Change • Sep 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Alternate Non-Independent Non-Executive Director Nick Hanekom was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Aug 24Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • Aug 23Upcoming dividend of €0.013 per share at 11% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 12 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 11%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.8%).공시 • Aug 23Lighthouse Properties plc Announces Cash Dividend for the Six Months Ended 30 June 2023Lighthouse Properties plc distributed to shareholders in respect of a cash dividend of 1,35 cents per share ("Cash Dividend"). The net Cash Dividend amount is 22,31723 ZAR cents per share for South African shareholders liable for South African dividends tax at a rate of 20%.Recent Insider Transactions • Aug 20Non-Independent Non-Executive Director recently bought €295k worth of stockOn the 16th of August, Desmond de Beer bought around 1m shares on-market at roughly €0.29 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €632k. Insiders have collectively bought €6.9m more in shares than they have sold in the last 12 months.New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 160% Cash payout ratio: 153% Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.4% increase in shares outstanding).Board Change • Jul 26High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Alternate Non-Independent Non-Executive Director Nick Hanekom was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.이익 및 매출 성장 예측DB:87O - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028156N/AN/AN/A112/31/2027151N/AN/AN/A112/31/2026147N/AN/AN/A112/31/20251651035555N/A9/30/2025151905152N/A6/30/2025138784849N/A3/31/2025126714546N/A12/31/2024115644343N/A9/30/20241062324040N/A6/30/2024984003838N/A3/31/2024934023737N/A12/31/2023884053737N/A9/30/2023842193636N/A6/30/202380333636N/A3/31/202378292929N/A12/31/202277252222N/A9/30/202266251818N/A6/30/202254241313N/A3/31/2022-22-461313N/A12/31/2021-35-461313N/A6/30/2021-104-2172323N/A3/31/2021-42-1431717N/A12/31/2020-36-2171818N/A9/30/202027-20255N/A6/30/202028-49305305N/A3/31/202031-63314314N/A12/31/20192916313313N/A9/30/201929-26N/A-9N/A6/30/201930-10N/A-293N/A3/31/20193876N/A-287N/A12/31/201840-15N/A-277N/A9/30/20183742N/A27N/A6/30/201834-9N/A22N/A3/31/201822-97N/A23N/A12/31/201714-4N/A23N/A9/30/201711-30N/A28N/A6/30/2017620N/A4N/A3/31/2017347N/A5N/A12/31/2016235N/A-6N/A9/30/2016140N/A0N/A6/30/2016021N/A12N/A3/31/201600N/A0N/A9/30/201500N/A0N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 87O 의 예상 수익 증가율이 절약률(1.9%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: 87O 의 수익이 German 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: 87O 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: 87O 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -1.5%).고성장 매출: 87O 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -1.5%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: 87O의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate-management-and-development 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/28 03:06종가2026/06/26 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Lighthouse Properties p.l.c.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Rofhiwa TshishongaAvior Capital MarketsNazeem SamsodienMacquarie Research
New Risk • Jun 28New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €39m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.3% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (155% cash payout ratio). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€39m sold).
Buy Or Sell Opportunity • Jun 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.3% to €0.36. The fair value is estimated to be €0.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has declined by 8.1%.
Recent Insider Transactions • Jun 04Non-Independent Non-Executive Director recently bought €4.1m worth of stockOn the 3rd of June, Desmond de Beer bought around 560k shares on-market at roughly €7.30 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €5.3m. Despite this recent purchase, insiders have collectively sold €26m more in shares than they bought in the last 12 months.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Alternate Director Nick Hanekom was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • Apr 11Lighthouse Properties p.l.c., Annual General Meeting, May 06, 2026Lighthouse Properties p.l.c., Annual General Meeting, May 06, 2026, at 10:00 Central European Standard Time. Location: company`s registered office, 4th floor, office 41, block a, il-piazzetta, tower road, sliema, slm 1605, Malta
공시 • Feb 06+ 1 more updateLighthouse Properties p.l.c. to Report Fiscal Year 2025 Results on Mar 04, 2026Lighthouse Properties p.l.c. announced that they will report fiscal year 2025 results at 4:50 PM, South Africa Standard Time on Mar 04, 2026
공시 • Jun 30Lighthouse Properties p.l.c. (JSE:LTE) acquired Gran Casino De Cartagena Espacio Mediterraneo Sa (Extinguida) from Westinvest Gesellschaft FÜR Investmentfonds Mbh for approximately €140 millionLighthouse Properties p.l.c. (JSE:LTE) acquired Gran Casino De Cartagena Espacio Mediterraneo Sa (Extinguida) from Westinvest Gesellschaft FÜR Investmentfonds Mbh for approximately €140 million on June 27, 2025. A cash consideration of €135.4 million will be paid by Lighthouse Properties p.l.c. As part of consideration, €135.4 million is paid towards common equity of Gran Casino De Cartagena Espacio Mediterraneo Sa (Extinguida). Lighthouse Properties p.l.c. (JSE:LTE) completed the acquisition of Gran Casino De Cartagena Espacio Mediterraneo Sa (Extinguida) from Westinvest Gesellschaft FÜR Investmentfonds Mbh for approximately €140 million on June 27, 2025.
공시 • Mar 28Lighthouse Properties p.l.c., Annual General Meeting, Apr 23, 2025Lighthouse Properties p.l.c., Annual General Meeting, Apr 23, 2025, at 10:00 Central European Standard Time. Location: company`s registered office, 4th floor, office 41, block a, il-piazzetta, tower road, sliema, slm 1605, Malta
공시 • Feb 18Lighthouse Properties p.l.c. to Report First Half, 2025 Results on Aug 12, 2025Lighthouse Properties p.l.c. announced that they will report first half, 2025 results on Aug 12, 2025
Recent Insider Transactions • Nov 10Non-Independent Non-Executive Director recently bought €26k worth of stockOn the 1st of November, Desmond de Beer bought around 65k shares on-market at roughly €0.41 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €1.4m. Insiders have collectively bought €6.2m more in shares than they have sold in the last 12 months.
New Risk • Oct 09New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (7.7% increase in shares outstanding).
Declared Dividend • Aug 19First half dividend reduced to €0.012Dividend of €0.012 is 13% lower than last year. Ex-date: 4th September 2024 Payment date: 12th September 2024 Dividend yield will be 6.5%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (6% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 60% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Aug 17Lighthouse Properties p.l.c. Approves Interim Dividend for the Six Months Ended 30 June 2024, Payable on 12 September 2024Lighthouse Properties p.l.c. announced that the board of directors has approved an interim dividend of 1.21660 EUR cents per share for the six months ended 30 June 2024. The Board has resolved to offer Shareholders the interim dividend as a cash dividend of 1.21660 EUR cents per Lighthouse share (‘Cash Dividend’), with an alternative scrip distribution option (‘Scrip Distribution’) of 1.21660 EUR cents per Lighthouse share. Record Date is 6 September 2024 and Payment of Cash Dividend, is 12 September 2024. Shares commence trading ex-Scrip Distribution or Cash Dividend on the JSE and A2X on 4 September 2024.
New Risk • Aug 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.4% operating cash flow to total debt). High level of non-cash earnings (39% accrual ratio). Minor Risks Dividend is not well covered by cash flows (131% cash payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (7.7% increase in shares outstanding).
New Risk • Jul 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Dividend is not well covered by cash flows (134% cash payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (7.7% increase in shares outstanding).
Recent Insider Transactions • Jun 13Non-Independent Non-Executive Director recently bought €145k worth of stockOn the 10th of June, Desmond de Beer bought around 376k shares on-market at roughly €0.39 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €1.0m. Insiders have collectively bought €11m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • May 24Non-Independent Non-Executive Director recently bought €390k worth of stockOn the 21st of May, Desmond de Beer bought around 994k shares on-market at roughly €0.39 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €1.0m. Insiders have collectively bought €9.6m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • May 08Non-Independent Non-Executive Director recently bought €1.0m worth of stockOn the 30th of April, Desmond de Beer bought around 3m shares on-market at roughly €0.40 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €9.2m more in shares than they have sold in the last 12 months.
공시 • Apr 17Lighthouse Properties p.l.c., Annual General Meeting, May 14, 2024Lighthouse Properties p.l.c., Annual General Meeting, May 14, 2024, at 10:00 Central European Standard Time. Location: the Company's registered office on the 4th Floor, Office 41, Block A IL-Piazzetta, Tower Road Sliema Malta
Upcoming Dividend • Apr 03Upcoming dividend of €0.013 per shareEligible shareholders must have bought the stock before 10 April 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.7%).
Declared Dividend • Mar 18Final dividend of €0.013 announcedShareholders will receive a dividend of €0.013. Ex-date: 10th April 2024 Payment date: 15th May 2024 Dividend yield will be 7.5%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 13Full year 2023 earnings released: EPS: €0.23 (vs €0.015 in FY 2022)Full year 2023 results: EPS: €0.23 (up from €0.015 in FY 2022). Revenue: €87.4m (up 14% from FY 2022). Net income: €407.7m (up €382.6m from FY 2022).
New Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 146% Cash payout ratio: 153% Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Significant insider selling over the past 3 months (€15m sold).
Recent Insider Transactions • Nov 09Non-Independent Non-Executive Director recently bought €545k worth of stockOn the 6th of November, Desmond de Beer bought around 2m shares on-market at roughly €0.27 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €833k. Insiders have collectively bought €7.7m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Oct 13Non-Independent Non-Executive Director recently bought €60k worth of stockOn the 11th of October, Desmond de Beer bought around 224k shares on-market at roughly €0.27 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €833k. Insiders have collectively bought €6.8m more in shares than they have sold in the last 12 months.
공시 • Oct 08Lighthouse Properties plc Declares Dividend for the Six Months Ended 30 June 2023Lighthouse Properties plc announced that the Company intends to declare a dividend of 1.35 EUR cents per share for the six months ended 30 June 2023, being a decrease of 16.92% compared to the dividend of 1.625 EUR cents per share for the six months ended 30 June 2022.
Recent Insider Transactions • Oct 05Non-Independent Non-Executive Director recently bought €101k worth of stockOn the 2nd of October, Desmond de Beer bought around 377k shares on-market at roughly €0.27 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €833k. Insiders have collectively bought €7.3m more in shares than they have sold in the last 12 months.
Buying Opportunity • Sep 25Now 32% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be €0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable.
Recent Insider Transactions • Sep 22Non-Independent Non-Executive Director recently bought €94k worth of stockOn the 20th of September, Desmond de Beer bought around 344k shares on-market at roughly €0.27 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €833k. Insiders have collectively bought €7.1m more in shares than they have sold in the last 12 months.
Board Change • Sep 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Alternate Non-Independent Non-Executive Director Nick Hanekom was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Aug 24Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • Aug 23Upcoming dividend of €0.013 per share at 11% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 12 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 11%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.8%).
공시 • Aug 23Lighthouse Properties plc Announces Cash Dividend for the Six Months Ended 30 June 2023Lighthouse Properties plc distributed to shareholders in respect of a cash dividend of 1,35 cents per share ("Cash Dividend"). The net Cash Dividend amount is 22,31723 ZAR cents per share for South African shareholders liable for South African dividends tax at a rate of 20%.
Recent Insider Transactions • Aug 20Non-Independent Non-Executive Director recently bought €295k worth of stockOn the 16th of August, Desmond de Beer bought around 1m shares on-market at roughly €0.29 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €632k. Insiders have collectively bought €6.9m more in shares than they have sold in the last 12 months.
New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 160% Cash payout ratio: 153% Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.4% increase in shares outstanding).
Board Change • Jul 26High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Alternate Non-Independent Non-Executive Director Nick Hanekom was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.