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Derwent London Plc Stock Price

LSE:DLN Community·UK£2.2b Market Cap
  • 2 Narratives written by author
  • 0 Comments on narratives written by author
  • 11 Fair Values set on narratives written by author

DLN Share Price Performance

UK£19.22
-0.39 (-1.99%)
UK£20.84
Fair Value
UK£19.22
-0.39 (-1.99%)
7.8% undervalued intrinsic discount
UK£20.84
Fair Value
Price UK£19.22
AnalystConsensusTarget UK£20.84
AnalystLowTarget UK£16.40

DLN Community Narratives

AnalystConsensusTarget·
Fair Value UK£20.84 7.8% undervalued intrinsic discount

West End Grade A Office Undersupply And Development Pipeline Are Expected To Drive Long-Term Upside

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AnalystLowTarget·
Fair Value UK£16.4 17.2% overvalued intrinsic discount

London Office Space Pressures Will Erode Rental Incomes

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UK£20.84
7.8% undervalued intrinsic discount
Revenue
-6.72% p.a.
Profit Margin
1.25%
Future PE
10.39x
Price in 2028
UK£0.26
UK£16.4
17.2% overvalued intrinsic discount
Revenue
-4.37% p.a.
Profit Margin
84.1%
Future PE
11.41x
Price in 2028
UK£20.92

Trending Discussion

Updated Narratives

DLN logo

West End Grade A Office Undersupply And Development Pipeline Are Expected To Drive Long-Term Upside

Fair Value: UK£20.84 7.8% undervalued intrinsic discount
2 users have followed this narrative
0 users have commented on this narrative
0 users have liked this narrative
DLN logo

London Office Space Pressures Will Erode Rental Incomes

Fair Value: UK£16.4 17.2% overvalued intrinsic discount
2 users have followed this narrative
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Fair value with low risk.

3 Risks
4 Rewards

Derwent London Plc Key Details

UK£279.6m

Revenue

UK£80.4m

Cost of Revenue

UK£199.2m

Gross Profit

-UK£38.7m

Other Expenses

UK£237.9m

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
Feb 26, 2026
2.12
71.24%
85.09%
43.4%
View Full Analysis

About DLN

Founded
1984
Employees
201
CEO
Paul Williams
WebsiteView website
www.derwentlondon.com

Derwent London plc owns a commercial real estate portfolio predominantly in central London valued at £5.2 billion as at 30 June 2025, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via redevelopment or refurbishment, effective asset management and capital recycling. We typically acquire central London properties off-market with low capital values and modest rents in improving locations, most of which are either in the West End or City Borders. We capitalise on the unique qualities of each of our properties – taking a fresh approach to the regeneration of every building with a focus on anticipating tenant requirements and an emphasis on design. Reflecting and supporting our long-term success, the business has a strong balance sheet with modest leverage, a robust income stream and flexible financing. We are frequently recognised in industry awards for the quality, design and innovation of our projects. Landmark buildings in our 5.3 million sq ft portfolio include 1 Soho Place W1, 80 Charlotte Street W1, Brunel Building W2, White Collar Factory EC1, Angel Building EC1, 1-2 Stephen Street W1 and Tea Building E1. As part of our commitment to lead the industry in mitigating climate change, Derwent London has committed to becoming a net zero carbon business by 2030, publishing its pathway to achieving this goal in July 2020. Our science-based carbon targets validated by the Science Based Targets initiative (SBTi). In 2013 the Company launched a voluntary Community Fund which has to date supported 180 community projects in central London. The Company is a public limited company, which is listed on the London Stock Exchange and incorporated and domiciled in the UK. The address of its registered office is 25 Savile Row, London, W1S 2ER.

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