LondonMetric Property (DB:5PP) - Stock Price, News & Analysis

5PP Stock Overview

LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a grocery-led long income portfolio, with 17 million sq ft under management.

5PP fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	0/6
Financial Health	2/6
Dividends	6/6

Rewards

Earnings are forecast to grow 128.35% per year

Pays a high and reliable dividend of 5.28%

Risk Analysis

Debt is not well covered by operating cash flow

My Notes

Capture your thoughts, links and company narrative

LondonMetric Property Plc Competitors

alstria office REIT-AG

XTRA:AOX

€895.0m

GSW Immobilien

DB:GIB

€5.0b

Hamborner REIT

XTRA:HABA

€540.1m

ESR-Logos REIT

SGX:J91U

S$2.5b

Price History & Performance

Summary of all time highs, changes and price drops for LondonMetric Property
Historical stock prices
Current Share Price	UK£2.00
52 Week High	UK£2.98
52 Week Low	UK£1.79
Beta	0.79
1 Month Change	-4.76%
3 Month Change	-2.91%
1 Year Change	-32.89%
3 Year Change	-17.42%
5 Year Change	n/a
Change since IPO	0.35%

Recent updates

Shareholder Returns

	5PP	DE Industrial REITs	DE Market
7D	-6.5%	0%	0%
1Y	-32.9%	0%	0%

Return vs Industry: 5PP underperformed the German Industrial REITs industry which returned -28.7% over the past year.

Return vs Market: 5PP underperformed the German Market which returned -8.2% over the past year.

Price Volatility

Is 5PP's price volatile compared to industry and market?
5PP volatility
5PP Average Weekly Movement	4.5%
Industrial REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in DE Market	0%
10% least volatile stocks in DE Market	0%

Stable Share Price: 5PP is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 5PP's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	34	Andrew Jones	https://www.londonmetric.com

LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a grocery-led long income portfolio, with 17 million sq ft under management. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.

LondonMetric Property Plc Fundamentals Summary

How do LondonMetric Property's earnings and revenue compare to its market cap?
5PP fundamental statistics
Market Cap	€2.05b
Earnings (TTM)	-€588.84m
Revenue (TTM)	€158.64m

12.9x

P/S Ratio

-3.5x

P/E Ratio

Is 5PP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
5PP income statement (TTM)
Revenue	UK£136.40m
Cost of Revenue	UK£1.50m
Gross Profit	UK£134.90m
Other Expenses	UK£641.20m
Earnings	-UK£506.30m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.52
Gross Margin	98.90%
Net Profit Margin	-371.19%
Debt/Equity Ratio	50.6%

How did 5PP perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

63%

Payout Ratio

Does 5PP pay a reliable dividends?

See 5PP dividend history and benchmarks

When do you need to buy 5PP by to receive an upcoming dividend?
LondonMetric Property dividend dates
Ex Dividend Date	Jun 01 2023
Dividend Pay Date	Jul 12 2023
Days until Ex dividend	1 day
Days until Dividend pay date	40 days

Does 5PP pay a reliable dividends?

See 5PP dividend history and benchmarks

5PP Stock Overview

Rewards

Risk Analysis

LondonMetric Property Plc Competitors

XTRA:AOX

€895.0m

DB:GIB

€5.0b

XTRA:HABA

€540.1m

SGX:J91U

S$2.5b

Price History & Performance

Recent News & Updates

LondonMetric Property Plc, Annual General Meeting, Jun 12, 2023

Full year 2023 earnings released: UK£0.52 loss per share (vs UK£0.79 profit in FY 2022)

LondonMetric Property Plc to Report Fiscal Year 2023 Results on May 24, 2023

LondonMetric Property Plc Announces Board Changes

LondonMetric Property Plc (LSE:LMP) acquired 68,000 sq ft NNN retail asset in South East London for £38.0 million.

LondonMetric Property plc Declares Second Quarterly Interim Dividend, Payable on 10 January 2023

Recent updates

LondonMetric Property Plc, Annual General Meeting, Jun 12, 2023

Full year 2023 earnings released: UK£0.52 loss per share (vs UK£0.79 profit in FY 2022)

LondonMetric Property Plc to Report Fiscal Year 2023 Results on May 24, 2023

LondonMetric Property Plc Announces Board Changes

LondonMetric Property Plc (LSE:LMP) acquired 68,000 sq ft NNN retail asset in South East London for £38.0 million.

LondonMetric Property plc Declares Second Quarterly Interim Dividend, Payable on 10 January 2023

Co-Founder & Non-Executive Chairman recently sold €668k worth of stock

First half 2023 earnings released: UK£0.25 loss per share (vs UK£0.28 profit in 1H 2022)

LondonMetric Property Plc to Report First Half, 2023 Results on Nov 23, 2022

Investor sentiment deteriorated over the past week

Londonmetric Property plc Declares a 4.5% Increase in its First Quarterly Interim Dividend for Fiscal Year 2022-23, Payable on 7 October 2022

Now 21% undervalued after recent price drop

An unknown buyer acquired Roadside Asset in Stamford Hill, London from LondonMetric Property Plc (LSE:LMP) for £4 million.

LondonMetric Property plc Approves Election of Alistair Elliott as A Director At the Annual General Meeting Held on July 13, 2022

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

LondonMetric Property Plc, Annual General Meeting, Jul 13, 2022

Upcoming dividend of UK£0.026 per share

Full year 2022 earnings released: EPS: UK£0.79 (vs UK£0.29 in FY 2021)

LondonMetric Property Plc Announces Fourth Quarterly Interim Dividend for 2022, Payable on July 13, 2022

LondonMetric Property Plc (LSE:LMP) acquired A portfolio comprising two NNN retail assets for £23.3 million.

Euro Garages Limited acquired Petrol filling station and convenience store in Rushden from LondonMetric Property Plc (LSE:LMP).

An unknown buyer acquired A Petrol Filling Station and Convenience Store in Rushden from LondonMetric Property Plc (LSE:LMP).

Insufficient new directors

LondonMetric Property Plc (LSE:LMP) acquired Three Urban Logistics warehouses in Hackney, Acton and Thamesmead.

LondonMetric Property Plc to Report Fiscal Year 2022 Results on May 26, 2022

LondonMetric Property Plc Declares Third Quarterly Interim Dividend, Payable on April 12,2022

An unknown buyer acquired Car Showroom in Solihull from LondonMetric Property Plc (LSE:LMP) for £15 million.

An unknown buyer acquired Car Showroom in Solihull from LondonMetric Property Plc (LSE:LMP) for £15.0 million.

Insufficient new directors

Co-Founder & Non-Executive Chairman recently sold €1.3m worth of stock

First half 2022 earnings released: EPS UK£0.28 (vs UK£0.095 in 1H 2021)

LondonMetric Property Plc (LSE:LMP) acquired 41,000 sq ft building in South Ruislip, West London for £18 million.

An unknown buyer acquired 29,000 sq ft grocery asset in Liverpoo from LondonMetric Property Plc (LSE:LMP) for £10.2 million.

An unknown buyer agreed to acquire Retail park in Kirkstall, Leeds from LondonMetric Property Plc (LSE:LMP) for £25.2 million.

Full year 2021 earnings released: EPS UK£0.29 (vs UK£0.007 loss in FY 2020)

Upcoming dividend of UK£0.024 per share

Full year 2021 earnings released: EPS UK£0.29 (vs UK£0.007 loss in FY 2020)

LondonMetric Property Plc (LSE:LMP) acquired two vacant London warehouse assets in Brent Cross and Streatham for £13.5 million.

LondonMetric Property Plc (LSE:LMP) acquired Data Centre in Milton Keynes from OLIM Property Limited for £23.9 million.

Realty Income Corporation (NYSE:O) acquired Portfolio Of Long Income Assets from LondonMetric Property Plc (LSE:LMP) for £40.9 million.

LondonMetric Property Plc (LSE:LMP) acquired Shell and Budgens service station in Worcester for £4 million.

LondonMetric Property plc Announces Board Changes

LondonMetric Property Plc (LSE:LMP) acquired Two Urban Logistics Warehouses In London And Redditch for £13.2 million

LondonMetric Property Plc (LSE:LMP) acquired Two urban logistics warehouses in Manchester and Birmingham Opus Land Limited and Marshall Holdings Limited for £38.6 million.

LondonMetric Property plc Announces Two Urban Logistics Acquisitions for £39 Million

Key Executive recently sold €1.3m worth of stock

First half 2021 earnings released: EPS UK£0.095

New 90-day low: €2.32

A Private investor agree to acquire a Stand-alone Matalan unit in Leicester from LondonMetric Property Plc (LSE:LMP) for £3.4 million.

LondonMetric Property Plc (LSE:LMP) acquired Three BP/M&S convenience service stations in Brentwood, Pevensey and Lewes for £10.8 million.

Alberta Investment Management Corporation agreed to acquire Portfolio of six distribution warehouses from LondonMetric Property Plc (LSE:LMP) for £57.3 million.

New 90-day high - €2.67

LondonMetric Property Plc (LSE:LMP) acquired Portfolio of 21 UK roadside centers from Kwik-Fit Group Limited.

LondonMetric Property Plc (LSE:LMP) acquired Portfolio of Five Roadside Service Centres in London from Kwik-Fit Group Limited for £9.6 million.

Shareholder Returns

Price Volatility

About the Company

LondonMetric Property Plc Fundamentals Summary