AIM:UEX

Stock Analysis Report

Executive Summary

Urban Exposure Plc, through its subsidiaries, provides development finance loans in the United Kingdom.

Snowflake

Fundamentals

High growth potential unattractive dividend payer.

Share Price & News

How has Urban Exposure's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UEX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.9%

UEX

0.8%

GB Mortgage

-0.2%

GB Market


1 Year Return

-22.1%

UEX

3.9%

GB Mortgage

4.7%

GB Market

Return vs Industry: UEX underperformed the UK Mortgage industry which returned 3.9% over the past year.

Return vs Market: UEX underperformed the UK Market which returned 4.7% over the past year.


Shareholder returns

UEXIndustryMarket
7 Day8.9%0.8%-0.2%
30 Day5.5%0.3%0.8%
90 Day45.7%6.3%3.7%
1 Year-17.3%-22.1%7.2%3.9%10.1%4.7%
3 Yearn/a41.5%27.2%20.9%5.6%
5 Yearn/a56.9%42.2%32.3%2.2%

Price Volatility Vs. Market

How volatile is Urban Exposure's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Urban Exposure undervalued compared to its fair value and its price relative to the market?

0.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate UEX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate UEX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: UEX is unprofitable, so we can't compare its PE Ratio to the Mortgage industry average.

PE vs Market: UEX is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UEX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UEX is good value based on its PB Ratio (0.7x) compared to the GB Mortgage industry average (1.2x).


Next Steps

Future Growth

How is Urban Exposure forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

66.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UEX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: UEX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: UEX's is expected to become profitable in the next 3 years.

Revenue vs Market: UEX's revenue (35.8% per year) is forecast to grow faster than the UK market (3.6% per year).

High Growth Revenue: UEX's revenue (35.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UEX's Return on Equity is forecast to be low in 3 years time (0.5%).


Next Steps

Past Performance

How has Urban Exposure performed over the past 5 years?

18.4%

Historical Banks annual earnings growth


Earnings and Revenue History

Quality Earnings: UEX has large one-off items impacting its financial results.

Growing Profit Margin: UEX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if UEX's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare UEX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UEX is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (0.8%).


Return on Equity

High ROE: UEX has a negative Return on Equity (-1.52%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Urban Exposure's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: UEX has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if UEX's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if UEX has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if UEX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: UEX's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if UEX has a sufficient allowance for bad loans.

Low Risk Liabilities: UEX reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if UEX has an acceptable proportion of non-loan assets held.

Low Risk Deposits: UEX has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if UEX has an appropriate level of bad loans.


Next Steps

Dividend

What is Urban Exposure's current dividend yield, its reliability and sustainability?

7.46%

Current Dividend Yield


Dividend Yield vs Market

company7.5%marketbottom25%2.0%markettop25%5.3%industryaverage4.8%forecastin3Years7.8%

Current dividend yield vs market & industry

Notable Dividend: UEX's dividend (7.46%) is higher than the bottom 25% of dividend payers in the UK market (1.97%).

High Dividend: UEX's dividend (7.46%) is in the top 25% of dividend payers in the UK market (5.33%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether UEX's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if UEX's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: UEX is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: UEX's dividends in 3 years are not forecast to be well covered by earnings (162.7% payout ratio).


Next Steps

Management

What is the CEO of Urban Exposure's salary, the management and board of directors tenure and is there insider trading?

1.6yrs

Average board tenure


CEO

Randeesh Sandhu (41yo)

0yrs

Tenure

0

Mr. Randeesh Singh Sandhu serves as the Chief Executive Officer at Urban Exposure plc and has been its Executive Director since April 10, 2018. Mr. Sandhu co-founded the Urban Exposure Business in 2002 whe ...


Board Age and Tenure

1.6yrs

Average Tenure

55yo

Average Age

Experienced Board: UEX's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team

  • Sam Dobbyn

    CFO & Director

    • Tenure: 0.3yrs
  • Ravi Takhar (54yo)

    Chief Risk Officer & Chairman

    • Tenure: 0.8yrs
  • Randeesh Sandhu (41yo)

    CEO & Executive Director

    • Tenure: 0yrs
  • Daljit Sandhu

    Chief Operating Officer

    • Tenure: 0yrs
  • Victor Librae

    Partner in Origination

    • Tenure: 0yrs
  • Adrian Mediratta

    Partner in Origination

    • Tenure: 0yrs
  • Karen Dunstan

    General Counsel

    • Tenure: 0yrs
  • Isabelle Harris

    Director of Human Resource

    • Tenure: 0yrs
  • Graeme Alfille-Cook

    Chief Strategy Officer

    • Tenure: 0.2yrs

Board Members

  • Nigel Greenaway (58yo)

    Independent Non-Executive Director

    • Tenure: 1.6yrs
  • Andrew Baddeley (55yo)

    Independent Non-Executive Director

    • Tenure: 1.6yrs
  • Sam Dobbyn

    CFO & Director

    • Tenure: 0.3yrs
  • Ravi Takhar (54yo)

    Chief Risk Officer & Chairman

    • Tenure: 0.8yrs
  • Randeesh Sandhu (41yo)

    CEO & Executive Director

    • Tenure: 0yrs
  • William McKee (76yo)

    Director

    • Tenure: 1.6yrs

Company Information

Urban Exposure Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Urban Exposure Plc
  • Ticker: UEX
  • Exchange: AIM
  • Founded: 2018
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: UK£106.191m
  • Shares outstanding: 158.49m
  • Website: https://www.urbanexposureplc.com

Number of Employees


Location

  • Urban Exposure Plc
  • 6 Duke Street
  • St. James’s
  • London
  • Greater London
  • SW1Y 6BN
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UEXAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMay 2018

Biography

Urban Exposure Plc, through its subsidiaries, provides development finance loans in the United Kingdom. The company offers senior and stretch senior debt, and bridge finance to property developers for resi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/22 22:41
End of Day Share Price2019/11/22 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.