TOC Property Backed Lending Trust Plc provides a portfolio of fixed rate loans primarily secured over land and/or property in the United Kingdom. More Details
Worrying balance sheet with weak fundamentals.
Share Price & News
How has TOC Property Backed Lending Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PBLT is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: PBLT's weekly volatility (0%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PBLT underperformed the UK Mortgage industry which returned -2.5% over the past year.
Return vs Market: PBLT underperformed the UK Market which returned -8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TOC Property Backed Lending Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StKnow This Before Buying TOC Property Backed Lending Trust Plc (LON:PBLT) For Its Dividend
10 months ago | Simply Wall StWhy You Should Leave TOC Property Backed Lending Trust Plc (LON:PBLT)'s Upcoming Dividend On The Shelf
11 months ago | Simply Wall StShould You Buy TOC Property Backed Lending Trust Plc (LON:PBLT) For Its Dividend?
Is TOC Property Backed Lending Trust undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PBLT (£0.86) is trading above our estimate of fair value (£0.38)
Significantly Below Fair Value: PBLT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PBLT is unprofitable, so we can't compare its PE Ratio to the XE Mortgage industry average.
PE vs Market: PBLT 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 PBLT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PBLT's PB Ratio (1.1x) is in line with the GB Mortgage industry average.
How is TOC Property Backed Lending Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TOC Property Backed Lending Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of PBLT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- TOC Property Backed Lending Trust competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
How has TOC Property Backed Lending Trust performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: PBLT is currently unprofitable.
Growing Profit Margin: PBLT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if PBLT's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare PBLT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PBLT is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (-6.8%).
Return on Equity
High ROE: PBLT has a negative Return on Equity (-6.92%), as it is currently unprofitable.
How is TOC Property Backed Lending Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: PBLT's Assets to Equity ratio (1.3x) is low.
Allowance for Bad Loans: Insufficient data to determine if PBLT has a sufficient allowance for bad loans.
Low Risk Liabilities: PBLT reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if PBLT has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: PBLT reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if PBLT has an appropriate level of bad loans.
What is TOC Property Backed Lending Trust current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PBLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PBLT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PBLT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PBLT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PBLT is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PBLT's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
TOC Property Backed Lending Trust has no CEO, or we have no data on them.
|Independent Non-Executive Chairman||1.75yrs||no data||0.019% |
|Independent Non-Executive Director||4.08yrs||no data||0.19% |
|Non-Independent Non-Executive Director||2.75yrs||no data||0.14% |
|Independent Non-Executive Director||4.08yrs||no data||0.032% |
Experienced Board: PBLT's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TOC Property Backed Lending Trust Plc's company bio, employee growth, exchange listings and data sources
- Name: TOC Property Backed Lending Trust Plc
- Ticker: PBLT
- Exchange: LSE
- Founded: 2017
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: UK£23.155m
- Shares outstanding: 26.92m
- Website: https://www.tocpropertybackedlendingtrust.co.uk
- TOC Property Backed Lending Trust Plc
- Keel House
- Garth Heads
- Newcastle upon Tyne
- Tyne and Wear
- NE1 2JE
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PBLT||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jan 2017|
TOC Property Backed Lending Trust Plc provides a portfolio of fixed rate loans primarily secured over land and/or property in the United Kingdom. It also invest in financial assets comprising loans. The co...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/28 03:05|
|End of Day Share Price||2021/01/27 00:00|
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.