Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.59 million sq ft of mixed-use commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.
Real Estate Investors Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.40|
|52 Week High||UK£0.26|
|52 Week Low||UK£0.43|
|1 Month Change||-5.39%|
|3 Month Change||-0.63%|
|1 Year Change||43.64%|
|3 Year Change||-29.46%|
|5 Year Change||-35.25%|
|Change since IPO||-67.08%|
Recent News & Updates
|RLE||GB REITs||GB Market|
Return vs Industry: RLE exceeded the UK REITs industry which returned 35.1% over the past year.
Return vs Market: RLE exceeded the UK Market which returned 23.4% over the past year.
Stable Share Price: RLE is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: RLE's weekly volatility (4%) has been stable over the past year.
About the Company
Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.59 million sq ft of mixed-use commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors. The Company’s strategy is to invest in well located, real estate assets in the established and proven markets across the Midlands, with income and capital growth potential, realisable through active portfolio management, refurbishment, change of use and lettings. The portfolio has no material reliance on a single asset or occupier.
Real Estate Investors Fundamentals Summary
|RLE fundamental statistics|
Is RLE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RLE income statement (TTM)|
|Cost of Revenue||UK£1.52m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.043|
|Net Profit Margin||-48.52%|
How did RLE perform over the long term?See historical performance and comparison
7.6%Current Dividend Yield
Does RLE pay a reliable dividends?See RLE dividend history and benchmarks
|Real Estate Investors dividend dates|
|Ex Dividend Date||Oct 07 2021|
|Dividend Pay Date||Oct 29 2021|
|Days until Ex dividend||10 days|
|Days until Dividend pay date||32 days|
Does RLE pay a reliable dividends?See RLE dividend history and benchmarks
Is Real Estate Investors undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RLE (£0.4) is trading below our estimate of fair value (£0.99)
Significantly Below Fair Value: RLE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RLE is unprofitable, so we can't compare its PE Ratio to the UK REITs industry average.
PE vs Market: RLE 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 RLE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RLE is good value based on its PB Ratio (0.7x) compared to the GB REITs industry average (0.9x).
How is Real Estate Investors forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if RLE's forecast earnings growth is above the savings rate (0.9%).
Earnings vs Market: Insufficient data to determine if RLE's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RLE's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: RLE's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RLE's Return on Equity is forecast to be high in 3 years time
How has Real Estate Investors performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RLE is currently unprofitable.
Growing Profit Margin: RLE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RLE is unprofitable, and losses have increased over the past 5 years at a rate of 54.4% per year.
Accelerating Growth: Unable to compare RLE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RLE is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (46.5%).
Return on Equity
High ROE: RLE has a negative Return on Equity (-7.54%), as it is currently unprofitable.
How is Real Estate Investors's financial position?
Financial Position Analysis
Short Term Liabilities: RLE's short term assets (£16.3M) exceed its short term liabilities (£11.2M).
Long Term Liabilities: RLE's short term assets (£16.3M) do not cover its long term liabilities (£94.9M).
Debt to Equity History and Analysis
Debt Level: RLE's debt to equity ratio (96%) is considered high.
Reducing Debt: RLE's debt to equity ratio has increased from 75.8% to 96% over the past 5 years.
Debt Coverage: RLE's debt is not well covered by operating cash flow (11%).
Interest Coverage: RLE's interest payments on its debt are well covered by EBIT (4.5x coverage).
What is Real Estate Investors's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: RLE's dividend (7.59%) is higher than the bottom 25% of dividend payers in the UK market (1.34%).
High Dividend: RLE's dividend (7.59%) is in the top 25% of dividend payers in the UK market (3.93%)
Stability and Growth of Payments
Stable Dividend: RLE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RLE's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.3%), RLE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RLE's dividends in 3 years are forecast to be covered by earnings (92.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Paul Bassi (58 yo)
Mr. Paramjit Singh Bassi, CBE, DL, D. UNIV, DSc, also known as Paul, has been the Chief Executive Officer and Executive Director of Real Estate Investors Plc since June 29, 2006 and June 2006 respectively....
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD1.03M) is above average for companies of similar size in the UK market ($USD324.54K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Experienced Board: RLE's board of directors are considered experienced (6.9 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Real Estate Investors plc's employee growth, exchange listings and data sources
- Name: Real Estate Investors plc
- Ticker: RLE
- Exchange: AIM
- Founded: 2004
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: UK£70.854m
- Shares outstanding: 179.38m
- Website: https://www.reiplc.com
Number of Employees
- Real Estate Investors plc
- 2nd Floor
- 75–77 Colmore Row
- East Lothian
- B3 2AP
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 17:53|
|End of Day Share Price||2021/09/24 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.