Urban Logistics REIT plc is a property investment company, quoted on the AIM market of the London Stock Exchange, (AIM: SHED).
Fair value second-rate dividend payer.
Share Price & News
How has Urban Logistics REIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SHED has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SHED exceeded the UK REITs industry which returned 13.7% over the past year.
Return vs Market: SHED exceeded the UK Market which returned 6.2% over the past year.
Price Volatility Vs. Market
How volatile is Urban Logistics REIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat Type Of Shareholder Owns Urban Logistics REIT plc's (LON:SHED)?
6 months ago | Simply Wall StIs Urban Logistics REIT plc's (LON:SHED) 16% ROE Better Than Average?
7 months ago | Simply Wall StInvestors Who Bought Urban Logistics REIT (LON:SHED) Shares Three Years Ago Are Now Up 23%
Is Urban Logistics REIT 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: SHED (£1.45) is trading below our estimate of fair value (£1.74)
Significantly Below Fair Value: SHED is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SHED is good value based on its PE Ratio (6.8x) compared to the REITs industry average (15.1x).
PE vs Market: SHED is good value based on its PE Ratio (6.8x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SHED's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SHED is overvalued based on its PB Ratio (1x) compared to the GB REITs industry average (1x).
How is Urban Logistics REIT forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if SHED's forecast earnings growth is above the savings rate (0.5%).
Earnings vs Market: Insufficient data to determine if SHED'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: SHED's revenue (7.1% per year) is forecast to grow faster than the UK market (3.5% per year).
High Growth Revenue: SHED's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SHED's Return on Equity is forecast to be high in 3 years time
How has Urban Logistics REIT performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SHED has a large one-off gain of £13.1M impacting its September 30 2019 financial results.
Growing Profit Margin: SHED's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SHED's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare SHED's past year earnings growth to its 5-year average.
Earnings vs Industry: SHED earnings growth over the past year (15%) exceeded the REITs industry -20.8%.
Return on Equity
High ROE: SHED's Return on Equity (14.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Urban Logistics REIT's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: SHED has a high level of physical assets or inventory.
Debt Coverage by Assets: SHED's debt is not covered by short term assets (assets are 0.2x debt).
Financial Institutions Analysis
Asset Level: SHED's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if SHED has a sufficient allowance for bad loans.
Low Risk Liabilities: SHED reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if SHED has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SHED has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if SHED has an appropriate level of bad loans.
What is Urban Logistics REIT's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Urban Logistics REIT before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SHED's dividend (4.83%) is higher than the bottom 25% of dividend payers in the UK market (1.82%).
High Dividend: SHED's dividend (4.83%) is low compared to the top 25% of dividend payers in the UK market (5.15%).
Stability and Growth of Payments
Stable Dividend: SHED has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SHED's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.2%), SHED's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHED's dividends in 3 years are forecast to be covered by earnings (91.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Moffitt (54yo)
Mr. John Richard Moffitt served as the Head of Industrial and Executive Director at CBRE Limited, where he was Head of the UK Industrial team. Mr. Moffitt serves as Chief Executive Officer of Urban Logisti ...
|CEO & Director||0yrs||no data||0.22% £577.6k|
|Independent Non-Executive Chairman||3.1yrs||UK£75.00k||0.12% £327.0k|
|Non-Executive Director||3.1yrs||no data||0.11% £280.5k|
|Independent Non-Executive Director||3.8yrs||UK£35.00k||0.025% £66.1k|
|Senior Independent Director||0yrs||UK£35.00k||0.033% £87.0k|
Experienced Board: SHED's board of directors are considered experienced (3.5 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 been diluted in the past year, with total shares outstanding growing by 14.9%.
Urban Logistics REIT plc's company bio, employee growth, exchange listings and data sources
- Name: Urban Logistics REIT plc
- Ticker: SHED
- Exchange: AIM
- Industry: Industrial REITs
- Sector: Real Estate
- Market Cap: UK£264.331m
- Shares outstanding: 182.30m
- Website: https://www.urbanlogisticsreit.com
- Urban Logistics REIT plc
- 124 Sloane Street
- East Lothian
- SW1X 9BW
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SHED||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Apr 2016|
Urban Logistics REIT plc is a property investment company, quoted on the AIM market of the London Stock Exchange, (AIM: SHED). The Company invests in UK-based logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let logistics properties servicing high-quality tenants. Investment returns will be generated by an experienced management team focusing on quality stock selection and active asset management.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 22:56|
|End of Day Share Price||2020/02/18 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.