Urban Logistics REIT plc, previously Pacific Industrial & Logistics REIT plc, (the "Company") and its subsidiaries (the "Group") carry on the business of property lettings throughout the United Kingdom. More Details
Fair value with mediocre balance sheet.
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 -14.1% over the past year.
Return vs Market: SHED exceeded the UK Market which returned -13.8% 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
3 weeks ago | Simply Wall StShareholders Of Urban Logistics REIT (LON:SHED) Must Be Happy With Their 41% Return
1 month ago | Simply Wall StDid Urban Logistics REIT plc (LON:SHED) Insiders Buy Up More Shares?
6 months ago | Simply Wall StIndependent Non-Executive Chairman Nigel Sutherland Rich Just Bought Shares In Urban Logistics REIT plc (LON:SHED)
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 (£1.47) is trading below our estimate of fair value (£1.52)
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 (14.8x) compared to the GB REITs industry average (18.4x).
PE vs Market: SHED is good value based on its PE Ratio (14.8x) compared to the UK market (17.7x).
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 (1.1x) compared to the GB REITs industry average (0.7x).
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 (1.2%).
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 (21.7% per year) is forecast to grow faster than the UK market (6.3% per year).
High Growth Revenue: SHED's revenue (21.7% per year) is forecast to grow faster 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 £6.3M impacting its March 31 2020 financial results.
Growing Profit Margin: SHED's current net profit margins (74.3%) 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: SHED's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SHED had negative earnings growth (-50.1%) over the past year, making it difficult to compare to the REITs industry average (-26.9%).
Return on Equity
High ROE: SHED's Return on Equity (3.6%) is considered low.
How is Urban Logistics REIT's financial position?
Financial Position Analysis
Short Term Liabilities: SHED's short term assets (£134.1M) exceed its short term liabilities (£5.7M).
Long Term Liabilities: SHED's short term assets (£134.1M) exceed its long term liabilities (£78.8M).
Debt to Equity History and Analysis
Debt Level: SHED's debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SHED's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SHED's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: SHED's interest payments on its debt are not well covered by EBIT (1.9x coverage).
What is Urban Logistics REIT current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHED's dividend (2.55%) is higher than the bottom 25% of dividend payers in the UK market (1.86%).
High Dividend: SHED's dividend (2.55%) 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 has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.8%), 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 (89.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Moffitt (56 yo)
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||no data||no data||0.21% |
|Independent Non-Executive Chairman||3.67yrs||UK£75.00k||0.18% |
|Non-Executive Director||3.67yrs||no data||0.10% |
|Independent Non-Executive Director||4.42yrs||UK£35.00k||0.027% |
|Independent Non Executive Director||0.25yr||no data||no data|
|Senior Independent Director||no data||UK£35.00k||0.032% |
Experienced Board: SHED's board of directors are considered experienced (3.7 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 been substantially diluted in the past year, with total shares outstanding growing by 114.9%.
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£277.266m
- Shares outstanding: 188.62m
- 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, previously Pacific Industrial & Logistics REIT plc, (the "Company") and its subsidiaries (the "Group") carry on the business of property lettings throughout the United Kingdom. Th ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/19 05:37|
|End of Day Share Price||2020/09/18 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.