AIM:WSP

Stock Analysis Report

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Executive Summary

Wynnstay Properties Plc engages in the investment, development, and management of properties in the United Kingdom. More Details


Snowflake Analysis

Second-rate dividend payer with imperfect balance sheet.

Share Price & News

How has Wynnstay Properties's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WSP is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: WSP's weekly volatility (1%) has been stable over the past year.


Market Performance


7 Day Return

2.7%

WSP

1.6%

GB Real Estate

-2.3%

GB Market


1 Year Return

-7.2%

WSP

-5.5%

GB Real Estate

1.1%

GB Market

Return vs Industry: WSP exceeded the UK Real Estate industry which returned -8.5% over the past year.

Return vs Market: WSP underperformed the UK Market which returned -0.2% over the past year.


Shareholder returns

WSPIndustryMarket
7 Day2.7%1.6%-2.3%
30 Day2.7%4.0%-0.1%
90 Day0.9%7.9%4.2%
1 Year-4.7%-7.2%-3.9%-5.5%7.1%1.1%
3 Year12.5%2.7%0.6%-7.4%9.7%-3.4%
5 Year34.9%16.0%-20.2%-28.5%36.9%10.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Wynnstay Properties undervalued compared to its fair value and its price relative to the market?

0.72x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: WSP (£5.8) is trading above our estimate of fair value (£3.01)

Significantly Below Fair Value: WSP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: WSP is unprofitable, so we can't compare its PE Ratio to the GB Real Estate industry average.

PE vs Market: WSP 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 WSP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WSP is good value based on its PB Ratio (0.7x) compared to the GB Real Estate industry average (0.9x).


Next Steps

Future Growth

How is Wynnstay Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

49.8%

Forecasted Real Estate 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 Wynnstay Properties 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.


Next Steps

Past Performance

How has Wynnstay Properties performed over the past 5 years?

-17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WSP is currently unprofitable.

Growing Profit Margin: WSP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WSP is unprofitable, and losses have increased over the past 5 years at a rate of 17.4% per year.

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

Earnings vs Industry: WSP is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-34.1%).


Return on Equity

High ROE: WSP has a negative Return on Equity (-1.82%), as it is currently unprofitable.


Next Steps

Financial Health

How is Wynnstay Properties's financial position?


Financial Position Analysis

Short Term Liabilities: WSP's short term assets (£1.8M) exceed its short term liabilities (£1.5M).

Long Term Liabilities: WSP's short term assets (£1.8M) do not cover its long term liabilities (£12.8M).


Debt to Equity History and Analysis

Debt Level: WSP's debt to equity ratio (57.6%) is considered high.

Reducing Debt: WSP's debt to equity ratio has reduced from 68.5% to 57.6% over the past 5 years.

Debt Coverage: WSP's debt is not well covered by operating cash flow (7.5%).

Interest Coverage: WSP is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Wynnstay Properties's current dividend yield, its reliability and sustainability?

2.59%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WSP's dividend (2.59%) is higher than the bottom 25% of dividend payers in the UK market (1.48%).

High Dividend: WSP's dividend (2.59%) is low compared to the top 25% of dividend payers in the UK market (4.52%).


Stability and Growth of Payments

Stable Dividend: WSP's dividends per share have been stable in the past 10 years.

Growing Dividend: WSP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.0yrs

Average board tenure


CEO

Christopher Williams (62 yo)

15yrs

Tenure

UK£159,896

Compensation

Mr. Christopher Paul Williams, MBA., BSc., MRICS has been Managing Director of Wynnstay Properties Plc. since February 20, 2006. Mr. Williams served as Senior Property Manager and subsequently Deputy Regio...


CEO Compensation Analysis

Compensation vs Market: Christopher's total compensation ($USD225.88K) is below average for companies of similar size in the UK market ($USD339.59K).

Compensation vs Earnings: Christopher's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Christopher Williams
MD & Director15yrsUK£159.90k0.43%
£ 67.3k
Charles Delevingne
Independent Non-Executive Director18.67yrsUK£15.85k0.18%
£ 29.0k
Philip G. Collins
Independent Non-Executive Chairman of the Board22.33yrsUK£42.50k31.38%
£ 4.9m
Paul Mather
Independent Non Executive Director3.92yrsUK£15.85kno data
Caroline Tolhurst
Senior Independent Non-Executive Director3.25yrsUK£20.85kno data

15.0yrs

Average Tenure

65yo

Average Age

Experienced Board: WSP's board of directors are seasoned and experienced ( 15 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wynnstay Properties Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wynnstay Properties Plc
  • Ticker: WSP
  • Exchange: AIM
  • Founded: 1886
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: UK£15.727m
  • Shares outstanding: 2.71m
  • Website: https://www.wynnstayproperties.co.uk

Number of Employees


Location

  • Wynnstay Properties Plc
  • Hamilton House
  • Mabledon Place
  • London
  • Greater London
  • WC1H 9BB
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WSPAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJan 1992

Biography

Wynnstay Properties Plc engages in the investment, development, and management of properties in the United Kingdom. The company owns and manages office, retail, warehouse, and industrial properties in Sout...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 20:05
End of Day Share Price2021/02/26 00:00
Earnings2020/09/29
Annual Earnings2020/03/25


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.