Primary Health Properties Past Earnings Performance

Past criteria checks 0/6

Primary Health Properties has been growing earnings at an average annual rate of 7.5%, while the Health Care REITs industry saw earnings growing at 5% annually. Revenues have been growing at an average rate of 8.7% per year.

Key information

7.5%

Earnings growth rate

10.9%

EPS growth rate

Health Care REITs Industry Growth	7.7%
Revenue growth rate	8.7%
Return on equity	-0.6%
Net Margin	-4.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Primary Health Properties makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:PHPL Revenue, expenses and earnings (GBP Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	178	-9	13
31 Mar 24	174	9	12
31 Dec 23	170	27	12
30 Sep 23	166	8	11
30 Jun 23	161	-11	10
31 Mar 23	158	23	10
31 Dec 22	154	56	10
30 Sep 22	152	116	10
30 Jun 22	151	176	11
31 Mar 22	148	158	11
31 Dec 21	146	140	11
30 Sep 21	144	142	11
30 Jun 21	143	144	12
31 Mar 21	141	128	12
31 Dec 20	139	112	13
30 Sep 20	136	93	13
30 Jun 20	133	75	13
31 Mar 20	127	2	13
31 Dec 19	121	-71	12
30 Sep 19	109	-71	12
30 Jun 19	97	-71	11
31 Mar 19	88	2	10
31 Dec 18	80	74	10
30 Sep 18	78	80	10
30 Jun 18	76	86	10
31 Mar 18	74	89	9
31 Dec 17	73	92	9
30 Sep 17	71	77	8
30 Jun 17	70	63	8
31 Mar 17	69	53	8
31 Dec 16	67	44	7
30 Sep 16	66	46	7
30 Jun 16	65	49	7
31 Mar 16	64	53	7
31 Dec 15	63	56	7
30 Sep 15	62	52	7
30 Jun 15	61	47	6
31 Mar 15	61	42	7
31 Dec 14	60	37	7
30 Sep 14	56	33	7
30 Jun 14	52	29	7
31 Mar 14	47	24	6
31 Dec 13	42	20	6

Quality Earnings: PHPL is currently unprofitable.

Growing Profit Margin: PHPL is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PHPL is unprofitable, but has reduced losses over the past 5 years at a rate of 7.5% per year.

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

Earnings vs Industry: PHPL is unprofitable, making it difficult to compare its past year earnings growth to the Health Care REITs industry (29.2%).

Return on Equity

High ROE: PHPL has a negative Return on Equity (-0.62%), as it is currently unprofitable.

Primary Health Properties Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Primary Health Properties Plc to Report First Half, 2024 Results on Jul 24, 2024

Full year 2023 earnings released: EPS: UK£0.02 (vs UK£0.042 in FY 2022)

Primary Health Properties Plc to Report Q4, 2023 Results on Feb 28, 2024

Primary Health Properties Plc to Report First Half, 2023 Results on Jul 26, 2023

Full year 2022 earnings released: EPS: UK£0.042 (vs UK£0.10 in FY 2021)

Primary Health Properties PLC to Report Fiscal Year 2022 Results on Feb 22, 2023

Recent updates

Primary Health Properties Plc Announces Fourth Quarterly Interim Dividend in 2024, Payable on 22 November 2024

Primary Health Properties Plc Announces Third Quarterly Interim Dividend in 2024, Payable on 16 August 2024

Primary Health Properties Plc to Report First Half, 2024 Results on Jul 24, 2024

Primary Health Properties plc Elects Mark Davies as Director

Fourth quarter dividend of UK£0.017 announced

Primary Health Properties plc Announces Second Quarterly Interim Dividend, Payable on May 17, 2024

CFO & Director recently bought UK£236k worth of stock

Full year 2023 earnings released: EPS: UK£0.02 (vs UK£0.042 in FY 2022)

Primary Health Properties Plc Appoints Bandhana (Bina) Rawal as an Independent Non-Executive Director

Primary Health Properties Plc to Report Q4, 2023 Results on Feb 28, 2024

Primary Health Properties plc Announces Resignation of Steven Owen as Chairman

Primary Health Properties Plc Announces Fourth Quarterly Interim Dividend, Payable on 24 November 2023

Primary Health Properties Plc agreed to acquire Enhanced Community Care ("ECC") facility at Ballincollig, Ireland for €29.64 million.

Primary Health Properties Plc, Annual General Meeting, Apr 24, 2024

Now 21% undervalued after recent price drop

Primary Health Properties Plc Announces Third Quarterly Interim Dividend, Payable on 18 August 2023

Primary Health Properties Plc to Report First Half, 2023 Results on Jul 26, 2023

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: UK£0.042 (vs UK£0.10 in FY 2021)

Primary Health Properties PLC acquired Axis Technical Services Limited.

Primary Health Properties PLC to Report Fiscal Year 2022 Results on Feb 22, 2023

Primary Health Properties plc Announces First Quarterly Interim Dividend for 2023, Payable on 23 February 2023

Primary Health Properties PLC Announces CEO Changes

Primary Health Properties plc Announces Fourth Quarterly Interim Dividend for 2022, Payable on November 25, 2022

First half 2022 earnings released

Primary Health Properties PLC (LSE:PHP) acquired Strawberry Hill Medical Centre in Newbury for £7.25 million.

An unknown buyer exchanged contracts to acquire 13 Medical Centres of Primary Health Properties PLC for £27.7 million.

Primary Health Properties plc Announces Third Quarterly Interim Dividend for 2022, Payable on August 19, 2022

Now 20% undervalued

Insufficient new directors

Primary Health Properties PLC (LSE:PHP) acquired Chiswick Medical Centre for £34.5 million.

Primary Health Properties PLC (LSE:PHP) acquired a Clinical Facility in Chertsey for £6.95 million.

Insufficient new directors

Now 21% undervalued after recent price drop

CFO & Director recently bought UK£92k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Primary Health Properties PLC Announces the Launch of Net Zero Carbon Framework

Now 21% undervalued after recent price drop

Primary Health Properties PLC (LSE:PHP) agreed to acquire Medical and office facility in the North East of England for £10 million.

Primary Health Properties PLC (LSE:PHP) acquired Parkside Medical Centre in Boston, Lincolnshire for £6.8 million.

Primary Health Properties PLC (LSE:PHP) acquired Townside Primary Care Centre and adjacent office building in Bury, Lancashire for £40 million.

First half 2021 earnings released: EPS UK£0.054 (vs UK£0.032 in 1H 2020)

Primary Health Properties PLC (LSE:PHP) acquired modern purpose-built primary care centre in Shankill, Dublin for €3.8 million.

CFO & Director recently bought UK£52k worth of stock

Full year 2020 earnings released: EPS UK£0.088 (vs UK£0.065 loss in FY 2019)

Revenue beats expectations

Primary Health Properties PLC to Report Fiscal Year 2020 Results on Feb 18, 2021

Primary Health Properties plc Appoints Paul Wright as Company Secretary

New 90-day high: UK£1.54

Primary Health Properties PLC (LSE:PHP) acquired Primary Care Centre in Enniscorthy for €12.6 million.

Primary Health Properties PLC (LSE:PHP) acquired West Derby Medical Centre for £4.6 million.

New 90-day high: UK£1.53

Primary Health Properties PLC (LSE:PHP) entered into a conditional share purchase agreement to acquire Nexus Tradeco Holdings Limited from Harry Hyman for £32.5 million.

Primary Health Properties PLC (LSE:PHP) acquired 22 medical centres across England and Wales for £54 million.

Primary Health Properties PLC has completed a Follow-on Equity Offering in the amount of £140.00475 million.

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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