Market Cap
UK£2.2b
Last Updated
2020/08/11 20:51 UTC
Data Sources
Company Financials +
Executive Summary
Assura plc, a constituent of the FTSE 250 and the EPRA* indices, is a UK REIT and long-term investor in and developer of primary care property.
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer with limited growth.
Similar Companies
Share Price & News
How has Assura's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AGR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.7%
AGR
1.2%
GB REITs
1.1%
GB Market
1 Year Return
23.8%
AGR
-7.1%
GB REITs
-11.5%
GB Market
Return vs Industry: AGR exceeded the UK REITs industry which returned -7.1% over the past year.
Return vs Market: AGR exceeded the UK Market which returned -11.5% over the past year.
Shareholder returns
| AGR | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 1.2% | 1.1% |
| 30 Day | 4.8% | 2.4% | 0.6% |
| 90 Day | 5.6% | 9.6% | 3.6% |
| 1 Year | 28.6%23.8% | -4.2%-7.1% | -7.9%-11.5% |
| 3 Year | 44.2%27.0% | -2.1%-13.8% | -5.1%-16.5% |
| 5 Year | 79.5%46.1% | -6.3%-23.2% | 14.8%-10.6% |
Price Volatility Vs. Market
How volatile is Assura's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is Assura Plc's (LON:AGR) Recent Stock Performance Influenced By Its Financials In Any Way?1 month ago | Simply Wall St
How Much Is Assura Plc (LON:AGR) CEO Getting Paid?Valuation
Is Assura undervalued compared to its fair value and its price relative to the market?
24.75x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AGR (£0.81) is trading above our estimate of fair value (£0.61)
Significantly Below Fair Value: AGR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AGR is poor value based on its PE Ratio (24.7x) compared to the GB REITs industry average (15.5x).
PE vs Market: AGR is poor value based on its PE Ratio (24.7x) compared to the UK market (16x).
Price to Earnings Growth Ratio
PEG Ratio: AGR is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: AGR is overvalued based on its PB Ratio (1.5x) compared to the GB REITs industry average (0.7x).
Next Steps
Future Growth
How is Assura forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
17.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGR's forecast earnings growth (17.8% per year) is above the savings rate (1.2%).
Earnings vs Market: AGR's earnings (17.8% per year) are forecast to grow slower than the UK market (23% per year).
High Growth Earnings: AGR's earnings are forecast to grow, but not significantly.
Revenue vs Market: AGR's revenue (6.1% per year) is forecast to grow faster than the UK market (4.8% per year).
High Growth Revenue: AGR's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AGR's Return on Equity is forecast to be low in 3 years time (4.7%).
Next Steps
Past Performance
How has Assura performed over the past 5 years?
12.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGR has high quality earnings.
Growing Profit Margin: AGR's current net profit margins (70.8%) are lower than last year (82%).
Past Earnings Growth Analysis
Earnings Trend: AGR's earnings have grown by 12.6% per year over the past 5 years.
Accelerating Growth: AGR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AGR had negative earnings growth (-6.1%) over the past year, making it difficult to compare to the REITs industry average (-9%).
Return on Equity
High ROE: AGR's Return on Equity (6.1%) is considered low.
Next Steps
Financial Health
How is Assura's financial position?
Financial Position Analysis
Short Term Liabilities: AGR's short term assets (£58.3M) do not cover its short term liabilities (£66.1M).
Long Term Liabilities: AGR's short term assets (£58.3M) do not cover its long term liabilities (£840.8M).
Debt to Equity History and Analysis
Debt Level: AGR's debt to equity ratio (64.6%) is considered high.
Reducing Debt: AGR's debt to equity ratio has reduced from 113.6% to 64.6% over the past 5 years.
Debt Coverage: AGR's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: AGR's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Assura current dividend yield, its reliability and sustainability?
3.50%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AGR's dividend (3.5%) is higher than the bottom 25% of dividend payers in the UK market (1.82%).
High Dividend: AGR's dividend (3.5%) is low compared to the top 25% of dividend payers in the UK market (5.33%).
Stability and Growth of Payments
Stable Dividend: AGR's dividend payments have been volatile in the past 10 years.
Growing Dividend: AGR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (85.4%), AGR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AGR's dividends in 3 years are forecast to be covered by earnings (97.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Jonathan Murphy (48 yo)
3.83yrs
Tenure
UK£1,131,000
Compensation
Mr. Jonathan Stewart Murphy, ACA, MBA has been the Chief Executive Officer of Assura Plc since February 27, 2017. Mr. Murphy serves as Company Secretary of Regenesis Group PLC. He has significant experienc ...
CEO Compensation Analysis
Compensation vs Market: Jonathan's total compensation ($USD1.48M) is below average for companies of similar size in the UK market ($USD2.23M).
Compensation vs Earnings: Jonathan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Executive Board & Executive Director | 3.83yrs | UK£1.13m | 0.081% £ 1.8m | |
| CFO, Member of Executive Board & Executive Director | 2.92yrs | UK£488.00k | 0.0065% £ 139.9k | |
| Head of Legal | no data | no data | no data | |
| Head of Investment & Member of Executive Board | no data | no data | no data | |
| Head of Development & Member of Executive Board | no data | no data | no data | |
| Head of HR & Member of Executive Board | 1.75yrs | no data | no data | |
| Head of Portfolio Management & Member of Executive Board | 1yr | no data | no data | |
| Senior Management Accountant | 0.42yr | no data | no data | |
| Group Compliance Manager | 0.58yr | no data | no data | |
| Head of Investor Relations & Communications | 7.58yrs | no data | no data | |
| Marketing Manager | no data | no data | no data | |
| Head of Public Affairs | 1.58yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Management: AGR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Executive Board & Executive Director | 3.83yrs | UK£1.13m | 0.081% £ 1.8m | |
| CFO, Member of Executive Board & Executive Director | 2.92yrs | UK£488.00k | 0.0065% £ 139.9k | |
| Senior Independent Director | 1.08yrs | UK£52.70k | 0.0024% £ 51.4k | |
| Independent Non-Executive Director | 8.25yrs | UK£48.30k | 0.0044% £ 95.0k | |
| Non-Executive Director | 1.17yrs | UK£32.80k | no data | |
| Independent Non-Executive Chairman | 2.08yrs | UK£153.00k | 0.0036% £ 77.7k |
2.5yrs
Average Tenure
58yo
Average Age
Experienced Board: AGR's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AGR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.7%.
Top Shareholders
Company Information
Assura Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Assura Plc
- Ticker: AGR
- Exchange: LSE
- Founded:
- Industry: Health Care REITs
- Sector: Real Estate
- Market Cap: UK£2.159b
- Shares outstanding: 2.66b
- Website: https://www.assuraplc.com
Number of Employees
Location
- Assura Plc
- The Brew House
- Greenalls Avenue
- Warrington
- WA4 6HL
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AGR | LSE (London Stock Exchange) | Yes | New Ordinary Shares | GB | GBP | Nov 2003 |
| AGRl | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | New Ordinary Shares | GB | GBP | Nov 2003 |
| 75A | DB (Deutsche Boerse AG) | Yes | New Ordinary Shares | DE | EUR | Nov 2003 |
| ARSS.F | OTCPK (Pink Sheets LLC) | Yes | New Ordinary Shares | US | USD | Nov 2003 |
Biography
Assura plc, a constituent of the FTSE 250 and the EPRA* indices, is a UK REIT and long-term investor in and developer of primary care property. The company, headquartered in Warrington, works with GPs, hea ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/11 20:51 |
| End of Day Share Price | 2020/08/11 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.