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Market Cap

UK£2.0b

Last Updated

2021/09/16 21:32 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. More Details


Snowflake Analysis

Average dividend payer with acceptable track record.


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 is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: AGR's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

-3.0%

AGR

-1.8%

GB REITs

-0.4%

GB Market


1 Year Return

-7.3%

AGR

26.5%

GB REITs

19.2%

GB Market

Return vs Industry: AGR underperformed the UK REITs industry which returned 26.5% over the past year.

Return vs Market: AGR underperformed the UK Market which returned 19.2% over the past year.


Shareholder returns

AGRIndustryMarket
7 Day-3.0%-1.8%-0.4%
30 Day-3.4%-3.2%-1.7%
90 Day-1.8%5.7%1.0%
1 Year-3.6%-7.3%30.5%26.5%24.1%19.2%
3 Year49.5%32.5%11.6%12.6%17.4%4.3%
5 Year61.7%31.7%23.7%19.6%36.0%11.1%

Long-Term 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

Valuation

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

18.64x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AGR (£0.75) is trading above our estimate of fair value (£0.72)

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 (18.6x) compared to the UK REITs industry average (15.5x).

PE vs Market: AGR is good value based on its PE Ratio (18.6x) compared to the UK market (23.8x).


Price to Earnings Growth Ratio

PEG Ratio: AGR is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: AGR is overvalued based on its PB Ratio (1.3x) compared to the GB REITs industry average (0.9x).


Future Growth

How is Assura forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

11.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AGR's forecast earnings growth (11.2% per year) is above the savings rate (0.9%).

Earnings vs Market: AGR's earnings (11.2% per year) are forecast to grow slower than the UK market (13.2% per year).

High Growth Earnings: AGR's earnings are forecast to grow, but not significantly.

Revenue vs Market: AGR's revenue (5.9% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: AGR's revenue (5.9% 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 (4.9%).


Past Performance

How has Assura performed over the past 5 years?

10.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AGR has a large one-off gain of £33.6M impacting its March 31 2021 financial results.

Growing Profit Margin: AGR's current net profit margins (89.7%) are higher than last year (70.8%).


Past Earnings Growth Analysis

Earnings Trend: AGR's earnings have grown by 10.2% per year over the past 5 years.

Accelerating Growth: AGR's earnings growth over the past year (37.3%) exceeds its 5-year average (10.2% per year).

Earnings vs Industry: AGR earnings growth over the past year (37.3%) underperformed the REITs industry 46.5%.


Return on Equity

High ROE: AGR's Return on Equity (7.1%) is considered low.


Financial Health

How is Assura's financial position?


Financial Position Analysis

Short Term Liabilities: AGR's short term assets (£88.7M) exceed its short term liabilities (£66.2M).

Long Term Liabilities: AGR's short term assets (£88.7M) do not cover its long term liabilities (£960.2M).


Debt to Equity History and Analysis

Debt Level: AGR's debt to equity ratio (62%) is considered high.

Reducing Debt: AGR's debt to equity ratio has increased from 49% to 62% over the past 5 years.

Debt Coverage: AGR's debt is not well covered by operating cash flow (8.2%).

Interest Coverage: AGR's interest payments on its debt are well covered by EBIT (3.9x coverage).


Balance Sheet


Dividend

What is Assura current dividend yield, its reliability and sustainability?

3.93%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AGR's dividend (3.93%) is higher than the bottom 25% of dividend payers in the UK market (1.32%).

High Dividend: AGR's dividend (3.93%) is low compared to the top 25% of dividend payers in the UK market (4%).


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 (80%), 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 (94.9% payout ratio).


Next Steps

Management

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

2.4yrs

Average management tenure


CEO

Jonathan Murphy (49 yo)

4.92yrs

Tenure

UK£1,187,000

Compensation

Mr. Jonathan Stewart Murphy, ACA., MBA., has been the Chief Executive Officer of Assura Plc since February 27, 2017. Mr. Murphy serves as a Director of Assura Financing plc since July 4, 2018. Mr. Murphy s...


CEO Compensation Analysis

Compensation vs Market: Jonathan's total compensation ($USD1.64M) is about average for companies of similar size in the UK market ($USD1.67M).

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


Leadership Team

Experienced Management: AGR's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: AGR's board of directors are not considered experienced ( 2.2 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 not been meaningfully diluted in the past year.


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: NaN
  • Industry: Health Care REITs
  • Sector: Real Estate
  • Market Cap: UK£2.018b
  • Shares outstanding: 2.68b
  • Website: https://www.assuraplc.com

Number of Employees


Location

  • Assura Plc
  • The Brew House
  • Greenalls Avenue
  • Warrington
  • WA4 6HL
  • United Kingdom

Listings


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 21:32
End of Day Share Price2021/09/16 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.