AIRE Stock Overview
Alternative Income REIT PLC aims to generate a sustainable, secure and attractive income return for shareholders from a diversified portfolio of UK property investments, predominately in alternative and specialist sectors.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.74|
|52 Week High||UK£0.76|
|52 Week Low||UK£0.56|
|1 Month Change||2.50%|
|3 Month Change||1.24%|
|1 Year Change||20.82%|
|3 Year Change||-17.75%|
|5 Year Change||n/a|
|Change since IPO||-26.21%|
Recent News & Updates
|AIRE||GB REITs||GB Market|
Return vs Industry: AIRE underperformed the UK REITs industry which returned 23.8% over the past year.
Return vs Market: AIRE exceeded the UK Market which returned 8.7% over the past year.
|AIRE Average Weekly Movement||1.0%|
|REITs Industry Average Movement||2.6%|
|Market Average Movement||5.0%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: AIRE is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: AIRE's weekly volatility (1%) has been stable over the past year.
About the Company
Alternative Income REIT PLC aims to generate a sustainable, secure and attractive income return for shareholders from a diversified portfolio of UK property investments, predominately in alternative and specialist sectors. The majority of the assets in the Group's portfolio are let on long leases which contain inflation linked rent review provisions, which help to underpin income distributions to shareholders with the potential for income and capital growth.
Alternative Income REIT Fundamentals Summary
|AIRE fundamental statistics|
Is AIRE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AIRE income statement (TTM)|
|Cost of Revenue||UK£647.00k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.069|
|Net Profit Margin||75.21%|
How did AIRE perform over the long term?See historical performance and comparison
7.0%Current Dividend Yield
Is Alternative Income 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: AIRE (£0.74) is trading below our estimate of fair value (£2.32)
Significantly Below Fair Value: AIRE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AIRE is good value based on its PE Ratio (10.6x) compared to the UK REITs industry average (13.1x).
PE vs Market: AIRE is good value based on its PE Ratio (10.6x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AIRE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AIRE's PB Ratio (0.9x) is in line with the GB REITs industry average.
How is Alternative Income REIT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Alternative Income REIT 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.
How has Alternative Income REIT performed over the past 5 years?
Last years revenue growth
Earnings and Revenue History
Quality Earnings: AIRE has a large one-off gain of £1.1M impacting its June 30 2021 financial results.
Growing Profit Margin: AIRE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if AIRE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: AIRE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AIRE has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (150.1%).
Return on Equity
High ROE: AIRE's Return on Equity (8.1%) is considered low.
How is Alternative Income REIT's financial position?
Financial Position Analysis
Short Term Liabilities: AIRE's short term assets (£5.8M) exceed its short term liabilities (£3.1M).
Long Term Liabilities: AIRE's short term assets (£5.8M) do not cover its long term liabilities (£40.9M).
Debt to Equity History and Analysis
Debt Level: AIRE's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: Insufficient data to determine if AIRE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AIRE's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: AIRE's interest payments on its debt are well covered by EBIT (4.2x coverage).
What is Alternative Income REIT current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AIRE's dividend (6.97%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: AIRE's dividend (6.97%) is in the top 25% of dividend payers in the UK market (4.04%)
Stability and Growth of Payments
Stable Dividend: AIRE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AIRE's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.1%), AIRE's dividend payments are well covered by earnings.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Robert Wilkinson serves as a European Chief Executive Officer of AEW Europe at Alternative Income REIT PLC. Mr. Wilkinson has 26 years of experience in real estate and corporate finance. Since joining...
Experienced Board: AIRE's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Alternative Income REIT PLC's employee growth, exchange listings and data sources
- Name: Alternative Income REIT PLC
- Ticker: AIRE
- Exchange: LSE
- Founded: 2017
- Industry: Diversified REITs
- Sector: Real Estate
- Implied Market Cap: UK£59.329m
- Shares outstanding: 80.50m
- Website: https://www.alternativeincomereit.com
- Alternative Income REIT PLC
- 1 King William Street
- Greater London
- EC4N 7AF
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 21:27|
|End of Day Share Price||2022/01/21 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.