Tritax Big Box REIT Future Growth

Future criteria checks 4/6

Tritax Big Box REIT is forecast to grow earnings and revenue by 35.6% and 11.5% per annum respectively. EPS is expected to grow by 29.9% per annum. Return on equity is forecast to be 9% in 3 years.

Key information

35.6%

Earnings growth rate

29.9%

EPS growth rate

Industrial REITs earnings growth	38.9%
Revenue growth rate	11.5%
Future return on equity	9.0%
Analyst coverage	Good
Last updated	18 Jul 2024

Recent future growth updates

Recent updates

Trade Alert: The Partner Of Tritax Big Box REIT plc (LON:BBOX), James Dunlop, Has Just Spent UK£270k Buying 7.8% More Shares

Mar 17

Are Insiders Buying Tritax Big Box REIT plc (LON:BBOX) Stock?

Dec 27

Earnings and Revenue Growth Forecasts

LSE:BBOX - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	336	482	32	298	6
12/31/2025	315	434	22	277	8
12/31/2024	275	320	3	248	8
12/31/2023	229	70	185	185	N/A
9/30/2023	225	-444	186	186	N/A
6/30/2023	221	-957	187	187	N/A
3/31/2023	217	-778	182	182	N/A
12/31/2022	213	-599	177	177	N/A
9/30/2022	209	227	181	181	N/A
6/30/2022	204	1,054	184	184	N/A
3/31/2022	197	1,013	190	190	N/A
12/31/2021	190	973	196	196	N/A
9/30/2021	182	848	189	189	N/A
6/30/2021	175	724	182	182	N/A
3/31/2021	171	587	160	160	N/A
12/31/2020	166	449	138	138	N/A
9/30/2020	162	313	108	108	N/A
6/30/2020	159	177	79	79	N/A
3/31/2020	154	159	86	86	N/A
12/31/2019	149	141	93	93	N/A
9/30/2019	145	177	108	108	N/A
6/30/2019	141	213	123	123	N/A
3/31/2019	139	233	109	109	N/A
12/31/2018	138	253	94	94	N/A
9/30/2018	133	263	91	91	N/A
6/30/2018	128	274	87	87	N/A
3/31/2018	120	261	87	87	N/A
12/31/2017	111	248	87	87	N/A
9/30/2017	103	183	N/A	83	N/A
6/30/2017	96	119	N/A	79	N/A
3/31/2017	86	105	N/A	75	N/A
12/31/2016	77	92	N/A	70	N/A
9/30/2016	67	104	N/A	54	N/A
6/30/2016	58	117	N/A	38	N/A
3/31/2016	51	125	N/A	32	N/A
12/31/2015	45	134	N/A	27	N/A
12/31/2014	16	36	N/A	20	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BBOX's forecast earnings growth (35.6% per year) is above the savings rate (1.8%).

Earnings vs Market: BBOX's earnings (35.6% per year) are forecast to grow faster than the UK market (12.6% per year).

High Growth Earnings: BBOX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BBOX's revenue (11.5% per year) is forecast to grow faster than the UK market (3.5% per year).

High Growth Revenue: BBOX's revenue (11.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BBOX's Return on Equity is forecast to be low in 3 years time (9%).

Tritax Big Box REIT Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 16%

Consensus revenue estimates increase by 16%

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Recent updates

Tritax Big Box REIT plc to Report First Half, 2024 Results on Aug 07, 2024

Consensus revenue estimates increase by 16%

Consensus revenue estimates increase by 16%

Upcoming dividend of UK£0.018 per share

Tritax Big Box REIT PLC completed the acquisition of UK Commercial Property REIT Limited (LSE:UKCM) from Phoenix Group Holdings plc (LSE:PHNX), Investec Wealth & Investment Limited and others.

New minor risk - Shareholder dilution

Fourth quarter dividend of UK£0.018 announced

Tritax Big Box REIT plc Declares Interim Dividend in Respect of the Period from January 1,2024 to March 31, 2024, Payable on or Around June 7, 2024

Tritax Big Box REIT plc, Annual General Meeting, May 01, 2024

Upcoming dividend of UK£0.021 per share

Fourth quarter dividend increased to UK£0.021

Full year 2023 earnings: EPS exceeds analyst expectations

Tritax Big Box REIT plc Declares an Interim Dividend in Respect of the Period from 1 October 2023 to 31 December 2023, Payable on or Around April 2, 2024

Tritax Big Box REIT PLC made an offer to acquire UK Commercial Property REIT Ltd for £920 million

UKCM Confirms BuyOut Proposal form Tritax Big Box

Tritax Big Box REIT plc to Report First Half, 2024 Results on Aug 24, 2024

Upcoming dividend of UK£0.018 per share at 5.4% yield

Tritax Big Box REIT plc Declares Interim Dividend for the Period from 1 July 2023 to 30 September 2023, Payable on or Around 17 November 2023

Now 21% undervalued after recent price drop

First half 2023 earnings released: EPS: UK£0.054 (vs UK£0.24 in 1H 2022)

Tritax Big Box REIT plc Declares an Interim Dividend for the Period from 1 April 2023 to 30 June 2023, Payable on or Around 31 August 2023

Tritax Big Box REIT plc Declares an Interim Dividend in Respect of the Period From1 January 2023 to 31 March 2023, Payable on or Around 1 June 2023

Full year 2022 earnings released: UK£0.32 loss per share (vs UK£0.55 profit in FY 2021)

Consensus forecasts updated

Tritax Big Box REIT plc to Report Q4, 2022 Results on Jan 23, 2023

Now 20% undervalued after recent price drop

Consensus forecasts updated

Tritax Big Box REIT plc, Annual General Meeting, May 03, 2023

Consensus forecasts updated

TRITAX BIG BOX REIT PLC Announces Changes to its Board

Consensus forecasts updated

Price target decreased to UK£1.94

Tritax Big Box REIT plc Declares Interim Dividend for the Period From 1 July 2022 to 30 September 2022, Payable on November 3, 2022

Tritax Big Box REIT plc Declares Interim Dividend for the Period from from 1 July 2022 to 30 September 2022, Payable on November 3, 2022

Price target decreased to UK£2.11

Investor sentiment deteriorated over the past week

Price target decreased to UK£2.22

Tritax Big Box REIT plc to Report Fiscal Year 2022 Results on Mar 02, 2023

First half 2022 earnings released: EPS: UK£0.24 (vs UK£0.22 in 1H 2021)

Price target decreased to UK£2.43

Tritax Big Box REIT plc Declares an Interim Dividend in Respect of the Period from 1 April 2022 to 30 June 2022, Payable on or Around 25 August 2022

Partner & COO of Tritax Management LLP recently bought UK£100k worth of stock

Tritax Big Box REIT plc Declares an Interim Dividend in Respect of the Period from 1 January 2022 to 31 March 2022, Payable on or Around 1 June 2022

Now 21% undervalued after recent price drop

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Tritax Big Box REIT plc, Annual General Meeting, May 04, 2022

Tritax Big Box REIT plc to Report First Half, 2022 Results on Aug 04, 2022

CEO of Tritax Management LLP recently bought UK£146k worth of stock

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Now 20% undervalued after recent price drop

Tritax Big Box Reit plc Declares an Interim Dividend in Respect of the Period from 1 October 2021 to 31 December 2021

High number of new and inexperienced directors

Price target increased to UK£2.45

Price target increased to UK£2.33

Consensus EPS estimates increase to UK£0.40

Partner recently bought UK£212k worth of stock

First half 2021 earnings released: EPS UK£0.22 (vs UK£0.06 in 1H 2020)

Independent Chairman of Tritax Management LLP Richard Jewson has left the company

Tritax Big Box REIT plc Declares Interim Dividend in Respect of the Period from January 1, 2021 to March 31, 2021, Payable on or Around June 1, 2021

Consensus EPS estimates increase to UK£0.19

Trade Alert: The Partner Of Tritax Big Box REIT plc (LON:BBOX), James Dunlop, Has Just Spent UK£270k Buying 7.8% More Shares

Partner recently bought UK£270k worth of stock

Full year 2020 earnings released: EPS UK£0.26 (vs UK£0.084 in FY 2019)

Revenue and earnings beat expectations

New 90-day high: UK£1.87

New 90-day high: UK£1.87

Tritax Big Box REIT plc to Report Fiscal Year 2020 Results on Mar 10, 2021

Price target raised to UK£1.87

Analysts update estimates