LSE:BCPT

Stock Analysis Report

BMO Commercial Property Trust

Executive Summary

The trust is a vehicle for investors who wish to gain exposure to prime UK commercial property.

Snowflake

Risks

  • BMO Commercial Property Trust is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.

Similar Companies

Share Price & News

How has BMO Commercial Property Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.0%

LSE:BCPT

2.2%

GB Real Estate

1.1%

GB Market


1 Year Return

-27.3%

LSE:BCPT

-10.8%

GB Real Estate

-4.8%

GB Market

BCPT underperformed the Real Estate industry which returned -11.8% over the past year.

BCPT underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.7% over the past year.


Share holder returns

BCPTIndustryMarket
7 Day-2.0%2.2%1.1%
30 Day-6.9%-2.8%-3.5%
90 Day-11.6%-1.0%-0.7%
1 Year-23.7%-27.3%-7.5%-10.8%-0.3%-4.8%
3 Year-1.4%-13.7%9.5%0.3%19.4%5.3%
5 Year5.7%-15.5%-0.5%-13.0%27.8%0.9%

Price Volatility Vs. Market

How volatile is BMO Commercial Property Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is BMO Commercial Property Trust undervalued based on future cash flows and its price relative to the stock market?

23.68x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

BMO Commercial Property Trust's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

BMO Commercial Property Trust's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

BMO Commercial Property Trust is overvalued based on earnings compared to the GB Real Estate industry average.

BMO Commercial Property Trust is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for BMO Commercial Property Trust, we can't assess if its growth is good value.


Price Based on Value of Assets

BMO Commercial Property Trust is good value based on assets compared to the GB Real Estate industry average.

Future Growth

How is BMO Commercial Property Trust expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.5%

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 BMO Commercial Property Trust 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.

Past Performance

How has BMO Commercial Property Trust performed over the past 5 years?

-19.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

BMO Commercial Property Trust's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

BMO Commercial Property Trust's 1-year earnings growth is negative, it can't be compared to the 5-year average.

BMO Commercial Property Trust's 1-year earnings growth is negative, it can't be compared to the GB Real Estate industry average.


Return on Equity

BMO Commercial Property Trust has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

BMO Commercial Property Trust used its assets less efficiently than the GB Real Estate industry average last year based on Return on Assets.


Return on Capital Employed

BMO Commercial Property Trust has improved its use of capital last year versus 3 years ago (Return on Capital Employed).

Financial Health

How is BMO Commercial Property Trust's financial position?


Financial Position Analysis

BMO Commercial Property Trust is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

BMO Commercial Property Trust's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

BMO Commercial Property Trust's level of debt (27.6%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (35.2% vs 27.6% today).

Debt is not well covered by operating cash flow (11.8%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.1x debt.

Dividend

What is BMO Commercial Property Trust's current dividend yield, its reliability and sustainability?

5.57%

Current Dividend Yield


Dividend Yield and Payments Analysis

BMO Commercial Property Trust's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.1%).

BMO Commercial Property Trust's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.72%).

Dividends per share have been stable in the past 10 years.

No dividend growth in 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.8x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.

Management

What is the CEO of BMO Commercial Property Trust's salary, the management and board of directors tenure and is there insider trading?

0.6yrs

Average board tenure


CEO

Richard Wilson 0

0.0yrs

Tenure

0

Mr. Richard Charles Wilson, BA is a Director at BMO Asset Management Corp. He is Chief Executive Officer at BMO Commercial Property Trust Limited (formerly, F&C Commercial Property Trust Limited). He also  ...


Board Age and Tenure

0.6yrs

Average Tenure

The average tenure for the BMO Commercial Property Trust board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Peter Cole

    Head of Group HR

    • Tenure: 0.0yrs
  • Richard Wilson

    Chief Executive Officer

    • Tenure: 0.0yrs
  • Joan Mohammed

    Chief Operating Officer

    • Tenure: 0.0yrs
  • Richard Kirby (51yo)

    Director of Property Funds

    • Tenure: 0.0yrs
  • Marrack Tonkin

    Company Secretary

    • Tenure: 0.0yrs

Board Members

  • Linda Wilding (60yo)

    Independent Non-Executive Director

    • Tenure: 0.2yrs
  • Paul Marcuse

    Senior Independent Director

    • Tenure: 0.3yrs
    • Compensation: UK£41.25k
  • Martin Moore (62yo)

    Chairman

    • Tenure: 0.0yrs
    • Compensation: UK£49.50k
  • Trudi Clark

    Independent Non-Executive Director

    • Tenure: 5.5yrs
    • Compensation: UK£49.50k
  • John Wythe

    Independent Non-Executive Director

    • Tenure: 0.9yrs
    • Compensation: UK£12.55k

Company Information

BMO Commercial Property Trust Limited's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • BMO Commercial Property Trust Limited
  • 6th Floor
  • Quartermile 4
  • Edinburgh
  • EH3 9EG
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCPTLSE (London Stock Exchange)YesNew Ordinary SharesGBGBPMar 2005

Biography

The trust is a vehicle for investors who wish to gain exposure to prime UK commercial property. It is a constituent of the FTSE 250 Index and aims to provide shareholders with an attractive level of income ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 21:14
End of Day Share Price2019/08/21 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.