| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
CAL Stock Overview
Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities.
Capital & Regional Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.59 |
| 52 Week High | UK£0.96 |
| 52 Week Low | UK£0.54 |
| Beta | 2.41 |
| 1 Month Change | -3.28% |
| 3 Month Change | -12.72% |
| 1 Year Change | 1.03% |
| 3 Year Change | -83.38% |
| 5 Year Change | -88.82% |
| Change since IPO | -94.59% |
Recent News & Updates
Shareholder Returns
| CAL | GB REITs | GB Market | |
|---|---|---|---|
| 7D | -5.6% | 0.1% | -2.6% |
| 1Y | 1.0% | 21.4% | 10.9% |
Return vs Industry: CAL underperformed the UK REITs industry which returned 25.9% over the past year.
Return vs Market: CAL underperformed the UK Market which returned 13.8% over the past year.
Price Volatility
| CAL volatility | |
|---|---|
| CAL Average Weekly Movement | 6.6% |
| REITs Industry Average Movement | 2.7% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in GB Market | 9.8% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: CAL is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CAL's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 216 | Lawrence Hutchings | https://www.capreg.com |
Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of in-town shopping centres. Capital & Regional is listed on the main market of the London Stock Exchange (LSE) and has a secondary listing on the Johannesburg Stock Exchange (JSE).
Capital & Regional Fundamentals Summary
| CAL fundamental statistics | |
|---|---|
| Market Cap | UK£97.56m |
| Earnings (TTM) | -UK£129.20m |
| Revenue (TTM) | UK£70.30m |
1.4x
P/S Ratio-0.8x
P/E RatioIs CAL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CAL income statement (TTM) | |
|---|---|
| Revenue | UK£70.30m |
| Cost of Revenue | UK£30.70m |
| Gross Profit | UK£39.60m |
| Expenses | UK£168.80m |
| Earnings | -UK£129.20m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.78 |
| Gross Margin | 56.33% |
| Net Profit Margin | -183.78% |
| Debt/Equity Ratio | 335.8% |
How did CAL perform over the long term?
See historical performance and comparisonValuation
Is Capital & Regional undervalued compared to its fair value and its price relative to the market?
37.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CAL (£0.59) is trading below our estimate of fair value (£0.95)
Significantly Below Fair Value: CAL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CAL is unprofitable, so we can't compare its PE Ratio to the UK REITs industry average.
PE vs Market: CAL is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CAL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CAL is good value based on its PB Ratio (0.8x) compared to the GB REITs industry average (0.9x).
Future Growth
How is Capital & Regional forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
80.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CAL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: CAL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CAL's is expected to become profitable in the next 3 years.
Revenue vs Market: CAL's revenue is expected to decline over the next 3 years (-7.6% per year).
High Growth Revenue: CAL's revenue is forecast to decline over the next 3 years (-7.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CAL's Return on Equity is forecast to be low in 3 years time (6.4%).
Past Performance
How has Capital & Regional performed over the past 5 years?
-66.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAL is currently unprofitable.
Growing Profit Margin: CAL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CAL is unprofitable, and losses have increased over the past 5 years at a rate of 66.1% per year.
Accelerating Growth: Unable to compare CAL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CAL is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (141.2%).
Return on Equity
High ROE: CAL has a negative Return on Equity (-101.97%), as it is currently unprofitable.
Financial Health
How is Capital & Regional's financial position?
Financial Position Analysis
Short Term Liabilities: CAL's short term assets (£110.5M) exceed its short term liabilities (£39.5M).
Long Term Liabilities: CAL's short term assets (£110.5M) do not cover its long term liabilities (£478.8M).
Debt to Equity History and Analysis
Debt Level: CAL's net debt to equity ratio (273.7%) is considered high.
Reducing Debt: CAL's debt to equity ratio has increased from 83.7% to 335.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CAL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CAL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11% per year.
Dividend
What is Capital & Regional current dividend yield, its reliability and sustainability?
7.97%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CAL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CAL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CAL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CAL is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CAL's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.4yrs
Average management tenure
CEO
Lawrence Hutchings (55 yo)
4.42yrs
Tenure
UK£481,000
Compensation
Mr. Lawrence Francis Hutchings has been Chief Executive of Capital & Regional plc since June 13, 2017 and has been its Executive Director since June 13, 2017. Mr. Hutchings has most recently been Managing...
CEO Compensation Analysis
Compensation vs Market: Lawrence's total compensation ($USD636.88K) is above average for companies of similar size in the UK market ($USD324.53K).
Compensation vs Earnings: Lawrence's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CAL's management team is considered experienced (4.4 years average tenure).
Board Members
Experienced Board: CAL's board of directors are not considered experienced ( 1.9 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 48%.
Top Shareholders
Company Information
Capital & Regional Plc's employee growth, exchange listings and data sources
Key Information
- Name: Capital & Regional Plc
- Ticker: CAL
- Exchange: LSE
- Founded: 1979
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: UK£97.563m
- Shares outstanding: 165.36m
- Website: https://www.capreg.com
Number of Employees
Location
- Capital & Regional Plc
- 22 Chapter Street
- London
- Greater London
- SW1P 4NP
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/12/01 18:50 |
| End of Day Share Price | 2021/12/01 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/30 |
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.