Capital & Counties Properties
Market Cap
UK£1.5b
Last Updated
2021/04/12 18:23 UTC
Data Sources
Company Financials +
Executive Summary
Capital & Counties Properties PLC, a property company, engages in investment, development, and management of properties. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with worrying balance sheet.
Similar Companies
Share Price & News
How has Capital & Counties Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CAPC is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CAPC's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
2.9%
CAPC
2.0%
GB REITs
2.4%
GB Market
1 Year Return
-3.2%
CAPC
-12.6%
GB REITs
23.6%
GB Market
Return vs Industry: CAPC exceeded the UK REITs industry which returned -12.6% over the past year.
Return vs Market: CAPC underperformed the UK Market which returned 23.6% over the past year.
Shareholder returns
| CAPC | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.9% | 2.0% | 2.4% |
| 30 Day | 3.1% | 3.8% | 3.0% |
| 90 Day | 28.1% | 8.1% | 4.0% |
| 1 Year | -2.6%-3.2% | 12.7%-12.6% | 29.4%23.6% |
| 3 Year | -35.2%-36.4% | 0.5%0.4% | 14.8%1.3% |
| 5 Year | -44.0%-45.5% | 9.8%4.0% | 40.4%14.0% |
Long-Term Price Volatility Vs. Market
How volatile is Capital & Counties Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Analysts Have Made A Financial Statement On Capital & Counties Properties PLC's (LON:CAPC) Full-Year Report2 months ago | Simply Wall St
Have Insiders Been Buying Capital & Counties Properties PLC (LON:CAPC) Shares This Year?3 months ago | Simply Wall St
Is Capital & Counties Properties PLC (LON:CAPC) Popular Amongst Institutions?Valuation
Is Capital & Counties Properties undervalued compared to its fair value and its price relative to the market?
0.86x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CAPC (£1.78) is trading above our estimate of fair value (£1.03)
Significantly Below Fair Value: CAPC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CAPC is unprofitable, so we can't compare its PE Ratio to the GB REITs industry average.
PE vs Market: CAPC 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 CAPC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CAPC's PB Ratio (0.9x) is in line with the GB REITs industry average.
Future Growth
How is Capital & Counties Properties forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
117.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CAPC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).
Earnings vs Market: CAPC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CAPC's is expected to become profitable in the next 3 years.
Revenue vs Market: CAPC's revenue is expected to decline over the next 3 years (-2.1% per year).
High Growth Revenue: CAPC's revenue is forecast to decline over the next 3 years (-2.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CAPC's Return on Equity is forecast to be low in 3 years time (0.9%).
Past Performance
How has Capital & Counties Properties performed over the past 5 years?
-73.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAPC is currently unprofitable.
Growing Profit Margin: CAPC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CAPC is unprofitable, and losses have increased over the past 5 years at a rate of 73.2% per year.
Accelerating Growth: Unable to compare CAPC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CAPC is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (6.7%).
Return on Equity
High ROE: CAPC has a negative Return on Equity (-39.99%), as it is currently unprofitable.
Financial Health
How is Capital & Counties Properties's financial position?
Financial Position Analysis
Short Term Liabilities: CAPC's short term assets (£430.8M) exceed its short term liabilities (£46.9M).
Long Term Liabilities: CAPC's short term assets (£430.8M) do not cover its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: CAPC's debt to equity ratio (61.3%) is considered high.
Reducing Debt: CAPC's debt to equity ratio has increased from 18.5% to 61.3% over the past 5 years.
Debt Coverage: CAPC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CAPC's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Capital & Counties Properties's current dividend yield, its reliability and sustainability?
0.58%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CAPC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CAPC'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 CAPC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CAPC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CAPC is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CAPC'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?
6.2yrs
Average management tenure
CEO
Frics Hawksworth (55 yo)
11.25yrs
Tenure
UK£1,566,000
Compensation
Mr. Ian David Hawksworth also known as Frics serves as the Chief Executive Officer of Capital & Counties Properties PLC since 2010. Mr. Hawksworth serves as Managing Director at Capital & Counties Limited....
CEO Compensation Analysis
Compensation vs Market: Frics's total compensation ($USD2.15M) is above average for companies of similar size in the UK market ($USD1.50M).
Compensation vs Earnings: Frics's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: CAPC's management team is seasoned and experienced (6.2 years average tenure).
Board Members
Experienced Board: CAPC's board of directors are considered experienced (3.2 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Capital & Counties Properties PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Capital & Counties Properties PLC
- Ticker: CAPC
- Exchange: LSE
- Founded: 2010
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: UK£1.517b
- Shares outstanding: 851.12m
- Website: https://www.capitalandcounties.com
Number of Employees
Location
- Capital & Counties Properties PLC
- Regal House
- 14 James Street
- London
- Greater London
- WC2E 8BU
- United Kingdom
Listings
Biography
Capital & Counties Properties PLC, a property company, engages in investment, development, and management of properties. Its principal properties include Covent Garden, a retail and dining destination in c...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 18:23 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.