GCP Student Living plc was the first real estate investment trust in the UK to focus on student residential assets.
Proven track record second-rate dividend payer.
Share Price & News
How has GCP Student Living's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DIGS has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DIGS exceeded the UK REITs industry which returned 10.7% over the past year.
Return vs Market: DIGS exceeded the UK Market which returned 12.7% over the past year.
Price Volatility Vs. Market
How volatile is GCP Student Living's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StCan We See Significant Institutional Ownership On The GCP Student Living plc (LON:DIGS) Share Register?
6 months ago | Simply Wall StConsider This Before Buying GCP Student Living plc (LON:DIGS) For The 3.7% Dividend
7 months ago | Simply Wall StIs GCP Student Living plc (LON:DIGS) A Healthy REIT?
Is GCP Student Living undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DIGS (£1.98) is trading above our estimate of fair value (£1.6)
Significantly Below Fair Value: DIGS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DIGS is good value based on its PE Ratio (8.6x) compared to the REITs industry average (15.2x).
PE vs Market: DIGS is good value based on its PE Ratio (8.6x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: DIGS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DIGS is overvalued based on its PB Ratio (1.2x) compared to the GB REITs industry average (1x).
How is GCP Student Living forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DIGS's earnings are forecast to decline over the next 3 years (-12.1% per year).
Earnings vs Market: DIGS's earnings are forecast to decline over the next 3 years (-12.1% per year).
High Growth Earnings: DIGS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DIGS's revenue (7.8% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: DIGS's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DIGS's Return on Equity is forecast to be high in 3 years time
How has GCP Student Living performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DIGS has a large one-off gain of £73.9M impacting its June 30 2019 financial results.
Growing Profit Margin: DIGS's current net profit margins are higher than last year .
Past Earnings Growth Analysis
Earnings Trend: DIGS's earnings have grown significantly by 33.8% per year over the past 5 years.
Accelerating Growth: DIGS's earnings growth over the past year (52%) exceeds its 5-year average (33.8% per year).
Earnings vs Industry: DIGS earnings growth over the past year (52%) exceeded the REITs industry -21.1%.
Return on Equity
High ROE: DIGS's Return on Equity (13.6%) is considered low.
Return on Assets
Return on Capital Employed
How is GCP Student Living's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: DIGS has a high level of physical assets or inventory.
Debt Coverage by Assets: DIGS's debt is not covered by short term assets (assets are 0.1x debt).
Financial Institutions Analysis
Asset Level: DIGS's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if DIGS has a sufficient allowance for bad loans.
Low Risk Liabilities: DIGS reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if DIGS has an acceptable proportion of non-loan assets held.
Low Risk Deposits: DIGS has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if DIGS has an appropriate level of bad loans.
What is GCP Student Living's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: DIGS's dividend (3.17%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: DIGS's dividend (3.17%) is low compared to the top 25% of dividend payers in the UK market (4.95%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, DIGS has been paying a dividend for less than 10 years.
Growing Dividend: DIGS's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (95.9%), DIGS's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DIGS's dividends in 3 years are forecast to be covered by earnings (88.5% payout ratio).
What is the CEO of GCP Student Living's salary, the management and board of directors tenure and is there insider trading?
Average board tenure
GCP Student Living has no CEO, or we have no data on them.
Board Age and Tenure
Experienced Board: DIGS's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 5.3%.
Nick Barker (39yo)
Director of Gravis Capital Management Limited
Dion Di Miceli
Head of Investment Companies - Gravis Capital Management Limited
Head of Fund Financial Control - Gravis Capital Management Limited
Chief Financial Officer of Gravis Capital Management Limited
- Tenure: 2.8yrs
Associate Director of Gravis Capital Management Limited
Fund Financial Controller
Robert Henry Peto (68yo)
Independent Chairman of the Board
- Tenure: 6.8yrs
- Compensation: UK£49.28k
David Hunter (64yo)
- Tenure: 0.7yrs
- Compensation: UK£6.32k
Robert Naish (66yo)
Senior Independent Director
- Tenure: 1.2yrs
- Compensation: UK£37.90k
Marlene Wood (57yo)
- Tenure: 4.8yrs
- Compensation: UK£45.04k
Gillian Lyndsay Day (55yo)
- Tenure: 1.9yrs
- Compensation: UK£37.93k
GCP Student Living plc's company bio, employee growth, exchange listings and data sources
- Name: GCP Student Living plc
- Ticker: DIGS
- Exchange: LSE
- Industry: Residential REITs
- Sector: Real Estate
- Market Cap: UK£930.514m
- Shares outstanding: 455.02m
- Website: https://www.graviscapital.com/funds/gcp-student
Number of Employees
- GCP Student Living plc
- Beaufort House
- 51 New North Road
- EX4 4EP
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DIGS||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||May 2013|
|DIGSL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||May 2013|
GCP Student Living plc was the first real estate investment trust in the UK to focus on student residential assets. The Company seeks to provide shareholders with attractive total returns in the longer term through the potential for modest capital appreciation and regular, sustainable, long term dividends with inflation linked income characteristics. It invests in properties located primarily in and around London where the Investment Manager believes the Company is likely to benefit from supply and demand imbalances for student residential accommodation and a growing number of international students. The Company has a premium listing on the Official List of the FCA and trades on the Premium Segment of the Main Market of the London Stock Exchange. The Company had a market capitalisation of £670.9 million at 30 June 2019.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/20 22:02|
|End of Day Share Price||2020/01/20 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.