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DIGS

GCP Student LivingLSE:DIGS Stock Report

Last Price

UK£2.13

Market Cap

UK£966.9m

7D

0%

1Y

52.0%

Updated

22 Dec, 2021

Data

Company Financials +
DIGS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health2/6
Dividends0/6

DIGS Stock Overview

GCP Student Living plc, a FTSE 250 company, was the first real estate investment trust in the UK to focus on student residential assets.

GCP Student Living Competitors

SEGRO

LSE:SGRO

UK£15.8b

Land Securities Group

LSE:LAND

UK£5.9b

British Land

LSE:BLND

UK£5.1b

Tritax Big Box REIT

LSE:BBOX

UK£4.5b

Price History & Performance

Summary of all time highs, changes and price drops for GCP Student Living
Historical stock prices
Current Share PriceUK£2.13
52 Week HighUK£2.16
52 Week LowUK£1.35
Beta1.03
1 Month Change0.95%
3 Month Change0%
1 Year Change52.00%
3 Year Change42.24%
5 Year Change43.10%
Change since IPO104.82%

Recent News & Updates

Shareholder Returns

DIGSGB REITsGB Market
7D0%0.8%-1.0%
1Y52.0%22.5%8.3%

Return vs Industry: DIGS exceeded the UK REITs industry which returned 23.8% over the past year.

Return vs Market: DIGS exceeded the UK Market which returned 12% over the past year.

Price Volatility

Is DIGS's price volatile compared to industry and market?
DIGS volatility
DIGS Average Weekly Movement0.6%
REITs Industry Average Movement2.6%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: DIGS is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: DIGS's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a129n/ahttps://www.graviscapital.com/funds/gcp-student

GCP Student Living plc, a FTSE 250 company, 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.

GCP Student Living Fundamentals Summary

How do GCP Student Living's earnings and revenue compare to its market cap?
DIGS fundamental statistics
Market CapUK£966.92m
Earnings (TTM)UK£114.73m
Revenue (TTM)UK£36.29m

8.4x

P/E Ratio

26.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DIGS income statement (TTM)
RevenueUK£36.29m
Cost of RevenueUK£20.41m
Gross ProfitUK£15.88m
Expenses-UK£98.85m
EarningsUK£114.73m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin43.76%
Net Profit Margin316.12%
Debt/Equity Ratio32.3%

How did DIGS perform over the long term?

See historical performance and comparison

Valuation

Is GCP Student Living undervalued compared to its fair value and its price relative to the market?

8.43x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DIGS (£2.13) is trading above our estimate of fair value (£0.98)

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 (8.4x) compared to the UK REITs industry average (13.1x).

PE vs Market: DIGS is good value based on its PE Ratio (8.4x) compared to the UK market (19.1x).


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 (1.1x) compared to the GB REITs industry average (0.9x).


Future Growth

How is GCP Student Living forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-23.1%

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 (-23.1% per year).

Earnings vs Market: DIGS's earnings are forecast to decline over the next 3 years (-23.1% per year).

High Growth Earnings: DIGS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: DIGS's revenue (10.5% per year) is forecast to grow faster than the UK market (5.1% per year).

High Growth Revenue: DIGS's revenue (10.5% 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


Past Performance

How has GCP Student Living performed over the past 5 years?

16.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DIGS has a large one-off gain of £112.8M impacting its June 30 2021 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 by 16.6% per year over the past 5 years.

Accelerating Growth: DIGS's earnings growth over the past year (136.2%) exceeds its 5-year average (16.6% per year).

Earnings vs Industry: DIGS earnings growth over the past year (136.2%) underperformed the REITs industry 150.1%.


Return on Equity

High ROE: DIGS's Return on Equity (12.9%) is considered low.


Financial Health

How is GCP Student Living's financial position?


Financial Position Analysis

Short Term Liabilities: DIGS's short term assets (£53.1M) do not cover its short term liabilities (£69.3M).

Long Term Liabilities: DIGS's short term assets (£53.1M) do not cover its long term liabilities (£245.2M).


Debt to Equity History and Analysis

Debt Level: DIGS's net debt to equity ratio (27.3%) is considered satisfactory.

Reducing Debt: DIGS's debt to equity ratio has reduced from 35.7% to 32.3% over the past 5 years.

Debt Coverage: DIGS's debt is not well covered by operating cash flow (5.4%).

Interest Coverage: DIGS's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Dividend

What is GCP Student Living current dividend yield, its reliability and sustainability?

2.57%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DIGS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DIGS'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 DIGS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DIGS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: DIGS is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DIGS'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?

3.8yrs

Average board tenure


CEO

GCP Student Living has no CEO, or we have no data on them.


Board Members

Experienced Board: DIGS's board of directors are considered experienced (3.8 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

GCP Student Living plc's employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • GCP Student Living plc
  • Beaufort House
  • 51 New North Road
  • Exeter
  • Devon
  • EX4 4EP
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/22 18:52
End of Day Share Price2021/12/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.