DLN Stock Overview
Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
My Notes
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Derwent London Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£19.72 |
| 52 Week High | UK£25.30 |
| 52 Week Low | UK£18.74 |
| Beta | 1.03 |
| 1 Month Change | -6.10% |
| 3 Month Change | -19.51% |
| 1 Year Change | -14.93% |
| 3 Year Change | -40.60% |
| 5 Year Change | -49.90% |
| Change since IPO | 712.51% |
Recent News & Updates
Shareholder Returns
| DLN | GB Office REITs | GB Market | |
|---|---|---|---|
| 7D | -4.3% | -3.2% | -1.4% |
| 1Y | -14.9% | -19.0% | 4.6% |
Return vs Industry: DLN exceeded the UK Office REITs industry which returned -18.8% over the past year.
Return vs Market: DLN underperformed the UK Market which returned 17.5% over the past year.
Price Volatility
| DLN volatility | |
|---|---|
| DLN Average Weekly Movement | 2.7% |
| Office REITs Industry Average Movement | 3.2% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in GB Market | 10.3% |
| 10% least volatile stocks in GB Market | 2.6% |
Stable Share Price: DLN has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: DLN's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 199 | Paul Williams | www.derwentlondon.com |
Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling. We typically acquire central London properties off-market with low capital values and modest rents in improving locations, most of which are either in the West End or the Tech Belt.
Derwent London Plc Fundamentals Summary
| DLN fundamental statistics | |
|---|---|
| Market cap | UK£2.21b |
| Earnings (TTM) | -UK£360.70m |
| Revenue (TTM) | UK£278.60m |
7.9x
P/S Ratio-6.1x
P/E RatioIs DLN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DLN income statement (TTM) | |
|---|---|
| Revenue | UK£278.60m |
| Cost of Revenue | UK£74.80m |
| Gross Profit | UK£203.80m |
| Other Expenses | UK£564.50m |
| Earnings | -UK£360.70m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Feb 27, 2025
| Earnings per share (EPS) | -3.21 |
| Gross Margin | 73.15% |
| Net Profit Margin | -129.47% |
| Debt/Equity Ratio | 39.7% |
How did DLN perform over the long term?
See historical performance and comparisonDividends
4.0%
Current Dividend Yield92%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 07:33 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Derwent London Plc is covered by 40 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Paul May | Barclays |
| Aaron Guy | Barclays |
| Miranda Cockburn | Berenberg |