Ediston Property Investment
Market Cap
UK£145.6m
Last Updated
2021/02/24 20:51 UTC
Data Sources
Company Financials
Executive Summary
Ediston Property Investment Company plc a real estate investment trust externally managed by Ediston Properties Ltd. More Details
Rewards
Risk Analysis
Snowflake Analysis
Second-rate dividend payer and slightly overvalued.
Similar Companies
Share Price & News
How has Ediston Property Investment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EPIC is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: EPIC's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
EPIC
3.0%
GB REITs
-0.8%
GB Market
1 Year Return
-14.7%
EPIC
-45.4%
GB REITs
-3.7%
GB Market
Return vs Industry: EPIC underperformed the UK REITs industry which returned -12.6% over the past year.
Return vs Market: EPIC underperformed the UK Market which returned -2% over the past year.
Shareholder returns
| EPIC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 3.0% | -0.8% |
| 30 Day | 5.7% | 5.8% | 0.9% |
| 90 Day | 7.7% | 6.6% | 6.6% |
| 1 Year | -7.9%-14.7% | -12.1%-45.4% | 2.1%-3.7% |
| 3 Year | -24.8%-37.9% | 2.9%2.1% | 9.6%-3.5% |
| 5 Year | -11.9%-34.4% | 11.2%6.0% | 41.7%14.3% |
Long-Term Price Volatility Vs. Market
How volatile is Ediston Property Investment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Should You Take Comfort From Insider Transactions At Ediston Property Investment Company plc (LON:EPIC)?2 months ago | Simply Wall St
Ediston Property Investment (LON:EPIC) Share Prices Have Dropped 35% In The Last Three Years4 months ago | Simply Wall St
Are Insiders Buying Ediston Property Investment Company plc (LON:EPIC) Stock?Valuation
Is Ediston Property Investment undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EPIC (£0.69) is trading below our estimate of fair value (£1.48)
Significantly Below Fair Value: EPIC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EPIC is unprofitable, so we can't compare its PE Ratio to the GB REITs industry average.
PE vs Market: EPIC 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 EPIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EPIC's PB Ratio (0.8x) is in line with the GB REITs industry average.
Next Steps
Future Growth
How is Ediston Property Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
47.0%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ediston Property Investment has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of EPIC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Ediston Property Investment competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has Ediston Property Investment performed over the past 5 years?
-49.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EPIC is currently unprofitable.
Growing Profit Margin: EPIC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EPIC is unprofitable, and losses have increased over the past 5 years at a rate of 49.1% per year.
Accelerating Growth: Unable to compare EPIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EPIC is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-4.2%).
Return on Equity
High ROE: EPIC has a negative Return on Equity (-20.56%), as it is currently unprofitable.
Next Steps
Financial Health
How is Ediston Property Investment's financial position?
Financial Position Analysis
Short Term Liabilities: EPIC's short term assets (£26.5M) exceed its short term liabilities (£2.8M).
Long Term Liabilities: EPIC's short term assets (£26.5M) do not cover its long term liabilities (£110.1M).
Debt to Equity History and Analysis
Debt Level: EPIC's debt to equity ratio (60.6%) is considered high.
Reducing Debt: EPIC's debt to equity ratio has increased from 29.1% to 60.6% over the past 5 years.
Debt Coverage: EPIC's debt is not well covered by operating cash flow (16%).
Interest Coverage: EPIC is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Ediston Property Investment current dividend yield, its reliability and sustainability?
5.81%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EPIC's dividend (5.81%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).
High Dividend: EPIC's dividend (5.81%) is in the top 25% of dividend payers in the UK market (4.52%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, EPIC has been paying a dividend for less than 10 years.
Growing Dividend: EPIC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.4%), EPIC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average board tenure
CEO
Danny O'Neill
no data
Tenure
Mr. Daniel O'Neill, BSC MRICS DIPPROPINV, also known as Danny serves as the Chief Executive Officer of Ediston Properties Limited - Investment Manager at Ediston Property Investment Company plc. Mr. O'Neil...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director of Ediston Properties Limited | 3.58yrs | UK£38.00k | 0.047% £ 68.9k | |
| Independent Non-Executive Chairman of Ediston Properties Limited | no data | UK£52.00k | 0.062% £ 89.8k | |
| Senior Independent Director of Ediston Properties Limited | 3.08yrs | UK£47.00k | 0.039% £ 56.5k | |
| Independent Non-Executive Director of Ediston Properties Limited | 0.83yr | UK£18.00k | 0.029% £ 42.3k |
3.1yrs
Average Tenure
Experienced Board: EPIC's board of directors are considered experienced (3.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EPIC 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
Ediston Property Investment Company plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ediston Property Investment Company plc
- Ticker: EPIC
- Exchange: LSE
- Founded: 2014
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: UK£145.609m
- Shares outstanding: 211.33m
- Website: https://www.epic-reit.com
Location
- Ediston Property Investment Company plc
- The Scalpel, 18th Floor
- 52 Lime Street
- London
- Greater London
- EC3M 7AF
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EPIC | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Oct 2014 |
Biography
Ediston Property Investment Company plc a real estate investment trust externally managed by Ediston Properties Ltd. The firm invest in commercial property of United Kingdom. It was founded in 2014 and is ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/24 20:51 |
| End of Day Share Price | 2021/02/24 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.