company background image
EPIC

Ediston Property InvestmentLSE:EPIC Stock Report

Last Price

UK£0.86

Market Cap

UK£181.7m

7D

0.2%

1Y

30.1%

Updated

20 Jan, 2022

Data

Company Financials
EPIC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends3/6

EPIC Stock Overview

Ediston Property Investment Company plc a real estate investment trust externally managed by Ediston Properties Ltd.

Ediston Property Investment Competitors

Land Securities Group

LSE:LAND

UK£6.0b

British Land

LSE:BLND

UK£5.1b

LXI REIT

LSE:LXI

UK£1.1b

UK Commercial Property REIT

LSE:UKCM

UK£1.0b

Price History & Performance

Summary of all time highs, changes and price drops for Ediston Property Investment
Historical stock prices
Current Share PriceUK£0.86
52 Week HighUK£0.88
52 Week LowUK£0.62
Beta1.19
1 Month Change8.86%
3 Month Change12.57%
1 Year Change30.11%
3 Year Change-15.89%
5 Year Change-19.25%
Change since IPO-15.69%

Recent News & Updates

Shareholder Returns

EPICGB REITsGB Market
7D0.2%0.8%-1.0%
1Y30.1%22.5%8.3%

Return vs Industry: EPIC exceeded the UK REITs industry which returned 22.5% over the past year.

Return vs Market: EPIC exceeded the UK Market which returned 8.3% over the past year.

Price Volatility

Is EPIC's price volatile compared to industry and market?
EPIC volatility
EPIC Average Weekly Movement2.5%
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: EPIC is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: EPIC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aDanny O'Neillhttps://www.epic-reit.com

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 based in Edinburgh, United Kingdom.

Ediston Property Investment Fundamentals Summary

How do Ediston Property Investment's earnings and revenue compare to its market cap?
EPIC fundamental statistics
Market CapUK£181.75m
Earnings (TTM)UK£17.11m
Revenue (TTM)UK£17.37m

10.6x

P/E Ratio

10.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EPIC income statement (TTM)
RevenueUK£17.37m
Cost of RevenueUK£0
Gross ProfitUK£17.37m
ExpensesUK£261.00k
EarningsUK£17.11m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.081
Gross Margin100.00%
Net Profit Margin98.50%
Debt/Equity Ratio58.2%

How did EPIC perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

59%

Payout Ratio

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 (£0.86) is trading below our estimate of fair value (£1.77)

Significantly Below Fair Value: EPIC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EPIC is good value based on its PE Ratio (10.6x) compared to the UK REITs industry average (13.2x).

PE vs Market: EPIC is good value based on its PE Ratio (10.6x) compared to the UK market (19.1x).


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 (1x) is in line with the GB REITs industry average.


Future Growth

How is Ediston Property Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.5%

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.


Past Performance

How has Ediston Property Investment performed over the past 5 years?

-44.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EPIC has a large one-off gain of £5.8M impacting its September 30 2021 financial results.

Growing Profit Margin: EPIC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EPIC's earnings have declined by 44.5% per year over the past 5 years.

Accelerating Growth: EPIC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EPIC has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (150.1%).


Return on Equity

High ROE: EPIC's Return on Equity (9%) is considered low.


Financial Health

How is Ediston Property Investment's financial position?


Financial Position Analysis

Short Term Liabilities: EPIC's short term assets (£25.0M) exceed its short term liabilities (£3.2M).

Long Term Liabilities: EPIC's short term assets (£25.0M) do not cover its long term liabilities (£110.3M).


Debt to Equity History and Analysis

Debt Level: EPIC's net debt to equity ratio (52%) is considered high.

Reducing Debt: EPIC's debt to equity ratio has increased from 37.7% to 58.2% over the past 5 years.

Debt Coverage: EPIC's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: EPIC's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


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 (1.39%).

High Dividend: EPIC's dividend (5.81%) is in the top 25% of dividend payers in the UK market (4.04%)


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 7 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (59.4%), 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?

6.0yrs

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

Experienced Board: EPIC's board of directors are considered experienced (6 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

Ediston Property Investment Company plc's 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
  • Implied Market Cap: UK£181.747m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 21:25
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.