Helical
Market Cap
UK£463.0m
Last Updated
2019/10/19 20:38 UTC
Data Sources
Company Financials +
Executive Summary
Helical plc engages in the investment, construction, development, rental, and trading of real estate properties in the United Kingdom.
Snowflake
Fundamentals
Average dividend payer and fair value.
Similar Companies
Share Price & News
How has Helical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.9%
HLCL
1.2%
GB Real Estate
-0.4%
GB Market
1 Year Return
18.8%
HLCL
3.2%
GB Real Estate
2.9%
GB Market
Return vs Industry: HLCL exceeded the UK Real Estate industry which returned 3.2% over the past year.
Return vs Market: HLCL exceeded the UK Market which returned 2.9% over the past year.
Shareholder returns
| HLCL | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.9% | 1.2% | -0.4% |
| 30 Day | 4.5% | 3.4% | -1.4% |
| 90 Day | 6.2% | 5.4% | -2.1% |
| 1 Year | 22.1%18.8% | 7.4%3.2% | 7.9%2.9% |
| 3 Year | 53.8%41.4% | -5.3%-11.9% | 18.0%3.6% |
| 5 Year | 24.8%10.2% | 20.3%5.7% | 35.8%6.4% |
Price Volatility Vs. Market
How volatile is Helical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Should You Buy Helical plc (LON:HLCL) For Its Dividend?2 weeks ago | Simply Wall St
Read This Before You Buy Helical plc (LON:HLCL) Because Of Its P/E Ratio1 month ago | Simply Wall St
Is Helical plc's (LON:HLCL) CEO Salary Justified?Valuation
Is Helical undervalued compared to its fair value and its price relative to the market?
10.78x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: HLCL (£3.86) is trading above our estimate of fair value (£1.26)
Significantly Undervalued: HLCL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HLCL is good value based on its PE Ratio (10.8x) compared to the Real Estate industry average (11.2x).
PE vs Market: HLCL is good value based on its PE Ratio (10.8x) compared to the UK market (16.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: HLCL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HLCL is good value based on its PB Ratio (0.8x) compared to the GB Real Estate industry average (1.1x).
Next Steps
Future Growth
How is Helical forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-52.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HLCL's earnings are forecast to decline over the next 3 years (-52.2% per year).
Earnings vs Market: HLCL's earnings are forecast to decline over the next 3 years (-52.2% per year).
High Growth Earnings: HLCL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HLCL's revenue (3.4% per year) is forecast to grow slower than the UK market (3.9% per year).
High Growth Revenue: HLCL's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: HLCL's Return on Equity is forecast to be low in 3 years time (2.6%).
Next Steps
Past Performance
How has Helical performed over the past 5 years?
-22.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: HLCL's earnings have declined by -22.1% per year over the past 5 years.
Accelerating Growth: HLCL's earnings growth over the past year (62.1%) exceeds its 5-year average (-22.1% per year).
Earnings vs Industry: HLCL earnings growth over the past year (62.1%) exceeded the Real Estate industry 8%.
Return on Equity
High ROE: HLCL's Return on Equity (7.5%) is considered low.
Return on Assets
ROA vs Industry: HLCL's Return on Assets is below or equal to the Real Estate industry average last year.
Return on Capital Employed
ROCE Improving: HLCL's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Helical's financial position?
Financial Position Analysis
Short Term Liabilities: HLCL's short term assets (£258.6M) exceeds its short term liabilities (£146.2M)
Long Term Liabilities: HLCL's short term assets (258.6M) do not cover its long term liabilities (351.1M)
Debt to Equity History and Analysis
Debt Level: HLCL's debt to equity ratio (75.7%) is considered high
Reducing Debt: HLCL's debt to equity ratio has reduced from 111.1% to 75.7% over the past 5 years.
Debt Coverage: HLCL's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: HLCL's interest payments on its debt are not well covered by EBIT (0.5x coverage).
Balance Sheet
Inventory Level: HLCL has a low level of unsold assets or inventory.
Debt Coverage by Assets: HLCL's debt is not covered by short term assets (assets are 0.6x debt).
Next Steps
Dividend
What is Helical's current dividend yield, its reliability and sustainability?
2.62%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: HLCL's dividend (2.62%) is higher than the bottom 25% of dividend payers in the UK market (2.01%).
High Dividend: HLCL's dividend (2.62%) is low compared to the top 25% of dividend payers in the UK market (5.36%).
Stable Dividend: HLCL's dividends per share have been stable in the past 10 years.
Growing Dividend: HLCL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.2%), HLCL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HLCL's dividends in 3 years are not forecast to be well covered by earnings (122% payout ratio).
Next Steps
Management
What is the CEO of Helical's salary, the management and board of directors tenure and is there insider trading?
4.9yrs
Average management tenure
CEO
Gerald Kaye (61yo)
3.3yrs
Tenure
UK£1,703,000
Compensation
Mr. Gerald A. Kaye, B.Sc (Est. Man), FRICS has been the Chief Executive Officer of Helical plc (a/k/a, Helical Bar plc) since July 25, 2016 and has been its Executive Director since September 1994. Mr. Kay ...
CEO Compensation Analysis
Compensation vs. Market: Gerald's total compensation ($USD2.19M) is about average for companies of similar size in the UK market ($USD875.35K).
Compensation vs Earnings: Gerald's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.9yrs
Average Tenure
56yo
Average Age
Experienced Management: HLCL's management team is considered experienced (4.9 years average tenure).
Board Age and Tenure
2.7yrs
Average Tenure
61yo
Average Age
Experienced Board: HLCL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Finance Director & Director |
| Shares | 35,000 |
| Max Price | UK£3.63 |
| Entity | Individual |
| Role | Member of the Board of Directors Finance Director & Director |
| Shares | 25,000 |
| Max Price | UK£3.25 |
Ownership Breakdown
Management Team
Tim Murphy (59yo)
Finance Director & Director
- Tenure: 7.3yrs
- Compensation: UK£971.00k
Gerald Kaye (61yo)
CEO & Director
- Tenure: 3.3yrs
- Compensation: UK£1.70m
John Inwood (53yo)
Head of Asset Management
- Tenure: 0yrs
Matthew Bonning-Snook (51yo)
Property Director & Executive Director
- Tenure: 12.2yrs
- Compensation: UK£1.34m
James Moss
Company Secretary & Group Financial Controller
- Tenure: 0yrs
Jim Roxburgh
Head of Executive Logistics & Transportation
- Tenure: 4.9yrs
Board Members
Joe Lister (48yo)
Independent Non-Executive Director
- Tenure: 1.1yrs
- Compensation: UK£26.00k
Tim Murphy (59yo)
Finance Director & Director
- Tenure: 7.3yrs
- Compensation: UK£971.00k
Gerald Kaye (61yo)
CEO & Director
- Tenure: 3.3yrs
- Compensation: UK£1.70m
Matthew Bonning-Snook (51yo)
Property Director & Executive Director
- Tenure: 12.2yrs
- Compensation: UK£1.34m
Sue Farr (63yo)
Independent Non-Executive Director
- Tenure: 0.3yrs
Richard Cotton (64yo)
Senior Independent Director
- Tenure: 1.7yrs
- Compensation: UK£70.00k
Sue Clayton (61yo)
Non-Executive Director
- Tenure: 3.7yrs
- Compensation: UK£55.00k
Richard Grant (65yo)
Independent Chairman of the Board
- Tenure: 0.3yrs
- Compensation: UK£70.00k
Company Information
Helical plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Helical plc
- Ticker: HLCL
- Exchange: LSE
- Founded: 1919
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: UK£463.033m
- Shares outstanding: 119.96m
- Website: https://www.helical.co.uk
Number of Employees
Location
- Helical plc
- 5 Hanover Square
- London
- Greater London
- W1S 1HQ
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HLCL | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1980 |
| HLCLL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1980 |
Biography
Helical plc engages in the investment, construction, development, rental, and trading of real estate properties in the United Kingdom. The company operates through Investment Properties and Developments se ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 20:38 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
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.