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Market Cap

UK£532.4m

Last Updated

2021/05/13 00:53 UTC

Data Sources

Company Financials +

Executive Summary

Helical plc engages in the investment, rental, and development of real estate properties in the United Kingdom. More Details


Snowflake Analysis

Reasonable growth potential average dividend payer.


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

Stable Share Price: HLCL is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: HLCL's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.1%

HLCL

0.6%

GB Real Estate

-0.7%

GB Market


1 Year Return

58.5%

HLCL

45.6%

GB Real Estate

28.0%

GB Market

Return vs Industry: HLCL exceeded the UK Real Estate industry which returned 45.6% over the past year.

Return vs Market: HLCL exceeded the UK Market which returned 28% over the past year.


Shareholder returns

HLCLIndustryMarket
7 Day2.1%0.6%-0.7%
30 Day4.0%3.2%1.8%
90 Day19.9%7.3%6.4%
1 Year62.4%58.5%48.5%45.6%33.4%28.0%
3 Year19.3%10.3%8.1%-0.6%10.6%-2.0%
5 Year26.4%12.3%44.5%24.6%49.8%21.6%

Long-Term 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

Valuation

Is Helical undervalued compared to its fair value and its price relative to the market?

37.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HLCL (£4.39) is trading above our estimate of fair value (£2.06)

Significantly Below Fair Value: HLCL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HLCL is poor value based on its PE Ratio (37.9x) compared to the UK Real Estate industry average (18.4x).

PE vs Market: HLCL is poor value based on its PE Ratio (37.9x) compared to the UK market (25.9x).


Price to Earnings Growth Ratio

PEG Ratio: HLCL is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: HLCL's PB Ratio (0.9x) is in line with the GB Real Estate industry average.


Future Growth

How is Helical forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

57.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HLCL's forecast earnings growth (57.5% per year) is above the savings rate (0.9%).

Earnings vs Market: HLCL's earnings (57.5% per year) are forecast to grow faster than the UK market (17.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HLCL's revenue (8.5% per year) is forecast to grow faster than the UK market (5.2% per year).

High Growth Revenue: HLCL's revenue (8.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HLCL's Return on Equity is forecast to be low in 3 years time (2.2%).


Past Performance

How has Helical performed over the past 5 years?

-29.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HLCL has a large one-off gain of £26.7M impacting its September 30 2020 financial results.

Growing Profit Margin: HLCL's current net profit margins (34%) are lower than last year (56.8%).


Past Earnings Growth Analysis

Earnings Trend: HLCL's earnings have declined by 29.1% per year over the past 5 years.

Accelerating Growth: HLCL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HLCL had negative earnings growth (-54.7%) over the past year, making it difficult to compare to the Real Estate industry average (-13.9%).


Return on Equity

High ROE: HLCL's Return on Equity (2.4%) is considered low.


Financial Health

How is Helical's financial position?


Financial Position Analysis

Short Term Liabilities: HLCL's short term assets (£109.2M) exceed its short term liabilities (£33.4M).

Long Term Liabilities: HLCL's short term assets (£109.2M) do not cover its long term liabilities (£387.6M).


Debt to Equity History and Analysis

Debt Level: HLCL's debt to equity ratio (63.9%) is considered high.

Reducing Debt: HLCL's debt to equity ratio has reduced from 135.3% to 63.9% over the past 5 years.

Debt Coverage: HLCL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: HLCL's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


Dividend

What is Helical current dividend yield, its reliability and sustainability?

1.98%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HLCL's dividend (1.98%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: HLCL's dividend (1.98%) is low compared to the top 25% of dividend payers in the UK market (4.07%).


Stability and Growth of Payments

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: At its current payout ratio (75.1%), HLCL's payments are 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 (122.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure


CEO

Gerald Kaye (62 yo)

4.83yrs

Tenure

UK£2,555,000

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 and resp...


CEO Compensation Analysis

Compensation vs Market: Gerald's total compensation ($USD3.60M) is above average for companies of similar size in the UK market ($USD959.49K).

Compensation vs Earnings: Gerald's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: HLCL's management team is seasoned and experienced (6.5 years average tenure).


Board Members

Experienced Board: HLCL's board of directors are considered experienced (4.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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 Operating Companies
  • Sector: Real Estate
  • Market Cap: UK£532.356m
  • Shares outstanding: 121.27m
  • Website: https://www.helical.co.uk

Number of Employees


Location

  • Helical plc
  • 5 Hanover Square
  • London
  • Greater London
  • W1S 1HQ
  • United Kingdom

Listings


Biography

Helical plc engages in the investment, rental, and development of real estate properties in the United Kingdom. The company’s property portfolio includes mixed-use commercial/residential projects and offic...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 00:53
End of Day Share Price2021/05/12 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.