| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 1/6 |
HMSO Stock Overview
At Hammerson, we create vibrant, continually evolving spaces, in and around major cities, where people and brands want to be.
Hammerson Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.35 |
| 52 Week High | UK£0.45 |
| 52 Week Low | UK£0.19 |
| Beta | 2.21 |
| 1 Month Change | 8.34% |
| 3 Month Change | 8.64% |
| 1 Year Change | 73.07% |
| 3 Year Change | -98.03% |
| 5 Year Change | -98.71% |
| Change since IPO | -98.62% |
Recent News & Updates
Shareholder Returns
| HMSO | GB REITs | GB Market | |
|---|---|---|---|
| 7D | -2.2% | 0.5% | -0.5% |
| 1Y | 73.1% | 23.8% | 8.7% |
Return vs Industry: HMSO exceeded the UK REITs industry which returned 23.8% over the past year.
Return vs Market: HMSO exceeded the UK Market which returned 8.7% over the past year.
Price Volatility
| HMSO volatility | |
|---|---|
| HMSO Average Weekly Movement | 5.8% |
| REITs Industry Average Movement | 2.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.7% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: HMSO is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: HMSO's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 518 | Rita-Rose Gagne | https://www.hammerson.com |
At Hammerson, we create vibrant, continually evolving spaces, in and around major cities, where people and brands want to be. We seek to deliver value for all our stakeholders and to create a positive and sustainable impact for generations to come. We own and operate high-quality flagship destinations and have investments in premium outlets in selected European countries and have a City Quarters strategy to evolve our portfolio beyond retail.
Hammerson Fundamentals Summary
| HMSO fundamental statistics | |
|---|---|
| Market Cap | UK£1.55b |
| Earnings (TTM) | -UK£953.20m |
| Revenue (TTM) | UK£263.30m |
5.9x
P/S Ratio-1.6x
P/E RatioIs HMSO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HMSO income statement (TTM) | |
|---|---|
| Revenue | UK£263.30m |
| Cost of Revenue | UK£73.50m |
| Gross Profit | UK£189.80m |
| Expenses | UK£1.14b |
| Earnings | -UK£953.20m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.22 |
| Gross Margin | 72.09% |
| Net Profit Margin | -362.02% |
| Debt/Equity Ratio | 74.2% |
How did HMSO perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield-23%
Payout RatioValuation
Is Hammerson undervalued compared to its fair value and its price relative to the market?
27.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HMSO (£0.35) is trading below our estimate of fair value (£0.49)
Significantly Below Fair Value: HMSO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HMSO is unprofitable, so we can't compare its PE Ratio to the UK REITs industry average.
PE vs Market: HMSO 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 HMSO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HMSO is good value based on its PB Ratio (0.6x) compared to the GB REITs industry average (0.9x).
Future Growth
How is Hammerson forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
73.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HMSO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: HMSO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HMSO's is expected to become profitable in the next 3 years.
Revenue vs Market: HMSO's revenue is expected to decline over the next 3 years (-4.2% per year).
High Growth Revenue: HMSO's revenue is forecast to decline over the next 3 years (-4.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HMSO's Return on Equity is forecast to be low in 3 years time (3.5%).
Past Performance
How has Hammerson performed over the past 5 years?
-69.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HMSO is currently unprofitable.
Growing Profit Margin: HMSO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HMSO is unprofitable, and losses have increased over the past 5 years at a rate of 69.1% per year.
Accelerating Growth: Unable to compare HMSO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HMSO is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (150.1%).
Return on Equity
High ROE: HMSO has a negative Return on Equity (-34.02%), as it is currently unprofitable.
Financial Health
How is Hammerson's financial position?
Financial Position Analysis
Short Term Liabilities: HMSO's short term assets (£630.6M) exceed its short term liabilities (£170.2M).
Long Term Liabilities: HMSO's short term assets (£630.6M) do not cover its long term liabilities (£2.2B).
Debt to Equity History and Analysis
Debt Level: HMSO's net debt to equity ratio (57.2%) is considered high.
Reducing Debt: HMSO's debt to equity ratio has increased from 61.2% to 74.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HMSO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HMSO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Hammerson current dividend yield, its reliability and sustainability?
1.14%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HMSO's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: HMSO's dividend (1.14%) is low compared to the top 25% of dividend payers in the UK market (4.04%).
Stability and Growth of Payments
Stable Dividend: HMSO's dividend payments have been volatile in the past 10 years.
Growing Dividend: HMSO's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: HMSO is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: HMSO's dividends in 3 years are forecast to be covered by earnings (67.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Rita-Rose Gagne
1.17yrs
Tenure
UK£708,000
Compensation
Ms. Rita-Rose Gagne serves as Chief Executive Officer of Hammerson Plc since November 02, 2020 and has been its Director since November 02, 2020. She served as President of Growth Markets at Ivanhoé Cambri...
CEO Compensation Analysis
Compensation vs Market: Rita-Rose's total compensation ($USD959.99K) is below average for companies of similar size in the UK market ($USD1.55M).
Compensation vs Earnings: Insufficient data to compare Rita-Rose's compensation with company performance.
Leadership Team
Experienced Management: HMSO's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: HMSO's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HMSO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.7%.
Top Shareholders
Company Information
Hammerson plc's employee growth, exchange listings and data sources
Key Information
- Name: Hammerson plc
- Ticker: HMSO
- Exchange: LSE
- Founded: 2008
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: UK£1.553b
- Shares outstanding: 4.41b
- Website: https://www.hammerson.com
Number of Employees
Location
- Hammerson plc
- Kings Place
- 90 York Way
- London
- East Lothian
- N1 9GE
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 21:17 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.