Impact Healthcare REIT Plc is a real estate investment trust externally managed by Carne Global AIFM Solutions.
Undervalued with reasonable growth potential.
Share Price & News
How has Impact Healthcare REIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IHR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IHR underperformed the UK REITs industry which returned 13.5% over the past year.
Return vs Market: IHR underperformed the UK Market which returned 6.5% over the past year.
Price Volatility Vs. Market
How volatile is Impact Healthcare REIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StIs Impact Healthcare REIT PLC's (LON:IHR) 6.9% ROE Strong Compared To Its Industry?
1 year ago | Simply Wall StHow Did Impact Healthcare REIT PLC's (LON:IHR) 6.9% ROE Fare Against The Industry?
1 year ago | Simply Wall StHow Does Impact Healthcare REIT PLC (LON:IHR) Fare As A Dividend Stock?
Is Impact Healthcare REIT undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IHR (£1.08) is trading below our estimate of fair value (£1.98)
Significantly Below Fair Value: IHR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IHR is good value based on its PE Ratio (11.7x) compared to the REITs industry average (15.2x).
PE vs Market: IHR is good value based on its PE Ratio (11.7x) compared to the UK market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: IHR is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: IHR is overvalued based on its PB Ratio (1x) compared to the GB REITs industry average (1x).
How is Impact Healthcare REIT forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IHR's forecast earnings growth (37% per year) is above the savings rate (0.5%).
Earnings vs Market: IHR's earnings (37% per year) are forecast to grow faster than the UK market (12.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IHR's revenue (19.5% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: IHR's revenue (19.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IHR's Return on Equity is forecast to be low in 3 years time (5.4%).
How has Impact Healthcare REIT performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: IHR has a large one-off gain of £4.5M impacting its June 30 2019 financial results.
Growing Profit Margin: IHR's current net profit margins (93.6%) are lower than last year (99.4%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if IHR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare IHR's past year earnings growth to its 5-year average.
Earnings vs Industry: IHR earnings growth over the past year (39.4%) exceeded the REITs industry -20.8%.
Return on Equity
High ROE: IHR's Return on Equity (6.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Impact Healthcare REIT's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: IHR has a high level of physical assets or inventory.
Debt Coverage by Assets: IHR's debt is covered by short term assets (assets are 2.3x debt).
Financial Institutions Analysis
Asset Level: IHR's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if IHR has a sufficient allowance for bad loans.
Low Risk Liabilities: IHR reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if IHR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: IHR has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if IHR has an appropriate level of bad loans.
What is Impact Healthcare REIT's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: IHR's dividend (5.71%) is higher than the bottom 25% of dividend payers in the UK market (1.8%).
High Dividend: IHR's dividend (5.71%) is in the top 25% of dividend payers in the UK market (5.07%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, IHR has been paying a dividend for less than 10 years.
Growing Dividend: IHR's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (124%), IHR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IHR's dividends in 3 years are forecast to be covered by earnings (95.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Impact Healthcare REIT has no CEO, or we have no data on them.
|Independent Non-Executive Chairman||2.9yrs||UK£42.00k||0.057% £198.0k|
|Senior Independent Non-Executive Director||0yrs||UK£33.00k||0.0094% £32.4k|
|Non-Executive Director||2.7yrs||UK£31.00k||no data|
|Independent Non-Executive Director||3.1yrs||UK£31.00k||0.0094% £32.4k|
|Independent Non-Executive Director||0.9yrs||no data||no data|
Experienced Board: IHR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.2%.
Impact Healthcare REIT PLC's company bio, employee growth, exchange listings and data sources
- Name: Impact Healthcare REIT PLC
- Ticker: IHR
- Exchange: LSE
- Founded: 2016
- Industry: Health Care REITs
- Sector: Real Estate
- Market Cap: UK£344.470m
- Shares outstanding: 318.95m
- Website: https://www.impactreit.uk
- Impact Healthcare REIT PLC
- 9 Berkeley Street
- 7th Floor
- Greater London
- W1J 8DW
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IHR||LSE (London Stock Exchange)||Yes||Share Capital||GB||GBP||Mar 2017|
|IHRL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||GBP||Mar 2017|
Impact Healthcare REIT Plc is a real estate investment trust externally managed by Carne Global AIFM Solutions. The firm invests in the real estate markets of United Kingdom. It primarily acquires, owns, leases, renovates, extends and redevelops high quality healthcare real estate assets. Impact Healthcare REIT Plc was formed on 7 November 2016 and is based in London, United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/22 23:03|
|End of Day Share Price||2020/02/21 00:00|
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.