Impact Healthcare REIT Plc is a real estate investment trust externally managed by Carne Global AIFM Solutions.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£1.19|
|52 Week High||UK£0.97|
|52 Week Low||UK£1.22|
|1 Month Change||1.37%|
|3 Month Change||7.23%|
|1 Year Change||17.43%|
|3 Year Change||13.49%|
|5 Year Change||n/a|
|Change since IPO||14.59%|
Recent News & Updates
|IHR||GB REITs||GB Market|
Return vs Industry: IHR underperformed the UK REITs industry which returned 36.4% over the past year.
Return vs Market: IHR underperformed the UK Market which returned 23.1% over the past year.
Stable Share Price: IHR is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: IHR's weekly volatility (2%) has been stable over the past year.
About the Company
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 Fundamentals Summary
|IHR fundamental statistics|
Is IHR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IHR income statement (TTM)|
|Cost of Revenue||UK£0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.10|
|Net Profit Margin||95.38%|
How did IHR perform over the long term?See historical performance and comparison
5.4%Current Dividend Yield
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 (£1.19) is trading below our estimate of fair value (£1.69)
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 (12.9x) compared to the UK REITs industry average (15.3x).
PE vs Market: IHR is good value based on its PE Ratio (12.9x) compared to the UK market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: IHR is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: IHR is overvalued based on its PB Ratio (1.1x) compared to the GB REITs industry average (0.9x).
How is Impact Healthcare REIT forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IHR's forecast earnings growth (16.4% per year) is above the savings rate (0.9%).
Earnings vs Market: IHR's earnings (16.4% per year) are forecast to grow faster than the UK market (13.5% per year).
High Growth Earnings: IHR's earnings are forecast to grow, but not significantly.
Revenue vs Market: IHR's revenue (10.3% per year) is forecast to grow faster than the UK market (5.4% per year).
High Growth Revenue: IHR's revenue (10.3% 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 (6.9%).
How has Impact Healthcare REIT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IHR has a large one-off gain of £12.8M impacting its June 30 2021 financial results.
Growing Profit Margin: IHR's current net profit margins (95.4%) are higher than last year (94.4%).
Past Earnings Growth Analysis
Earnings Trend: IHR's earnings have grown significantly by 29.2% per year over the past 5 years.
Accelerating Growth: IHR's earnings growth over the past year (21.9%) is below its 5-year average (29.2% per year).
Earnings vs Industry: IHR earnings growth over the past year (21.9%) underperformed the REITs industry 46.5%.
Return on Equity
High ROE: IHR's Return on Equity (8.3%) is considered low.
How is Impact Healthcare REIT's financial position?
Financial Position Analysis
Short Term Liabilities: IHR's short term assets (£19.6M) exceed its short term liabilities (£4.1M).
Long Term Liabilities: IHR's short term assets (£19.6M) do not cover its long term liabilities (£62.6M).
Debt to Equity History and Analysis
Debt Level: IHR's debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IHR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IHR's debt is well covered by operating cash flow (38.8%).
Interest Coverage: IHR's interest payments on its debt are well covered by EBIT (10.7x coverage).
What is Impact Healthcare REIT current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IHR's dividend (5.4%) is higher than the bottom 25% of dividend payers in the UK market (1.36%).
High Dividend: IHR's dividend (5.4%) is in the top 25% of dividend payers in the UK market (3.95%)
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 4 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (88.8%), IHR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IHR's dividends in 3 years are forecast to be covered by earnings (77.1% 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.
Experienced Board: IHR's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IHR 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 9.9%.
Impact Healthcare REIT PLC's 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£415.864m
- Shares outstanding: 350.64m
- Website: https://www.impactreit.uk
- Impact Healthcare REIT PLC
- 9 Berkeley Street
- 7th Floor
- Greater London
- W1J 8DW
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 21:44|
|End of Day Share Price||2021/09/23 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.