The Company, a real estate investment trust ("REIT ") incorporated in England and Wales, is listed on the premium listing segment of the Official List of the UK Listing Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in February 2017.
Good value with mediocre balance sheet.
Share Price & News
How has LXI REIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LXI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LXI exceeded the UK REITs industry which returned -16.1% over the past year.
Return vs Market: LXI exceeded the UK Market which returned -15.4% over the past year.
Price Volatility Vs. Market
How volatile is LXI REIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
11 months ago | Simply Wall StWhat You Need To Know Before Investing In LXI REIT plc (LON:LXI)
1 year ago | Simply Wall StWhat Kind Of Shareholder Owns Most LXI REIT plc (LON:LXI) Stock?
1 year ago | Simply Wall StIs LXI REIT plc's (LON:LXI) ROE Of 8.4% Impressive?
Is LXI 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: LXI (£1.13) is trading below our estimate of fair value (£1.45)
Significantly Below Fair Value: LXI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LXI is good value based on its PE Ratio (7.5x) compared to the GB REITs industry average (15.5x).
PE vs Market: LXI is good value based on its PE Ratio (7.5x) compared to the UK market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LXI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LXI is overvalued based on its PB Ratio (0.9x) compared to the GB REITs industry average (0.7x).
How is LXI REIT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as LXI REIT has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether LXI REIT is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- LXI REIT competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has LXI REIT performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: LXI has a large one-off gain of £46.6M impacting its March 31 2020 financial results.
Growing Profit Margin: LXI's current net profit margins are higher than last year .
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if LXI's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare LXI's past year earnings growth to its 5-year average.
Earnings vs Industry: LXI earnings growth over the past year (115.3%) exceeded the REITs industry -9%.
Return on Equity
High ROE: LXI's Return on Equity (11.4%) is considered low.
How is LXI REIT's financial position?
Financial Position Analysis
Short Term Liabilities: LXI's short term assets (£24.0M) exceed its short term liabilities (£16.1M).
Long Term Liabilities: LXI's short term assets (£24.0M) do not cover its long term liabilities (£169.6M).
Debt to Equity History and Analysis
Debt Level: LXI's debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LXI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LXI's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: LXI's interest payments on its debt are well covered by EBIT (6.6x coverage).
What is LXI REIT current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LXI's dividend (4.59%) is higher than the bottom 25% of dividend payers in the UK market (1.96%).
High Dividend: LXI's dividend (4.59%) is low compared to the top 25% of dividend payers in the UK market (5.5%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LXI has been paying a dividend for less than 10 years.
Growing Dividend: LXI's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (96.9%), LXI's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
LXI REIT has no CEO, or we have no data on them.
|Chief Financial Officer of LXi REIT Advisors Limited||2.33yrs||no data||no data|
|Head of Investor Relations of LXi REIT Advisors Limited||2.5yrs||no data||no data|
|General Counsel of LXi REIT Advisors Limited||no data||no data||no data|
|Compliance Officer of LXi REIT Advisors Limited||no data||no data||no data|
|Joint Fund Manager of LXi REIT Advisors Limited||no data||no data||no data|
|Joint Fund Manager of LXi REIT Advisors Limited||no data||no data||no data|
|Director of LXi REIT Advisors Limited||no data||no data||no data|
|Head of Transactions of LXi REIT Advisors Limited||no data||no data||no data|
|Head of Asset Management of LXi REIT Advisors Limited||0.58yr||no data||no data|
Experienced Management: LXI's management team is considered experienced (2.3 years average tenure).
|Senior Independent Director||no data||UK£32.00k||0.043% £252.3k|
|Independent Non-Executive Chairman||3.5yrs||UK£50.00k||0.032% £191.8k|
|Independent Non-Executive Director||3.5yrs||UK£35.00k||0.011% £64.8k|
|Independent Non-Executive Director||3.5yrs||UK£37.00k||0.0046% £27.0k|
|Non-Executive Director||0.50yr||UK£10.00k||0.0017% £9.9k|
Experienced Board: LXI's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LXI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
LXI REIT plc's company bio, employee growth, exchange listings and data sources
- Name: LXI REIT plc
- Ticker: LXI
- Exchange: LSE
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: UK£590.254m
- Shares outstanding: 521.43m
- Website: https://www.lxireit.com
- LXI REIT plc
- Mermaid House
- 2 Puddle Dock
- East Lothian
- EC4V 3DB
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LXI||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Feb 2017|
|LXIL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Feb 2017|
|LXIL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Feb 2017|
The Company, a real estate investment trust ("REIT ") incorporated in England and Wales, is listed on the premium listing segment of the Official List of the UK Listing Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in February 2017. The Company is a constituent of the FTSE EPRA/NAREIT and MSCI indices.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/11 20:59|
|End of Day Share Price||2020/07/10 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.