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LXI REIT

LSE:LXI
Snowflake Description

Slightly overvalued with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LXI
LSE
£653M
Market Cap
  1. Home
  2. GB
  3. Real Estate
Company description

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 Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in February 2017. The last earnings update was 30 days ago. More info.


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LXI Share Price and Events
7 Day Returns
-1.9%
LSE:LXI
0.2%
GB REITs
0.4%
GB Market
1 Year Returns
15.4%
LSE:LXI
-7.8%
GB REITs
-2.2%
GB Market
LXI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LXI REIT (LXI) -1.9% -0.5% 0.6% 15.4% - -
GB REITs 0.2% -2% -2.7% -7.8% -8.4% 7.5%
GB Market 0.4% 1.3% 2% -2.2% 16.2% 5.1%
1 Year Return vs Industry and Market
  • LXI outperformed the REITs industry which returned -7.8% over the past year.
  • LXI outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -2.2% over the past year.
Price Volatility
LXI
Industry
5yr Volatility vs Market

LXI Value

 Is LXI REIT undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of LXI REIT to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for LXI REIT.

LSE:LXI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:LXI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
REITs Unlevered Beta Simply Wall St/ S&P Global 0.49
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.494 (1 + (1- 19%) (25.63%))
0.73
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.8 * 6.65%)
6.55%

Discounted Cash Flow Calculation for LSE:LXI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for LXI REIT is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:LXI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 6.55%)
2019 19.98 Est @ 2.22% 18.75
2020 20.37 Est @ 1.92% 17.94
2021 20.71 Est @ 1.71% 17.13
2022 21.04 Est @ 1.57% 16.33
2023 21.35 Est @ 1.47% 15.55
2024 21.65 Est @ 1.39% 14.79
2025 21.94 Est @ 1.34% 14.07
2026 22.22 Est @ 1.31% 13.38
2027 22.51 Est @ 1.28% 12.72
2028 22.79 Est @ 1.27% 12.09
Present value of next 10 years cash flows £152.75
LSE:LXI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £22.79 × (1 + 1.23%) ÷ (6.55% – 1.23%)
£433.71
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £433.71 ÷ (1 + 6.55%)10
£230.03
LSE:LXI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £152.75 + £230.03
£382.78
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £382.78 / 521.43
£0.73
LSE:LXI Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.73
Current discount Discount to share price of £1.25
= -1 x (£1.25 - £0.73) / £0.73
-70.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of LXI REIT is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for LXI REIT's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LXI REIT's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:LXI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in GBP £0.13
LSE:LXI Share Price ** LSE (2019-06-19) in GBP £1.25
United Kingdom of Great Britain and Northern Ireland REITs Industry PE Ratio Median Figure of 43 Publicly-Listed REITs Companies 12.76x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.2x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of LXI REIT.

LSE:LXI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:LXI Share Price ÷ EPS (both in GBP)

= 1.25 ÷ 0.13

9.82x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LXI REIT is good value based on earnings compared to the GB REITs industry average.
  • LXI REIT is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does LXI REIT's expected growth come at a high price?
Raw Data
LSE:LXI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.82x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
2.6%per year
United Kingdom of Great Britain and Northern Ireland REITs Industry PEG Ratio Median Figure of 23 Publicly-Listed REITs Companies 0.86x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 576 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for LXI REIT, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on LXI REIT's assets?
Raw Data
LSE:LXI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in GBP £1.15
LSE:LXI Share Price * LSE (2019-06-19) in GBP £1.25
United Kingdom of Great Britain and Northern Ireland REITs Industry PB Ratio Median Figure of 54 Publicly-Listed REITs Companies 0.9x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,371 Publicly-Listed Companies 1.51x
LSE:LXI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:LXI Share Price ÷ Book Value per Share (both in GBP)

= 1.25 ÷ 1.15

1.09x

* Primary Listing of LXI REIT.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LXI REIT is overvalued based on assets compared to the GB REITs industry average.
X
Value checks
We assess LXI REIT's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. LXI REIT has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LXI Future Performance

 How is LXI REIT expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover LXI REIT, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LXI REIT expected to grow at an attractive rate?
  • LXI REIT's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • LXI REIT's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Unable to compare LXI REIT's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
LSE:LXI Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:LXI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 2.6%
United Kingdom of Great Britain and Northern Ireland REITs Industry Earnings Growth Rate Market Cap Weighted Average 16.3%
United Kingdom of Great Britain and Northern Ireland REITs Industry Revenue Growth Rate Market Cap Weighted Average 2.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.7%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:LXI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:LXI Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
LSE:LXI Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-03-31 22 20 34
2018-03-31 7 2 17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • LXI REIT's earnings are expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if LXI REIT is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:LXI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from LXI REIT Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:LXI Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
LSE:LXI Past Financials Data
Date (Data in GBP Millions) EPS *
2019-03-31 0.13
2018-03-31 0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if LXI REIT will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess LXI REIT's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
LXI REIT has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LXI Past Performance

  How has LXI REIT performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare LXI REIT's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Unable to establish if LXI REIT's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
  • Unable to compare LXI REIT's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.
  • LXI REIT's earnings growth has exceeded the GB REITs industry average in the past year (103.4% vs 6.9%).
Earnings and Revenue History
LXI REIT's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from LXI REIT Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:LXI Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 21.57 34.12 3.53
2018-03-31 7.47 16.77 1.93

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • LXI REIT has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • LXI REIT used its assets more efficiently than the GB REITs industry average last year based on Return on Assets.
  • Unable to establish if LXI REIT improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess LXI REIT's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
LXI REIT has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LXI Health

 How is LXI REIT's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up LXI REIT's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LXI REIT is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • LXI REIT's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of LXI REIT's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from LXI REIT Company Filings, last reported 2 months ago.

LSE:LXI Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 403.75 167.31 19.41
2018-03-31 211.98 93.52 30.79
  • LXI REIT's level of debt (41.4%) compared to net worth is high (greater than 40%).
  • Unable to establish if LXI REIT's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (11.7%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.7x coverage).
X
Financial health checks
We assess LXI REIT's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. LXI REIT has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LXI Dividends

 What is LXI REIT's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.39%
Current annual income from LXI REIT dividends.
If you bought £2,000 of LXI REIT shares you are expected to receive £88 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • LXI REIT's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).
  • LXI REIT's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.43%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:LXI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland REITs Industry Average Dividend Yield Market Cap Weighted Average of 49 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:LXI Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
LSE:LXI Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-05-20 0.055 4.364
2018-05-21 0.040 3.405
2018-02-16 0.040 3.893
2017-11-23 0.040 3.841

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, LXI REIT has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but LXI REIT only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of LXI REIT's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess LXI REIT's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can LXI REIT afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LXI REIT has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LXI Management

 What is the CEO of LXI REIT's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • LXI REIT has no CEO, or we have no data on them.
Management Team

Freddie Brooks

TITLE
Head of Finance
TENURE
1.3 yrs

Alex Mattey

TITLE
Head of Investor Relations of LXi REIT Advisors Limited
TENURE
1.4 yrs

Sophie Rowney

TITLE
General Counsel of LXi REIT Advisors Limited

Nick Barker

TITLE
Compliance Officer of LXi REIT Advisors Limited

John White

TITLE
Joint Fund Manager of LXi REIT Advisors Limited

Simon Lee

TITLE
Joint Fund Manager of LXi REIT Advisors Limited

Jamie Beale

TITLE
Director of LXi REIT Advisors Limited

Charlotte Fletcher

TITLE
Head of Transactions of LXi REIT Advisors Limited
Board of Directors Tenure

Average tenure of the LXI REIT board of directors in years:

2.4
Average Tenure
  • The average tenure for the LXI REIT board of directors is less than 3 years, this suggests a new board.
Board of Directors

Stephen Hubbard

TITLE
Non-Executive Chairman
COMPENSATION
£41K
TENURE
2.4 yrs

John Cartwright

TITLE
Non Executive Director
COMPENSATION
£33K
TENURE
2.4 yrs

Jan Etherden

TITLE
Non-Executive Director
COMPENSATION
£31K
AGE
58
TENURE
2.4 yrs

Colin Smith

TITLE
Senior Independent Director
COMPENSATION
£28K
AGE
70
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by LXI REIT insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
29. Mar 19 Buy John Cartwright Individual 28. Mar 19 28. Mar 19 3,903 £1.26 £4,898
29. Mar 19 Buy Jeannette Etherden Individual 28. Mar 19 28. Mar 19 2,882 £1.26 £3,617
29. Mar 19 Buy Stephen Hubbard Individual 28. Mar 19 28. Mar 19 4,404 £1.26 £5,527
29. Mar 19 Buy Colin Smith Individual 28. Mar 19 28. Mar 19 3,028 £1.26 £3,800
20. Dec 18 Buy John Cartwright Individual 20. Dec 18 20. Dec 18 4,190 £1.20 £5,007
20. Dec 18 Buy Jeannette Etherden Individual 20. Dec 18 20. Dec 18 3,094 £1.20 £3,697
20. Dec 18 Buy Stephen Hubbard Individual 20. Dec 18 20. Dec 18 4,727 £1.20 £5,649
20. Dec 18 Buy Colin Smith Individual 20. Dec 18 20. Dec 18 3,250 £1.20 £3,884
16. Oct 18 Buy Stephen Hubbard Individual 16. Oct 18 16. Oct 18 30,000 £1.13 £33,825
28. Sep 18 Buy John Cartwright Individual 28. Sep 18 28. Sep 18 4,373 £1.15 £5,007
28. Sep 18 Buy Jeannette Etherden Individual 28. Sep 18 28. Sep 18 3,309 £1.15 £3,789
28. Sep 18 Buy Stephen Hubbard Individual 28. Sep 18 28. Sep 18 4,934 £1.15 £5,649
28. Sep 18 Buy Colin Smith Individual 28. Sep 18 28. Sep 18 3,392 £1.15 £3,884
29. Jun 18 Buy John Cartwright Individual 28. Jun 18 28. Jun 18 4,462 £1.11 £4,953
29. Jun 18 Buy Jeannette Etherden Individual 28. Jun 18 28. Jun 18 4,119 £1.11 £4,572
29. Jun 18 Buy Stephen Hubbard Individual 28. Jun 18 28. Jun 18 5,034 £1.11 £5,588
29. Jun 18 Buy Colin Smith Individual 28. Jun 18 28. Jun 18 3,461 £1.11 £3,842
X
Management checks
We assess LXI REIT's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. LXI REIT has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LXI News

Simply Wall St News

Here's Why I Think LXI REIT (LON:LXI) Is An Interesting Stock

See our latest analysis for LXI REIT How Fast Is LXI REIT Growing Its Earnings Per Share? … The good news is that LXI REIT is growing revenues, and EBIT margins improved by 9.5 percentage points to 84%, over the last year. … The good news is that LXI REIT is not the only growth stock with insider buying.

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Should You Invest In LXI REIT plc (LON:LXI)?

LXI REIT plc is a UK£425m. … real estate investment trust (REIT) based in London, United Kingdom. … This term is very common in the REIT investing world as it provides a cleaner look at its cash flow from daily operations by excluding impact of one-off activities or non-cash items such as depreciation.

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Is LXI REIT plc's (LON:LXI) ROE Of 7.9% Impressive?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Another way to think of that is that for every £1 worth of equity in the company, it was able to earn £0.079. … Return on Equity = Net Profit ÷ Shareholders' Equity

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LXI REIT plc (LON:LXI): Can It Deliver A Superior ROE To The Industry?

and want to better understand how you can grow your money by investing in LXI REIT plc (LON:LXI). … LXI REIT plc (LON:LXI) delivered an ROE of 7.91% over the past 12 months, which is relatively in-line with its industry average of 9.35% during the same period. … Metrics such as financial leverage can impact the level of ROE which in turn can affect the sustainability of LXI's returns

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LXI REIT plc (LON:LXI): Is Real Estate Attractive Relative To LSE Peers?

LXI REIT plc (LSE:LXI), a GBP£205.25M small-cap, operates in the real estate industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. … Real estate analysts are forecasting for the entire industry, negative growth in the upcoming year , and an overall negative growth rate in the next couple of years. … Today, I will analyse the industry outlook, and also determine whether LXI REIT is a laggard or leader relative to its real estate sector peers.

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LXI Company Info

Description

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 Financial Conduct 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 index.

Details
Name: LXI REIT plc
LXI
Exchange: LSE
Founded:
£652,825,364
521,426,010
Website: http://www.lxireit.com
Address: LXI REIT plc
Mermaid House,
2 Puddle Dock,
London,
East Lothian, EC4V 3DB,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE LXI Ordinary Shares London Stock Exchange GB GBP 27. Feb 2017
Number of employees
Current staff
Staff numbers
0
LXI REIT employees.
Industry
Diversified REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 22:30
End of day share price update: 2019/06/19 00:00
Last estimates confirmation: 2018/05/21
Last earnings filing: 2019/05/20
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.