NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing essential retail and leisure assets throughout the UK. More Details
Fair value with moderate growth potential.
Share Price & News
How has NewRiver REIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NRR is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: NRR's weekly volatility (9%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: NRR underperformed the UK REITs industry which returned -16.7% over the past year.
Return vs Market: NRR underperformed the UK Market which returned -11% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NewRiver REIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StNewRiver REIT (LON:NRR) Share Prices Have Dropped 82% In The Last Three Years
5 months ago | Simply Wall StDid NewRiver REIT plc (LON:NRR) Insiders Sell Shares?
7 months ago | Simply Wall StImagine Owning NewRiver REIT (LON:NRR) And Trying To Stomach The 84% Share Price Drop
Is NewRiver 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: NRR (£0.75) is trading below our estimate of fair value (£1.39)
Significantly Below Fair Value: NRR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NRR is unprofitable, so we can't compare its PE Ratio to the GB REITs industry average.
PE vs Market: NRR 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 NRR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NRR is good value based on its PB Ratio (0.4x) compared to the GB REITs industry average (0.8x).
How is NewRiver 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: NRR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: NRR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NRR's is expected to become profitable in the next 3 years.
Revenue vs Market: NRR's revenue (2.1% per year) is forecast to grow slower than the UK market (6.8% per year).
High Growth Revenue: NRR's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NRR's Return on Equity is forecast to be high in 3 years time
How has NewRiver REIT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NRR is currently unprofitable.
Growing Profit Margin: NRR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NRR is unprofitable, and losses have increased over the past 5 years at a rate of 71.1% per year.
Accelerating Growth: Unable to compare NRR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NRR is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-20.8%).
Return on Equity
High ROE: NRR has a negative Return on Equity (-37.07%), as it is currently unprofitable.
How is NewRiver REIT's financial position?
Financial Position Analysis
Short Term Liabilities: NRR's short term assets (£166.1M) exceed its short term liabilities (£57.7M).
Long Term Liabilities: NRR's short term assets (£166.1M) do not cover its long term liabilities (£720.1M).
Debt to Equity History and Analysis
Debt Level: NRR's debt to equity ratio (121.4%) is considered high.
Reducing Debt: NRR's debt to equity ratio has increased from 59.2% to 121.4% over the past 5 years.
Debt Coverage: NRR's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: NRR is unprofitable, therefore interest payments are not well covered by earnings.
What is NewRiver REIT current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NRR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NRR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NRR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NRR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NRR is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NRR's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Allan Lockhart (55 yo)
Mr. Allan Lockhart serves as the Chief Executive Officer of NewRiver REIT plc since May 1, 2018 and serves as its Director since November 19, 2010. Mr. Lockhart Founded NewRiver REIT plc in 2009. He served...
CEO Compensation Analysis
Compensation vs Market: Allan's total compensation ($USD724.07K) is about average for companies of similar size in the UK market ($USD887.49K).
Compensation vs Earnings: Allan's compensation has been consistent with company performance over the past year.
|CFO & Director||10yrs||UK£471.13k||0.090% |
|Head of Investor Relations||1.08yrs||no data||no data|
|Director of Corporate Communications||1.5yrs||no data||no data|
|Head of Human Resources & COO of Hawthorn Leisure||2.08yrs||no data||no data|
|Head of Capital Markets||no data||no data||no data|
|Head of Third Party Asset Management||0.25yr||no data||no data|
|Head of Asset Management & Head of ESG||no data||no data||no data|
|Head of Commercial Design||2.75yrs||no data||no data|
|Head of Commercial Partnerships||1.83yrs||no data||no data|
|Head of FP&A||0.67yr||no data||no data|
|Company Secretary||no data||no data||no data|
Experienced Management: NRR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|CFO & Director||10yrs||UK£471.13k||0.090% |
|Senior Independent Non-Executive Director||no data||UK£65.00k||0.012% |
|Independent Non-Executive Director||1.75yrs||UK£50.00k||no data|
|Independent Non-Executive Director||8.67yrs||UK£57.50k||0.013% |
|Independent Non-Executive Chairman||2.08yrs||UK£160.00k||0.017% |
|Independent Non-Executive Director||0.17yr||no data||no data|
Experienced Board: NRR's board of directors are considered experienced (5.4 years average tenure).
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 not been meaningfully diluted in the past year.
NewRiver REIT plc's company bio, employee growth, exchange listings and data sources
- Name: NewRiver REIT plc
- Ticker: NRR
- Exchange: LSE
- Founded: 2009
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: UK£230.934m
- Shares outstanding: 306.28m
- Website: https://www.nrr.co.uk
Number of Employees
- NewRiver REIT plc
- Level 1 Prince Frederick House
- 16 New Burlington Place
- East Lothian
- W1S 2HX
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NRR||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Sep 2009|
|NRRL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Sep 2009|
|NRWR.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Sep 2009|
NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing essential retail and leisure assets throughout the UK. Our £1.2 billion portfolio co...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 20:28|
|End of Day Share Price||2020/11/27 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.