Shaftesbury
Market Cap
UK£2.4b
Last Updated
2021/04/09 18:48 UTC
Data Sources
Company Financials +
Executive Summary
Shaftesbury is a Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Shaftesbury's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SHB is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SHB's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-3.5%
SHB
2.6%
GB REITs
2.7%
GB Market
1 Year Return
-8.4%
SHB
-12.0%
GB REITs
24.4%
GB Market
Return vs Industry: SHB exceeded the UK REITs industry which returned -12% over the past year.
Return vs Market: SHB underperformed the UK Market which returned 24.4% over the past year.
Shareholder returns
| SHB | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.5% | 2.6% | 2.7% |
| 30 Day | 1.3% | 5.2% | 3.9% |
| 90 Day | 15.2% | 6.4% | 2.4% |
| 1 Year | -8.4%-8.4% | 13.4%-12.0% | 30.3%24.4% |
| 3 Year | -33.5%-36.0% | 1.4%0.9% | 15.2%1.5% |
| 5 Year | -25.2%-30.3% | 10.1%4.3% | 42.8%15.7% |
Long-Term Price Volatility Vs. Market
How volatile is Shaftesbury's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Shaftesbury's (LON:SHB) Stock Price Has Reduced 45% In The Past Three Years3 months ago | Simply Wall St
Shaftesbury PLC (LON:SHB) Analysts Are Cutting Their Estimates: Here's What You Need To Know3 months ago | Simply Wall St
Analysts Just Made A Major Revision To Their Shaftesbury PLC (LON:SHB) Revenue ForecastsValuation
Is Shaftesbury undervalued compared to its fair value and its price relative to the market?
20.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHB (£6.28) is trading below our estimate of fair value (£7.9)
Significantly Below Fair Value: SHB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SHB is unprofitable, so we can't compare its PE Ratio to the GB REITs industry average.
PE vs Market: SHB 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 SHB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SHB's PB Ratio (0.8x) is in line with the GB REITs industry average.
Future Growth
How is Shaftesbury forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
108.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).
Earnings vs Market: SHB is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SHB's is expected to become profitable in the next 3 years.
Revenue vs Market: SHB's revenue (3.2% per year) is forecast to grow slower than the UK market (6.4% per year).
High Growth Revenue: SHB's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SHB's Return on Equity is forecast to be low in 3 years time (2.5%).
Past Performance
How has Shaftesbury performed over the past 5 years?
-59.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHB is currently unprofitable.
Growing Profit Margin: SHB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SHB is unprofitable, and losses have increased over the past 5 years at a rate of 59.8% per year.
Accelerating Growth: Unable to compare SHB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SHB is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (6.7%).
Return on Equity
High ROE: SHB has a negative Return on Equity (-30.67%), as it is currently unprofitable.
Financial Health
How is Shaftesbury's financial position?
Financial Position Analysis
Short Term Liabilities: SHB's short term assets (£117.8M) exceed its short term liabilities (£19.7M).
Long Term Liabilities: SHB's short term assets (£117.8M) do not cover its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: SHB's debt to equity ratio (46.1%) is considered high.
Reducing Debt: SHB's debt to equity ratio has increased from 31% to 46.1% over the past 5 years.
Debt Coverage: SHB's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: SHB is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Shaftesbury current dividend yield, its reliability and sustainability?
1.39%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SHB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SHB'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 SHB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SHB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SHB is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SHB's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Brian Bickell (66 yo)
9.5yrs
Tenure
UK£616,000
Compensation
Mr. Brian Bickell, FCA serves as Director at Shaftesbury Chinatown PLC. He is Director of Shaftesbury Carnaby PLC. He has been the Chief Executive Officer of Shaftesbury Plc since October 01, 2011 and its ...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD845.33K) is below average for companies of similar size in the UK market ($USD1.78M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SHB's management team is considered experienced (3.2 years average tenure).
Board Members
Experienced Board: SHB's board of directors are considered experienced (8.5 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25%.
Top Shareholders
Company Information
Shaftesbury PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shaftesbury PLC
- Ticker: SHB
- Exchange: LSE
- Founded: 1986
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: UK£2.409b
- Shares outstanding: 383.65m
- Website: https://www.shaftesbury.co.uk
Number of Employees
Location
- Shaftesbury PLC
- 22 Ganton Street
- Carnaby
- London
- East Lothian
- W1F 7FD
- United Kingdom
Listings
Biography
Shaftesbury is a Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End. Focused on food, beverage, retail and leisure, our portfolio is clustered mainly in Carn...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/09 18:48 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.