St. Modwen Properties
Market Cap
UK£1.2b
Last Updated
2021/08/03 21:05 UTC
Data Sources
Company Financials +
Executive Summary
St. Modwen Properties PLC invests in, develops, operates, and manages residential and commercial properties in the United Kingdom. More Details
Rewards
Risk Analysis
No risks detected for SMP from our risk checks.
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has St. Modwen Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SMP's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
0%
SMP
2.2%
GB Real Estate
1.6%
GB Market
1 Year Return
78.8%
SMP
36.3%
GB Real Estate
21.5%
GB Market
Return vs Industry: SMP exceeded the UK Real Estate industry which returned 36% over the past year.
Return vs Market: SMP exceeded the UK Market which returned 25.9% over the past year.
Shareholder returns
| SMP | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 2.2% | 1.6% |
| 30 Day | 0.4% | 1.7% | 0.2% |
| 90 Day | 28.6% | 3.2% | 1.9% |
| 1 Year | 81.2%78.8% | 39.3%36.3% | 26.8%21.5% |
| 3 Year | 50.8%44.8% | 22.4%12.5% | 13.9%1.4% |
| 5 Year | 116.0%100.1% | 59.0%35.4% | 39.7%14.7% |
Long-Term Price Volatility Vs. Market
How volatile is St. Modwen Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Investors In St. Modwen Properties PLC (LON:SMP) Should Consider This, First4 months ago | Simply Wall St
Are Institutions Heavily Invested In St. Modwen Properties PLC's (LON:SMP) Shares?4 months ago | Simply Wall St
Don't Race Out To Buy St. Modwen Properties PLC (LON:SMP) Just Because It's Going Ex-DividendValuation
Is St. Modwen Properties undervalued compared to its fair value and its price relative to the market?
1.3x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SMP (£5.58) is trading above our estimate of fair value (£1.42)
Significantly Below Fair Value: SMP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SMP is unprofitable, so we can't compare its PE Ratio to the UK Real Estate industry average.
PE vs Market: SMP 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 SMP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SMP is overvalued based on its PB Ratio (1.3x) compared to the GB Real Estate industry average (1x).
Future Growth
How is St. Modwen Properties forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
76.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: SMP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SMP's is expected to become profitable in the next 3 years.
Revenue vs Market: SMP's revenue (-69.8% per year) is forecast to grow faster than the UK market (-149.2% per year).
High Growth Revenue: SMP's revenue is forecast to decline over the next 3 years (-69.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SMP's Return on Equity is forecast to be high in 3 years time
Past Performance
How has St. Modwen Properties performed over the past 5 years?
-52.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMP is currently unprofitable.
Growing Profit Margin: SMP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SMP is unprofitable, and losses have increased over the past 5 years at a rate of 52.7% per year.
Accelerating Growth: Unable to compare SMP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMP is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (11.4%).
Return on Equity
High ROE: SMP has a negative Return on Equity (-12.66%), as it is currently unprofitable.
Financial Health
How is St. Modwen Properties's financial position?
Financial Position Analysis
Short Term Liabilities: SMP's short term assets (£547.5M) exceed its short term liabilities (£189.6M).
Long Term Liabilities: SMP's short term assets (£547.5M) exceed its long term liabilities (£357.1M).
Debt to Equity History and Analysis
Debt Level: SMP's debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: SMP's debt to equity ratio has reduced from 49.9% to 33.6% over the past 5 years.
Debt Coverage: SMP's debt is well covered by operating cash flow (20.8%).
Interest Coverage: SMP's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
Dividend
What is St. Modwen Properties's current dividend yield, its reliability and sustainability?
0.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SMP's dividend (0.9%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.32%).
High Dividend: SMP's dividend (0.9%) is low compared to the top 25% of dividend payers in the UK market (3.91%).
Stability and Growth of Payments
Stable Dividend: SMP's dividend payments have been volatile in the past 10 years.
Growing Dividend: SMP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: SMP is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: SMP's dividends in 3 years are forecast to be covered by earnings (50% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Sarwjit Sambhi
0.75
Tenure
UK£605,000
Compensation
Mr. Sarwjit Sambhi serves as Chief Executive Officer of St. Modwen Properties Plc since November 02, 2020 and also serves as its Director since April 02, 2021. He has been Managing Director of Centrica Ene...
CEO Compensation Analysis
Compensation vs Market: Sarwjit's total compensation ($USD840.67K) is below average for companies of similar size in the UK market ($USD1.37M).
Compensation vs Earnings: Insufficient data to compare Sarwjit's compensation with company performance.
Leadership Team
Experienced Management: SMP's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: SMP's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
St. Modwen Properties PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: St. Modwen Properties PLC
- Ticker: SMP
- Exchange: LSE
- Founded: 1939
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: UK£1.243b
- Shares outstanding: 222.28m
- Website: https://www.stmodwen.co.uk
Number of Employees
Location
- St. Modwen Properties PLC
- Park Point
- 17 High Street
- Birmingham
- West Midlands
- B31 2UQ
- United Kingdom
Listings
Biography
St. Modwen Properties PLC invests in, develops, operates, and manages residential and commercial properties in the United Kingdom. It operates through St. Modwen Logistics, St. Modwen Homes, and Strategic ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/03 21:05 |
| End of Day Share Price | 2021/08/03 00:00 |
| Earnings | 2020/11/30 |
| Annual Earnings | 2020/11/30 |
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.