St. Modwen Properties
Market Cap
UK£804.1m
Last Updated
2020/11/25 21:41 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
Snowflake Analysis
Moderate growth potential with imperfect balance sheet.
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
-6.1%
SMP
-1.8%
GB Real Estate
0.0002%
GB Market
1 Year Return
-22.3%
SMP
-10.7%
GB Real Estate
-10.0%
GB Market
Return vs Industry: SMP underperformed the UK Real Estate industry which returned -9.1% over the past year.
Return vs Market: SMP underperformed the UK Market which returned -9.1% over the past year.
Shareholder returns
| SMP | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.1% | -1.8% | 0.0002% |
| 30 Day | 3.1% | 12.8% | 10.0% |
| 90 Day | 13.0% | 11.3% | 7.0% |
| 1 Year | -22.1%-22.3% | -9.2%-10.7% | -6.4%-10.0% |
| 3 Year | -3.3%-7.3% | -3.4%-11.0% | 1.3%-11.1% |
| 5 Year | -6.4%-13.5% | 14.2%-2.4% | 25.7%-2.9% |
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 weeks ago | Simply Wall St
Is There Now An Opportunity In St. Modwen Properties PLC (LON:SMP)?1 month ago | Simply Wall St
What Kind Of Shareholders Own St. Modwen Properties PLC (LON:SMP)?1 month ago | Simply Wall St
Calculating The Intrinsic Value Of St. Modwen Properties PLC (LON:SMP)Valuation
Is St. Modwen Properties undervalued compared to its fair value and its price relative to the market?
0.85x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SMP (£3.62) is trading above our estimate of fair value (£1.68)
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 GB 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's PB Ratio (0.9x) is in line with the GB Real Estate industry average.
Next Steps
Future Growth
How is St. Modwen Properties forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
118.4%
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 (1.2%).
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 is expected to decline over the next 3 years (-33.5% per year).
High Growth Revenue: SMP's revenue is forecast to decline over the next 3 years (-33.5% 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
Next Steps
Past Performance
How has St. Modwen Properties performed over the past 5 years?
-46.2%
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 46.2% 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 (-10.5%).
Return on Equity
High ROE: SMP has a negative Return on Equity (-11.46%), as it is currently unprofitable.
Next Steps
Financial Health
How is St. Modwen Properties's financial position?
Financial Position Analysis
Short Term Liabilities: SMP's short term assets (£690.9M) exceed its short term liabilities (£140.5M).
Long Term Liabilities: SMP's short term assets (£690.9M) exceed its long term liabilities (£578.2M).
Debt to Equity History and Analysis
Debt Level: SMP's debt to equity ratio (58.3%) is considered high.
Reducing Debt: SMP's debt to equity ratio has increased from 40.9% to 58.3% over the past 5 years.
Debt Coverage: SMP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SMP is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is St. Modwen Properties's current dividend yield, its reliability and sustainability?
0.61%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SMP's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.71%).
High Dividend: SMP's dividend (0.61%) is low compared to the top 25% of dividend payers in the UK market (4.9%).
Stability and Growth of Payments
Stable Dividend: SMP is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: SMP is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SMP is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SMP'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?
3.4yrs
Average management tenure
CEO
Sarwjit Sambhi
no data
Tenure
Mr. Sarwjit Sambhi serves as Chief Executive Officer of St. Modwen Properties Plc since November 02, 2020. He has been Managing Director of Centrica Energy Upstream at Centrica Energy Limited since July 1,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Finance and Operations Officer & Executive Director | 5.17yrs | UK£1.13m | 0.095% £ 760.1k | |
| Chief Executive Officer | no data | no data | no data | |
| General Counsel & Company Secretary | 3yrs | no data | no data | |
| Interim Head of Corporate Communications | no data | no data | no data | |
| Managing Director of Strategy & Corporate Development | no data | no data | no data | |
| Group HR Director | 3.83yrs | no data | no data | |
| Managing Director of St. Modwen Homes | 5yrs | no data | no data | |
| Head of Internal Audit | 3.92yrs | no data | no data | |
| Head of Leasing | 2.5yrs | no data | no data | |
| Head of Major Projects of Midlands & North | 2.17yrs | no data | no data | |
| Head of Commercial of Midlands & North | 2.17yrs | no data | no data | |
| Head of External Communications & Stakeholder Relations | no data | no data | no data |
3.4yrs
Average Tenure
Experienced Management: SMP's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Finance and Operations Officer & Executive Director | 5.17yrs | UK£1.13m | 0.095% £ 760.1k | |
| Independent Non-Executive Chairman | 1.67yrs | UK£170.00k | 0.0085% £ 68.2k | |
| Independent Non-Executive Director | 1.17yrs | UK£10.00k | 0.0092% £ 73.9k | |
| Non-Independent Non-Executive Director | 16.08yrs | UK£47.00k | 1.22% £ 9.8m | |
| Independent Non-Executive Director | 3.42yrs | UK£56.00k | 0.0047% £ 37.5k | |
| Senior Independent Director | 2.67yrs | UK£65.00k | 0.019% £ 153.7k | |
| Independent Non-Executive Director | 2.67yrs | UK£47.00k | 0.0056% £ 45.4k |
2.7yrs
Average Tenure
57yo
Average Age
Experienced Board: SMP's board of directors are not considered experienced ( 2.7 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: 1986
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: UK£804.130m
- Shares outstanding: 222.44m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SMP | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| SMPL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| STMW.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
Biography
St. Modwen Properties PLC invests in, develops, operates, and manages residential and commercial properties in the United Kingdom. It operates through Industrial & Logistics; St. Modwen Homes; and Strategi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/25 21:41 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/05/31 |
| Annual Earnings | 2019/11/30 |
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.