St. Modwen Properties PLC invests in, develops, operates, and manages residential and commercial properties in the United Kingdom.
Imperfect balance sheet and overvalued.
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's share price has been volatile over the past 3 months.
7 Day Return
GB Real Estate
1 Year Return
GB Real Estate
Return vs Industry: SMP underperformed the UK Real Estate industry which returned -18.6% over the past year.
Return vs Market: SMP underperformed the UK Market which returned -12.7% over the past year.
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
5 hours ago | Simply Wall StIs It Time To Consider Buying St. Modwen Properties PLC (LON:SMP)?
3 weeks ago | Simply Wall StWe Wouldn't Rely On St. Modwen Properties's (LON:SMP) Statutory Earnings As A Guide
1 month ago | Simply Wall StEstimating The Intrinsic Value Of St. Modwen Properties PLC (LON:SMP)
Is St. Modwen Properties undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SMP (£3.1) is trading above our estimate of fair value (£2.78)
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 is good value based on its PB Ratio (0.7x) compared to the GB Real Estate industry average (1x).
How is St. Modwen Properties forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMP is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SMP is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SMP is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SMP's revenue is expected to decline over the next 3 years (-68.8% per year).
High Growth Revenue: SMP's revenue is forecast to decline over the next 3 years (-68.8% 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
How has St. Modwen Properties performed over the past 5 years?
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 (-5.6%).
Return on Equity
High ROE: SMP has a negative Return on Equity (-11.46%), as it is currently unprofitable.
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.
What is St. Modwen Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SMP's dividend (0.71%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.89%).
High Dividend: SMP's dividend (0.71%) is low compared to the top 25% of dividend payers in the UK market (5.47%).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Hudson (46 yo)
Mr. Robert J. Hudson, also known as Rob, has been an Interim Chief Executive Officer at St. Modwen Properties Plc since April 2020 and serves as Chief Financial Officer. He served Chief Finance and Operati ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD1.48M) is about average for companies of similar size in the UK market ($USD1.18M).
Compensation vs Earnings: Rob's compensation has increased whilst the company is unprofitable.
|Interim CEO||0.33yr||UK£1.13m||0.095% |
|General Counsel & Company Secretary||2.75yrs||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||3.58yrs||no data||no data|
|Managing Director of St. Modwen Homes||4.75yrs||no data||no data|
|Head of Internal Audit||3.67yrs||no data||no data|
|Head of Leasing||2.25yrs||no data||no data|
|Head of Major Projects of Midlands & North||1.92yrs||no data||no data|
|Head of Commercial of Midlands & North||1.92yrs||no data||no data|
|Head of External Communications & Stakeholder Relations||no data||no data||no data|
|Group Financial Controller & Treasurer||no data||no data||no data|
Experienced Management: SMP's management team is considered experienced (2.5 years average tenure).
|Interim CEO||0.33yr||UK£1.13m||0.095% |
|Independent Non-Executive Chairman||1.42yrs||UK£170.00k||0.0085% |
|Independent Non-Executive Director||0.92yr||UK£10.00k||0.0092% |
|Non-Independent Non-Executive Director||15.83yrs||UK£47.00k||1.22% |
|Independent Non-Executive Director||3.17yrs||UK£56.00k||0.0047% |
|Senior Independent Director||2.42yrs||UK£65.00k||0.016% |
|Independent Non-Executive Director||2.42yrs||UK£47.00k||0.0056% |
Experienced Board: SMP's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SMP 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.
St. Modwen Properties PLC's company bio, employee growth, exchange listings and data sources
- Name: St. Modwen Properties PLC
- Ticker: SMP
- Exchange: LSE
- Founded: 1986
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: UK£689.038m
- Shares outstanding: 222.27m
- Website: https://www.stmodwen.co.uk
Number of Employees
- St. Modwen Properties PLC
- Park Point
- 17 High Street
- West Midlands
- B31 2UQ
- United Kingdom
|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|
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||2020/08/03 21:41|
|End of Day Share Price||2020/08/03 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.