Sirius Real Estate Limited, a real estate company, engages in the investment, development, and operation of commercial properties in Germany. More Details
Proven track record with mediocre balance sheet.
Share Price & News
How has Sirius Real Estate's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRE is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SRE's weekly volatility (4%) has been stable over the past year.
7 Day Return
GB Real Estate
1 Year Return
GB Real Estate
Return vs Industry: SRE exceeded the UK Real Estate industry which returned 35.5% over the past year.
Return vs Market: SRE exceeded the UK Market which returned 22.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sirius Real Estate's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StHave Insiders Sold Sirius Real Estate Limited (LON:SRE) Shares Recently?
6 days ago | Simply Wall StHere's Why Sirius Real Estate (LON:SRE) Can Manage Its Debt Responsibly
3 weeks ago | Simply Wall StSirius Real Estate (LON:SRE) Has Gifted Shareholders With A Fantastic 182% Total Return On Their Investment
Is Sirius Real Estate undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SRE (£1.19) is trading above our estimate of fair value (£0.56)
Significantly Below Fair Value: SRE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SRE is good value based on its PE Ratio (9.9x) compared to the UK Real Estate industry average (19.6x).
PE vs Market: SRE is good value based on its PE Ratio (9.9x) compared to the UK market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: SRE is poor value based on its PEG Ratio (11.7x)
Price to Book Ratio
PB vs Industry: SRE is overvalued based on its PB Ratio (1.6x) compared to the GB Real Estate industry average (1x).
How is Sirius Real Estate 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: SRE's forecast earnings growth (0.8% per year) is below the savings rate (0.9%).
Earnings vs Market: SRE's earnings (0.8% per year) are forecast to grow slower than the UK market (14.8% per year).
High Growth Earnings: SRE's earnings are forecast to grow, but not significantly.
Revenue vs Market: SRE's revenue is expected to decline over the next 3 years (-8.3% per year).
High Growth Revenue: SRE's revenue is forecast to decline over the next 3 years (-8.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SRE's Return on Equity is forecast to be low in 3 years time (6.9%).
How has Sirius Real Estate performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRE has a large one-off gain of €99.0M impacting its March 31 2021 financial results.
Growing Profit Margin: SRE's current net profit margins (86.6%) are higher than last year (64.5%).
Past Earnings Growth Analysis
Earnings Trend: SRE's earnings have grown by 14.7% per year over the past 5 years.
Accelerating Growth: SRE's earnings growth over the past year (50.3%) exceeds its 5-year average (14.7% per year).
Earnings vs Industry: SRE earnings growth over the past year (50.3%) exceeded the Real Estate industry 13.6%.
Return on Equity
High ROE: SRE's Return on Equity (15.9%) is considered low.
How is Sirius Real Estate's financial position?
Financial Position Analysis
Short Term Liabilities: SRE's short term assets (€84.5M) exceed its short term liabilities (€68.0M).
Long Term Liabilities: SRE's short term assets (€84.5M) do not cover its long term liabilities (€525.2M).
Debt to Equity History and Analysis
Debt Level: SRE's debt to equity ratio (50.6%) is considered high.
Reducing Debt: SRE's debt to equity ratio has reduced from 76.5% to 50.6% over the past 5 years.
Debt Coverage: SRE's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: SRE's interest payments on its debt are well covered by EBIT (10.7x coverage).
What is Sirius Real Estate current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SRE's dividend (2.79%) is higher than the bottom 25% of dividend payers in the UK market (1.31%).
High Dividend: SRE's dividend (2.79%) is low compared to the top 25% of dividend payers in the UK market (3.94%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SRE has been paying a dividend for less than 10 years.
Growing Dividend: SRE's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.8%), SRE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SRE's dividends in 3 years are forecast to be covered by earnings (60.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrew Coombs (56 yo)
Mr. Andrew James Coombs has been the Chief Executive Officer at Sirius Facilities GmbH since December 2009. He joined the Sirius Facilities group in January 2010. Mr. Coombs has been the Chief Executive Of...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD3.32M) is above average for companies of similar size in the UK market ($USD1.38M).
Compensation vs Earnings: Andrew's compensation has increased by more than 20% in the past year.
Experienced Management: SRE's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: SRE's board of directors are not considered experienced ( 2.8 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: SRE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sirius Real Estate Limited's company bio, employee growth, exchange listings and data sources
- Name: Sirius Real Estate Limited
- Ticker: SRE
- Exchange: LSE
- Founded: 2007
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: UK£1.253b
- Shares outstanding: 1.05b
- Website: https://www.sirius-real-estate.com
Number of Employees
- Sirius Real Estate Limited
- Trafalgar Court
- 2nd Floor
- Saint Peter Port
- GY1 3EL
Sirius Real Estate Limited, a real estate company, engages in the investment, development, and operation of commercial properties in Germany. The company owns and manages offices; warehouses, storerooms, a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 17:52|
|End of Day Share Price||2021/07/30 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.