Schroder Real Estate Investment Trust
Market Cap
UK£202.9m
Last Updated
2021/02/28 19:23 UTC
Data Sources
Company Financials
Executive Summary
Schroder Real Estate Investment Trust Limited (the ‘Company’ and together with its subsidiaries the ‘Group’) is a real estate investment company with a premium listing on the Official List of the UK Listing Authority and whose shares are traded on the Main Market of the London Stock Exchange (ticker: SREI). More Details
Risk Analysis
Snowflake Analysis
Unattractive dividend payer and overvalued.
Similar Companies
Share Price & News
How has Schroder Real Estate Investment Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SREI is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SREI's weekly volatility has decreased from 8% to 3% over the past year.
Market Performance
7 Day Return
2.5%
SREI
0.8%
GB REITs
-2.3%
GB Market
1 Year Return
-15.6%
SREI
-42.5%
GB REITs
1.1%
GB Market
Return vs Industry: SREI exceeded the UK REITs industry which returned -42.5% over the past year.
Return vs Market: SREI underperformed the UK Market which returned 1% over the past year.
Shareholder returns
| SREI | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | 0.8% | -2.3% |
| 30 Day | 3.0% | 2.4% | 1.8% |
| 90 Day | 12.6% | 4.5% | 5.5% |
| 1 Year | -11.9%-15.6% | -8.0%-42.5% | 7.2%1.1% |
| 3 Year | -25.1%-34.5% | 0.4%-0.6% | 9.8%-3.3% |
| 5 Year | -13.5%-30.5% | 7.2%1.7% | 36.9%10.5% |
Long-Term Price Volatility Vs. Market
How volatile is Schroder Real Estate Investment Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
What Type Of Returns Would Schroder Real Estate Investment Trust's(LON:SREI) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?1 month ago | Simply Wall St
What Is The Ownership Structure Like For Schroder Real Estate Investment Trust Limited (LON:SREI)?3 months ago | Simply Wall St
Schroder Real Estate Investment Trust's(LON:SREI) Share Price Is Down 49% Over The Past Three Years.Valuation
Is Schroder Real Estate Investment Trust undervalued compared to its fair value and its price relative to the market?
0.71x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SREI (£0.41) is trading above our estimate of fair value (£0.08)
Significantly Below Fair Value: SREI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SREI is unprofitable, so we can't compare its PE Ratio to the GB REITs industry average.
PE vs Market: SREI 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 SREI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SREI is good value based on its PB Ratio (0.7x) compared to the GB REITs industry average (0.8x).
Next Steps
Future Growth
How is Schroder Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
47.9%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Schroder Real Estate Investment Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of SREI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Schroder Real Estate Investment Trust competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has Schroder Real Estate Investment Trust performed over the past 5 years?
-46.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SREI is currently unprofitable.
Growing Profit Margin: SREI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SREI is unprofitable, and losses have increased over the past 5 years at a rate of 46.6% per year.
Accelerating Growth: Unable to compare SREI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SREI is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-4.2%).
Return on Equity
High ROE: SREI has a negative Return on Equity (-15.45%), as it is currently unprofitable.
Next Steps
Financial Health
How is Schroder Real Estate Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: SREI's short term assets (£97.2M) exceed its short term liabilities (£7.3M).
Long Term Liabilities: SREI's short term assets (£97.2M) do not cover its long term liabilities (£183.8M).
Debt to Equity History and Analysis
Debt Level: SREI's debt to equity ratio (61.1%) is considered high.
Reducing Debt: SREI's debt to equity ratio has increased from 46.8% to 61.1% over the past 5 years.
Debt Coverage: SREI's debt is not well covered by operating cash flow (1%).
Interest Coverage: SREI is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Schroder Real Estate Investment Trust current dividend yield, its reliability and sustainability?
6.10%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SREI's dividend (6.1%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).
High Dividend: SREI's dividend (6.1%) is in the top 25% of dividend payers in the UK market (4.57%)
Stability and Growth of Payments
Stable Dividend: SREI's dividend payments have been volatile in the past 10 years.
Growing Dividend: SREI's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (527.3%), SREI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.08yrs
Average management tenure
CEO
Schroder Real Estate Investment Trust has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Operating Officer | no data | no data | no data | |
| Head of Real Estate Research | no data | no data | no data | |
| Head of UK Investment | no data | no data | no data | |
| Head of Continental European Investment | no data | no data | no data | |
| Head of Real Estate Capital Partners | 1.17yrs | no data | no data | |
| Head of Continental Europe | no data | no data | no data | |
| Head of Switzerland & Nordic Real Estate | no data | no data | no data | |
| Global Head of Real Estate | 0.083yr | no data | no data | |
| Head of Real Estate Debt | 0.083yr | no data | no data |
0.08yrs
Average Tenure
46yo
Average Age
Experienced Management: SREI's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 7.08yrs | UK£50.00k | 0.020% £ 41.0k | |
| Senior Independent Director | no data | UK£35.00k | 0.020% £ 41.0k | |
| Independent Non-Executive Director | 5.83yrs | UK£35.00k | 0.020% £ 41.0k | |
| Independent Non-Executive Director | 5.42yrs | UK£30.00k | no data |
5.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: SREI's board of directors are considered experienced (5.8 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Schroder Real Estate Investment Trust Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Schroder Real Estate Investment Trust Limited
- Ticker: SREI
- Exchange: LSE
- Founded: 2004
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: UK£202.916m
- Shares outstanding: 494.92m
- Website: https://www.srei.co.uk
Location
- Schroder Real Estate Investment Trust Limited
- Trafalgar Court
- Les Banques
- St Peter Port
- GY1 3QL
- Guernsey
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SREI | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jul 2004 |
| SREIL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jul 2004 |
Biography
Schroder Real Estate Investment Trust Limited (the ‘Company’ and together with its subsidiaries the ‘Group’) is a real estate investment company with a premium listing on the Official List of the UK Listin...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/28 19:23 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.