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SUPR

Supermarket Income REITLSE:SUPR Stock Report

Market Cap

UK£1.2b

7D

2.1%

1Y

14.9%

Updated

23 Oct, 2021

Data

Company Financials +
SUPR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance2/6
Financial Health2/6
Dividends4/6

SUPR Overview

Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the UK's feed the nation infrastructure.

Supermarket Income REIT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Supermarket Income REIT
Historical stock prices
Current Share PriceUK£1.20
52 Week HighUK£1.03
52 Week LowUK£1.25
Beta0.15
1 Month Change-0.21%
3 Month Change1.49%
1 Year Change14.90%
3 Year Change17.73%
5 Year Changen/a
Change since IPO18.32%

Recent News & Updates

Shareholder Returns

SUPRGB REITsGB Market
7D2.1%-0.1%-0.2%
1Y14.9%28.2%23.2%

Return vs Industry: SUPR underperformed the UK REITs industry which returned 28.2% over the past year.

Return vs Market: SUPR underperformed the UK Market which returned 23.1% over the past year.

Price Volatility

Is SUPR's price volatile compared to industry and market?
SUPR volatility
SUPR Beta0.15
Industry Beta0.84
Market Beta1

Stable Share Price: SUPR is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: SUPR's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/an/ahttps://www.supermarketincomereit.com

Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the UK's feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. All of the Company's 45 properties are let to leading UK supermarket operators, diversified by both tenant and geography.

Supermarket Income REIT Fundamentals Summary

How do Supermarket Income REIT's earnings and revenue compare to its market cap?
SUPR fundamental statistics
Market CapUK£1.18b
Earnings (TTM)UK£82.00m
Revenue (TTM)UK£63.50m

14.4x

P/E Ratio

18.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SUPR income statement (TTM)
RevenueUK£63.50m
Cost of RevenueUK£0
Gross ProfitUK£63.50m
Expenses-UK£18.50m
EarningsUK£82.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.083
Gross Margin100.00%
Net Profit Margin129.13%
Debt/Equity Ratio47.2%

How did SUPR perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

69%

Payout Ratio

Valuation

Is Supermarket Income REIT undervalued compared to its fair value and its price relative to the market?

14.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SUPR (£1.2) is trading above our estimate of fair value (£0.98)

Significantly Below Fair Value: SUPR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SUPR is poor value based on its PE Ratio (14.4x) compared to the UK REITs industry average (13x).

PE vs Market: SUPR is good value based on its PE Ratio (14.4x) compared to the UK market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: SUPR is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: SUPR is overvalued based on its PB Ratio (1.4x) compared to the GB REITs industry average (0.9x).


Future Growth

How is Supermarket Income REIT forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

4.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SUPR's forecast earnings growth (4.7% per year) is above the savings rate (0.9%).

Earnings vs Market: SUPR's earnings (4.7% per year) are forecast to grow slower than the UK market (12.9% per year).

High Growth Earnings: SUPR's earnings are forecast to grow, but not significantly.

Revenue vs Market: SUPR's revenue (10.9% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: SUPR's revenue (10.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SUPR's Return on Equity is forecast to be low in 3 years time (3.9%).


Past Performance

How has Supermarket Income REIT performed over the past 5 years?

150.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SUPR has a large one-off gain of £36.3M impacting its June 30 2021 financial results.

Growing Profit Margin: SUPR's current net profit margins are higher than last year .


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SUPR's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare SUPR's past year earnings growth to its 5-year average.

Earnings vs Industry: SUPR earnings growth over the past year (150.3%) exceeded the REITs industry 76.6%.


Return on Equity

High ROE: SUPR's Return on Equity (9.4%) is considered low.


Financial Health

How is Supermarket Income REIT's financial position?


Financial Position Analysis

Short Term Liabilities: SUPR's short term assets (£23.0M) exceed its short term liabilities (£20.5M).

Long Term Liabilities: SUPR's short term assets (£23.0M) do not cover its long term liabilities (£410.9M).


Debt to Equity History and Analysis

Debt Level: SUPR's debt to equity ratio (47.2%) is considered high.

Reducing Debt: Insufficient data to determine if SUPR's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SUPR's debt is not well covered by operating cash flow (9%).

Interest Coverage: SUPR's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


Dividend

What is Supermarket Income REIT current dividend yield, its reliability and sustainability?

4.97%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SUPR's dividend (4.97%) is higher than the bottom 25% of dividend payers in the UK market (1.4%).

High Dividend: SUPR's dividend (4.97%) is in the top 25% of dividend payers in the UK market (4.07%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, SUPR has been paying a dividend for less than 10 years.

Growing Dividend: SUPR's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (69.3%), SUPR's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SUPR's dividends in 3 years are forecast to be covered by earnings (89.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average board tenure


CEO

Supermarket Income REIT has no CEO, or we have no data on them.


Board Members

Experienced Board: SUPR's board of directors are considered experienced (4.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 47.9%.


Top Shareholders

Company Information

Supermarket Income REIT plc's employee growth, exchange listings and data sources


Key Information

  • Name: Supermarket Income REIT plc
  • Ticker: SUPR
  • Exchange: LSE
  • Founded: 2017
  • Industry: Retail REITs
  • Sector: Real Estate
  • Market Cap: UK£1.177b
  • Shares outstanding: 984.93m
  • Website: https://www.supermarketincomereit.com

Location

  • Supermarket Income REIT plc
  • The Scalpel
  • 18th Floor
  • London
  • EC3M 7AF
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/23 17:58
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.