Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust dedicated to investing in supermarket properties that form a key part of the future omnichannel model of grocery and let to leading UK supermarket operators.
Imperfect balance sheet with questionable track record.
Share Price & News
How has Supermarket Income REIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUPR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SUPR exceeded the UK REITs industry which returned -9% over the past year.
Return vs Market: SUPR exceeded the UK Market which returned -10% over the past year.
Price Volatility Vs. Market
How volatile is Supermarket Income REIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StSupermarket Income REIT plc (LON:SUPR) Delivered A Weaker ROE Than Its Industry
2 months ago | Simply Wall StDid Changing Sentiment Drive Supermarket Income REIT's (LON:SUPR) Share Price Down By 10%?
4 months ago | Simply Wall StWith A 4.6% Return On Equity, Is Supermarket Income REIT plc (LON:SUPR) A Quality Stock?
Is Supermarket Income REIT 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: SUPR (£1.09) is trading above our estimate of fair value (£0.85)
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 (21.1x) compared to the REITs industry average (15.2x).
PE vs Market: SUPR is poor value based on its PE Ratio (21.1x) compared to the UK market (15x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SUPR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SUPR is overvalued based on its PB Ratio (1.1x) compared to the GB REITs industry average (0.7x).
How is Supermarket Income REIT forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if SUPR's forecast earnings growth is above the savings rate (1.2%).
Earnings vs Market: Insufficient data to determine if SUPR's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SUPR's revenue (16.4% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: SUPR's revenue (16.4% 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 (6.6%).
How has Supermarket Income REIT performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SUPR has high quality earnings.
Growing Profit Margin: SUPR's current net profit margins (61.6%) are lower than last year (71.9%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if SUPR's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare SUPR's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: SUPR earnings growth over the past year (33.2%) exceeded the REITs industry -22.4%.
Return on Equity
High ROE: SUPR's Return on Equity (3.9%) is considered low.
How is Supermarket Income REIT's financial position?
Financial Position Analysis
Short Term Liabilities: SUPR's short term assets (£13.6M) exceed its short term liabilities (£8.9M).
Long Term Liabilities: SUPR's short term assets (£13.6M) do not cover its long term liabilities (£167.3M).
Debt to Equity History and Analysis
Debt Level: SUPR's debt to equity ratio (51%) 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 (7.9%).
Interest Coverage: SUPR's interest payments on its debt are well covered by EBIT (4.7x coverage).
What is Supermarket Income REIT's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SUPR's dividend (5.36%) is higher than the bottom 25% of dividend payers in the UK market (1.98%).
High Dividend: SUPR's dividend (5.36%) is low compared to the top 25% of dividend payers in the UK market (5.5%).
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 3 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (104%), SUPR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SUPR's dividends in 3 years are not forecast to be well covered by earnings (105.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Supermarket Income REIT has no CEO, or we have no data on them.
|Independent Non-Executive Chairman||3yrs||UK£55.00k||0.099% £510.7k|
|Independent Non-Executive Director||3yrs||UK£40.00k||0.030% £157.2k|
|Senior Independent Director||no data||UK£39.00k||0.016% £82.9k|
|Independent Director||0.33yr||no data||0.0041% £21.2k|
Experienced Board: SUPR's board of directors are considered experienced (3 years average tenure).
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 97.5%.
Supermarket Income REIT plc's company bio, employee growth, exchange listings and data sources
- Name: Supermarket Income REIT plc
- Ticker: SUPR
- Exchange: LSE
- Founded: 2017
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: UK£516.246m
- Shares outstanding: 473.62m
- Website: https://www.supermarketincomereit.com
- Supermarket Income REIT plc
- The Scalpel
- 18th Floor
- EC3M 7AF
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SUPR||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jul 2017|
Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust dedicated to investing in supermarket properties that form a key part of the future omnichannel model of grocery and let to leading UK supermarket operators. The Company provides investors with attractive, long-dated, secure, inflation-linked, growing income with the potential for capital appreciation over the longer term and targeting a 7% to 10% p.a total shareholder return over the medium term. The Company has increased its dividend target for the year ending 30 September 2020 in line with UK RPI inflation to 5.80 pence per share, payable in quarterly instalments. Atrato Capital is the Company's Investment Adviser. The Company's ordinary shares were admitted to trading on the Main Market of the London Stock Exchange, Specialist Fund Segment, on 21 July 2017.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 11:26|
|End of Day Share Price||2020/06/04 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.