TOWN Stock Overview
Town Centre Securities PLC (TCS) is a leading UK property investment & development company with property assets of over £394 million.
Town Centre Securities Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£1.30|
|52 Week High||UK£1.50|
|52 Week Low||UK£0.93|
|1 Month Change||5.49%|
|3 Month Change||-5.29%|
|1 Year Change||12.83%|
|3 Year Change||-45.48%|
|5 Year Change||-52.90%|
|Change since IPO||91.76%|
Recent News & Updates
Do Institutions Own Town Centre Securities PLC (LON:TOWN) Shares?
If you want to know who really controls Town Centre Securities PLC ( LON:TOWN ), then you'll have to look at the makeup...
|TOWN||GB REITs||GB Market|
Return vs Industry: TOWN underperformed the UK REITs industry which returned 25.9% over the past year.
Return vs Market: TOWN matched the UK Market which returned 13.8% over the past year.
|TOWN Average Weekly Movement||4.9%|
|REITs Industry Average Movement||2.8%|
|Market Average Movement||4.9%|
|10% most volatile stocks in GB Market||9.7%|
|10% least volatile stocks in GB Market||2.6%|
Stable Share Price: TOWN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TOWN's weekly volatility (5%) has been stable over the past year.
About the Company
Town Centre Securities PLC (TCS) is a leading UK property investment & development company with property assets of over £394 million. With almost 60 years’ experience, a commitment to sustainable development and a reputation for quality & innovation, TCS create outstanding mixed use developments close to transport hubs in Leeds, Manchester, Glasgow and London. Committed to tenants and shareholders, TCS provides world-class residential, office and commercial accommodation and robust investment opportunities through actively managing our portfolio for income and capital growth.
Town Centre Securities Fundamentals Summary
|TOWN fundamental statistics|
Is TOWN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TOWN income statement (TTM)|
|Cost of Revenue||UK£8.81m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.52|
|Net Profit Margin||-122.72%|
How did TOWN perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Is Town Centre Securities 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: TOWN (£1.3) is trading above our estimate of fair value (£0.67)
Significantly Below Fair Value: TOWN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TOWN is unprofitable, so we can't compare its PE Ratio to the UK REITs industry average.
PE vs Market: TOWN 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 TOWN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TOWN is good value based on its PB Ratio (0.5x) compared to the GB REITs industry average (0.9x).
How is Town Centre Securities forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TOWN's forecast earnings growth is above the savings rate (0.9%).
Earnings vs Market: Insufficient data to determine if TOWN'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: TOWN's revenue (10.3% per year) is forecast to grow faster than the UK market (4.9% per year).
High Growth Revenue: TOWN's revenue (10.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TOWN's Return on Equity is forecast to be high in 3 years time
How has Town Centre Securities performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TOWN is currently unprofitable.
Growing Profit Margin: TOWN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TOWN is unprofitable, and losses have increased over the past 5 years at a rate of 64.8% per year.
Accelerating Growth: Unable to compare TOWN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TOWN is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (141.2%).
Return on Equity
High ROE: TOWN has a negative Return on Equity (-18.06%), as it is currently unprofitable.
How is Town Centre Securities's financial position?
Financial Position Analysis
Short Term Liabilities: TOWN's short term assets (£23.0M) do not cover its short term liabilities (£62.3M).
Long Term Liabilities: TOWN's short term assets (£23.0M) do not cover its long term liabilities (£146.4M).
Debt to Equity History and Analysis
Debt Level: TOWN's net debt to equity ratio (97.1%) is considered high.
Reducing Debt: TOWN's debt to equity ratio has increased from 95% to 108.8% over the past 5 years.
Debt Coverage: TOWN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TOWN's interest payments on its debt are not well covered by EBIT (0.7x coverage).
What is Town Centre Securities's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TOWN's dividend (3.85%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: TOWN's dividend (3.85%) is low compared to the top 25% of dividend payers in the UK market (4.17%).
Stability and Growth of Payments
Stable Dividend: TOWN's dividend payments have been volatile in the past 10 years.
Growing Dividend: TOWN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: TOWN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: TOWN's dividends in 3 years are forecast to be covered by earnings (85.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Edward Ziff (61 yo)
Dr. Edward Max Ziff, OBE DL, HonDBA, has been the Chief Executive Officer of Town Centre Securities PLC from February 2001. Dr. Ziff served as the Managing Director of Town Centre Securities Plc since 1983...
CEO Compensation Analysis
Compensation vs Market: Edward's total compensation ($USD892.42K) is above average for companies of similar size in the UK market ($USD324.53K).
Compensation vs Earnings: Edward's compensation has been consistent with company performance over the past year.
Experienced Board: TOWN's board of directors are considered experienced (6.2 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 not been meaningfully diluted in the past year.
Town Centre Securities PLC's employee growth, exchange listings and data sources
- Name: Town Centre Securities PLC
- Ticker: TOWN
- Exchange: LSE
- Founded: 1959
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: UK£68.593m
- Shares outstanding: 52.87m
- Website: https://www.tcs-plc.co.uk
Number of Employees
- Town Centre Securities PLC
- Town Centre House
- The Merrion Centre
- East Lothian
- LS2 8LY
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 21:37|
|End of Day Share Price||2021/11/30 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.