LSE:UANC

Stock Analysis Report

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Executive Summary

Urban&Civic plc engages in the property development and investment activities in the United Kingdom.


Snowflake Analysis

Adequate balance sheet with limited growth.


Similar Companies

Share Price & News

How has Urban&Civic's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UANC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.4%

UANC

-2.0%

GB Real Estate

-0.7%

GB Market


1 Year Return

-29.0%

UANC

-14.7%

GB Real Estate

-15.7%

GB Market

Return vs Industry: UANC underperformed the UK Real Estate industry which returned -12.9% over the past year.

Return vs Market: UANC underperformed the UK Market which returned -14.9% over the past year.


Shareholder returns

UANCIndustryMarket
7 Day0.4%-2.0%-0.7%
30 Day2.4%-0.6%0.6%
90 Day-0.9%11.5%11.3%
1 Year-28.5%-29.0%-13.1%-14.7%-11.7%-15.7%
3 Year-6.8%-9.5%-12.8%-20.1%-4.3%-16.1%
5 Year-2.8%-7.8%-0.5%-14.9%13.5%-11.9%

Price Volatility Vs. Market

How volatile is Urban&Civic's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Urban&Civic undervalued compared to its fair value and its price relative to the market?

42.73x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: UANC (£2.33) is trading above our estimate of fair value (£0.4)

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


Price To Earnings Ratio

PE vs Industry: UANC is poor value based on its PE Ratio (42.7x) compared to the GB Real Estate industry average (13.1x).

PE vs Market: UANC is poor value based on its PE Ratio (42.7x) compared to the UK market (15.4x).


Price to Earnings Growth Ratio

PEG Ratio: UANC is poor value based on its PEG Ratio (4.3x)


Price to Book Ratio

PB vs Industry: UANC's PB Ratio (0.8x) is in line with the GB Real Estate industry average.


Next Steps

Future Growth

How is Urban&Civic forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

9.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UANC's forecast earnings growth (9.9% per year) is above the savings rate (1.2%).

Earnings vs Market: UANC's earnings (9.9% per year) are forecast to grow slower than the UK market (21.6% per year).

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

Revenue vs Market: UANC's revenue (7.8% per year) is forecast to grow faster than the UK market (3.1% per year).

High Growth Revenue: UANC's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Urban&Civic performed over the past 5 years?

4.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UANC has high quality earnings.

Growing Profit Margin: UANC's current net profit margins (7.5%) are lower than last year (14%).


Past Earnings Growth Analysis

Earnings Trend: UANC's earnings have grown by 4.3% per year over the past 5 years.

Accelerating Growth: UANC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UANC had negative earnings growth (-42.7%) over the past year, making it difficult to compare to the Real Estate industry average (-5.2%).


Return on Equity

High ROE: UANC's Return on Equity (2%) is considered low.


Next Steps

Financial Health

How is Urban&Civic's financial position?


Financial Position Analysis

Short Term Liabilities: UANC's short term assets (£353.3M) exceed its short term liabilities (£37.0M).

Long Term Liabilities: UANC's short term assets (£353.3M) exceed its long term liabilities (£138.0M).


Debt to Equity History and Analysis

Debt Level: UANC's debt to equity ratio (33.8%) is considered satisfactory.

Reducing Debt: UANC's debt to equity ratio has increased from 3.2% to 33.8% over the past 5 years.

Debt Coverage: UANC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: UANC's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Urban&Civic current dividend yield, its reliability and sustainability?

1.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UANC's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.94%).

High Dividend: UANC's dividend (1.67%) is low compared to the top 25% of dividend payers in the UK market (5.47%).


Stability and Growth of Payments

Stable Dividend: UANC has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: UANC's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.8%), UANC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UANC's dividends in 3 years are forecast to be covered by earnings (65.2% payout ratio).


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Nigel Hugill (63yo)

4.5yrs

Tenure

UK£1,674,000

Compensation

Mr. Nigel Hugill Co-Founded Urban&Civic plc in 2009 and has been its Chief Executive Officer since March 24, 2016 and also served as its Executive Chairman until March 24, 2016. Mr. Hugill served as the Ch ...


CEO Compensation Analysis

Compensation vs Market: Nigel's total compensation ($USD2.10M) is above average for companies of similar size in the UK market ($USD915.66K).

Compensation vs Earnings: Nigel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Nigel Hugill
CEO & Executive Director4.5yrsUK£1.67m0.95% £3.2m
Robin Butler
MD & Executive Director6.17yrsUK£1.67m0.99% £3.3m
David Wood
Group Finance Director & Executive Director4yrsUK£1.04m0.19% £651.7k
James Scott
Director of Planning & Communicationno datano datano data
Heather Williams
Company Secretary4.92yrsno datano data
Myron Osborne
Chief Executive of Catesby0.50yrno datano data

4.5yrs

Average Tenure

61yo

Average Age

Experienced Management: UANC's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nigel Hugill
CEO & Executive Director4.5yrsUK£1.67m0.95% £3.2m
Robin Butler
MD & Executive Director6.17yrsUK£1.67m0.99% £3.3m
David Wood
Group Finance Director & Executive Director4yrsUK£1.04m0.19% £651.7k
Jonathan Di-Stefano
Independent Non-Executive Director2.83yrsUK£55.00k0.0028% £9.3k
Rosemary Boot
Independent Non-Executive Director1.17yrsUK£18.00k0.012% £40.8k
Alan Dickinson
Independent Non-Executive Chairman4.33yrsUK£148.00k0.069% £233.0k
Ian Barlow
Senior Independent Non-Executive Director1.42yrsUK£60.00k0.099% £331.5k
June Barnes
Independent Non-executive Director6.17yrsUK£60.00k0.025% £83.0k
Sanjeev Sharma
Independent Non-Executive Director1.17yrsUK£18.00kno data
William John Holland
Independent Non-Executive Director0.42yrno datano data

3.4yrs

Average Tenure

61yo

Average Age

Experienced Board: UANC's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: UANC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Urban&Civic plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Urban&Civic plc
  • Ticker: UANC
  • Exchange: LSE
  • Founded: 1994
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: UK£335.514m
  • Shares outstanding: 144.00m
  • Website: https://www.urbanandcivic.com

Number of Employees


Location

  • Urban&Civic plc
  • 50 New Bond Street
  • London
  • Greater London
  • W1S 1BJ
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UANCLSE (London Stock Exchange)YesNew Ordinary SharesGBGBPMay 2014
UANClBATS-CHIXE (BATS 'Chi-X Europe')YesNew Ordinary SharesGBGBPMay 2014

Biography

Urban&Civic plc engages in the property development and investment activities in the United Kingdom. It operates in two segments, Strategic Sites and Catesby, and Commercial Property Development. The Strategic Sites and Catesby segment includes serviced and unserviced lands, consented and unconsented lands, and mixed-use development and promotion sites. The Commercial Property Development segment develops center and commercial regional projects. The company also provides property management, administration, and project co-ordination and management services. It primarily serves house builders and commercial customers. The company was incorporated in 1994 and is headquartered in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/14 20:59
End of Day Share Price2020/07/14 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


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.