LSE:UANC

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

Mediocre 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

2.7%

UANC

1.3%

GB Real Estate

0.3%

GB Market


1 Year Return

43.1%

UANC

32.9%

GB Real Estate

6.5%

GB Market

Return vs Industry: UANC exceeded the UK Real Estate industry which returned 32.9% over the past year.

Return vs Market: UANC exceeded the UK Market which returned 6.5% over the past year.


Shareholder returns

UANCIndustryMarket
7 Day2.7%1.3%0.3%
30 Day4.7%3.3%-1.4%
90 Day14.3%16.5%2.9%
1 Year44.8%43.1%36.4%32.9%12.0%6.5%
3 Year57.1%51.8%12.6%4.6%18.7%3.8%
5 Year50.4%42.0%28.2%13.3%35.0%4.1%

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?

42.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: UANC (£3.75) is trading above our estimate of fair value (£0.57)

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 (42.6x) compared to the Real Estate industry average (18.2x).

PE vs Market: UANC is poor value based on its PE Ratio (42.6x) compared to the UK market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: UANC is poor value based on its PEG Ratio (17.3x)


Price to Book Ratio

PB vs Industry: UANC is overvalued based on its PB Ratio (1.3x) compared to the GB Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Urban&Civic forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

2.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UANC's forecast earnings growth (2.5% per year) is above the savings rate (0.5%).

Earnings vs Market: UANC's earnings (2.5% per year) are forecast to grow slower than the UK market (12.9% per year).

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

Revenue vs Market: UANC's revenue (4.8% per year) is forecast to grow faster than the UK market (3.6% per year).

High Growth Revenue: UANC's revenue (4.8% 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 (2.7%).


Next Steps

Past Performance

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

-2.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UANC has a large one-off gain of £5.8M impacting its September 30 2019 financial results.

Growing Profit Margin: UANC's current net profit margins (12.4%) are lower than last year (12.4%).


Past Earnings Growth Analysis

Earnings Trend: UANC's earnings have declined by -2.5% 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 (-32.4%) over the past year, making it difficult to compare to the Real Estate industry average (2%).


Return on Equity

High ROE: UANC's Return on Equity (3.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Urban&Civic's financial position?


Financial Position Analysis

Short Term Liabilities: UANC's short term assets (£349.9M) exceed its short term liabilities (£36.7M).

Long Term Liabilities: UANC's short term assets (£349.9M) exceed its long term liabilities (£136.8M).


Debt to Equity History and Analysis

Debt Level: UANC's debt to equity ratio (32.1%) is considered satisfactory.

Reducing Debt: UANC's debt to equity ratio has increased from 0.04% to 32.1% 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 not well covered by EBIT (1.6x coverage).


Balance Sheet

Inventory Level: UANC has a high level of physical assets or inventory.

Debt Coverage by Assets: UANC's debt is covered by short term assets (assets are 2.7x debt).


Next Steps

Dividend

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

1.04%

Current Dividend Yield


Dividend Yield vs Market

company1.0%marketbottom25%1.8%markettop25%5.1%industryaverage2.4%forecastin3Years1.3%

Current dividend yield vs market & industry

Notable Dividend: UANC's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.8%).

High Dividend: UANC's dividend (1.04%) is low compared to the top 25% of dividend payers in the UK market (5.07%).


Stability and Growth of Payments

Stable Dividend: UANC is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.

Growing Dividend: UANC is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: UANC is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UANC's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Nigel Hugill (62yo)

4.1yrs

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 ($USD2.17M) is above average for companies of similar size in the UK market ($USD1.18M).

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 Director4.1yrsUK£1.67m0.95% £5.1m
Robin Butler
MD & Executive Director5.8yrsUK£1.67m0.98% £5.3m
David Wood
Group Finance Director & Executive Director3.6yrsUK£1.04m0.19% £1.0m
James Scott
Director of Planning & Communication0yrsno datano data
Heather Williams
Company Secretary4.5yrsno datano data

4.3yrs

Average Tenure

60yo

Average Age

Experienced Management: UANC's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nigel Hugill
CEO & Executive Director4.1yrsUK£1.67m0.95% £5.1m
Robin Butler
MD & Executive Director5.8yrsUK£1.67m0.98% £5.3m
David Wood
Group Finance Director & Executive Director3.6yrsUK£1.04m0.19% £1.0m
Jonathan Di-Stefano
Independent Non-Executive Director2.4yrsUK£55.00k0.0028% £15.0k
Rosemary Boot
Independent Non-Executive Director0.8yrsUK£18.00k0.0063% £34.1k
Alan Dickinson
Non-Executive Chairman3.9yrsUK£148.00k0.062% £333.4k
Ian Barlow
Senior Independent Non-Executive Director1yrsUK£60.00k0.078% £421.0k
June Barnes
Independent Non-executive Director5.8yrsUK£60.00k0.014% £75.2k
Sanjeev Sharma
Independent Non-Executive Director0.8yrsUK£18.00kno data
Bill Holland
Independent Non-Executive Director0yrsno datano data

3.6yrs

Average Tenure

60yo

Average Age

Experienced Board: UANC's board of directors are considered experienced (3.6 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

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£538.713m
  • Shares outstanding: 143.66m
  • 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
UBBV.FOTCPK (Pink Sheets LLC)YesNew Ordinary SharesUSUSDMay 2014

Biography

Urban&Civic plc engages in property development and real estate activities in the United Kingdom. It operates through two segments, Strategic Land and Commercial Property Development. The Strategic Land segment includes serviced and unserviced lands, consented and unconsented land, and mixed-use development and promotion sites. The Commercial Property Development segment includes center developments and commercial regional developments. The company also provides property management, and project co-ordination and management services. It primarily serves house builders and commercial customers. Urban&Civic plc 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 Analysis2020/02/23 20:53
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
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.