Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 0/6 |
Past Performance | 1/6 |
Financial Health | 4/6 |
Dividends | 2/6 |
UKCM Stock Overview
UK Commercial Property REIT (UKCPT) was launched in September 2006, registered as a Guernsey investment company and has a full listing on the London Stock Exchange (FTSE 250).
UK Commercial Property REIT Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | UK£0.87 |
52 Week High | UK£0.96 |
52 Week Low | UK£0.72 |
Beta | 0.17 |
1 Month Change | -3.12% |
3 Month Change | 14.30% |
1 Year Change | 20.47% |
3 Year Change | -5.02% |
5 Year Change | -0.17% |
Change since IPO | -15.64% |
Recent News & Updates
Shareholder Returns
UKCM | GB REITs | GB Market | |
---|---|---|---|
7D | 0.3% | 0.8% | -0.4% |
1Y | 20.5% | 2.7% | -3.0% |
Return vs Industry: UKCM exceeded the UK REITs industry which returned 2.3% over the past year.
Return vs Market: UKCM exceeded the UK Market which returned -2.7% over the past year.
Price Volatility
UKCM volatility | |
---|---|
UKCM Average Weekly Movement | 3.3% |
REITs Industry Average Movement | 3.4% |
Market Average Movement | 6.0% |
10% most volatile stocks in GB Market | 11.6% |
10% least volatile stocks in GB Market | 3.1% |
Stable Share Price: UKCM is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: UKCM's weekly volatility (3%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2006 | n/a | n/a | https://www.ukcpreit.co.uk |
UK Commercial Property REIT (UKCPT) was launched in September 2006, registered as a Guernsey investment company and has a full listing on the London Stock Exchange (FTSE 250). The initial offering raised £530m and the proceeds were used to acquire a portfolio of properties from closed life funds held by Phoenix Group Holdings. This provided a means for the life funds to collectivise their property exposure, while at the same time reducing exposure by way of UKCPT attracting additional new shareholders.
UK Commercial Property REIT Fundamentals Summary
UKCM fundamental statistics | |
---|---|
Market Cap | UK£1.13b |
Earnings (TTM) | UK£236.23m |
Revenue (TTM) | UK£64.49m |
4.8x
P/E Ratio17.6x
P/S RatioIs UKCM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
UKCM income statement (TTM) | |
---|---|
Revenue | UK£64.49m |
Cost of Revenue | UK£19.91m |
Gross Profit | UK£44.58m |
Other Expenses | -UK£191.65m |
Earnings | UK£236.23m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.18 |
Gross Margin | 69.13% |
Net Profit Margin | 366.33% |
Debt/Equity Ratio | 18.7% |
How did UKCM perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield100%
Payout RatioValuation
Is UK Commercial Property REIT undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
4.79x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: UKCM (£0.87) is trading above our estimate of fair value (£0.82)
Significantly Below Fair Value: UKCM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UKCM is good value based on its Price-To-Earnings Ratio (4.8x) compared to the UK REITs industry average (9.5x).
PE vs Market: UKCM is good value based on its Price-To-Earnings Ratio (4.8x) compared to the UK market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UKCM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UKCM's Price-To-Book Ratio (0.9x) is in line with the GB REITs industry average.
Future Growth
How is UK Commercial Property REIT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-6.5%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as UK Commercial Property REIT has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has UK Commercial Property REIT performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-0.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UKCM has a large one-off gain of £207.6M impacting its December 31 2021 financial results.
Growing Profit Margin: UKCM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: UKCM's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: UKCM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: UKCM has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (129.6%).
Return on Equity
High ROE: UKCM's Return on Equity (17.8%) is considered low.
Financial Health
How is UK Commercial Property REIT's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: UKCM's short term assets (£92.9M) exceed its short term liabilities (£27.7M).
Long Term Liabilities: UKCM's short term assets (£92.9M) do not cover its long term liabilities (£248.3M).
Debt to Equity History and Analysis
Debt Level: UKCM's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: UKCM's debt to equity ratio has reduced from 22.5% to 18.7% over the past 5 years.
Debt Coverage: UKCM's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: UKCM's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
Dividend
What is UK Commercial Property REIT current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
3.08%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UKCM's dividend (3.08%) is higher than the bottom 25% of dividend payers in the UK market (1.78%).
High Dividend: UKCM's dividend (3.08%) is low compared to the top 25% of dividend payers in the UK market (4.85%).
Stability and Growth of Payments
Stable Dividend: UKCM's dividend payments have been volatile in the past 10 years.
Growing Dividend: UKCM's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100%), UKCM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (91.8%), UKCM's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average board tenure
CEO
UK Commercial Property REIT has no CEO, or we have no data on them.
Board Members
Experienced Board: UKCM'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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
UK Commercial Property REIT Limited's employee growth, exchange listings and data sources
Key Information
- Name: UK Commercial Property REIT Limited
- Ticker: UKCM
- Exchange: LSE
- Founded: 2006
- Industry: Diversified REITs
- Sector: Real Estate
- Implied Market Cap: UK£1.132b
- Shares outstanding: 1.30b
- Website: https://www.ukcpreit.co.uk
Location
- UK Commercial Property REIT Limited
- Investment House 1 George Street
- Edinburgh
- Eh2 2-ll
- United Kingdom
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/24 00:00 |
End of Day Share Price | 2022/05/24 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.