ISE:YEW

Stock Analysis Report

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Executive Summary

Yew Grove REIT plc (the "Company", registered number 623896), together with entities controlled by the Company (its subsidiaries) (together the"Group"), is engaged in investing in a diversified portfolio of Irish commercial property with a view to maximising its shareholder returns.


Snowflake Analysis

Adequate balance sheet average dividend payer.

Share Price & News

How has Yew Grove REIT's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

1.1%

YEW

11.7%

IE REITs

7.3%

IE Market


1 Year Return

-9.6%

YEW

-11.6%

IE REITs

5.9%

IE Market

Return vs Industry: YEW exceeded the Irish REITs industry which returned -13.3% over the past year.

Return vs Market: YEW underperformed the Irish Market which returned 5.3% over the past year.


Shareholder returns

YEWIndustryMarket
7 Day1.1%11.7%7.3%
30 Day-4.8%14.2%18.8%
90 Day-7.7%-13.5%3.5%
1 Year-3.0%-9.6%-7.2%-11.6%7.2%5.9%
3 Yearn/a2.5%-10.5%10.9%5.8%
5 Yearn/a12.1%-10.7%40.8%30.4%

Price Volatility Vs. Market

How volatile is Yew Grove REIT's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Yew Grove REIT undervalued compared to its fair value and its price relative to the market?

11.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: YEW (€0.9) is trading below our estimate of fair value (€1.01)

Significantly Below Fair Value: YEW is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: YEW is poor value based on its PE Ratio (14.3x) compared to the REITs industry average (12.9x).

PE vs Market: YEW is good value based on its PE Ratio (14.3x) compared to the Irish market (14.3x).


Price to Earnings Growth Ratio

PEG Ratio: YEW is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: YEW is overvalued based on its PB Ratio (0.9x) compared to the XE REITs industry average (0.9x).


Next Steps

Future Growth

How is Yew Grove REIT forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

16.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: YEW's forecast earnings growth (16.3% per year) is above the savings rate (0.7%).

Earnings vs Market: YEW's earnings (16.3% per year) are forecast to grow faster than the Irish market (15.9% per year).

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

Revenue vs Market: YEW's revenue (5.2% per year) is forecast to grow slower than the Irish market (6.3% per year).

High Growth Revenue: YEW's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: YEW's Return on Equity is forecast to be low in 3 years time (7.4%).


Next Steps

Past Performance

How has Yew Grove REIT performed over the past 5 years?

62.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: YEW has high quality earnings.

Growing Profit Margin: YEW's current net profit margins (50.9%) are lower than last year (84.3%).


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if YEW'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 YEW's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: YEW earnings growth over the past year (62.6%) exceeded the REITs industry 9.7%.


Return on Equity

High ROE: YEW's Return on Equity (4.6%) is considered low.


Next Steps

Financial Health

How is Yew Grove REIT's financial position?


Financial Position Analysis

Short Term Liabilities: YEW's short term assets (€18.1M) exceed its short term liabilities (€3.6M).

Long Term Liabilities: YEW's short term assets (€18.1M) do not cover its long term liabilities (€20.4M).


Debt to Equity History and Analysis

Debt Level: YEW's debt to equity ratio (18.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if YEW's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: YEW's debt is well covered by operating cash flow (26.4%).

Interest Coverage: YEW's interest payments on its debt are well covered by EBIT (9.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Yew Grove REIT's current dividend yield, its reliability and sustainability?

5.46%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: YEW's dividend (5.46%) is higher than the bottom 25% of dividend payers in the Irish market (2.38%).

High Dividend: YEW's dividend (5.46%) is in the top 25% of dividend payers in the Irish market (5.23%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether YEW's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if YEW's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (69.5%), YEW's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: YEW's dividends in 3 years are forecast to be covered by earnings (84.1% payout ratio).


Next Steps

Management

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

2.0yrs

Average board tenure


CEO

Jonathan Laredo (58yo)

no data

Tenure

Mr. Jonathan Marx Laredo serves as Chief Executive Officer of Yew Grove REIT plc and its Director since April 20, 2018. Mr. Laredo is the Chief Executive Officer, Partner, and Investment Advisor at Solent  ...


Board Members

NamePositionTenureCompensationOwnership
Jonathan Laredo
CEO & Directorno datano data2.3% 2.3m
Charles Edward Peach
CFO & Director2.17yrsno data0.25% 248.1k
Michael Gibbons
Chief Investment Officer & Director2.17yrsno data1.84% 1.8m
Gearoid O'Dea
Senior Independent Non-Executive Director2yrsno data0.068% 67.8k
Brian Owens
Independent Non-Executive Director2yrsno data0.063% 63.3k
Eimear Moloney
Independent Non-Executive Director2yrsno data0.063% 63.3k
Barry O'Dowd
Independent Non-Executive Chairman2yrsno data0.045% 45.0k

2.0yrs

Average Tenure

56yo

Average Age

Experienced Board: YEW's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 49%.


Top Shareholders

Company Information

Yew Grove REIT plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yew Grove REIT plc
  • Ticker: YEW
  • Exchange: ISE
  • Founded:
  • Industry: Diversified REITs
  • Sector: Real Estate
  • Market Cap: €100.036m
  • Shares outstanding: 111.77m
  • Website: https://www.ygreit.com

Number of Employees


Location

  • Yew Grove REIT plc
  • 76 Lower Baggot Street
  • 4th Floor
  • Dublin
  • Co. Dublin
  • 2
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YEWAIM (London Stock Exchange AIM Market)YesCommon SharesGBEURJun 2018
YEWISE (Irish Stock Exchange)YesCommon SharesIEEURJun 2018

Biography

Yew Grove REIT plc (the "Company", registered number 623896), together with entities controlled by the Company (its subsidiaries) (together the"Group"), is engaged in investing in a diversified portfolio of Irish commercial property with a view to maximising its shareholder returns. The Company is a public limited company, incorporated and domiciled in Ireland. The registered address of the Company is 4th Floor, 76 Lower Baggot Street, Dublin 2. The ordinary shares of the Company are listed on the Euronext Growth market (formerly the Enterprise Securities Market) of Euronext Dublin and the Alternative Investment Market of the London Stock Exchange. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 01:23
End of Day Share Price2020/06/02 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.