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Capital & Counties Properties

OTCPK:CCPP.F
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CCPP.F
OTCPK
£2B
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Capital & Counties Properties PLC, a property company, invests in, develops, and manages real estate properties in the United Kingdom. The last earnings update was 67 days ago. More info.


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CCPP.F Share Price and Events
7 Day Returns
-
OTCPK:CCPP.F
-0.8%
US Real Estate
0.2%
US Market
1 Year Returns
-29.1%
OTCPK:CCPP.F
-16.5%
US Real Estate
2.9%
US Market
CCPP.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Capital & Counties Properties (CCPP.F) - - - -29.1% - -
US Real Estate -0.8% -6.9% -9.9% -16.5% 14.5% 1%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • CCPP.F underperformed the Real Estate industry which returned -16.5% over the past year.
  • CCPP.F underperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
CCPP.F
Industry
5yr Volatility vs Market

CCPP.F Value

 Is Capital & Counties Properties undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Capital & Counties Properties to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Capital & Counties Properties.

OTCPK:CCPP.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:CCPP.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6.7%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.108 (1 + (1- 19%) (32.84%))
1.27
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.27
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.27 * 6.65%)
11.17%

Discounted Cash Flow Calculation for OTCPK:CCPP.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Capital & Counties Properties is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:CCPP.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 11.17%)
2019 20.81 Analyst x1 18.72
2020 22.20 Analyst x2 17.96
2021 28.37 Analyst x1 20.65
2022 33.45 Est @ 17.9% 21.90
2023 37.92 Est @ 13.35% 22.33
2024 41.77 Est @ 10.16% 22.12
2025 45.08 Est @ 7.93% 21.48
2026 47.96 Est @ 6.37% 20.55
2027 50.49 Est @ 5.28% 19.46
2028 52.77 Est @ 4.52% 18.30
Present value of next 10 years cash flows £203.47
OTCPK:CCPP.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £52.77 × (1 + 2.73%) ÷ (11.17% – 2.73%)
£642.07
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £642.07 ÷ (1 + 11.17%)10
£222.64
OTCPK:CCPP.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £203.47 + £222.64
£426.11
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £426.11 / 850.88
£0.5
OTCPK:CCPP.F Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.63
Current discount Discount to share price of $2.77
= -1 x ($2.77 - $0.63) / $0.63
-341.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Capital & Counties Properties is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Capital & Counties Properties's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Capital & Counties Properties's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CCPP.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £-0.07
LSE:CAPC Share Price ** LSE (2019-05-23) in GBP £2.21
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 15.11x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Capital & Counties Properties.

OTCPK:CCPP.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:CAPC Share Price ÷ EPS (both in GBP)

= 2.21 ÷ -0.07

-33.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Capital & Counties Properties is loss making, we can't compare its value to the US Real Estate industry average.
  • Capital & Counties Properties is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Capital & Counties Properties's expected growth come at a high price?
Raw Data
OTCPK:CCPP.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -33.03x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
98.3%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.45x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Capital & Counties Properties, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Capital & Counties Properties's assets?
Raw Data
OTCPK:CCPP.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £3.22
LSE:CAPC Share Price * LSE (2019-05-23) in GBP £2.21
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.51x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
OTCPK:CCPP.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:CAPC Share Price ÷ Book Value per Share (both in GBP)

= 2.21 ÷ 3.22

0.69x

* Primary Listing of Capital & Counties Properties.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Capital & Counties Properties is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess Capital & Counties Properties's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Capital & Counties Properties has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CCPP.F Future Performance

 How is Capital & Counties Properties expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
98.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Capital & Counties Properties expected to grow at an attractive rate?
  • Capital & Counties Properties's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Capital & Counties Properties's earnings growth is expected to exceed the United States of America market average.
  • Capital & Counties Properties's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:CCPP.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:CCPP.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 98.3%
OTCPK:CCPP.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 4.7%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 4.3%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:CCPP.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CCPP.F Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 102 1
2021-12-31 93 22 96 4
2020-12-31 86 15 55 5
2019-12-31 80 7 -97 5
OTCPK:CCPP.F Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 84 -14 -57
2018-09-30 85 -14 -34
2018-06-30 86 -14 -12
2018-03-31 87 -10 -9
2017-12-31 88 -6 -7
2017-09-30 93 -12 3
2017-06-30 97 -19 13
2017-03-31 96 -24 -57
2016-12-31 94 -30 -127
2016-09-30 99 -18 -36
2016-06-30 103 -7 56
2016-03-31 109 -4 243

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Capital & Counties Properties's earnings are expected to grow significantly at over 20% yearly.
  • Capital & Counties Properties's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:CCPP.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Capital & Counties Properties Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CCPP.F Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.08 0.08 0.08 1.00
2021-12-31 0.10 0.13 0.07 2.00
2020-12-31 0.07 0.09 0.05 3.00
2019-12-31 0.05 0.05 0.05 1.00
OTCPK:CCPP.F Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 -0.07
2018-09-30 -0.04
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 0.00
2017-06-30 0.02
2017-03-31 -0.07
2016-12-31 -0.15
2016-09-30 -0.04
2016-06-30 0.07
2016-03-31 0.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Capital & Counties Properties is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Capital & Counties Properties's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Capital & Counties Properties has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CCPP.F Past Performance

  How has Capital & Counties Properties performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Capital & Counties Properties's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Capital & Counties Properties does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Capital & Counties Properties's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Capital & Counties Properties's 1-year growth to the US Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Capital & Counties Properties's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Capital & Counties Properties Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CCPP.F Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 83.50 -56.90 42.50
2018-09-30 84.90 -34.40 39.80
2018-06-30 86.30 -11.90 37.10
2018-03-31 87.00 -9.20 37.95
2017-12-31 87.70 -6.50 38.80
2017-09-30 92.50 3.40 40.60
2017-06-30 97.30 13.30 42.40
2017-03-31 95.70 -56.85 42.20
2016-12-31 94.10 -127.00 42.00
2016-09-30 98.75 -35.75 45.05
2016-06-30 103.40 55.50 48.10
2016-03-31 109.15 243.30 50.10
2015-12-31 114.90 431.10 52.10
2015-09-30 111.65 503.05 50.80
2015-06-30 108.40 575.00 49.50
2015-03-31 109.50 511.95 46.35
2014-12-31 110.60 448.90 43.20
2014-09-30 119.05 355.60 39.80
2014-06-30 127.50 262.30 36.40
2014-03-31 121.50 297.50 34.50
2013-12-31 115.50 332.70 32.60
2013-09-30 88.80 337.85 30.75
2013-06-30 88.10 343.00 28.40
2013-03-31 89.85 276.85 27.30
2012-12-31 91.60 210.70 26.20
2012-09-30 93.65 188.30 25.05
2012-06-30 95.70 165.90 23.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Capital & Counties Properties has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Capital & Counties Properties has efficiently used its assets last year compared to the US Real Estate industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Capital & Counties Properties improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Capital & Counties Properties's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Capital & Counties Properties has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CCPP.F Health

 How is Capital & Counties Properties's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Capital & Counties Properties's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Capital & Counties Properties is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Capital & Counties Properties's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Capital & Counties Properties's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Capital & Counties Properties Company Filings, last reported 4 months ago.

OTCPK:CCPP.F Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,983.60 617.20 32.50
2018-09-30 2,983.60 617.20 32.50
2018-06-30 3,101.30 615.90 48.90
2018-03-31 3,101.30 615.90 48.90
2017-12-31 3,105.60 782.40 28.60
2017-09-30 3,105.60 782.40 28.60
2017-06-30 3,199.60 642.10 19.30
2017-03-31 3,199.60 642.10 19.30
2016-12-31 3,173.20 860.20 30.90
2016-09-30 3,173.20 860.20 30.90
2016-06-30 3,231.30 719.00 47.10
2016-03-31 3,231.30 719.00 47.10
2015-12-31 3,402.80 629.30 66.90
2015-09-30 3,402.80 629.30 66.90
2015-06-30 3,204.90 483.60 49.90
2015-03-31 3,204.90 483.60 49.90
2014-12-31 2,506.30 453.60 94.80
2014-09-30 2,506.30 453.60 94.80
2014-06-30 2,196.00 289.70 57.40
2014-03-31 2,196.00 289.70 57.40
2013-12-31 1,812.10 391.80 43.00
2013-09-30 1,812.10 391.80 45.00
2013-06-30 1,730.80 431.70 126.70
2013-03-31 1,730.80 431.70 126.70
2012-12-31 1,477.80 379.30 184.50
2012-09-30 1,477.80 379.30 184.50
2012-06-30 1,186.50 484.10 53.30
  • Capital & Counties Properties's level of debt (20.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (21.5% vs 20.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Capital & Counties Properties is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Capital & Counties Properties's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Capital & Counties Properties has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CCPP.F Dividends

 What is Capital & Counties Properties's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.68%
Current annual income from Capital & Counties Properties dividends. Estimated to be 0.69% next year.
If you bought $2,000 of Capital & Counties Properties shares you are expected to receive $14 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Capital & Counties Properties's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • Capital & Counties Properties's dividend is below the markets top 25% of dividend payers in United States of America (3.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:CCPP.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:CCPP.F Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.02 1.00
2021-12-31 0.02 9.00
2020-12-31 0.02 12.00
2019-12-31 0.02 12.00
OTCPK:CCPP.F Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-04-09 0.015 0.631
2018-02-21 0.015 0.572
2017-08-29 0.015 0.547
2017-04-07 0.015 0.501
2016-08-02 0.015 0.526
2016-05-06 0.015 0.479
2015-05-15 0.015 0.376
2014-08-22 0.015 0.409
2014-03-21 0.015 0.449
2013-07-30 0.015 0.436
2013-05-10 0.015 0.447
2012-02-29 0.015 0.667
2011-03-10 0.020 1.136
2011-03-02 0.020 1.258
2010-08-03 0.015 1.082

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Capital & Counties Properties is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • Capital & Counties Properties is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Capital & Counties Properties's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Capital & Counties Properties's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • No need to calculate the sustainability of Capital & Counties Properties's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Capital & Counties Properties's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Capital & Counties Properties afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Capital & Counties Properties has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CCPP.F Management

 What is the CEO of Capital & Counties Properties's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ian Hawksworth
COMPENSATION £991,000
AGE 53
TENURE AS CEO 9.3 years
CEO Bio

Mr. Ian David Hawksworth serves as the Chief Executive Officer of Capital & Counties Properties PLC since 2010. Mr. Hawksworth serves as Managing Director at Capital & Counties Limited. He served as Managing Director of Capital & Counties of Capital Shopping Centres Group PLC since September 1, 2006. He has been an Executive Director of Capital & Counties Debenture PLC since March 2007 and Capital & Counties Properties PLC since February 3, 2010. He has been a Director of Liberty International plc since September 15, 2006. He serves as an Executive Director of Capital Shopping Centres Debenture PLC. and Capital & Counties Limited. He has been Non-Executive Director at Japan Residential Investment Co. Ltd., since September 15, 2006. He served as an Executive Director at Hongkong Land Ltd. from 1996 to 2006. He served as a Director of Hongkong Land Holdings Ltd. He served as an Executive Director of Capital Shopping Centres Group PLC from September 15, 2006 to May 7, 2010. Mr. Hawksworth is a Chartered Surveyor by training.

CEO Compensation
  • Ian's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ian's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Capital & Counties Properties management team in years:

7.8
Average Tenure
52
Average Age
  • The average tenure for the Capital & Counties Properties management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ian Hawksworth

TITLE
CEO & Executive Director
COMPENSATION
£991K
AGE
53
TENURE
9.3 yrs

Situl Jobanputra

TITLE
CFO & Executive Director
COMPENSATION
£614K
AGE
44
TENURE
2.3 yrs

Gary Yardley

TITLE
MD, Chief Investment Officer & Executive Director
COMPENSATION
£891K
AGE
52
TENURE
9.3 yrs

Sarah Corbett

TITLE
Head of Investor Relations

Anne Byrne

TITLE
General Counsel & Director of Corporate Services
TENURE
6.3 yrs

Sarah Hagan

TITLE
Director of Communications & Marketing

Nigel Nathan

TITLE
Group Managing Director of Earls Court & Olympia

Ruth Pavey

TITLE
Company Secretary

Leigh McCaveny

TITLE
Deputy Company Secretary

Gavin Mitchell

TITLE
Director of Project Management
Board of Directors Tenure

Average tenure and age of the Capital & Counties Properties board of directors in years:

2.8
Average Tenure
59
Average Age
  • The average tenure for the Capital & Counties Properties board of directors is less than 3 years, this suggests a new board.
Board of Directors

Henry Staunton

TITLE
Chairman
COMPENSATION
£203K
AGE
70
TENURE
0.9 yrs

Ian Hawksworth

TITLE
CEO & Executive Director
COMPENSATION
£991K
AGE
53
TENURE
9.3 yrs

Situl Jobanputra

TITLE
CFO & Executive Director
COMPENSATION
£614K
AGE
44
TENURE
2.3 yrs

Gary Yardley

TITLE
MD, Chief Investment Officer & Executive Director
COMPENSATION
£891K
AGE
52
TENURE
9.3 yrs

J. Murphy

TITLE
Senior Independent Director
COMPENSATION
£89K
AGE
65
TENURE
0.9 yrs

Charlotte Boyle

TITLE
Independent Non-Executive Director
COMPENSATION
£74K
TENURE
1.6 yrs

Andrew Strang

TITLE
Independent Non-Executive Director
COMPENSATION
£73K
AGE
65
TENURE
9.3 yrs

Anthony Steains

TITLE
Independent Non-Executive Director
COMPENSATION
£95K
AGE
51
TENURE
3.2 yrs

Jonathan Lane

TITLE
Independent Non-Executive Director
AGE
73
TENURE
0.2 yrs

G. Fine

TITLE
Alternate Director
TENURE
9.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Capital & Counties Properties's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Capital & Counties Properties has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CCPP.F News

Simply Wall St News

CCPP.F Company Info

Description

Capital & Counties Properties PLC, a property company, invests in, develops, and manages real estate properties in the United Kingdom. Its principal properties include Covent Garden, a retail and dining destination in London; and Earls Court, a mixed-use development estate in London. The company was founded in 2010 and is headquartered in London, the United Kingdom.

Details
Name: Capital & Counties Properties PLC
CCPP.F
Exchange: OTCPK
Founded: 2010
£2,380,865,983
850,882,055
Website: http://www.capitalandcounties.com
Address: Capital & Counties Properties PLC
15 Grosvenor Street,
London,
Greater London, W1K 4QZ,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE CAPC Ordinary Shares London Stock Exchange GB GBP 10. May 2010
OTCPK CCPP.F Ordinary Shares Pink Sheets LLC US USD 10. May 2010
JSE CCO Ordinary Shares The Johannesburg Securities Exchange ZA ZAR 10. May 2010
BATS-CHIXE CAPCL Ordinary Shares BATS 'Chi-X Europe' GB GBP 10. May 2010
Number of employees
Current staff
Staff numbers
95
Capital & Counties Properties employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 00:46
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2019/05/20
Last earnings filing: 2019/03/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.