How does AHR's PE Ratio compare to its peers?

AHR is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the peer average (14.9x).

How does AHR's PE Ratio compare vs other companies in the Global Health Care REITs Industry?

AHR is good value based on its Price-To-Earnings Ratio (17.8x) compared to the Global Health Care REITs industry average (24.9x).

What is AHR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate AHR's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of AHR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

AHR (ZAR8.99) is trading above our estimate of [[fair value]] (ZAR3.94)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

AHR Stock Overview

AHR fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	1/6
Financial Health	2/6
Dividends	5/6

Rewards

Price-To-Earnings ratio (17.8x) is below the Health Care REITs industry average (24.9x)

Earnings are forecast to grow 19.57% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 32.8%

Risk Analysis

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Shareholders have been diluted in the past year

Dividend of 9.3% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Assura Plc Competitors

Redefine Properties

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R29.0b

Vukile Property Fund

JSE:VKE

R20.9b

Growthpoint Properties

JSE:GRT

R41.5b

Hyprop Investments

JSE:HYP

R17.3b

Price History & Performance

Summary of share price highs, lows and changes for Assura
Historical stock prices
Current Share Price	UK£8.99
52 Week High	UK£10.00
52 Week Low	UK£8.69
Beta	0.36
1 Month Change	-10.10%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-2.28%

Recent updates

Shareholder Returns

	AHR	ZA Health Care REITs	ZA Market
7D	1.2%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how AHR performed against the ZA Health Care REITs industry.

Return vs Market: Insufficient data to determine how AHR performed against the ZA Market.

Price Volatility

Is AHR's price volatile compared to industry and market?
AHR volatility
AHR Average Weekly Movement	4.5%
Health Care REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in ZA Market	0%
10% least volatile stocks in ZA Market	0%

Stable Share Price: AHR has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: Insufficient data to determine AHR's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2003	84	Jonathan Murphy	www.assuraplc.com

Assura plc is a national healthcare premises specialist and UK REIT based in Altrincham, UK - caring for more than 600 primary healthcare buildings, from which over six million patients are served. A constituent of the FTSE 250 and the EPRA indices, as at 30 September 2023, Assura's portfolio was valued at £2.7 billion. At Assura, we BUILD for health.

Assura Plc Fundamentals Summary

How do Assura's earnings and revenue compare to its market cap?
AHR fundamental statistics
Market cap	R27.25b
Earnings (TTM)	R1.53b
Revenue (TTM)	R3.81b

17.8x

P/E Ratio

7.1x

P/S Ratio

Is AHR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AHR income statement (TTM)
Revenue	UK£164.40m
Cost of Revenue	UK£15.20m
Gross Profit	UK£149.20m
Other Expenses	UK£83.10m
Earnings	UK£66.10m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.02
Gross Margin	90.75%
Net Profit Margin	40.21%
Debt/Equity Ratio	99.7%

How did AHR perform over the long term?

See historical performance and comparison

Dividends

9.3%

Current Dividend Yield

81%

Payout Ratio

Does AHR pay a reliable dividends?

See AHR dividend history and benchmarks

When do you need to buy AHR by to receive an upcoming dividend?
Assura dividend dates
Ex Dividend Date	Dec 11 2024
Dividend Pay Date	Jan 15 2025
Days until Ex dividend	34 days
Days until Dividend pay date	1 day

Does AHR pay a reliable dividends?

See AHR dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/13 09:42
End of Day Share Price	2025/01/13 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Assura Plc is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kanad Mitra	Barclays
Miranda Cockburn	Berenberg
Tom Horne	Berenberg

Assura JSE:AHR Stock Report