Hammerson Valuation

Is HMN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
R32.97
Fair Value
96.0% overvalued intrinsic discount
14
Number of Analysts


Key Valuation Metric

Which metric is best to use when looking at relative valuation for HMN?

Key metric:

The above table shows the Price to Sales ratio for HMN. This is calculated by dividing HMN's market cap by their current revenue.
What is HMN's PS Ratio?
PS Ratio6x
SalesUK£229.90m
Market CapUK£1.38b

Price to Sales Ratio vs Peers

How does HMN's PS Ratio compare to its peers?

The above table shows the PS ratio for HMN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.8x
VKE Vukile Property Fund
5.1x2.2%R21.1b
HYP Hyprop Investments
3.7x5.4%R16.5b
RES Resilient REIT
3.2x-9.3%R19.4b
DIB Dipula Income Fund
3.2x-13.2%R4.8b
HMN Hammerson
6x2.2%R1.4b


Price to Sales Ratio vs Industry

How does HMN's PS Ratio compare vs other companies in the Global Retail REITs Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
HMN 6.0xIndustry Avg. 6.1xNo. of Companies17PS03.26.49.612.816+
4 CompaniesEstimated GrowthMarket Cap
No more companies


Price to Sales Ratio vs Fair Ratio

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

HMN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6x
Fair PS Ratio7.1x


Analyst Price Targets

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

Analyst Price Target
Consensus Narrative from 14 Analysts
R69.08
Fair Value
6.5% undervalued intrinsic discount
14
Number of Analysts


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/23 19:43
End of Day Share Price 2025/01/23 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Hammerson Plc is covered by 33 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alda Kule DaleAlphaValue
Pierre-Yves GauthierAlphaValue
Kyle RollinsonArqaam Capital Research Offshore S.A.L.