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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 0.7x - 0.7x | 0.7x |
Historical Pb Multiple | 0.6x - 0.7x | 0.6x |
Fair Value | €0.79 - €0.87 | €0.83 |
Upside | -0.4% - 10.1% | 4.9% |
Benchmarks | - | Full Ticker |
Hammerson Plc | - | LSE:HMSO |
Shaftesbury Capital PLC | - | LSE:SHC |
Supermarket Income REIT plc | - | LSE:SUPR |
Safestore Holdings Plc | - | LSE:SAFE |
Helical plc | - | LSE:HLCL |
NewRiver REIT plc | 8,700.0% | DB:087 |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
HMSO | SHC | SUPR | SAFE | HLCL | 87 | |||
LSE:HMSO | LSE:SHC | LSE:SUPR | LSE:SAFE | LSE:HLCL | DB:087 | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | NM- | NM- | 23.0% | -6.3% | NM- | ||
3Y CAGR | NM- | 93.5% | NM- | -0.9% | -32.0% | 50.2% | ||
Latest Twelve Months | 32.3% | -66.4% | 1874.1% | 11.6% | 114.7% | 690.0% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -252.6% | -146.1% | 37.8% | 155.5% | -64.9% | -54.3% | ||
Prior Fiscal Year | -30.3% | 384.2% | -122.3% | 89.3% | -501.6% | 4.6% | ||
Latest Fiscal Year | -22.3% | 108.9% | -19.8% | 166.7% | 83.9% | 26.2% | ||
Latest Twelve Months | -22.3% | 108.9% | 61.8% | 129.9% | 83.9% | 26.2% | ||
Return on Equity | ||||||||
5 Year Average Margin | -15.9% | -2.1% | 3.2% | 20.8% | -5.3% | -6.5% | ||
Prior Fiscal Year | -2.6% | 29.8% | -10.9% | 10.7% | -37.6% | 0.8% | ||
Latest Twelve Months | -2.1% | 7.0% | 6.2% | 13.7% | 6.8% | 5.6% | ||
Next Fiscal Year | 5.2% | 2.3% | 6.7% | 3.9% | 1.6% | 7.8% | ||
Two Fiscal Years Forward | 5.6% | 2.5% | 6.9% | 4.0% | 1.8% | 7.4% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 7.1x | 12.5x | 8.6x | 6.5x | 8.5x | 3.8x | ||
Price / LTM EPS | -31.9x | 11.5x | 14.0x | 5.0x | 10.2x | 14.4x | ||
Price / Book | 0.8x | 0.8x | 0.9x | 0.7x | 0.7x | 0.7x | ||
Price / Fwd Book | 0.8x | 0.8x | 0.9x | 0.7x | 0.7x | 0.6x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 0.7x | 0.8x | 0.9x | |||||
Historical P/B Ratio | 0.6x | 0.6x | 0.7x | |||||
Selected P/B Multiple | 0.7x | 0.7x | 0.7x | |||||
(x) Book Value | 490 | 490 | 490 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | HMSO | SHC | SUPR | SAFE | HLCL | 87 | |
Value of Common Equity | 1,440 | 2,882 | 985 | 1,479 | 289 | 327 | |
(/) Shares Outstanding | 480.0 | 1,821.7 | 1,246.2 | 218.4 | 123.3 | 475.5 | |
Implied Stock Price | 3.00 | 1.58 | 0.79 | 6.77 | 2.34 | 0.69 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.87 | |
Implied Stock Price (Trading Cur) | 3.00 | 1.58 | 0.79 | 6.77 | 2.34 | 0.79 | |
Trading Currency | GBP | GBP | GBP | GBP | GBP | EUR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.87 |