Financials Picton Property Income Limited

Equities

PCTN

GB00B0LCW208

Commercial REITs

Market Closed - London S.E. 11:35:11 2024-05-03 am EDT 5-day change 1st Jan Change
67.5 GBX +1.96% Intraday chart for Picton Property Income Limited +5.14% -2.46%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 477 485.5 468.1 536.8 377.8 368 - -
Enterprise Value (EV) 1 668 648.3 629 737 580.5 569.6 548.1 548.6
P/E ratio 15.5 x 21.7 x 13.8 x 3.64 x -4.2 x 41.2 x 16.7 x 15.8 x
Yield 3.95% 3.93% 3.26% 3.46% 5.05% 5.19% 5.41% 5.6%
Capitalization / Revenue 12.5 x 14.4 x 14 x 15.1 x 10.4 x 10 x 9.8 x 9.6 x
EV / Revenue 17.4 x 19.3 x 18.8 x 20.8 x 16 x 15.5 x 14.6 x 14.3 x
EV / EBITDA - - 22.4 x - 19.2 x 19.7 x 18.7 x 18.7 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 538,984 545,502 545,553 546,131 545,217 545,225 - -
Reference price 2 0.8850 0.8900 0.8580 0.9830 0.6930 0.6750 0.6750 0.6750
Announcement Date 5/22/19 6/23/20 5/27/21 5/26/22 5/25/23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 38.3 33.64 33.45 35.44 36.25 36.73 37.57 38.33
EBITDA 1 - - 28.07 - 30.3 28.94 29.24 29.32
EBIT 1 32.46 28.07 28.07 29.69 30.3 30.45 31.45 32.2
Operating Margin 84.75% 83.46% 83.89% 83.76% 83.57% 82.89% 83.72% 84%
Earnings before Tax (EBT) 1 31.41 22.38 33.8 147 -89.53 -5.1 34.75 36.3
Net income 1 30.96 22.51 33.8 147 -89.53 -5.1 37.13 36.23
Net margin 80.82% 66.91% 101.04% 414.69% -246.98% -13.88% 98.85% 94.52%
EPS 2 0.0570 0.0410 0.0620 0.2700 -0.1650 0.0164 0.0403 0.0427
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.0350 0.0350 0.0280 0.0340 0.0350 0.0350 0.0365 0.0378
Announcement Date 5/22/19 6/23/20 5/27/21 5/26/22 5/25/23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2024 S1
Net sales - -
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 - -1.408
Net margin - -
EPS 2 - -0.003000
Dividend per Share 0.0175 -
Announcement Date 11/12/19 11/14/23
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 191 163 161 200 203 202 180 181
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - 5.732 x - 6.691 x 6.964 x 6.157 x 6.157 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) - - - - - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 - - - - - 0.0400 0.0400 0.0400
Capex - 8.86 4.96 9.55 - - - -
Capex / Sales - 26.34% 14.83% 26.95% - - - -
Announcement Date 5/22/19 6/23/20 5/27/21 5/26/22 5/25/23 - - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
0.662 GBP
Average target price
0.825 GBP
Spread / Average Target
+24.62%
Consensus

Annual profits - Rate of surprise

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