Financials Urban Logistics REIT plc

Equities

PILR

GB00BYV8MN78

Commercial REITs

Delayed London S.E. 03:49:19 2024-04-29 am EDT 5-day change 1st Jan Change
112.6 GBX +0.72% Intraday chart for Urban Logistics REIT plc +1.08% -11.62%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 101.7 220.7 377.5 899.1 604.1 527.7 - -
Enterprise Value (EV) 1 101.7 163.1 523.1 1,020 920.7 839.5 850 864.1
P/E ratio 5.25 x 11.8 x 6.81 x 3.9 x - - - -
Yield 6.03% 6.5% 5.14% 3.99% 5.94% 6.8% 6.98% 7.2%
Capitalization / Revenue 9.44 x 17.5 x 15.6 x 24.6 x 11.4 x 9.12 x 8.77 x 8.49 x
EV / Revenue 9.44 x 12.9 x 21.6 x 27.9 x 17.4 x 14.5 x 14.1 x 13.9 x
EV / EBITDA - - - 38.6 x 19.2 x 17.6 x 17 x 16.5 x
EV / FCF - -36 x - - - -420 x 425 x 288 x
FCF Yield - -2.78% - - - -0.24% 0.24% 0.35%
Price to Book - - 0.97 x 1.01 x - - - -
Nbr of stocks (in thousands) 87,691 188,616 255,046 471,975 471,975 471,975 - -
Reference price 2 1.160 1.170 1.480 1.905 1.280 1.118 1.118 1.118
Announcement Date 5/24/19 5/29/20 6/9/21 6/23/22 6/22/23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 10.77 12.6 24.18 36.5 53 57.87 60.2 62.13
EBITDA 1 - - - 26.39 47.84 47.77 50 52.37
EBIT 1 - 6.465 18.51 26.3 47.71 49 53 56
Operating Margin - 51.31% 76.54% 72.05% 90.02% 84.68% 88.04% 90.13%
Earnings before Tax (EBT) - 9.36 47.6 171.8 -82.66 - - -
Net income 1 - 9.36 47.6 171.8 - 40.1 55.2 67.1
Net margin - 74.28% 196.86% 470.61% - 69.3% 91.69% 107.99%
EPS 0.2210 0.0995 0.2172 0.4886 - - - -
Free Cash Flow 1 - -4.532 - - - -2 2 3
FCF margin - -35.97% - - - -3.46% 3.32% 4.83%
FCF Conversion (EBITDA) - - - - - - 4% 5.73%
FCF Conversion (Net income) - - - - - - 3.62% 4.47%
Dividend per Share 2 0.0700 0.0760 0.0760 0.0760 0.0760 0.0760 0.0780 0.0805
Announcement Date 5/24/19 5/29/20 6/9/21 6/23/22 6/22/23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 S1 2023 S1 2024 S1
Net sales - - - - -
EBITDA - - - - -
EBIT - - - - -
Operating Margin - - - - -
Earnings before Tax (EBT) - - - - -
Net income - - - - -
Net margin - - - - -
EPS 1 - - - - 0.0357
Dividend per Share 1 0.0375 0.0325 0.0325 0.0325 0.0325
Announcement Date 11/14/19 11/12/20 11/11/21 11/11/22 11/9/23
1GBP
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 146 121 317 312 322 336
Net Cash position 1 - 57.6 - - - - - -
Leverage (Debt/EBITDA) - - - 4.567 x 6.618 x 6.528 x 6.447 x 6.424 x
Free Cash Flow 1 - -4.53 - - - -2 2 3
ROE (net income / shareholders' equity) - - - 2.97% - 4.4% 4.7% 4.8%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - 1.520 1.890 - - - -
Cash Flow per Share - - - - - - - -
Capex 1 - - - 44.8 - 12 5 5
Capex / Sales - - - 122.61% - 20.74% 8.31% 8.05%
Announcement Date 5/24/19 5/29/20 6/9/21 6/23/22 6/22/23 - - -
1GBP in Million
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
4
Last Close Price
1.118 GBP
Average target price
1.477 GBP
Spread / Average Target
+32.08%
Consensus

Annual profits - Rate of surprise

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