Company Valuation: Ground Rents Income Fund PLC

Data adjusted to current consolidation scope
Fiscal Period: September 2020 2021 2022 2023 2024 2025
Market Cap 1 78.58 71.35 47.79 35.49 23.92 24.87
Change - -9.19% -33.03% -25.73% -32.61% 4%
Enterprise Value (EV) 1 95.12 89.34 66.6 54.74 37.72 28.75
Change - -6.08% -25.45% -17.8% -31.09% -23.78%
P/E -49.4x 62.5x -6.37x -31.6x -0.8x -5.76x
PBR 0.77x 0.72x 0.54x 0.41x 0.42x 0.48x
PEG - -0x 0x 0.4x -0x 0.1x
Capitalization / Revenue 13x 12.5x 8.54x 6.2x 3.8x 4.18x
EV / Revenue 15.7x 15.7x 11.9x 9.56x 6x 4.83x
EV / EBITDA - - - - - -
EV / EBIT 25.3x 23.5x 18.8x 21.9x 16.2x 14.2x
EV / FCF 37x 54.7x 34.3x 347x 23.7x -589x
FCF Yield 2.7% 1.83% 2.91% 0.29% 4.22% -0.17%
Dividend per Share 2 0.0396 0.0372 0.03 0.005 - -
Rate of return 4.89% 5.04% 6.01% 1.35% - -
EPS 2 -0.0164 0.0118 -0.0784 -0.0118 -0.3106 -0.0451
Distribution rate -241% 315% -38.3% -42.5% - -
Net sales 1 6.066 5.694 5.596 5.724 6.291 5.953
EBITDA - - - - - -
EBIT 1 3.762 3.798 3.55 2.498 2.334 2.028
Net income 1 -1.586 1.193 -7.52 -1.125 -29.71 -4.319
Net Debt 1 16.54 17.99 18.81 19.25 13.81 3.881
Reference price 2 0.8100 0.7375 0.4995 0.3710 0.2500 0.2600
Nbr of stocks (in thousands) 97,006 96,746 95,668 95,668 95,668 95,668
Announcement Date 03/03/21 17/12/21 06/06/23 04/07/24 15/01/25 10/12/25
1GBP in Million2GBP
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 21.72M
24.28x13.28x15.59x5.24% 15.89B
23.9x14.45x15.92x4.1% 6.74B
8.59x13.6x17.65x6.44% 6.49B
14.18x14.58x15.56x5.12% 6.39B
9.93x17.08x20.65x7.76% 6.17B
10.66x14.78x15.86x6.89% 5.9B
8.56x13.68x17.63x5.9% 5.71B
11.57x11.2x12.76x5.63% 4.68B
Average 13.96x 14.08x 16.45x 5.88% 6.44B
Weighted average by Cap. 15.88x 14.03x 16.39x 5.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. GRIO Stock
  4. Valuation Ground Rents Income Fund PLC