HAMMERSON PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 26.98 GBX | +1.20% |
|
+1.12% | -5.00% |
| 04-26 | Fitch Affirms Hammerson's Ratings on Strong Operating Performance | MT |
| 03-27 | Moody's Lifts Hammerson Outlook to Positive, Affirms Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,361 | 1,008 | 1,447 | 1,188 | 1,411 | 1,346 | - | - |
| Enterprise Value (EV) 1 | 5,161 | 3,208 | 3,266 | 2,920 | 1,411 | 2,570 | 2,520 | 2,570 |
| P/E ratio | -3.02 x | -0.32 x | -3.35 x | -7.21 x | -28.4 x | -30.6 x | 15.9 x | 5.22 x |
| Yield | 8.39% | 1.61% | 1.22% | 0.84% | - | 5.3% | 5.5% | 5.59% |
| Capitalization / Revenue | 6.54 x | 3.51 x | 5.99 x | 5.52 x | 6.77 x | 6.87 x | 6.95 x | 6.91 x |
| EV / Revenue | 14.3 x | 11.2 x | 13.5 x | 13.6 x | 6.77 x | 13.1 x | 13 x | 13.2 x |
| EV / EBITDA | 16.1 x | 20.2 x | 22.3 x | 17.5 x | 8.5 x | 15.2 x | 14.3 x | 13.8 x |
| EV / FCF | 40.5 x | -21.3 x | -22.2 x | 88 x | - | 39.3 x | 36.4 x | - |
| FCF Yield | 2.47% | -4.69% | -4.51% | 1.14% | - | 2.55% | 2.75% | - |
| Price to Book | 0.54 x | 0.17 x | 0.53 x | 0.45 x | - | 0.56 x | 0.55 x | 0.51 x |
| Nbr of stocks (in thousands) | 152,957 | 4,057,070 | 4,411,304 | 4,992,284 | 4,969,062 | 4,989,257 | - | - |
| Reference price 2 | 15.44 | 0.2485 | 0.3280 | 0.2380 | 0.2840 | 0.2698 | 0.2698 | 0.2698 |
| Announcement Date | 25/02/20 | 12/03/21 | 04/03/22 | 09/03/23 | 29/02/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 361 | 286.9 | 241.6 | 215.2 | 208.4 | 195.9 | 193.8 | 194.7 |
| EBITDA 1 | 320.5 | 158.5 | 146.4 | 166.4 | 166 | 169.6 | 175.9 | 186.3 |
| EBIT 1 | 306 | 132.4 | 154.3 | 159.4 | 163 | 170.4 | 172.2 | 158.8 |
| Operating Margin | 84.76% | 46.15% | 63.87% | 74.07% | 78.21% | 86.95% | 88.85% | 81.54% |
| Earnings before Tax (EBT) 1 | -573.8 | -1,734 | -408 | -163.7 | -50.6 | 85.7 | 92.8 | 178.4 |
| Net income 1 | -781.2 | -1,735 | -429.1 | -164.2 | -51.4 | 45.73 | 53.26 | 177.8 |
| Net margin | -216.4% | -604.67% | -177.61% | -76.3% | -24.66% | 23.34% | 27.49% | 91.3% |
| EPS 2 | -5.105 | -0.7690 | -0.0980 | -0.0330 | -0.0100 | -0.008820 | 0.0170 | 0.0517 |
| Free Cash Flow 1 | 127.4 | -150.5 | -147.3 | 33.2 | - | 65.45 | 69.27 | - |
| FCF margin | 35.29% | -52.46% | -60.97% | 15.43% | - | 33.4% | 35.75% | - |
| FCF Conversion (EBITDA) | 39.75% | - | - | 19.95% | - | 38.58% | 39.38% | - |
| FCF Conversion (Net income) | - | - | - | - | - | 143.13% | 130.05% | - |
| Dividend per Share 2 | 1.295 | 0.004000 | 0.004000 | 0.002000 | - | 0.0143 | 0.0148 | 0.0151 |
| Announcement Date | 25/02/20 | 12/03/21 | 04/03/22 | 09/03/23 | 29/02/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 179.6 | 144.3 | 142.6 | 122.4 | 119.2 | 103.8 | 111.4 | 106.3 | 102.1 | 99.14 | 95.04 | 95.04 | 94.08 |
| EBITDA | - | - | - | 61.8 | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | 65.7 | - | 59.8 | 94.5 | 80.4 | 79 | 81 | 82 | 72.62 | 83.75 | 71.5 | 85.46 |
| Operating Margin | - | 45.53% | - | 48.86% | 79.28% | 77.46% | 70.92% | 76.2% | 80.31% | 73.25% | 88.12% | 75.23% | 90.84% |
| Earnings before Tax (EBT) | - | -1,090 | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | -1,088 | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | -754.26% | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | 0.002000 | - | 0.002000 | - | 0.007200 | - | - | - | - | - |
| Announcement Date | 25/02/20 | 06/08/20 | 12/03/21 | 05/08/21 | 04/03/22 | 28/07/22 | 09/03/23 | 27/07/23 | 29/02/24 | - | - | - | - |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,800 | 2,200 | 1,819 | 1,732 | - | 1,224 | 1,174 | 1,224 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 8.736 x | 13.88 x | 12.43 x | 10.41 x | - | 7.217 x | 6.676 x | 6.568 x |
| Free Cash Flow 1 | 127 | -151 | -147 | 33.2 | - | 65.4 | 69.3 | - |
| ROE (net income / shareholders' equity) | 4.36% | 0.96% | 2.72% | 3.77% | - | 4.51% | 5.04% | 4.5% |
| ROA (Net income/ Total Assets) | 2.64% | 0.55% | 1.5% | 2.13% | - | - | - | - |
| Assets 1 | -29,637 | -314,218 | -28,696 | -7,713 | - | - | - | - |
| Book Value Per Share 2 | 28.60 | 1.420 | 0.6200 | 0.5200 | - | 0.4900 | 0.4900 | 0.5300 |
| Cash Flow per Share 2 | 1.090 | -0.0400 | -0.0200 | 0.0100 | - | 0.0200 | 0.0200 | 0.0200 |
| Capex 1 | 79.9 | 68.1 | 77 | 36.4 | - | 60 | 72.5 | - |
| Capex / Sales | 22.13% | 23.74% | 31.87% | 16.91% | - | 30.62% | 37.41% | - |
| Announcement Date | 25/02/20 | 12/03/21 | 04/03/22 | 09/03/23 | 29/02/24 | - | - | - |
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
A-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
0.2698
GBP
Average target price
0.2657
GBP
Spread / Average Target
-1.52%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -5.00% | 1.68B | |
| -6.46% | 46.25B | |
| -8.31% | 20.33B | |
| -3.56% | 13.07B | |
| +16.05% | 11.53B | |
| -4.85% | 9.68B | |
| -0.83% | 8.48B | |
| -14.19% | 8.38B | |
| +1.38% | 7.63B | |
| -18.42% | 5.53B |
- Stock Market
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- Financials Hammerson plc
