Financials Picton Property Income Limited

Equities

PCTN

GB00B0LCW208

Commercial REITs

Market Closed - London S.E. 16:35:05 25/06/2024 BST 5-day change 1st Jan Change
68.7 GBX +0.15% Intraday chart for Picton Property Income Limited +3.15% -0.72%

Valuation

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 485.5 468.1 536.8 377.8 355.5 374.6 -
Enterprise Value (EV) 1 648.3 629 737 580.5 355.5 549.4 550.3
P/E ratio 21.7 x 13.8 x 3.64 x -4.2 x -72.4 x 9.15 x 9.15 x
Yield 3.93% 3.26% 3.46% 5.05% - 5.34% 5.6%
Capitalization / Revenue 14.4 x 14 x 15.1 x 10.4 x 9.38 x 9.93 x 9.7 x
EV / Revenue 19.3 x 18.8 x 20.8 x 16 x 9.38 x 14.6 x 14.2 x
EV / EBITDA - 22.4 x - 19.2 x 11.6 x 18.8 x 18.8 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - - - - - - -
Nbr of stocks (in thousands) 545,502 545,553 546,131 545,217 545,225 545,213 -
Reference price 2 0.8900 0.8580 0.9830 0.6930 0.6520 0.6870 0.6870
Announcement Date 23/06/20 27/05/21 26/05/22 25/05/23 23/05/24 - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026
Net sales 1 33.64 33.45 35.44 36.25 37.89 37.73 38.63
EBITDA 1 - 28.07 - 30.3 30.67 29.2 29.3
EBIT 1 28.07 28.07 29.69 30.3 30.67 31.75 32.7
Operating Margin 83.46% 83.89% 83.76% 83.57% 80.95% 84.14% 84.64%
Earnings before Tax (EBT) 1 22.38 33.8 147 -89.53 -4.789 44.25 45.15
Net income 1 22.51 33.8 147 -89.53 -4.789 43.47 42.13
Net margin 66.91% 101.04% 414.69% -246.98% -12.64% 115.19% 109.06%
EPS 2 0.0410 0.0620 0.2700 -0.1650 -0.009000 0.0751 0.0751
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.0350 0.0280 0.0340 0.0350 - 0.0367 0.0385
Announcement Date 23/06/20 27/05/21 26/05/22 25/05/23 23/05/24 - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 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 -
Announcement Date 14/11/23
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 163 161 200 203 - 175 176
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 5.732 x - 6.691 x - 5.986 x 5.998 x
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - - - - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex 8.86 4.96 9.55 - - - -
Capex / Sales 26.34% 14.83% 26.95% - - - -
Announcement Date 23/06/20 27/05/21 26/05/22 25/05/23 23/05/24 - -
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
3
Last Close Price
0.687 GBP
Average target price
0.825 GBP
Spread / Average Target
+20.09%
Consensus

Annual profits - Rate of surprise

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