Primary Health Properties (PHP)

Sector:

Property Investment Trusts

Index:

FTSE 250

91.85p
   
  • Change Today:
      0.85p
  • 52 Week High: 107.00
  • 52 Week Low: 85.50
  • Currency: UK Pounds
  • Volume: 1,995,580
  • RiskGrade: 84

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Q1 Dividend1.68p1.62p1.55p1.48p1.40p
Q2 Dividend1.68p1.62p1.55p1.48p1.40p
Q3 Dividend1.68p1.62p1.55p1.48p1.40p
Q4 Dividend1.68p1.62p1.55p1.48p1.40p
Total Dividend6.70p6.50p6.20p5.90p5.60p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 169.80 154.10 145.60 139.00 121.30
Operating Profit/(Loss) 84.30 70.40 236.70 169.40 4.60
Net Interest (45.00) (40.30) (35.10) (41.80) (41.20)
Profit Before Tax 26.10 56.90 141.60 112.40 (70.20)
Profit After Tax 27.30 56.30 140.10 112.00 (71.30)
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 27.30 56.30 140.10 112.00 (71.30)
Attributable to:          
Equity Holders of Parent Company 27.30 56.30 140.10 112.00 (71.30)
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 2.00p 4.20p 10.50p 8.80p (6.50p)
Earnings per Share - Diluted 2.00p 2.20p 9.80p 8.70p (6.50p)
Earnings per Share - Adjusted 6.80p 6.60p 6.20p 5.80p 5.50p
Continuing and Discontinued EPS          
Earnings per Share - Basic 2.00p 4.20p 10.50p 8.80p (6.50p)
Earnings per Share - Diluted 2.00p 2.20p 9.80p 8.70p (6.50p)
Earnings per Share - Adjusted 6.80p 6.60p 6.20p 5.80p 5.50p
           
Dividend per Share 6.70p 6.50p 6.20p 5.90p 5.60p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 0.50 0.40 0.30 n/a n/a
Intangible Assets 6.20 n/a n/a n/a n/a
Investment Properties 2,779.30 2,796.30 2,795.90 2,576.10 2,413.10
Investments n/a n/a n/a n/a n/a
Other Financial Assets 0.90 19.60 5.20 n/a n/a
Other Non-Current Assets n/a n/a n/a n/a 0.50
  2,786.90 2,816.30 2,801.40 2,576.10 2,413.60
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 24.90 17.80 17.60 17.40 16.70
Cash at Bank & in Hand 3.20 29.10 33.40 103.60 143.10
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 11.90 1.30 0.70 n/a n/a
  40.00 48.20 51.70 121.00 159.80
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,826.90 2,864.50 2,853.10 2,697.10 2,573.40
           
Liabilities          
Current Liabilities          
Borrowings 2.40 2.30 2.20 6.40 6.10
Other Current Liabilities 68.80 61.80 68.30 61.70 59.90
  71.20 64.10 70.50 68.10 66.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 1,323.90 1,300.30 1,277.50 1,211.00 1,262.30
Provisions 3.80 5.40 4.40 3.50 3.10
Other Non-Current Liabilities 4.10 12.50 0.80 0.10 13.50
  1,331.80 1,318.20 1,282.70 1,214.60 1,278.90
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,403.00 1,382.30 1,353.20 1,282.70 1,344.90
           
Net Assets 1,423.90 1,482.20 1,499.90 1,414.40 1,228.50
           
Capital & Reserves          
Share Capital 167.10 167.10 166.60 164.40 152.00
Share Premium Account 479.40 479.40 474.90 466.70 338.10
Other Reserves 408.30 405.60 397.90 380.70 439.90
Retained Earnings 369.10 430.10 460.50 402.60 298.50
Shareholders Funds 1,423.90 1,482.20 1,499.90 1,414.40 1,228.50
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 1,423.90 1,482.20 1,499.90 1,414.40 1,228.50
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 133.60 117.60 140.40 118.90 94.00
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (44.60) (45.80) (146.40) (100.90) (55.80)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (114.90) (76.80) (63.60) (58.10) 100.70
Net Increase/Decrease In Cash (25.90) (5.00) (69.60) (40.10) 138.90
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 15.3 16.8 24.4 26.3 29.1
PEG - Adjusted 5.1 2.8 3.5 4.4 4.8
Earnings per Share Growth - Adjusted 3% 6% 7% 6% 6%
Dividend Cover 1.01 1.02 1.00 0.98 0.98
Revenue per Share 12.71p 11.54p 0.11p 10.98p 11.11p
Pre-Tax Profit per Share 1.95p 4.26p 0.11p 8.88p (6.43p)
Operating Margin 49.65% 45.68% 162.57% 121.87% 3.79%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 15.3 16.8 2,419.2 26.3 29.1
PEG - Adjusted 5.1 0.0 n/a 4.4 4.8
Earnings per Share Growth - Adjusted 3% 10,446% -99% 6% 6%
Dividend Cover 1.01 1.02 0.01 0.98 0.98
           
Dividend Yield 6.5% 5.9% 4.1% 3.9% 3.5%
Dividend per Share Growth 3.08% 4.84% 5.08% 5.36% 3.70%
Operating Cash Flow per Share 10.00p 8.81p 10.55p 9.39p 8.61p
Cash Incr/Decr per Share (1.94p) (0.38p) (0.053p) (3.17p) 12.72p
Net Asset Value per Share (exc. Intangibles) 106.08p 111.04p 112.74p 111.69p 112.50p
Net Gearing 92.92% 85.92% 83.09% 78.75% 91.60%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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