Picton Property Income Ltd (PCTN)

Sector:

Real Estate

Index:

FTSE Small Cap

67.50p
   
  • Change Today:
      1.30p
  • 52 Week High: 79.40
  • 52 Week Low: 60.30
  • Currency: UK Pounds
  • Shares Issued: 545.22m
  • Volume: 682,527
  • Market Cap: £368.02m

Dividend Data

  31-Mar-2331-Mar-2231-Mar-2131-Mar-2031-Mar-19
Q1 Dividend0.88p0.85p0.62p0.88p1.00p
Q2 Dividend0.88p0.85p0.70p0.88p1.00p
Q3 Dividend0.88p0.88p0.80p0.88p1.00p
Q4 Dividend0.88p0.88p0.80p0.62p1.00p
Total Dividend3.50p3.45p2.92p3.25p3.50p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
Revenue 51.82 46.54 43.33 45.66 47.73
Operating Profit/(Loss) (80.52) 159.53 41.80 28.07 43.75
Net Interest (9.01) (12.55) (7.99) (8.29) (9.09)
Profit Before Tax (89.53) 146.99 33.80 22.38 31.41
Profit After Tax (89.53) 146.99 33.80 22.51 30.95
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (89.53) 146.99 33.80 22.51 30.95
Attributable to:          
Equity Holders of Parent Company (89.53) 146.99 33.80 22.51 30.95
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (16.50p) 27.00p 6.20p 4.10p 5.70p
Earnings per Share - Diluted (16.50p) 26.90p 6.20p 4.10p 5.70p
Earnings per Share - Adjusted (16.50p) 27.00p 6.20p 4.10p 5.70p
Continuing and Discontinued EPS          
Earnings per Share - Basic (16.50p) 27.00p 6.20p 4.10p 5.70p
Earnings per Share - Diluted (16.50p) 26.90p 6.20p 4.10p 5.70p
Earnings per Share - Adjusted (16.50p) 27.00p 6.20p 4.10p 5.70p
           
Dividend per Share 3.50p 3.40p 2.92p 3.25p 3.50p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 3.41 4.38 4.11 0.02 0.03
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 746.34 830.03 665.42 654.49 676.10
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets n/a n/a n/a n/a n/a
  749.76 834.41 669.53 654.51 676.13
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 22.75 22.85 19.58 17.60 14.31
Cash at Bank & in Hand 20.05 38.55 23.36 23.57 25.17
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a n/a n/a
  42.80 61.40 42.94 41.17 39.48
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 792.56 895.81 712.47 695.67 715.60
           
Liabilities          
Current Liabilities          
Borrowings 1.24 1.18 1.05 1.00 0.94
Other Current Liabilities 19.47 19.14 18.80 19.44 22.40
  20.71 20.32 19.85 20.43 23.34
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 224.22 218.36 164.42 165.96 192.85
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  224.22 218.36 164.42 165.96 192.85
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 244.93 238.68 184.27 186.39 216.19
           
Net Assets 547.62 657.13 528.20 509.28 499.42
           
Capital & Reserves          
Share Capital 164.40 164.40 164.40 164.40 157.45
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves (1.18) (0.30) (0.67) (0.78) (0.29)
Retained Earnings 384.41 493.03 364.47 345.67 342.25
Shareholders Funds 547.62 657.13 528.20 509.28 499.42
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 547.62 657.13 528.20 509.28 499.42
Cash Flow 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Net Cash Flow From Operating Activities 23.03 20.01 18.57 13.54 25.28
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 (26.76) (33.83) (1.30) 24.99 10.25
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 (14.77) 29.01 (17.48) (40.14) (41.87)
Net Increase/Decrease In Cash (18.50) 15.19 (0.21) (1.60) (6.34)
Ratios - based on IFRS 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
PE Ratio - Adjusted n/a 3.6 13.8 21.7 15.5
PEG - Adjusted n/a 0.0 0.3 n/a n/a
Earnings per Share Growth - Adjusted n/a 336% 51% -28% -52%
Dividend Cover (4.71) 7.94 2.12 1.26 1.63
Revenue per Share 9.50p 8.54p 0.080p 8.38p 8.75p
Pre-Tax Profit per Share (16.42p) 26.96p 0.063p 4.11p 5.76p
Operating Margin (155.40%) 342.76% 96.47% 61.48% 91.66%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted n/a 3.6 1,371.0 21.7 15.5
PEG - Adjusted n/a 0.0 n/a n/a n/a
Earnings per Share Growth - Adjusted n/a 43,043% -98% -28% -52%
Dividend Cover (4.71) 7.94 0.02 1.26 1.63
           
Dividend Yield 5.1% 3.5% 3.4% 3.7% 4.0%
Dividend per Share Growth 2.94% 16.24% (10.00%) (7.14%) 1.45%
Operating Cash Flow per Share 4.22p 3.67p 3.41p 2.48p 4.64p
Cash Incr/Decr per Share (3.39p) 2.79p n/a (0.29p) (1.16p)
Net Asset Value per Share (exc. Intangibles) 100.44p 120.53p 96.88p 93.41p 91.60p
Net Gearing 37.51% 27.54% 26.90% 28.15% 33.76%

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

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

Top of Page