Picton Property Income Ltd (PCTN)

Sector:

Real Estate

Index:

FTSE Small Cap

72.40p
   
  • Change Today:
      0.60p
  • 52 Week High: 76.70p
  • 52 Week Low: 59.70p
  • Currency: UK Pounds
  • Shares Issued: 536.20m
  • Volume: 881,658
  • Market Cap: £388.21m

Dividend Data

  31-Mar-2431-Mar-2331-Mar-2231-Mar-2131-Mar-20
Q1 Dividend0.88p0.88p0.85p0.62p1.00p
Q2 Dividend0.88p0.88p0.85p0.70p1.00p
Q3 Dividend0.88p0.88p0.88p0.80p1.00p
Q4 Dividend0.93p0.88p0.88p0.80p1.00p
Total Dividend3.55p3.50p3.45p2.92p3.25p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
Revenue 54.69 51.82 46.54 43.33 45.66
Operating Profit/(Loss) 4.14 (80.52) 159.53 41.80 28.07
Net Interest (8.93) (9.01) (12.55) (7.99) (8.29)
Profit Before Tax (4.79) (89.53) 146.99 33.80 22.38
Profit After Tax (4.79) (89.53) 146.99 33.80 22.51
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (4.79) (89.53) 146.99 33.80 22.51
Attributable to:          
Equity Holders of Parent Company (4.79) (89.53) 146.99 33.80 22.51
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (0.90p) (16.50p) 27.00p 6.20p 4.10p
Earnings per Share - Diluted (0.90p) (16.50p) 26.90p 6.20p 4.10p
Earnings per Share - Adjusted (0.90p) (16.50p) 27.00p 6.20p 4.10p
Continuing and Discontinued EPS          
Earnings per Share - Basic (0.90p) (16.50p) 27.00p 6.20p 4.10p
Earnings per Share - Diluted (0.90p) (16.50p) 26.90p 6.20p 4.10p
Earnings per Share - Adjusted (0.90p) (16.50p) 27.00p 6.20p 4.10p
           
Dividend per Share 3.55p 3.50p 3.40p 2.92p 3.25p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 3.50 3.41 4.38 4.11 0.02
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 688.31 746.34 830.03 665.42 654.49
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
  691.81 749.76 834.41 669.53 654.51
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 26.60 22.75 22.85 19.58 17.60
Cash at Bank & in Hand 19.77 20.05 38.55 23.36 23.57
Current Asset Investments 35.73 n/a n/a n/a n/a
Other Current Assets 35.73 n/a n/a n/a n/a
  117.84 42.80 61.40 42.94 41.17
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 773.92 792.56 895.81 712.47 695.67
           
Liabilities          
Current Liabilities          
Borrowings 1.19 1.13 1.18 1.05 1.00
Other Current Liabilities 20.74 19.58 19.14 18.80 19.44
  21.93 20.71 20.32 19.85 20.43
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 224.94 221.63 218.36 164.42 165.96
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities 2.57 2.58 n/a n/a n/a
  227.51 224.22 218.36 164.42 165.96
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 249.44 244.93 238.68 184.27 186.39
           
Net Assets 524.47 547.62 657.13 528.20 509.28
           
Capital & Reserves          
Share Capital 164.40 164.40 164.40 164.40 164.40
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves (0.45) (1.18) (0.30) (0.67) (0.78)
Retained Earnings 360.53 384.41 493.03 364.47 345.67
Shareholders Funds 524.47 547.62 657.13 528.20 509.28
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 524.47 547.62 657.13 528.20 509.28
Cash Flow 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Net Cash Flow From Operating Activities 20.21 23.03 20.01 18.57 13.54
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 (4.46) (26.76) (33.83) (1.30) 24.99
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 (16.02) (14.77) 29.01 (17.48) (40.14)
Net Increase/Decrease In Cash (0.28) (18.50) 15.19 (0.21) (1.60)
Ratios - based on IFRS 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
PE Ratio - Adjusted n/a n/a 3.6 13.8 21.7
PEG - Adjusted n/a n/a 0.0 0.3 n/a
Earnings per Share Growth - Adjusted n/a n/a 336% 51% -28%
Dividend Cover (0.25) (4.71) 7.94 2.12 1.26
Revenue per Share 10.20p 9.66p 8.68p 0.082p 8.52p
Pre-Tax Profit per Share (0.89p) (16.70p) 27.41p 0.064p 4.17p
Operating Margin 7.57% (155.40%) 342.76% 96.47% 61.48%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted n/a n/a 3.6 1,371.0 21.7
PEG - Adjusted n/a n/a 0.0 n/a n/a
Earnings per Share Growth - Adjusted n/a n/a 43,043% -98% -28%
Dividend Cover (0.25) (4.71) 7.94 0.02 1.26
           
Dividend Yield 5.4% 5.1% 3.5% 3.4% 3.7%
Dividend per Share Growth 1.43% 2.94% 16.24% (10.00%) (7.14%)
Operating Cash Flow per Share 3.77p 4.29p 3.73p 3.46p 2.52p
Cash Incr/Decr per Share (0.052p) (3.45p) 2.83p n/a (0.30p)
Net Asset Value per Share (exc. Intangibles) 97.81p 102.13p 122.55p 98.51p 94.98p
Net Gearing 39.35% 37.02% 27.54% 26.90% 28.15%

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.

 

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