PRS Reit (The) (PRSR)

Sector:

Property Investment Trusts

Index:

FTSE 250

103.40p
   
  • Change Today:
      0.60p
  • 52 Week High: 108.00p
  • 52 Week Low: 74.70p
  • Currency: UK Pounds
  • Shares Issued: 549.25m
  • Volume: 644,564
  • Market Cap: £567.93m
  • RiskGrade: 101
  • Beta: 0.56

Dividend Data

  30-Jun-2430-Jun-2330-Jun-2230-Jun-2130-Jun-20
1st Interim1.00p1.00p1.00p1.00p1.00p
2nd Interim1.00p1.00p1.00p1.00p1.00p
3rd Interim1.00p1.00p1.00p1.00p1.00p
4th Interim1.00p1.00p1.00p1.00p1.00p
Total Dividend4.00p4.00p4.00p4.00p4.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 30-Jun-24 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20
Continuing Operations          
Revenue 58.23 49.70 41.96 26.64 12.95
Operating Profit/(Loss) 111.71 58.88 127.01 53.71 19.86
Net Interest (18.04) (16.43) (11.12) (9.59) (3.46)
Profit Before Tax 93.68 42.45 115.89 44.11 16.41
Profit After Tax 93.68 42.45 115.89 44.11 16.41
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 93.68 42.45 115.89 44.11 16.41
Attributable to:          
Equity Holders of Parent Company 93.68 42.45 115.89 44.11 16.41
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 17.10p 7.70p 21.40p 8.90p 3.30p
Earnings per Share - Diluted 17.10p 7.70p 21.40p 8.90p 3.30p
Earnings per Share - Adjusted 3.70p 3.10p 3.00p 1.20p 3.30p
Continuing and Discontinued EPS          
Earnings per Share - Basic 17.10p 7.70p 21.40p 8.90p 3.30p
Earnings per Share - Diluted 17.10p 7.70p 21.40p 8.90p 3.30p
Earnings per Share - Adjusted 3.70p 3.10p 3.00p 1.20p 3.30p
           
Dividend per Share 4.00p 4.00p 4.00p 4.00p 4.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 30-Jun-24 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20
Assets          
Non-Current Assets          
Property, Plant & Equipment n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 1,139.82 1,034.73 961.91 780.37 577.12
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
  1,139.82 1,034.73 961.91 780.37 577.12
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 6.82 7.07 7.29 6.59 3.65
Cash at Bank & in Hand 18.05 13.20 48.68 86.41 59.30
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
  24.87 20.26 55.97 93.00 62.96
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 1,164.69 1,055.00 1,017.88 873.37 640.08
           
Liabilities          
Current Liabilities          
Borrowings 31.93 126.75 99.97 110.03 n/a
Other Current Liabilities 15.26 18.01 29.74 22.48 19.31
  47.19 144.76 129.72 132.51 19.31
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 385.00 248.44 246.69 245.86 145.24
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities 1.07 2.08 2.24 4.73 4.60
  386.08 250.52 248.93 250.59 149.84
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 433.27 395.28 378.64 383.10 169.16
           
Net Assets 731.42 659.72 639.24 490.27 470.92
           
Capital & Reserves          
Share Capital 5.49 5.49 5.49 4.95 4.95
Share Premium Account 298.97 298.97 298.97 245.01 245.01
Other Reserves 113.09 118.58 140.55 161.98 186.75
Retained Earnings 313.87 236.67 194.22 78.33 34.22
Shareholders Funds 731.42 659.72 639.24 490.27 470.92
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 731.42 659.72 639.24 490.27 470.92
Cash Flow 30-Jun-24 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20
Net Cash Flow From Operating Activities 35.17 31.31 32.21 16.21 (1.30)
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 (31.00) (57.66) (81.82) (164.26) (193.54)
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 0.68 (9.13) 11.88 175.16 24.19
Net Increase/Decrease In Cash 4.86 (35.48) (37.73) 27.11 (170.64)
Ratios - based on IFRS 30-Jun-24 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20
Continuing Operations          
PE Ratio - Adjusted 20.3 25.9 35.2 85.0 22.5
PEG - Adjusted 1.1 8.6 0.2 n/a 1.6
Earnings per Share Growth - Adjusted 19% 3% 150% -64% 14%
Dividend Cover 0.93 0.77 0.75 0.30 0.82
Revenue per Share 10.60p 9.05p 7.64p 0.049p 2.36p
Pre-Tax Profit per Share 17.05p 7.73p 21.10p 0.081p 2.99p
Operating Margin 191.84% 118.47% 302.68% 201.63% 153.36%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 20.3 25.9 35.2 8,420.8 22.5
PEG - Adjusted 1.1 8.6 0.0 n/a 1.6
Earnings per Share Growth - Adjusted 19% 3% 24,667% -100% 14%
Dividend Cover 0.93 0.77 0.75 n/a 0.82
           
Dividend Yield 5.3% 5.0% 3.8% 3.9% 5.4%
Dividend per Share Growth n/a n/a n/a n/a (20.00%)
Operating Cash Flow per Share 6.40p 5.70p 5.86p 2.95p (0.24p)
Cash Incr/Decr per Share 0.88p (6.46p) (6.87p) 0.050p (31.07p)
Net Asset Value per Share (exc. Intangibles) 133.17p 120.11p 116.38p 89.26p 85.74p
Net Gearing 54.54% 54.87% 46.61% 54.96% 18.25%

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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