Target Healthcare Reit Ltd (THRL)

Sector:

Investment Firms

Index:

FTSE 250

84.80p
   
  • Change Today:
      0.90p
  • 52 Week High: 91.70
  • 52 Week Low: 75.50
  • Currency: UK Pounds
  • Shares Issued: 620.24m
  • Volume: 100,922
  • Market Cap: £525.96m
  • Beta: 0.91

Dividend Data

  30-Jun-2430-Jun-2330-Jun-2230-Jun-2130-Jun-20
1st Interim1.43p1.69p1.69p1.68p1.67p
2nd Interim1.43p1.69p1.69p1.68p1.67p
3rd Interim1.43p1.40p1.69p1.68p1.67p
4th Interim1.43p1.40p1.69p1.68p1.67p
Total Dividend5.71p6.18p6.76p6.72p6.68p
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 58.62 56.44 49.77 41.24 36.05
Operating Profit/(Loss) 47.07 45.70 36.06 30.11 26.52
Net Interest (10.80) (9.44) (6.60) (4.81) (4.28)
Profit Before Tax 36.27 36.26 29.47 25.30 22.25
Profit After Tax 36.27 36.26 29.46 25.31 22.25
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 36.27 36.26 29.46 25.31 22.25
Attributable to:          
Equity Holders of Parent Company 36.27 36.26 29.46 25.31 22.25
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 5.85p 5.85p 4.92p 5.32p 5.05p
Earnings per Share - Diluted 5.85p 5.85p 4.92p 5.32p 5.05p
Earnings per Share - Adjusted 5.85p 5.85p 5.05p 5.46p 5.05p
Continuing and Discontinued EPS          
Earnings per Share - Basic 5.85p 5.85p 4.92p 5.32p 5.05p
Earnings per Share - Diluted 5.85p 5.85p 4.92p 5.32p 5.05p
Earnings per Share - Adjusted 5.85p 5.85p 5.05p 5.46p 5.05p
           
Dividend per Share 5.88p 6.47p 6.75p 6.72p 6.68p
  £ (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 831.57 800.16 857.69 631.16 570.09
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 91.25 83.28 65.93 54.83 46.04
  922.82 883.43 923.63 685.99 616.13
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 5.67 9.46 5.55 3.98 3.70
Cash at Bank & in Hand 38.88 15.37 34.48 21.11 36.44
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a 7.32 7.50
  44.55 24.82 40.03 32.41 47.64
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 967.37 908.26 963.66 718.39 663.77
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 27.51 18.31 26.36 18.47 13.11
  27.51 18.31 26.36 18.47 13.11
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 240.67 227.05 231.38 127.90 150.13
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities 9.89 8.09 7.14 6.84 6.41
  250.56 235.14 238.53 134.74 156.54
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 278.08 253.45 264.89 153.21 169.66
           
Net Assets 689.29 654.81 698.77 565.18 494.11
           
Capital & Reserves          
Share Capital 6.20 6.20 6.20 5.11 4.57
Share Premium Account 256.63 256.63 256.63 135.23 77.45
Other Reserves 297.51 281.58 360.25 377.28 389.83
Retained Earnings 128.95 110.39 75.69 47.56 22.26
Shareholders Funds 689.29 654.81 698.77 565.18 494.11
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 689.29 654.81 698.77 565.18 494.11
Cash Flow 30-Jun-24 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20
Net Cash Flow From Operating Activities 42.35 29.67 30.39 24.96 21.47
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 3.42 (3.55) (202.63) (43.58) (103.42)
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 (22.24) (45.23) 185.62 3.29 91.44
Net Increase/Decrease In Cash 23.52 (19.12) 13.38 (15.33) 9.49
Ratios - based on IFRS 30-Jun-24 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20
Continuing Operations          
PE Ratio - Adjusted 13.4 12.3 21.5 21.1 21.8
PEG - Adjusted n/a 0.8 n/a 2.6 7.3
Earnings per Share Growth - Adjusted n/a 16% -8% 8% 3%
Dividend Cover 0.99 0.90 0.75 0.81 0.76
Revenue per Share 9.45p 9.10p 8.31p 0.088p 5.81p
Pre-Tax Profit per Share 5.85p 5.85p 4.92p 0.054p 3.59p
Operating Margin 80.30% 80.97% 72.47% 73.01% 73.56%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 13.4 12.3 21.5 2,093.9 21.8
PEG - Adjusted n/a 0.8 0.0 n/a 7.3
Earnings per Share Growth - Adjusted n/a 16% 9,063% -99% 3%
Dividend Cover 0.99 0.90 0.75 0.01 0.76
           
Dividend Yield 7.5% 9.0% 6.2% 5.8% 6.1%
Dividend per Share Growth (9.06%) (4.15%) 0.45% 0.60% 1.53%
Operating Cash Flow per Share 6.83p 4.78p 5.07p 5.25p 3.46p
Cash Incr/Decr per Share 3.79p (3.08p) 2.23p (0.033p) 1.53p
Net Asset Value per Share (exc. Intangibles) 111.13p 105.57p 116.64p 118.88p 79.67p
Net Gearing 29.27% 32.33% 28.18% 18.90% 23.01%

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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