Great Portland Estates (GPE)

Sector:

Property Investment Trusts

Index:

FTSE 250

378.50p
   
  • Change Today:
    -2.50p
  • 52 Week High: 534.50
  • 52 Week Low: 356.20
  • Currency: UK Pounds
  • Shares Issued: 253.87m
  • Volume: 614,712
  • Market Cap: £960.89m
  • RiskGrade: 82

Dividend Data

  31-Mar-2331-Mar-2231-Mar-2131-Mar-2031-Mar-19
Interim Dividend4.70p4.70p4.70p4.70p4.30p
Final Dividend7.90p7.90p7.90p7.90p7.90p
Total Dividend12.60p12.60p12.60p12.60p12.20p
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 91.20 84.20 88.50 102.50 112.40
Operating Profit/(Loss) (158.50) 168.40 (126.00) (7.10) 44.60
Net Interest (5.50) (1.70) 0.20 0.80 0.20
Profit Before Tax (164.00) 166.70 (202.00) 51.60 56.10
Profit After Tax (163.90) 167.20 (201.90) 51.80 49.50
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (163.90) 167.20 (201.90) 51.80 49.50
Attributable to:          
Equity Holders of Parent Company (163.90) 167.20 (201.90) 51.80 49.50
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (64.80p) 66.10p (79.80p) 20.00p 17.90p
Earnings per Share - Diluted (64.80p) 66.00p (79.80p) 20.00p 17.10p
Earnings per Share - Adjusted 9.50p 10.80p 15.90p 22.00p 19.50p
Continuing and Discontinued EPS          
Earnings per Share - Basic (64.80p) 66.10p (79.80p) 20.00p 17.90p
Earnings per Share - Diluted (64.80p) 66.00p (79.80p) 20.00p 17.10p
Earnings per Share - Adjusted 9.50p 10.80p 15.90p 22.00p 19.50p
           
Dividend per Share 12.60p 12.60p 12.60p 12.60p 12.20p
  £ (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 3.50 5.00 6.30 7.50 4.00
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 1,922.20 2,144.40 1,894.50 1,987.10 2,025.00
Investments 540.60 583.80 626.40 647.00 511.90
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 4.10 3.50 1.70 0.20 n/a
  2,470.40 2,736.70 2,528.90 2,641.80 2,540.90
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 15.80 21.10 19.50 16.10 10.90
Cash at Bank & in Hand 19.40 16.70 11.10 94.90 139.40
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a 0.40 0.50 5.60
  35.20 37.80 31.00 111.50 155.90
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,505.60 2,774.50 2,559.90 2,753.30 2,696.80
           
Liabilities          
Current Liabilities          
Borrowings n/a 0.20 n/a n/a n/a
Other Current Liabilities 56.80 71.90 55.10 60.00 50.40
  56.80 72.10 55.10 60.00 50.40
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 527.20 589.50 533.20 489.80 336.70
Provisions 3.00 n/a n/a n/a n/a
Other Non-Current Liabilities n/a n/a n/a 0.40 n/a
  530.20 589.50 533.20 490.20 336.70
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 587.00 661.60 588.30 550.20 387.10
           
Net Assets 1,918.60 2,112.90 1,971.60 2,203.10 2,309.70
           
Capital & Reserves          
Share Capital 38.70 38.70 38.70 38.70 41.40
Share Premium Account 46.00 46.00 46.00 46.00 46.00
Other Reserves 329.50 330.30 326.90 326.10 322.30
Retained Earnings 1,504.40 1,697.90 1,560.00 1,792.30 1,900.00
Shareholders Funds 1,918.60 2,112.90 1,971.60 2,203.10 2,309.70
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 1,918.60 2,112.90 1,971.60 2,203.10 2,309.70
Cash Flow 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Net Cash Flow From Operating Activities (1.70) 8.90 16.60 38.60 27.00
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 112.60 (24.10) (110.00) (68.30) 223.30
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 (108.20) 6.30 9.60 (14.80) (462.30)
Net Increase/Decrease In Cash 2.70 (8.90) (83.80) (44.50) (212.00)
Ratios - based on IFRS 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
PE Ratio - Adjusted 53.4 65.9 42.8 31.0 38.3
PEG - Adjusted n/a n/a n/a 2.4 n/a
Earnings per Share Growth - Adjusted -12% -32% -28% 13% -4%
Dividend Cover 0.75 0.86 1.26 1.75 1.60
Revenue per Share 35.92p 33.17p 0.35p 39.67p 39.91p
Pre-Tax Profit per Share (64.60p) 65.66p (0.81p) 19.97p 19.92p
Operating Margin (173.79%) 200.00% (142.37%) (6.93%) 39.68%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 53.4 65.9 4,235.6 31.0 38.3
PEG - Adjusted n/a 0.0 n/a 2.4 n/a
Earnings per Share Growth - Adjusted -12% 6,629% -99% 13% -4%
Dividend Cover 0.75 0.86 0.01 1.75 1.60
           
Dividend Yield 2.5% 1.8% 1.9% 1.8% 1.6%
Dividend per Share Growth n/a n/a n/a 3.28% 7.96%
Operating Cash Flow per Share (0.67p) 3.51p 6.56p 14.94p 9.59p
Cash Incr/Decr per Share 1.06p (3.51p) (0.33p) (17.22p) (75.27p)
Net Asset Value per Share (exc. Intangibles) 755.75p 832.28p 779.51p 852.62p 820.02p
Net Gearing 26.47% 27.12% 26.48% 17.92% 8.54%

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.

 

Top of Page