Urban Logistics Reit (SHED)

Sector:

Property Investment Trusts

Index:

FTSE 250

124.20p
   
  • Change Today:
    -1.20p
  • 52 Week High: 128.80
  • 52 Week Low: 100.00
  • Currency: UK Pounds
  • Shares Issued: 471.98m
  • Volume: 2,156,720
  • Market Cap: £586.19m

SHED Overview

We focus on a specialist sub-sector of the UK real estate market, investing in urban logistics properties that enable businesses to operate modern distribution networks capable of responding to the challenges created by e-commerce and evolving infrastructure demands. This Company is the only listed business giving investors a “pure play” exposure to urban logistics assets. With our focus on urban logistics, and most of our warehouses situated near to town and city centres, our tenants are mostly involved in the supply chain for getting household goods to end users.

1 Day Chart (20-09-2024)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 6.1% 0.0%
Div Cover 0.9 1.0
Op Mrgn 69.2% 85.5%
ROCE 3.6%  
Latest F'cast
P/E 18.0 16.1
PEG n/a 1.3
Pr/Revenue 9.8 9.3
Pr/Book 0.8  
Latest F'cast
Revenue 8.4% 5.4%
PBT n/a 118.2%
EPS -0.6% 12.0%
DPS n/a 1.2%

SHED Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-20 12.60 9.36 7.66p 15.3 1.5 +10% 3.75p 3.2%
31-Mar-21 24.18 47.60 0.07p 2,169.0 n/a -99% 0.044p 0.0%
31-Mar-22 37.81 171.77 6.71p 28.4 0.0 +9,734% 7.60p 4.0%
31-Mar-23 55.31 (82.66) 6.93p 18.5 6.2 +3% 7.60p 5.9%
31-Mar-24 59.95 24.74 6.89p 16.6 n/a -1% 7.60p 6.6%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

SHED Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-25 63.18 54.00 7.72p 16.1 1.3 +12% 7.69p 0.0%
31-Mar-26 65.19 60.00 8.12p 15.3 2.9 +5% 7.86p 0.0%
31-Mar-27 71.50 62.00 8.35p 14.9 5.4 +3% 7.96p 0.0%

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SHED Company Announcements

Performance Update: Debt Refinance & Acquisitions 17-Sep-2024 07:00 RNS
Director/PDMR Shareholding 12-Aug-2024 13:40 RNS
Result of AGM 24-Jul-2024 17:52 RNS

Latest SHED Director Deals

No deals were found in the last 28 days.

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: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 5: Forecast figures based on normalised accounts.

 

SHED Market Data

Currency UK Pounds
Share Price 124.20p
Change Today -1.20p
% Change -0.96 %
52 Week High 128.80
52 Week Low 100.00
Volume 2,156,720
Shares Issued 471.98m
Market Cap £586.19m

SHED Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.12% above the market average78.12% above the market average78.12% above the market average78.12% above the market average78.12% above the market average
70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average
Price Trend
15.56% above the market average15.56% above the market average15.56% above the market average15.56% above the market average15.56% above the market average
26.67% below the sector average26.67% below the sector average26.67% below the sector average26.67% below the sector average26.67% below the sector average
Income
46.23% above the market average46.23% above the market average46.23% above the market average46.23% above the market average46.23% above the market average
36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average
Growth
72.77% above the market average72.77% above the market average72.77% above the market average72.77% above the market average72.77% above the market average
78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SHED Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 27-Jun-24 23-Nov-23
Paid 19-Jul-24 15-Dec-23
Amount 4.35p 3.25p

Trades for 20-Sep-2024

Time Volume / Share Price
16:29 161 @ 124.00p
16:29 463 @ 124.00p
16:29 394 @ 124.00p
16:29 1,310 @ 124.00p
16:29 146 @ 124.00p

SHED Key Personnel

CEO Richard Moffitt

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