The British Land Company (BTLCY) AI Stock Analysis

• Market Cap: $4.61B
• Dividend Yield: 4.4%
• Average Volume (3M): 10.77K
• Price to Earnings (P/E): 19.9
• Beta (1Y): 0.71
• Revenue Growth: -29.05%
• EPS Growth: N/A
• Country: US
• Employees: 645
• Sector: Real Estate
• Sector Strength: 70
• Industry: REIT - Diversified
• EPS (TTM): 0.23
• Shares Outstanding: 999,154,240
• 10 Day Avg. Volume: 32,306
• 30 Day Avg. Volume: 10,768
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 9.12
• Price to Cash Flow (P/CF): 16.50
• P/FCF Ratio: 36.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall stock score for The British Land Company is driven by moderate financial performance with declining revenues and net losses, balanced by some positive technical indicators. Valuation is reasonable, but the lack of profitability and cash flow issues weigh on the stock's attractiveness.

The British Land Company Business Overview & Revenue Model

Company Description

The British Land Company (BTLCY) is one of the largest property development and investment companies in the United Kingdom. The company specializes in owning, managing, and developing a diverse range of commercial properties, including offices, retail spaces, and residential properties. Its portfolio is primarily concentrated in high-value locations across London and other major cities in the UK, focusing on creating sustainable and innovative environments that meet the evolving needs of businesses and communities.

How the Company Makes Money

The British Land Company makes money through a variety of revenue streams centered around its extensive property portfolio. The primary source of income is rental revenue generated from leasing office spaces, retail units, and residential properties. Additionally, the company engages in property development activities, where it constructs new buildings or redevelops existing properties to sell or lease at a profit. British Land also derives income from asset management services, where it oversees property operations to enhance value and efficiency. Strategic partnerships and joint ventures with other real estate entities and investors further contribute to its earnings. The company's focus on sustainable and adaptable real estate solutions helps maintain high occupancy rates and attract premium tenants, thereby stabilizing and increasing its revenue.

The British Land Company Financial Statement Overview

Summary

The British Land Company faces challenges with declining revenues and consistent net losses. While there are signs of improved leverage on the balance sheet, cash flow inconsistencies and declining equity ratio suggest potential risks. The company needs to focus on improving profitability and stabilizing cash flows to enhance financial health.

Income Statement

The company's income statement shows a declining revenue trend from 2019 to 2024, with revenue decreasing from 1.19 billion to 575 million. Gross profit margins have been relatively stable, but net income has been negative for several years, indicating challenges in profitability. EBIT and EBITDA margins are inconsistent, reflecting operational instability.

Balance Sheet

The balance sheet reveals a decreasing trend in total assets and stockholders' equity from 2019 to 2024. The debt-to-equity ratio has improved over time, indicating better leverage management. However, the equity ratio is declining, which could pose a risk to financial stability if liabilities continue to increase.

Cash Flow

Operating cash flow has shown positive growth, but free cash flow has fluctuated significantly over the years. The ratio of free cash flow to net income is not ideal, indicating that profitability does not translate well into cash flow, which could impact future investments and debt servicing.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
575.00M	505.41M	562.73M	611.14M	779.72M
	Gross Profit
429.00M	388.68M	381.07M	376.09M	502.88M
	EBIT
344.00M	388.68M	326.44M	295.13M	354.30M
	EBITDA
122.00M	-944.00M	326.44M	270.00M	383.00M
	Net Income Common Stockholders
-1.00M	-1.25B	1.32B	-1.35B	-1.30B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
108.00M	154.56M	146.15M	212.47M	239.31M
	Total Assets
7.97B	10.25B	13.05B	12.24B	13.94B
	Total Debt
2.34B	2.96B	3.62B	3.51B	4.54B
	Net Debt
2.25B	2.80B	3.47B	3.30B	4.31B
	Total Liabilities
2.66B	3.42B	4.14B	3.99B	5.08B
	Stockholders Equity
5.30B	6.82B	8.89B	8.17B	8.72B
Cash Flow		Free Cash Flow
97.00M	79.80M	75.63M	22.57M	217.21M
	Operating Cash Flow
409.00M	288.80M	334.63M	194.57M	476.21M
	Investing Cash Flow
-172.00M	392.29M	-577.75M	1.19B	-458.43M
	Financing Cash Flow
-274.00M	-664.25M	133.85M	-1.43B	-80.00M

The British Land Company Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.60
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BTLCY, the sentiment is Negative. The current price of 4.6 is below the 20-day moving average (MA) of 4.67, below the 50-day MA of 4.62, and below the 200-day MA of 4.93, indicating a bearish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 59.06 is Neutral, neither overbought nor oversold. The STOCH value of 64.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BTLCY.

The British Land Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EPRT	75 Outperform	$6.04B	26.80	6.21%	3.81%	24.84%	-6.90%
BNL	74 Outperform	$2.85B	17.55	5.37%	7.70%	-2.08%	3.63%
WPC	72 Outperform	$12.67B	27.69	5.38%	6.07%	-9.09%	-36.58%
UE	70 Outperform	$2.25B	28.46	5.97%	4.12%	6.73%	-71.83%
Sector *	61 Neutral	$4.24B	15.87	-3.65%	12.20%	6.29%	-21.37%
GNL	60 Neutral	$1.60B	―	-5.48%	15.74%	56.29%	55.99%
BTLCY	59 Neutral	$4.61B	19.87	3.15%	4.40%	-29.05%	―