abrdn European Logistics Income PLC (ASLI) AI Stock Analysis

• Market Cap: £98.92M
• Dividend Yield: 66.07%
• Average Volume (3M): 6.09M
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.63
• Revenue Growth: 0.54%
• EPS Growth: N/A
• Country: UK
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: Asset Management - Income
• EPS (TTM): -0.02
• Shares Outstanding: 412,174,350
• 10 Day Avg. Volume: 1,105,030
• 30 Day Avg. Volume: 6,090,138
• PEG Ratio: -0.93
• Price to Book (P/B): 0.78
• Price to Sales (P/S): 7.34
• P/FCF Ratio: 17.82
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: 37.00p ▲(45.10% Upside)

The overall stock score reflects a balance of mixed financial performance, positive technical indicators, and attractive valuation. However, the managed wind-down strategy and income volatility pose significant risks. The strong balance sheet and high dividend yield are positive factors, but the sustainability of these benefits is uncertain.

Positive Factors

Stable Income Stream

The company's focus on long-term leases provides a stable income stream, reducing revenue volatility and ensuring consistent cash flow, which is crucial for long-term financial health.

No Debt

A debt-free balance sheet enhances financial stability and flexibility, allowing the company to invest in growth opportunities without the burden of interest payments.

Positive Cash Flow

Strong operating cash flow indicates the company's ability to generate sufficient cash to cover its operations and investments, supporting long-term sustainability and growth.

Negative Factors

Inconsistent Profitability

Inconsistent profitability can hinder long-term growth and investor confidence, as it reflects challenges in maintaining stable earnings over time.

Volatile Revenue

Erratic revenue growth indicates potential challenges in market demand or operational execution, which can impact long-term financial performance and strategic planning.

Cash Flow Risks

Significant cash outflows from financing activities may strain liquidity, potentially limiting the company's ability to fund future investments or manage economic downturns effectively.

abrdn European Logistics Income PLC Business Overview & Revenue Model

Company Description

abrdn European Logistics Income plc invests in logistic real estate properties in Europe. Its property portfolio includes mid-box and urban logistics warehouses. As of December 31, 2021, the company's property portfolio comprised 23 assets located across five European countries. The company was formerly known as Aberdeen Standard European Logistics Income PLC and changed its name to abrdn European Logistics Income plc in January 2022. abrdn European Logistics Income plc was incorporated in 2017 and is based in London, the United Kingdom.

How the Company Makes Money

ASLI generates revenue primarily through rental income from its portfolio of logistics properties. The company leases its properties to a diverse range of tenants, including major retailers and logistics firms, which provides a steady cash flow. Additionally, ASLI may benefit from capital appreciation of its assets over time, as well as potential revenue from property sales. The company's revenue model is further supported by its strategic partnerships with property developers and real estate managers, which can enhance its acquisition capabilities and operational efficiencies. Factors contributing to its earnings include the growth of e-commerce, which drives demand for logistics space, and the overall health of the European economy, which influences tenant demand and rental rates.

abrdn European Logistics Income PLC Financial Statement Overview

Summary

The company's financial performance is mixed. While there have been recent improvements in income and cash flow, historical volatility and inconsistent profitability raise concerns. The balance sheet is strong with no debt, contributing to stability, but past fluctuations in liabilities and equity levels indicate financial management challenges.

Income Statement

The company's income statement reveals volatility in revenue and profitability. The most recent year shows a significant recovery with positive revenue and net income, contrasting with a significant loss in the previous year. Gross profit margin is 100% due to revenue equaling gross profit, but net profit margins have been inconsistent historically. Revenue growth has been erratic, with a substantial decline in the most recent years. EBIT margin is positive this year but was negative in the previous year, indicating some recovery.

Balance Sheet

The balance sheet is stable with no debt in the latest year, improving the debt-to-equity ratio significantly. The equity ratio has been strong, contributing to financial stability. Return on equity has been inconsistent, reflecting the swings in profitability. The latest year shows a healthy financial position with strong equity, though past fluctuations in liabilities and equity levels indicate some financial management challenges.

Cash Flow

Operating cash flow is positive and strong over the years, showing consistent ability to generate cash from operations. Free cash flow has grown this year, indicating improved cash management. However, cash flow from financing activities indicates significant outflows, which could be a risk if not managed carefully. The operating cash flow to net income ratio is healthy, suggesting cash flow is well aligned with reported net income.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	39.91M	41.66M	35.92M	26.72M	23.35M
Gross Profit	23.84M	41.66M	35.92M	62.41M	50.94M
EBITDA	5.21M	-120.73M	7.79M	55.39M	45.25M
Net Income	3.03M	-81.80M	-18.44M	44.44M	35.39M
Balance Sheet
Total Assets	661.20M	693.89M	817.78M	728.39M	484.10M
Cash, Cash Equivalents and Short-Term Investments	25.01M	18.06M	20.26M	23.28M	24.87M
Total Debt	96.31M	280.88M	288.17M	198.85M	166.50M
Total Liabilities	287.09M	308.96M	327.81M	240.88M	190.51M
Stockholders Equity	374.11M	384.93M	489.98M	487.50M	293.60M
Cash Flow
Free Cash Flow	16.43M	19.25M	23.81M	11.45M	15.01M
Operating Cash Flow	16.43M	19.25M	23.81M	11.45M	15.01M
Investing Cash Flow	33.26M	17.60M	-133.52M	-193.56M	-46.26M
Financing Cash Flow	-42.73M	-39.05M	106.70M	180.51M	31.54M

abrdn European Logistics Income PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ASLI, the sentiment is Positive. The current price of 25.5 is above the 20-day moving average (MA) of 24.74, above the 50-day MA of 24.45, and above the 200-day MA of 23.65, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 63.32 is Neutral, neither overbought nor oversold. The STOCH value of 15.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ASLI.

abrdn European Logistics Income PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WHR	77 Outperform	―	―	―	―	1.73%	21.53%
SHED	73 Outperform	―	―	―	―	4.41%	―
AEWU	68 Neutral	£166.61M	13.06	7.37%	7.62%	-10.95%	-30.09%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ASLI	60 Neutral	£98.92M	14.29	2.31%	66.07%	0.54%	―
SERE	58 Neutral	£81.47M	43.36	1.40%	8.31%	-8.97%	326.47%
RGL	54 Neutral	£162.74M	-8.15	-6.74%	9.51%	-5.48%	89.60%

abrdn European Logistics Income PLC Corporate Events

abrdn European Logistics Income PLC Announces Fourth Capital Distribution

abrdn European Logistics Income PLC has announced its fourth capital distribution under the B Share scheme, returning approximately €46.8 million to shareholders following recent asset sales. This distribution, part of a series of returns totaling £160 million, involves issuing and redeeming B Shares, with payments scheduled for 30 December 2025. The move reflects the company’s ongoing strategy to enhance shareholder value through efficient capital management.

abrdn European Logistics Income PLC Declares Interim Distribution Amid Income Decline

abrdn European Logistics Income PLC has declared an interim distribution of 1.0 euro cent per Ordinary share, payable in sterling or euros, reflecting a decrease in income due to ongoing asset disposals. This reduction in income has impacted the company’s ability to maintain previous distribution levels, with operating costs increasingly being met from capital, potentially affecting the company’s financial stability and shareholder returns.

abrdn European Logistics Income plc Advances Wind-Down with Asset Sales in Poland

abrdn European Logistics Income plc has completed the sale of three logistics assets in Poland for approximately €84 million as part of its managed wind-down strategy. This sale is part of a broader disposal program that has seen 20 out of 27 assets sold, generating €400 million in gross sales proceeds. The company is in the later stages of its wind-down process, with four more assets under offer and three remaining in various stages of sale. As the wind-down progresses, the company’s income has declined, and future dividends are expected to be limited.

abrdn European Logistics Income PLC Reports Q3 2025 NAV and Progress on Asset Sales

abrdn European Logistics Income PLC announced its estimated unaudited Net Asset Value for the quarter ended 30 September 2025, highlighting significant asset disposals and capital returns to shareholders. The company completed the sale of several assets, resulting in a decrease in overall portfolio valuation, and continued its managed wind-down process, aiming to maximize shareholder returns despite softer market valuations. The Board remains focused on balancing value realization with cost management during the wind-down.

abrdn European Logistics Income PLC Releases Half Yearly Report

abrdn European Logistics Income PLC has released its Half Yearly Report for the period ending 30 June 2025. The report has been submitted to the National Storage Mechanism and is available for public inspection. This announcement underscores the company’s commitment to transparency and provides stakeholders with insights into its operational performance and strategic positioning within the European logistics market.

abrdn European Logistics Income Reports Progress in Managed Wind-Down Strategy

abrdn European Logistics Income plc announced its interim results for the first half of 2025, highlighting a managed wind-down strategy aimed at realizing portfolio assets, repaying borrowings, and returning capital to shareholders. The company has successfully sold 17 out of 27 assets, generating over €320 million in gross sales proceeds. Despite geopolitical risks and tariff concerns affecting investor sentiment, the board remains optimistic about completing the wind-down in line with original value expectations. The company has returned significant capital to shareholders through a series of B Share distributions, totaling £119.5 million to date.