Big Yellow Group plc (GB:BYG)
LSE:BYG
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Big Yellow Group
(LSE:BYG)
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Rating:68Neutral
Price Target:
979.00 p
▲(4.93% Upside)
Action:DowngradedDate:12/07/25
Big Yellow Group's overall stock score is driven by strong financial performance and strategic expansion efforts, which are slightly offset by bearish technical indicators and potential cost challenges from increased property rates. The company's moderate valuation and attractive dividend yield provide additional support to the score.
Positive Factors
Conservative balance sheet
A very high equity ratio and low debt usage provide durable financial flexibility for Big Yellow to fund development, absorb rate shocks, and maintain distributions. Low leverage reduces refinancing risk and preserves capacity for acquisitions or expansion over the next several quarters.
Negative Factors
Modest revenue growth
Low single-digit organic revenue expansion implies limited same-store growth and greater reliance on development or acquisitions to drive scale. If expansion slows, top-line growth may remain tepid, constraining margin and cashflow expansion over the coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
A very high equity ratio and low debt usage provide durable financial flexibility for Big Yellow to fund development, absorb rate shocks, and maintain distributions. Low leverage reduces refinancing risk and preserves capacity for acquisitions or expansion over the next several quarters.
Read all positive factors
Big Yellow Group (BYG) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.80B
Dividend Yield4.54%
Average Volume (3M)686.43K
Price to Earnings (P/E)6.4
Beta (1Y)0.85
Revenue Growth1.81%
EPS Growth-51.09%
CountryUK
Employees503
SectorReal Estate
Sector Strength53
IndustryREIT - Industrial
Share Statistics
EPS (TTM)0.38
Shares Outstanding196,818,570
10 Day Avg. Volume524,009
30 Day Avg. Volume686,429
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.80
Price to Sales (P/S)9.77
P/FCF Ratio18.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£1,020.00Price Target Upside9.32% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering3
EPS Forecast (FY)0.62
Revenue Forecast (FY)£213.13M
Big Yellow Group Business Overview & Revenue Model
Company Description
Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 103 stores, including 25 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further 11 Big Yellow self storage d...
How the Company Makes Money
BYG primarily makes money by renting self storage space to customers under short- and medium-term occupancy arrangements. The main revenue stream is storage rental income, generally driven by (1) occupancy levels (how much of the available space i...
Big Yellow Group Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 206.68M | 199.62M | 188.83M | 171.32M | 135.24M | 129.31M |
| Gross Profit | 149.01M | 143.63M | 134.52M | 120.94M | 91.90M | 88.81M |
| EBITDA | 145.81M | 266.58M | 122.46M | 708.26M | 272.77M | 104.42M |
| Net Income | 130.50M | 239.83M | 73.33M | 697.27M | 265.19M | 92.58M |
Balance Sheet | ||||||
| Total Assets | 3.11B | 2.91B | 2.75B | 2.67B | 1.84B | 1.62B |
| Cash, Cash Equivalents and Short-Term Investments | 7.22M | 9.36M | 8.33M | 8.61M | 12.32M | 51.42M |
| Total Debt | 462.82M | 408.42M | 512.27M | 438.66M | 353.37M | 418.67M |
| Total Liabilities | 519.91M | 459.64M | 569.54M | 486.00M | 388.40M | 452.44M |
| Stockholders Equity | 2.59B | 2.45B | 2.18B | 2.18B | 1.45B | 1.16B |
Cash Flow | ||||||
| Free Cash Flow | 51.53M | 104.79M | 5.56M | 2.42M | 4.39M | 10.52M |
| Operating Cash Flow | 112.37M | 104.79M | 111.98M | 107.57M | 77.40M | 74.26M |
| Investing Cash Flow | -99.52M | -20.79M | -106.23M | -171.00M | -72.72M | -48.42M |
| Financing Cash Flow | -11.23M | -82.98M | -6.02M | 59.71M | -43.77M | 7.67M |
Big Yellow Group Technical Analysis
Negative
933.00
Price Trends
951.67
Negative
992.66
Negative
981.46
Negative
Market Momentum
-11.64
Negative
57.98
Neutral
82.26
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BYG, the sentiment is Negative. The current price of 933 is above the 20-day moving average (MA) of 878.73, below the 50-day MA of 951.67, and below the 200-day MA of 981.46, indicating a neutral trend. The MACD of -11.64 indicates Negative momentum. The RSI at 57.98 is Neutral, neither overbought nor oversold. The STOCH value of 82.26 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:BYG.
Big Yellow Group Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £1.58B | 4.93 | 12.27% | 5.71% | 4.79% | 37.75% | |
75 Outperform | £3.99B | 3.98 | 7.75% | 5.85% | 23.40% | 148.54% | |
68 Neutral | £1.80B | 6.40 | 5.06% | 4.54% | 1.81% | -51.09% | |
68 Neutral | £1.52B | 12.28 | 4.88% | 4.25% | 4.88% | -70.16% | |
67 Neutral | £1.24B | 7.07 | 10.25% | 3.62% | -8.66% | 553.35% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
57 Neutral | £659.44M | -2.68 | -5.24% | 7.31% | -1.67% | -120.18% |
* Real Estate Sector Average
GB:BYG
Big Yellow Group
914.50
-31.02
-3.28%
GB:BLND
British Land Company plc
386.80
18.58
5.05%
GB:GRI
Grainger
164.20
-40.61
-19.83%
GB:SAFE
Safestore Holdings
687.00
101.07
17.25%
GB:WKP
Workspace Group plc R.E.I.T.
340.00
-72.14
-17.50%
GB:SRE
Sirius Real Estate
98.85
11.76
13.50%
Big Yellow Group Corporate Events
Financial Disclosures
Big Yellow Sets Date to Release Full-Year 2026 Results
Neutral
Apr 14, 2026
Big Yellow Group PLC has announced that it will publish its full-year results for the period ended 31 March 2026 after the market closes on Monday, 18 May 2026. The company will follow this with a presentation for analysts and investors at 9:30 a....
Regulatory Filings and Compliance
Big Yellow Group Updates Total Voting Shares in Issue
Neutral
Mar 31, 2026
Big Yellow Group PLC has confirmed that as of 31 March 2026 its issued share capital consists of 196,818,571 ordinary shares, all of which carry voting rights and none of which are held in treasury. This total serves as the reference denominator f...
Regulatory Filings and Compliance
Big Yellow Chairman Rebalances Stake Without Changing Overall Holding
Positive
Mar 23, 2026
Big Yellow Group PLC has disclosed a series of share transactions by Executive Chairman Nicholas Vetch involving both sales from a personal holding vehicle and purchases into his personal pension. Across trades executed on 19, 20 and 23 March 2026...
Business Operations and StrategyExecutive/Board Changes
Big Yellow sets out long-planned CEO succession as co-founder Jim Gibson retires
Positive
Mar 2, 2026
Big Yellow Group has announced a planned CEO succession, with long-serving co-founder Jim Gibson set to retire and step down from the board in July 2026 after 23 years at the helm. Chief Operating Officer John Hunter, who joined the company in 202...
Regulatory Filings and Compliance
Big Yellow Confirms Total Voting Rights After Share Capital Update
Neutral
Feb 27, 2026
Big Yellow Group PLC has confirmed that as of 27 February 2026 its issued share capital stands at 196,818,571 ordinary shares, all of which carry voting rights, with no shares held in treasury. This updated share count sets the official denominato...
Regulatory Filings and Compliance
Big Yellow Confirms Total Voting Share Capital at 196.8 Million
Neutral
Jan 30, 2026
Big Yellow Group plc has confirmed that, as at 30 January 2026, its issued share capital consists of 196,818,571 ordinary shares, all of which carry voting rights, with no shares held in treasury. The disclosure clarifies the total number of votin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.