Helical PLC (GB:HLCL)
LSE:HLCL
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Helical
(LSE:HLCL)
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Rating:50Neutral
Price Target:
182.00 p
▼(-2.67% Downside)
Action:ReiteratedDate:03/24/26
The score is held back mainly by weak cash generation and highly volatile earnings alongside a clear bearish technical trend. High P/E valuation further limits upside confidence, partially offset by improved leverage and positive, pipeline-supporting financing/forward-funding corporate events.
Positive Factors
Leverage & balance sheet
Improved leverage and a sizable equity buffer increase financial flexibility for development cycles. A lower debt-to-equity ratio (~0.41) reduces refinancing strain, enabling Helical to pursue projects or withstand cyclical property value moves without immediate capital raises.
Negative Factors
Weak cash generation
Very low operating and free cash flow versus reported earnings indicates poor cash conversion and reliance on non-cash or timing items. This weak cash generation limits reinvestment capacity, heightens refinancing and dividend risk, and makes the business more dependent on external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Leverage & balance sheet
Improved leverage and a sizable equity buffer increase financial flexibility for development cycles. A lower debt-to-equity ratio (~0.41) reduces refinancing strain, enabling Helical to pursue projects or withstand cyclical property value moves without immediate capital raises.
Read all positive factors
Helical (HLCL) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£217.97M
Dividend Yield2.71%
Average Volume (3M)136.38K
Price to Earnings (P/E)35.1
Beta (1Y)1.05
Revenue Growth-14.09%
EPS GrowthN/A
CountryUK
Employees27
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)0.02
Shares Outstanding123,335,200
10 Day Avg. Volume68,429
30 Day Avg. Volume136,377
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)0.57
Price to Sales (P/S)7.57
P/FCF Ratio218.84
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£216.00Price Target Upside15.51% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.08
Revenue Forecast (FY)£19.53M
Helical Business Overview & Revenue Model
Company Description
Helical plc engages in the investment, rental, and development of real estate properties in the United Kingdom. The company's property portfolio includes mixed use commercial/residential projects and offices. It is also involved in the office refu...
Helical Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
64
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 30.58M | 31.96M | 37.84M | 54.41M | 96.82M | 30.77M |
| Gross Profit | 15.74M | 16.57M | 23.39M | 40.88M | 88.71M | 26.71M |
| EBITDA | 8.45M | 36.27M | -179.52M | -52.65M | 87.01M | 35.38M |
| Net Income | 25.08M | 27.95M | -189.81M | -51.75M | 88.89M | 17.88M |
Balance Sheet | ||||||
| Total Assets | 593.89M | 624.91M | 657.87M | 872.86M | 1.14B | 1.02B |
| Cash, Cash Equivalents and Short-Term Investments | 30.29M | 71.33M | 28.63M | 41.43M | 24.83M | 81.57M |
| Total Debt | 150.21M | 175.54M | 231.91M | 232.95M | 403.56M | 344.27M |
| Total Liabilities | 171.10M | 198.82M | 256.79M | 264.18M | 448.09M | 412.86M |
| Stockholders Equity | 422.78M | 426.09M | 401.07M | 608.67M | 687.04M | 608.16M |
Cash Flow | ||||||
| Free Cash Flow | -3.89M | 1.10M | 11.66M | 219.00K | 2.96M | 3.85M |
| Operating Cash Flow | -3.85M | 1.44M | 12.27M | 767.00K | 3.03M | 4.00M |
| Investing Cash Flow | 13.91M | 105.98M | -20.70M | 192.25M | -174.37M | 99.62M |
| Financing Cash Flow | -45.90M | -59.55M | -19.53M | -185.58M | 45.70M | -23.76M |
Helical Technical Analysis
Negative
187.00
Price Trends
192.33
Negative
191.92
Negative
203.29
Negative
Market Momentum
-5.02
Positive
35.75
Neutral
20.51
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HLCL, the sentiment is Negative. The current price of 187 is above the 20-day moving average (MA) of 186.19, below the 50-day MA of 192.33, and below the 200-day MA of 203.29, indicating a bearish trend. The MACD of -5.02 indicates Positive momentum. The RSI at 35.75 is Neutral, neither overbought nor oversold. The STOCH value of 20.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:HLCL.
Helical Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £1.51B | 4.93 | 12.27% | 5.71% | 4.80% | 37.75% | |
76 Outperform | £50.18M | 3.28 | 6.10% | 3.92% | -6.10% | 889.93% | |
68 Neutral | £347.01M | 8.24 | 5.35% | 5.88% | -6.52% | -20.26% | |
67 Neutral | £1.22B | 7.07 | 10.25% | 3.62% | -8.66% | 553.35% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
51 Neutral | £150.60M | -6.51 | -9.62% | ― | ― | ― | |
50 Neutral | £217.97M | 35.14 | 5.91% | 2.71% | -14.09% | ― |
* Real Estate Sector Average
GB:HLCL
Helical
177.60
4.58
2.65%
GB:GRI
Grainger
165.00
-16.31
-9.00%
GB:MTVW
Mountview Estates
8,900.00
109.49
1.25%
GB:PNS
Panther Securities
290.00
11.18
4.01%
GB:PSDL
Phoenix Spree Deutschland Ltd
164.00
4.00
2.50%
GB:SRE
Sirius Real Estate
95.20
20.80
27.96%
Helical Corporate Events
Other
Helical Director Increases Stake with £44,700 Share Purchase
Positive
Mar 26, 2026
Helical plc has disclosed a share purchase by independent non-executive director Robert Fowlds, who acquired 25,000 ordinary 1p shares in the company on 26 March 2026 on the London Stock Exchange. The transaction was executed at a price of £1...
Business Operations and StrategyExecutive/Board Changes
Helical appoints Robert Fowlds as new independent chair amid governance reshuffle
Positive
Mar 25, 2026
Helical PLC has announced that Richard Cotton will step down as Board Chair, Nominations Committee Chair and Director at the end of April, after overseeing the company’s 2024 strategic repositioning and the appointment of its current executi...
Business Operations and Strategy
Helical Awards 16,452 Shares Under Employee Incentive Plan
Neutral
Mar 5, 2026
Helical PLC has granted a total of 16,452 ordinary shares under its Share Incentive Plan, using contributions from directors, senior managers and employees that are matched by the company on a two-for-one basis. The shares were awarded at a price ...
Business Operations and StrategyPrivate Placements and Financing
Helical JV Strikes £200m Forward Funding Deal for Southwark Student Scheme
Positive
Feb 27, 2026
Helical plc, in joint venture with Places for London, has agreed a forward funding sale of its Southwark over-station purpose-built student accommodation project to a Places for London-owned vehicle, valuing the 429-studio scheme at more than ...
Business Operations and StrategyPrivate Placements and Financing
Helical and Places for London Secure £220m Loan for Paddington Overstation Office Scheme
Positive
Feb 12, 2026
Helical and Places for London, Transport for London’s property arm, have secured a £220 million development loan from PIMCO Prime Real Estate to fund the acquisition and delivery of the Paddington Over Station Development, a 235,000 sq ...
Business Operations and StrategyFinancial Disclosures
Helical Sets Date for Full-Year 2026 Results and Analyst Presentation
Neutral
Feb 10, 2026
Helical plc has scheduled the release of its full-year results for the financial year ended 31 March 2026, with the announcement set for Friday, 22 May 2026. The company will host an in-person presentation for analysts at 9:00 a.m. on the same day...
Other
Helical Non-Executive Director Amanda Aldridge Buys 12,000 Shares
Positive
Jan 28, 2026
Helical plc disclosed that independent non-executive director Amanda J. Aldridge purchased 12,000 ordinary shares in the company on 27 January 2026 at a price of £1.95 per share, in a transaction conducted on the London Stock Exchange. Follow...
Other
Helical Chairman Adds to Stake Through Dividend Reinvestment Plan
Neutral
Jan 27, 2026
Helical plc has disclosed that its independent non-executive chairman, Richard R. Cotton, has increased his holding in the company through participation in Helical’s Dividend Reinvestment Plan. On 19 January 2026, Cotton acquired 420 ordinar...
Business Operations and StrategyExecutive/Board Changes
Helical Awards Shares to Directors and Staff Under Incentive Plan
Neutral
Jan 15, 2026
Helical plc has granted 2,521 ordinary shares to its directors, persons discharging managerial responsibilities (PDMRs) and employees under its Share Incentive Plan, using the dividend share element and valuing the awards at the 13 January 2026 cl...
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.