London And Associated Properties (LAS) AI Stock Analysis

• Market Cap: £3.84M
• Dividend Yield: N/A
• Average Volume (3M): 9.04K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.22
• Revenue Growth: 13.51%
• EPS Growth: -112.77%
• Country: UK
• Employees: 227
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 85,326,000
• 10 Day Avg. Volume: 12,261
• 30 Day Avg. Volume: 9,044
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 43 Neutral
• Price Target: 4.50p ▲(0.00% Upside)

The overall stock score is primarily influenced by weak financial performance and technical indicators. The company's profitability challenges and negative valuation metrics significantly impact the score. Technical analysis suggests bearish momentum, further weighing down the stock's attractiveness.

London And Associated Properties Business Overview & Revenue Model

Company Description

London & Associated Properties is a fully listed property investment company specialising in retail. It owns a portfolio of shopping centres and other retail property currently worth some £78m. LAP also invests in joint ventures with institutional co-owners; these have included Oaktree Capital Management, Schroders and Bank of Scotland. LAMS, LAP's directly owned subsidiary, is an property asset manager that carries out both asset management and property management for third parties. These parties have included the Lloyds Bank, NAMA, Deloittes and Grant Thornton as well as the joint ventures in which LAP has invested. LAP also has a 41.5% interest in Bisichi Mining Plc, a fully listed mining company. Bisichi owns a retail property portfolio that is also managed by LAP.

How the Company Makes Money

The company generates revenue primarily through rental income from its property portfolio, which includes long-term leases with tenants across its various real estate holdings. Additionally, LAS engages in property development, allowing it to profit from the sale of newly developed properties or increased rental income from upgraded spaces. The company may also realize capital gains through the sale of properties that have appreciated in value. Strategic partnerships with local authorities and development firms can enhance LAS's market reach and profitability, while effective property management ensures sustained occupancy rates and tenant satisfaction.

London And Associated Properties Financial Statement Overview

Summary

Mixed financial performance with positive cash flow management and operational improvements, but ongoing challenges in profitability with negative net income.

Income Statement

The company has shown volatile revenue trends with a recent increase of 3.26% in annual revenue. However, the net profit margin remains negative, indicating challenges in profitability. EBIT and EBITDA margins show improvement, but the overall financial health is weakened by persistent net losses.

Balance Sheet

The company's debt-to-equity ratio is moderately high, suggesting some leverage risk. However, the equity ratio indicates a stable proportion of equity financing. Return on equity is negative due to net losses, which is a concern for profitability.

Cash Flow

Operating cash flow has significantly improved, and free cash flow is positive, reflecting better cash management. The free cash flow to net income ratio is favorable, despite net losses, indicating efficient cash generation relative to earnings.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	54.92M	53.18M	100.24M	56.48M	35.02M
Gross Profit	54.92M	53.18M	53.59M	13.25M	5.58M
EBITDA	11.70M	1.92M	36.87M	6.88M	-4.82M
Net Income	-373.00K	-3.86M	2.70M	-152.00K	-6.70M
Balance Sheet
Total Assets	100.06M	97.64M	118.92M	100.82M	103.39M
Cash, Cash Equivalents and Short-Term Investments	3.55M	7.71M	16.27M	9.20M	8.03M
Total Debt	27.66M	28.06M	41.43M	42.91M	45.51M
Total Liabilities	49.50M	49.33M	65.21M	60.60M	63.84M
Stockholders Equity	28.09M	28.49M	32.55M	29.68M	29.86M
Cash Flow
Free Cash Flow	8.56M	3.83M	19.67M	3.73M	-2.07M
Operating Cash Flow	8.56M	3.83M	30.68M	5.60M	1.45M
Investing Cash Flow	-7.84M	-6.50M	-13.66M	1.46M	-4.61M
Financing Cash Flow	-3.53M	-6.18M	-10.82M	-3.53M	-3.35M

London And Associated Properties Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:LAS, the sentiment is Negative. The current price of 4.5 is below the 20-day moving average (MA) of 6.49, below the 50-day MA of 7.89, and below the 200-day MA of 8.72, indicating a bearish trend. The MACD of -1.01 indicates Positive momentum. The RSI at 33.69 is Neutral, neither overbought nor oversold. The STOCH value of 39.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:LAS.

London And Associated Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CDFF	―	£26.09M	25.49	3.49%	0.94%	-1.79%	-10.25%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
WINK	―	£24.53M	15.07	24.60%	6.95%	7.02%	-12.85%
FLK	―	£3.74M	24.50	3.44%	6.16%	0.55%	-45.82%
FPO	―	£22.92M	9.28	5.09%	―	-3.81%	―
LAS	―	£3.84M	-2.25	-6.18%	―	13.51%	-112.77%
SPDI	―	£2.26M	-2.22	-2.41%	―	-55.33%	-115.99%

London And Associated Properties Corporate Events

London & Associated Properties Faces Challenges Amidst Market Uncertainties

London & Associated Properties PLC reported a challenging first half of 2025 with a significant decrease in profitability, recording an operating loss of £2.2 million compared to a profit of £4.7 million in the same period last year. The company is experiencing longer lead times for tenant commitments, particularly in its industrial portfolio, and is actively exploring cost-reduction strategies to restore profitability. Despite a high occupancy rate of 94.4%, the company faces uncertainties due to market conditions and interest rates, impacting its decision not to declare a dividend for the half year.

The most recent analyst rating on (GB:LAS) stock is a Hold with a £9.00 price target. To see the full list of analyst forecasts on London And Associated Properties stock, see the GB:LAS Stock Forecast page.