Shaftesbury Capital (SHC) AI Stock Analysis

• Market Cap: £2.74B
• Dividend Yield: 2.61%
• Average Volume (3M): 3.46M
• Price to Earnings (P/E): 8.3
• Beta (1Y): 1.19
• Revenue Growth: -0.04%
• EPS Growth: 655.16%
• Country: UK
• Employees: 101
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.02
• Shares Outstanding: 1,953,178,100
• 10 Day Avg. Volume: 2,970,710
• 30 Day Avg. Volume: 3,462,654
• PEG Ratio: -0.13
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 10.07
• P/FCF Ratio: 46.28
• 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: £188.75
• Price Target Upside: 32.18% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 67 Neutral
• Price Target: 153.00p ▲(7.14% Upside)

Shaftesbury Capital's overall stock score is driven by its strong financial performance, characterized by robust revenue growth and profitability. The valuation is attractive with a low P/E ratio and a decent dividend yield. Technical analysis indicates mixed signals with a slight bearish trend, but positive momentum indicators. The absence of recent earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Strong Profitability Metrics

High profitability margins indicate efficient cost management and strong pricing power, which can sustain long-term financial health and shareholder value.

Robust Balance Sheet

A strong balance sheet with manageable debt levels provides financial stability and flexibility to pursue growth opportunities and withstand economic downturns.

Positive Cash Flow Improvements

Improved cash flow enhances the company's ability to invest in property development and refurbishment projects, supporting long-term revenue growth and asset value appreciation.

Negative Factors

Revenue Decline

Declining revenue growth may signal challenges in maintaining tenant demand or rental rates, potentially impacting long-term income stability and asset utilization.

Operational Volatility

Fluctuating operational margins suggest potential instability in core operations, which could affect consistent profitability and predictability of earnings.

Cash Generation Alignment

Misalignment between cash generation and net income may indicate inefficiencies in converting accounting profits into cash, affecting liquidity and investment capacity.

Shaftesbury Capital Business Overview & Revenue Model

Company Description

Shaftesbury Capital (SHC) is a UK-based real estate investment trust (REIT) focused on the ownership and management of high-quality retail and leisure properties predominantly located in the West End of London. The company specializes in acquiring and developing properties in prime locations that attract both local and international visitors. Its portfolio includes a diverse range of properties, from shops and restaurants to office spaces, all aimed at enhancing the vibrancy and appeal of the urban environment.

How the Company Makes Money

Shaftesbury Capital generates revenue primarily through rental income from its diverse portfolio of properties, which are leased to a variety of tenants in the retail and leisure sectors. The company benefits from long-term leases that provide stable cash flows, while also capitalizing on the increasing demand for prime retail space in London. Additionally, SHC engages in property development and refurbishment projects, which can lead to increased asset value and higher rental yields. Strategic partnerships with retailers and restaurateurs enhance its tenant mix, driving foot traffic and, consequently, rental income. The company's ability to adapt to market trends allows it to optimize its revenue streams and maintain strong occupancy rates across its properties.

Shaftesbury Capital Financial Statement Overview

Summary

Shaftesbury Capital exhibits a positive financial outlook with substantial revenue growth and strong profitability metrics. The balance sheet is robust, characterized by a healthy equity position and manageable debt levels. Cash flow improvements are evident, though aligning cash generation more closely with net income would enhance financial health further.

Income Statement

Shaftesbury Capital has shown strong revenue growth with a significant increase from the previous year, indicating a positive trajectory. The gross profit margin is healthy at approximately 73.6%, and the net profit margin for the latest year is notable at 111.0%, reflecting profitability. However, the EBIT margin shows fluctuations, and the EBITDA margin is exceptionally high, possibly due to non-recurring items, suggesting some operational volatility.

Balance Sheet

The company's balance sheet is solid, with a debt-to-equity ratio of 0.40, indicating a reasonable level of leverage. The equity ratio is strong at 70.2%, reflecting financial stability. Return on Equity (ROE) stands at 6.9%, which is moderate but shows the company is generating returns on its investments in equity.

Cash Flow

Shaftesbury Capital's cash flow position shows improvement, with a significant turnaround to positive free cash flow. The operating cash flow to net income ratio is less than optimal, suggesting room for improvement in cash generation relative to accounting profits. The free cash flow to net income ratio indicates that while the company is generating free cash flow, it is not fully aligned with net income levels.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	230.40M	227.10M	198.00M	87.60M	75.30M	72.90M
Gross Profit	173.80M	167.10M	141.90M	70.90M	42.80M	13.40M
EBITDA	124.80M	324.70M	818.60M	-175.30M	73.40M	-679.10M
Net Income	317.60M	252.10M	750.40M	-211.80M	34.80M	-703.70M
Balance Sheet
Total Assets	5.89B	5.23B	5.22B	2.35B	2.80B	2.91B
Cash, Cash Equivalents and Short-Term Investments	602.70M	109.80M	208.50M	129.90M	331.10M	365.10M
Total Debt	1.41B	1.47B	1.63B	744.40M	941.00M	1.08B
Total Liabilities	1.50B	1.56B	1.74B	789.60M	1.01B	1.15B
Stockholders Equity	3.80B	3.67B	3.48B	1.56B	1.79B	1.76B
Cash Flow
Free Cash Flow	203.80M	49.40M	-17.00M	-4.10M	-8.80M	-78.70M
Operating Cash Flow	102.70M	51.70M	-13.60M	7.00M	-900.00K	-54.80M
Investing Cash Flow	582.20M	103.20M	155.80M	7.10M	101.00M	-250.50M
Financing Cash Flow	-226.10M	-231.10M	-71.90M	-215.30M	-147.60M	517.30M

Shaftesbury Capital Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 142.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SHC, the sentiment is Negative. The current price of 142.8 is above the 20-day moving average (MA) of 142.57, above the 50-day MA of 141.92, and above the 200-day MA of 136.65, indicating a neutral trend. The MACD of 0.37 indicates Positive momentum. The RSI at 42.15 is Neutral, neither overbought nor oversold. The STOCH value of 21.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SHC.

Shaftesbury Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SAFE	―	£1.56B	5.30	13.69%	4.27%	1.66%	11.42%
BYG	―	$2.18B	10.77	8.06%	4.17%	2.44%	-18.76%
LAND	―	£4.62B	11.66	6.13%	5.34%	0.97%	―
SHC	―	£2.74B	8.34	8.66%	2.61%	-0.04%	655.16%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BOOT	―	£295.63M	11.37	6.37%	3.00%	22.07%	130.06%
GPE	―	£1.36B	11.31	6.47%	2.36%	-0.63%	―

Shaftesbury Capital Corporate Events

Shaftesbury Capital Announces Changes in Non-Executive Director Roles

Shaftesbury Capital PLC has announced changes in its non-executive director roles, with Richard Akers stepping down as Senior Independent Director and Chair of the Remuneration Committee, effective from the end of 2025 and the 2026 AGM, respectively. Sian Westerman and Madeleine Cosgrave will assume these roles, respectively, while Akers will continue as a Non-executive Director and committee member. These changes reflect the company’s ongoing governance evolution, potentially impacting its strategic direction and stakeholder engagement.

The most recent analyst rating on (GB:SHC) stock is a Hold with a £153.00 price target. To see the full list of analyst forecasts on Shaftesbury Capital stock, see the GB:SHC Stock Forecast page.

Shaftesbury Capital PLC Updates Exchangeable Bonds Following Dividend Distribution

Shaftesbury Capital PLC announced changes to its exchangeable bonds due to a recent interim cash dividend distribution. The capital distribution resulting from the dividend has led to adjustments in the exchange property, increasing the number of shares and cash per bond. This announcement impacts bondholders by altering the value and composition of the exchange property, reflecting the company’s financial strategy and market positioning.

The most recent analyst rating on (GB:SHC) stock is a Hold with a £153.00 price target. To see the full list of analyst forecasts on Shaftesbury Capital stock, see the GB:SHC Stock Forecast page.

Shaftesbury Capital Announces 2025 Interim Cash Dividend Details

Shaftesbury Capital PLC has announced the details of its 2025 interim cash dividend, which will be distributed at a rate of 1.9 pence per ordinary share. This includes 1.5 pence as a property income distribution (PID) and 0.4 pence as an ordinary dividend (Non-PID). The exchange rate for South African shareholders is set at 23.87450 ZAR to 1 GBP, resulting in a cash dividend of 45.36155 ZAR cents per share before taxes. The announcement provides guidance on withholding tax implications for both UK and South African shareholders, emphasizing the potential for tax exemptions and reductions under certain conditions.

The most recent analyst rating on (GB:SHC) stock is a Buy with a £165.00 price target. To see the full list of analyst forecasts on Shaftesbury Capital stock, see the GB:SHC Stock Forecast page.