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Shaftesbury Capital
(LSE:SHC)
Shaftesbury Capital (SHC) vs. iShares MSCI United Kingdom ETF (EWC)
Shaftesbury Capital Business Overview & Revenue Model
Shaftesbury Capital Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 228.40M | 227.10M | 198.00M | 87.60M | 75.30M | 72.90M | Gross Profit |
| 168.90M | 167.10M | 144.80M | 70.90M | 42.80M | 13.40M | EBIT |
| 145.90M | 312.00M | 35.30M | 6.10M | 8.50M | 11.80M | EBITDA |
| 157.40M | 324.70M | 818.60M | -178.40M | 73.40M | -679.10M | Net Income Common Stockholders |
| 37.40M | 252.10M | 750.40M | -177.10M | 59.10M | 26.80M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 28.60M | 109.80M | 208.50M | 129.90M | 331.10M | 365.10M | Total Assets |
| 3.96B | 5.23B | 5.22B | 2.35B | 2.80B | 2.91B | Total Debt |
| 776.90M | 1.47B | 1.63B | 744.40M | 941.00M | 1.08B | Net Debt |
| 748.30M | 1.36B | 1.45B | 728.90M | 609.90M | 715.50M | Total Liabilities |
| 855.60M | 1.56B | 1.74B | 789.60M | 1.01B | 1.15B | Stockholders Equity |
| 2.80B | 3.67B | 3.48B | 1.56B | 1.79B | 1.76B |
| Cash Flow | Free Cash Flow | ||||
| 65.00M | 49.40M | -17.00M | -4.10M | -8.80M | -78.70M | Operating Cash Flow |
| 40.50M | 51.70M | -13.60M | 7.00M | -900.00K | -54.80M | Investing Cash Flow |
| 117.70M | 103.20M | 155.80M | 7.10M | 101.00M | -250.50M | Financing Cash Flow |
| -160.30M | -231.10M | -71.90M | -215.30M | -147.60M | 517.30M |
Shaftesbury Capital Technical Analysis
Shaftesbury Capital Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £1.36B | 3.65 | 17.89% | 4.89% | -0.36% | 84.97% | |
74 Outperform | £2.82B | 10.46 | 7.05% | 2.45% | 12.79% | -74.41% | |
60 Neutral | $2.76B | 10.59 | 0.51% | 8507.90% | 5.51% | -19.44% | |
| $2.54B | 9.88 | 8.06% | 4.40% | ― | ― | ||
71 Outperform | £290.04M | 12.44 | 5.64% | 3.45% | -8.63% | -11.48% | |
64 Neutral | £1.32B | 10.76 | 6.47% | 2.09% | -2.73% | 91.05% | |
47 Neutral | £4.62B | 11.69 | 6.13% | 6.55% | -1.73% | ― |
Shaftesbury Capital Corporate Events
Shaftesbury Capital PLC held its 2025 Annual General Meeting, where several resolutions were passed, including the approval of the Directors’ Remuneration Report and the re-election of multiple directors. The meeting also saw the re-appointment of PricewaterhouseCoopers LLP as the company’s auditor and the authorization for the company to purchase its own shares. These resolutions reflect the company’s ongoing governance and operational strategies, potentially impacting its market positioning and stakeholder relations by reinforcing trust and continuity in leadership.
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.
Shaftesbury Capital PLC reports strong demand and leasing activity in its West End portfolio, with occupancy and leasing 8% ahead of December 2024 ERV, and a 3% increase in annualized rent roll. The company has completed a £2.7 billion partnership with NBIM for the Covent Garden estate, enhancing financial flexibility and growth opportunities. With a robust balance sheet and significant liquidity, Shaftesbury Capital is well-positioned to capitalize on market opportunities, despite macroeconomic uncertainties, aiming for sustained income and value growth for shareholders.
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.
Shaftesbury Capital PLC, a UK-based company, has announced a change in its voting rights structure following an acquisition or disposal by BlackRock, Inc., a major shareholder. The notification indicates that BlackRock’s total voting rights in Shaftesbury Capital have decreased slightly from 5.89% to 5.72%, which may impact the company’s shareholder dynamics and influence within the market.
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.
Shaftesbury Capital PLC announced the details of its 2024 final cash dividend, set at 1.8 pence per ordinary share, to be paid as a property income distribution. The dividend, subject to shareholder approval, will be paid on May 30, 2025, with an exchange rate of 25.25590 ZAR to 1 GBP for South African shareholders. The announcement outlines the tax implications for UK and South African shareholders, including withholding tax details and potential exemptions. This move underscores the company’s commitment to providing returns to its shareholders while navigating complex tax regulations across different jurisdictions.
Shaftesbury Capital PLC announced that Sian Westerman, a Non-executive Director, has purchased 15,000 ordinary shares in the company, representing 0.0008% of the issued share capital. This transaction, conducted on the London Stock Exchange, aligns with the UK Market Abuse Regulation requirements, indicating a potential increase in confidence or commitment from the director towards the company’s future prospects.
Shaftesbury Capital PLC has finalized a strategic partnership with Norges Bank Investment Management, the Norwegian sovereign wealth fund, involving a 25% non-controlling interest acquisition in the Covent Garden estate. Shaftesbury Capital retains 75% ownership and management control, strengthening its position in the central London property market and potentially enhancing value for stakeholders through this collaboration.
Shaftesbury Capital PLC announced that Madeleine Cosgrave, a Non-executive Director, purchased 40,000 ordinary shares, representing 0.002% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, aligns with the UK Market Abuse Regulation, ensuring compliance with notification obligations, and reflects a potential vote of confidence in the company’s future prospects.
Shaftesbury Capital PLC has announced that Richard Akers, their Senior Independent Director, will take on a new role as Non-executive Director and Chair Designate at Ibstock plc. This appointment, effective from May 5, 2025, signifies a strategic leadership transition for Ibstock, with Akers assuming the Chair position after the annual general meeting on May 15, 2025.
Shaftesbury Capital PLC has announced a strategic partnership with Norges Bank Investment Management, selling a 25% non-controlling interest in the Covent Garden estate for approximately £570 million. This transaction, valuing the estate at £2.7 billion, is expected to enhance Shaftesbury Capital’s financial flexibility, allowing for debt reduction and investment opportunities, while maintaining management control over the estate. The partnership is anticipated to be earnings-enhancing and positions the company for growth in London’s West End.
Shaftesbury Capital PLC is in advanced discussions with Norges Bank Investment Management regarding a potential partnership involving the company’s Covent Garden portfolio, valued at £2.7 billion. If finalized, this transaction would see NBIM acquiring a 25% stake, while Shaftesbury Capital retains control and management, positioning the company for future growth and value creation. However, there is no certainty that the transaction will be completed.
Shaftesbury Capital PLC has released its Annual Report for the year ending December 31, 2024, and the Notice of the 2025 Annual General Meeting. These documents are accessible on the company’s website and have been submitted to the National Storage Mechanism for inspection. The Annual General Meeting is scheduled for May 22, 2025, in London, with specific dates provided for shareholders on the South African register to trade and vote.
Shaftesbury Capital PLC has announced a final cash dividend of GBP 0.018 per share, scheduled for payment on 30 May 2025. This dividend will result in a Capital Distribution, as it exceeds the Reference Amount for the relevant period, affecting the Exchange Property of their secured exchangeable bonds due in 2026. The company has decided not to issue a Purchase Election Notice, and the adjustment to the Exchange Property will be effective on the same date.
Shaftesbury Capital PLC reported strong financial results for 2024, with significant growth in rental income and property valuation. The company’s West End estates experienced high footfall and customer sales growth, contributing to a 4.5% increase in portfolio valuation and a 16.2% rise in underlying earnings. With a strong balance sheet and significant liquidity, Shaftesbury Capital is well-positioned to capitalize on market opportunities, despite a challenging macro-economic environment. The company has completed numerous leasing transactions and property disposals, reinvesting in acquisitions with promising rental growth prospects. The West End portfolio remains a prime destination for market entry and expansion, benefiting from enhanced transport connectivity and reduced vacancy rates.