Shaftesbury Capital (SHC) AI Stock Analysis

• Market Cap: £2.99B
• Dividend Yield: 444.15%
• Average Volume (3M): 4.16M
• Price to Earnings (P/E): 11.1
• Beta (1Y): 1.21
• Revenue Growth: 12.79%
• EPS Growth: -74.41%
• Country: UK
• Employees: 101
• Sector: Real Estate
• Sector Strength: 56
• Industry: REIT - Retail
• EPS (TTM): 0.09
• Shares Outstanding: 1,953,178,100
• 10 Day Avg. Volume: 4,516,285
• 30 Day Avg. Volume: 4,161,813
• PEG Ratio: 0.02
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 20.01
• 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: £161.00
• Price Target Upside: 3.94% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 76 Outperform
• Price Target: 179.00p ▲(15.56%Upside)

Shaftesbury Capital's strong leasing performance and strategic partnerships significantly bolster its growth outlook, while solid financials and attractive valuation metrics provide a sound investment case. The technical indicators, although showing overbought conditions, confirm positive momentum in the stock price.

Positive Factors

Financial Health

The proceeds from the investment will reduce the company's loan-to-value ratio to under 20%, enhancing liquidity to repay the £275m exchangeable bond at maturity.

Investment Validation

The Norwegian sovereign wealth fund acquired a direct 25% stake in Shaftesbury's Covent Garden estate, validating the estate's valuation at a total of £2.7bn.

Negative Factors

Market Conditions

Some medium-term headwinds, such as a weaker consumer, could hold back the shares compared to peers.

Shaftesbury Capital Business Overview & Revenue Model

Company Description

Shaftesbury Capital (SHC) is a leading real estate investment trust (REIT) specializing in prime commercial and residential properties. The company focuses on the acquisition, development, and management of high-quality assets primarily located in prestigious urban areas. Its core services include property leasing, management, and development, catering to a diverse clientele seeking premium office, retail, and residential spaces.

How the Company Makes Money

Shaftesbury Capital generates revenue through rental income from its extensive portfolio of commercial and residential properties. Key revenue streams include lease agreements with retail, office, and residential tenants, and profits from property sales and development projects. The company benefits from strategic partnerships with retailers and businesses that enhance property value and attract premium tenants. Additionally, SHC may engage in joint ventures and partnerships to optimize property development and expansion, further contributing to its earnings.

Shaftesbury Capital Financial Statement Overview

Summary

Shaftesbury Capital shows strong revenue growth and profitability, with a healthy gross profit margin and notable net profit margin. However, operational volatility is suggested by fluctuating EBIT margins and high EBITDA, likely due to non-recurring items. The balance sheet is robust, with moderate ROE and a solid debt-to-equity ratio, indicating financial stability. Cash flow improvements are evident, but alignment with net income could be better.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	227.10M	198.00M	87.60M	75.30M	72.90M
Gross Profit	167.10M	144.80M	70.90M	42.80M	13.40M
EBITDA	324.70M	818.60M	-178.40M	73.40M	-679.10M
Net Income	252.10M	750.40M	-177.10M	59.10M	26.80M
Balance Sheet
Total Assets	5.23B	5.22B	2.35B	2.80B	2.91B
Cash, Cash Equivalents and Short-Term Investments	109.80M	208.50M	129.90M	331.10M	365.10M
Total Debt	1.47B	1.63B	744.40M	941.00M	1.08B
Total Liabilities	1.56B	1.74B	789.60M	1.01B	1.15B
Stockholders Equity	3.67B	3.48B	1.56B	1.79B	1.76B
Cash Flow
Free Cash Flow	49.40M	-17.00M	-4.10M	-8.80M	-78.70M
Operating Cash Flow	51.70M	-13.60M	7.00M	-900.00K	-54.80M
Investing Cash Flow	103.20M	155.80M	7.10M	101.00M	-250.50M
Financing Cash Flow	-231.10M	-71.90M	-215.30M	-147.60M	517.30M

Shaftesbury Capital Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 154.90
• 50DMA: Positive
• 100DMA: Positive
• 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 Positive. The current price of 154.9 is above the 20-day moving average (MA) of 152.45, above the 50-day MA of 146.75, and above the 200-day MA of 132.18, indicating a bullish trend. The MACD of 2.65 indicates Positive momentum. The RSI at 59.60 is Neutral, neither overbought nor oversold. The STOCH value of 40.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SHC.

Shaftesbury Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SAFE	83 Outperform	£1.49B	5.04	13.69%	599.56%	1.66%	11.42%
SHC	76 Outperform	£2.99B	11.06	7.05%	444.15%	12.79%	-74.41%
BYG	75 Outperform	£1.83B	9.09	8.06%	507.46%	2.44%	-18.76%
GPE	74 Outperform	£1.38B	11.31	6.47%	214.62%	-0.63%	―
LAND	69 Neutral	£4.39B	11.10	6.13%	831.78%	0.97%	―
BOOT	67 Neutral	£313.00M	13.42	5.64%	289.71%	-8.63%	-11.48%
Sector *	66 Neutral	£956.09M	13.99	2.04%	238.64%	11.04%	38.13%

Shaftesbury Capital Corporate Events

BlackRock Increases Stake in Shaftesbury Capital

Shaftesbury Capital PLC, a UK-based company, has announced a change in its major holdings due to an acquisition or disposal of voting rights by BlackRock, Inc. The transaction has resulted in BlackRock holding 6.08% of the voting rights in Shaftesbury Capital, up from a previous position of 5.82%. This change in holdings indicates a slight increase in BlackRock’s influence within the company, which could have implications for the company’s governance and strategic direction.

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 Sees Increase in Major Shareholder Voting Rights

Shaftesbury Capital PLC has announced a change in major holdings, with Public Investment Corporation SOC Limited, based in Pretoria, South Africa, increasing its voting rights in the company from 2.077% to 3.034%. This acquisition of voting rights signifies a notable shift in the company’s shareholder structure, potentially impacting its governance and strategic decisions.

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.

BlackRock Increases Stake in Shaftesbury Capital

Shaftesbury Capital PLC, a UK-based company, has announced a change in its major holdings due to an acquisition or disposal of voting rights by BlackRock, Inc., a US-based investment management corporation. As of June 13, 2025, BlackRock’s total voting rights in Shaftesbury Capital increased to 5.82%, up from a previous 5.72%, indicating a slight shift in ownership stakes that could influence the company’s strategic decisions and shareholder dynamics.

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 Announces Dividend Impacting Bond Exchange Properties

Shaftesbury Capital PLC has announced a final cash dividend of GBP 0.018 per share, impacting its secured exchangeable bonds due in 2026. The dividend has resulted in a capital distribution, leading to changes in the exchange property, which now includes additional cash and shares. This adjustment affects bondholders’ entitlements and reflects the company’s strategic financial management, potentially influencing its market positioning and stakeholder interests.

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 Passes Key Resolutions at 2025 AGM

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 Reports Strong West End Leasing and Strategic Partnership

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 Announces Change in Voting Rights

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 Announces 2024 Final Cash Dividend Details

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.