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Urban Logistics REIT plc
(LSE:SHED)
Urban Logistics REIT plc (SHED) vs. S&P 500 (SPY)
Urban Logistics REIT plc Business Overview & Revenue Model
Urban Logistics REIT plc Financial Statement Overview
| Breakdown | ||||
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 60.10M | 55.30M | 37.81M | 24.18M | 12.60M | Gross Profit |
| 57.59M | 52.99M | 36.55M | 22.87M | 12.16M | EBIT |
| 41.51M | 47.71M | 26.30M | 18.51M | 6.46M | EBITDA |
| 0.00 | 47.84M | 26.39M | 18.56M | 6.48M | Net Income Common Stockholders |
| 24.74M | -82.66M | 171.77M | 47.60M | 9.36M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 31.01M | 30.16M | 127.38M | 60.46M | 132.28M | Total Assets |
| 1.15B | 1.16B | 1.18B | 611.68M | 343.29M | Total Debt |
| 359.03M | 356.49M | 248.18M | 206.20M | 76.56M | Net Debt |
| 334.81M | 326.33M | 120.80M | 145.74M | -55.72M | Total Liabilities |
| 389.30M | 387.55M | 286.43M | 224.22M | 84.53M | Stockholders Equity |
| 758.64M | 769.76M | 892.63M | 387.45M | 258.76M |
| Cash Flow | Free Cash Flow | |||
| 46.59M | 33.77M | 405.79M | 254.15M | 7.39M | Operating Cash Flow |
| 46.59M | 33.77M | 52.36M | -11.17M | 7.39M | Investing Cash Flow |
| 3.33M | -201.30M | -353.43M | -265.32M | -14.29M | Financing Cash Flow |
| -49.80M | 70.31M | 367.99M | 204.67M | 129.42M |
Urban Logistics REIT plc Technical Analysis
Urban Logistics REIT plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £438.46M | 11.56 | 6.91% | 6.20% | 0.17% | ― | |
76 Outperform | £1.33B | 3.57 | 17.89% | 4.96% | -0.36% | 85.03% | |
72 Outperform | $1.79B | 6.72 | 10.91% | 4.80% | 4.34% | 33.66% | |
71 Outperform | £9.46B | 15.65 | 5.18% | 4.03% | -9.88% | ― | |
69 Neutral | £585.08M | 32.76 | 2.39% | 6.04% | 4.41% | ― | |
61 Neutral | $4.76B | 18.86 | -2.89% | 8.05% | 6.45% | -20.33% |
Urban Logistics REIT plc Corporate Events
Urban Logistics REIT plc has announced a move towards an internalized management structure, highlighting the potential for significant rental increases and strategic asset acquisitions. The company has engaged in discussions with shareholders, who largely support the proposals, and clarified that no corporate acquisition offers have been received, though any future offers will be evaluated accordingly.
Urban Logistics REIT plc has successfully completed new lettings over five logistics units, totaling 301,000 square feet and securing an annual headline rent of £3.0 million. This activity has reduced portfolio vacancy from 8.1% to 6.2%, demonstrating strong demand in the logistics sector. The transactions, including notable leases in Doncaster and Southampton, highlight the company’s effective asset management and ability to exceed target rental levels, contributing to capital growth and enhanced property value.
Urban Logistics REIT plc is experiencing a widened discount to its net asset value despite positive sector fundamentals and strategic asset management efforts. The company’s ongoing asset recycling program aims to optimize its property portfolio, potentially leading to earnings growth and improved dividend cover, aligning with the normalization of the occupier market.
Urban Logistics REIT plc announced its total voting rights as of December 31, 2024, in compliance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rule. The company reported 465,088,000 ordinary shares in circulation, equating to the same number of voting rights, with an additional 6,887,411 shares held in treasury that do not carry voting rights. These figures are essential for shareholders to determine notification requirements regarding their interest changes in the company.
Urban Logistics REIT Plc has completed its share buyback programme, repurchasing 6,887,411 ordinary shares for approximately £7.44 million. These shares are retained in treasury for potential reissue or cancellation, leaving 465,088,000 shares with voting rights in circulation, which shareholders should use for determining required disclosures under FCA rules.
Urban Logistics REIT plc has recently repurchased 82,411 of its own ordinary shares at an average price of 104.6 pence per share, which will be held in treasury. This transaction results in a total of 465,088,000 shares with voting rights in circulation, impacting calculations for shareholder interest notifications under regulatory guidelines.
Urban Logistics REIT plc has announced the repurchase of 595,000 of its own ordinary shares, which will be held in Treasury. This transaction affects the total number of shares with voting rights to 465,170,411, influencing shareholder calculations under FCA’s Disclosure Guidance and Transparency Rules.
Urban Logistics REIT Plc has repurchased 590,000 ordinary shares, priced at an average of 108.0542 pence per share, now held in Treasury. Post-repurchase, the company has 471,975,411 shares issued, 6,210,000 in Treasury, and 465,765,411 shares with voting rights, impacting shareholder calculations under FCA guidelines.