Triple Point Social Housing REIT PLC (SOHO) AI Stock Analysis

• Market Cap: £269.92M
• Dividend Yield: 8.16%
• Average Volume (3M): 908.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.69
• Revenue Growth: -4.24%
• EPS Growth: -273.62%
• Country: UK
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Residential
• EPS (TTM): 0.03
• Shares Outstanding: 393,466,500
• 10 Day Avg. Volume: 737,688
• 30 Day Avg. Volume: 908,537
• PEG Ratio: 0.03
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 5.97
• P/FCF Ratio: 8.04
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: 72.00p ▲(5.11% Upside)

The score is primarily held back by the 2024 earnings reversal to a net loss and weaker free cash flow despite solid operating margins and manageable leverage. Technicals are supportive with price above key moving averages and positive MACD. Valuation is mixed: an attractive dividend yield is offset by a negative P/E tied to losses, while recent dividend and governance-related events provide an additional, modest positive.

Positive Factors

Stable Cash Flow

The increase in operating cash flow indicates robust cash generation, supporting the company's ability to fund operations and dividends, which is crucial for long-term sustainability.

Zero Debt

Having zero debt enhances financial stability and flexibility, allowing the company to navigate economic uncertainties without the burden of interest payments.

Strategic Partnerships

Strategic partnerships with key stakeholders ensure high occupancy rates and stable revenue streams, reinforcing the company's market position in the social housing sector.

Negative Factors

Revenue Decline

A decline in revenue indicates potential challenges in maintaining growth and profitability, which could impact the company's ability to sustain operations and dividends long-term.

Reduced Equity

Reduced equity can weaken the company's financial foundation, limiting its ability to absorb losses and invest in growth opportunities, which may affect future stability.

Tenant Financial Issues

Financial issues with tenants can disrupt revenue streams and increase operational risk, potentially affecting the company's financial health and market reputation over time.

Triple Point Social Housing REIT PLC Business Overview & Revenue Model

Company Description

Triple Point Social Housing REIT plc (the Company) is a Real Estate Investment Trust (REIT) incorporated in England and Wales under the Companies Act 2006 as a public company limited by shares on 12 June 2017. The address of the registered office is 1 King William Street, London, United Kingdom, EC4N 7AF. The Company is registered as an investment company under section 833 of the Companies Act 2006 and is domiciled in the United Kingdom. The principal activity of the Company is to act as the ultimate parent company of Triple Point Social Housing REIT plc and its subsidiaries (the Group) and to provide shareholders with an attractive level of income, together with the potential for capital growth from investing in a portfolio of social homes.

How the Company Makes Money

Triple Point Social Housing REIT PLC generates revenue primarily through the rental income derived from its portfolio of social housing properties. The company leases these properties to housing associations and care providers on a long-term basis, ensuring a stable and predictable cash flow. These leases are typically inflation-linked, providing a hedge against inflation and supporting revenue growth over time. Additionally, the company benefits from government-backed rental payments, as its tenants are often eligible for housing benefits, which further secures the revenue stream. The company's strategic partnerships with local authorities and care providers also contribute to its ability to maintain high occupancy rates and ensure consistent income generation.

Triple Point Social Housing REIT PLC Financial Statement Overview

Summary

Triple Point Social Housing REIT PLC presents a mixed financial picture. The income statement reveals significant revenue challenges, with negative figures indicating financial instability. However, the balance sheet benefits from zero debt, though reduced equity raises concerns. Cash flows are robust, suggesting operational sustainability, but emphasis on revenue recovery and equity management is crucial.

Income Statement

The company experienced a significant decline in revenue, with a negative revenue figure in the most recent year. This has led to negative gross profit and net income margins, indicating financial instability. The EBIT margin is positive, suggesting some operational profitability despite overall losses. However, the lack of EBITDA data limits further analysis.

Balance Sheet

The company has substantially reduced its total debt to zero, significantly improving its leverage position. However, stockholders' equity has decreased, resulting in a lower equity ratio. The debt-to-equity ratio is strong due to zero debt, yet the decline in equity could be concerning if not managed.

Cash Flow

The operating cash flow has increased compared to previous years, demonstrating strong cash generation. Free cash flow also remains healthy, displaying growth over time. The free cash flow to net income ratio is positive, reflecting efficient cash earnings from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	39.07M	39.18M	39.84M	37.41M	33.12M	28.93M
Gross Profit	33.46M	34.35M	34.61M	32.71M	28.57M	24.83M
EBITDA	25.21M	27.16M	0.00	0.00	0.00	22.26M
Net Income	-44.55M	-36.39M	34.99M	24.90M	28.41M	24.59M
Balance Sheet
Total Assets	642.22M	658.81M	713.05M	705.01M	699.99M	630.06M
Cash, Cash Equivalents and Short-Term Investments	25.14M	26.90M	29.45M	30.14M	52.47M	53.70M
Total Debt	261.58M	262.91M	262.65M	262.55M	260.16M	196.38M
Total Liabilities	266.24M	269.06M	265.43M	265.73M	263.88M	201.41M
Stockholders Equity	375.98M	389.74M	447.62M	439.29M	436.11M	428.65M
Cash Flow
Free Cash Flow	12.95M	29.07M	25.86M	18.49M	19.10M	19.92M
Operating Cash Flow	23.11M	29.07M	25.86M	25.70M	24.71M	24.51M
Investing Cash Flow	-1.96M	-2.32M	7.55M	-18.49M	-61.24M	-94.37M
Financing Cash Flow	-21.67M	-28.86M	-34.10M	-29.55M	35.71M	57.99M

Triple Point Social Housing REIT PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 68.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SOHO, the sentiment is Positive. The current price of 68.5 is above the 20-day moving average (MA) of 67.47, above the 50-day MA of 66.77, and above the 200-day MA of 65.95, indicating a bullish trend. The MACD of 0.60 indicates Negative momentum. The RSI at 57.14 is Neutral, neither overbought nor oversold. The STOCH value of 71.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SOHO.

Triple Point Social Housing REIT PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PRSR	75 Outperform	£620.65M	8.06	10.16%	3.85%	13.95%	-17.77%
SREI	66 Neutral	£274.88M	―	―	6.64%	―	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
SOHO	61 Neutral	£269.92M	-6.06	-10.89%	8.16%	-4.24%	-273.62%
RESI	53 Neutral	£107.25M	―	―	6.96%	―	―
KCR	50 Neutral	£3.48M	10.57	2.62%	―	4.96%	―

Triple Point Social Housing REIT PLC Corporate Events

Social Housing REIT Declares Interim Dividend for Q3 2025

Social Housing REIT plc has announced an interim dividend of 1.4055 pence per Ordinary Share for the period from 1 July 2025 to 30 September 2025, payable on or around 19 December 2025. The company aims for a total dividend of 5.622 pence per share for the financial year ending 31 December 2025. This announcement reflects the company’s ongoing commitment to providing sustainable income for its shareholders while supporting vulnerable adults through its specialised housing investments.

The most recent analyst rating on (GB:SOHO) stock is a Hold with a £57.00 price target. To see the full list of analyst forecasts on Triple Point Social Housing REIT PLC stock, see the GB:SOHO Stock Forecast page.

Social Housing REIT Strengthens Board with New Appointments

Social Housing REIT plc has announced the appointment of Jos Short and Fionnuala Hogan as independent Non-Executive Directors, effective March 2026 and November 2025, respectively. These appointments are part of a planned succession strategy, with Jos succeeding Chris Phillips as Chair of the Board and Fionnuala succeeding Peter Coward as Audit Committee Chair. The new directors bring extensive experience in real estate and governance, which is expected to strengthen the company’s leadership and support its strategic goals.

The most recent analyst rating on (GB:SOHO) stock is a Hold with a £57.00 price target. To see the full list of analyst forecasts on Triple Point Social Housing REIT PLC stock, see the GB:SOHO Stock Forecast page.