SECURE PROPERTY Development & Investment (SPDI) AI Stock Analysis

• Market Cap: £2.26M
• Dividend Yield: N/A
• Average Volume (3M): 37.88K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.27
• Revenue Growth: -55.33%
• EPS Growth: -115.99%
• Country: UK
• Employees: 2
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 129,191,440
• 10 Day Avg. Volume: 10,740
• 30 Day Avg. Volume: 37,876
• PEG Ratio: 0.07
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 4.88
• P/FCF Ratio: 230.50
• 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: £4.50
• Price Target Upside: 157.14% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: 4.50p ▲(157.14% Upside)

The overall stock score of 52 reflects significant financial performance challenges, particularly in profitability and cash flow consistency. Technical analysis indicates bearish momentum, further weighing on the score. The low P/E ratio suggests potential undervaluation, but the lack of a dividend yield limits its appeal. The absence of earnings call and corporate events data means these factors do not influence the score.

SECURE PROPERTY Development & Investment Business Overview & Revenue Model

Company Description

SPDI is a London listed property company focused on Emerging Europe (Romania, Bulgaria, Greece, Serbia) with a growing portfolio of prime commercial properties let to blue chip clients on long leases, which generates high yields and offers significant potential for capital growth thanks to highly favourable macro and regional property market fundamentals.

How the Company Makes Money

SPDI generates revenue primarily through the development and sale of residential and commercial properties. The company profits from the appreciation of property values and successful project completions, which are sold to end-users or investors. Additionally, SPDI earns income through property management services, leasing and rental agreements, and strategic partnerships with real estate investment trusts (REITs) and other financial institutions. By leveraging its expertise in market analysis and property valuation, SPDI maximizes returns on investment and creates long-term value for stakeholders.

SECURE PROPERTY Development & Investment Financial Statement Overview

Summary

Secure Property Development & Investment faces significant profitability challenges, with fluctuating revenues and persistent net losses impacting its income statement. The balance sheet reflects a manageable debt level but declining equity, raising concerns about long-term financial health. The cash flow statement shows some positive signals, though cash generation remains inconsistent.

Income Statement

The company has experienced fluctuating revenue growth, with a notable decrease in 2024 compared to 2023. The gross profit margin has decreased significantly in 2024, indicating reduced profitability. The net profit margin is negative, highlighting ongoing losses. Despite a positive EBIT margin in 2024, EBITDA margin remains low, indicating operational challenges.

Balance Sheet

The balance sheet shows a decline in stockholders' equity over time, which raises concerns about financial stability. The debt-to-equity ratio is relatively low, suggesting manageable leverage. However, the equity ratio has decreased, indicating a higher proportion of liabilities in the company's capital structure.

Cash Flow

The company has shown improved free cash flow in 2024, but the operating cash flow remains volatile. The operating cash flow to net income ratio is low, reflecting inefficiencies in converting earnings into cash. Although the company has positive free cash flow, its ratio to net income is weak, indicating potential cash flow management issues.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.28M	1.43M	1.14M	1.05M	795.70K
Gross Profit	972.23K	1.43M	1.14M	1.05M	795.70K
EBITDA	72.68K	9.51M	-1.06M	-318.34K	-1.10M
Net Income	-838.07K	6.48M	-1.24M	184.41K	-1.49M
Balance Sheet
Total Assets	28.12M	28.20M	30.14M	53.16M	55.59M
Cash, Cash Equivalents and Short-Term Investments	1.05M	152.24K	66.57K	2.16M	129.86K
Total Debt	1.43M	985.17K	1.42M	3.03M	3.41M
Total Liabilities	21.83M	9.43M	16.65M	24.15M	25.96M
Stockholders Equity	6.28M	18.66M	13.11M	23.25M	23.71M
Cash Flow
Free Cash Flow	27.09K	-87.83K	-2.47M	-1.68M	-1.64M
Operating Cash Flow	27.09K	-87.83K	-2.47M	-1.68M	-1.64M
Investing Cash Flow	1.19M	1.11M	2.56M	5.70M	2.91M
Financing Cash Flow	-546.97K	-872.13K	-2.30M	-2.33M	-1.13M

SECURE PROPERTY Development & Investment Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SPDI, the sentiment is Negative. The current price of 1.75 is below the 20-day moving average (MA) of 2.08, below the 50-day MA of 3.60, and below the 200-day MA of 3.93, indicating a bearish trend. The MACD of -0.50 indicates Negative momentum. The RSI at 1.38 is Positive, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SPDI.

SECURE PROPERTY Development & Investment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CDFF	69 Neutral	£26.09M	25.49	3.49%	0.94%	-1.79%	-10.25%
WINK	67 Neutral	£25.17M	15.46	24.60%	6.62%	7.02%	-12.85%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
FPO	61 Neutral	£22.55M	9.13	5.09%	―	-3.81%	―
FLK	58 Neutral	£3.64M	23.83	3.44%	5.77%	0.55%	-45.82%
SPDI	52 Neutral	£2.26M	―	-2.41%	―	-55.33%	-115.99%
LAS	50 Neutral	£6.83M	―	-6.18%	―	13.51%	-112.77%

SECURE PROPERTY Development & Investment Corporate Events

SPDI Announces Arcona Share Distribution Timetable

Secure Property Development & Investment PLC has announced the distribution timetable for its shares in Arcona Property Fund N.V., with the ex-date set for 12 September 2025 and the record date on 15 September 2025. This announcement is part of SPDI’s strategy to manage its capital and provide returns to shareholders, indicating a structured approach to its investment in high-yield real estate assets.

The most recent analyst rating on (GB:SPDI) stock is a Hold with a £5.50 price target. To see the full list of analyst forecasts on SECURE PROPERTY Development & Investment stock, see the GB:SPDI Stock Forecast page.

Secure Property Development & Investment PLC Announces Share Capital Reduction

Secure Property Development & Investment PLC has received confirmation from the Cyprus Registrar of Companies for the reduction of its share capital, as approved by shareholders in April 2025. This enables the company to distribute shares of the Arcona Property Fund to its shareholders, aligning with its strategic focus on maximizing shareholder value through strategic asset management.

SPDI Reports Strategic Progress and Financial Resilience in 2024 Results

Secure Property Development & Investment PLC has announced its 2024 financial results, highlighting significant strategic progress despite challenging market conditions in South Eastern Europe. The company completed a major transaction with Arcona Property Fund, receiving shares valued at €12.5 million, and is now focused on monetizing remaining assets and exploring growth strategies. Despite a 10% decline in operating income due to lower energy costs, net operating income increased by 17% due to reduced expenses, positioning SPDI for future growth and stability.