Town Centre Securities PLC (GB:TOWN)
LSE:TOWN
Want to see GB:TOWN full AI Analyst Report?
Top Page
Town Centre Securities
(LSE:TOWN)
Select Model
Select Model
Rating:46Neutral
Price Target:
112.00 p
▼(-11.11% Downside)
Action:ReiteratedDate:12/19/25
The overall stock score is primarily influenced by financial performance challenges, including profitability and cash flow issues. Technical analysis provides a neutral outlook, while valuation is negatively impacted by the company's losses, despite a decent dividend yield.
Positive Factors
Recurring rental income
The company's core business of leasing commercial and residential space generates predictable recurring rental income. This durable cash flow base supports operating coverage, underpins dividend capacity, and provides a steady revenue foundation to fund maintenance and selective development over multiple cycles.
Negative Factors
High leverage
A debt-to-equity ratio of 1.41 signals significant leverage that raises refinancing and interest-rate risk. Elevated debt constrains financial flexibility, increases fixed charges, and can force asset sales or limit development ambitions during downturns, making capital structure a structural vulnerability.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring rental income
The company's core business of leasing commercial and residential space generates predictable recurring rental income. This durable cash flow base supports operating coverage, underpins dividend capacity, and provides a steady revenue foundation to fund maintenance and selective development over multiple cycles.
Read all positive factors
Town Centre Securities (TOWN) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£50.09M
Dividend Yield3.94%
Average Volume (3M)6.14K
Price to Earnings (P/E)―
Beta (1Y)0.16
Revenue Growth4.77%
EPS Growth-1540.79%
CountryUK
Employees150
SectorReal Estate
Sector Strength53
IndustryREIT - Diversified
Share Statistics
EPS (TTM)0.03
Shares Outstanding42,162,678
10 Day Avg. Volume6,428
30 Day Avg. Volume6,143
Financial Highlights & Ratios
PEG Ratio0.30
Price to Book (P/B)0.51
Price to Sales (P/S)1.66
P/FCF Ratio-40.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.05
Revenue Forecast (FY)£30.00M
Town Centre Securities Business Overview & Revenue Model
Company Description
Town Centre Securities (TOWN) is a UK-based property investment and development company, specializing in the acquisition, management, and development of commercial and residential real estate. Operating primarily within the retail and leisure sect...
How the Company Makes Money
Town Centre Securities makes money primarily through (1) recurring rental income from leasing space across its investment property portfolio to commercial and residential tenants and (2) property-related operating income from managing and running ...
Town Centre Securities Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 34.39M | 34.49M | 31.97M | 31.20M | 29.72M | 21.43M |
| Gross Profit | 10.49M | 14.38M | 16.16M | 18.18M | 17.45M | 13.95M |
| EBITDA | 9.62M | 11.43M | -1.27M | 10.68M | 12.09M | 8.88M |
| Net Income | -5.25M | -3.45M | -8.01M | -29.49M | 11.01M | -576.00K |
Balance Sheet | ||||||
| Total Assets | 297.84M | 281.43M | 292.43M | 306.68M | 375.07M | 364.10M |
| Cash, Cash Equivalents and Short-Term Investments | 26.55M | 17.99M | 25.33M | 29.76M | 22.15M | 21.67M |
| Total Debt | 175.28M | 157.90M | 159.37M | 153.21M | 185.94M | 197.20M |
| Total Liabilities | 188.89M | 169.13M | 172.79M | 165.59M | 195.76M | 208.70M |
| Stockholders Equity | 108.95M | 112.30M | 119.64M | 141.09M | 179.30M | 155.40M |
Cash Flow | ||||||
| Free Cash Flow | -827.00K | -1.41M | 6.08M | 7.46M | 4.57M | -2.47M |
| Operating Cash Flow | 3.94M | 3.42M | 6.60M | 8.04M | 4.85M | -2.28M |
| Investing Cash Flow | -12.22M | -2.10M | 2.24M | 51.06M | 10.72M | 44.08M |
| Financing Cash Flow | 7.84M | -3.10M | -9.07M | -56.21M | -17.39M | -43.61M |
Town Centre Securities Technical Analysis
Negative
126.00
Price Trends
119.40
Negative
122.03
Negative
124.82
Negative
Market Momentum
-0.82
Positive
43.30
Neutral
21.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TOWN, the sentiment is Negative. The current price of 126 is above the 20-day moving average (MA) of 118.02, above the 50-day MA of 119.40, and above the 200-day MA of 124.82, indicating a bearish trend. The MACD of -0.82 indicates Positive momentum. The RSI at 43.30 is Neutral, neither overbought nor oversold. The STOCH value of 21.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TOWN.
Town Centre Securities Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £59.97M | 4.85 | 10.22% | 8.23% | 5.98% | 35.28% | |
72 Outperform | £414.95M | 3.34 | 11.57% | 7.17% | 1.60% | 211.81% | |
66 Neutral | £33.19M | 54.66 | 4.33% | 7.14% | -41.22% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
60 Neutral | £398.35M | 6.81 | 7.51% | 5.15% | -3.98% | 412.08% | |
51 Neutral | £54.20M | -11.90 | -0.96% | 5.02% | -13.04% | 64.44% | |
46 Neutral | £50.09M | -9.68 | -4.75% | 3.94% | 4.77% | -1540.79% |
* Real Estate Sector Average
GB:TOWN
Town Centre Securities
118.00
-10.97
-8.51%
GB:CREI
Custodian REIT
85.70
12.35
16.84%
GB:PCA
Palace Capital
173.00
-32.34
-15.75%
GB:RLE
Real Estate ate ate Investors
31.00
2.98
10.62%
GB:PCTN
Picton Property Income
77.90
6.48
9.07%
GB:AIRE
Alternative Income REIT Plc
74.10
9.79
15.22%
Town Centre Securities Corporate Events
Other
Town Centre Securities Director Adjusts Holding in Estate Planning Move
Neutral
Apr 1, 2026
Town Centre Securities has disclosed that non-executive director Michael Ziff has transferred 51,282 shares, around 0.1% of the company’s issued share capital, to his three sons as part of personal estate planning. Following the off-market t...
Business Operations and StrategyDividendsFinancial Disclosures
Town Centre Securities holds dividend as resilient income offsets valuation hit
Neutral
Mar 26, 2026
Town Centre Securities reported a small statutory loss for the half year to 31 December 2025 as modest portfolio valuation declines offset resilient income from its rental, car park and hotel operations. EPRA earnings fell year on year, net assets...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.