BLND:LSE-British Land Company Plc (GBX)

COMMON STOCK | REIT-Diversified | LSE

Last Closing Price

GBX 520.80

Change

-3.00 (-0.57)%

Market Cap

GBX 4.85B

Volume

1.62M

Average Target Price

GBX 428.33 (-17.75%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Our portfolio of high quality UK commercial property is focused on London Offices and Retail around the UK. We own or manage a portfolio valued at £13.7bn (British Land share: £10.3bn) as at 30 September 2020 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles - Places People Prefer. We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them. This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance. Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 65% of our portfolio. Our Retail portfolio is focused on retail parks and shopping centres, and accounts for 31% of our portfolio. Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 53 acre redevelopment opportunity where we have plans to create a new neighbourhood for London. Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing. In April 2016 British Land received the Queen's Award for Enterprise: Sustainable Development, the UK's highest accolade for business success for economic, social and environmental achievements over a period of five years.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-05 )

Largest Industry Peers for REIT-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
LAND:LSE Land Securities Group plc

-12.60 (-1.72%)

GBX5.42B N/A N/A
UTG:LSE The Unite Group plc

-19.50 (-1.67%)

GBX4.65B 12.55 N/A
LMP:LSE LondonMetric Property Plc

N/A

GBX2.05B 21.93 25.97
SIR:LSE Secure Income REIT Ord

-3.00 (-0.78%)

GBX1.24B 8.09 10.34
LXI:LSE LXI REIT

-4.00 (-2.89%)

GBX0.72B 9.09 N/A
HBRN:LSE Hibernia REIT Plc

-1.10 (-1.11%)

GBX0.65B 994.00 109.49
BCPT:LSE BMO Commercial Property Trust

+2.00 (+2.56%)

GBX0.62B N/A N/A
PCTN:LSE Picton Property Income Limited

-0.10 (-0.11%)

GBX0.49B 42.43 N/A
RDI:LSE RDI REIT P.L.C

N/A

GBX0.46B 16.61 19.50
CREI:LSE Custodian REIT Ord

-1.10 (-1.10%)

GBX0.42B 200.40 17.56

ETFs Containing BLND

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (REIT-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.50% 21% F 46% F
Dividend Return 1.72% 94% A 76% C
Total Return 8.22% 25% F 51% F
Trailing 12 Months  
Capital Gain 38.51% 65% D 56% F
Dividend Return 2.23% 12% F 47% F
Total Return 40.74% 55% F 56% F
Trailing 5 Years  
Capital Gain -28.61% 39% F 18% F
Dividend Return 15.59% 30% F 59% F
Total Return -13.02% 50% F 21% F
Average Annual (5 Year Horizon)  
Capital Gain -8.09% 40% F 14% F
Dividend Return 3.86% 90% A- 76% C
Total Return -4.23% 20% F 16% F
Risk Return Profile  
Volatility (Standard Deviation) 18.08% 55% F 59% F
Risk Adjusted Return -23.40% 40% F 15% F
Market Capitalization 4.85B 95% A 94% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A N/A N/A
Price/Book Ratio 0.76 60% D- 86% B
Price / Cash Flow Ratio 12.94 75% C 34% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -20.02% 15% F 25% F
Return on Invested Capital 2.94% 45% F 57% F
Return on Assets 1.89% 26% F 57% F
Debt to Equity Ratio 40.72% 90% A- 41% F
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 1.60 5% F 11% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (GBX)

Quarterly Financials (GBX)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector