XLONLAS
Market cap10mUSD
Dec 19, Last price
9.50GBP
Name
London & Associated Properties PLC
Chart & Performance
Profile
London & Associated Properties is a fully listed property investment company specialising in retail. It owns a portfolio of shopping centres and other retail property currently worth some £78m. LAP also invests in joint ventures with institutional co-owners; these have included Oaktree Capital Management, Schroders and Bank of Scotland. LAMS, LAP's directly owned subsidiary, is an property asset manager that carries out both asset management and property management for third parties. These parties have included the Lloyds Bank, NAMA, Deloittes and Grant Thornton as well as the joint ventures in which LAP has invested. LAP also has a 41.5% interest in Bisichi Mining Plc, a fully listed mining company. Bisichi owns a retail property portfolio that is also managed by LAP.
Valuation
Title GBP in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 53,183 -46.95% | 100,243 77.49% | 56,477 61.28% | |||||||
Cost of revenue | 42,193 | 46,651 | 43,229 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 10,990 | 53,592 | 13,248 | |||||||
NOPBT Margin | 20.66% | 53.46% | 23.46% | |||||||
Operating Taxes | 307 | 12,002 | 698 | |||||||
Tax Rate | 2.79% | 22.40% | 5.27% | |||||||
NOPAT | 10,683 | 41,590 | 12,550 | |||||||
Net income | (3,861) -118.24% | 21,166 2,462.47% | 826 -109.12% | |||||||
Dividends | (1,372) | (641) | ||||||||
Dividend yield | 3.76% | |||||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 13,580 | 22,475 | 31,918 | |||||||
Long-term debt | 16,849 | 21,205 | 15,240 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 1,615 | 1,716 | 1,391 | |||||||
Net debt | 9,193 | 15,708 | 35,009 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 3,829 | 30,681 | 5,604 | |||||||
CAPEX | (11,011) | (1,871) | ||||||||
Cash from investing activities | (6,504) | (13,663) | 1,457 | |||||||
Cash from financing activities | (6,178) | (10,818) | (3,532) | |||||||
FCF | 17,597 | 5,593 | 10,049 | |||||||
Balance | ||||||||||
Cash | 7,712 | 16,268 | 9,203 | |||||||
Long term investments | 13,524 | 11,704 | 2,946 | |||||||
Excess cash | 18,577 | 22,960 | 9,325 | |||||||
Stockholders' equity | 43,591 | 50,009 | 36,505 | |||||||
Invested Capital | 59,804 | 69,603 | 74,425 | |||||||
ROIC | 16.51% | 57.75% | 16.39% | |||||||
ROCE | 14.02% | 57.43% | 15.76% | |||||||
EV | ||||||||||
Common stock shares outstanding | 85,326 | 85,326 | 85,326 | |||||||
Price | 0.20 | |||||||||
Market cap | 17,065 | |||||||||
EV | 54,958 | |||||||||
EBITDA | 12,751 | 54,954 | 16,063 | |||||||
EV/EBITDA | 1.00 | |||||||||
Interest | 3,646 | 3,218 | 2,543 | |||||||
Interest/NOPBT | 33.18% | 6.00% | 19.20% |