XLONWHR
Market cap412mUSD
Dec 24, Last price
78.90GBP
1D
0.13%
1Q
-11.74%
IPO
-24.21%
Name
Warehouse REIT PLC
Chart & Performance
P/E
977.14
P/S
656.95
EPS
0.08
Div Yield, %
0.08%
Shrs. gr., 5y
20.68%
Rev. gr., 5y
10.94%
Revenues
51m
P
Net income
34m
P
CFO
31m
-12.88%
Dividend
Sep 05, 20241.6 GBP/sh
Earnings
Jun 23, 2025
Profile
Warehouse REIT plc owns and manages a diversified portfolio of warehouse real estate assets in UK urban areas. This is a compelling market. The structural rise in e-commerce and investment in 'last-mile' delivery contribute to high tenant demand, while limited vacant space and our active asset management lead to growing rents. Capturing this income allows us to offer our shareholders an attractive dividend and the prospect of capital and further dividend growth. Our portfolio of well-located assets is let to occupiers ranging from pure e-commerce to traditional light industrial. As we expand, our vision is for Warehouse REIT to become the warehouse provider of choice across the UK.
Valuation
Title GBP in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2024‑03 | 2023‑03 | 2022‑03 | 2021‑03 | 2020‑03 | 2019‑03 | 2018‑03 | |
| Income | |||||||
Revenues | 51,026 -129.95% | (170,386) -431.52% | 51,396 43.73% | ||||
Cost of revenue | 21,728 | 17,868 | 16,044 | ||||
Unusual Expense (Income) | |||||||
NOPBT | 29,298 | (188,254) | 35,352 | ||||
NOPBT Margin | 57.42% | 110.49% | 68.78% | ||||
Operating Taxes | (196,536) | (56) | |||||
Tax Rate | |||||||
NOPAT | 29,298 | 8,282 | 35,408 | ||||
Net income | 34,306 -118.76% | (182,863) -195.64% | 191,204 55.31% | ||||
Dividends | (27,192) | (27,616) | (26,341) | ||||
Dividend yield | 7.75% | 6.36% | 3.57% | ||||
Proceeds from repurchase of equity | |||||||
BB yield | |||||||
| Debt | |||||||
Debt current | 987 | 705 | 696 | ||||
Long-term debt | 308,883 | 333,438 | 282,416 | ||||
Deferred revenue | 7,251 | 7,115 | 7,487 | ||||
Other long-term liabilities | (301,899) | (15,025) | 23,405 | ||||
Net debt | 286,661 | 297,862 | 266,069 | ||||
| Cash flow | |||||||
Cash from operating activities | 30,775 | 35,323 | 22,158 | ||||
CAPEX | (5,197) | (4,628) | (7,536) | ||||
Cash from investing activities | 36,345 | (20,932) | (53,847) | ||||
Cash from financing activities | (76,205) | (5,648) | 21,210 | ||||
FCF | 169,314 | 193,883 | (184,050) | ||||
| Balance | |||||||
Cash | 15,968 | 25,053 | 16,706 | ||||
Long term investments | 7,241 | 11,228 | 337 | ||||
Excess cash | 20,658 | 44,800 | 14,473 | ||||
Stockholders' equity | 259,941 | 781,302 | 463,306 | ||||
Invested Capital | 839,462 | 846,907 | 1,065,260 | ||||
ROIC | 3.47% | 0.87% | 3.71% | ||||
ROCE | 3.41% | 3.37% | |||||
| EV | |||||||
Common stock shares outstanding | 424,862 | 424,862 | 424,862 | ||||
Price | 0.83 -19.18% | 1.02 -41.13% | 1.74 37.78% | ||||
Market cap | 350,936 -19.18% | 434,209 -41.13% | 737,560 67.42% | ||||
EV | 637,597 | 1,099,397 | 1,003,629 | ||||
EBITDA | 29,463 | (188,065) | 35,533 | ||||
EV/EBITDA | 21.64 | 28.24 | |||||
Interest | 22,845 | 15,018 | 8,154 | ||||
Interest/NOPBT | 77.97% | 23.07% | |||||