Company Valuation: Ground Rents Income Fund PLC

Data adjusted to current consolidation scope
Fiscal Period: September 2020 2021 2022 2023 2024 2025
Market Cap 1 78.58 71.35 47.79 35.49 23.92 24.87
Change - -9.19% -33.03% -25.73% -32.61% 4%
Enterprise Value (EV) 1 95.12 89.34 66.6 54.74 37.72 28.75
Change - -6.08% -25.45% -17.8% -31.09% -23.78%
P/E -49.4x 62.5x -6.37x -31.6x -0.8x -5.76x
PBR 0.77x 0.72x 0.54x 0.41x 0.42x 0.48x
PEG - -0x 0x 0.4x -0x 0.1x
Capitalization / Revenue 13x 12.5x 8.54x 6.2x 3.8x 4.18x
EV / Revenue 15.7x 15.7x 11.9x 9.56x 6x 4.83x
EV / EBITDA - - - - - -
EV / EBIT 25.3x 23.5x 18.8x 21.9x 16.2x 14.2x
EV / FCF 37x 54.7x 34.3x 347x 23.7x -589x
FCF Yield 2.7% 1.83% 2.91% 0.29% 4.22% -0.17%
Dividend per Share 2 0.0396 0.0372 0.03 0.005 - -
Rate of return 4.89% 5.04% 6.01% 1.35% - -
EPS 2 -0.0164 0.0118 -0.0784 -0.0118 -0.3106 -0.0451
Distribution rate -241% 315% -38.3% -42.5% - -
Net sales 1 6.066 5.694 5.596 5.724 6.291 5.953
EBITDA - - - - - -
EBIT 1 3.762 3.798 3.55 2.498 2.334 2.028
Net income 1 -1.586 1.193 -7.52 -1.125 -29.71 -4.319
Net Debt 1 16.54 17.99 18.81 19.25 13.81 3.881
Reference price 2 0.8100 0.7375 0.4995 0.3710 0.2500 0.2600
Nbr of stocks (in thousands) 97,006 96,746 95,668 95,668 95,668 95,668
Announcement Date 3/3/21 17/12/21 6/6/23 4/7/24 15/1/25 10/12/25
1GBP in Million2GBP
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 21.24M
20.84x12.52x14.79x5.95% 14.93B
8.4x14.3x18.45x6.41% 7.27B
12.22x14.61x15.58x5.22% 6.46B
20.57x13.3x14.88x4.8% 5.89B
9.8x14.45x15.45x7.1% 5.76B
8.1x13.76x17.54x5.89% 5.78B
9.09x16.07x19.4x8.83% 5.31B
12.42x11.37x12.97x5.55% 5.07B
18.08x9.77x12.41x6.66% 4.47B
Average 13.28x 13.35x 15.72x 6.27% 6.1B
Weighted average by Cap. 14.24x 13.34x 15.72x 6.19%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ground Rents Income Fund PLC

Historical PBR trend

Valuation ratios - PBR - Ground Rents Income Fund PLC

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ground Rents Income Fund PLC

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ground Rents Income Fund PLC

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