Primary Health Properties (PHP)

Sector:

Property Investment Trusts

Index:

FTSE 250

154.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 165.60p
  • 52 Week Low: 126.20p
  • Currency: UK Pounds
  • Shares Issued: 1,217.67m
  • Volume: 871,246
  • Market Cap: £1,875.22m
  • RiskGrade: 154

Dividend Data

  31-Dec-1931-Dec-1831-Dec-1731-Dec-1631-Dec-15
Q1 Dividend1.40p1.35p1.31p1.28pn/a
Q2 Dividend1.40p1.35p1.31p1.28pn/a
Q3 Dividend1.40p1.35p1.31p1.28pn/a
Q4 Dividend1.40p1.35p1.32p1.28pn/a
Total Dividend5.60p5.40p5.25p5.12p10.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Continuing Operations          
Revenue 121.30 79.60 72.50 67.40 63.12
Operating Profit/(Loss) 4.60 102.60 127.10 80.00 95.22
Net Interest (41.20) (29.70) (31.60) (32.50) (33.73)
Profit Before Tax (70.20) 74.30 91.90 43.70 56.03
Profit After Tax (71.30) 74.30 91.90 43.70 56.03
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (71.30) 74.30 91.90 43.70 56.03
Attributable to:          
Equity Holders of Parent Company (71.30) 74.30 91.90 43.70 56.03
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (6.50p) 10.50p 15.26p 7.78p 12.57p
Earnings per Share - Diluted (6.50p) 9.80p 14.66p 7.28p 11.17p
Earnings per Share - Adjusted 4.80p 5.20p 5.18p 4.79p 4.89p
Continuing and Discontinued EPS          
Earnings per Share - Basic (6.50p) 10.50p 15.26p 7.78p 12.57p
Earnings per Share - Diluted (6.50p) 9.80p 14.66p 7.28p 11.17p
Earnings per Share - Adjusted 4.80p 5.20p 5.18p 4.79p 4.89p
           
Dividend per Share 5.60p 5.40p 5.24p 5.11p 4.99p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Assets          
Non-Current Assets          
Property, Plant & Equipment n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 2,413.10 1,502.90 1,361.90 n/a 1,100.61
Investments n/a n/a n/a 1,220.20 n/a
Other Financial Assets n/a n/a n/a n/a 0.01
Other Non-Current Assets 0.50 0.60 n/a n/a n/a
  2,413.60 1,503.50 1,361.90 1,220.20 1,100.62
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 16.70 4.60 6.40 3.30 4.15
Cash at Bank & in Hand 143.10 5.90 3.80 n/a 2.88
Current Asset Investments n/a n/a n/a 5.10 n/a
Other Current Assets n/a n/a 0.30 n/a n/a
  159.80 10.50 10.50 8.40 7.03
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,573.40 1,514.00 1,372.40 1,228.60 1,107.65
           
Liabilities          
Current Liabilities          
Borrowings 6.10 102.40 0.80 0.80 0.86
Other Current Liabilities 59.90 32.10 33.10 31.50 34.00
  66.00 134.50 33.90 32.30 34.86
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 1,257.80 573.70 729.60 667.60 696.88
Provisions 3.10 n/a n/a n/a n/a
Other Non-Current Liabilities 18.00 17.80 22.10 29.50 30.55
  1,278.90 591.50 751.70 697.10 727.43
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,344.90 726.00 785.60 729.40 762.29
           
Net Assets 1,228.50 788.00 586.80 499.20 345.36
           
Capital & Reserves          
Share Capital 152.00 96.10 77.50 74.80 55.78
Share Premium Account 338.10 220.60 80.70 59.10 57.42
Other Reserves 439.90 101.50 133.10 161.70 72.28
Retained Earnings 298.50 369.80 295.50 203.60 159.87
Shareholders Funds 1,228.50 788.00 586.80 499.20 345.36
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 1,228.50 788.00 586.80 499.20 345.36
Cash Flow 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Net Cash Flow From Operating Activities 94.00 68.50 60.10 56.80 57.15
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (55.80) (101.90) (75.10) (96.70) (28.15)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities 100.70 34.80 13.20 42.10 (38.18)
Net Increase/Decrease In Cash 138.90 1.40 (1.80) 2.20 (9.19)
Ratios - based on IFRS 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Continuing Operations          
PE Ratio - Adjusted 33.3 21.3 22.5 23.2 22.0
PEG - Adjusted n/a n/a 2.8 n/a 1.1
Earnings per Share Growth - Adjusted -8% 0% 8% -2% 20%
Dividend Cover 0.86 0.96 0.99 0.94 0.98
Revenue per Share 9.96p 6.54p 5.95p 5.54p 5.18p
Pre-Tax Profit per Share (5.76p) 6.10p 7.55p 3.59p 4.60p
Operating Margin 3.79% 128.89% 175.31% 118.69% 150.86%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 33.3 21.3 22.5 23.2 22.0
PEG - Adjusted n/a n/a 2.8 n/a 1.1
Earnings per Share Growth - Adjusted -8% 0% 8% -2% 20%
Dividend Cover 0.86 0.96 0.99 0.94 0.98
           
Dividend Yield 3.5% 4.9% 4.5% 4.6% 4.6%
Dividend per Share Growth 3.70% 3.16% 2.52% 2.40% 2.56%
Operating Cash Flow per Share 7.72p 5.62p 4.94p 4.67p 4.69p
Cash Incr/Decr per Share 11.41p 0.12p (0.15p) 0.18p (0.76p)
Net Asset Value per Share (exc. Intangibles) 100.89p 64.71p 48.19p 41.00p 28.36p
Net Gearing 91.23% 85.05% 123.82% 133.89% 201.20%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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