Picton Property Income Ltd (PCTN)

Sector:

Real Estate

Index:

FTSE Small Cap

92.90p
   
  • Change Today:
      1.10p
  • 52 Week High: 106.00
  • 52 Week Low: 83.50
  • Currency: UK Pounds
  • Shares Issued: 547.11m
  • Volume: 305,811
  • Market Cap: £508.26m

Dividend Data

  31-Mar-2231-Mar-2131-Mar-2031-Mar-1931-Mar-18
Q1 Dividend0.85p0.62p0.88p0.88p0.85p
Q2 Dividend0.85p0.70p0.88p0.88p0.85p
Q3 Dividend0.88p0.80p0.88p0.88p0.88p
Q4 Dividend0.88p0.80p0.62p0.88p1.00p
Total Dividend3.45p2.92p3.25p3.50p3.45p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18
Continuing Operations          
Revenue 46.54 43.33 45.66 47.73 48.78
Operating Profit/(Loss) 159.53 41.80 28.07 43.75 74.42
Net Interest (12.55) (7.99) (8.29) (9.09) (9.75)
Profit Before Tax 146.99 33.80 22.38 31.41 64.68
Profit After Tax 146.99 33.80 22.51 30.95 64.17
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 146.99 33.80 22.51 30.95 64.17
Attributable to:          
Equity Holders of Parent Company 146.99 33.80 22.51 30.95 64.17
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 27.00p 6.20p 4.10p 5.70p 11.90p
Earnings per Share - Diluted 26.90p 6.20p 4.10p 5.70p 11.90p
Earnings per Share - Adjusted 27.00p 6.20p 4.10p 5.70p 11.90p
Continuing and Discontinued EPS          
Earnings per Share - Basic 27.00p 6.20p 4.10p 5.70p 11.90p
Earnings per Share - Diluted 26.90p 6.20p 4.10p 5.70p 11.90p
Earnings per Share - Adjusted 27.00p 6.20p 4.10p 5.70p 11.90p
           
Dividend per Share 3.45p 2.92p 3.25p 3.50p 3.45p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18
Assets          
Non-Current Assets          
Property, Plant & Equipment 4.38 4.11 0.02 0.03 0.01
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 830.03 665.42 654.49 676.10 670.67
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets n/a n/a n/a n/a n/a
  834.41 669.53 654.51 676.13 670.68
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 22.85 19.58 17.60 14.31 15.27
Cash at Bank & in Hand 38.55 23.36 23.57 25.17 31.51
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a n/a 3.85
  61.40 42.94 41.17 39.48 50.63
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 895.81 712.47 695.67 715.60 721.31
           
Liabilities          
Current Liabilities          
Borrowings 1.18 1.05 1.00 0.94 0.82
Other Current Liabilities 19.14 18.80 19.44 22.40 21.47
  20.32 19.85 20.43 23.34 22.29
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 218.36 164.42 165.96 192.85 211.66
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  218.36 164.42 165.96 192.85 211.66
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 238.68 184.27 186.39 216.19 233.96
           
Net Assets 657.13 528.20 509.28 499.42 487.36
           
Capital & Reserves          
Share Capital 164.40 164.40 164.40 157.45 157.45
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves (0.30) (0.67) (0.78) (0.29) (0.25)
Retained Earnings 493.03 364.47 345.67 342.25 330.16
Shareholders Funds 657.13 528.20 509.28 499.42 487.36
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 657.13 528.20 509.28 499.42 487.36
Cash Flow 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18
Net Cash Flow From Operating Activities 20.01 18.57 13.54 25.28 25.64
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 (33.83) (1.30) 24.99 10.25 (17.81)
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 29.01 (17.48) (40.14) (41.87) (10.20)
Net Increase/Decrease In Cash 15.19 (0.21) (1.60) (6.34) (2.37)
Ratios - based on IFRS 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18
Continuing Operations          
PE Ratio - Adjusted 3.6 13.8 21.7 15.5 7.1
PEG - Adjusted 0.0 0.3 n/a n/a 0.1
Earnings per Share Growth - Adjusted 336% 51% -28% -52% 51%
Dividend Cover 7.83 2.12 1.26 1.63 3.45
Revenue per Share 8.51p 0.080p 8.35p 8.72p 8.92p
Pre-Tax Profit per Share 26.87p 0.062p 4.09p 5.74p 11.82p
Operating Margin 342.78% 96.47% 61.48% 91.66% 152.56%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 3.6 1,371.0 21.7 15.5 7.1
PEG - Adjusted 0.0 n/a n/a n/a 0.1
Earnings per Share Growth - Adjusted 43,043% -98% -28% -52% 51%
Dividend Cover 7.83 0.02 1.26 1.63 3.45
           
Dividend Yield 3.5% 3.4% 3.7% 4.0% 4.1%
Dividend per Share Growth 17.95% (10.00%) (7.14%) 1.45% 2.99%
Operating Cash Flow per Share 3.66p 3.39p 2.48p 4.62p 4.69p
Cash Incr/Decr per Share 2.78p n/a (0.29p) (1.16p) (0.43p)
Net Asset Value per Share (exc. Intangibles) 120.11p 96.54p 93.09p 91.28p 89.08p
Net Gearing 27.54% 26.90% 28.15% 33.76% 37.13%

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

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

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