UKCM

Uk Commercial Property R... (UKCM)

Company name:	Uk Commercial Property Reit Limited
COD:	UKCM	Trading Currency:	GBX
Market Sector:	F25F	ISIN:	GB00B19Z2J52
Market Segment:	STMM	Share Type:	DE
WWW Address:	https://www.ukcpreit.com/	Description:	ORD 25P
Industry Sector:	REAL ESTATE INVESTMENT & SERVICES

Price	Variação [%]	Bid	Offer	Abertura	MAX	MIN	Volume
61.00	-0.5 [-0.81]	61.00	61.20	61.50	62.80	60.90	1,815,669
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52 Semanas
792.64	1,299.41	0.02	18.18	1.78	3.36	2.92	95.60 - 54.50

Uk Commercial Property R... Key Figures

Key Figures
(at previous day's close)
Market Cap.	792.64	m
Shares In Issue	1,299.41	m
Prev. Close	61.50
PE Ratio	3.36
Dividend Yield	2.92	%
EPS - basic	18.18	p
Dividend PS	1.78	p
Dividend Cover	10.21
Cash Flow PS	-9.52	p
Return On Equity (ROE)	17.83	%
Operating Margin	88.59	%
PEG Factor	0.00
EPS Growth Rate	2,401.27	%
Dividends PS Growth Rate	-6.81	%
Dívida Líquida	233.90	m
Gross Gearing	17.24	%
Quick Assets	92.88	m
Net Working Capital	65.19	m
Intangibles / Fixed Assets	-	%
Turnover PS	20.52	p
Pre-Tax Profit PS	18.18	p
Retained Profit PS	15.26	p
Cash PS	3.24	p
Net Cash PS	1.11	p
Net Tangible Asset Value PS *	101.99	p
Net Asset Value PS	102.00	p
Spread	0.20 (0.33%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Uk Commercial Property R... Balance Sheet

%1$s Balance Sheet

Share Price Performance

Share Price Performance
Sample Period ^†	MAX	MIN
1 Semana	62.80	54.50
4 Semanas	69.10	54.50
12 Semanas	80.00	54.50
1 Ano	95.60	54.50

Share Price Chart (5 years)

Uk Commercial Property R... Historic Returns

%1$s Historic Returns
Período ^†	Abertura	VAB	%	Abertura Média	Vol Diário Médio [m]	Volume [m]	VWAP
1 Semana	59.20	1.80	3.04	54.50	2.60		58.78
4 Semanas	67.80	-6.80	-10.03	54.50	2.66		63.76
12 Semanas	74.40	-13.40	-18.01	54.50	2.75		70.95
26 Semanas	91.00	-30.00	-32.97	54.50	2.95		78.85
1 Ano	74.50	-13.50	-18.12	54.50	2.72		78.69
3 Anos	83.90	-22.90	-27.29	47.40	2.18		74.83
5 Anos	91.55	-30.55	-33.37	47.40	1.87		78.56
† periods calculated are whole weeks rather than calendar months

Uk Commercial Property R... Key Management Ratios

DEEPER ANALYSIS

Uk Commercial Property R... Investment Ratios

%1$s Investment Ratios
(Market value analysis) at previous day's close
PQ Ratio	-
PE Ratio	3.36
Tobin's Q Ratio	0.54
Tobin's Q Ratio (excl. intangibles)	0.54
Dividend Yield	2.92	%
Market-to-Book Ratio	0.60
Price-to-Pre-Tax Profit PS	3.36
Price-to-Retained Profit PS	4.00
Price-to-Cash Flow PS	-6.40
Price-to-Sales PS	2.97
Price-to-Net Tangible Asset Value PS	0.60
Price-to-Cash PS	18.82
Net Working Capital PS	5.02
Price Pct to Working Capital PS	12.16	%
Earnings Yield	29.80	%
Average PE	179.08
Years in average	4
PE to PE average	1.87	%

Uk Commercial Property R... Financial Ratios

%1$s Financial Ratios
(Leverage Ratios)
Debt Ratio	15.78	%
Debt-to-Equity Ratio	0.19
Debt-to-Equity Ratio (excl. Intgbl)	0.19
Debt-to-Equity Market Value	0.31
Net Gearing	14.61	%
Net Gearing (excl. Intangibles)	14.61	%
Gross Gearing	17.24	%
Gross Gearing (excl. Intangibles)	17.24	%
Gearing Under 1 Year	1.73	%
Gearing Under 1 Year (excl. Intgbl)	1.73	%
Assets/Equity	1.21
Cash/Equity	3.18
(Liquidity Ratios)
Net Working Capital to Total Assets	4.07	%
Current Ratio	3.35
Quick Ratio (Acid Test)	3.35
Liquidity Ratio	1.52
Cash & Equiv/Current Assets	45.35	%
(Solvency Ratios)
Enterprise Value	998.85	m
CFO/Sales	-0.46
CFO/Attributable Profit	-
CFO/Assets	-0.08
CFO/Debt	-0.45
Total Debt/Equity Market Value	0.35
Total Debt/Sales	1.04
Total Debt/Pre-Tax Profit	1.17
Total Debt	276.02	m
Total Debt/Net Current Assets	4.23	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	419.06	%
5 yr Compound Earnings Growth	12.43	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	9

Beta coefficients
Beta (60-Mnth)	Beta (36-Mnth)
0.0219	0.0190

Uk Commercial Property R... Operating Ratios

%1$s Operating Ratios
(Profitability Ratios)
Return On Capital Employed (ROCE)	15.01	%
Return On Assets (ROA)	15.99	%
Net Profit Margin	88.59	%
Assets Turnover	0.18
Return On Equity (ROE)	17.83	%
Return On Investment (ROI)	16.30	%
Dividend Payout Ratio	9.79	%
Plowback Ratio	90.21	%
Growth from Plowback Ratio	17.38	%
Net Income Of Revenues	74.35	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.22
Fixed Assets Turnover	0.20
Current Assets Turnover	1.95
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	5.54
Debtors-to-Sales	18.41	%
Debt Collection Period	67.21	Dias

Uk Commercial Property R... Dividends

%1$s Dividends
Data	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
10 Ago 2022	Interim	GBX	0.85	30/12/2021	30/06/2022	18/08/2022	19/08/2022	31/08/2022	-
10 Ago 2022	Special	GBX	1.92	30/12/2021	30/06/2022	18/08/2022	19/08/2022	31/08/2022	-
04 Mai 2022	Interim	GBX	0.80	01/12/2021	31/03/2022	12/05/2022	13/05/2022	27/05/2022	-
03 Fev 2022	Interim	GBX	0.28	31/12/2020	31/12/2021	10/02/2022	11/02/2022	25/02/2022	1.78
04 Nov 2021	Interim	GBX	0.22	30/05/2021	30/09/2021	11/11/2021	12/11/2021	26/11/2021	-
05 Ago 2021	Interim	GBX	0.64	30/12/2020	30/06/2021	12/08/2021	13/08/2021	27/08/2021	-
05 Mai 2021	Interim	GBX	0.64	01/12/2020	31/03/2021	13/05/2021	14/05/2021	28/05/2021	-
23 Abr 2021	Interim	GBX	0.53	31/12/2019	31/12/2020	06/05/2021	07/05/2021	21/05/2021	1.91
05 Nov 2020	Interim	GBX	0.46	30/05/2020	30/09/2020	12/11/2020	13/11/2020	30/11/2020	-
06 Ago 2020	Interim	GBX	0.46	30/12/2019	30/06/2020	13/08/2020	14/08/2020	28/08/2020	-
06 Mai 2020	Interim	GBX	0.46	01/12/2019	31/03/2020	14/05/2020	15/05/2020	29/05/2020	-
06 Fev 2020	Interim	GBX	0.92	31/12/2018	31/12/2019	13/02/2020	14/02/2020	28/02/2020	3.68
06 Nov 2019	Interim	GBX	0.92	30/05/2019	30/09/2019	14/11/2019	15/11/2019	29/11/2019	-
01 Ago 2019	Interim	GBX	0.92	30/12/2018	30/06/2019	15/08/2019	16/08/2019	30/08/2019	-
02 Mai 2019	Interim	GBX	0.92	01/12/2018	31/03/2019	16/05/2019	17/05/2019	31/05/2019	-
07 Fev 2019	Interim	GBX	0.92	31/12/2017	31/12/2018	14/02/2019	15/02/2019	28/02/2019	3.68
02 Nov 2018	Interim	GBX	0.92	30/05/2018	30/09/2018	15/11/2018	16/11/2018	30/11/2018	-
02 Ago 2018	Interim	GBX	0.92	30/12/2017	30/06/2018	16/08/2018	17/08/2018	31/08/2018	-
03 Mai 2018	Interim	GBX	0.92	01/12/2017	31/03/2018	17/05/2018	18/05/2018	31/05/2018	-
01 Fev 2018	Interim	GBX	0.92	31/12/2016	31/12/2017	08/02/2018	09/02/2018	28/02/2018	3.68
26 Out 2017	Interim	GBX	0.92	30/05/2017	30/09/2017	09/11/2017	10/11/2017	30/11/2017	-
28 Jul 2017	Interim	GBX	0.92	30/12/2016	30/06/2017	10/08/2017	11/08/2017	31/08/2017	-
26 Abr 2017	Interim	GBX	0.92	01/12/2016	31/03/2017	18/05/2017	19/05/2017	31/05/2017	-
08 Fev 2017	Interim	GBX	0.92	31/12/2015	31/12/2016	16/02/2017	17/02/2017	28/02/2017	3.68
10 Out 2016	Interim	GBX	0.92	30/05/2016	30/09/2016	10/11/2016	11/11/2016	30/11/2016	-
26 Jul 2016	Interim	GBX	0.92	30/12/2015	30/06/2016	11/08/2016	12/08/2016	31/08/2016	-
27 Abr 2016	Interim	GBX	0.92	01/12/2015	31/03/2016	12/05/2016	13/05/2016	31/05/2016	-
29 Jan 2016	Interim	GBX	0.92	31/12/2014	31/12/2015	11/02/2016	12/02/2016	26/02/2016	3.68
30 Out 2015	Interim	GBX	0.92	30/05/2015	30/09/2015	12/11/2015	13/11/2015	30/11/2015	-
06 Mai 2015	Interim	GBX	0.92	01/12/2014	31/03/2015	14/05/2015	15/05/2015	29/05/2015	-
12 Fev 2015	Interim	GBX	0.92	31/12/2013	31/12/2014	19/02/2015	20/02/2015	27/02/2015	3.68
16 Out 2014	Interim	GBX	0.92	30/05/2014	30/09/2014	06/11/2014	07/11/2014	28/11/2014	-
22 Jul 2015	Interim	GBX	0.92	30/12/2013	30/06/2014	13/08/2015	14/08/2015	28/08/2015	-
16 Jul 2014	Interim	GBX	0.92	30/12/2013	30/06/2014	06/08/2014	08/08/2014	29/08/2014	-
29 Abr 2014	Interim	GBX	0.92	01/12/2013	31/03/2014	07/05/2014	09/05/2014	30/05/2014	-
04 Fev 2014	Interim	GBX	1.32	31/12/2012	31/12/2013	12/02/2014	14/02/2014	28/02/2014	5.25
06 Nov 2013	Interim	GBX	1.31	30/05/2013	30/09/2013	13/11/2013	15/11/2013	29/11/2013	-
09 Jul 2013	Interim	GBX	1.31	30/12/2012	30/06/2013	07/08/2013	09/08/2013	30/08/2013	-
26 Abr 2013	Interim	GBX	1.31	01/12/2012	31/03/2013	08/05/2013	10/05/2013	31/05/2013	-
20 Mar 2013	Interim	GBX	1.32	31/12/2011	31/12/2012	11/02/2013	13/02/2013	28/02/2013	5.25
30 Out 2012	Interim	GBX	1.31	31/12/2011	31/12/2012	14/11/2012	16/11/2012	30/11/2012	-
19 Jul 2012	Interim	GBX	1.31	31/12/2011	31/12/2012	08/08/2012	10/08/2012	31/08/2012	-
26 Abr 2012	Interim	GBX	1.31	31/12/2011	31/12/2012	09/05/2012	11/05/2012	31/05/2012	-
02 Fev 2012	Interim	GBX	1.32	31/12/2010	31/12/2011	08/02/2012	10/02/2012	28/02/2012	5.25
01 Nov 2011	Interim	GBX	1.31	31/12/2010	31/12/2011	09/11/2011	11/11/2011	30/11/2011	-
02 Ago 2011	Interim	GBX	1.31	31/12/2010	31/12/2011	10/08/2011	12/08/2011	31/08/2011	-
03 Mai 2011	Interim	GBX	1.31	31/12/2010	31/12/2011	11/05/2011	13/05/2011	31/05/2011	-
01 Fev 2011	Interim	GBX	1.31	31/12/2009	31/12/2010	09/02/2011	11/02/2011	28/02/2011	5.24
27 Out 2010	Interim	GBX	1.31	31/12/2009	31/12/2010	10/11/2010	12/11/2010	30/11/2010	-
22 Jul 2010	Interim	GBX	1.31	31/12/2009	31/12/2010	28/07/2010	30/07/2010	27/08/2010	-
04 Mai 2010	Interim	GBX	0.71	31/12/2009	31/12/2010	12/05/2010	14/05/2010	28/05/2010	-
28 Jan 2010	Interim	GBX	0.60	31/12/2009	31/12/2010	03/02/2010	05/02/2010	28/05/2010	-
28 Jan 2010	Interim	GBX	0.90	31/12/2008	31/12/2009	03/02/2010	05/02/2010	26/02/2010	5.25
15 Out 2009	Interim	GBX	1.73	31/12/2008	31/12/2009	21/10/2009	23/10/2009	30/11/2009	-
06 Ago 2009	Interim	GBX	1.31	31/12/2008	31/12/2009	12/08/2009	14/08/2009	28/08/2009	-
07 Mai 2009	Interim	GBX	1.31	31/12/2008	31/12/2009	13/05/2009	15/05/2009	29/05/2009	-
04 Fev 2009	Final	GBX	1.31	31/12/2007	31/12/2008	11/02/2009	13/02/2009	27/02/2009	5.25
04 Nov 2008	Final	GBX	1.31	31/12/2007	31/12/2008	11/02/2009	13/02/2009	27/02/2009	5.25
07 Ago 2008	Final	GBX	1.31	31/12/2007	31/12/2008	11/02/2009	13/02/2009	27/02/2009	5.25
07 Mai 2008	Final	GBX	1.31	31/12/2007	31/12/2008	11/02/2009	13/02/2009	27/02/2009	5.25
02 Abr 2008	Final	GBX	1.31	31/12/2006	31/12/2007	15/02/2008	17/02/2008	29/02/2008	6.70
01 Ago 2007	Interim	GBX	1.31	30/06/2006	30/06/2007	15/08/2007	17/08/2007	31/08/2007	-
02 Mai 2007	Interim	GBX	0.45	30/06/2006	30/06/2007	09/05/2007	11/05/2007	31/05/2007	-
15 Fev 2007	Interim	GBX	0.86	30/06/2006	30/06/2007	21/02/2007	23/02/2007	31/05/2007	-
13 Fev 2007	Interim	GBX	1.45	30/06/2006	30/06/2007	21/02/2007	23/02/2007	09/03/2007	-

Uk Commercial Property R... Fundamentals

Profit and Loss Account
	31 Dez 2018 (GBP)		31 Dez 2019 (GBP)		31 Dez 2020 (GBP)		31 Dez 2021 (GBP)
turnover	91.34	100.00%	78.23	100.00%	71.39	100.00%	266.65	100.00%	m
pre tax profit	58.84	64.41%	1.69	2.16%	-10.28	-14.40%	236.23	88.59%	m
attributable profit	53.01	58.03%	1.64	2.10%	-10.28	-14.40%	236.23	88.59%	m
retained profit	10.00	10.94%	-46.18	-59.03%	-40.17	-56.26%	198.25	74.35%	m
eps - basic (p)	4.08		0.13		-0.79		18.18
eps - diluted (p)	4.08		0.13		-0.79		18.18
dividends per share	3.68		3.68		1.91		1.78

Uk Commercial Property R... Balance Sheet

Balance Sheet
	31 Dez 2018 (GBP)		31 Dez 2019 (GBP)		31 Dez 2020 (GBP)		31 Dez 2021 (GBP)


	31 Dez 2018 (GBP)		31 Dez 2019 (GBP)		31 Dez 2020 (GBP)		31 Dez 2021 (GBP)
ASSETS
fixed assets	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	1,431.02	95.51%	1,309.54	91.09%	1,172.81	86.68%	1,508.37	94.20%	m
current assets - other	-	-%	48.85	3.40%	10.00	0.74%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	23.77	1.59%	30.26	2.10%	47.43	3.51%	50.76	3.17%	m
cash & securities	43.51	2.90%	48.98	3.41%	122.74	9.07%	42.12	2.63%	m

TOTAL	1,498.29	100%	1,437.64	100%	1,352.99	100%	1,601.25	100%	m

LIABILITIES
creditors - short	36.01	2.40%	23.05	1.60%	28.16	2.08%	27.70	1.73%	m
creditors - long	249.66	16.66%	247.45	17.21%	197.85	14.62%	248.33	15.51%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	285.67	19.07%	270.49	18.82%	226.01	16.70%	276.02	17.24%	m

EQUITY
ord cap, reserves	1,212.62	80.93%	1,167.14	81.18%	1,126.98	83.30%	1,325.23	82.76%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	1,212.62	80.93%	1,167.14	81.18%	1,126.98	83.30%	1,325.23	82.76%	m

OTHER
NAV Basic	93.30		89.80		86.70		102.00
NAV Diluted	93.30		89.80		86.70		102.00

Uk Commercial Property R... Cash Flow Statement

%1$s Cash Flow Statement
	31 Dez 2018 (GBP)	31 Dez 2019 (GBP)	31 Dez 2020 (GBP)	31 Dez 2021 (GBP)
Operating CF	45.91	31.56	31.26	-123.76	m
Pre-Financing CF	20.96	31.56	161.21	-123.76	m
Retained CF	-28.94	5.48	73.76	-80.62	m

Uk Commercial Property R... Brokers

%1$s Brokers
Name	Activity	Type	Mnemonic	Code
J.P. Morgan Cazenove Limited	Market Maker(MME)	Broker/Dealer	CAZR	CAZEGB2L
Cenkos Securities Plc	Market Maker(MME)	Broker/Dealer	CNKS	CNKOGB21
Collins Stewart Europe Limited	Market Maker(MME)	Broker/Dealer	CSCS	CSTEGB21
Canaccord Genuity Limited	Market Maker(MME)	Broker/Dealer	CANA	HOARGB21001
Numis Securities Limited	Market Maker(MME)	Broker/Dealer	NUMS	RAZHGB2LBIC
Shore Capital Stockbrokers Ltd	Market Maker(MME)	Broker/Dealer	SCAP	SHOCGB21
UBS AG	Market Maker(MME)	Broker/Dealer	UBS.	UBSWGB2LEQU
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC