SEGRO Plc Ticker SGRO.L
What does the company do?
SEGRO Plc (formerly known as Slough Estates Group) is a British property investment and development company. They develop and invest in properties located across the UK and continental Europe.
Across Europe they have a total of 127 properties with the majority based in the UK.
UK 83, Netherlands 2, France 17, Poland 12, Germany 10, Czechia 1, Italy 1, Spain 1.
SEGRO is a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 8.1 millions sq meters of space valued around £13.3 billion.
Find the latest SEGRO PLC ORD 10P (SGRO.L) stock quote, history, news and other vital information to help you with your stock trading and investing.
|Market Cap||Exchange||Sector||Sub- Sector|
|£14.55 Billion||LSE||Real Estate||REIT - Industrial|
What do I look for?
I like to look for a company with a healthy balance sheet, with good profit margins and normally with a healthy dividend payment which alongside has a low or sustainable payout ratio.
Even with this average we can see that SGRO is well beneath this sector average and is looking cheap.
Though at first glance this seems cheap, we cannot value a REIT with a P/E ratio. What we have to look at is the Funds From Operation (FFO) and their Price to Net Asset Value (NAV) to get the real picture.
|Company||Price-to-Funds From Operation P/FFO|
Having a look over these companies of their share price compared to their Net Asset Values (NAV) these are all trading at a premium currently. With SGRO trading at a 23% premium.
Over the last 52 weeks SGRO has outperformed the S&P 500 by a small margin, but still is a beat! The S&P500 managed a gain of 24.18% with SGRO pulling 27.12% over the last year.
The dividendSEGRO Plc is a bi annual dividend stock which pays out in September and May. Over the last few years they have steadily been increasing their dividend with recently increasing their final from 14.4p to 15.2p per share.
They currently offer a dividend yield of 1.86% and a payout ratio of 72.14% using FFO compared to cash dividends paid.
SEGRO PLC annual cash flow and in depth look at SGRO.UK operating, investing, and financing activities.
This stock currently has a Beta of 0.53 which indicates that its much less volatile than the overall market.
We can see here by this graph that SEGRO has a slow but consistently growing revenue from their properties over the last 4 years.
Analysts currently have Segro at a buy with 10 out of 19 rating it a buy/strong buy. 5 currently have it at a hold.
The industry weighting for SEGRO shows that they are the largest REIT in the UK by a nice margin. Currently they command 20.6% of the industry, with LAND holding 7.3% and third BLND with 6.5%. This shows SGRO has a good footing within the UK real estate sector.
Recent newsSEGRO prices €500 million green bond.
SEGRO announces the launch and pricing of a ten year senior unsecured green bond. The bonds, which were eight times oversubscribed, were priced at 55 basis points above euro mid-swaps.
SEGRO and Schroders complete UK Industrial asset swap.
SEGRO and Schroders have completed a property swap transaction in which SEGRO has acquired from Schroders a 256,000 Sq Ft urban warehouse estate in West London for £140m. Schroders acquired from SEGRO a portfolio of UK big box and urban assets totalling 880,00 sq ft for £205m
UK-based SEGRO to sell six Italian warehouses to cash in on e-commerce boom.
SEGRO Plc said it was selling six warehouses in Italy for 127.5 million euros, capitalizing off a pandemic-led boom in e-commerce sales that saw huge volumes of shipments across the world.