No price history available.
Key financial summary
Financials in GBP| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | £m | 267 | 240 | 249 | 268 | 272 | 389 | N/A | N/A |
| Operating profit | £m | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Net profit | £m | -78 | 252 | -280 | -476 | 116 | 161 | N/A | N/A |
| EPS reported | £ | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Operating cashflow per share | £ | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Capex per share | £ | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| FCF per share | £ | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Free cash flow | £m | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Net debt | £m | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Book value equity | £m | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Book value per share | £ | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Number of shares | m | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| DPS (TTM paid) | £ | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
Financial summary
Financials in GBP| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E LTM | x | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| P/B LTM | x | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| P/S LTM | x | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| P/FCF LTM | x | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| EV/EBITDA LTM | x | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| EV/Sales LTM | x | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Earnings Yield LTM | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| FCF Yield | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Quality | |||||||||
| ROE | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| ROIC | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Operating margin | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Gross margin | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| FCF/Sales | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Growth and momentum | |||||||||
| EPS Growth YoY | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Sales Growth YoY | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Net Income Growth YoY | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| FCF Growth | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Operating Profit Growth | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Dividend and capital structure | |||||||||
| Dividend Yield | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Dividend Growth | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Payout Ratio | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| FCF/Debt | x | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Net Debt/EBITDA | x | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| EBIT/Net interest | x | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Net debt/market cap | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Net debt/Equity | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
| Gross debt/equity | % | Locked | Locked | Locked | Locked | Locked | Locked | Locked | Locked |
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
Company overview
Derwent London Plc stands as the preeminent London-focused Real Estate Investment Trust (REIT), managing a substantial commercial property portfolio primarily within central London. Comprising 83 buildings, its holdings, including joint ventures, were valued at £5.4 billion as of June 30, 2020. The company's seasoned team demonstrates a proven ability to generate value throughout economic cycles. They achieve this by revitalizing properties through comprehensive development or refurbishment, astute asset management, and strategic capital reallocation. Derwent London typically seeks out central London properties through off-market channels in areas undergoing improvement, often in the West End or the burgeoning Tech Belt. These acquisitions usually involve lower initial capital costs and moderate rental income. Their approach to regeneration is distinct for each building, always prioritizing innovative design and anticipating future tenant requirements. Underpinning its sustained success is a robust financial position, characterized by a strong balance sheet, manageable debt levels, a consistent revenue stream, and adaptable financing options. Derwent London is also a leader in environmental stewardship. In October 2019, it made history as the first UK REIT to secure a Green Revolving Credit Facility, simultaneously launching its Green Finance Framework and committing to the Better Buildings Partnership's climate change pledge. As a member of RE100, the Group is dedicated to sourcing 100% renewable energy, a critical step towards achieving net-zero carbon operations. Notably, Derwent London is among a select few global property companies with carbon reduction targets validated by the Science Based Targets initiative (SBTi). Its extensive 5.6 million sq ft portfolio boasts iconic developments such as 80 Charlotte Street W1, the Brunel Building W2, White Collar Factory EC1, Angel Building EC1, 1-2 Stephen Street W1, Horseferry House SW1, and the Tea Building E1. The company received significant recognition in 2019, including being named EG Offices Company of the Year, securing the CoStar West End Deal of the Year for the Brunel Building, and earning the Westminster Business Council's Best Achievement in Sustainability award. It also topped the real estate sector and placed an impressive ninth overall in Management Today's 2019 'Britain's Most Admired Companies' awards. Since 2013, Derwent London has actively engaged with local communities through its voluntary Community Fund, which has supported over 100 projects in the West End and Tech Belt areas to date. The company is a UK-incorporated public limited company, listed on the London Stock Exchange, with its registered office located at 25 Savile Row, London.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Based on consensus from external analysts. Not Kvantra's opinion.
Derwent London Plc stands as the preeminent London-focused Real Estate Investment Trust (REIT), managing a substantial commercial property portfolio primarily within central London. Comprising 83 buildings, its holdings, including joint ventures, were valued at £5.4 billion as of June 30, 2020. The company's seasoned team demonstrates a proven ability to generate value throughout economic cycles. They achieve this by revitalizing properties through comprehensive development or refurbishment, astute asset management, and strategic capital reallocation. Derwent London typically seeks out central London properties through off-market channels in areas undergoing improvement, often in the West End or the burgeoning Tech Belt. These acquisitions usually involve lower initial capital costs and moderate rental income. Their approach to regeneration is distinct for each building, always prioritizing innovative design and anticipating future tenant requirements. Underpinning its sustained success is a robust financial position, characterized by a strong balance sheet, manageable debt levels, a consistent revenue stream, and adaptable financing options. Derwent London is also a leader in environmental stewardship. In October 2019, it made history as the first UK REIT to secure a Green Revolving Credit Facility, simultaneously launching its Green Finance Framework and committing to the Better Buildings Partnership's climate change pledge. As a member of RE100, the Group is dedicated to sourcing 100% renewable energy, a critical step towards achieving net-zero carbon operations. Notably, Derwent London is among a select few global property companies with carbon reduction targets validated by the Science Based Targets initiative (SBTi). Its extensive 5.6 million sq ft portfolio boasts iconic developments such as 80 Charlotte Street W1, the Brunel Building W2, White Collar Factory EC1, Angel Building EC1, 1-2 Stephen Street W1, Horseferry House SW1, and the Tea Building E1. The company received significant recognition in 2019, including being named EG Offices Company of the Year, securing the CoStar West End Deal of the Year for the Brunel Building, and earning the Westminster Business Council's Best Achievement in Sustainability award. It also topped the real estate sector and placed an impressive ninth overall in Management Today's 2019 'Britain's Most Admired Companies' awards. Since 2013, Derwent London has actively engaged with local communities through its voluntary Community Fund, which has supported over 100 projects in the West End and Tech Belt areas to date. The company is a UK-incorporated public limited company, listed on the London Stock Exchange, with its registered office located at 25 Savile Row, London.
