Primary Health Properties (PHP)

Sector:

Property Investment Trusts

Index:

FTSE 250

98.70p
   
  • Change Today:
      0.050p
  • 52 Week High: 103.50
  • 52 Week Low: 86.15
  • Currency: UK Pounds
  • Shares Issued: 1,336.49m
  • Volume: 7,851,139
  • Market Cap: £1,319.12m
  • RiskGrade: 84
  • Beta: 0.02

Dividend Data

  31-Dec-2431-Dec-2331-Dec-2231-Dec-2131-Dec-20
Q1 Dividend1.73p1.68p1.62p1.55p1.48p
Q2 Dividend1.73p1.68p1.62p1.55p1.48p
Q3 Dividend1.73p1.68p1.62p1.55p1.48p
Q4 Dividend1.73p1.68p1.62p1.55p1.48p
Total Dividend6.90p6.70p6.50p6.20p5.90p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 181.70 169.80 154.10 145.60 139.00
Operating Profit/(Loss) 103.40 84.30 70.40 236.70 169.40
Net Interest 46.80 (45.00) (40.30) (35.10) (41.80)
Profit Before Tax 47.00 26.10 56.90 141.60 112.40
Profit After Tax 41.40 27.30 56.30 140.10 112.00
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 41.40 27.30 56.30 140.10 112.00
Attributable to:          
Equity Holders of Parent Company 41.40 27.30 56.30 140.10 112.00
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 3.10p 2.00p 4.20p 10.50p 8.80p
Earnings per Share - Diluted 3.10p 2.00p 2.20p 9.80p 8.70p
Earnings per Share - Adjusted 7.00p 6.80p 6.60p 6.20p 5.80p
Continuing and Discontinued EPS          
Earnings per Share - Basic 3.10p 2.00p 4.20p 10.50p 8.80p
Earnings per Share - Diluted 3.10p 2.00p 2.20p 9.80p 8.70p
Earnings per Share - Adjusted 7.00p 6.80p 6.60p 6.20p 5.80p
           
Dividend per Share 6.90p 6.70p 6.50p 6.20p 5.90p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 0.60 0.50 0.40 0.30 n/a
Intangible Assets 5.30 6.20 n/a n/a n/a
Investment Properties 2,750.10 2,779.30 2,796.30 2,795.90 2,576.10
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a 0.90 19.60 5.20 n/a
Other Non-Current Assets n/a n/a n/a n/a n/a
  2,756.00 2,786.90 2,816.30 2,801.40 2,576.10
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 27.70 24.90 17.80 17.60 17.40
Cash at Bank & in Hand 3.50 3.20 29.10 33.40 103.60
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 1.10 11.90 1.30 0.70 n/a
  32.30 40.00 48.20 51.70 121.00
           
Other Assets 3.00 n/a n/a n/a n/a
Total Assets 2,791.30 2,826.90 2,864.50 2,853.10 2,697.10
           
Liabilities          
Current Liabilities          
Borrowings 151.70 2.40 2.30 2.20 6.40
Other Current Liabilities 62.00 68.80 61.80 68.30 61.70
  213.70 71.20 64.10 70.50 68.10
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 1,189.50 1,323.90 1,300.30 1,277.50 1,211.00
Provisions 9.00 3.80 5.40 4.40 3.50
Other Non-Current Liabilities 3.10 4.10 12.50 0.80 0.10
  1,201.60 1,331.80 1,318.20 1,282.70 1,214.60
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,415.30 1,403.00 1,382.30 1,353.20 1,282.70
           
Net Assets 1,376.00 1,423.90 1,482.20 1,499.90 1,414.40
           
Capital & Reserves          
Share Capital 167.10 167.10 167.10 166.60 164.40
Share Premium Account 479.40 479.40 479.40 474.90 466.70
Other Reserves 410.70 408.30 405.60 397.90 380.70
Retained Earnings 318.80 369.10 430.10 460.50 402.60
Shareholders Funds 1,376.00 1,423.90 1,482.20 1,499.90 1,414.40
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 1,376.00 1,423.90 1,482.20 1,499.90 1,414.40
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 135.20 133.60 117.60 140.40 118.90
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 (20.60) (44.60) (45.80) (146.40) (100.90)
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 (114.30) (114.90) (76.80) (63.60) (58.10)
Net Increase/Decrease In Cash 0.30 (25.90) (5.00) (69.60) (40.10)
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 13.3 15.3 16.8 24.4 26.3
PEG - Adjusted 4.4 5.1 2.8 3.5 4.4
Earnings per Share Growth - Adjusted 3% 3% 6% 7% 6%
Dividend Cover 1.01 1.01 1.02 1.00 0.98
Revenue per Share 13.60p 12.71p 11.54p 10.94p 10.98p
Pre-Tax Profit per Share 3.52p 1.95p 4.26p 10.64p 8.88p
Operating Margin 56.91% 49.65% 45.68% 162.57% 121.87%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 13.3 15.3 16.8 24.4 26.3
PEG - Adjusted 4.4 5.1 2.8 3.5 4.4
Earnings per Share Growth - Adjusted 3% 3% 6% 7% 6%
Dividend Cover 1.01 1.01 1.02 1.00 0.98
           
Dividend Yield 7.4% 6.5% 5.9% 4.1% 3.9%
Dividend per Share Growth 2.99% 3.08% 4.84% 5.08% 5.36%
Operating Cash Flow per Share 10.12p 10.00p 8.81p 10.55p 9.39p
Cash Incr/Decr per Share 0.022p (1.94p) (0.38p) (5.23p) (3.17p)
Net Asset Value per Share (exc. Intangibles) 102.56p 106.08p 111.04p 112.74p 111.69p
Net Gearing 97.22% 92.92% 85.92% 83.09% 78.75%

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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