Empiric Student Property (ESP)

Index:

FTSE 250

96.60p
   
  • Change Today:
    -0.100p
  • 52 Week High: 99.50
  • 52 Week Low: 79.60
  • Currency: UK Pounds
  • Shares Issued: 664.12m
  • Volume: 562,920
  • Market Cap: £641.54m
  • RiskGrade: 140
  • Beta: 0.00

Dividend Data

  31-Dec-2431-Dec-2331-Dec-2231-Dec-2131-Dec-20
1st Interim0.88p0.81p0.62pn/a1.25p
2nd Interim0.88p0.81p0.62p0.62p1.25p
3rd Interim0.88p0.94p0.62pn/a1.25p
4th Interim1.07p0.94p0.88pn/a1.25p
Total Dividend3.70p3.50p2.75p3.75p5.00p
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 84.20 80.50 73.00 56.00 59.44
Operating Profit/(Loss) 54.40 70.80 81.20 39.90 (10.65)
Net Interest (17.70) (17.20) (15.00) (12.40) (13.32)
Profit Before Tax 34.40 53.40 67.70 29.20 (23.97)
Profit After Tax 34.40 53.40 67.70 29.20 (23.97)
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 34.40 53.40 67.70 29.20 (23.97)
Attributable to:          
Equity Holders of Parent Company 34.40 53.40 67.70 29.20 (23.97)
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 5.60p 8.80p 11.20p 4.80p (3.97p)
Earnings per Share - Diluted 5.50p 8.80p 11.10p 4.80p (3.97p)
Earnings per Share - Adjusted 4.00p 4.20p 3.40p 1.60p 2.30p
Continuing and Discontinued EPS          
Earnings per Share - Basic 5.60p 8.80p 11.20p 4.80p (3.97p)
Earnings per Share - Diluted 5.50p 8.80p 11.10p 4.80p (3.97p)
Earnings per Share - Adjusted 4.00p 4.20p 3.40p 1.60p 2.30p
           
Dividend per Share 3.60p 3.40p 2.50p 2.50p n/a
  £ (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 1.80 1.90 2.40 1.40 0.14
Intangible Assets 5.50 3.10 1.90 1.30 1.05
Investment Properties 222.60 222.60 1,065.70 995.90 1,005.12
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
  229.90 227.60 1,070.00 998.60 1,006.31
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 0.70 0.70 7.00 7.80 14.51
Cash at Bank & in Hand 24.70 2.40 55.80 37.10 33.93
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 819.40 391.40 13.70 25.90 n/a
  844.80 394.50 76.50 70.80 48.44
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 1,074.70 622.10 1,146.50 1,069.40 1,054.75
           
Liabilities          
Current Liabilities          
Borrowings 0.20 0.10 0.10 44.80 n/a
Other Current Liabilities 456.90 114.40 57.90 49.90 36.20
  457.10 114.50 58.00 94.70 36.20
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 0.80 1.00 387.70 327.10 385.27
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
  0.80 1.00 387.70 327.10 385.27
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 457.90 115.50 445.70 421.80 421.47
           
Net Assets 616.80 506.60 700.80 647.60 633.28
           
Capital & Reserves          
Share Capital 6.60 6.00 6.00 6.00 6.03
Share Premium Account 54.10 0.30 0.30 0.30 0.26
Other Reserves 402.10 424.10 444.70 459.90 475.04
Retained Earnings 154.00 76.20 249.80 181.40 151.95
Shareholders Funds 616.80 506.60 700.80 647.60 633.28
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 616.80 506.60 700.80 647.60 633.28
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 43.00 43.70 43.60 42.40 17.36
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 (31.50) 8.80 (9.40) 1.30 (14.68)
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 23.40 (67.80) (15.50) (40.50) 14.73
Net Increase/Decrease In Cash 34.90 (15.30) 18.70 3.20 17.41
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 20.9 22.6 24.8 53.7 32.6
PEG - Adjusted n/a 0.9 0.2 n/a n/a
Earnings per Share Growth - Adjusted -5% 24% 112% -30% -48%
Dividend Cover 1.11 1.24 1.36 0.64 n/a
Revenue per Share 13.66p 13.34p 12.10p 9.28p 8.95p
Pre-Tax Profit per Share 5.58p 8.85p 11.22p 4.84p (3.61p)
Operating Margin 64.61% 87.95% 111.23% 71.25% (17.92%)
Return on Capital Employed 8.51% 13.99% 7.61% 4.09% n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 20.9 22.6 24.8 53.7 32.6
PEG - Adjusted n/a 0.9 0.2 n/a n/a
Earnings per Share Growth - Adjusted -5% 24% 112% -30% -48%
Dividend Cover 1.11 1.24 1.36 0.64 n/a
           
Dividend Yield 4.3% 3.6% 3.0% 2.9% 0.0%
Dividend per Share Growth 5.88% 36.00% n/a n/a n/a
Operating Cash Flow per Share 6.98p 7.24p 7.23p 7.03p 2.61p
Cash Incr/Decr per Share 5.66p (2.54p) 3.10p 0.53p 2.62p
Net Asset Value per Share (exc. Intangibles) 99.20p 83.44p 115.85p 107.14p 95.20p
Net Gearing -3.84% -0.26% 47.37% 51.70% 55.48%

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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