Social Housing Reit (SOHO)

Sector:

Property Investment Trusts

Index:

FTSE Small Cap

69.60p
   
  • Change Today:
    -1.60p
  • 52 Week High: 73.50
  • 52 Week Low: 55.00
  • Currency: UK Pounds
  • Shares Issued: 393.42m
  • Volume: 1,451,147
  • Market Cap: £273.82m
  • RiskGrade: 95
  • Beta: 0.00

Dividend Data

  31-Dec-2431-Dec-2331-Dec-2231-Dec-2131-Dec-20
1st Interim1.36p1.36p1.36p1.30p1.29p
2nd Interim1.36p1.36p1.36p1.30p1.29p
3rd Interim1.36p1.36p1.36p1.30p1.29p
4th Interim1.36p1.36p1.36p1.30p1.29p
Total Dividend5.46p5.46p5.46p5.20p5.18p
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 35.85 35.25 35.34 33.12 28.93
Operating Profit/(Loss) (28.86) 42.51 35.74 35.19 30.22
Net Interest (7.53) (7.53) (10.83) (6.78) 5.82
Profit Before Tax (36.39) 34.99 24.90 28.41 24.59
Profit After Tax (36.39) 34.99 24.90 28.41 24.59
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (36.39) 34.99 24.90 28.41 24.59
Attributable to:          
Equity Holders of Parent Company (36.39) 34.99 24.90 28.41 24.59
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (9.25p) 8.81p 6.18p 7.05p 6.82p
Earnings per Share - Diluted (9.25p) 8.81p 6.18p 7.05p 6.82p
Earnings per Share - Adjusted 5.40p 4.61p 4.87p 5.14p 6.82p
Continuing and Discontinued EPS          
Earnings per Share - Basic (9.25p) 8.81p 6.18p 7.05p 6.82p
Earnings per Share - Diluted (9.25p) 8.81p 6.18p 7.05p 6.82p
Earnings per Share - Adjusted 5.40p 4.61p 4.87p 5.14p 6.82p
           
Dividend per Share 5.46p 5.46p 5.46p 5.20p 5.18p
  £ (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 n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 624.70 675.50 667.71 641.29 572.10
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 3.31 4.23 2.89 2.31 n/a
  628.00 679.73 670.60 643.60 572.10
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 3.32 3.86 4.27 3.43 4.15
Cash at Bank & in Hand 27.49 29.45 30.14 52.47 53.70
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a 0.48 0.11
  30.81 33.32 34.41 56.39 57.96
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 658.81 713.05 705.01 699.99 630.06
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 6.09 2.72 3.12 3.65 4.97
  6.09 2.72 3.12 3.65 4.97
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 261.44 261.18 261.09 258.70 194.93
Provisions n/a n/a n/a 1.52 n/a
Other Non-Current Liabilities 1.53 1.52 1.52 n/a 1.52
  262.97 262.71 262.61 260.22 196.44
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 269.06 265.43 265.73 263.88 201.41
           
Net Assets 389.74 447.62 439.29 436.11 428.65
           
Capital & Reserves          
Share Capital 3.94 3.94 4.03 4.03 4.03
Share Premium Account 203.75 203.75 203.75 203.75 203.78
Other Reserves 155.07 155.07 160.02 160.02 165.78
Retained Earnings 26.98 84.85 71.48 68.31 55.07
Shareholders Funds 389.74 447.62 439.29 436.11 428.65
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 389.74 447.62 439.29 436.11 428.65
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 29.07 25.86 25.70 24.71 24.51
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 (2.32) 7.55 (18.34) (61.37) (94.37)
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 (28.86) (34.10) (29.56) 35.71 57.99
Net Increase/Decrease In Cash (2.12) (0.68) (22.20) (0.95) (11.88)
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 11.0 13.7 12.6 18.8 16.3
PEG - Adjusted 0.6 n/a n/a n/a 0.2
Earnings per Share Growth - Adjusted 17% -5% -5% -25% 102%
Dividend Cover 0.99 0.84 0.89 0.99 1.32
Revenue per Share 9.11p 8.96p 8.98p 8.42p 7.35p
Pre-Tax Profit per Share (9.25p) 8.89p 6.33p 7.22p 6.25p
Operating Margin (80.50%) 120.61% 101.13% 106.26% 104.45%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 11.0 13.7 12.6 18.8 16.3
PEG - Adjusted 0.6 n/a n/a n/a 0.2
Earnings per Share Growth - Adjusted 17% -5% -5% -25% 102%
Dividend Cover 0.99 0.84 0.89 0.99 1.32
           
Dividend Yield 9.2% 8.6% 8.9% 5.4% 4.6%
Dividend per Share Growth n/a n/a 5.00% 0.39% 1.94%
Operating Cash Flow per Share 7.39p 6.57p 6.53p 6.28p 6.23p
Cash Incr/Decr per Share (0.54p) (0.17p) (5.64p) (0.24p) (3.02p)
Net Asset Value per Share (exc. Intangibles) 99.07p 113.78p 111.66p 110.85p 108.96p
Net Gearing 60.03% 51.77% 52.57% 47.29% 32.95%

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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