Supermarket Income REIT Plc

Supermarket Income REIT Plc

1,810.00
ZAC
+6.00
(+0.33%)
2.36TMarket Cap
Mar 03Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.02
0.06
0.1
0.13
0.12
-0.12
-0.01
0.07
0.08
- -
Basic EPS, GAAP
- -
0.05
0.1
0.13
0.11
-0.12
-0.02
0.05
0.07
- -
Free Cash Flow per Basic Share
0.06
0.07
0.08
0.07
0.06
0.07
0.07
0.05
0.07
- -
Dividend per Share
0.04
0.05
0.06
0.05
0.05
0.05
0.06
0.06
0.06
- -
Book Value per Share
0.96
0.96
1.01
1.07
1.16
0.98
0.9
0.89
0.89
0.89
Tangible Book Value per Share
0.96
0.96
1.01
1.07
1.16
0.98
0.9
0.89
0.89
0.89
Basic Weighted Avg Shares
124
198
334
653
975
1,243
1,246
1,246
1,246
27,623
Sales/Revenue/Turnover
2
12
33
87
118
-150
-12
92
99
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
1
11
33
82
110
-145
-21
62
86
- -
Effective Tax Rate (%)
26.8
0.17
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
27.11
84.89
100.32
94.24
93.5
96.54
171.42
66.7
86.63
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
88
144
127
410
349
667
694
604
711
711
Total Equity
177
230
477
871
1,432
1,218
1,119
1,103
1,113
1,113
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
3.32
6.7
8.7
7.2
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
5.2
9.26
12.16
9.58
-10.93
-1.81
5.54
7.76
- -

Capital Structure

GBP

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,246
1,246
1,246
Market Capitalization
1,052
1,028
1,087

Working Capital

GBP

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
95
48
37
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
8.15%
0.85%
Free Cash Flow
- -
19.36%
34.8%
Net Income, GAAP
- -
-126.58%
39.65%
Sales/Revenue/Turnover
- -
-224.45%
7.52%
Total Cash Common Dividend
- -
18.44%
4.09%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-12
2025
- -
- -
92
2026
- -
- -
99

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.02
2025
- -
- -
0.05
2026
- -
- -
0.07

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.06
2025
- -
- -
0.06
2026
- -
- -
0.06

Company Description

CEO
Rob Abraham
Full Time Employees
19
Sector
Finance
Industry
Real estate investment trusts
Address
Level 19, The Shard London GL United Kingdom SE1 9SG
IPO Date
Jul 21, 2017
Business
Supermarket Income REIT plc is a United Kingdom-based real estate investment trust (REIT) specializing in investing in grocery-anchored real estate that is critical to national food infrastructure. The company owns and manages a diversified portfolio of high-quality omnichannel supermarkets, which support both in-store shopping and last-mile online grocery fulfillment, including home delivery and click-and-collect services. Its core products and services include investment in supermarket properties leased primarily to leading UK grocery retailers such as Tesco, Sainsbury's, and Asda, with formats ranging from large-scale omnichannel stores to smaller convenience grocery stores. The company focuses on properties with long leases featuring contractual, upward-only rental escalations typically indexed to inflation, providing secure, inflation-linked, and growing income streams. Supermarket Income REIT's portfolio is diversified geographically across the United Kingdom and includes mission-critical assets serving as key online fulfillment hubs as well as traditional physical stores. Founded in 2017 and headquartered in London, Supermarket Income REIT pursues a clear strategy focused on future-proof omnichannel supermarkets that are essential to grocery supply chains and aligned with strong long-term growth trends in grocery sales driven by inflation and population growth. Significant recent corporate developments include the completion of a £403 million strategic joint venture with Blue Owl Capital in 2025, which has facilitated a portfolio expansion through redeployment of proceeds into income-accretive acquisitions. In November 2025, the company completed approximately £41 million of acquisitions, including a portfolio of 10 Sainsbury’s convenience stores—the company’s entry into the convenience grocery sector with 15-year triple-net leases and CPI-linked rent reviews—and a Tesco store in Northern Ireland for £25.6 million, reflecting an average net initial yield of 6.4% across these transactions. Earlier in 2025, it expanded its international footprint with the acquisition of nine Carrefour supermarkets in France for €36.7 million and sold a Tesco store for £63.5 million as part of its capital recycling strategy. The company also completed the internalization of its management team in March 2025, strengthening operational control. Supermarket Income REIT operates within the real estate investment trusts industry, targeting long-term income and capital growth through investments in essential grocery infrastructure properties with stable, long-dated leases. Its tenants are major grocery chains that rely on these stores as critical parts of their omnichannel strategies. The company’s investment adviser is Atrato Capital Limited. Supermarket Income REIT emphasizes sustainable growth, including a commitment to reach net-zero greenhouse gas emissions across its value chain by 2050. The company has approximately £1.4 billion in property assets and maintains a loan-to-value ratio around 36-39% with a weighted average unexpired lease term of about 11-12 years, underscoring its financial discipline and portfolio stability. Overall, Supermarket Income REIT delivers investors exposure to defensive real estate assets that underpin the UK's grocery sector, leveraging strategic acquisitions and partnerships to enhance portfolio value and sustainability while supporting customers with evolving omnichannel grocery demands.

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