Picton Property Income Limited

Picton Property Income Limited

PCTN.L
Picton Property Income LimitedGB flagLondon Stock Exchange
71.78
GBp
+0.18
- -
366.59MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
- -
0.14
0.18
0.15
0.11
0.15
0.09
0.07
0.09
0.31
-0.12
0.04
0.11
Basic EPS, GAAP
-0.04
0.1
0.15
0.12
0.08
0.12
0.06
0.04
0.06
0.27
-0.16
-0.01
0.07
Free Cash Flow per Basic Share
0.04
0.04
0.04
0.04
0.05
0.05
0.05
0.02
0.03
0.04
0.04
0.04
0.05
Dividend per Share
0.04
0.03
0.03
0.03
0.03
0.03
0.04
0.03
0.03
0.03
0.04
0.03
0.04
Book Value per Share
0.49
0.59
0.83
0.77
0.82
0.9
0.93
0.94
0.97
1.2
1.01
0.96
0.98
Tangible Book Value per Share
0.49
0.59
0.83
0.77
0.82
0.9
0.93
0.94
0.97
1.2
1
0.96
0.98
Basic Weighted Avg Shares
345
360
445
540
540
540
539
544
546
546
545
545
544
Sales/Revenue/Turnover
-1
50
82
79
59
81
51
41
50
168
-68
19
61
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-15
37
69
65
43
64
31
23
34
147
-90
-5
37
Effective Tax Rate (%)
- -
0.95
0.5
0.33
1.15
0.79
1.46
- -
- -
- -
- -
- -
- -
Profit Margin (%)
1,380.62
74.76
84.01
81.81
72.66
78.77
60.9
55.45
67.73
87.43
132.19
-24.63
61.12
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
213
211
209
223
203
212
194
167
165
220
225
229
211
Total Equity
169
214
370
417
442
487
499
509
528
657
548
524
533
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-17.24
19.48
23.58
16.48
9.95
13.81
6.27
4.46
6.51
24.78
-14.84
-0.89
7.05

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.23%
1.79%
1.7%
Free Cash Flow
8.37%
14.13%
23.3%
Net Income, GAAP
-81.87%
-149.98%
-879.35%
Sales/Revenue/Turnover
15.66%
40.99%
214.1%
Total Cash Common Dividend
5.35%
2.17%
5.61%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
19
2025
- -
- -
- -
- -
61
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-0.01
2025
- -
- -
- -
- -
0.07
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.03
2025
- -
- -
- -
- -
0.04
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Michael Morris
Full Time Employees
12
Sector
Real Estate
Industry
REIT - Diversified
Address
Trafalgar Court Saint Peter Port United Kingdom GY1 3QL
IPO Date
Oct 24, 2005
Business
Picton Property Income Limited (PCTN.L) is a United Kingdom real estate investment trust (REIT) that owns and actively manages a diversified commercial property portfolio valued at approximately GBP 726 million as at 30 June 2025, comprising 47 assets across industrial, office, retail and leisure sectors with around 350 occupiers; the portfolio features 19 industrial properties including distribution warehouses and industrial estates as its largest segment by value, alongside multi-let offices, high street retail units and leisure facilities located throughout the UK. Established in 2005 and listed on the main market of the London Stock Exchange with headquarters in Guernsey, the company employs an occupier-focused, opportunity-led asset management approach to enhance income and value through flexible leasing solutions such as Picton SwiftSpace, proactive refurbishments aligned with sustainability priorities including a net zero carbon commitment by 2040, and strategic buying, managing and selling of assets to adapt to market conditions and outperform benchmarks like the MSCI UK Quarterly Property Index. Recent developments include the initiation and expansion of a share buyback programme in January 2025 from GBP 10 million to GBP 30 million with approximately GBP 21 million executed by late 2025 to enhance shareholder value, delivery of a 1.9% NAV total return and 13.5% Q1 shareholder return alongside resilient EPRA earnings in fiscal 2026, further rollout of SwiftSpace flexible leasing at multi-let offices, establishment of a Climate Action Working Group to advance net zero goals, and ongoing portfolio repositioning with disposals reducing short-term debt and gearing to a conservative 22% loan-to-value ratio while maintaining upper quartile performance since inception.

Company News

APIChat