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Primary Health Properties Fundamentals

Company Name Primary Health Properties Last Updated 23 May 2019
Industry Financials Sector Specialty REITs
Shares in Issue (m) 1,134.98 Market Cap (£m) 1,500.44
PE Ratio 12.59 Div per Share (p) 5.40
Div Yield 4.16 Div Cover 1.91
EPS 10.50 EPS Growth (%) 101.92
PEG 0.12 DPS Growth (%) 2.86
Debt Ratio 42.88 Debt Equity Ratio 0.82
Net Gearing 47.56 Gross Gearing 47.95
Asset Equity Ratio 1.92 Cash Equity Ratio 0.75
Quick Ratio 0.08 Current Ratio 0.08
Price To Book Value 1.90 ROCE 5.39

Primary Health Properties Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total
H1 Dividend 04 Apr 2019 24 May 2019 GBX 1.40
Q1 Dividend 10 Jan 2019 22 Feb 2019 GBX 1.40
H2 Dividend 11 Oct 2018 23 Nov 2018 GBX 1.35 5.40
Q3 Dividend 12 Jul 2018 24 Aug 2018 GBX 1.35
H1 Dividend 05 Apr 2018 25 May 2018 GBX 1.35
Q1 Dividend 11 Jan 2018 23 Feb 2018 GBX 1.35
H2 Dividend 12 Oct 2017 24 Nov 2017 GBX 1.32 5.25
Q3 Dividend 13 Jul 2017 25 Aug 2017 GBX 1.31
H1 Dividend 06 Apr 2017 26 May 2017 GBX 1.31
Q3 Dividend 12 Jan 2017 24 Feb 2017 GBX 1.31
Q3 Dividend 13 Oct 2016 25 Nov 2016 GBX 1.28
H1 Dividend 14 Jul 2016 26 Aug 2016 GBX 1.28
H2 Dividend 07 Apr 2016 27 May 2016 GBX 1.28 5.13
Q3 Dividend 14 Jan 2016 26 Feb 2016 GBX 1.28
H1 Dividend 17 Sep 2015 30 Oct 2015 GBX 10.00
H2 Dividend 26 Feb 2015 01 Apr 2015 GBX 10.00 19.75
H1 Dividend 17 Sep 2014 07 Nov 2014 GBX 9.75

Primary Health Properties Company Financials

Assets (£m) 2018 2017 2016
Tangible Assets 0 0 1,220
Intangible Assets 0 0 0
Investments 1,504 1,362 0
Total Fixed Assets 1,504 1,362 1,220
Stocks 0 0 0
Debtors 5 6 3
Cash & Equivalents 6 4 5
Other Assets 0 0 0
Total Assets 1,514 1,372 1,229
Liabilities (£m) 2018 2017 2016
Creditors within 1 year 135 34 32
Creditors after 1 year 592 752 697
Other Liabilities 0 0 0
Total Liabilities 726 786 729
Net assets 788 587 499
Equity (£m) 2018 2017 2016
Called up share capital 96 78 75
Share Premium 221 81 59
Profit / Loss 74 92 44
Other Equity 102 133 162
Preference & Minorities 0 0 0
Total Capital Employed 788 587 499
Ratios 2018 2017 2016
Debt Ratio 42.88 56.16 58.27
Debt-to-Equity 0.82 0.96 0.96
Net Gearing 47.56 56.97 58.95
Gross Gearing 47.95 57.24 59.37
Assets / Equity 1.92 2.34 2.46
Cash / Equity 0.75 0.65 1.02
EPS 10.50 5.20 7.80
Cash Flow (£m) 2018 2017 2016
Cash from operating activities 69 60 57
Cashflow before financing -33 -15 -40
Increase in Cash 1 -2 2
Income (£m) 2018 2017 2016
Turnover 80 73 67
Cost of sales 3 1 1
Gross Profit 76 71 67
Operating Profit 103 127 80
Pre-Tax profit 74 92 44
Profit / Loss for the year 96 78 75

Primary Health Properties Company Background

Sector Specialty REITs
Activities Primary Health Properties plc specialises in the ownership of freehold or long leasehold interests in modern purpose-built healthcare facilities, the majority of which are leased to general practitioners and other associated healthcare users. The Group's portfolio comprises over seventy five primary healthcare facilities, both completed and committed, the majority of which are GP surgeries, with other properties let to Primary Care Trusts (PCTs), pharmacies and dentists. The Group is jointly managed by Nexus PHP Management Limited and J O Hambro Capital Management Limited.
Latest Interim Date 25 Jul 2018
Latest Fiscal Year End Date 31 Jan 2019

Primary Health Properties Directors

Appointed Director Position
01 Apr 2017 Richard Howell Finance Director
01 Feb 1996 Harry Abraham Hyman Managing Director
01 Jan 2014 Steven Jonathan Owen Non-Executive Chairman
05 Apr 2016 Nicholas Winston Brian Wiles Non-Executive Director
15 Feb 2018 Ian Stephen Krieger Non-Executive Director
05 Apr 2016 Geraldine Ann Kennell Non-Executive Director
15 Feb 2018 Dr Stephen Wallace Kell Non-Executive Director
01 May 2018 Peter William Beaumont Cole Non-Executive Director

Primary Health Properties Contact Details

Company Name Primary Health Properties
Company Address Ground Floor, Ryder Court, 14 Ryder Street, London SW1Y 6QB.
Company Telephone +44 (0)20 7747 5678
Company Website http://www.phpgroup.co.uk/

Primary Health Properties Advisors

Auditor Name Ernst & Young LLP
Auditor Address 1 More London Place, London SE1 2AF.
Auditor Website http://www.ey.com/
Auditor Telephone +44 (0)20 7951 2000
Registrar Name Capita Registrars
Registrar Address The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.
Registrar Website http://www.capitaregistrars.com/
Registrar Telephone 0870 162 3100
Broker Name Numis Securities
Broker Address The London Stock Exchange Building, 10 Paternoster Square, London EC4M 7LT.
Broker Website http://www.numiscorp.com/
Broker Telephone +44 (0)20 7260 1000
Adviser Name n/a
Adviser Address n/a
Adviser Website n/a
Adviser Telephone n/a
Solicitor Name Nabarro
Solicitor Address Lacon House, 84 Theobald's Road, London WC1X 8RW.
Solicitor Website http://www.nabarro.com/
Solicitor Telephone +44 (0)20 7524 6000
Stockbroker Name Peel Hunt
Stockbroker Address Moor House, 120 London Wall, London EC2Y 5ET.
Stockbroker Website http://www.peelhunt.com/
Stockbroker Telephone +44 (0)20 7418 8900