Primary Health Properties PLC
LSE:PHP

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Primary Health Properties PLC Logo
Primary Health Properties PLC
LSE:PHP
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Price: 94.1 GBX 1.18% Market Closed
Market Cap: 1.3B GBX
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Intrinsic Value

The intrinsic value of one PHP stock under the Base Case scenario is 135.48 GBX. Compared to the current market price of 94.1 GBX, Primary Health Properties PLC is Undervalued by 31%.

The Intrinsic Value is calculated as the average of DCF and Relative values:

PHP Intrinsic Value
135.48 GBX
Undervaluation 31%
Intrinsic Value
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Primary Health Properties PLC

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Backtest Conclusion
Very Attractive
Current Valuation
+45%
Avg Valuation
-12%
Worst Valuation
-49%
Best Valuation
+45%

Stock is trading at its lowest valuation over the past 5 years.

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Fundamental Analysis

Economic Moat
Primary Health Properties PLC

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Financials
Annual
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TTM

Balance Sheet Decomposition
Primary Health Properties PLC

Current Assets 37.5m
Cash & Short-Term Investments 4.1m
Receivables 27.4m
Other Current Assets 6m
Non-Current Assets 2.8B
Long-Term Investments 2.7B
PP&E 500k
Intangibles 5.8m
Other Non-Current Assets 900k
Current Liabilities 67.5m
Accounts Payable 30.4m
Other Current Liabilities 37.1m
Non-Current Liabilities 1.3B
Long-Term Debt 1.3B
Other Non-Current Liabilities 8.2m
Efficiency

Earnings Waterfall
Primary Health Properties PLC

Revenue
177.8m GBP
Cost of Revenue
-25.5m GBP
Gross Profit
152.3m GBP
Operating Expenses
-13.5m GBP
Operating Income
138.8m GBP
Other Expenses
-147.4m GBP
Net Income
-8.6m GBP

Free Cash Flow Analysis
Primary Health Properties PLC

Last Value
3-Years Average
FCF Margin
Conversion Rate
Fundamental Scores

PHP Profitability Score
Profitability Due Diligence

Primary Health Properties PLC's profitability score is 61/100. The higher the profitability score, the more profitable the company is.

61/100
Profitability
Score

Primary Health Properties PLC's profitability score is 61/100. The higher the profitability score, the more profitable the company is.

PHP Solvency Score
Solvency Due Diligence

Primary Health Properties PLC's solvency score is 27/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Low D/E
Short-Term Solvency
Low Altman Z-Score
27/100
Solvency
Score

Primary Health Properties PLC's solvency score is 27/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

PHP Price Targets Summary
Primary Health Properties PLC

Wall Street analysts forecast PHP stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PHP is 106.9 GBX with a low forecast of 85.85 GBX and a high forecast of 126 GBX.

Lowest
Price Target
85.85 GBX
9% Downside
Average
Price Target
106.9 GBX
14% Upside
Highest
Price Target
126 GBX
34% Upside
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Dividends

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Dividend Per Share
N/A
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0
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Shareholder Yield

Current shareholder yield for PHP is .

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Profile

Primary Health Properties PLC Logo
Primary Health Properties PLC

Country

United Kingdom

Industry

Real Estate

Market Cap

1.3B GBP

Dividend Yield

7.35%

Description

Primary Health Properties Plc is a healthcare real estate investment trust, which acquires and provides leasing back through indirect property investment. The firm invests in healthcare real estate let on long-term leases, backed by underlying covenants. The majority of its healthcare facilities are GP surgeries, with other properties let to NHS organizations, HSE in Ireland, pharmacies and dentists. Its property portfolio comprises approximately 513 primary healthcare facilities. The services offered by the Company includes acquisition and development, property management, landlord and tenant, asset management and finance. The firm's property portfolio includes St Andrew Medical Centre, Whetstone; Glynneath Medical Centre; West View Health Village, Fleetwoo; Langstone Way Surgery, Mil Hill; Hilltop Surgery, Leicester; Bermondsey Spa Medical Centre, Bermondsey; and Forest Road Medical Centre, Walthamstow, among others.

Contact

London
5th Fl, Greener House, 66-68 Haymarket
+442071045599.0
www.phpgroup.co.uk

IPO

1998-11-05

Employees

2

Officers

Founder & Non-Executive Chairman
Mr. Harry Abraham Hyman
CFO & Director
Mr. Richard Howell ACA, BA (Hons)
CEO & Director
Mr. Mark Davies A.C.A.
Company Secretary & Chief Legal Officer
Mr. Toby Newman
Director of Asset, Property & Facilities Management
Mr. David Austin

See Also

Discover More
What is the Intrinsic Value of one PHP stock?

The intrinsic value of one PHP stock under the Base Case scenario is 135.48 GBX.

Is PHP stock undervalued or overvalued?

Compared to the current market price of 94.1 GBX, Primary Health Properties PLC is Undervalued by 31%.

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