Circle Property Plc
Circle Property Plc (CRC.L) Stock Overview
Explore Circle Property Plc’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
1M
P/E Ratio
0.23
EPS (TTM)
$0.07
ROE
0.06%
CRC.L Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Circle Property Plc (CRC.L) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $24.09.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 0.23 and a market capitalization of 1M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
Circle is amongst the best performing quoted UK real estate companies by NAV total return (NAV growth and dividend) having delivered consistent returns with 87% NAV growth since IPO in 2016 in absolute terms. Circle focusses on acquiring assets in regional cities, many of which have significant office supply constraints, and on office assets with active management potential (refurbishment opportunities, under-rented or vacant properties or short leases), rather than just maximising initial rental yields. Circle is not a Real Estate Investment Trust (REIT) and can actively recycle proceeds from asset sales into its refurbishment and redevelopment pipeline, as well as future investment opportunities, therefore targeting a broader range of returns for shareholders, which are primarily driven by NAV growth. As well as already delivering substantial increases in NAV, the Company's portfolio has significant reversionary potential with current total estimated rental values of approximately £10.9 million per annum, compared to contracted rent of £8.2 million at 30 September 2019. The Company has a portfolio of 15 regional commercial property investment and development assets in the UK valued at £135.6 million as at 30 September 2019.
John Anthony Arnold
4
Standard Bank House, Saint Helier
2016