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Derwent London PLC DLN

Morningstar Rating
GBX 2,030.00 −50.00 (2.40%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

DLN is trading at a 30% discount.
Price
GBP 2,065.08
Fair Value
GBP 6,472.88
Uncertainty
High
1-Star Price
GBP 5,114.56
5-Star Price
GBP 8,742.84
Economic Moat
Hgnmr
Capital Allocation
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Trading Information

Previous Close Price
GBX 2,080.00
Day Range
GBX 2,027.442,079.99
52-Week Range
GBX 1,766.002,452.00
Bid/Ask
GBX 0.00 / GBX 0.00
Market Cap
GBX 227.95 Bil
Volume/Avg
230,321 / 284,062

Key Statistics

Price/Earnings (Normalized)
19.94
Price/Sales
8.65
Dividend Yield (Trailing)
3.80%
Dividend Yield (Forward)
3.80%
Total Yield
3.80%

Company Profile

Derwent London PLC is a London-focused real estate investment trust. Derwent owns, manages, and refurbishes office real estate in Central London. Within this region, the majority of the company's assets are located in the districts of London's West End, such as Fitzrovia. Properties in London's Tech Belt and the City Borders also represent significant parts of the company's real estate portfolio. Derwent derives nearly all of its revenue from tenants in the form of rental income structured in mid-to-long-term leases. Office buildings in the central West End are responsible for the majority of revenue generated. Media and advertising companies, professional and business services firms, and retail head offices are all fairly evenly represented among the company's tenants.
Sector
Real Estate
Industry
REIT - Office
Stock Style Box
Mid Core
Total Number of Employees
189

Comparables

Valuation

Metric
DLN
GPE
WKP
Price/Earnings (Normalized)
19.94113.3815.25
Price/Book Value
0.660.610.59
Price/Sales
8.6510.625.23
Price/Cash Flow
20.8414.18
Price/Earnings
DLN
GPE
WKP

Financial Strength

Metric
DLN
GPE
WKP
Quick Ratio
0.200.150.51
Current Ratio
0.740.241.30
Interest Coverage
−11.96−23.38−5.24
Quick Ratio
DLN
GPE
WKP

Profitability

Metric
DLN
GPE
WKP
Return on Assets (Normalized)
2.16%0.95%2.16%
Return on Equity (Normalized)
3.00%1.32%3.46%
Return on Invested Capital (Normalized)
2.79%1.29%3.30%
Return on Assets
DLN
GPE
WKP
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