
British Land Company Plc (BLND.L)
ValueMarkers Composite Index
DCF data not available
British Land Company Plc (BLND.L) — VMCI valuation read
BLND.L prints VMCI 47/100 inside the Real Estate sector, where the median sits at 50. The 3-point below-median delta is the cleanest single-number summary of British Land Company Plc's composite stance, and in the mid-cap bucket it places the share behind the typical peer on the five-pillar mix.
On BLND.L, the SEC EDGAR Form 4 stream shows no insider buys or sells in the past 30 days. Quiet tapes happen; they just remove a signal that bull and bear cases sometimes lean on for confirmation.
**Investor frame.** BLND.L trades at 20.0x earnings, 11% above the Real Estate median of 18.0x; that is the value line. ROIC of 10.0% sits 0.0pp above the Real Estate median (10.0%); that is the quality line. net debt to EBITDA of -2.2x leaves covenant headroom; that is the risk line for British Land Company Plc on the trailing financials.
BLND.L fell 3.3% over the trailing 7 days, with a -20.7% read on a 30-day basis.
Our portfolio of high quality UK commercial property is focused on London Offices and Retail around the UK. We own or manage a portfolio valued at £13.7bn (British Land share: £10.3bn) as at 30 September 2020 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles - Places People Prefer. We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them. This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance. Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 65% of our portfolio. Our Retail portfolio is focused on retail parks and shopping centres, and accounts for 31% of our portfolio. Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 53 acre redevelopment opportunity where we have plans to create a new neighbourhood for London. Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing. In April 2016 British Land received the Queen's Award for Enterprise: Sustainable Development, the UK's highest accolade for business success for economic, social and environmental achievements over a period of five years.
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Key metrics explained
Definitions, formulas, and how ValueMarkers calculates each indicator used in BLND.L’s VM Score.
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