DERWENT LONDON PLC ORD 5P chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 2.04
Dividend & Yield0.78£ (3.61%)
Beta 0.77
Market capitalization 2.43B
Operating cash flow 122.5M
ESG Scores unknown

Company description

Derwent London plc owns 83 buildings in a commercial real estate portfolio predominantly in central London valued at £5.4 billion (including joint ventures) as at 30 June 2020, making it the largest London-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling. We typically acquire central London properties off-market with low capital values and modest rents in improving locations, most of which are either in the West End or the Tech Belt. We capitalise on the unique qualities of each of our properties - taking a fresh approach to the regeneration of every building with a focus on anticipating tenant requirements and an emphasis on design. Reflecting and supporting our long-term success, the business has a strong balance sheet with modest leverage, a robust income stream and flexible financing. As part of our commitment to lead the industry in mitigating climate change, in October 2019, Derwent London became the first UK REIT to sign a Green Revolving Credit Facility. At the same time, we also launched our Green Finance Framework and signed the Better Buildings Partnership's climate change commitment. The Group is a member of the 'RE100' which recognises Derwent London as an influential company, committed to 100% renewable power by purchasing renewable energy, a key step in becoming a net zero carbon business. Derwent London is one of only a few property companies worldwide to have science-based carbon targets validated by the Science Based Targets initiative (SBTi). Landmark schemes in our 5.6 million sq ft portfolio include 80 Charlotte Street W1, Brunel Building W2, White Collar Factory EC1, Angel Building EC1, 1-2 Stephen Street W1, Horseferry House SW1 and Tea Building E1. In 2019, the Group won several awards including EG Offices Company of the Year, the CoStar West End Deal of the Year for Brunel Building, Westminster Business Council's Best Achievement in Sustainability award and topped the real estate sector and was placed ninth overall in the Management Today 2019 awards for 'Britain's Most Admired Companies'. In 2013 the Company launched a voluntary Community Fund and has to date supported over 100 community projects in the West End and the Tech Belt. The Company is a public limited company, which is listed on the London Stock Exchange and incorporated and domiciled in the UK. The address of its registered office is 25 Savile Row, London,

Sector: Real Estate - Industry: REIT—Office

Financial Ratios
Quick Ratio1.21
Working Capital3.48
Return On Equity0.06
Debt To Equity0.28
Fixed Asset Ratio-0.23
Fixed Interest Cover4.86

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -209.1M -44.3M -92.5M -182.6M
Net Borrowings 180.3M 66.7M 55.7M 212.5M
Total Cash From Financing Activities 25.2M -16.6M -27.2M 74.7M
Change To Operating Activities
Issuance Of Stock 400k 3.5M 600k 1.8M
Net Income 222.3M 283.4M -77.6M 252.3M
Change In Cash -68.7M 36.2M -3.8M 17.8M
Effect Of Exchange Rate
Total Cash From Operating Activities 115.2M 97.1M 115.9M 125.7M
Depreciation 700k 700k 700k 900k
Change To Account Receivables
Other Cashflows From Financing Activities -3.3M -11.7M -1.7M -55.3M
Change To Netincome -107.8M -187M 192.8M -127.5M
Capital Expenditures

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 221.6M 280.6M -83M 252.5M
Net Income 222.3M 283.4M -77.6M 252.3M
Selling General Administrative 32.3M 37M 37.8M 37.1M
Gross Profit 185.2M 182.7M 197.1M 174.4M
Ebit 154.5M 145.7M 149.2M 136.5M
Operating Income 154.5M 145.7M 149.2M 136.5M
Interest Expense -19.2M -26.8M -30.3M -28.1M
Income Tax Expense 2.7M 2.5M -1.6M -1.3M
Total Revenue 228.5M 230.5M 268.6M 227.2M
Cost Of Revenue 43.3M 47.8M 71.5M 52.8M
Total Other Income ExpenseNet 67.1M 134.9M -232.2M 116M
Net Income From Continuing Ops 218.9M 278.1M -81.4M 253.8M
Net Income Applicable To Common Shares 222.3M 283.4M -77.6M 252.3M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.09B 1.16B 1.22B 1.45B
Total Stockholder Equity 4.2B 4.42B 4.26B 4.44B
Other Current Liabilities 62.6M 64.9M 68.7M 80.4M
Total Assets 5.35B 5.63B 5.53B 5.89B
Common Stock 5.6M 5.6M 5.6M 5.6M
Other Current Assets 20.6M 139.2M 187.6M 127.5M
Retained Earnings 3.06B 3.29B 3.12B 3.3B
Treasury Stock 943.5M 936.2M 939.4M 941.1M
Cash 18.3M 54.5M 50.7M 68.5M
Total Current Liabilities 253.9M 113.7M 107.8M 193M
Other Stockholder Equity 943.5M 936.2M 939.4M 941.1M
Property, Plant, and Equipment 5.08B 5.22B 5.08B 5.41B
Total Current Assets 116M 272.4M 304.8M 265.6M
Net Tangible Assets 4.2B 4.42B 4.26B 4.44B
Net Receivables 40.8M 38M 53.6M 37M
Accounts Payable 1.4M 7.2M 2.5M 3.2M


Insider Transactions

Here are the insider transactions of stock shares related to DERWENT LONDON PLC ORD 5P:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Williams (Paul M.)D2022-10-18
Williams (Paul M.)Bought at price 21.11 per share.D2022-10-112.58k
T. Rowe Price Associates, Inc.D2022-10-111.12M
Wisniewski (Damian Mark Alan)Bought at price 21.11 per share.D2022-10-111.29k
George (Nigel Quintin)Bought at price 21.11 per share.D2022-10-112.58k
Williams (Paul M.)D2022-08-161.3k
Sharma (Sanjeev)Bought at price 32.95 per share.D2022-08-111.26k
Resolution Capital, Ltd.D2022-08-10230.97k
Canada Pension Plan Investment BoardD2022-08-08
T. Rowe Price Associates, Inc.D2022-07-2934.46k
T. Rowe Price Associates, Inc.D2022-07-22759.73k
T. Rowe Price Associates, Inc.D2022-07-19934.55k
Wisniewski (Damian Mark Alan)Exercise of Option at price 32.20 per share.D2022-06-01348
Williams (Paul M.)Exercise of Option at price 32.20 per share.D2022-06-01348
George (Nigel Quintin)Exercise of Option at price 32.20 per share.D2022-06-01348
T. Rowe Price Associates, Inc.D2022-05-2443.42k
T. Rowe Price Associates, Inc.D2022-05-24199.31k
Williams (Paul M.)D2022-03-145.25k
Williams (Paul M.)Sold at price 40.17 per share.D2022-03-142.47k
Williams (Paul M.)D2022-03-143.99k
Williams (Paul M.)Sold at price 40.17 per share.D2022-03-141.88k
Silverman (David Gary)D2022-03-145.25k
Silverman (David Gary)Sold at price 40.17 per share.D2022-03-142.47k
Silverman (David Gary)D2022-03-143.4k
Silverman (David Gary)Sold at price 40.17 per share.D2022-03-141.6k
Wisniewski (Damian Mark Alan)D2022-03-143.4k
Wisniewski (Damian Mark Alan)Sold at price 40.17 per share.D2022-03-141.6k
George (Nigel Quintin)D2022-03-145.25k
George (Nigel Quintin)Sold at price 40.17 per share.D2022-03-142.47k
George (Nigel Quintin)D2022-03-143.4k
George (Nigel Quintin)Sold at price 40.17 per share.D2022-03-141.6k
Prideaux (Emily)D2022-03-141.44k
Prideaux (Emily)Sold at price 40.17 per share.D2022-03-14676
Resolution Capital, Ltd.D2022-02-25
PGGM Vermogensbeheer B.V.D2021-12-091.18M
PGGM Vermogensbeheer B.V.D2021-12-03954.08k
PGGM Vermogensbeheer B.V.D2021-11-291.43M
T. Rowe Price Associates, Inc.D2021-11-291.14M
PGGM Vermogensbeheer B.V.D2021-10-21927.42k
PGGM Vermogensbeheer B.V.D2021-10-131.25M
T. Rowe Price Associates, Inc.D2021-06-181.04M
Breuer (Mark)Bought at price 47.92 per share.D2021-05-183k
Burns (John David)D2021-03-23289
Burns (John David)Sold at price 44.03 per share.D2021-03-23289
George (Nigel Quintin)D2021-03-23188
George (Nigel Quintin)Sold at price 44.03 per share.D2021-03-2390
Wisniewski (Damian Mark Alan)D2021-03-23188
Wisniewski (Damian Mark Alan)Sold at price 44.03 per share.D2021-03-23188
Williams (Paul M.)D2021-03-23188
Williams (Paul M.)Sold at price 44.03 per share.D2021-03-2390
Silverman (David Gary)D2021-03-23188

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to DERWENT LONDON PLC ORD 5P. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on DERWENT LONDON PLC ORD 5P

Here is the result of two systematic investment strategies applied to DERWENT LONDON PLC ORD 5P. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on DERWENT LONDON PLC ORD 5P

The following chart shows the equity curve of the two systematic investment strategies applied to DERWENT LONDON PLC ORD 5P:

DERWENT LONDON PLC ORD 5P automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 10.31% on the backtest period.

Performance at glance

Performance

10.31 %

Latent gain

1288.0 £

Invested capital

12496.0 £

Annualized return

2.5 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on DERWENT LONDON PLC ORD 5P

This is the result of two momentum investment strategies applied to DERWENT LONDON PLC ORD 5P. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on DERWENT LONDON PLC ORD 5P

The following chart shows all the entries opened by the momentum investment system on DERWENT LONDON PLC ORD 5P:

DERWENT LONDON PLC ORD 5P momentum entries
  • The first momentum investment strategy would give 14.32% of return on DERWENT LONDON PLC ORD 5P. That represents 1295.0£ of latent gain with 9043.0£ of employed capital.
  • The second momentum investment strategy would give 13.32% of return on DERWENT LONDON PLC ORD 5P. That represents 1215.0£ of latent gain with 9123.0£ of employed capital.
Performance at glance (1Q Momentum)

Performance

14.32 %

Latent gain

1295.0 £

Invested capital

9043.0 £

Annualized return

-6.43 %
Performance at glance (2Q Momentum)

Performance

13.32 %

Latent gain

1215.0 £

Invested capital

9123.0 £

Annualized return

3.66 %

Momentum equity curve on DERWENT LONDON PLC ORD 5P

The following chart shows the equity curve of the two momentum strategies applied to DERWENT LONDON PLC ORD 5P:

DERWENT LONDON PLC ORD 5P momentum equity

Note: the dividends potentially given by DERWENT LONDON PLC ORD 5P are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on DERWENT LONDON PLC ORD 5P

The following chart shows the employed capital evolution of the two momentum strategies on DERWENT LONDON PLC ORD 5P since the beginning:

DERWENT LONDON PLC ORD 5P

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on DERWENT LONDON PLC ORD 5P

Buy the dip entry openings on DERWENT LONDON PLC ORD 5P

DERWENT LONDON PLC ORD 5P

The performance achieved by the robo-advisor on DERWENT LONDON PLC ORD 5P is -13.63%. That represents -1088.0$ of latent gain with 7980.0£ of employed capital. The following chart shows DERWENT LONDON PLC ORD 5P stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of DERWENT LONDON PLC ORD 5P, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-13.63 %

Latent gain

-1088.0 £

Invested capital

7980.0 £

Annualized return

-6.43 %

Equity curve of the strategy applied to DERWENT LONDON PLC ORD 5P

The following chart shows the result of the investment strategy applied to DERWENT LONDON PLC ORD 5P:

DERWENT LONDON PLC ORD 5P

Note: the dividends potentially given by DERWENT LONDON PLC ORD 5P are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on DERWENT LONDON PLC ORD 5P

The following chart shows the employed capital evolution since the beginning of the investment strategy on DERWENT LONDON PLC ORD 5P:

DERWENT LONDON PLC ORD 5P

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on DERWENT LONDON PLC ORD 5P

In this section, I will compare the three previous investment strategies applied to DERWENT LONDON PLC ORD 5P.

Equity curve comparison on DERWENT LONDON PLC ORD 5P

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

DERWENT LONDON PLC ORD 5P investment strategy comparison

Employed capital comparison on DERWENT LONDON PLC ORD 5P

DERWENT LONDON PLC ORD 5P investment comparison

Performance comparison on DERWENT LONDON PLC ORD 5P

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 10.31% 1288.0£ 12496.0£ 2.5%
Momentum 1 quarter 14.32% 1295.0£ 9043.0£ 3.69%
Momentum 2 quarters 13.32% 1215.0£ 9123.0£ 3.66%
Non-directional -13.63% -1088.0£ 7980.0£ -6.43%
Annualized return comparison

Automatic investment

2.5 %

Momentum 1Q

3.66 %

Momentum 2Q

3.66 %

Non-directional

-6.43 %

Correlated stocks

Here are the most positively and negatively correlated stocks with DERWENT LONDON PLC ORD 5P:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between DERWENT LONDON PLC ORD 5P and the other stocks. There may be false positives or some missing correlated stocks. If the price of DERWENT LONDON PLC ORD 5P does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name DERWENT LONDON PLC ORD 5P
Country United Kingdom
City London
Address 25 Savile Row
Phone 44-20-76593000
Website www.derwentlondon.com
FullTime employees 163
Industry REIT—Office
Sector Real Estate
Exchange XLON
Ticker DLN.XLON
Market www.londonstockexchange.com

DERWENT LONDON PLC ORD 5P ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown