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1 Comment
Primary Health Properties PLC is currently in a long term uptrend where the price is trading 8.5% above its 200 day moving average.
From a valuation standpoint, the stock is 143.0% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 15.7.
Finally, its free cash flow grew by 28.4% to $30M since the same quarter in the previous year.
Based on the above factors, Primary Health Properties PLC gets an overall score of 2/5.
Industry | REIT-Healthcare Facilities |
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Sector | Real Estate |
ISIN | GB00BYRJ5J14 |
CurrencyCode | EUR |
Exchange | F |
Dividend Yield | 6.6% |
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Target Price | None |
PE Ratio | 39.13 |
Beta | 0.3 |
Market Cap | 2B |
Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieve this by investing in healthcare real estate let on long-term leases, backed by a secure underlying covenant funded mostly by government bodies. The Group's portfolio comprises over 480 primary healthcare facilities, both completed and committed, the majority of which are GP surgeries, with other properties let to NHS organisations, pharmacies and dentists.
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