Tritax Big Box REIT Plc Company Overview and Data

Tritax Big Box REIT Plc is a leading UK REIT focused on the ownership and management of big box logistics assets. The company was established in 2013.

Tritax Big Box REIT Plc is listed on the London Stock Exchange. It has a market capitalization of £5.4 billion.

The company's portfolio comprises 54 assets with a total lettable area of 22.4 million square feet. This makes it one of the largest owners of big box logistics assets in the UK.

Tritax Big Box REIT Plc has a strong track record of delivering returns to its investors, with a total return of 123.5% since its IPO in 2013.

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Tritax Big Box REIT plc was founded in 2012.

The company has a strong leadership under CEO Colin Godfrey.

Tritax Big Box REIT plc is committed to delivering attractive and sustainable returns for its shareholders.

The company focuses on well-located, modern logistics assets, typically let to institutional-grade tenants on long-term leases with upward-only rent reviews.

Here are some key facts about Tritax Big Box REIT plc's logistics assets:

Tritax Big Box REIT has a robust financial foundation, with a portfolio of 113 large-scale logistics assets across the UK.

Their portfolio is valued at around £4.4 billion, a significant increase from the £1.2 billion initial investment.

The REIT has a strong track record of delivering steady returns to its investors, with a dividend yield of around 4.5%.

Tritax Big Box REIT's financial data is a testament to its expertise in the logistics sector, with a focus on large-scale, high-quality assets that drive long-term value.

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Dividend Yield is a key component of Shareholder Yield, which also includes Buyback Yield and Debt Paydown Yield.

Dividend Yield represents the ratio of annual dividend payments to the stock's current price.

This value helps investors understand the return they can expect from a company's dividend payments.

For example, a company with a high Dividend Yield may be attractive to income-seeking investors.

Dividend Yield is often expressed as a percentage, making it easy to compare with other investment opportunities.

A company with a 5% Dividend Yield, for instance, would pay $5 in dividends for every $100 invested.

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Tritax Big Box REIT plc's PE ratio has fluctuated significantly over the years, with a maximum annual PE ratio of 45.41 and a minimum annual PE ratio of -4.32.

In 2023, the company's PE ratio peaked at 45.41, a -1150.91% change from the previous year. This is a stark contrast to 2022, when the PE ratio dipped to -4.32, a -196.12% change from 2021.

The PE ratio has been affected by various market dynamics, with a 133.02% increase in 2019 compared to 2018. However, this growth was short-lived, as the PE ratio decreased by 13.13% in 2018.

Here's a summary of Tritax Big Box REIT plc's PE ratio over the past few years:

The company's PE ratio is also compared to its peers, with Tritax Big Box REIT plc's PE ratio being greater than Primary Health Properties PLC (-138.00), SEGRO Plc (-920.88), and Assura Plc (-35.10). However, it is less than Greencoat UK Wind PLC (26.20) and greater than Warehouse REIT plc (0.78).

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Shareholder Returns are a crucial aspect of evaluating a company's performance, and BBOX is no exception. The 7-day return for BBOX is 5.4%, which is significantly higher than the 4.3% return of the GB Industrial REITs index.

One of the key ways to measure shareholder returns is by looking at the dividend yield. Unfortunately, the current shareholder yield for BBOX is not provided. However, we can look at the company's share price history to get a sense of its performance.

BBOX's current share price is £1.36, which is up 2.80% in the past month. Over the past year, the share price has fallen by 13.8%. This is a significant decline, but it's worth noting that the UK Industrial REITs index has performed even worse, returning -22.9% over the past year.

Here's a summary of BBOX's performance compared to the UK Industrial REITs index and the UK Market:

As you can see, BBOX has underperformed the UK Market over the past year, but has performed better than the UK Industrial REITs index. This suggests that BBOX may be a more attractive investment option for those looking to invest in the industrial sector.

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Tritax Big Box REIT has seen a mean historical PE Ratio of 16.53 over the last ten years, with the current PE Ratio being 19.43. This represents an 11.66% change from the historical average.

The PE Ratio was at its highest in January 2015 at 21.98, and at its lowest in December 2023 at -26.18.

Over the past 5 years, the 5-year avg PE Ratio wasn't mentioned, but the 10-year avg was 16.53.

In the last 10 years, the PE Ratio has fluctuated significantly, with the highest and lowest values being 21.98 and -26.18, respectively.

Tritax Big Box REIT's current share price is £1.36, with a 52-week high of £1.69 and a 52-week low of £1.25.

The 1 Month Change is 2.80%, while the 3 Month Change is -13.60%. The 1 Year Change is -13.82%, and the 3 Year Change is -43.33%.

The 5 Year Change is -3.27%, and the Change since IPO is 35.32%.

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Tritax Big Box REIT has a market capitalization of £3.77B, with a P/E ratio of 10.9x in 2024 and 9.11x in 2025.

The company's enterprise value is £5.85B, with an EV/Sales ratio of 19.1x in 2024 and 16.5x in 2025.

The stock has a free float of 98.43% and a yield of 5.62% in 2024, increasing to 5.97% in 2025.

The average 1-year price target for Tritax Big Box REIT is £185.27, with a low forecast of £152.51 and a high forecast of £220.5.

The valuation of a company can be a complex and nuanced topic, but let's break it down simply. The market capitalization of Tritax Big Box REIT plc is currently around 4.13B pounds.

The price-to-earnings (P/E) ratio is a key metric to consider when evaluating a company's valuation. As of 2024, Tritax Big Box REIT plc has a P/E ratio of 10.9x, which is higher than its 2025 forecast of 9.11x.

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Enterprise value (EV) is another important metric to consider. As of 2024, Tritax Big Box REIT plc has an EV of 5.24B pounds, which is lower than its 2025 forecast of 6.41B pounds.

The free-float of Tritax Big Box REIT plc is 98.43%, which is a high percentage. This means that a significant portion of the company's shares are available for trading.

Here's a summary of Tritax Big Box REIT plc's valuation metrics:

According to Wall Street analysts, the average 1-year price target for Tritax Big Box Reit PLC is 185.27 GBX, with a low forecast of 152.51 GBX and a high forecast of 220.5 GBX.

When evaluating the price volatility of Tritax Big Box REIT, it's essential to consider its historical performance and how it stacks up against the market and industry averages.

BBOX has experienced a 1 Month Change of 2.80%, which is a relatively stable period. Its 52 Week High of UK£1.69 and 52 Week Low of UK£1.25 indicate a moderate price range.

BBOX's Beta of 0.93 suggests that its stock price has historically moved in line with the market, but with slightly lower volatility. This is further supported by its Average Weekly Movement of 3.5%, which is lower than the Market Average Movement of 4.9%.

In comparison to the Industrial REITs Industry, BBOX's Average Weekly Movement is slightly higher at 3.5% compared to the industry average of 3.0%. However, this is still relatively stable compared to the 10% most volatile stocks in the GB Market, which have an average weekly movement of 10.7%.

Here's a summary of BBOX's price volatility compared to the market and industry:

Over the past year, BBOX's weekly volatility has been stable at 4%, which is lower than the market average. This suggests that BBOX's price has been relatively stable compared to the market.

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