Ground Rents Income Fund (GRIO) AI Stock Analysis

Ground Rents Income Fund

(LSE:GRIO)

Select Model

Rating:44Neutral

Price Target:GBX 17.00▲(3.41% Upside)

Action:reiterated

Date:08/06/26

Poor financial performance driven by negative revenue and losses is the primary drag, compounded by weak valuation; mixed technicals provide minor short-term support but do not offset core risks.

Positive Factors

Moderate leverage and sizeable equityThe balance sheet shows relatively low-to-moderate leverage and a material equity base (52.2m in 2025). This structural strength provides financial flexibility to weather shocks, fund restructurings, and avoid forced asset sales, supporting longer-term viability despite earnings volatility.

Negative Factors

Severe revenue contraction and recurring lossesRevenue has collapsed materially and the company reported recurring net losses across recent years, undermining sustainable earnings power. This structural decline limits internal capital generation for reinvestment or dividends and makes recovery dependent on successful asset or business-model changes.

Ground Rents Income Fund (GRIO) vs. iShares MSCI United Kingdom ETF (EWC)

Market Cap: GBP 15.88M
Dividend Yield: ―
Average Volume (3M): 32.73K
Price to Earnings (P/E): -0.8
Beta (1Y): 0.08
Revenue Growth: ―
EPS Growth: ―
Country: UK
Employees: 3
Sector: Real Estate
Sector Strength: 65
Industry: Asset Management

Ground Rents Income Fund Business Overview & Revenue Model

Company Description

Ground Rents Income Fund plc is a closed-ended real estate investment trust, listed on The International Stock Exchange and traded on the SETSqx platform of the London Stock Exchange. Schroder Real Estate Investment Management Limited (the 'Manager')...

Ground Rents Income Fund Financial Statement Overview

Summary

Low financial scores reflect significant challenges, including negative revenue, persistent losses, shrinking assets, and declining cash flows, indicating poor profitability and sustainability.

Income Statement

15Very Negative

Balance Sheet

45Neutral

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	-1.70M	5.95M	-26.96M	1.16M	5.60M	5.69M
Gross Profit	-2.31M	4.85M	-26.96M	1.16M	4.73M	4.71M
EBITDA	-13.12M	2.01M	2.32M	-1.58M	-15.36M	3.81M
Net Income	-19.83M	-4.32M	-29.71M	-1.12M	-7.52M	1.19M
Balance Sheet
Total Assets	38.38M	63.13M	79.59M	110.45M	112.24M	122.34M
Cash, Cash Equivalents and Short-Term Investments	5.68M	4.28M	5.53M	1.60M	1.91M	1.09M
Total Debt	3.84M	8.16M	19.33M	20.85M	20.73M	19.11M
Total Liabilities	7.80M	10.96M	23.10M	24.25M	23.71M	22.63M
Stockholders Equity	30.58M	52.17M	56.49M	86.20M	88.52M	99.71M
Cash Flow
Free Cash Flow	398.89K	426.98K	2.08M	735.37K	2.95M	2.27M
Operating Cash Flow	398.88K	426.98K	2.08M	735.37K	2.95M	2.27M
Investing Cash Flow	6.22M	9.59M	3.56M	149.85K	42.80K	419.47K
Financing Cash Flow	-5.20M	-11.27M	-1.72M	-1.20M	-2.17M	-4.04M

Ground Rents Income Fund Technical Analysis

Technical Analysis SentimentNegative

Last Price16.44

Price Trends

50DMA16.99Negative

100DMA17.09Negative

200DMA17.52Negative

Market Momentum

MACD-0.13Positive

RSI21.71Positive

STOCH70.97Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GRIO, the sentiment is Negative. The current price of 16.44 is below the 20-day moving average (MA) of 16.81, below the 50-day MA of 16.99, and below the 200-day MA of 17.52, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 21.71 is Positive, neither overbought nor oversold. The STOCH value of 70.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:GRIO.

Ground Rents Income Fund Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

GB:GRIO against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GB:AEWU	69Neutral	GBP 163.12M	16.39	5.76%	7.78%	-3.39%	-59.21%
GB:CREI	67Neutral	GBP 400.83M	7.83	10.24%	7.31%	9.07%	21.13%
Sector *	65Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GB:AIRE	64Neutral	GBP 57.15M	13.17	6.42%	7.89%	3.75%	-40.24%
GB:API	46Neutral	GBP 6.10M	-2.58	-11.67%	245.08%	-100.00%	92.78%
GB:GRIO	44Neutral	GBP 15.88M	-0.78	-47.94%	―	―	―

* Real Estate Sector Average

Performance Comparison

GB:GRIO and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
GB:GRIO	Ground Rents Income Fund	16.60	-9.70	-36.88%
GB:AEWU	AEW UK REIT	102.80	4.50	4.58%
GB:CREI	Custodian REIT	82.10	7.94	10.71%
GB:API	Standard Life Investments Property Income	1.60	-0.48	-23.08%
GB:AIRE	Alternative Income REIT Plc	71.00	2.55	3.73%

Ground Rents Income Fund Corporate Events

Business Operations and StrategyDividendsFinancial DisclosuresRegulatory Filings and Compliance

Ground Rents Income Fund Hit by Valuation Collapse Amid Leasehold Reforms

Negative

Jun 29, 2026

Ground Rents Income Fund reported a sharp deterioration in its interim results, with the unaudited portfolio valuation falling 42.3% to £29.5 million and net asset value dropping to £30.6 million, or 32.0 pence per share, largely due to the...

Business Operations and StrategyExecutive/Board Changes

Ground Rents Income Fund announces departure of two non-executive directors

Neutral

Jun 1, 2026

Ground Rents Income Fund plc has announced the resignation of non-executive directors Bill Holland and Katherine Innes Ker, effective 29 May 2026. The board credited both departing directors with steering the company through a period marked by substa...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 04, 2026

Ground Rents Income Fund AI Stock Analysis