LondonMetric Property (LMP) AI Stock Analysis

• Market Cap: £4.44B
• Dividend Yield: 6.41%
• Average Volume (3M): 6.31M
• Price to Earnings (P/E): 11.1
• Beta (1Y): 0.90
• Revenue Growth: 122.74%
• EPS Growth: 60.58%
• Country: UK
• Employees: 47
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): 0.09
• Shares Outstanding: 2,343,430,400
• 10 Day Avg. Volume: 5,980,678
• 30 Day Avg. Volume: 6,310,205
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £230.83
• Price Target Upside: 21.36% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 80 Outperform
• Price Target: 213.00p ▲(11.99% Upside)

LondonMetric Property scores well due to its strong financial performance and attractive valuation. The stock's positive technical indicators further support its potential. However, past profit volatility and rising debt levels require monitoring.

Positive Factors

Revenue Growth

Significant revenue growth indicates strong demand for LMP's properties and effective business strategies, enhancing long-term profitability.

Cash Generation

Robust cash generation supports LMP's ability to invest in new projects and maintain financial flexibility, crucial for sustainable growth.

Balance Sheet Strength

A solid balance sheet with moderate leverage enhances financial stability, allowing LMP to withstand economic fluctuations and invest in growth.

Negative Factors

Profit Volatility

Profit volatility can impact investor confidence and long-term planning, requiring careful management to ensure consistent performance.

Rising Debt Levels

Rising debt levels could strain financial resources and limit future investment capabilities, posing a risk to long-term growth.

Financing Cash Flow Fluctuations

Inconsistent financing cash flows can affect liquidity management and strategic investments, impacting LMP's ability to capitalize on growth opportunities.

LondonMetric Property Business Overview & Revenue Model

Company Description

LondonMetric Property (LMP) is a UK-based real estate investment trust (REIT) focused on investing in and managing a diversified portfolio of properties across the logistics, retail, and urban areas. The company specializes in acquiring high-quality assets that generate stable income and potential for capital appreciation, with a strong emphasis on logistics properties to meet the growing demand for e-commerce and last-mile delivery solutions. LMP's core products include rental income from its property holdings and strategic development projects that enhance its portfolio value.

How the Company Makes Money

LondonMetric Property generates revenue primarily through rental income from its extensive portfolio of commercial properties, which includes logistics facilities, retail assets, and urban developments. The company benefits from long-term leases with tenants, providing a reliable income stream. Additionally, LMP engages in property development, which allows it to create value through new projects and enhance existing properties. The firm also focuses on strategic asset management to optimize occupancy rates and rental yields. Key revenue streams include direct rental income, development profits from newly constructed properties, and potential capital gains from property sales. Partnerships with major retailers and logistics operators further bolster its earnings by ensuring high occupancy levels and sustained demand for its properties.

LondonMetric Property Financial Statement Overview

Summary

LondonMetric Property shows strong financial performance with robust revenue and profit growth, efficient cost management, and a solid balance sheet. The financial health is stable, but rising debt levels and past profit volatility warrant monitoring.

Income Statement

The company has demonstrated strong revenue growth with a substantial increase of 122.8% from the previous year. The gross profit margin is exceptionally high at 98.8%, indicating efficient cost management. Net profit margin stands at 87.7%, showcasing significant profitability. However, the previous years showed volatility, with a major loss in 2023, which should be monitored for future stability.

Balance Sheet

The balance sheet is strong, with a debt-to-equity ratio of 0.51, indicating moderate leverage. The equity ratio is 61.9%, showing a solid equity base, which is a positive sign for financial stability. Return on equity is a robust 8.5%, reflecting effective use of equity to generate profit. The financial health appears stable, though the increase in total debt over the years requires attention.

Cash Flow

Cash flow analysis reveals healthy free cash flow growth, with a 142.1% increase from the previous year. The operating cash flow to net income ratio is 0.91, suggesting strong cash generation relative to reported profits. The free cash flow to net income ratio is 0.82, underlining good cash conversion efficiency. However, fluctuations in financing cash flows and capital expenditures need careful management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	396.70M	178.00M	136.40M	133.20M	122.20M
Gross Profit	391.80M	176.30M	134.90M	131.20M	119.90M
EBITDA	468.30M	161.70M	119.10M	116.20M	110.20M
Net Income	347.90M	118.70M	-506.30M	734.50M	257.30M
Balance Sheet
Total Assets	6.61B	6.48B	3.08B	3.66B	2.63B
Cash, Cash Equivalents and Short-Term Investments	41.80M	111.90M	32.60M	51.30M	51.40M
Total Debt	2.10B	2.12B	1.02B	1.03B	842.70M
Total Liabilities	2.48B	2.51B	1.08B	1.09B	888.70M
Stockholders Equity	4.09B	3.94B	1.97B	2.56B	1.73B
Cash Flow
Free Cash Flow	284.00M	117.30M	84.90M	54.20M	60.50M
Operating Cash Flow	316.90M	123.10M	101.80M	105.20M	86.10M
Investing Cash Flow	-7.90M	195.70M	500.00K	-377.10M	-53.00M
Financing Cash Flow	-339.70M	-249.90M	-121.00M	271.80M	-63.50M

LondonMetric Property Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 190.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:LMP, the sentiment is Positive. The current price of 190.2 is above the 20-day moving average (MA) of 188.96, above the 50-day MA of 184.24, and above the 200-day MA of 184.66, indicating a bullish trend. The MACD of 2.70 indicates Positive momentum. The RSI at 54.07 is Neutral, neither overbought nor oversold. The STOCH value of 29.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:LMP.

LondonMetric Property Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LMP	―	£4.44B	11.15	8.66%	6.41%	122.74%	60.58%
LAND	―	£4.62B	11.66	6.13%	5.34%	0.97%	―
CREI	―	£370.03M	9.28	9.14%	7.50%	3.79%	―
BLND	―	£3.85B	10.95	6.14%	6.01%	-20.83%	―
UTG	―	£2.78B	8.01	7.57%	5.51%	12.77%	14.86%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
PCTN	―	$418.36M	11.78	7.04%	4.73%	-1.23%	―

LondonMetric Property Corporate Events

LondonMetric Announces Retirement of Investment Director Valentine Beresford

LondonMetric Property Plc announced the retirement of Valentine Beresford, Investment Director and one of the original founders, at the end of the current financial year. Will Evers, who has been Joint Head of Investment since 2024, will become the sole Head of Investment, ensuring continuity in leadership. The transition is part of a planned succession, with the company poised to continue capitalizing on significant opportunities, supported by a strong management team.

The most recent analyst rating on (GB:LMP) stock is a Buy with a £209.00 price target. To see the full list of analyst forecasts on LondonMetric Property stock, see the GB:LMP Stock Forecast page.

LondonMetric Property Reports Strong Growth and Strategic Refinancing

LondonMetric Property Plc reported strong performance for the six-month period ending September 2025, with a 14% increase in net rental income and high occupancy rates. The company has been active in non-core asset disposals and acquisitions, enhancing its portfolio with significant rental growth and maintaining a low cost ratio. It has also engaged in refinancing activities to replace secured debt with more favorable unsecured debt terms, positioning itself well for future investments and debt management. Integration of recent acquisitions is progressing smoothly, contributing to the company’s dynamic growth and shareholder-aligned culture.

The most recent analyst rating on (GB:LMP) stock is a Buy with a £209.00 price target. To see the full list of analyst forecasts on LondonMetric Property stock, see the GB:LMP Stock Forecast page.

LondonMetric Property PLC Announces Additional Listing of Shares

LondonMetric Property PLC announced the issuance of 524,274 ordinary shares as part of its scrip dividend scheme, following the declaration of a quarterly interim dividend. The new shares are set to be admitted to the London Stock Exchange on 8 October 2025, increasing the company’s total issued share capital to 2,343,430,483 ordinary shares. This move is expected to enhance shareholder value and provide flexibility in managing shareholder interests.

The most recent analyst rating on (GB:LMP) stock is a Buy with a £2.35 price target. To see the full list of analyst forecasts on LondonMetric Property stock, see the GB:LMP Stock Forecast page.

LondonMetric Expands Portfolio with £78.5 Million NNN Asset Acquisitions

LondonMetric Property Plc has announced the acquisition of £78.5 million worth of triple net lease assets across five transactions, with an expected net initial yield (NIY) increase from 5.5% to 6.3% over five years. The acquisitions include a portfolio of Premier Inn hotels, logistics warehouses, and convenience assets, adding £4.6 million in annual rent and extending the company’s presence in the budget hotel sector. These strategic investments are aimed at enhancing the granularity of LondonMetric’s assets in key sectors, capitalizing on consumer trends towards experience, entertainment, and convenience, and are expected to lead to further similar opportunities.

The most recent analyst rating on (GB:LMP) stock is a Hold with a £2.10 price target. To see the full list of analyst forecasts on LondonMetric Property stock, see the GB:LMP Stock Forecast page.

LondonMetric Property Announces Scrip Dividend Option for Shareholders

LondonMetric Property Plc has announced a first quarterly interim dividend of 3.05 pence per Ordinary Share, payable on 8 October 2025. Shareholders have the option to receive this dividend in the form of new ordinary shares instead of cash, with the scrip calculation price set at 181.8 pence per share, reflecting the average closing mid-market price over a specified period.

The most recent analyst rating on (GB:LMP) stock is a Hold with a £2.10 price target. To see the full list of analyst forecasts on LondonMetric Property stock, see the GB:LMP Stock Forecast page.

LondonMetric Boosts Dividend by 7% for FY 2025/26

LondonMetric Property Plc has announced a 7% increase in its first quarterly interim dividend for the fiscal year 2025/26, raising it to 3.05 pence per Ordinary Share. This increase aligns with the company’s progressive dividend policy and reflects its commitment to delivering value to shareholders, potentially enhancing its market position and investor confidence.

The most recent analyst rating on (GB:LMP) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on LondonMetric Property stock, see the GB:LMP Stock Forecast page.

LondonMetric Property Announces Director Share Transaction

LondonMetric Property Plc announced a transaction involving the sale and reinvestment of shares by Will Evers, a person discharging managerial responsibilities. The transaction involved the sale of 10,480 shares and the purchase of 10,433 shares, with the total holding after transactions amounting to 407,060 shares. This activity reflects ongoing portfolio management and investment strategies within the company.

The most recent analyst rating on (GB:LMP) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on LondonMetric Property stock, see the GB:LMP Stock Forecast page.

LondonMetric Property to Announce Half-Year Results in November

LondonMetric Property PLC has announced that it will release its half-year results for the period ending September 30, 2025, on November 20, 2025. The announcement will be accompanied by an in-person presentation for analysts and a live webcast, providing stakeholders with insights into the company’s performance and strategic direction.

The most recent analyst rating on (GB:LMP) stock is a Buy with a £215.00 price target. To see the full list of analyst forecasts on LondonMetric Property stock, see the GB:LMP Stock Forecast page.