SECURE PROPERTY Development & Investment (SPDI) AI Stock Analysis

SECURE PROPERTY Development & Investment

(LSE:SPDI)

Select Model

Rating:38Underperform

Price Target:GBX 0.38▼(-6.00% Downside)

Action:downgraded

Date:10/31/26

Weak financial performance with declining revenue, losses, and negative cash flows is the primary driver of the low score, followed by bearish technical indicators and unfavorable valuation metrics.

Positive Factors

Manageable LeverageLeverage remains below a level that indicates the company is not overly debt-loaded, preserving some financial flexibility. This gives management more room to address operational weakness, refinance obligations, or fund selected property opportunities than a highly leveraged balance sheet would allow.

Negative Factors

Severe Revenue ContractionThe continuing decline in revenue, culminating in a steep 2025 contraction, signals weakening business activity and reduces the scale over which fixed costs can be absorbed. Persistent top-line deterioration can impair profitability, limit reinvestment, and weaken the company’s competitive position.

SECURE PROPERTY Development & Investment (SPDI) vs. iShares MSCI United Kingdom ETF (EWC)

Market Cap: GBP 516.77K
Dividend Yield: ―
Average Volume (3M): 96.88K
Price to Earnings (P/E): -0.1
Beta (1Y): -1.03
Revenue Growth: -95.12%
EPS Growth: -268.35%
Country: UK
Employees: 2
Sector: Real Estate
Sector Strength: 65
Industry: Real Estate - Services

SECURE PROPERTY Development & Investment Business Overview & Revenue Model

Company Description

SPDI is a London-listed real estate company primarily focused on developing and investing in emerging European markets, specifically Romania, Bulgaria, Greece, and Serbia. It boasts an expanding portfolio of high-quality commercial properties, leased...

How the Company Makes Money

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SECURE PROPERTY Development & Investment Financial Statement Overview

Summary

Financial statements reveal major weaknesses: sharp revenue decline, volatile profitability with recent large losses, eroding equity and assets, and persistent negative cash flows.

Income Statement

25Negative

Balance Sheet

20Very Negative

Cash Flow

15Very Negative

Financial statement breakdown
Breakdown	TTM	Jun 2026	Jun 2025	Dec 2023	Jun 2023	Jun 2022
Income Statement
Total Revenue	783.17K	887.36K	1.28M	1.43M	1.14M	1.05M
Gross Profit	783.17K	887.35K	972.23K	1.43M	1.14M	1.05M
EBITDA	-714.15K	-641.21K	72.68K	9.51M	-1.06M	422.31K
Net Income	-331.86K	-4.36M	-838.07K	6.48M	-1.24M	184.41K
Balance Sheet
Total Assets	14.64M	14.64M	28.12M	28.20M	30.14M	53.16M
Cash, Cash Equivalents and Short-Term Investments	8,351	8,351	1.05M	152.24K	66.57K	2.16M
Total Debt	625.55K	625.55K	1.43M	985.17K	1.42M	3.03M
Total Liabilities	13.79M	13.79M	21.83M	9.43M	16.65M	24.15M
Stockholders Equity	844.95K	844.95K	6.28M	18.66M	13.11M	23.25M
Cash Flow
Free Cash Flow	-1.60M	-1.35M	27.09K	-87.83K	-2.47M	-1.68M
Operating Cash Flow	-1.60M	-1.35M	27.09K	-87.83K	-2.47M	-1.68M
Investing Cash Flow	680.95K	366.00K	1.19M	1.11M	2.56M	5.70M
Financing Cash Flow	-116.83K	-131.84K	-546.97K	-872.13K	-2.30M	-2.33M

SECURE PROPERTY Development & Investment Technical Analysis

Technical Analysis SentimentNegative

Last Price0.40

Price Trends

50DMA0.48Negative

100DMA0.60Negative

200DMA1.06Negative

Market Momentum

MACD-0.03Positive

RSI0.57Positive

STOCH98.04Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SPDI, the sentiment is Negative. The current price of 0.40 is below the 20-day moving average (MA) of 0.44, below the 50-day MA of 0.48, and below the 200-day MA of 1.06, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 0.57 is Positive, neither overbought nor oversold. The STOCH value of 98.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SPDI.

SECURE PROPERTY Development & Investment Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

GB:SPDI against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GB:FPO	69Neutral	GBP 24.02M	8.93	5.63%	1.54%	15.45%	8.98%
Sector *	65Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GB:PNS	62Neutral	GBP 50.01M	16.66	2.55%	4.14%	-0.65%	-58.16%
GB:GR1T	52Neutral	GBP 30.58M	-0.48	-27.53%	―	―	―
GB:DCI	49Neutral	GBP 42.97M	-25.53	-1.75%	―	―	―
GB:FLK	43Neutral	GBP 3.23M	3150.00	0.02%	7.14%	-10.04%	-99.33%
GB:SPDI	38Underperform	GBP 516.77K	-0.14	-580.57%	―	-95.12%	-268.35%

* Real Estate Sector Average

Performance Comparison

GB:SPDI and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
GB:SPDI	SECURE PROPERTY Development & Investment	0.40	-1.35	-77.14%
GB:DCI	Dolphin Capital Investors	4.75	-0.41	-7.95%
GB:FPO	First Property	16.25	1.04	6.82%
GB:FLK	Fletcher King	31.50	5.82	22.64%
GB:PNS	Panther Securities	290.00	7.19	2.54%
GB:GR1T	Grit Real Estate Income Group Limited	6.15	0.70	12.84%

SECURE PROPERTY Development & Investment Corporate Events

Business Operations and StrategyFinancial Disclosures

SPDI Interim Results Highlight Shift From Property Assets to Shell Monetization

Neutral

Sep 30, 2026

Secure Property Development & Investment PLC reported interim results that reflect its transformation into an asset-free entity after selling remaining real estate holdings and contributing assets to Arcona Property Fund NV. The company spent the...

Business Operations and StrategyPrivate Placements and Financing

SPDI Extends AdvEn Loans and Clears Related-Party Deal for Planned AIM Transaction

Positive

Aug 11, 2026

Secure Property Development & Investment PLC has extended the maturity of two secured loans to AdvEn Industries Inc. and AdvEn Inc. UK Ltd to 31 October 2026, in return for additional fees on each loan. During this extension, AdvEn is restructuri...

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 26, 2026

SECURE PROPERTY Development & Investment AI Stock Analysis