Primary Health Prop PLC

PHP · JSE · Real Estate / REIT - Healthcare Facilities

2,164.00ZAR+8.00 (+0.37%)

Price History

Full chart

Market Stats

Previous Close2,156.00

Open2,164.00

Day Range2,164.00 – 2,164.00

52-Week Range1,905.22 – 2,517.00

Volume2.00K

Market Cap50.16B

P/E (TTM)14.21

Forward P/E12.11

EPS1.36

Dividend Yield8.13%

Beta0.77

50-Day Avg2,075.14

200-Day Avg2,131.93

About

Primary Health Properties PLC (PHP) is a UK Real Estate Investment Trust and leading investor in modern primary healthcare premises. We invest in flexible, modern properties for local primary healthcare. The overall objective of the group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. To achieve this, PHP invests in healthcare real estate let on long-term leases, backed by secure underlying covenants where the majority of rental income is funded directly or indirectly by a government body. Primary Health Properties Plc was incorporated in 1994 in United Kingdom.

Company Details

SectorReal Estate
IndustryREIT - Healthcare Facilities
CEOMr. Mark Anthony Philip Davies A.C.A.
Employees156
Headquarters5th Floor, Burdett House, London, United Kingdom, WC2N 6DU, South Africa
Websitehttps://www.phpgroup.co.uk

Leadership

Mr. Mark Anthony Philip Davies A.C.A.CEO & Director · b. 1974
Mr. Richard Howell ACA, BA (Hons)CFO & Director · b. 1965
Mr. Steven NobleChief Investment Officer
Mr. David PurcellDirector of Investor Relations
Ms. Sarah TaylorChief People Officer · b. 1969
Mr. Philip HigginsSecretary

Financials

Income Statement

Currency: GBP	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	222.70M	85.60M	65.20M	93.00M	224.00M
Growth (%)	-	-61.56%	-23.83%	+42.64%	+140.86%
Net Income	140.10M	56.30M	27.30M	41.00M	119.00M
Net Income Margin	62.91%	65.77%	41.87%	44.09%	53.13%
Interest Expense	39.50M	40.50M	47.40M	51.00M	80.00M
Interest Expense % of Total Revenue	17.74%	47.31%	72.70%	54.84%	35.71%

Balance Sheet

Currency: GBP	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	2.85B	2.86B	2.83B	2.79B	6.04B
Total Liabilities	1.35B	1.38B	1.40B	1.42B	3.49B
Total Equity	1.50B	1.48B	1.42B	1.38B	2.55B
Cash	33.40M	29.10M	3.20M	4.00M	20.00M
Net Debt	1.24B	1.27B	1.32B	1.33B	3.27B

Cash Flow

Currency: GBP	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	140.40M	117.60M	133.60M	136.00M	179.00M
Capital Expenditure	0	0	0	0	0
Free Cash Flow	140.40M	117.60M	133.60M	136.00M	179.00M
Dividends Paid	74.40M	81.60M	89.50M	92.00M	144.00M
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	52.99%	69.39%	66.99%	67.65%	80.45%

Earnings

Report Date	Mar 25, 2027
EPS Estimate	-
EPS Actual	-
Surprise	-
Timing	After-hours

Key Statistics & Ratios

Market Cap50.16B

Enterprise Value53.49B

Trailing P/E14.21

Forward P/E12.11

Price / Sales136.68

Price / Book0.94

EPS1.36

Book Value21.75

Revenue (TTM)367.00M

Gross Profit (TTM)330.00M

EBITDA304.50M

Profit Margin43.32%

Operating Margin83.25%

Return on Equity8.05%

Return on Assets4.24%

Shares Outstanding2.60B

Shares Float2.55B

Beta0.77

Dividend Yield8.13%

Dividend Rate1.61

Payout Ratio120.83%

Dividends

20264×

39.90Oct 14, 202639.47Jul 1, 202639.47Mar 25, 202639.47Jan 28, 2026

20254×

38.39Oct 8, 202538.39Jul 2, 202538.39Mar 26, 202538.39Jan 8, 2025

20244×

37.31Oct 9, 202437.31Jul 3, 202437.31Mar 27, 202437.31Jan 10, 2024