Unlock this StockReport nowClick to Unlock

Town Centre Securities Share Price

TOWN 202p -7.0  -3.3%
22/05/19 1.50k

Relative Strength (%)
Volume Change (%)
10d v 3m
Price vs... (%)
52w High
50d MA
200d MA
Growth & Value
Margin of Safety (beta)
Screens Passed
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 30th Jun 2013 2014 2015 2016 2017 2018 TTM 2019E 2020E CAGR / Avg
Revenue £m
Operating Profit £m
Net Profit £m
EPS Reported p
EPS Normalised p
EPS Growth %
PE Ratio x
Operating Margin %
Op. Cashflow ps p
Capex ps p
Free Cashflow ps p
Last ex-div: 23rd May, paid: 21st Jun more... Dividends
Dividend ps p
Dividend Growth %
Dividend Yield %
Dividend Cover x
Balance Sheet
Cash etc £m
Working Capital £m
Net Fixed Assets £m
Net Debt £m
Book Value £m
Average Shares m
Book Value ps p +7.5%

FINANCIAL BRIEF: For the six months ended 31 December 2018, Town Centre Securities Plc revenues increased 3% to £15.8M. Net loss totaled £8.7M vs. income of £12.4M. Revenues reflect Car Park activities segment increase of 6% to £6.2M, Property Rental segment increase of 3% to £8.2M. Net loss reflects Property Rental segment loss totaling £6.9M vs. income of £5.6M, Hotel Investments segment income decrease of 40% to £150K. more »

Health Trend
Bankruptcy Risk
  Earnings Manipulation Risk
Magic Formula Score
Other Ratios
Leverage (ttm) Total -Intang +Pension
Gross Gearing %
Net Gearing %
Cash / Assets %
Recent History
Latest interim period (ended 31st Dec '18) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
DPS Growth %

Broker Forecasts
30th Jun 2019
30th Jun 2020

Price Target: 2.80
(+38.61% above Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (p) (p) (£) (p) (p)
Consensus Estimate
1m Change
3m Change
3 brokers Broker Consensus Trend
Broker Recommendations for Town Centre Securities
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 0 0 2

Named Brokers and Analysts
Peel Hunt Matthew Saperia , Edison Investment Research Martyn King , Liberum David Brockton ,

Profile Summary

Town Centre Securities PLC (TCS) is a Leeds, Manchester, Glasgow and London based property investment and car parking operator. The Company has a portfolio around the United Kingdom which includes over 360,000 square feet of prime office space and over 900,000 square feet of retail accommodation. The Company has properties in various locations, including single asset, the Merrion Centre mixed used scheme in Leeds, Urban Exchange retail park (Manchester), Abingdon Street Market (Blackpool) and Vicar Lane (Leeds). In addition, offices within the portfolio include the Cube (Leeds), Carver's Warehouse (Manchester), Merrion House (Leeds) and Town Centre House (Leeds). The Company's properties Eider House, Brownsfield Mill, Whitehall Road and The Arena Quarter continue to experience further development and investment, with it offering car parking services through its CitiPark operation.

Directors: Edward Ziff (CHM) 57, Mark Dilley (FID) 45, Ben Ziff (EDR) 30, Lynda Shillaw (OTH) , Jeremy Collins (NED) , Paul Huberman (NED) 57, Ian Marcus (NED) 59, Michael Ziff (NED) 64,

No. of Employees: 140 No. of Shareholders: n/a

Last Annual June 30th, 2018
Last Interim December 31st, 2018
Incorporated March 17, 1959
Public Since January 3, 1986
Shares in Issue 53,161,950
Free Float 22.9m (43.1%)
Sector Financials
Industry Real Estate Operations
Index FTSE All Share , FTSE All Share Financials , FTSE Smallcap , FTSE Smallcap Ex Its ,
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

TOWN Share Price Performance TOWN Share Price Quote
-7.0  -3.3%
Traded 4:35pm · Minimum 15 min delayed · NMS: 1.50k

Latest TOWN News Announcements (delayed)

Upcoming TOWN Events
Thursday 23rd May, 2019
Dividend For TOWNT.L
Tuesday 24th September, 2019 (estimate)
Full Year 2019 Town Centre Securities PLC Earnings Release

Recent ↓
Wednesday 17th April, 2019
Dividend For 50BF.L
Tuesday 26th February, 2019
Half Year 2019 Town Centre Securities PLC Earnings Release
Thursday 6th December, 2018
Dividend For TOWNT.L
Wednesday 26th September, 2018
Full Year 2018 Town Centre Securities PLC Earnings Release
Thursday 24th May, 2018
Dividend For TOWNT.L
Friday 23rd February, 2018 (estimate)
Half Year 2018 Town Centre Securities PLC Earnings Release
Thursday 7th December, 2017
Dividend For TOWNT.L
Thursday 7th December, 2017
Dividend For TOWNT.L
Wednesday 13th September, 2017
Full Year 2017 Town Centre Securities PLC Earnings Release
Thursday 25th May, 2017
Dividend For TOWN
Thursday 23rd February, 2017
Half Year 2017 Town Centre Securities PLC Earnings Release
Thursday 1st December, 2016
Dividend For TOWN.L
Thursday 1st December, 2016
Dividend For TOWN.L
Thursday 20th October, 2016
Dividend For 50BF.L
Wednesday 14th September, 2016
Q4 2016 Town Centre Securities PLC Earnings Release
Thursday 26th May, 2016
Dividend For TCSC.L
Thursday 21st April, 2016
Dividend For 50BF.L
Thursday 3rd December, 2015
Dividend For TCSC.L
Thursday 3rd December, 2015
Dividend For TCSC.L
Thursday 22nd October, 2015
Dividend For 50BF.L

Use of our data service is subject to express Terms of Service. Please see our full site disclaimer for more details. In particular, it is very important to do your own research (DYOR) and seek professional advice before making any investment based on your own personal circumstances. Please note that the information, data and analysis contained within this stock report: (a) include the proprietary information of Stockopedia's third party licensors and Stockopedia; (b) should not be copied or redistributed except as specifically authorised; and (c) are not warranted to be complete, accurate or timely. You should independently research and verify any information that you find in this report. Stockopedia will not be liable in respect of any loss, trading or otherwise, that you may suffer arising out of such information or any reliance you may place upon it. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up. © Stockopedia 2019.

Should you buy TOWN

Access TOWN Analytics Now!

Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis