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Primary Health Properties PLC (PHPRF)

USD1.25 +0.00 (+0.00%)
GB OTC Real Estate REIT - Healthcare Facilities
Address Greener House SW1Y 4RF
London, GB
CEO Mark Anthony Philip Davies
IPO 2020-02-18
ISIN GB00BYRJ5J14

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Also trades on London Stock Exchange · PHP.L (GBp) Other OTC · PHPRF (USD)
Description

Primary Health Properties (PHP) holds the position of the premier investor in modern healthcare facilities throughout the UK and Ireland. Structured as a UK-based Real Estate Investment Trust (REIT), its central aim is to generate increasing shareholder returns by combining consistent earnings growth with capital appreciation. PHP accomplishes this by acquiring healthcare real estate assets that are subject to extensive lease agreements, underpinned by strong covenants primarily funded by governmental organizations. The Group's significant property collection features over 480 primary healthcare locations, including both existing and planned sites, largely consisting of general practitioner surgeries, but also encompassing premises leased to NHS entities, pharmacies, and dental practices.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD1.25 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
501
Beta
0.79
Float Shares
1.31B
Free Float %
98.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +10.08% +21.30% -9.66% +2.34% +3.15% +3.15% -2.24% -37.32% -65.71% -78.09%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (2 ratings, all time) Buy
Price Targets & DCF
Current price
1.25
DCF (Unlevered) 0.99 -20.8%
DCF (Levered) 3.84 +207.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
0.54
Distress
Piotroski F-Score
6 / 9
Average
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
  • Revenue growth
    +176.1% Q4'25: +95.6% (vs Q4'23)
  • EPS growth
    +112.9% Q4'25: +576.1% (vs Q4'23)
  • FCF margin
    Q4'25: +0.0% (vs Q4'23)
  • EBIT margin
    Q4'25: +69.7% (vs Q4'23)
  • ROIC
    Q4'25: +8.0% (vs Q4'23)
  • Share dilution
    +80.7% Q4'25: +60.0% (vs Q4'23)
  • Debt / EBITDA
    15.98× Q4'25: 7.01× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.79) × ERP
WACC = 42% × Ke + 58% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 0.99 Current price: 1.25
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
7 Rev. Ana.
1 EPS Ana.
Dec 2027
7 Rev. Ana.
1 EPS Ana.
Dec 2028
4 Rev. Ana.
1 EPS Ana.
Dec 2029
3 Rev. Ana.
1 EPS Ana.
Dec 2030
6 Rev. Ana.
1 EPS Ana.
Revenue
62.60M
est: 62.21M (+0.6%)
48.79M
est: 71.74M (-32.0%)
97.40M
est: 73.02M (+33.4%)
84.10M
est: 71.75M (+17.2%)
-46.50M
est: 117.95M (-139.4%)
139.00M
est: 129.64M (+7.2%)
145.60M
est: 138.15M (+5.4%)
154.10M
est: 141.77M (+8.7%)
169.80M
est: 151.56M (+12.0%)
93.80M
est: 156.98M (-40.2%)
258.96M
est: 209.98M (+23.3%)
334.09M
317.34M – 374.27M
+59.1% YoY
326.02M
307.26M – 363.78M
-2.4% YoY
328.33M
310.67M – 367.10M
+0.7% YoY
323.29M
305.91M – 361.47M
-1.5% YoY
328.82M
311.14M – 367.65M
+1.7% YoY
EBITDA
est: 29.25M (-100.0%)
est: 33.73M (-100.0%)
est: 34.33M (-100.0%)
est: 33.74M (-100.0%)
-90.13M
est: 55.46M (-262.5%)
118.00M
est: 60.95M (+93.6%)
126.44M
est: 64.95M (+94.7%)
97.63M
est: 66.66M (+46.5%)
est: 71.26M (-100.0%)
est: 72.25M (-100.0%)
206.97M
est: 96.64M (+114.2%)
153.76M
146.05M – 172.25M
+59.1% YoY
150.04M
141.41M – 167.42M
-2.4% YoY
151.11M
142.98M – 168.95M
+0.7% YoY
148.79M
140.79M – 166.36M
-1.5% YoY
151.33M
143.19M – 169.20M
+1.7% YoY
EBIT
55.46M
est: 29.02M (+91.1%)
59.30M
est: 33.47M (+77.2%)
62.60M
est: 34.07M (+83.8%)
66.50M
est: 33.48M (+98.6%)
-90.30M
est: 55.03M (-264.1%)
118.00M
est: 60.49M (+95.1%)
126.20M
est: 64.45M (+95.8%)
97.40M
est: 66.15M (+47.2%)
-900.0K
est: 70.71M (-101.3%)
-900.0K
est: 71.56M (-101.3%)
206.97M
est: 95.72M (+116.2%)
152.30M
144.66M – 170.61M
+59.1% YoY
148.62M
140.07M – 165.83M
-2.4% YoY
149.67M
141.62M – 167.34M
+0.7% YoY
147.38M
139.45M – 164.78M
-1.5% YoY
149.90M
141.83M – 167.60M
+1.7% YoY
Net Income
56.03M
est: 62.37M (-10.2%)
43.70M
est: 69.83M (-37.4%)
91.90M
est: 71.07M (+29.3%)
74.30M
est: 67.14M (+10.7%)
-71.30M
est: 78.24M (-191.1%)
112.00M
est: 77.69M (+44.2%)
140.10M
est: 82.50M (+69.8%)
56.30M
est: 86.87M (-35.2%)
27.30M
est: 92.08M (-70.4%)
41.40M
est: 166.75M (-75.2%)
118.98M
est: 174.79M (-31.9%)
177.14M
164.76M – 204.34M
+1.3% YoY
183.75M
170.90M – 211.95M
+3.7% YoY
188.96M
175.74M – 217.96M
+2.8% YoY
189.34M
176.10M – 218.40M
+0.2% YoY
192.13M
178.70M – 221.63M
+1.5% YoY
SGA
1.51M
est: 2.50M (-39.5%)
1.55M
est: 2.88M (-46.2%)
2.00M
est: 2.93M (-31.8%)
900.0K
est: 2.88M (-68.8%)
2.20M
est: 4.74M (-53.6%)
2.50M
est: 5.21M (-52.0%)
4.20M
est: 5.55M (-24.3%)
4.20M
est: 5.70M (-26.3%)
12.30M
est: 6.09M (+102.0%)
5.10M
est: 6.59M (-22.6%)
7.00M
est: 8.82M (-20.6%)
14.03M
13.32M – 15.71M
+59.1% YoY
13.69M
12.90M – 15.27M
-2.4% YoY
13.79M
13.04M – 15.41M
+0.7% YoY
13.57M
12.84M – 15.18M
-1.5% YoY
13.81M
13.06M – 15.44M
+1.7% YoY
EPS
0.13
est: 0.05 (+178.6%)
0.08
est: 0.05 (+49.3%)
0.15
est: 0.05 (+182.1%)
0.10
est: 0.05 (+99.1%)
-0.07
est: 0.06 (-211.5%)
0.09
est: 0.06 (+51.4%)
0.11
est: 0.06 (+78.2%)
0.04
est: 0.07 (-35.4%)
0.02
est: 0.07 (-71.0%)
0.03
est: 0.07 (-55.1%)
0.07
est: 0.07 (-8.8%)
0.07
0.07 – 0.08
+1.3% YoY
0.08
0.07 – 0.09
+3.7% YoY
0.08
0.07 – 0.09
+2.8% YoY
0.08
0.07 – 0.09
+0.2% YoY
0.08
0.07 – 0.09
+1.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-27 B 3/5 5/5 3/5 3/5 2/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-200.59M
OE per share TTM
-0.40
Owner's Yield
-5.63%
Maintenance CapEx ratio
1,086.07%
Maint CapEx / Avg PPE
847.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.38M
Shares Outstanding
1.34B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Mark Anthony Philip Davies Chief Executive Officer & Director 2M male
Richard Howell Chief Financial Officer & Director 1M male
Philip Higgins Secretary male
Sarah Taylor Chief People Officer female
Steven Noble Chief Investment Officer male
Toby Newman Chief Legal Officer male
David Austin Director of Asset, Property & Facilities Management male
Tony Coke Director of Development male
David Purcell Director of Investor Relations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits