- Investing.com
Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods. Our assets are high profile and play an important role in our communities, welcoming c. 175 million visitors each year and supporting 20,000+ jobs though our retail, dining and social occupiers. These destinations include Bullring in Birmingham, The Oracle in Reading, Dundrum Estate, Dublin and Terraces du Port in Marseille. We also hold investments in Value Retail, best-in-class villages such as Bicester Village, Oxfordshire. Hammerson also holds 80 acres of attractive pre-development and strategic land. This includes complementary adjacent land, creating optionality to enhance both the scale and diversity of the existing estate, and stand-alone land opportunities. These include Martineau Galleries in Birmingham and Bishopsgate Goodsyard, Shoreditch.
Metrics to compare | HMSOl | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipHMSOlPeersSector | |
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P/E Ratio | −34.4x | 11.9x | 7.5x | |
PEG Ratio | 0.21 | 0.07 | 0.01 | |
Price/Book | 0.8x | 0.8x | 0.9x | |
Price / LTM Sales | 6.3x | 7.2x | 4.0x | |
Upside (Analyst Target) | - | 22.2% | 15.3% | |
Fair Value Upside | Unlock | −12.6% | 0.4% | Unlock |