Added to YB: 2025-12-08
Pitch date: 2025-12-05
UTG.L [bullish]
Unite Group PLC
-0.38%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Unite Students is the UK's largest owner, manager and developer of purpose-built student accommodation (PBSA) serving the country's world-leading higher education sector.
Market Cap
GBP 2.5B
Pitch Price
GBP 5.26
Price Target
10.14 (+93%)
Dividend
7.35%
EV/EBITDA
17.49
P/E
7.21
EV/Sales
10.64
Sector
Residential REITs
Category
value
PBSA Unite! Or PBSA trite?
UTG.L: Trading 50% below NAV at £5.16/share vs £10+ book value. 7.5% yield + 4-5% annual capital growth = ~11% total return. Strong occupancy recovery to 95.2%, disposals at book value prove valuations solid. £925 int'l student levy overstated risk. ESP merger adds synergies.
Read full article (9 min)