Added to YB: 2026-04-14
Pitch date: 2026-04-11
UTG.L [bullish]
Unite Group PLC
-0.17%
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 Group PLC is the UK's largest owner, manager and developer. It is purpose-built student accommodation (PBSA) serving the country's world-leading higher education sector.
Market Cap
GBP 2.4B
Pitch Price
GBP 4.62
Price Target
N/A
Dividend
8.17%
EV/EBITDA
16.59
P/E
23.20
EV/Sales
9.63
Sector
Residential REITs
Category
value
If it's UTG you then you're getting stronger
UTG.L: Analysts cut PT to 600p+ on yield softening, but author sees moat from 4-5yr PBSA build times & HMO competition removal via Renter's Rights Act 2026. Reservations gap narrowed 68%→74% vs 76% YoY (ex-Empiric -0.5% underlying). Plans £500M low-tariff disposals + buybacks = 20% shares retired, NAV boost £1.40 to £11.63. CIP spend offsets disposal rent loss; 2028+ pipeline adds £47M rent at 8%+ yield. Trading 65% below UK avg, 70-85% below replacement cost. 12% rental yield at 460p + 20% capex growth potential.
Read full article (5 min)