Added to YB: 2026-07-22
Pitch date: 2026-07-20
UTG.L [neutral]
Unite Group PLC
+0.74%
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 of purpose-built student accommodation (PBSA) serving the country's world-leading higher education sector.
Market Cap
GBP 2.8B
Pitch Price
GBP 5.42
Price Target
N/A
Dividend
7.01%
EV/EBITDA
18.00
P/E
27.01
EV/Sales
10.44
Sector
Residential REITs
Category
growth
OB 24,25,26 update 19th July - Unite Group PLC
UTG.L (update): PBSA operator on track to guidance. Rising 10yr bond yields cut valuation via discount rate but widen moat—prohibitively costly for rivals to build. Cash-generative, low leverage. Direct lets +25% YoY, occupancy 94-96%. Empiric acquisition (87%+ occ) seen smart long-term.
Read full article (1 min)