The Unite Group plc
Unite Students is the UK's largest owner, manager and developer of purpose-built student accommodation serving the country's world-leading higher education sector. Following our successful £1.4bn acquisition of Liberty Living's UK assets in November 2019, we now provide homes to c. 75,000 students across 175 properties in 27 leading university towns and cities. Our people are driven by a common purpose: to provide the students who live with us a 'Home for Success' and to be the most trusted brand in the sector. We do this through quality service, quality people and quality properties, all designed on the basis of an excellent insight into students' needs and preferences. Unite's accommodation is high quality, safe and secure, and located where students want to live. Students live predominantly in en-suite study bedrooms with rents covering all bills, insurance, 24-hour security and high-speed Wi-Fi. MyUnite, our mobile app, provides practical support such as instant messaging and maintenance requests. Our commitment to customer service is powered by an innovative, in-house operating platform. It provides a wide range of benefits to our students, such as an optimised online booking process, as well as providing us with a unique ability to drive value from our portfolio through scale efficiencies and revenue management. Alongside delivering quality service, our other strategic priority is delivering growing and sustainable earnings, underpinned by a strong capital structure. A key part of this strategy is growing the number of beds let through partnerships with mid and high tariff universities which are experiencing record levels of student demand. We currently partner with some 50 universities across the UK, guaranteeing that approximately 60% of our rooms are let under 'nomination agreements' providing high visibility of forward occupancy and rental growth. Unite is invested in and operates two specialist funds and joint ventures with institutional investment partners: the £3 billion Unite UK Student Accommodation Fund (USAF), and the £1 billion London Student Accommodation Vehicle (LSAV). Unite is the founder of and major donor to the Unite Foundation, a charitable trust established to support talented students facing challenging financial circumstances through the provision of free accommodation annual scholarships. The Foundation has so far provided scholarships for 434 young people working in close collaboration with 27 partner universities. Founded in 1991 in Bristol, Unite Group is an award-winning Real Estate Investment Trust (REIT), listed on the London Stock Exchange and a member of the FTSE 250 Index. Show More...
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Website http://www.unite-group.co.uk
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Sector Real Estate
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Industry REIT-Diversified
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Last Quote 10.00 EUR
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share GBP 0.12 0.010 0.78 0.46 0.52 1.5 0.94 0.94 0.91 -0.32 -0.32 Dividends GBP 0.010 0.02 0.05 0.05 0.14 0.15 0.19 0.24 0.3 0.3 Payout Ratio % * 16.1 5.3 10.7 9.2 14.4 20.9 20.5 32.2 Shares Mil 160.0 160.0 160.0 170.0 196.0 234.0 240.0 238.0 260.0 284.0 284.0 Book Value Per Share * EUR 2.72 2.99 3.18 4.08 5.0 6.99 7.03 7.47 8.38 6.97 9.4 Free Cash Flow Per Share * EUR 0.59 -0.09 -0.68 0.31 -0.36 0.45 -0.49 -0.33 -0.56 -0.65 Return on Assets % 2.21 0.23 11.64 6.38 7.5 20.8 11.15 9.8 8.93 -2.27 -2.27 Financial Leverage (Average) 2.2 2.55 2.27 1.95 1.73 1.51 1.44 1.41 1.37 1.63 1.63 Return on Equity % 5.2 0.54 27.81 13.34 13.72 33.24 16.43 13.93 12.4 -3.47 -3.47 Return on Invested Capital % 3.99 1.09 14.56 7.31 9.89 24.16 13.09 11.44 10.13 -1.76 -1.76 Interest Coverage 2.75 1.54 8.89 4.99 5.88 18.19 10.64 14.26 18.19 -2.07 -2.07 Current Ratio 5.38 3.33 0.85 1.35 1.37 0.76 0.97 0.88 1.49 0.73 0.73 Quick Ratio 1.05 0.32 0.7 0.8 0.73 0.74 0.95 0.85 1.42 0.7 0.7 Debt/Equity 0.92 1.09 0.83 0.74 0.57 0.35 0.33 0.3 0.29 0.54 0.54