Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Operating as a real estate investment trust (REIT), Residential Secure Income plc (ReSI) focuses on providing consistent income returns. It achieves this by strategically investing in affordable residential assets, including Shared Ownership schemes. The company officially commenced trading on the London Stock Exchange's main market in July 2017, concurrently securing a place on the premium segment of the UK Listing Authority's Official List, following an initial public offering that raised £180 million.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is underpriced on P/FCF.