Schroder Real Estate Investment Trust Ltd (SREI) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Schroder Real Estate Investment Trust Ltd stock £0.35, price £0.43, that is 18.6% below the price, quality 61 out of 100. Rating: overvalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range £0.3052 – £0.5442 · fair‑value band £0.1700 – £0.4900 · the £0.4300 price screens above the £0.3500 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Schroder Real Estate Investment Trust Limited as of 30 June 2025, the underlying portfolio comprised 37 properties valued at 481.6 million pounds.
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It generated annual rent of 29.0 million pounds, reflecting a net initial yield of 5.6% (MSCI Benchmark: 5.1%). Note that the University of Law, the tenant at Store Street in Bloomsbury, is in a 10-month rent free period ending on 16 October 2025.
Adding back the Company's share of its annual rent, being 2,359,885 pounds would result in a net initial yield of 6.1%. The portfolio's ERV is 40.2 pounds million, reflecting a reversionary yield of 8.3% (MSCI Benchmark: 6.2%). Including the impact of the exchange of unconditional contracts to sell Pacific House in Marlow with vacant possession, the portfolio void rate has improved to 12.2% as at today (31 March 2025 12.3%), calculated as a percentage of ERV. In addition a further 2.3% of this void is currently under offer and in advanced legal negotiations; a further 2.9% is undergoing refurbishment including major sustainability improvement works at Millshaw Park Industrial Estate in Leeds (representing 1.7%) and St Ann's House in Manchester (representing 0.6%), both visited by shareholders and analysts on the Asset Tour in June and expected to generate material increases in rent compared to the previous passing level on completion.
The weighted average unexpired lease term, assuming all tenants vacate at the earliest opportunity, is 5.2 years. Schroder Real Estate Investment Trust Limited was incorporated in United Kingdom.
Stock analysis
Schroder Real Estate Investment Trust Ltd (SREI) currently trades at £0.4300, while our model-based Fair Value estimate is £0.3500, 19% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of £0.3500 per share, and 1 of the 13 models we run sit above the £0.4300 price.
Bear case: the Asset-Based group reads lowest at £0.2100, and 12 of the 13 models stay below the price. Data coverage for this calculation is low.
Scenario range: £0.1700 (bear) to £0.4900 (bull), the price of £0.4300 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Real Estate sector.
Mixed Growth: Spin-off in 2019: revenue and profit before it include the divested business. Growth is measured afresh from 2019.
Schroder Real Estate Investment Trust Ltd reported revenue of £29.6M in FY2026 versus £93.7M in FY2022, a compound −25.0%/yr. Reported net income was £14.1M in FY2026, compounding −37.0%/yr from FY2022.
Key figures
Market cap £407M Small · P/E ratio 14.3 · P/S ratio 6.72 · EPS (TTM) £0.0300 · Dividend yield 8.4% · Net margin 45.2% · Return on equity 4.7% · Return on assets (EBIT) 2.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 63 out of 100 (low confidence).
What moves the price
The share trades about 21% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −7% fair-value upside, at −19%, SREI screens richer than that median.
Fair Value models
Bear£0.1700Fair Value £0.3500Bull£0.4900
Price £0.4300 · Downside -18.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2019: revenue and profit before it include the divested business. Growth is measured afresh from 2019.
Revenue growth 1 year
−19.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+24.3%
Start year 2021 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.3%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−12.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−21.3%
Dividend (yield on the price)8.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−21.3% vs −8.5%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.3% → 67%
Pace: the 5-year rate starts in 2021 (pandemic)
⚠ Revenue per share shrinking 2.8%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+19.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +16.4% a year for the price.
News mood ⓘNews mood, the average tone of recent news (22 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Compare Schroder Real Estate Investment Trust Ltd with another stock
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Diversified · 138 stocks
Beats the industry median on 4/14 measures
Overall it trails its industry peers.
Valuation
Quality Score61 · Above median
Fair Value upside−18.6% · Below median
Profitability
Return on equity (12 months)4.7% · Below median
Return on assets2.8% · Below median
Net margin (12 months)45.2% · Above median
Operating margin (12 months)77.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−0.5% · Below median
Dividend yield (12 months)8.4% · Top 25%
Balance sheet
Debt / equity0.52× · Above median
Valuation Multiplesvs REIT - Diversified median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Schroder Real Estate Investment Trust Ltd Fair Value". https://www.fairvalue-calculator.com/stock/SREI
Frequently asked questions
Is Schroder Real Estate Investment Trust Ltd (SREI) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of £0.3500 versus a price of £0.4300, about 19% lower (overvalued).
What is the fair value of SREI?
Our model-based fair value for Schroder Real Estate Investment Trust Ltd is £0.3500 (as of Nov 5, 2026), built from audited fundamentals. The current price: £0.4300.
What is the quality score of SREI?
Schroder Real Estate Investment Trust Ltd has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Schroder Real Estate Investment Trust Ltd (SREI)?
Our model-based price target is the fair value of £0.3500 (as of Nov 5, 2026) from 13 valuation models. Cautious scenario £0.1700, optimistic scenario £0.4900. It is a calculation from audited fundamentals, not an analyst target.
What is the Schroder Real Estate Investment Trust Ltd stock forecast for 2026?
Our models put fair value at £0.3500, about 19% lower versus a price of £0.4300 (overvalued). Cautious scenario £0.1700, optimistic scenario £0.4900. The calculation is refreshed regularly with new filings.
What is the revenue of Schroder Real Estate Investment Trust Ltd (SREI)?
Schroder Real Estate Investment Trust Ltd reported trailing-twelve-month revenue of about £31.1M (latest available figure, as of Nov 5, 2026).
Does Schroder Real Estate Investment Trust Ltd pay a dividend?
Schroder Real Estate Investment Trust Ltd currently shows a dividend yield of 8.37% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Schroder Real Estate Investment Trust Ltd (SREI) and when is the ex-dividend date?
Schroder Real Estate Investment Trust Ltd pays a dividend of £0.036 per share a year, a dividend yield of 8.4%. The last ex-dividend date was Aug 20, 2026. A dividend has been paid every year since at least 2004. The payout ratio is 120% of earnings. Free cash flow covers the dividend 0.49 times. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What growth is priced into Schroder Real Estate Investment Trust Ltd (SREI)?
For today's price to be fair in a discounted-cash-flow model, Schroder Real Estate Investment Trust Ltd would have to grow free cash flow by +19.1 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +24.3 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of SREI use?
Our models discount Schroder Real Estate Investment Trust Ltd at 10.4 %: a base by market capitalisation (small), damped by beta 0.53, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Schroder Real Estate Investment Trust Ltd that is +19.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Schroder Real Estate Investment Trust Ltd (SREI) delivered so far?
Over the past 5 years revenue at Schroder Real Estate Investment Trust Ltd grew +24.3 % a year. The price currently implies free-cash-flow growth of +19.1 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Schroder Real Estate Investment Trust Ltd (SREI) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Schroder Real Estate Investment Trust Ltd (+19.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Schroder Real Estate Investment Trust Ltd (SREI)?
The free-cash-flow yield on the price is 7.91 %: that much free cash flow Schroder Real Estate Investment Trust Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Schroder Real Estate Investment Trust Ltd (SREI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Schroder Real Estate Investment Trust Ltd it is £0.3500 per share (as of Nov 5, 2026), against a price of £0.4300. It is the blended result of 13 valuation models in 6 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Schroder Real Estate Investment Trust Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, SREI trades above its calculated fair value: price £0.4300, fair value £0.3500, a gap of about −19% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SREI?
No. The price is what the market pays today (£0.4300); the fair value is what the company's own numbers justify (£0.3500). For Schroder Real Estate Investment Trust Ltd the two are £0.0800 per share apart. That gap is exactly why we show both numbers side by side.
How much is Schroder Real Estate Investment Trust Ltd worth?
The market values Schroder Real Estate Investment Trust Ltd at about £407M (market capitalisation, as of Nov 5, 2026). Per share that is £0.4300; our models calculate a fair value of £0.3500 per share.
What do the bullish and bearish scenarios say about SREI?
Our models span a range for Schroder Real Estate Investment Trust Ltd: cautious scenario £0.1700, base £0.3500, optimistic £0.4900 per share (as of Nov 5, 2026, price £0.4300). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SREI?
Schroder Real Estate Investment Trust Ltd trades at a price-to-earnings ratio of 14.3 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £0.3500 is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2017 to 2026), reported earnings: 15.3. Other multiples: P/B 1.4, P/S 13.1, EV/EBITDA 26.5.
How solid is the balance sheet of Schroder Real Estate Investment Trust Ltd (SREI)?
Balance-sheet figures for Schroder Real Estate Investment Trust Ltd (as of Nov 5, 2026): return on equity 4.7%, debt of 0.52 per unit of equity. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is SREI from its 52-week high?
Schroder Real Estate Investment Trust Ltd trades at £0.4300, about 21% below its 52-week high of £0.5442 and 9% above the low of £0.3960 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of £0.3500 is for.
Which stocks are comparable to Schroder Real Estate Investment Trust Ltd?
From the same area (Real Estate) we also value Goodman Group, VICI Properties Inc, W. P. Carey Inc, Stockland, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Schroder Real Estate Investment Trust Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price £0.4300, calculated fair value £0.3500 (−19%), Quality Score 61/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SREI calculated?
We run Schroder Real Estate Investment Trust Ltd through 13 models from 6 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of £0.3500 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Schroder Real Estate Investment Trust Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Schroder Real Estate Investment Trust Ltd (SREI)?
The closing price on Nov 6, 2026 was £0.4300. Our model-based fair value is £0.3500, about 19% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Schroder Real Estate Investment Trust Ltd right now?
The model range is unusually wide (£0.1700 to £0.4900). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Schroder Real Estate Investment Trust Ltd (SREI) come from?
Earnings per share at Schroder Real Estate Investment Trust Ltd grew +0.7 % a year from 2014 to 2024. Broken into its drivers: revenue per share +0.2 %, EBIT margin −1.9 %, tax rate −8.6 %, residual (interest, one-offs) +12.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Schroder Real Estate Investment Trust Ltd
How large is the market capitalisation of Schroder Real Estate Investment Trust Ltd (SREI)?
The market capitalisation of Schroder Real Estate Investment Trust Ltd is £407M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Schroder Real Estate Investment Trust Ltd (SREI)?
The price-to-sales ratio of Schroder Real Estate Investment Trust Ltd is 6.72 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Schroder Real Estate Investment Trust Ltd (SREI)?
Earnings per share at Schroder Real Estate Investment Trust Ltd are £0.0300 (price ÷ EPS = P/E 14.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Schroder Real Estate Investment Trust Ltd (SREI)?
The dividend yield of Schroder Real Estate Investment Trust Ltd is 8.4% (payout 120%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Schroder Real Estate Investment Trust Ltd (SREI)?
The net margin of Schroder Real Estate Investment Trust Ltd is 45.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Schroder Real Estate Investment Trust Ltd (SREI)?
The return on equity (ROE) of Schroder Real Estate Investment Trust Ltd is 4.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Schroder Real Estate Investment Trust Ltd (SREI)?
On an EBIT basis the return on assets of Schroder Real Estate Investment Trust Ltd is 2.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Schroder Real Estate Investment Trust Ltd (SREI)?
The operating margin of Schroder Real Estate Investment Trust Ltd is 77.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Schroder Real Estate Investment Trust Ltd (SREI)?
Revenue at Schroder Real Estate Investment Trust Ltd is growing −0.5% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Schroder Real Estate Investment Trust Ltd (SREI)?
Earnings per share at Schroder Real Estate Investment Trust Ltd are growing −80.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Schroder Real Estate Investment Trust Ltd (SREI) carry?
The net debt of Schroder Real Estate Investment Trust Ltd is £176M (fiscal year 2026, ≈ 10.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 5, 2026