Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Schroder European Real Estate Investment Trust PLC is a closed-ended investment company focused on delivering shareholders a regular and attractive income return, alongside potential for long-term income and capital growth. It invests primarily in commercial real estate across Continental Europe, targeting high-growth 'winning cities' with strong urbanisation trends. The portfolio emphasises sectors such as office, retail, logistics, and light industrial properties, while also encompassing leisure, residential, healthcare, hotels, and student accommodation. Investments occur directly in real estate assets—both listed and unlisted—or indirectly via special purpose vehicles, partnerships, trusts, or other structures, ensuring diversification with around 44 tenants and high occupancy rates near 97%. Managed by Schroder Real Estate Investment Management Ltd under lead manager Jeff O'Dwyer, the trust maintains a robust balance sheet with low loan-to-value ratios and leases featuring inflation-linked indexation for income stability. Launched in December 2015 and domiciled in the United Kingdom, it plays a key role in providing UK investors exposure to European property markets, leveraging local expertise for asset management and sustainability enhancements.
£0.66
+£0.03 (+5.40%)
EOD Jul 3, 2026
Revenue grew 51.4%, still solid. Free cash flow declined 20% despite revenue growth, conversion is weakening.
At 46x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Free cash flow declined 20% versus the prior year, cash generation momentum has weakened.
45.6x earnings, 16.3x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€7M
▲ +51.4% YoY
Net Income (TTM)
€2M
▲ +287.7% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
€6M
▼ -20.5% YoY
Op. Cash Flow (TTM)
€6M
▼ -20.5% YoY
Net Debt
€36M
Cash & Equiv.
€28M
3Y CAGR: -39.3%
3Y CAGR: -11.0%
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At a P/E of 45.6 and a price-to-free-cash-flow of 16.3, Schroder European Real Estate Investment Trust (SERE.XLON) trades above a two-stage DCF intrinsic value of about €0.55 per share, so at €0.66 the stock looks overvalued (16.6% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Schroder European Real Estate Investment Trust scores 23/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 7.7%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €0.55 per share for SERE.XLON, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €0.42. At today's €0.66, that puts the stock about 16.6% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Schroder European Real Estate Investment Trust scores 23 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Schroder European Real Estate Investment Trust pays a regular dividend of about €0.06 per share per year (typically in quarterly installments), a yield of roughly 7.7% at the current price. That is a payout ratio of about 352.4% of earnings, so the dividend is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For SERE.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. SERE.XLON currently trades above its estimated intrinsic value and scores 23/100 on quality (lower-quality). It also yields about 7.7%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.