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← CockpitCompetitor Analysis › UTG.L UNITE Group plcOpen in the cockpit ↗

UNITE Group plcUTG.LCompetitor analysis, valuation and peers

United Kingdom · GBP·Real Estate›Real Estate Development

UK's largest provider of purpose-built student accommodation, developing and operating housing near university campuses.

≈ A UK American Campus Communities peerMomentum neutral 52
Mkt cap
$3.41B
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$9.68M
20-day average traded
Fwd P/E
11.9×
forward earnings
ROIC−WACC
n/a
WACC 8.3%
Hurdle
n/a
no reverse DCF
Next earnings
116 days
2 Mar 2027
Close · GBP£493.40
1D-1.1%
1W+3.6%
1M+17.5%
3M-6.4%
6M+5.2%
YTD-11.8%
1Y-12.4%
ATR %2.3%
52w lowhigh17.6% off high

What UNITE does

UK's largest provider of purpose-built student accommodation, developing and operating housing near university campuses.

Rooms are mostly let on tenancies for the academic year, often booked well before term starts, so income depends on rooms let and the rate for that year; some are reserved through nominations agreements with universities. As a UK real estate investment trust it passes much of its rental income on as dividends.

In one line: A UK American Campus Communities peer.

Products and services

  • Owned student accommodation (rental)
  • Development pipeline (new PBSA)
  • Third-party managed accommodation

Customers

  • University students
  • University partnerships (nominations agreements)

Where it sits in the supply chain

  • Real Estate
  • Purpose-built student accommodation
  • Development & operation of student…

What could go right

  • Rising UK/international student enrollment
  • Structural student housing undersupply

What could go wrong

  • Interest rate sensitivity (REIT structure)
  • UK international student visa policy risk

Moat: narrow (scale, installed base, brand). Largest UK PBSA portfolio and university partnerships give scale in a supply-constrained market.

Headquarters: Bristol, UK · Founded: 1991 · Employees: 1,997

Named competitors

  • Empiric Student Property private or unlisted

UNITE at a glance

Size UNITE (UTG.L) is a United Kingdom Real Estate company (Real Estate Development) with a market value of $3.41B, the 121st largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £493.40 on 6 Nov 2026.

Performance Over six months the shares gained 5.2%, against -7.1% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 12.0% over the last twelve months (peer median +3.5%); the operating margin is 46.1% (peer median 20.2%).

Valuation It trades at 11.9× forward earnings against a peer median of 19.5× (5th cheapest of 16).

Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026UTG.L 104Peer median 95
Six months, rebased to 100: UNITE against the median of its 20 peers (local-currency closes).

UNITE financials

Reported figures in GBP; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue£360M£333M£299M£276M£259M
Revenue growth—+11%+8%+6%—
Gross profit£245M£229M£207M£193M£181M
EBITDA£174M£165M£174M£147M£230M
Net income-£506M£97.6M£442M£102M£350M
Free cash flow-£178M-£92.1M£223M£142M£148M
Capital expenditure£350M£255M£7.60M£2.70M£3.60M
Total debtn/a£1.33B£1.35B£1.17B£1.36B

Quarterly statements and history in the cockpit →

UNITE competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%-10%0%+10%+20%PNDX-B0683HGV600007CWK600208VTMXMOBNU06600095ALLNJOEMRP096026021908TQ5600641601155000029UTG.L6-month return →1-month return →
Up and to the right = strong over both horizons. UNITE is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%20×40×PNDX-B0683HGV600007CWK600208VTMXMOBN600095ALLNMRP1908TQ5601155UTG.LRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. UNITE is the large dot.

UNITE competitors and peer comparison

How UNITE compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

UNITE against its 20 peers (data as of 6 Nov 2026)
MeasureUTG.LPeer medianRank in peer set
1-month return+17.5%+3.8%3rd highest of 21
6-month return+5.2%-7.1%5th highest of 21
Distance from 52-week high-17.6%-22.7%6th highest of 21
Revenue growth (TTM)+12.0%+3.5%7th highest of 21
Operating margin46.1%20.2%4th highest of 21
Forward P/E11.9×19.5×5th cheapest of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
UNITE UTG.LUnited Kingdom$3.41B+5%+12%46%11.9×n/an/a
Pandox PNDX-B.STSweden$3.43B-1%+15%58%14.6×n/an/a
Kerry Properties 0683.HKHong Kong$3.47B-26%-22%24%14.2×n/an/a
Hilton Grand Vacations HGVUnited States$3.33B-10%+19%17%9.4×n/an/a
China World Trade Center 600007.SSChina$3.31B+4%-4%42%18.6×n/an/a
Cushman & Wakefield CWKUnited States$3.28B-2%+10%4%8.8×n/an/a
Quzhou Xin'an Development 600208.SSChina$3.25B-43%-4%-17%52.0×n/an/a
Corporacion Inmobiliaria Vesta S.A.B. de C.V. Sponsored ADR VTMXUnited States$3.62B+6%+18%76%19.5×n/an/a
Mobimo MOBN.SWSwitzerland$3.17B-1%+15%42%26.9×n/an/a
Singapore Land U06.SISingapore$3.08B-25%+4%36%n/an/an/a
Xiangcai 600095.SSChina$3.07B-19%-3%12%26.5×n/an/a
Allreal ALLN.SWSwitzerland$3.89B-8%+3%41%24.0×n/an/a
St. Joe JOEUnited States$3.96B+6%+11%32%n/an/an/a
Millrose Properties MRPUnited States$4.00B-4%+93%85%7.9×n/an/a
Longfor 0960.HKHong Kong$4.05B-47%-42%1%n/an/an/a
Onewo 2602.HKHong Kong$2.84B+6%+8%3%20.6×n/an/a
C&D International Investment 1908.HKHong Kong$4.11B-15%-15%7%8.2×n/an/a
Frasers Property TQ5.SISingapore$2.80B-20%-21%29%26.8×n/an/a
Shanghai Vital Deeptech 600641.SSChina$4.20B+14%+94%-27%n/an/an/a
Seazen 601155.SSChina$4.23B-15%-39%14%31.9×n/an/a
Shenzhen Special Economic Zone Real Estate and Properties (Group) 000029.SZChina$2.73B-6%-24%14%n/an/an/a

Questions

Who are UNITE's main competitors?
Named competitors: Empiric Student Property (private or unlisted). The cockpit's measured peer set (industry) also includes Pandox (PNDX-B.ST), Kerry Properties (0683.HK), Hilton Grand Vacations (HGV), China World Trade Center (600007.SS), Cushman & Wakefield (CWK), Quzhou Xin'an Development (600208.SS).
Is UNITE expensive compared with its peers?
On forward p/e it trades at 11.9× against a peer median of 19.5×, 5th cheapest of 16 in its peer set.
How has UNITE stock performed?
Over six months to 6 Nov 2026 the shares returned +5.2% against -7.1% for the median peer; over one year -12.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.