Compare Develop North Plc with Similar Stocks
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1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 3.47%
- Poor long term growth as Operating profit has grown by an annual rate of -1.40%
- The company has been able to generate a Return on Equity (avg) of 3.47% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Operating profit has grown by an annual rate of -1.40%
3
Positive results in May 24
4
With ROE of 2.14%, it has a fair valuation with a 1.02 Price to Book Value
5
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-1.96%
0%
-1.96%
6 Months
-3.85%
0%
-3.85%
1 Year
-3.85%
0%
-3.85%
2 Years
-3.85%
0%
-3.85%
3 Years
-7.98%
0%
-7.98%
4 Years
-12.79%
0%
-12.79%
5 Years
-12.79%
0%
-12.79%
Develop North Plc for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
0.42%
EBIT Growth (5y)
-1.40%
EBIT to Interest (avg)
1.10
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.09
Tax Ratio
0
Dividend Payout Ratio
240.96%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.26%
ROE (avg)
3.47%
Valuation key factors
Factor
Value
P/E Ratio
20
Industry P/E
Price to Book Value
1.02
EV to EBIT
15.44
EV to EBITDA
15.44
EV to Capital Employed
1.02
EV to Sales
7.91
PEG Ratio
NA
Dividend Yield
548.09%
ROCE (Latest)
6.58%
ROE (Latest)
2.14%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
Bearish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
Bearish
OBV
Mildly Bearish
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Annual Results Snapshot (Consolidated) - Nov'25
Nov'25
Nov'24
Change(%)
Net Sales
2.40
2.10
14.29%
Operating Profit (PBDIT) excl Other Income
1.20
1.40
-14.29%
Interest
0.40
0.10
300.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
0.40
1.20
-66.67%
Operating Profit Margin (Excl OI)
326.50%
607.60%
-28.11%
USD in Million.
Net Sales
YoY Growth in year ended Nov 2025 is 14.29% vs 16.67% in Nov 2024
Consolidated Net Profit
YoY Growth in year ended Nov 2025 is -66.67% vs 300.00% in Nov 2024
About Develop North Plc 
Develop North Plc
Capital Markets
TOC Property Backed Lending Trust PLC is a United Kingdom-based closed-end investment company. The Company’s investment objective is to provide shareholders with a consistent and stable income and the potential for an attractive total return over the medium to long term while managing downside risk through a diversified portfolio of fixed rate loans predominantly secured over land and/or property in the United Kingdom, and in many cases, receiving the benefit of an associated profit share usually obtained by acquiring (at nil cost) a minority equity stake in the relevant borrower project development vehicle. Tier One Capital Limited is the investment advisor of the Company.
Company Coordinates 
Company Details
Keel House, Garth Heads , NEWCASTLE UPON TYNE None : NE1 2JE
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