Valuation: Develop North PLC

Market Cap 19.13M 25.27M 22.45M 20.99M 36.01M 2.43B 36.51M 254M 98.31M 1.24B 94.88M 92.83M 3.98B P/E 2024
16.8x
P/E 2025 40.6x
Enterprise Value 25.2M 33.29M 29.57M 27.65M 47.44M 3.21B 48.1M 335M 130M 1.63B 125M 122M 5.24B EV / Sales 2024
10.8x
EV / Sales 2025 16.4x
Free-Float
75.8%
Yield 2024
5.13%
Yield 2025 5.93%
1 week-1.34%
1 month-1.34%
3 months-2.65%
6 months-5.16%
Current year+8.89%
1 week 70.75
Extreme 70.75
73.8
1 month 70.75
Extreme 70.75
77
Current year 65.88
Extreme 65.88
83
1 year 63
Extreme 63
84
3 years 63
Extreme 63
88
5 years 63
Extreme 63
92
10 years 11.03
Extreme 11.03
108
Manager TitleAgeSince
Chief Executive Officer 58 25/01/2026
Director TitleAgeSince
Director/Board Member 46 17/04/2018
Director/Board Member 56 18/12/2016
Director/Board Member 73 18/12/2016
Date Insider Type Main position Quantity % Market Cap. Importance
02/04/26 Buy

Chief Executive Officer

6,094 0.0218%
02/04/26 Buy

Director

30,614 0.1094%
02/04/26 Buy

Director

5,000 0.0179%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-1.34%-4.55%-9.82% 25.27M
Average 0.00%-1.34%-4.55%-9.82% 25.27M
Weighted average by Cap. 0.00%-1.34%-4.55%-9.82%

Financials

2024 2025
Net sales 1.72M 2.27M 2.01M 1.88M 3.23M 218M 3.27M 22.77M 8.81M 111M 8.51M 8.32M 357M 1.4M 1.84M 1.64M 1.53M 2.63M 178M 2.66M 18.53M 7.17M 90.43M 6.92M 6.77M 290M
Net income 1.17M 1.55M 1.37M 1.28M 2.2M 149M 2.23M 15.53M 6.01M 75.79M 5.8M 5.68M 243M 415K 548K 487K 455K 781K 52.79M 792K 5.51M 2.13M 26.88M 2.06M 2.01M 86.35M
Net Debt -914K -1.21M -1.07M -1M -1.72M -116M -1.74M -12.13M -4.7M -59.21M -4.53M -4.44M -190M 6.07M 8.02M 7.13M 6.66M 11.43M 772M 11.59M 80.61M 31.2M 393M 30.12M 29.47M 1.26B
Logo Develop North PLC
Develop North PLC is a United Kingdom-based closed end investment company, which specializes in providing finance to the residential and commercial property sector. The Company provides debt finance to the property sector. With a focus on the North of England and Scotland, it offers finance solutions of between £0.5 million and £5 million to credible and professional developers across residential and commercial sectors. 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. It seeks to achieve its investment objective through a diversified portfolio of fixed rate loans predominantly secured over land and/or property in the United Kingdom. It retains absolute discretion to make investments for either shorter or longer periods. Its projects include Kenley Homes, Horizon Cremation, Bede Homes and Calmont Homes. The Company's investment adviser is Tier One Capital Ltd.
Employees
1
Date Price Change Volume
02/10/26 GBX 73.50 0.00% 0
01/10/26 GBX 73.50 0.00% 0
30/09/26 GBX 73.50 0.00% 54
29/09/26 GBX 73.50 0.00% 1,846
28/09/26 GBX 73.50 -1.34% 5,000
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