Market Closed -
London S.E.
16:35:11 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
1,318
GBX
|
+2.77%
|
|
+2.49%
|
-5.11%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
8,526
|
8,819
|
9,111
|
3,885
|
4,436
|
4,211
|
-
|
-
|
Enterprise Value (EV)
1 |
7,682
|
7,585
|
7,864
|
3,023
|
4,015
|
4,029
|
4,081
|
4,075
|
P/E ratio
|
10.1
x
|
13.9
x
|
11.6
x
|
6.98
x
|
17.5
x
|
16.5
x
|
13
x
|
10.9
x
|
Yield
|
8.72%
|
3.98%
|
8.23%
|
4.93%
|
-
|
4.7%
|
5.08%
|
5.51%
|
Capitalization / Revenue
|
2.34
x
|
2.65
x
|
2.52
x
|
1.02
x
|
1.6
x
|
1.5
x
|
1.35
x
|
1.25
x
|
EV / Revenue
|
2.1
x
|
2.28
x
|
2.18
x
|
0.79
x
|
1.45
x
|
1.43
x
|
1.31
x
|
1.2
x
|
EV / EBITDA
|
7.32
x
|
8.65
x
|
8.01
x
|
2.96
x
|
10.8
x
|
10.2
x
|
7.99
x
|
6.76
x
|
EV / FCF
|
13
x
|
10.2
x
|
10.3
x
|
8.13
x
|
-24.2
x
|
455
x
|
32.9
x
|
16.2
x
|
FCF Yield
|
7.71%
|
9.84%
|
9.71%
|
12.3%
|
-4.14%
|
0.22%
|
3.04%
|
6.16%
|
Price to Book
|
2.63
x
|
2.51
x
|
2.51
x
|
1.13
x
|
-
|
1.22
x
|
1.18
x
|
1.12
x
|
Nbr of stocks (in thousands)
|
316,346
|
318,728
|
318,996
|
319,218
|
319,333
|
319,506
|
-
|
-
|
Reference price
2 |
26.95
|
27.67
|
28.56
|
12.17
|
13.89
|
13.18
|
13.18
|
13.18
|
Announcement Date
|
27/02/20
|
03/03/21
|
02/03/22
|
01/03/23
|
12/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,649
|
3,328
|
3,610
|
3,816
|
2,773
|
2,813
|
3,121
|
3,382
|
EBITDA
1 |
1,050
|
876.9
|
981.2
|
1,022
|
373.2
|
395.7
|
510.6
|
602.4
|
EBIT
1 |
1,037
|
862.8
|
966.7
|
1,006
|
354.5
|
383.1
|
495.1
|
588
|
Operating Margin
|
28.41%
|
25.92%
|
26.77%
|
26.38%
|
12.78%
|
13.62%
|
15.86%
|
17.39%
|
Earnings before Tax (EBT)
1 |
1,041
|
783.8
|
966.8
|
730.7
|
351.8
|
360.1
|
454.1
|
541.1
|
Net income
1 |
848.8
|
638.4
|
787.2
|
561
|
255.4
|
253.2
|
316.8
|
401.4
|
Net margin
|
23.26%
|
19.18%
|
21.8%
|
14.7%
|
9.21%
|
9%
|
10.15%
|
11.87%
|
EPS
2 |
2.663
|
1.996
|
2.456
|
1.743
|
0.7950
|
0.7986
|
1.014
|
1.214
|
Free Cash Flow
1 |
592.5
|
746.6
|
763.9
|
371.8
|
-166.2
|
8.85
|
123.9
|
251.1
|
FCF margin
|
16.24%
|
22.43%
|
21.16%
|
9.74%
|
-5.99%
|
0.31%
|
3.97%
|
7.42%
|
FCF Conversion (EBITDA)
|
56.43%
|
85.14%
|
77.85%
|
36.37%
|
-
|
2.24%
|
24.26%
|
41.67%
|
FCF Conversion (Net income)
|
69.8%
|
116.95%
|
97.04%
|
66.27%
|
-
|
3.5%
|
39.11%
|
62.54%
|
Dividend per Share
2 |
2.350
|
1.100
|
2.350
|
0.6000
|
-
|
0.6199
|
0.6696
|
0.7256
|
Announcement Date
|
27/02/20
|
03/03/21
|
02/03/22
|
01/03/23
|
12/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
844
|
1,234
|
1,247
|
862
|
420
|
182
|
130
|
136
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
593
|
747
|
764
|
372
|
-166
|
8.85
|
124
|
251
|
ROE (net income / shareholders' equity)
|
26.3%
|
18.8%
|
22.1%
|
22%
|
7.45%
|
7.59%
|
9.52%
|
11.1%
|
ROA (Net income/ Total Assets)
|
18.6%
|
14%
|
16.9%
|
11.4%
|
5.2%
|
7.02%
|
8.48%
|
9.67%
|
Assets
1 |
4,571
|
4,556
|
4,671
|
4,913
|
4,911
|
3,606
|
3,733
|
4,149
|
Book Value Per Share
2 |
10.20
|
11.00
|
11.40
|
10.80
|
-
|
10.80
|
11.20
|
11.70
|
Cash Flow per Share
2 |
1.940
|
2.390
|
2.450
|
1.250
|
-0.4000
|
-0.3800
|
1.220
|
1.240
|
Capex
1 |
27.5
|
18.9
|
20.9
|
30.5
|
36.4
|
26.2
|
24.9
|
25.6
|
Capex / Sales
|
0.75%
|
0.57%
|
0.58%
|
0.8%
|
1.31%
|
0.93%
|
0.8%
|
0.76%
|
Announcement Date
|
27/02/20
|
03/03/21
|
02/03/22
|
01/03/23
|
12/03/24
|
-
|
-
|
-
|
Last Close Price
13.18
GBP Average target price
14.96
GBP Spread / Average Target +13.51% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.11% | 5.25B | | -4.38% | 47.86B | | +10.25% | 23.94B | | +1.83% | 17.68B | | +13.06% | 14.58B | | +16.96% | 12.52B | | +12.71% | 6.16B | | +0.30% | 6.2B | | +9.62% | 5.96B | | +7.89% | 6.11B |
Other Homebuilding
|