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Crest Nicholson Holdings plcLSE:CRST Stock Report

Market Cap UK£173.5m
Share Price
UK£0.68
UK£0.97
30.1% undervalued intrinsic discount
1Y-61.3%
7D-8.0%
1D
Portfolio Value
View

Crest Nicholson Holdings plc

LSE:CRST Stock Report

Market Cap: UK£173.5m

CRST Community Fair Values

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Crest Nicholson Holdings plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Crest Nicholson Holdings
Historical stock prices
Current Share PriceUK£0.68
52 Week HighUK£1.98
52 Week LowUK£0.60
Beta1.35
1 Month Change-0.59%
3 Month Change-50.44%
1 Year Change-61.26%
3 Year Change-73.24%
5 Year Change-85.20%
Change since IPO-73.49%

Recent News & Updates

Narrative Update May 29

CRST: Future Upside Will Hinge On Successful Covenant Relaxation Talks

Analysts have cut their price target on Crest Nicholson Holdings from £1.32 to £0.97, citing updated assumptions that now reflect a lower revenue growth outlook, a slightly reduced profit margin and a modestly lower future P/E multiple. What's in the News Crest Nicholson has delayed publication of its half year results for the period ended 30 April 2026 to 16 July 2026, allowing time to complete discussions with lenders and the audit review process (Key Developments).
Narrative Update Apr 22

CRST: Future Upside Will Depend On Resolving Going Concern Audit Warning

Analysts have cut their price target on Crest Nicholson Holdings from £1.80 to £1.32, reflecting updated assumptions of a higher 11.91% discount rate, lower 1.65% revenue growth, a 4.34% profit margin and a slightly reduced future P/E of 17.06x. What's in the News The annual report for the period ending Oct 31, 2025 was filed on Feb 17, 2026.
Narrative Update Apr 07

CRST: Future Rerating Will Hinge On Going Concern Audit Warning

Analysts have trimmed their price target for Crest Nicholson Holdings by £0.06. This reflects updated assumptions for slightly lower revenue growth, a modestly reduced profit margin and a higher future P/E, all evaluated using a somewhat higher discount rate.

Recent updates

Narrative Update May 29

CRST: Future Upside Will Hinge On Successful Covenant Relaxation Talks

Analysts have cut their price target on Crest Nicholson Holdings from £1.32 to £0.97, citing updated assumptions that now reflect a lower revenue growth outlook, a slightly reduced profit margin and a modestly lower future P/E multiple. What's in the News Crest Nicholson has delayed publication of its half year results for the period ended 30 April 2026 to 16 July 2026, allowing time to complete discussions with lenders and the audit review process (Key Developments).
Narrative Update Apr 22

CRST: Future Upside Will Depend On Resolving Going Concern Audit Warning

Analysts have cut their price target on Crest Nicholson Holdings from £1.80 to £1.32, reflecting updated assumptions of a higher 11.91% discount rate, lower 1.65% revenue growth, a 4.34% profit margin and a slightly reduced future P/E of 17.06x. What's in the News The annual report for the period ending Oct 31, 2025 was filed on Feb 17, 2026.
Narrative Update Apr 07

CRST: Future Rerating Will Hinge On Going Concern Audit Warning

Analysts have trimmed their price target for Crest Nicholson Holdings by £0.06. This reflects updated assumptions for slightly lower revenue growth, a modestly reduced profit margin and a higher future P/E, all evaluated using a somewhat higher discount rate.
Narrative Update Mar 23

CRST: Future Re Rating Will Turn On Going Concern Risk

Analysts have slightly reduced their price target on Crest Nicholson Holdings to £1.86 from £1.88, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Crest Nicholson Holdings plc filed its annual report on February 17, 2026 for the period ending October 31, 2025.
Narrative Update Mar 09

CRST: Future Re Rating Will Hinge On Going Concern Risk Discount

Analysts have nudged their price target on Crest Nicholson Holdings higher to £1.88, a small change that reflects updated assumptions for discount rate and future P/E, while keeping fair value and key margin inputs broadly in line with prior views. What's in the News Crest Nicholson Holdings filed its Annual Report on February 17, 2026, covering the period ending October 31, 2025 (company filing).
Narrative Update Feb 23

CRST: Future Re Rating Will Hinge On Auditor Flagged Going Concern Risk

Analysts have slightly increased their fair value estimate for Crest Nicholson Holdings to £1.88 per share from £1.87, reflecting updated assumptions on discount rates, revenue growth, profit margins and future P/E multiples. What's in the News On February 17, 2026, Crest Nicholson Holdings plc filed its annual report for the period ending October 31, 2025, providing updated financial disclosures and risk discussions for the latest fiscal year (company filing).
New Narrative Feb 15

Project Elevate Execution Risks Will Shape Long Term Prospects For Mid Premium Housing

Catalysts About Crest Nicholson Holdings Crest Nicholson Holdings is a UK housebuilder focused on mid premium homes and communities, primarily in the South of England. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 09

CRST: Future Re Rating Will Emerge As Earnings Assumptions Tighten Further

Analysts have nudged their fair value estimate for Crest Nicholson Holdings slightly higher to £1.87 from £1.85, reflecting updated assumptions for revenue growth, profit margins and a future P/E of about 15x. Valuation Changes Fair Value Estimate is now £1.87 per share, compared with the previous £1.85.
New Narrative Jan 29

Mid Premium Focus And Project Elevate Will Support A Stronger Long Term Outlook

Catalysts About Crest Nicholson Holdings Crest Nicholson Holdings is a UK housebuilder focused on mid premium homes and communities, primarily in the South of England. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 25

CRST: Future Re Rating Will Emerge As Assumptions Turn More Conservative

Analysts have inched their price target for Crest Nicholson Holdings slightly lower, trimming their fair value estimate from £1.85 to about £1.85. This reflects marginal tweaks to discount rate, revenue growth, profit margin and future P/E assumptions, rather than any major shift in their overall view.
Narrative Update Jan 10

CRST: Future Re Rating Will Emerge As Assumptions Turn More Conservative

Analysts have trimmed their price target for Crest Nicholson Holdings from £1.89 to £1.85, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. These factors collectively point to a slightly more conservative outlook on the shares.
Narrative Update Dec 17

CRST: Future Re Rating Will Emerge Despite Recent Index Exclusions

Analysts have modestly reduced their price target on Crest Nicholson Holdings, trimming fair value by approximately 2 percent to about £1.89. They cite slightly higher discount rates, softer expected revenue growth, and a small downgrade to long term profit margins, which are only partly offset by a higher anticipated future P/E multiple.
Narrative Update Dec 03

CRST: Future Re Rating Potentially Emerging Despite Recent Index Removals

Analysts have trimmed their price target on Crest Nicholson Holdings to reflect slightly lower fair value estimates and more conservative assumptions for revenue growth and profit margins, while still allowing for a modest re rating in the future price to earnings multiple. What's in the News Crest Nicholson Holdings plc has been removed from the FTSE 350 Index, signaling a diminished market capitalization standing relative to UK large and mid cap peers (Key Developments) The company has also been dropped from the FTSE 250 Index, further highlighting its exit from a key UK mid cap benchmark tracked by many institutional investors (Key Developments) Crest Nicholson has been removed from the FTSE 250 (Ex Investment Companies) Index, potentially reducing passive fund ownership focused on non investment company constituents (Key Developments) The group has been deleted from the FTSE 350 (Ex Investment Companies) Index, underscoring broad index level pressure on the stock across the FTSE family (Key Developments) Valuation Changes Fair Value Estimate: reduced modestly from £2.12 to £1.93 per share, reflecting a slightly more cautious outlook Discount Rate: increased slightly from 9.7% to just over 10.1%, implying a marginally higher required return from investors Revenue Growth: lowered significantly from about 7.6% to roughly 4.9% annually, indicating more conservative top line expectations Net Profit Margin: trimmed moderately from around 8.0% to just over 7.1%, signalling a somewhat weaker profitability profile Future P/E: raised from approximately 11.7x to 13.2x, allowing for a modest re rating despite softer fundamental assumptions
New Narrative Sep 05

Operational Transformation And A Robust Landbank Will Shape Future Value

Key Takeaways Operational improvements, strategic land holdings, and capital optimization are setting the stage for margin expansion and stronger long-term earnings quality. Enhanced mid-premium offerings and positive housing market signals could boost demand, pricing power, and revenue as consumer confidence returns.
Analysis Article May 31

Crest Nicholson Holdings plc's (LON:CRST) P/E Is Still On The Mark Following 26% Share Price Bounce

Crest Nicholson Holdings plc ( LON:CRST ) shareholders would be excited to see that the share price has had a great...
Analysis Article Mar 20

Crest Nicholson Holdings (LON:CRST) Is Finding It Tricky To Allocate Its Capital

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Analysis Article Feb 21

Some Investors May Be Willing To Look Past Crest Nicholson Holdings' (LON:CRST) Soft Earnings

Crest Nicholson Holdings plc's ( LON:CRST ) recent soft profit numbers didn't appear to worry shareholders, as the...
Analysis Article Feb 13

What Does Crest Nicholson Holdings plc's (LON:CRST) Share Price Indicate?

While Crest Nicholson Holdings plc ( LON:CRST ) might not have the largest market cap around , it saw a significant...
Analysis Article Jan 26

Crest Nicholson Holdings (LON:CRST) Has Affirmed Its Dividend Of £0.115

Crest Nicholson Holdings plc ( LON:CRST ) has announced that it will pay a dividend of £0.115 per share on the 23rd of...
Analysis Article Dec 07

Investors Could Be Concerned With Crest Nicholson Holdings' (LON:CRST) Returns On Capital

When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
Analysis Article Oct 25

Does Crest Nicholson Holdings (LON:CRST) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Sep 29

An Intrinsic Calculation For Crest Nicholson Holdings plc (LON:CRST) Suggests It's 38% Undervalued

Key Insights Crest Nicholson Holdings' estimated fair value is UK£2.72 based on 2 Stage Free Cash Flow to Equity Crest...
Analysis Article Aug 22

Some Investors May Be Worried About Crest Nicholson Holdings' (LON:CRST) Returns On Capital

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analysis Article Jul 20

Is Crest Nicholson Holdings plc (LON:CRST) Potentially Undervalued?

While Crest Nicholson Holdings plc ( LON:CRST ) might not be the most widely known stock at the moment, it received a...
Analysis Article Mar 17

Shareholders Will Probably Hold Off On Increasing Crest Nicholson Holdings plc's (LON:CRST) CEO Compensation For The Time Being

Key Insights Crest Nicholson Holdings' Annual General Meeting to take place on 23rd of March Salary of UK£666.0k is...
Analysis Article Feb 09

Crest Nicholson Holdings' (LON:CRST) Dividend Will Be Increased To £0.115

Crest Nicholson Holdings plc's ( LON:CRST ) dividend will be increasing from last year's payment of the same period to...
Analysis Article Jan 20

Crest Nicholson Holdings (LON:CRST) Is Increasing Its Dividend To £0.115

Crest Nicholson Holdings plc's ( LON:CRST ) dividend will be increasing from last year's payment of the same period to...
Analysis Article Nov 10

These Return Metrics Don't Make Crest Nicholson Holdings (LON:CRST) Look Too Strong

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...

Shareholder Returns

CRSTGB Consumer DurablesGB Market
7D-8.0%-2.0%-0.9%
1Y-61.3%-42.6%18.0%

Return vs Industry: CRST underperformed the UK Consumer Durables industry which returned -41.7% over the past year.

Return vs Market: CRST underperformed the UK Market which returned 18.4% over the past year.

Price Volatility

Is CRST's price volatile compared to industry and market?
CRST volatility
CRST Average Weekly Movement13.0%
Consumer Durables Industry Average Movement6.1%
Market Average Movement5.7%
10% most volatile stocks in GB Market12.0%
10% least volatile stocks in GB Market3.2%

Stable Share Price: CRST's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: CRST's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
1963685Andrew Clarkwww.crestnicholson.com

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, United Kingdom.

Crest Nicholson Holdings plc Fundamentals Summary

How do Crest Nicholson Holdings's earnings and revenue compare to its market cap?
CRST fundamental statistics
Market capUK£173.55m
Earnings (TTM)UK£2.20m
Revenue (TTM)UK£610.80m
78.9x
P/E Ratio
0.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRST income statement (TTM)
RevenueUK£610.80m
Cost of RevenueUK£527.20m
Gross ProfitUK£83.60m
Other ExpensesUK£81.40m
EarningsUK£2.20m

Last Reported Earnings

Oct 31, 2025

Next Earnings Date

Jul 16, 2026

Earnings per share (EPS)0.0086
Gross Margin13.69%
Net Profit Margin0.36%
Debt/Equity Ratio22.7%

How did CRST perform over the long term?

See historical performance and comparison

Dividends

5.3%
Current Dividend Yield
362%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/02 04:02
End of Day Share Price 2026/06/02 00:00
Earnings2025/10/31
Annual Earnings2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Crest Nicholson Holdings plc is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Emily BiddulphBarclays
Rajesh PatkiBarclays
Paul Daniel CheckettsBarclays