Cairn Homes plc

LSE:CRN Stock Report

Market Cap: UK£1.2b

Cairn Homes Past Earnings Performance

Past criteria checks 4/6

Cairn Homes has been growing earnings at an average annual rate of 29.3%, while the Consumer Durables industry saw earnings declining at 13.6% annually. Revenues have been growing at an average rate of 21% per year. Cairn Homes's return on equity is 15.9%, and it has net margins of 14%.

Key information

29.28%

Earnings growth rate

32.55%

EPS growth rate

Consumer Durables Industry Growth-3.63%
Revenue growth rate20.98%
Return on equity15.86%
Net Margin14.05%
Next Earnings Update09 Sep 2026

Recent past performance updates

Recent updates

Narrative Update Jun 14

CRN: Housing Shortage And Dividend Support Will Drive Repricing Through 2026

Analysts have left their £ fair value estimate for Cairn Homes unchanged while making only minor tweaks to the discount rate and future P/E assumptions. As a result, the new price target reflects a steady view of the stock's long term outlook.
Narrative Update May 31

CRN: Housing Shortage And Policy Support Will Support Repricing Through 2026

Analysts have raised the price target for Cairn Homes to £2.45 from £2.00, citing updated research that refines discount rate and P/E assumptions while keeping growth and margin expectations broadly unchanged. Analyst Commentary Recent research updates point to higher price targets for Cairn Homes in both euro and sterling terms, while existing views on growth and margins are described as broadly unchanged.
Analysis Article May 22

Do Cairn Homes' (LON:CRN) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update May 13

CRN: Housing Shortage And Policy Support Will Sustain Upside Into 2026

Analysts have lifted their price targets for Cairn Homes, including a move from £2.00 to £2.45, citing supportive government housing policy and a severe housing shortage as key drivers behind the updated fair value assumptions. Analyst Commentary Recent research updates on Cairn Homes have focused on how current housing conditions and policy support are feeding into analysts' fair value estimates and execution expectations.
Narrative Update Apr 26

CRN: Housing Shortage And Policy Support Will Underpin Higher 2026 Earnings Guidance

Narrative update on Cairn Homes The analyst price target for Cairn Homes has been revised to £2.45 from £2.00, with analysts highlighting ongoing housing supply constraints and supportive government policy as key factors behind the change. Analyst Commentary Bullish analysts are lifting their targets for Cairn Homes, reflecting confidence in the company’s ability to execute in a tight housing market supported by government policy.
Narrative Update Apr 11

CRN: Housing Shortage And Policy Support Will Support Higher 2026 Guidance

Analysts have lifted their price targets for Cairn Homes, with recent moves such as a £2.00 to £2.45 increase at one major bank supported by views that the company could benefit from severe housing shortages and supportive government policy. Analyst Commentary Recent research updates reflect a broadly constructive tone on Cairn Homes, with several bullish analysts lifting their price targets and highlighting supportive sector and policy trends.
Narrative Update Mar 27

CRN: Housing Shortage And Policy Support Will Underpin Raised 2026 Guidance

Analysts have nudged their fair value estimate for Cairn Homes higher, with the updated price target moving from about £2.28 to roughly £2.33 per share. This revision is supported by recent £2.45 and £3.00 targets from Deutsche Bank and Berenberg, which cite ongoing housing shortages and supportive government policy.
Narrative Update Mar 13

CRN: Housing Shortage And Policy Support Will Drive Raised 2026 Guidance

The analyst price target for Cairn Homes has been lifted to £2.28 from £2.23, in line with recent Street updates, as analysts factor in revised growth, margin and discount rate assumptions that broadly align with new targets such as £2.45 from Deutsche Bank and £3.00 from Berenberg. Analyst Commentary Recent research points to a generally constructive stance on Cairn Homes, with fresh price targets clustered in a relatively tight range and supported by a consistent Buy rating across the updates.
Narrative Update Feb 27

CRN: Housing Shortage And Policy Support Will Underpin 2026 Guidance

Analysts have nudged their fair value estimate for Cairn Homes higher from £2.13 to £2.23, citing updated assumptions around growth, margins and P/E multiples, alongside supportive housing supply and policy trends highlighted in recent research. Analyst Commentary Recent research points to a more constructive stance on Cairn Homes, with fair value estimates and formal coverage reflecting confidence in the current housing backdrop and policy support.
Narrative Update Feb 12

CRN: Guidance For 2026 Will Balance Higher Revenue And Tighter Margins

Analysts have raised their fair value estimate for Cairn Homes slightly from £2.07 to £2.13, reflecting updated assumptions around revenue growth, profit margins, a marginally lower future P/E multiple, and a higher discount rate. What's in the News Cairn Homes reaffirmed financial guidance for fiscal 2026, with expected revenue of around €1.02b to €1.05b and operating profit of around €175m to €180m (company guidance).
Analysis Article Nov 25

Investors Will Want Cairn Homes' (LON:CRN) Growth In ROCE To Persist

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Aug 25

Is Cairn Homes plc (LON:CRN) Trading At A 23% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Cairn Homes fair value estimate is UK£2.48 Current share price...
Analysis Article Jul 10

Cairn Homes (LON:CRN) Is Experiencing Growth In Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article May 26

Should You Be Adding Cairn Homes (LON:CRN) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Mar 28

Improved Earnings Required Before Cairn Homes plc (LON:CRN) Shares Find Their Feet

With a price-to-earnings (or "P/E") ratio of 10.8x Cairn Homes plc ( LON:CRN ) may be sending bullish signals at the...
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New Narrative Mar 15

Green Mortgages And Government Support Will Increase Future Demand For Energy-Efficient Homes

Cairn Homes' strategic land acquisitions and lean construction methods aim to boost long-term profitability and enhance margins through cost control.
Analysis Article Feb 21

Do Cairn Homes' (LON:CRN) Earnings Warrant Your Attention?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jan 14

Should You Think About Buying Cairn Homes plc (LON:CRN) Now?

Cairn Homes plc ( LON:CRN ), might not be a large cap stock, but it saw significant share price movement during recent...
Analysis Article Nov 19

Investors Will Want Cairn Homes' (LON:CRN) Growth In ROCE To Persist

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article Jul 02

Are Investors Undervaluing Cairn Homes plc (LON:CRN) By 23%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Cairn Homes fair value estimate is UK£1.71 Cairn Homes...
Analysis Article May 04

Shareholders May Be More Conservative With Cairn Homes plc's (LON:CRN) CEO Compensation For Now

Key Insights Cairn Homes will host its Annual General Meeting on 10th of May Salary of €425.0k is part of CEO Michael...
Analysis Article May 04

We Like These Underlying Return On Capital Trends At Cairn Homes (LON:CRN)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Feb 10

Sentiment Still Eluding Cairn Homes plc (LON:CRN)

When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") above 16x, you may...
Analysis Article Dec 21

Here's Why Cairn Homes (LON:CRN) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Nov 18

There's Been No Shortage Of Growth Recently For Cairn Homes' (LON:CRN) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Oct 12

We Think Cairn Homes (LON:CRN) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Sep 01

With EPS Growth And More, Cairn Homes (LON:CRN) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jul 07

There's Been No Shortage Of Growth Recently For Cairn Homes' (LON:CRN) Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article Jun 15

Is Now The Time To Look At Buying Cairn Homes plc (LON:CRN)?

Cairn Homes plc ( LON:CRN ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
Analysis Article Apr 20

If EPS Growth Is Important To You, Cairn Homes (LON:CRN) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Mar 04

We Like These Underlying Return On Capital Trends At Cairn Homes (LON:CRN)

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Jan 25

Is Now An Opportune Moment To Examine Cairn Homes plc (LON:CRN)?

While Cairn Homes plc ( LON:CRN ) might not be the most widely known stock at the moment, it saw a decent share price...
Analysis Article Jun 15

Should You Investigate Cairn Homes plc (LON:CRN) At UK£0.87?

While Cairn Homes plc ( LON:CRN ) might not be the most widely known stock at the moment, it received a lot of...
Analysis Article Feb 25

Is It Too Late To Consider Buying Cairn Homes plc (LON:CRN)?

While Cairn Homes plc ( LON:CRN ) might not be the most widely known stock at the moment, it saw significant share...
Analysis Article Jul 02

An Intrinsic Calculation For Cairn Homes plc (LON:CRN) Suggests It's 30% Undervalued

In this article we are going to estimate the intrinsic value of Cairn Homes plc ( LON:CRN ) by estimating the company's...
Analysis Article May 12

Is It Time To Consider Buying Cairn Homes plc (LON:CRN)?

Cairn Homes plc ( LON:CRN ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article Mar 21

We Think Cairn Homes (LON:CRN) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 06

With Cairn Homes plc (LON:CRN) It Looks Like You'll Get What You Pay For

With a price-to-earnings (or "P/E") ratio of 56.6x Cairn Homes plc ( LON:CRN ) may be sending very bearish signals at...
Analysis Article Mar 06

Cairn Homes plc Just Beat EPS By 29%: Here's What Analysts Think Will Happen Next

Cairn Homes plc ( LON:CRN ) just released its latest annual results and things are looking bullish. It was overall a...
Analysis Article Feb 18

Should Weakness in Cairn Homes plc's (LON:CRN) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

With its stock down 9.7% over the past month, it is easy to disregard Cairn Homes (LON:CRN). However, the company's...
Analysis Article Jan 31

When Should You Buy Cairn Homes plc (LON:CRN)?

Cairn Homes plc ( LON:CRN ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
Analysis Article Jan 13

Cairn Homes'(LON:CRN) Share Price Is Down 52% Over The Past Three Years.

Investing in stocks inevitably means buying into some companies that perform poorly. But the long term shareholders of...

Revenue & Expenses Breakdown

How Cairn Homes makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

LSE:CRN Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 25945133390
30 Sep 25861116380
30 Jun 2577899380
31 Mar 25819107380
31 Dec 24860115350
30 Sep 24837113360
30 Jun 24813112360
31 Mar 2474099350
31 Dec 2366785340
30 Sep 2363280330
30 Jun 2359775330
31 Mar 2360778320
31 Dec 2261781310
30 Sep 2257672300
30 Jun 2253464280
31 Mar 2247954270
31 Dec 2142443250
30 Sep 2136831250
30 Jun 2131218240
31 Mar 2128715210
31 Dec 2026213180
30 Sep 2029323170
30 Jun 2032434160
31 Mar 2038042170
31 Dec 1943551170
30 Sep 1941747170
30 Jun 1939942160
31 Mar 1936836160
31 Dec 1833731160
30 Sep 1828821160
30 Jun 1823812150
31 Mar 181948140
31 Dec 171494120
30 Sep 171081110
30 Jun 1766-2100
31 Mar 1753-290
31 Dec 1641-280
30 Jun 1619060
31 Dec 153-3240

Quality Earnings: CRN has high quality earnings.

Growing Profit Margin: CRN's current net profit margins (14%) are higher than last year (13.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CRN's earnings have grown significantly by 29.3% per year over the past 5 years.

Accelerating Growth: CRN's earnings growth over the past year (15.8%) is below its 5-year average (29.3% per year).

Earnings vs Industry: CRN earnings growth over the past year (15.8%) exceeded the Consumer Durables industry 11.4%.


Return on Equity

High ROE: CRN's Return on Equity (15.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 12:38
End of Day Share Price 2026/06/17 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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

Cairn Homes plc is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward Hugh PrestBerenberg
Arnaud LehmannBofA Global Research
Colin SheridanDavy