This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsCountryside Partnerships (6CO) 주식 개요Countryside Partnerships PLC operates as a home builder and urban regeneration partner in the United Kingdom. 자세히 보기6CO 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장3/6과거 실적0/6재무 건전성3/6배당0/6강점수익은 매년 69.59% 증가할 것으로 예상됩니다.위험 분석우리의 위험 점검에서 6CO에 대한 위험이 감지되지 않았습니다.모든 위험 점검 보기6CO Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€2.36해당 없음내재 할인율Est. Revenue$PastFuture-116m1b2016201920222025202620282031Revenue UK£1.4bEarnings UK£87.4mAdvancedSet Fair ValueView all narrativesCountryside Partnerships PLC 경쟁사TraumhausSymbol: XTRA:TRUMarket cap: €2.0mHELMA EigenheimbauSymbol: XTRA:H5EMarket cap: €1.2mEinhell GermanySymbol: XTRA:EINMarket cap: €797.2mEigenheim Union 1898 BeteiligungsSymbol: XTRA:JZ60Market cap: €11.2k가격 이력 및 성과Countryside Partnerships 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가€2.3652주 최고가€5.4752주 최저가€2.16베타1.661개월 변동5.36%3개월 변동-28.92%1년 변동-55.97%3년 변동-45.09%5년 변동-37.75%IPO 이후 변동-21.83%최근 뉴스 및 업데이트공시 • Nov 14Countryside Partnerships Announces Cancellation of SecuritiesAt the request of Countryside Partnerships PLC, ordinary shares of 1p each, fully paid, have been cancelled from admission to trading on London Stock Exchange with 08:00 on November 14, 2022.공시 • Nov 12+ 5 more updatesCountryside Partnerships Provides Listing Cancelation UpdateCountryside Partnerships PLC and Vistry announced that the Scheme has now become Effective in accordance with its terms, following sanction of the Scheme by the Court on 10 November 2022 and the delivery of the Scheme Court Order to the Registrar of Companies, 11 November 2022. The entire issued ordinary share capital of Countryside is owned by Vistry. Applications have been made to the FCA and the London Stock Exchange for the cancellation of Countryside's listing on the premium listing segment of the Official List and the trading of Countryside Shares on the London Stock Exchange's Main Market, which is expected to take place with effect from 8.00 a.m. on 14 November 2022.공시 • Nov 11Vistry Group PLC (LSE:VTY) completed the acquisition of Countryside Partnerships PLC (LSE:CSP) from a group of shareholders.Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £2.1 billion on September 5, 2022. As per the transaction, shareholders will receive the full amount of cash for every 0.255 new Vistryshare under an election to receive more cash in place of new Vistryshares in respect of each Countryside share is 153.765 pence. This is in addition to the 60p in cash due for each Countryside share. Shareholders will receive the full amount of a new Vistryshare for every 60p in cash under if they opt to receive more new Vistryshares in place of cash in respect of each Countryside Share is 0.099 of a new Vistry share. This is in addition to the 0.255 new Vistryshares due for each Countryside share. The transaction is unanimously approved by board of directors of Countryside Partnerships PLC and is subject to approval by shareholders of Vistry Group PLC and Countryside Partnerships PLC and court approvals. The transaction is expected to close by the end of the first quarter of 2023. Keith Welch, Diraj Ramchandani, Simon Alexander and Adam Miller of HSBC Bank plc and Vasco Litchfield, Patrick Long and Louise Campbell of Lazard & Co., Limited acted as financial advisors and Linklaters LLP acted as legal advisor to Vistry Group PLC. Alex Midgen, Peter Everest and Nikhil Walia of N M Rothschild & Sons Limited, Robert Mayhew and Richard Bassingthwaighte of Barclays Bank PLC and Heraclis Economides and Oliver Hardy of Numis Securities Limited acted as financial advisors and Norton Rose Fulbright LLP acted as legal advisor to Countryside Partnerships PLC (LSE:CSP). Vistry Group PLC (LSE:VTY) completed the acquisition of Countryside Partnerships PLC (LSE:CSP) from a group of shareholders on November 10, 2022.공시 • Oct 10FCA to Cancel Trading in Countryside Shares from Official List and Main Market of London Stock ExchangeOn 5 September 2022, the boards of Countryside Partnerships PLC (Countryside) and Vistry Group PLC ("Vistry") announced that they had reached agreement on the terms of a recommended cash and share combination pursuant to which Vistry will acquire the entire issued and to be issued ordinary share capital of Countryside (Combination). It is intended that following the Combination becoming Effective, the London Stock Exchange and FCA will be requested respectively to cancel trading in Countryside Shares on the London Stock Exchange's main market for listed securities and to remove the listing of the Countryside Shares from the Official List, in each case shortly after the Effective Date.공시 • Sep 07Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £1.2 billion.Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £1.2 billion on September 5, 2022. The transaction is unanimously approved by board of directors of Countryside Partnerships PLC and is subject to approval by shareholders of Vistry Group PLC and Countryside Partnerships PLC and court approvals. The transaction is expected to close by the end of the first quarter of 2023. Keith Welch, Diraj Ramchandani, Simon Alexander and Adam Miller of HSBC Bank plc and Vasco Litchfield, Patrick Long and Louise Campbell of Lazard & Co., Limited acted as financial advisors and Linklaters LLP acted as legal advisor to Vistry Group PLC. Alex Midgen, Peter Everest and Nikhil Walia of N M Rothschild & Sons Limited, Robert Mayhew and Richard Bassingthwaighte of Barclays Bank PLC and Heraclis Economides and Oliver Hardy of Numis Securities Limited acted as financial advisors and Norton Rose Fulbright LLP acted as legal advisor to Countryside Partnerships PLC (LSE:CSP).공시 • Sep 05Countryside Partnerships and Vistry Reportedly in Merger TalksCountryside Partnerships PLC (LSE:CSP) and Vistry Group PLC (LSE:VTY) are nearing a deal to merge and form a $3.2 billion residential developer, according to people familiar with the matter, representing a win for U.S.-based activist investor Browning West LP. The deal, in which Vistry is expected to pay mostly stock for its counterpart, could be announced as soon as this coming week, the people said. A possibility remains, however, that the talks break down before terms are finalized. By joining forces Countryside and Vistry would have a combined market value of about £2.75 billion, equivalent to $3.2 billion, based on their latest values. The combined entity would gain greater scale to better combat the risk of a slowing housing market in the U.K. amid record-setting inflation, rising interest rates and the prospect of a lengthy recession. The stocks of both Countryside and Vistry are lower so far in the year 2022. Countryside, though, has underperformed and the company has suffered from senior management upheaval, placing it under greater shareholder pressure to strike a deal. In January, the company’s then chief executive officer resigned following the release of disappointing profit and revenue results. That same month, Peter Lee, a partner at Browning West, which currently owns about 15% of Countryside, joined the board. Then in June, 2022, the builder, which has most recently been headed by interim co-chief executives, put itself up for sale. That move came following pressure from Browning, which focuses its investments in North America and Western Europe, and Countryside’s rejection as too low of a £1.5 billion takeover offer from Inclusive Capital Partners LP. A deal involving mostly stock, like the transaction that Countryside and Vistry are targeting, can overcome that challenge by allowing shareholders of each company to hold shares in the combined entity and benefit from cost savings and any stock gains if the merger succeeds and overall market conditions improve.더 많은 업데이트 보기Recent updates공시 • Nov 14Countryside Partnerships Announces Cancellation of SecuritiesAt the request of Countryside Partnerships PLC, ordinary shares of 1p each, fully paid, have been cancelled from admission to trading on London Stock Exchange with 08:00 on November 14, 2022.공시 • Nov 12+ 5 more updatesCountryside Partnerships Provides Listing Cancelation UpdateCountryside Partnerships PLC and Vistry announced that the Scheme has now become Effective in accordance with its terms, following sanction of the Scheme by the Court on 10 November 2022 and the delivery of the Scheme Court Order to the Registrar of Companies, 11 November 2022. The entire issued ordinary share capital of Countryside is owned by Vistry. Applications have been made to the FCA and the London Stock Exchange for the cancellation of Countryside's listing on the premium listing segment of the Official List and the trading of Countryside Shares on the London Stock Exchange's Main Market, which is expected to take place with effect from 8.00 a.m. on 14 November 2022.공시 • Nov 11Vistry Group PLC (LSE:VTY) completed the acquisition of Countryside Partnerships PLC (LSE:CSP) from a group of shareholders.Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £2.1 billion on September 5, 2022. As per the transaction, shareholders will receive the full amount of cash for every 0.255 new Vistryshare under an election to receive more cash in place of new Vistryshares in respect of each Countryside share is 153.765 pence. This is in addition to the 60p in cash due for each Countryside share. Shareholders will receive the full amount of a new Vistryshare for every 60p in cash under if they opt to receive more new Vistryshares in place of cash in respect of each Countryside Share is 0.099 of a new Vistry share. This is in addition to the 0.255 new Vistryshares due for each Countryside share. The transaction is unanimously approved by board of directors of Countryside Partnerships PLC and is subject to approval by shareholders of Vistry Group PLC and Countryside Partnerships PLC and court approvals. The transaction is expected to close by the end of the first quarter of 2023. Keith Welch, Diraj Ramchandani, Simon Alexander and Adam Miller of HSBC Bank plc and Vasco Litchfield, Patrick Long and Louise Campbell of Lazard & Co., Limited acted as financial advisors and Linklaters LLP acted as legal advisor to Vistry Group PLC. Alex Midgen, Peter Everest and Nikhil Walia of N M Rothschild & Sons Limited, Robert Mayhew and Richard Bassingthwaighte of Barclays Bank PLC and Heraclis Economides and Oliver Hardy of Numis Securities Limited acted as financial advisors and Norton Rose Fulbright LLP acted as legal advisor to Countryside Partnerships PLC (LSE:CSP). Vistry Group PLC (LSE:VTY) completed the acquisition of Countryside Partnerships PLC (LSE:CSP) from a group of shareholders on November 10, 2022.공시 • Oct 10FCA to Cancel Trading in Countryside Shares from Official List and Main Market of London Stock ExchangeOn 5 September 2022, the boards of Countryside Partnerships PLC (Countryside) and Vistry Group PLC ("Vistry") announced that they had reached agreement on the terms of a recommended cash and share combination pursuant to which Vistry will acquire the entire issued and to be issued ordinary share capital of Countryside (Combination). It is intended that following the Combination becoming Effective, the London Stock Exchange and FCA will be requested respectively to cancel trading in Countryside Shares on the London Stock Exchange's main market for listed securities and to remove the listing of the Countryside Shares from the Official List, in each case shortly after the Effective Date.공시 • Sep 07Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £1.2 billion.Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £1.2 billion on September 5, 2022. The transaction is unanimously approved by board of directors of Countryside Partnerships PLC and is subject to approval by shareholders of Vistry Group PLC and Countryside Partnerships PLC and court approvals. The transaction is expected to close by the end of the first quarter of 2023. Keith Welch, Diraj Ramchandani, Simon Alexander and Adam Miller of HSBC Bank plc and Vasco Litchfield, Patrick Long and Louise Campbell of Lazard & Co., Limited acted as financial advisors and Linklaters LLP acted as legal advisor to Vistry Group PLC. Alex Midgen, Peter Everest and Nikhil Walia of N M Rothschild & Sons Limited, Robert Mayhew and Richard Bassingthwaighte of Barclays Bank PLC and Heraclis Economides and Oliver Hardy of Numis Securities Limited acted as financial advisors and Norton Rose Fulbright LLP acted as legal advisor to Countryside Partnerships PLC (LSE:CSP).공시 • Sep 05Countryside Partnerships and Vistry Reportedly in Merger TalksCountryside Partnerships PLC (LSE:CSP) and Vistry Group PLC (LSE:VTY) are nearing a deal to merge and form a $3.2 billion residential developer, according to people familiar with the matter, representing a win for U.S.-based activist investor Browning West LP. The deal, in which Vistry is expected to pay mostly stock for its counterpart, could be announced as soon as this coming week, the people said. A possibility remains, however, that the talks break down before terms are finalized. By joining forces Countryside and Vistry would have a combined market value of about £2.75 billion, equivalent to $3.2 billion, based on their latest values. The combined entity would gain greater scale to better combat the risk of a slowing housing market in the U.K. amid record-setting inflation, rising interest rates and the prospect of a lengthy recession. The stocks of both Countryside and Vistry are lower so far in the year 2022. Countryside, though, has underperformed and the company has suffered from senior management upheaval, placing it under greater shareholder pressure to strike a deal. In January, the company’s then chief executive officer resigned following the release of disappointing profit and revenue results. That same month, Peter Lee, a partner at Browning West, which currently owns about 15% of Countryside, joined the board. Then in June, 2022, the builder, which has most recently been headed by interim co-chief executives, put itself up for sale. That move came following pressure from Browning, which focuses its investments in North America and Western Europe, and Countryside’s rejection as too low of a £1.5 billion takeover offer from Inclusive Capital Partners LP. A deal involving mostly stock, like the transaction that Countryside and Vistry are targeting, can overcome that challenge by allowing shareholders of each company to hold shares in the combined entity and benefit from cost savings and any stock gains if the merger succeeds and overall market conditions improve.공시 • Jul 13Countryside Partnerships plc Announces Resignation of Non-Executive ChairThe Board of Countryside Partnerships PLC announced that John Martin, Non-Executive Chair, has informed the Board of his decision to resign from all his roles at the Company with immediate effect. Douglas Hurt, Senior Independent Director takes over the role of Non-Executive Chair and Chair of the Nomination Committee and Amanda Burton is appointed Senior Independent Director with immediate effect. There is no change to the previous financial guidance for adjusted operating profit for the full year ending 30 September 2022.공시 • Jun 07Browning West LP Communicates with Countryside Partnerships PlcOn June 6, 2022, Browning West LP communicated with Countryside Partnerships Plc urging to analyze all possible alternatives and sell the Company to the potential buyers. In addition, Browning West LP said that it was supportive of any proposal from shareholders that the board run a formal sale process for the company and would welcome the opportunity to participate in any such process.공시 • May 31Inclusive Capital Partners, L.P. cancel the acquisition of remaining 90.8% stake in Countryside Partnerships PLC (LSE:CSP) for £1.02 billion.Inclusive Capital Partners, L.P. made the offer to acquire remaining 90.8% stake in Countryside Partnerships PLC (LSE:CSP) for £1.02 billion on April 14, 2022. Under the offer, Inclusive Capital Partners, L.P. will acquire shares at £ 2.25 (225 pence) per share and a contingent entitlement of up to a maximum of 59 pence, structured as a contingent value right. On May 17, 2022, Inclusive Capital Partners, L.P. revised its offer price to £ 2.95 (295 pence) per share. Under the revised offer, Inclusive Capital Partners, L.P. will acquire remaining 90.8% stake in Countryside Partnerships PLC for £1.3 billion. Pursuant to the revised offer, it is also currently expected that as an alternative to the Cash Offer, an eligible Countryside shareholder would be entitled to elect to receive rollover ordinary shares (the "Rollover Securities") in exchange for their holding of Countryside shares at a ratio to be specified at later stage (Alternative Offer), subject to the indicative terms and conditions of the alternative offer. Under the Alternative Offer, it is proposed that eligible Countryside shareholders would be entitled to either; elect for the Alternative Offer in relation to their entire holding of Countryside shares; or elect for the Alternative Offer in relation to at least 50 per cent. of their holding of Countryside shares (with the remaining percentage of such Countryside shareholder's shareholding being settled by way of the Cash Offer). The maximum number of Rollover Securities available to Countryside shareholder under the Alternative Offer would be limited to 30%. If valid elections were to be made from eligible Countryside shareholders that would require the issue of Rollover Securities exceeding the Alternative Offer Maximum, the number of Rollover Securities to be issued in respect of each Countryside share would be rounded down on a pro rata basis, and the balance of the consideration for each Countryside Share would be paid in cash in accordance with the terms of the Cash Offer. The availability of the Alternative Offer would also be conditional upon valid elections being made for such number of Rollover Securities as represent at least 5 per cent. of the issued ordinary share capital of Holdco at completion of the Possible Offer, failing which the Alternative Offer would lapse and no Rollover Securities would be issued. The proposals were subject to the satisfaction or waiver by Inclusive Capital of several pre-conditions, including the completion of detailed due diligence. The offer would be subject to any requisite anti-trust or regulatory approvals and other customary conditions. The Board of Directors of Countryside Partnerships PLC has rejected the first offer of April 14, 2022 on April 22, 2022. The Board of Directors of Countryside Partnerships PLC has also rejected the revised offer on May 26, 2022. Countryside Partnerships PLC shareholders are strongly advised to take no action in relation to the approach from Inclusive Capital. Alex Midgen and Peter Everest of Rothschild & Co acted as financial advisers to Countryside Partnerships PLC. Mark Aedy and Liam Beere of Moelis & Company UK LLP acted as financial advisers to Inclusive Capital Partners, L.P. while Kirkland & Ellis International LLP acted as legal adviser to Inclusive Capital Partners, L.P. Inclusive Capital Partners, L.P. cancel the acquisition of remaining 90.8% stake in Countryside Partnerships PLC (LSE:CSP) on May 26, 2022.Reported Earnings • May 20First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£31.9m from profit in 1H 2021). Profit margin: (down from 4.8% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 28%, compared to a 7.6% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.공시 • Apr 05Countryside Partnerships PLC to Report First Half, 2022 Results on May 19, 2022Countryside Partnerships PLC announced that they will report first half, 2022 results on May 19, 2022Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €3.16, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.98 per share.Valuation Update With 7 Day Price Move • Jan 15Investor sentiment deteriorated over the past weekAfter last week's 29% share price decline to €3.78, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Consumer Durables industry in Germany. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.50 per share.Recent Insider Transactions • Dec 23Key Executive recently bought €273k worth of stockOn the 20th of December, Iain McPherson bought around 56k shares on-market at roughly €4.88 per share. This was the largest purchase by an insider in the last 3 months. This was Iain's only on-market trade for the last 12 months.Recent Insider Transactions • Dec 03Independent Non Executive Chairman recently bought €235k worth of stockOn the 1st of December, John Martin bought around 47k shares on-market at roughly €4.95 per share. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months.Reported Earnings • Dec 01Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: UK£0.14 (up from UK£0.008 loss in FY 2020). Revenue: UK£1.37b (up 54% from FY 2020). Net income: UK£72.3m (up UK£76.0m from FY 2020). Profit margin: 5.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 28%, compared to a 4.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Executive Departure • Dec 01Group CFO & Executive Director Michael Scott has left the companyOn the 30th of November, Michael Scott's tenure as Group CFO & Executive Director ended after 3.2 years in the role. As of September 2021, Michael still personally held 94.58k shares (€553k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.83 years, which is considered inexperienced in the Simply Wall St Risk Model.Reported Earnings • May 15First half 2021 earnings released: EPS UK£0.061 (vs UK£0.081 in 1H 2020)The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: UK£661.0m (up 37% from 1H 2020). Net income: UK£31.9m (down 12% from 1H 2020). Profit margin: 4.8% (down from 7.6% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Executive Departure • May 04Independent Non-Executive Chairman David Howell has left the companyOn the 30th of April, David Howell's tenure as Independent Non-Executive Chairman ended after 5.4 years in the role. As of December 2020, David personally held 62.25k shares (€323k worth at the time). David is the only executive to leave the company over the last 12 months.Is New 90 Day High Low • Feb 26New 90-day high: €5.45The company is up 15% from its price of €4.75 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.31 per share.Is New 90 Day High Low • Feb 04New 90-day high: €5.40The company is up 34% from its price of €4.04 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.26 per share.Analyst Estimate Surprise Post Earnings • Jan 14Revenue beats expectationsRevenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 56%, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany.Reported Earnings • Jan 14Full year 2020 earnings released: UK£0.008 loss per shareThe company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: UK£892.0m (down 28% from FY 2019). Net loss: UK£3.70m (down 102% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Jan 14Revenue beats expectationsRevenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 56%, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany.Is New 90 Day High Low • Dec 29New 90-day high: €5.15The company is up 40% from its price of €3.67 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.95 per share.공시 • Dec 22Countryside Properties PLC Announces New Collaboration Agreement with Sigma CapitalCountryside Properties plc announced that it has further expanded its strategic relationship with Sigma Capital plc. The new Collaboration Agreement ("Agreement") will deliver up to 5,000 new PRS homes across multiple regions in England over the next three years. The Agreement further expands Countryside and Sigma's well-established, successful partnership and builds on a similar agreement signed between the two companies in June 2018 for the delivery of 5,000 PRS homes that have now either been built or are under construction. Countryside continues to see attractive opportunities for growth to deliver a mix of private for sale, PRS and affordable homes, supporting its target of delivering 8,000 homes p.a. in Partnerships by 2023.Is New 90 Day High Low • Dec 05New 90-day high: €5.07The company is up 41% from its price of €3.60 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.13 per share.공시 • Dec 04Countryside Properties plc Announces the Resignation of David Howell as Non-Executive ChairmanCountryside Properties PLC announced that David Howell, Non-Executive Chairman, has informed the Company of his intention to step down from the Board during 2021.Reported Earnings • Dec 04Full year 2020 earnings released: UK£0.008 loss per shareThe company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: UK£892.0m (down 28% from FY 2019). Net loss: UK£3.70m (down 102% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Dec 04Revenue beats expectationsRevenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 58%, compared to a 4.0% growth forecast for the Consumer Durables industry in Germany.공시 • Dec 04Countryside Properties plc Announces No Dividend for the Year 2020Countryside Properties PLC announced no interim dividend would be paid in 2020. As a result of the impact which the pandemic has had on this year's financial performance, no final dividend has been recommended for 2020 (2019: 10.3 pence per share). Consequently, no dividend will be paid in respect of the full year's performance in 2020 (2019: 16.3 pence per share).Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 17% share price gain to UK£4.44, the stock is trading at a trailing P/E ratio of 12.9x, up from the previous P/E ratio of 11x. This compares to an average P/E of 28x in the Consumer Durables industry in Germany. Total returns to shareholders over the past three years are 30%.Is New 90 Day High Low • Oct 13New 90-day high: €4.09The company is up 3.0% from its price of €3.98 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.69 per share.공시 • Jul 24Countryside Properties PLC has completed a Follow-on Equity Offering in the amount of £244.494671 million.Countryside Properties PLC has completed a Follow-on Equity Offering in the amount of £244.494671 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 72,983,484 Price\Range: £3.35 Transaction Features: Regulation S; Subsequent Direct Listing주주 수익률6CODE Consumer DurablesDE 시장7D-4.1%-2.4%-0.9%1Y-56.0%-12.2%1.9%전체 주주 수익률 보기수익률 대 산업: 6CO은 지난 1년 동안 -12.2%의 수익을 기록한 German Consumer Durables 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 6CO은 지난 1년 동안 1.9%를 기록한 German 시장보다 저조한 성과를 냈습니다.주가 변동성Is 6CO's price volatile compared to industry and market?6CO volatility6CO Average Weekly Movement7.2%Consumer Durables Industry Average Movement4.5%Market Average Movement5.8%10% most volatile stocks in DE Market13.4%10% least volatile stocks in DE Market2.8%안정적인 주가: 6CO의 주가는 지난 3개월 동안 German 시장보다 변동성이 컸습니다.시간에 따른 변동성: 6CO의 주간 변동성(7%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트19582,045Daniel McGowanwww.countrysidepartnerships.com더 보기Countryside Partnerships PLC 기초 지표 요약Countryside Partnerships의 순이익과 매출은 시가총액과 어떻게 비교됩니까?6CO 기초 통계시가총액€1.15b순이익 (TTM)-€132.33m매출 (TTM)€1.50b0.8x주가매출비율(P/S)-8.9x주가수익비율(P/E)6CO는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표6CO 손익계산서 (TTM)매출UK£1.31b매출원가UK£1.21b총이익UK£104.50m기타 비용UK£220.20m순이익-UK£115.70m최근 보고된 실적Mar 31, 2022다음 실적 발표일해당 없음주당순이익(EPS)-0.23총이익률7.96%순이익률-8.81%부채/자본 비율20.6%6CO의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2022/11/15 12:18종가2022/11/10 00:00수익2022/03/31연간 수익2021/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Countryside Partnerships PLC는 6명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Gavin JagoBarclaysDonald TaitBerenbergSimon DaviesDeutsche Bank3명의 분석가 더 보기
공시 • Nov 14Countryside Partnerships Announces Cancellation of SecuritiesAt the request of Countryside Partnerships PLC, ordinary shares of 1p each, fully paid, have been cancelled from admission to trading on London Stock Exchange with 08:00 on November 14, 2022.
공시 • Nov 12+ 5 more updatesCountryside Partnerships Provides Listing Cancelation UpdateCountryside Partnerships PLC and Vistry announced that the Scheme has now become Effective in accordance with its terms, following sanction of the Scheme by the Court on 10 November 2022 and the delivery of the Scheme Court Order to the Registrar of Companies, 11 November 2022. The entire issued ordinary share capital of Countryside is owned by Vistry. Applications have been made to the FCA and the London Stock Exchange for the cancellation of Countryside's listing on the premium listing segment of the Official List and the trading of Countryside Shares on the London Stock Exchange's Main Market, which is expected to take place with effect from 8.00 a.m. on 14 November 2022.
공시 • Nov 11Vistry Group PLC (LSE:VTY) completed the acquisition of Countryside Partnerships PLC (LSE:CSP) from a group of shareholders.Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £2.1 billion on September 5, 2022. As per the transaction, shareholders will receive the full amount of cash for every 0.255 new Vistryshare under an election to receive more cash in place of new Vistryshares in respect of each Countryside share is 153.765 pence. This is in addition to the 60p in cash due for each Countryside share. Shareholders will receive the full amount of a new Vistryshare for every 60p in cash under if they opt to receive more new Vistryshares in place of cash in respect of each Countryside Share is 0.099 of a new Vistry share. This is in addition to the 0.255 new Vistryshares due for each Countryside share. The transaction is unanimously approved by board of directors of Countryside Partnerships PLC and is subject to approval by shareholders of Vistry Group PLC and Countryside Partnerships PLC and court approvals. The transaction is expected to close by the end of the first quarter of 2023. Keith Welch, Diraj Ramchandani, Simon Alexander and Adam Miller of HSBC Bank plc and Vasco Litchfield, Patrick Long and Louise Campbell of Lazard & Co., Limited acted as financial advisors and Linklaters LLP acted as legal advisor to Vistry Group PLC. Alex Midgen, Peter Everest and Nikhil Walia of N M Rothschild & Sons Limited, Robert Mayhew and Richard Bassingthwaighte of Barclays Bank PLC and Heraclis Economides and Oliver Hardy of Numis Securities Limited acted as financial advisors and Norton Rose Fulbright LLP acted as legal advisor to Countryside Partnerships PLC (LSE:CSP). Vistry Group PLC (LSE:VTY) completed the acquisition of Countryside Partnerships PLC (LSE:CSP) from a group of shareholders on November 10, 2022.
공시 • Oct 10FCA to Cancel Trading in Countryside Shares from Official List and Main Market of London Stock ExchangeOn 5 September 2022, the boards of Countryside Partnerships PLC (Countryside) and Vistry Group PLC ("Vistry") announced that they had reached agreement on the terms of a recommended cash and share combination pursuant to which Vistry will acquire the entire issued and to be issued ordinary share capital of Countryside (Combination). It is intended that following the Combination becoming Effective, the London Stock Exchange and FCA will be requested respectively to cancel trading in Countryside Shares on the London Stock Exchange's main market for listed securities and to remove the listing of the Countryside Shares from the Official List, in each case shortly after the Effective Date.
공시 • Sep 07Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £1.2 billion.Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £1.2 billion on September 5, 2022. The transaction is unanimously approved by board of directors of Countryside Partnerships PLC and is subject to approval by shareholders of Vistry Group PLC and Countryside Partnerships PLC and court approvals. The transaction is expected to close by the end of the first quarter of 2023. Keith Welch, Diraj Ramchandani, Simon Alexander and Adam Miller of HSBC Bank plc and Vasco Litchfield, Patrick Long and Louise Campbell of Lazard & Co., Limited acted as financial advisors and Linklaters LLP acted as legal advisor to Vistry Group PLC. Alex Midgen, Peter Everest and Nikhil Walia of N M Rothschild & Sons Limited, Robert Mayhew and Richard Bassingthwaighte of Barclays Bank PLC and Heraclis Economides and Oliver Hardy of Numis Securities Limited acted as financial advisors and Norton Rose Fulbright LLP acted as legal advisor to Countryside Partnerships PLC (LSE:CSP).
공시 • Sep 05Countryside Partnerships and Vistry Reportedly in Merger TalksCountryside Partnerships PLC (LSE:CSP) and Vistry Group PLC (LSE:VTY) are nearing a deal to merge and form a $3.2 billion residential developer, according to people familiar with the matter, representing a win for U.S.-based activist investor Browning West LP. The deal, in which Vistry is expected to pay mostly stock for its counterpart, could be announced as soon as this coming week, the people said. A possibility remains, however, that the talks break down before terms are finalized. By joining forces Countryside and Vistry would have a combined market value of about £2.75 billion, equivalent to $3.2 billion, based on their latest values. The combined entity would gain greater scale to better combat the risk of a slowing housing market in the U.K. amid record-setting inflation, rising interest rates and the prospect of a lengthy recession. The stocks of both Countryside and Vistry are lower so far in the year 2022. Countryside, though, has underperformed and the company has suffered from senior management upheaval, placing it under greater shareholder pressure to strike a deal. In January, the company’s then chief executive officer resigned following the release of disappointing profit and revenue results. That same month, Peter Lee, a partner at Browning West, which currently owns about 15% of Countryside, joined the board. Then in June, 2022, the builder, which has most recently been headed by interim co-chief executives, put itself up for sale. That move came following pressure from Browning, which focuses its investments in North America and Western Europe, and Countryside’s rejection as too low of a £1.5 billion takeover offer from Inclusive Capital Partners LP. A deal involving mostly stock, like the transaction that Countryside and Vistry are targeting, can overcome that challenge by allowing shareholders of each company to hold shares in the combined entity and benefit from cost savings and any stock gains if the merger succeeds and overall market conditions improve.
공시 • Nov 14Countryside Partnerships Announces Cancellation of SecuritiesAt the request of Countryside Partnerships PLC, ordinary shares of 1p each, fully paid, have been cancelled from admission to trading on London Stock Exchange with 08:00 on November 14, 2022.
공시 • Nov 12+ 5 more updatesCountryside Partnerships Provides Listing Cancelation UpdateCountryside Partnerships PLC and Vistry announced that the Scheme has now become Effective in accordance with its terms, following sanction of the Scheme by the Court on 10 November 2022 and the delivery of the Scheme Court Order to the Registrar of Companies, 11 November 2022. The entire issued ordinary share capital of Countryside is owned by Vistry. Applications have been made to the FCA and the London Stock Exchange for the cancellation of Countryside's listing on the premium listing segment of the Official List and the trading of Countryside Shares on the London Stock Exchange's Main Market, which is expected to take place with effect from 8.00 a.m. on 14 November 2022.
공시 • Nov 11Vistry Group PLC (LSE:VTY) completed the acquisition of Countryside Partnerships PLC (LSE:CSP) from a group of shareholders.Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £2.1 billion on September 5, 2022. As per the transaction, shareholders will receive the full amount of cash for every 0.255 new Vistryshare under an election to receive more cash in place of new Vistryshares in respect of each Countryside share is 153.765 pence. This is in addition to the 60p in cash due for each Countryside share. Shareholders will receive the full amount of a new Vistryshare for every 60p in cash under if they opt to receive more new Vistryshares in place of cash in respect of each Countryside Share is 0.099 of a new Vistry share. This is in addition to the 0.255 new Vistryshares due for each Countryside share. The transaction is unanimously approved by board of directors of Countryside Partnerships PLC and is subject to approval by shareholders of Vistry Group PLC and Countryside Partnerships PLC and court approvals. The transaction is expected to close by the end of the first quarter of 2023. Keith Welch, Diraj Ramchandani, Simon Alexander and Adam Miller of HSBC Bank plc and Vasco Litchfield, Patrick Long and Louise Campbell of Lazard & Co., Limited acted as financial advisors and Linklaters LLP acted as legal advisor to Vistry Group PLC. Alex Midgen, Peter Everest and Nikhil Walia of N M Rothschild & Sons Limited, Robert Mayhew and Richard Bassingthwaighte of Barclays Bank PLC and Heraclis Economides and Oliver Hardy of Numis Securities Limited acted as financial advisors and Norton Rose Fulbright LLP acted as legal advisor to Countryside Partnerships PLC (LSE:CSP). Vistry Group PLC (LSE:VTY) completed the acquisition of Countryside Partnerships PLC (LSE:CSP) from a group of shareholders on November 10, 2022.
공시 • Oct 10FCA to Cancel Trading in Countryside Shares from Official List and Main Market of London Stock ExchangeOn 5 September 2022, the boards of Countryside Partnerships PLC (Countryside) and Vistry Group PLC ("Vistry") announced that they had reached agreement on the terms of a recommended cash and share combination pursuant to which Vistry will acquire the entire issued and to be issued ordinary share capital of Countryside (Combination). It is intended that following the Combination becoming Effective, the London Stock Exchange and FCA will be requested respectively to cancel trading in Countryside Shares on the London Stock Exchange's main market for listed securities and to remove the listing of the Countryside Shares from the Official List, in each case shortly after the Effective Date.
공시 • Sep 07Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £1.2 billion.Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £1.2 billion on September 5, 2022. The transaction is unanimously approved by board of directors of Countryside Partnerships PLC and is subject to approval by shareholders of Vistry Group PLC and Countryside Partnerships PLC and court approvals. The transaction is expected to close by the end of the first quarter of 2023. Keith Welch, Diraj Ramchandani, Simon Alexander and Adam Miller of HSBC Bank plc and Vasco Litchfield, Patrick Long and Louise Campbell of Lazard & Co., Limited acted as financial advisors and Linklaters LLP acted as legal advisor to Vistry Group PLC. Alex Midgen, Peter Everest and Nikhil Walia of N M Rothschild & Sons Limited, Robert Mayhew and Richard Bassingthwaighte of Barclays Bank PLC and Heraclis Economides and Oliver Hardy of Numis Securities Limited acted as financial advisors and Norton Rose Fulbright LLP acted as legal advisor to Countryside Partnerships PLC (LSE:CSP).
공시 • Sep 05Countryside Partnerships and Vistry Reportedly in Merger TalksCountryside Partnerships PLC (LSE:CSP) and Vistry Group PLC (LSE:VTY) are nearing a deal to merge and form a $3.2 billion residential developer, according to people familiar with the matter, representing a win for U.S.-based activist investor Browning West LP. The deal, in which Vistry is expected to pay mostly stock for its counterpart, could be announced as soon as this coming week, the people said. A possibility remains, however, that the talks break down before terms are finalized. By joining forces Countryside and Vistry would have a combined market value of about £2.75 billion, equivalent to $3.2 billion, based on their latest values. The combined entity would gain greater scale to better combat the risk of a slowing housing market in the U.K. amid record-setting inflation, rising interest rates and the prospect of a lengthy recession. The stocks of both Countryside and Vistry are lower so far in the year 2022. Countryside, though, has underperformed and the company has suffered from senior management upheaval, placing it under greater shareholder pressure to strike a deal. In January, the company’s then chief executive officer resigned following the release of disappointing profit and revenue results. That same month, Peter Lee, a partner at Browning West, which currently owns about 15% of Countryside, joined the board. Then in June, 2022, the builder, which has most recently been headed by interim co-chief executives, put itself up for sale. That move came following pressure from Browning, which focuses its investments in North America and Western Europe, and Countryside’s rejection as too low of a £1.5 billion takeover offer from Inclusive Capital Partners LP. A deal involving mostly stock, like the transaction that Countryside and Vistry are targeting, can overcome that challenge by allowing shareholders of each company to hold shares in the combined entity and benefit from cost savings and any stock gains if the merger succeeds and overall market conditions improve.
공시 • Jul 13Countryside Partnerships plc Announces Resignation of Non-Executive ChairThe Board of Countryside Partnerships PLC announced that John Martin, Non-Executive Chair, has informed the Board of his decision to resign from all his roles at the Company with immediate effect. Douglas Hurt, Senior Independent Director takes over the role of Non-Executive Chair and Chair of the Nomination Committee and Amanda Burton is appointed Senior Independent Director with immediate effect. There is no change to the previous financial guidance for adjusted operating profit for the full year ending 30 September 2022.
공시 • Jun 07Browning West LP Communicates with Countryside Partnerships PlcOn June 6, 2022, Browning West LP communicated with Countryside Partnerships Plc urging to analyze all possible alternatives and sell the Company to the potential buyers. In addition, Browning West LP said that it was supportive of any proposal from shareholders that the board run a formal sale process for the company and would welcome the opportunity to participate in any such process.
공시 • May 31Inclusive Capital Partners, L.P. cancel the acquisition of remaining 90.8% stake in Countryside Partnerships PLC (LSE:CSP) for £1.02 billion.Inclusive Capital Partners, L.P. made the offer to acquire remaining 90.8% stake in Countryside Partnerships PLC (LSE:CSP) for £1.02 billion on April 14, 2022. Under the offer, Inclusive Capital Partners, L.P. will acquire shares at £ 2.25 (225 pence) per share and a contingent entitlement of up to a maximum of 59 pence, structured as a contingent value right. On May 17, 2022, Inclusive Capital Partners, L.P. revised its offer price to £ 2.95 (295 pence) per share. Under the revised offer, Inclusive Capital Partners, L.P. will acquire remaining 90.8% stake in Countryside Partnerships PLC for £1.3 billion. Pursuant to the revised offer, it is also currently expected that as an alternative to the Cash Offer, an eligible Countryside shareholder would be entitled to elect to receive rollover ordinary shares (the "Rollover Securities") in exchange for their holding of Countryside shares at a ratio to be specified at later stage (Alternative Offer), subject to the indicative terms and conditions of the alternative offer. Under the Alternative Offer, it is proposed that eligible Countryside shareholders would be entitled to either; elect for the Alternative Offer in relation to their entire holding of Countryside shares; or elect for the Alternative Offer in relation to at least 50 per cent. of their holding of Countryside shares (with the remaining percentage of such Countryside shareholder's shareholding being settled by way of the Cash Offer). The maximum number of Rollover Securities available to Countryside shareholder under the Alternative Offer would be limited to 30%. If valid elections were to be made from eligible Countryside shareholders that would require the issue of Rollover Securities exceeding the Alternative Offer Maximum, the number of Rollover Securities to be issued in respect of each Countryside share would be rounded down on a pro rata basis, and the balance of the consideration for each Countryside Share would be paid in cash in accordance with the terms of the Cash Offer. The availability of the Alternative Offer would also be conditional upon valid elections being made for such number of Rollover Securities as represent at least 5 per cent. of the issued ordinary share capital of Holdco at completion of the Possible Offer, failing which the Alternative Offer would lapse and no Rollover Securities would be issued. The proposals were subject to the satisfaction or waiver by Inclusive Capital of several pre-conditions, including the completion of detailed due diligence. The offer would be subject to any requisite anti-trust or regulatory approvals and other customary conditions. The Board of Directors of Countryside Partnerships PLC has rejected the first offer of April 14, 2022 on April 22, 2022. The Board of Directors of Countryside Partnerships PLC has also rejected the revised offer on May 26, 2022. Countryside Partnerships PLC shareholders are strongly advised to take no action in relation to the approach from Inclusive Capital. Alex Midgen and Peter Everest of Rothschild & Co acted as financial advisers to Countryside Partnerships PLC. Mark Aedy and Liam Beere of Moelis & Company UK LLP acted as financial advisers to Inclusive Capital Partners, L.P. while Kirkland & Ellis International LLP acted as legal adviser to Inclusive Capital Partners, L.P. Inclusive Capital Partners, L.P. cancel the acquisition of remaining 90.8% stake in Countryside Partnerships PLC (LSE:CSP) on May 26, 2022.
Reported Earnings • May 20First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£31.9m from profit in 1H 2021). Profit margin: (down from 4.8% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 28%, compared to a 7.6% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
공시 • Apr 05Countryside Partnerships PLC to Report First Half, 2022 Results on May 19, 2022Countryside Partnerships PLC announced that they will report first half, 2022 results on May 19, 2022
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €3.16, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.98 per share.
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment deteriorated over the past weekAfter last week's 29% share price decline to €3.78, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Consumer Durables industry in Germany. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.50 per share.
Recent Insider Transactions • Dec 23Key Executive recently bought €273k worth of stockOn the 20th of December, Iain McPherson bought around 56k shares on-market at roughly €4.88 per share. This was the largest purchase by an insider in the last 3 months. This was Iain's only on-market trade for the last 12 months.
Recent Insider Transactions • Dec 03Independent Non Executive Chairman recently bought €235k worth of stockOn the 1st of December, John Martin bought around 47k shares on-market at roughly €4.95 per share. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months.
Reported Earnings • Dec 01Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: UK£0.14 (up from UK£0.008 loss in FY 2020). Revenue: UK£1.37b (up 54% from FY 2020). Net income: UK£72.3m (up UK£76.0m from FY 2020). Profit margin: 5.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 28%, compared to a 4.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Executive Departure • Dec 01Group CFO & Executive Director Michael Scott has left the companyOn the 30th of November, Michael Scott's tenure as Group CFO & Executive Director ended after 3.2 years in the role. As of September 2021, Michael still personally held 94.58k shares (€553k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.83 years, which is considered inexperienced in the Simply Wall St Risk Model.
Reported Earnings • May 15First half 2021 earnings released: EPS UK£0.061 (vs UK£0.081 in 1H 2020)The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: UK£661.0m (up 37% from 1H 2020). Net income: UK£31.9m (down 12% from 1H 2020). Profit margin: 4.8% (down from 7.6% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Executive Departure • May 04Independent Non-Executive Chairman David Howell has left the companyOn the 30th of April, David Howell's tenure as Independent Non-Executive Chairman ended after 5.4 years in the role. As of December 2020, David personally held 62.25k shares (€323k worth at the time). David is the only executive to leave the company over the last 12 months.
Is New 90 Day High Low • Feb 26New 90-day high: €5.45The company is up 15% from its price of €4.75 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.31 per share.
Is New 90 Day High Low • Feb 04New 90-day high: €5.40The company is up 34% from its price of €4.04 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.26 per share.
Analyst Estimate Surprise Post Earnings • Jan 14Revenue beats expectationsRevenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 56%, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany.
Reported Earnings • Jan 14Full year 2020 earnings released: UK£0.008 loss per shareThe company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: UK£892.0m (down 28% from FY 2019). Net loss: UK£3.70m (down 102% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Jan 14Revenue beats expectationsRevenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 56%, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany.
Is New 90 Day High Low • Dec 29New 90-day high: €5.15The company is up 40% from its price of €3.67 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.95 per share.
공시 • Dec 22Countryside Properties PLC Announces New Collaboration Agreement with Sigma CapitalCountryside Properties plc announced that it has further expanded its strategic relationship with Sigma Capital plc. The new Collaboration Agreement ("Agreement") will deliver up to 5,000 new PRS homes across multiple regions in England over the next three years. The Agreement further expands Countryside and Sigma's well-established, successful partnership and builds on a similar agreement signed between the two companies in June 2018 for the delivery of 5,000 PRS homes that have now either been built or are under construction. Countryside continues to see attractive opportunities for growth to deliver a mix of private for sale, PRS and affordable homes, supporting its target of delivering 8,000 homes p.a. in Partnerships by 2023.
Is New 90 Day High Low • Dec 05New 90-day high: €5.07The company is up 41% from its price of €3.60 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.13 per share.
공시 • Dec 04Countryside Properties plc Announces the Resignation of David Howell as Non-Executive ChairmanCountryside Properties PLC announced that David Howell, Non-Executive Chairman, has informed the Company of his intention to step down from the Board during 2021.
Reported Earnings • Dec 04Full year 2020 earnings released: UK£0.008 loss per shareThe company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: UK£892.0m (down 28% from FY 2019). Net loss: UK£3.70m (down 102% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Dec 04Revenue beats expectationsRevenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 58%, compared to a 4.0% growth forecast for the Consumer Durables industry in Germany.
공시 • Dec 04Countryside Properties plc Announces No Dividend for the Year 2020Countryside Properties PLC announced no interim dividend would be paid in 2020. As a result of the impact which the pandemic has had on this year's financial performance, no final dividend has been recommended for 2020 (2019: 10.3 pence per share). Consequently, no dividend will be paid in respect of the full year's performance in 2020 (2019: 16.3 pence per share).
Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 17% share price gain to UK£4.44, the stock is trading at a trailing P/E ratio of 12.9x, up from the previous P/E ratio of 11x. This compares to an average P/E of 28x in the Consumer Durables industry in Germany. Total returns to shareholders over the past three years are 30%.
Is New 90 Day High Low • Oct 13New 90-day high: €4.09The company is up 3.0% from its price of €3.98 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.69 per share.
공시 • Jul 24Countryside Properties PLC has completed a Follow-on Equity Offering in the amount of £244.494671 million.Countryside Properties PLC has completed a Follow-on Equity Offering in the amount of £244.494671 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 72,983,484 Price\Range: £3.35 Transaction Features: Regulation S; Subsequent Direct Listing
