Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.K. (FTSE) Construction Industry Analysis

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies14
  • 7D2.2%
  • 3M4.3%
  • 1Y44.0%
  • YTD3.5%

Over the last 7 days, the Construction industry has risen 2.2%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 44%. Earnings are forecast to grow by 8.0% annually.

Industry Valuation and Performance

Has the U.K. Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Jan 2026UK£10.0bUK£25.6bUK£638.5m14.6x15.6x0.4x
Wed, 10 Dec 2025UK£9.8bUK£25.6bUK£637.8m15.2x15.3x0.4x
Fri, 07 Nov 2025UK£9.2bUK£25.6bUK£638.4m14.8x14.5x0.4x
Sun, 05 Oct 2025UK£9.4bUK£25.6bUK£640.6m15.4x14.7x0.4x
Tue, 02 Sep 2025UK£8.4bUK£25.6bUK£642.7m13.8x13.1x0.3x
Thu, 31 Jul 2025UK£8.5bUK£25.1bUK£640.1m14.3x13.3x0.3x
Sat, 28 Jun 2025UK£8.5bUK£25.0bUK£639.0m14.5x13.4x0.3x
Mon, 26 May 2025UK£7.8bUK£25.0bUK£639.1m13.6x12.2x0.3x
Wed, 23 Apr 2025UK£6.8bUK£24.9bUK£636.3m11.9x10.7x0.3x
Fri, 21 Mar 2025UK£6.7bUK£24.9bUK£638.4m10.8x10.5x0.3x
Sun, 16 Feb 2025UK£7.4bUK£24.5bUK£658.9m11.6x11.2x0.3x
Tue, 14 Jan 2025UK£7.2bUK£24.5bUK£650.9m10.8x11x0.3x
Thu, 12 Dec 2024UK£7.8bUK£24.6bUK£651.0m11.9x12x0.3x
Sat, 09 Nov 2024UK£7.8bUK£24.4bUK£666.6m11.4x11.7x0.3x
Mon, 07 Oct 2024UK£7.4bUK£24.4bUK£666.7m10.7x11.1x0.3x
Wed, 04 Sep 2024UK£7.3bUK£24.0bUK£635.7m16x11.4x0.3x
Fri, 02 Aug 2024UK£7.1bUK£23.7bUK£551.7m15.8x12.9x0.3x
Sun, 30 Jun 2024UK£6.3bUK£23.7bUK£551.0m14.7x11.5x0.3x
Tue, 28 May 2024UK£6.6bUK£24.2bUK£563.1m12.2x11.8x0.3x
Thu, 25 Apr 2024UK£6.1bUK£24.1bUK£552.9m10.4x11x0.3x
Sat, 23 Mar 2024UK£6.0bUK£24.1bUK£549.9m10.1x10.9x0.2x
Mon, 19 Feb 2024UK£5.5bUK£23.3bUK£600.2m10.8x9.1x0.2x
Wed, 17 Jan 2024UK£5.5bUK£23.3bUK£601.4m9.4x9.1x0.2x
Fri, 15 Dec 2023UK£5.3bUK£23.3bUK£599.0m8.7x8.9x0.2x
Sun, 12 Nov 2023UK£5.1bUK£23.3bUK£595.6m9.3x8.6x0.2x
Tue, 10 Oct 2023UK£5.0bUK£23.3bUK£595.6m9x8.4x0.2x
Thu, 07 Sep 2023UK£5.1bUK£23.0bUK£579.4m9.8x8.8x0.2x
Sat, 05 Aug 2023UK£5.2bUK£22.8bUK£619.7m9.7x8.3x0.2x
Mon, 03 Jul 2023UK£5.0bUK£22.4bUK£605.3m11.8x8.3x0.2x
Wed, 31 May 2023UK£5.2bUK£22.4bUK£596.8m12.3x8.7x0.2x
Fri, 28 Apr 2023UK£5.2bUK£22.3bUK£501.5m12.9x10.3x0.2x
Sun, 26 Mar 2023UK£5.0bUK£22.3bUK£501.5m12.3x10x0.2x
Tue, 21 Feb 2023UK£5.2bUK£20.9bUK£412.2m13.7x12.6x0.2x
Thu, 19 Jan 2023UK£5.1bUK£20.9bUK£415.3m18.8x12.3x0.2x
Price to Earnings Ratio

12.3x


Total Market Cap: UK£5.1bTotal Earnings: UK£415.3mTotal Revenue: UK£20.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Construction Industry Price to Earnings3Y Average 11.2x202420252026
Current Industry PE
  • Investors are optimistic on the British Construction industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 15.6x which is higher than its 3-year average PE of 11.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.28x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 6.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.K. Industrials industry?

GB Market1.34%
Industrials4.29%
Construction2.20%
Construction and Engineering2.20%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MGNS Morgan Sindall GroupUK£49.003.3%
+UK£72.5m		37.3%PE15.1x
BBY Balfour BeattyUK£7.271.0%
+UK£33.6m		69.8%PE19.3x
GFRD Galliford Try HoldingsUK£5.465.2%
+UK£25.8m		49.2%PE15.9x
KIE Kier GroupUK£2.241.6%
+UK£15.5m		71.4%PE17.5x
KLR Keller GroupUK£16.881.3%
+UK£14.6m		27.1%PE8.4x

Latest News

GFRD
UK£5.46
Galliford Try Holdings
7D
5.2%
1Y
49.2%

GFRD: Hyde Framework Appointment Will Support Future Share Rerating

Analysts have nudged their price target on Galliford Try Holdings higher, with fair value moving from £5.98 to about £6.16. They cite updated assumptions around a slightly lower discount rate, near unchanged revenue growth and profit margin expectations, and a modestly higher future P/E multiple.
KIE
UK£2.24
Kier Group
7D
1.6%
1Y
71.4%

Not Many Are Piling Into Kier Group plc (LON:KIE) Just Yet

Jan 10
Not Many Are Piling Into Kier Group plc (LON:KIE) Just Yet
BBY
UK£7.27
Balfour Beatty
7D
1.0%
1Y
69.8%

BBY: Higher P/E Assumptions Will Likely Limit Future Share Upside

Analysts have raised their price target on Balfour Beatty to £7.55 from £6.40, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and a higher future P/E. Analyst Commentary Even with the new £7.55 price target, the tone from some research is more balanced than outright bullish.
COST
UK£1.62
Costain Group
7D
2.9%
1Y
68.0%

COST: Nuclear Contracts And Utilities Partnership Will Support Steady Longer Term Prospects

Analysts have raised their price target for Costain Group from £1.15 to £1.50, citing updated assumptions in their models. These include expectations of higher revenue growth, a slightly adjusted discount rate, modestly lower profit margins and a higher future P/E multiple.
MGNS
UK£49.00
Morgan Sindall Group
7D
3.3%
1Y
37.3%

MGNS: Slight Model Tweaks Will Support Stable Outlook And Fair Value

Analysts have nudged their price target on Morgan Sindall Group higher by £0.50 per share, reflecting small model adjustments to fair value, discount rate, profit margin and future P/E assumptions. Valuation Changes Fair Value: revised slightly higher from £50.08 to £50.58 per share.
RNWH
UK£9.01
Renew Holdings
7D
1.0%
1Y
-1.1%

Renew Holdings (LON:RNWH) Is Increasing Its Dividend To £0.1333

Dec 20
Renew Holdings (LON:RNWH) Is Increasing Its Dividend To £0.1333
BILN
UK£3.75
Billington Holdings
7D
7.1%
1Y
-24.7%
KLR
UK£16.88
Keller Group
7D
1.3%
1Y
27.1%

Investors Will Want Keller Group's (LON:KLR) Growth In ROCE To Persist

Oct 20
Investors Will Want Keller Group's (LON:KLR) Growth In ROCE To Persist