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U.K. (FTSE) Construction Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies14
  • 7D3.0%
  • 3M1.8%
  • 1Y60.1%
  • YTD3.1%

The Construction industry is up 3.0% in the last week, with Balfour Beatty up 4.3%. This takes the industry's 12 month performance to a gain of 60%. Earnings are forecast to grow by 4.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026UK£9.9bUK£26.6bUK£758.5m12.9x13.1x0.4x
Tue, 03 Mar 2026UK£10.5bUK£25.9bUK£661.9m15.3x15.9x0.4x
Thu, 29 Jan 2026UK£9.9bUK£25.6bUK£638.3m15x15.6x0.4x
Sat, 27 Dec 2025UK£9.7bUK£25.6bUK£638.5m13.9x15.2x0.4x
Mon, 24 Nov 2025UK£9.0bUK£25.6bUK£641.9m14x14.1x0.4x
Wed, 22 Oct 2025UK£9.4bUK£25.6bUK£638.4m15.5x14.8x0.4x
Fri, 19 Sep 2025UK£8.8bUK£25.6bUK£640.6m13.7x13.8x0.3x
Sun, 17 Aug 2025UK£8.6bUK£25.7bUK£642.0m14.3x13.3x0.3x
Tue, 15 Jul 2025UK£8.5bUK£25.0bUK£637.8m14.6x13.3x0.3x
Thu, 12 Jun 2025UK£7.9bUK£25.0bUK£638.8m13.8x12.3x0.3x
Sat, 10 May 2025UK£7.6bUK£24.9bUK£636.3m13.3x11.9x0.3x
Mon, 07 Apr 2025UK£6.3bUK£24.9bUK£638.4m10.7x9.9x0.3x
Wed, 05 Mar 2025UK£6.8bUK£24.7bUK£666.7m11x10.3x0.3x
Fri, 31 Jan 2025UK£7.2bUK£24.5bUK£658.9m11.7x10.9x0.3x
Sun, 29 Dec 2024UK£7.7bUK£24.5bUK£651.0m12x11.8x0.3x
Tue, 26 Nov 2024UK£7.8bUK£24.5bUK£668.1m11.9x11.7x0.3x
Thu, 24 Oct 2024UK£8.0bUK£24.4bUK£666.6m11.8x12x0.3x
Sat, 21 Sep 2024UK£7.3bUK£24.2bUK£645.0m11.9x11.4x0.3x
Mon, 19 Aug 2024UK£7.3bUK£24.0bUK£627.3m16.1x11.6x0.3x
Wed, 17 Jul 2024UK£7.0bUK£23.7bUK£551.0m15.5x12.8x0.3x
Fri, 14 Jun 2024UK£6.4bUK£24.2bUK£563.0m12.4x11.4x0.3x
Sun, 12 May 2024UK£6.4bUK£24.1bUK£562.8m11.9x11.4x0.3x
Tue, 09 Apr 2024UK£6.0bUK£24.1bUK£550.0m10x10.9x0.2x
Thu, 07 Mar 2024UK£5.7bUK£23.5bUK£682.3m8.6x8.4x0.2x
Sat, 03 Feb 2024UK£5.6bUK£23.3bUK£600.3m11x9.3x0.2x
Mon, 01 Jan 2024UK£5.5bUK£23.3bUK£601.5m9.9x9.1x0.2x
Wed, 29 Nov 2023UK£5.3bUK£23.3bUK£594.2m9.4x8.9x0.2x
Fri, 27 Oct 2023UK£4.8bUK£23.3bUK£595.5m8.9x8x0.2x
Sun, 24 Sep 2023UK£5.3bUK£23.3bUK£595.6m9.5x8.9x0.2x
Tue, 22 Aug 2023UK£5.0bUK£23.0bUK£583.6m9.8x8.5x0.2x
Thu, 20 Jul 2023UK£5.2bUK£22.4bUK£604.7m12.3x8.7x0.2x
Sat, 17 Jun 2023UK£5.1bUK£22.4bUK£605.4m12.2x8.4x0.2x
Mon, 15 May 2023UK£5.3bUK£22.3bUK£501.5m13.7x10.5x0.2x
Wed, 12 Apr 2023UK£5.0bUK£22.3bUK£502.0m13.1x10x0.2x
Price to Earnings Ratio

10x


Total Market Cap: UK£5.0bTotal Earnings: UK£502.0mTotal Revenue: UK£22.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Construction Industry Price to Earnings3Y Average 11.4x202420252026
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 13.1x which is higher than its 3-year average PE of 11.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.29x.
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 6.1% 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 Market4.54%
Industrials6.08%
Construction2.97%
Construction and Engineering2.97%
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
BBY Balfour BeattyUK£7.784.3%
+UK£153.0m		92.3%PE14.3x
RNWH Renew HoldingsUK£8.906.7%
+UK£44.3m		39.7%PE15.9x
MGNS Morgan Sindall GroupUK£42.301.9%
+UK£37.3m		33.4%PE11.3x
KLR Keller GroupUK£19.722.5%
+UK£33.3m		51.5%PE9.6x
COST Costain GroupUK£1.903.0%
+UK£14.9m		90.9%PE13.5x

Latest News

BBY
UK£7.78
Balfour Beatty
7D
4.3%
1Y
92.3%
COST
UK£1.90
Costain Group
7D
3.0%
1Y
90.9%
KIE
UK£1.96
Kier Group
7D
-0.7%
1Y
67.5%

KIE: Neutral Stance Will Balance Fusion Contract Upside And Execution Risks

Analysts have lowered their price target for Kier Group from £2.20 to £2.15, citing slightly softer assumptions on revenue growth, profit margins and future P/E multiples. This has resulted in a modest recalibration of fair value expectations.
BILN
UK£3.65
Billington Holdings
7D
7.4%
1Y
-15.1%
KLR
UK£19.72
Keller Group
7D
2.5%
1Y
51.5%

KLR: Higher Dividend And Buybacks Will Support A Fairly Priced Outlook

Analysts have lifted the price target on Keller Group to £22.00 from £16.60, reflecting updated fair value estimates and revised long term P/E assumptions that suggest the shares are now closer to what analysts see as fairly valued. Analyst Commentary Recent research points to a more balanced view on Keller Group, with the higher £22.00 price target sitting alongside a move to a Hold stance.
GFRD
UK£4.99
Galliford Try Holdings
7D
1.6%
1Y
55.3%
VANL
UK£0.32
Van Elle Holdings
7D
-4.5%
1Y
-3.0%

VANL: Steady Margins And P/E Assumptions Will Support Earnings Rebound

Analysts have nudged their fair value estimate for Van Elle Holdings to £0.47 per share. This represents a modest change that reflects updated assumptions for the discount rate and future P/E, while revenue growth and profit margin expectations remain broadly consistent.
SMJ
UK£1.13
J. Smart (Contractors)
7D
-4.3%
1Y
0%
MGNS
UK£42.30
Morgan Sindall Group
7D
1.9%
1Y
33.4%
HERC
UK£0.34
Hercules
7D
-1.4%
1Y
-27.4%
SFR
UK£0.26
Severfield
7D
0.8%
1Y
30.5%
DIAL
UK£0.21
Diales Group
7D
-6.5%
1Y
16.2%
RNWH
UK£8.90
Renew Holdings
7D
6.7%
1Y
39.7%