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

U.K. (FTSE) Construction Industry Analysis

UpdatedJul 03, 2026
DataAggregated Company Financials
Companies13
  • 7D0.8%
  • 3M15.9%
  • 1Y39.9%
  • YTD19.4%

The Construction industry has stayed flat over the last week. The past year has been better, since the industry has gained 40% in that time. 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
Fri, 03 Jul 2026UK£11.3bUK£26.6bUK£729.7m15.3x15.5x0.4x
Sun, 31 May 2026UK£10.5bUK£26.7bUK£754.5m14.8x13.9x0.4x
Tue, 28 Apr 2026UK£10.5bUK£26.6bUK£753.8m14.7x13.9x0.4x
Thu, 26 Mar 2026UK£10.0bUK£26.6bUK£758.5m13.7x13.2x0.4x
Sat, 21 Feb 2026UK£11.0bUK£25.6bUK£638.3m16.4x17.2x0.4x
Mon, 19 Jan 2026UK£10.1bUK£25.6bUK£638.5m14.6x15.8x0.4x
Wed, 17 Dec 2025UK£9.7bUK£25.6bUK£638.5m13.9x15.2x0.4x
Fri, 14 Nov 2025UK£9.2bUK£25.6bUK£638.4m14.8x14.4x0.4x
Sun, 12 Oct 2025UK£9.5bUK£25.6bUK£638.4m15.5x14.9x0.4x
Tue, 09 Sep 2025UK£8.4bUK£25.6bUK£642.7m13.8x13.1x0.3x
Thu, 07 Aug 2025UK£8.5bUK£25.0bUK£637.0m14.3x13.4x0.3x
Sat, 05 Jul 2025UK£8.2bUK£25.0bUK£637.8m14.2x12.9x0.3x
Mon, 02 Jun 2025UK£7.8bUK£25.0bUK£639.1m13.8x12.3x0.3x
Wed, 30 Apr 2025UK£7.1bUK£24.9bUK£636.3m12.5x11.1x0.3x
Fri, 28 Mar 2025UK£6.9bUK£24.9bUK£638.4m11.7x10.9x0.3x
Sun, 23 Feb 2025UK£7.3bUK£24.5bUK£658.9m11.6x11.1x0.3x
Tue, 21 Jan 2025UK£7.4bUK£24.5bUK£652.0m11.5x11.3x0.3x
Thu, 19 Dec 2024UK£7.6bUK£24.6bUK£651.0m11.8x11.6x0.3x
Sat, 16 Nov 2024UK£7.8bUK£24.4bUK£666.6m12.1x11.7x0.3x
Mon, 14 Oct 2024UK£7.4bUK£24.4bUK£666.6m10.8x11.1x0.3x
Wed, 11 Sep 2024UK£7.2bUK£24.0bUK£635.7m15.5x11.4x0.3x
Fri, 09 Aug 2024UK£7.1bUK£23.7bUK£588.0m15.5x12.1x0.3x
Sun, 07 Jul 2024UK£6.7bUK£23.7bUK£551.0m14.8x12.2x0.3x
Tue, 04 Jun 2024UK£6.6bUK£24.2bUK£563.1m12.4x11.7x0.3x
Thu, 02 May 2024UK£6.1bUK£24.1bUK£562.8m11.9x10.9x0.3x
Sat, 30 Mar 2024UK£6.0bUK£24.1bUK£549.9m10.2x11x0.3x
Mon, 26 Feb 2024UK£5.5bUK£23.6bUK£653.8m9.4x8.5x0.2x
Wed, 24 Jan 2024UK£5.6bUK£23.3bUK£601.4m9.6x9.2x0.2x
Fri, 22 Dec 2023UK£5.5bUK£23.3bUK£601.4m9.6x9.1x0.2x
Sun, 19 Nov 2023UK£5.3bUK£23.3bUK£594.2m9.7x8.9x0.2x
Tue, 17 Oct 2023UK£4.9bUK£23.3bUK£595.5m8.9x8.3x0.2x
Thu, 14 Sep 2023UK£5.1bUK£23.0bUK£580.2m9.6x8.8x0.2x
Sat, 12 Aug 2023UK£5.2bUK£22.8bUK£619.6m9.9x8.4x0.2x
Mon, 10 Jul 2023UK£5.0bUK£22.4bUK£605.4m12.3x8.2x0.2x
Price to Earnings Ratio

8.2x


Total Market Cap: UK£5.0bTotal Earnings: UK£605.4mTotal Revenue: UK£22.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Construction Industry Price to Earnings3Y Average 11.8x202420252026
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 15.5x which is higher than its 3-year average PE of 11.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.30x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 6.4% per year over the last three years.
  • Revenues for these companies have grown 5.8% 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 Market1.16%
Industrials2.77%
Construction0.78%
Construction and Engineering0.78%
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
KLR Keller GroupUK£26.962.1%
+UK£38.3m		92.0%PE12.9x
MGNS Morgan Sindall GroupUK£50.151.4%
+UK£33.1m		11.9%PE13.4x
SFR SeverfieldUK£0.3621.6%
+UK£19.0m		-4.8%PS0.2x
GFRD Galliford Try HoldingsUK£5.373.1%
+UK£15.6m		28.0%PE14.3x
KIE Kier GroupUK£2.201.5%
+UK£14.1m		9.3%PE15.9x

Latest News

BBY
UK£8.72
Balfour Beatty
7D
-1.1%
1Y
68.3%
COST
UK£2.11
Costain Group
7D
-0.7%
1Y
44.4%
SFR
UK£0.36
Severfield
7D
21.6%
1Y
-4.8%
BILN
UK£4.10
Billington Holdings
7D
1.2%
1Y
7.2%
Narrative Update • Jun 26

BILN: New Contracts Pipeline Will Support Stronger Future Earnings Potential

Analysts have raised their fair value estimate for Billington Holdings from £3.80 to £5.15, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E multiples. What’s in the News for Billington Holdings Billington Holdings has been awarded new contracts with an expected combined value of £50 million, covering projects across education, transport infrastructure, cultural institutions, data centres and industrial facilities, source: Key Developments.
KLR
UK£26.96
Keller Group
7D
2.1%
1Y
92.0%
Narrative Update • Jun 24

KLR: Record Order Book And 2026 Buyback Plan Will Support Fair Value

Analysts have lifted their price target on Keller Group to £220, citing their updated assumptions for discount rate, revenue growth, profit margin, and future P/E as key supports for the new valuation. What's in the News for Keller Group Keller Group announced a contract variation order for the I-40 highway reconstruction in the US, taking its total secured work on the project to US$380 million, with US$70 million completed so far, according to a client announcement.
KIE
UK£2.20
Kier Group
7D
1.5%
1Y
9.3%
Narrative Update • Jun 23

KIE: Water Framework Extension Will Support A Higher Future Rating

Analysts have slightly reduced their price target for Kier Group to £2.66 from £2.73, citing updated assumptions around revenue growth, profit margins, discount rates and a lower future P/E multiple, in line with recent neutral initiations from major banks. Analyst Commentary Recent neutral initiations on Kier Group highlight a balanced mix of upside and risk, with analysts weighing the company’s earnings power, contract pipeline and execution track record against valuation assumptions and sector headwinds.
GFRD
UK£5.37
Galliford Try Holdings
7D
3.1%
1Y
28.0%
Narrative Update • Jun 22

GFRD: Affordable Housing Framework Pipeline And Buyback Will Support Rerating

Analysts have maintained their fair value estimate for Galliford Try Holdings at £6.52, with slight adjustments to the discount rate and future P/E assumptions. These changes reflect updated views on execution risk and long term profitability drivers, similar to those cited in recent research on other construction and infrastructure focused stocks.
MGNS
UK£50.15
Morgan Sindall Group
7D
1.4%
1Y
11.9%
Narrative Update • Jun 13

MGNS: Higher Final Dividend Will Support Stronger Future Shareholder Returns

Analysts have maintained their fair value estimate for Morgan Sindall Group at approximately £55.07 per share, making only minor adjustments to assumptions such as a slightly lower discount rate and marginal changes to revenue growth, profit margin, and future P/E inputs, which together inform the updated price target view. What's in the News At the Annual General Meeting held on 7 May 2026, shareholders approved a final dividend of 108 pence per ordinary share for the year ended 31 December 2025 (source: Key Developments).
HERC
UK£0.28
Hercules
7D
25.0%
1Y
-39.6%
RNWH
UK£9.03
Renew Holdings
7D
1.9%
1Y
11.2%
NEXS
UK£1.07
Nexus Infrastructure
7D
-0.9%
1Y
-32.2%
SMJ
UK£1.13
J. Smart (Contractors)
7D
0%
1Y
-6.3%