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U.K. (FTSE) Construction Materials Industry Analysis

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies8
  • 7D1.2%
  • 3M23.2%
  • 1Y0.3%
  • YTDn/a

The Construction Materials industry is up 2.0% in the last week, with RHI Magnesita up 4.0%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Feb 2026UK£5.9bUK£7.2bUK£235.2m22.3x25.3x0.8x
Sat, 17 Jan 2026UK£5.4bUK£7.2bUK£234.9m21.4x22.8x0.7x
Mon, 15 Dec 2025UK£5.2bUK£7.2bUK£235.5m21.5x22x0.7x
Wed, 12 Nov 2025UK£5.0bUK£7.2bUK£235.6m21.5x21.4x0.7x
Fri, 10 Oct 2025UK£5.0bUK£7.2bUK£235.1m21.2x21.2x0.7x
Sun, 07 Sep 2025UK£5.1bUK£7.1bUK£210.6m24.7x24x0.7x
Tue, 05 Aug 2025UK£5.3bUK£7.1bUK£221.8m26.6x23.9x0.7x
Thu, 03 Jul 2025UK£5.7bUK£7.0bUK£312.1m22.5x18.3x0.8x
Sat, 31 May 2025UK£6.1bUK£6.9bUK£308.8m23.3x19.9x0.9x
Mon, 28 Apr 2025UK£5.9bUK£7.0bUK£310.4m22x19x0.8x
Wed, 26 Mar 2025UK£6.0bUK£6.9bUK£307.6m19.6x19.5x0.9x
Fri, 21 Feb 2025UK£5.9bUK£6.7bUK£293.0m28.9x20.1x0.9x
Sun, 19 Jan 2025UK£5.7bUK£6.7bUK£295.9m29.8x19.2x0.8x
Tue, 17 Dec 2024UK£5.8bUK£6.7bUK£293.0m35.6x19.9x0.9x
Thu, 14 Nov 2024UK£6.2bUK£7.3bUK£308.8m26.9x20x0.8x
Sat, 12 Oct 2024UK£6.0bUK£7.3bUK£309.9m26.2x19.5x0.8x
Mon, 09 Sep 2024UK£5.8bUK£7.1bUK£329.7m14.6x17.7x0.8x
Wed, 07 Aug 2024UK£5.9bUK£7.3bUK£345.3m14.4x17.2x0.8x
Fri, 05 Jul 2024UK£5.9bUK£7.3bUK£352.1m12.8x16.8x0.8x
Sun, 02 Jun 2024UK£5.8bUK£7.3bUK£355.2m12.6x16.4x0.8x
Tue, 30 Apr 2024UK£5.7bUK£7.3bUK£355.7m12.1x15.9x0.8x
Thu, 28 Mar 2024UK£5.7bUK£7.3bUK£356.2m12.5x16x0.8x
Sat, 24 Feb 2024UK£5.7bUK£7.4bUK£435.3m9.7x13.1x0.8x
Mon, 22 Jan 2024UK£6.5bUK£8.8bUK£548.3m10.3x11.8x0.7x
Wed, 20 Dec 2023UK£6.2bUK£8.8bUK£548.8m9.5x11.4x0.7x
Fri, 17 Nov 2023UK£5.8bUK£8.9bUK£550.6m9.3x10.4x0.6x
Sun, 15 Oct 2023UK£38.9bUK£36.8bUK£2.9b9.5x13.3x1.1x
Tue, 12 Sep 2023UK£36.8bUK£35.9bUK£2.9b10.3x12.8x1x
Thu, 10 Aug 2023UK£39.2bUK£34.6bUK£2.6b10.4x14.8x1.1x
Sat, 08 Jul 2023UK£35.9bUK£34.1bUK£2.7b9.6x13.4x1.1x
Mon, 05 Jun 2023UK£34.6bUK£34.9bUK£2.7b9.9x12.6x1x
Wed, 03 May 2023UK£32.7bUK£33.6bUK£2.6b10x12.4x1x
Fri, 31 Mar 2023UK£35.0bUK£33.8bUK£2.6b10x13.2x1x
Sun, 26 Feb 2023UK£33.8bUK£34.1bUK£2.9b11x11.8x1x
Price to Earnings Ratio

11.8x


Total Market Cap: UK£33.8bTotal Earnings: UK£2.9bTotal Revenue: UK£34.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Construction Materials Industry Price to Earnings3Y Average 17.2x202420252026
Current Industry PE
  • Investors are optimistic on the British Construction Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.9x which is higher than its 3-year average PE of 17.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Construction Materials industry have declined 57% per year over the last three years,
  • Revenues have also declined 41% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.K. Construction Materials compare with similar industries?

GB Market1.85%
Materials1.06%
Basic Materials1.18%
Construction Materials1.18%
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
RHIM RHI MagnesitaUK£32.154.0%
+UK£59.1m		-13.1%PE37.1x
SRC SigmaRocUK£1.501.3%
+UK£22.2m		83.8%PE37.3x
FORT ForterraUK£1.952.8%
+UK£11.4m		25.2%PE26.1x
IBST IbstockUK£1.351.7%
+UK£8.7m		-17.7%PE43.7x
MBH Michelmersh Brick HoldingsUK£0.921.1%
+UK£916.9k		-15.8%PE16x

Latest News

IBST
UK£1.35
Ibstock
7D
1.7%
1Y
-17.7%

IBST: Cautious Sector Outlook And Trimmed Assumptions Will Shape Future Returns

Analysts have trimmed their fair value estimate for Ibstock from about £1.45 to £1.43, reflecting lower price targets and more cautious assumptions on growth, margins and future P/E multiples following recent sector updates. Analyst Commentary Recent research points to a more cautious stance on Ibstock, with lower price targets and a move to more neutral ratings as analysts reassess earnings risk and valuation multiples.
MSLH
UK£1.75
Marshalls
7D
-4.5%
1Y
-29.9%
MBH
UK£0.92
Michelmersh Brick Holdings
7D
1.1%
1Y
-15.8%
RHIM
UK£32.15
RHI Magnesita
7D
4.0%
1Y
-13.1%

RHIM: Future Returns Will Weaken As Earnings Assumptions Tighten

Analysts have nudged their price target for RHI Magnesita slightly higher to €26.96 from €26.82, citing updated assumptions around the discount rate, modestly stronger revenue growth, a slightly higher profit margin and a lower future P/E multiple. Valuation Changes Fair value estimate nudged slightly higher from €26.82 to €26.96 per share.
FORT
UK£1.95
Forterra
7D
2.8%
1Y
25.2%

FORT: Updated Margins And Revenue Assumptions Will Support A Steady Outlook

Analysts have trimmed their price target on Forterra to US$1.92, citing updated assumptions for revenue growth, profit margins and the future P/E multiple, while maintaining their fair value estimate at US$1.92. Valuation Changes Fair Value: Held steady at US$1.92, with no change in the underlying fair value estimate.
SRC
UK£1.50
SigmaRoc
7D
1.3%
1Y
83.8%

SRC: Small Assumption Shifts Will Support Balanced Future Risk And Reward

Analysts have nudged their price target on SigmaRoc higher, with fair value rising slightly from £1.56 to about £1.58, reflecting small adjustments to the discount rate, revenue growth expectations, profit margin assumptions and future P/E estimates. Valuation Changes Fair Value: revised from £1.56 to about £1.58 per share, reflecting a small upward adjustment.
BREE
UK£3.58
Breedon Group
7D
-1.0%
1Y
-18.9%

BREE: Future Upside Will Rely On Stable Margins And Higher P E Multiple

Analysts have nudged their price target on Breedon Group slightly higher to reflect updated assumptions around discount rates, revenue growth, profit margins and future P/E, while keeping fair value broadly in line with previous estimates. Valuation Changes Fair Value: Fair value per share is unchanged at £4.52, indicating only minimal impact from the updated inputs.