Howden Joinery Group Plc operates as a trade kitchen supplier providing various products across kitchens, joinery, and hardware in the United Kingdom, Isle of Man, France, Belgium, the Netherlands, and Germany. More Details
No risks detected for HWDN from our risk checks.
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Howden Joinery Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HWDN is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HWDN's weekly volatility (3%) has been stable over the past year.
7 Day Return
GB Trade Distributors
1 Year Return
GB Trade Distributors
Return vs Industry: HWDN exceeded the UK Trade Distributors industry which returned 60.1% over the past year.
Return vs Market: HWDN exceeded the UK Market which returned 21.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Howden Joinery Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StDo Its Financials Have Any Role To Play In Driving Howden Joinery Group Plc's (LON:HWDN) Stock Up Recently?
4 weeks ago | Simply Wall StHowden Joinery Group Plc (LON:HWDN) Insiders Increased Their Holdings
1 month ago | Simply Wall StCan You Imagine How Howden Joinery Group's (LON:HWDN) Shareholders Feel About The 62% Share Price Increase?
Is Howden Joinery Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HWDN (£9.29) is trading above our estimate of fair value (£5.63)
Significantly Below Fair Value: HWDN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HWDN is poor value based on its PE Ratio (37.3x) compared to the UK Trade Distributors industry average (28.7x).
PE vs Market: HWDN is poor value based on its PE Ratio (37.3x) compared to the UK market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: HWDN is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: HWDN is overvalued based on its PB Ratio (7.7x) compared to the GB Trade Distributors industry average (2.1x).
How is Howden Joinery Group forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HWDN's forecast earnings growth (12.2% per year) is above the savings rate (0.9%).
Earnings vs Market: HWDN's earnings (12.2% per year) are forecast to grow slower than the UK market (14.3% per year).
High Growth Earnings: HWDN's earnings are forecast to grow, but not significantly.
Revenue vs Market: HWDN's revenue (7.2% per year) is forecast to grow faster than the UK market (4.7% per year).
High Growth Revenue: HWDN's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HWDN's Return on Equity is forecast to be high in 3 years time (26.7%)
How has Howden Joinery Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HWDN has high quality earnings.
Growing Profit Margin: HWDN's current net profit margins (9.5%) are lower than last year (13.2%).
Past Earnings Growth Analysis
Earnings Trend: HWDN's earnings have declined by 2.2% per year over the past 5 years.
Accelerating Growth: HWDN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HWDN had negative earnings growth (-29.4%) over the past year, making it difficult to compare to the Trade Distributors industry average (-18.9%).
Return on Equity
High ROE: HWDN's Return on Equity (20.5%) is considered high.
How is Howden Joinery Group's financial position?
Financial Position Analysis
Short Term Liabilities: HWDN's short term assets (£852.3M) exceed its short term liabilities (£392.6M).
Long Term Liabilities: HWDN's short term assets (£852.3M) exceed its long term liabilities (£573.8M).
Debt to Equity History and Analysis
Debt Level: HWDN is debt free.
Reducing Debt: HWDN has not had any debt for past 5 years.
Debt Coverage: HWDN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HWDN has no debt, therefore coverage of interest payments is not a concern.
What is Howden Joinery Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: HWDN's dividend (0.93%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.3%).
High Dividend: HWDN's dividend (0.93%) is low compared to the top 25% of dividend payers in the UK market (3.87%).
Stability and Growth of Payments
Stable Dividend: HWDN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HWDN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.5%), HWDN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HWDN's dividends in 3 years are forecast to be well covered by earnings (36.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrew Livingston (53 yo)
Mr. Andrew Livingston has been Director and Chief Executive Officer at Howden Joinery Group Plc since April 02, 2018. He served as the Chief Executive Officer at Screwfix Direct Ltd. since 2013. Mr. Living...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD1.13M) is below average for companies of similar size in the UK market ($USD2.22M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Experienced Management: HWDN's management team is seasoned and experienced (5.6 years average tenure).
Experienced Board: HWDN's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Howden Joinery Group Plc's company bio, employee growth, exchange listings and data sources
- Name: Howden Joinery Group Plc
- Ticker: HWDN
- Exchange: LSE
- Founded: 1987
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: UK£5.462b
- Shares outstanding: 596.70m
- Website: https://www.howdenjoinerygroupplc.com
Number of Employees
- Howden Joinery Group Plc
- 40 Portman Square
- Greater London
- W1H 6LT
- United Kingdom
Howden Joinery Group Plc operates as a trade kitchen supplier providing various products across kitchens, joinery, and hardware in the United Kingdom, Isle of Man, France, Belgium, the Netherlands, and Ger...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 21:41|
|End of Day Share Price||2021/08/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.