Loading...

Travis Perkins

LSE:TPK
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TPK
LSE
£4B
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

Travis Perkins plc supplies building and home improvement products in the United Kingdom. The last earnings update was 55 days ago. More info.


Add to Portfolio Compare Print
TPK Share Price and Events
7 Day Returns
-0%
LSE:TPK
0.6%
GB Trade Distributors
0.6%
GB Market
1 Year Returns
9.3%
LSE:TPK
2.3%
GB Trade Distributors
1.1%
GB Market
TPK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Travis Perkins (TPK) -0% 4.1% 15.8% 9.3% -22.9% -18.2%
GB Trade Distributors 0.6% 4.7% 4.7% 2.3% 34.7% 50.4%
GB Market 0.6% 3.6% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • TPK outperformed the Trade Distributors industry which returned 2.3% over the past year.
  • TPK outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
TPK
Industry
5yr Volatility vs Market

Value

 Is Travis Perkins undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Travis Perkins to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Travis Perkins.

LSE:TPK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 16 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.2%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:TPK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.944 (1 + (1- 19%) (17.18%))
1.05
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.05 * 6.65%)
8.21%

Discounted Cash Flow Calculation for LSE:TPK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Travis Perkins is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:TPK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 8.21%)
2019 216.21 Analyst x9 199.80
2020 255.98 Analyst x8 218.60
2021 271.28 Analyst x5 214.08
2022 122.00 Analyst x1 88.97
2023 133.00 Analyst x1 89.63
2024 108.80 Est @ -18.19% 67.76
2025 95.35 Est @ -12.37% 54.87
2026 87.44 Est @ -8.29% 46.51
2027 82.69 Est @ -5.43% 40.64
2028 79.85 Est @ -3.44% 36.27
Present value of next 10 years cash flows £1,057.14
LSE:TPK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £79.85 × (1 + 1.23%) ÷ (8.21% – 1.23%)
£1,157.12
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £1,157.12 ÷ (1 + 8.21%)10
£525.54
LSE:TPK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £1,057.14 + £525.54
£1,582.68
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £1,582.68 / 248.43
£6.37
LSE:TPK Discount to Share Price
Calculation Result
Value per share (GBP) From above. £6.37
Current discount Discount to share price of £14.27
= -1 x (£14.27 - £6.37) / £6.37
-123.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Travis Perkins is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Travis Perkins's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Travis Perkins's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:TPK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £-0.34
LSE:TPK Share Price ** LSE (2019-04-18) in GBP £14.27
United Kingdom of Great Britain and Northern Ireland Trade Distributors Industry PE Ratio Median Figure of 16 Publicly-Listed Trade Distributors Companies 16.58x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Travis Perkins.

LSE:TPK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:TPK Share Price ÷ EPS (both in GBP)

= 14.27 ÷ -0.34

-41.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Travis Perkins is loss making, we can't compare its value to the GB Trade Distributors industry average.
  • Travis Perkins is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Travis Perkins's expected growth come at a high price?
Raw Data
LSE:TPK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -41.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts
36.2%per year
United Kingdom of Great Britain and Northern Ireland Trade Distributors Industry PEG Ratio Median Figure of 8 Publicly-Listed Trade Distributors Companies 2.21x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Travis Perkins, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Travis Perkins's assets?
Raw Data
LSE:TPK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £10.90
LSE:TPK Share Price * LSE (2019-04-18) in GBP £14.27
United Kingdom of Great Britain and Northern Ireland Trade Distributors Industry PB Ratio Median Figure of 20 Publicly-Listed Trade Distributors Companies 1.77x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
LSE:TPK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:TPK Share Price ÷ Book Value per Share (both in GBP)

= 14.27 ÷ 10.90

1.31x

* Primary Listing of Travis Perkins.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Travis Perkins is good value based on assets compared to the GB Trade Distributors industry average.
X
Value checks
We assess Travis Perkins's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Travis Perkins has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Travis Perkins expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
36.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Travis Perkins expected to grow at an attractive rate?
  • Travis Perkins's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Travis Perkins's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Travis Perkins's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:TPK Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:TPK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts 36.2%
LSE:TPK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 16 Analysts 3.2%
United Kingdom of Great Britain and Northern Ireland Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 10.3%
United Kingdom of Great Britain and Northern Ireland Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:TPK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:TPK Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 8,014 389 308 1
2022-12-31 7,685 449 298 3
2021-12-31 7,411 473 306 9
2020-12-31 7,136 438 289 16
2019-12-31 6,921 397 258 16
LSE:TPK Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 6,741 250 -86
2018-09-30 6,659 234 -68
2018-06-30 6,577 219 -51
2018-03-31 6,505 253 91
2017-12-31 6,433 287 233
2017-09-30 6,379 336 121
2017-06-30 6,325 385 9
2017-03-31 6,271 376 11
2016-12-31 6,217 367 13
2016-09-30 6,165 306 96
2016-06-30 6,112 246 179
2016-03-31 6,027 264 173

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Travis Perkins's earnings are expected to grow significantly at over 20% yearly.
  • Travis Perkins's revenue is expected to grow by 3.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:TPK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below

All data from Travis Perkins Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:TPK Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.27 1.30 1.23 2.00
2020-12-31 1.16 1.23 1.06 6.00
2019-12-31 1.03 1.10 0.97 8.00
LSE:TPK Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 -0.34
2018-09-30 -0.27
2018-06-30 -0.21
2018-03-31 0.36
2017-12-31 0.93
2017-09-30 0.48
2017-06-30 0.04
2017-03-31 0.04
2016-12-31 0.05
2016-09-30 0.39
2016-06-30 0.72
2016-03-31 0.70

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Travis Perkins is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Travis Perkins's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Travis Perkins has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Travis Perkins performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Travis Perkins's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Travis Perkins does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Travis Perkins's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Travis Perkins's 1-year growth to the GB Trade Distributors industry average as it is not currently profitable.
Earnings and Revenue History
Travis Perkins's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Travis Perkins Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:TPK Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 6,740.50 -85.60 1,985.30
2018-09-30 6,658.65 -68.30 1,801.15
2018-06-30 6,576.80 -51.00 1,617.00
2018-03-31 6,504.95 90.90 1,618.10
2017-12-31 6,433.10 232.80 1,619.20
2017-09-30 6,378.90 120.95 1,699.55
2017-06-30 6,324.70 9.10 1,779.90
2017-03-31 6,270.95 10.90 1,778.50
2016-12-31 6,217.20 12.70 1,777.10
2016-09-30 6,164.55 96.00 1,666.85
2016-06-30 6,111.90 179.30 1,556.60
2016-03-31 6,026.75 173.45 1,553.05
2015-12-31 5,941.60 167.60 1,549.50
2015-09-30 5,867.40 214.90 1,444.80
2015-06-30 5,793.20 262.20 1,340.10
2015-03-31 5,686.95 260.35 1,339.30
2014-12-31 5,580.70 258.50 1,338.50
2014-09-30 5,505.20 270.00 1,278.45
2014-06-30 5,429.70 281.50 1,218.40
2014-03-31 5,289.20 273.05 1,221.35
2013-12-31 5,148.70 264.60 1,224.30
2013-09-30 5,015.80 244.30 1,207.65
2013-06-30 4,882.90 224.00 1,191.00
2013-03-31 4,863.90 236.35 1,188.00
2012-12-31 4,844.90 248.70 1,185.00
2012-09-30 4,844.15 245.35 1,166.35
2012-06-30 4,843.40 242.00 1,147.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Travis Perkins has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Travis Perkins has efficiently used its assets last year compared to the GB Trade Distributors industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Travis Perkins improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Travis Perkins's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Travis Perkins has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Travis Perkins's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Travis Perkins's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Travis Perkins is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Travis Perkins's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Travis Perkins's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Travis Perkins Company Filings, last reported 3 months ago.

LSE:TPK Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,717.70 609.00 255.40
2018-09-30 2,717.70 609.00 255.40
2018-06-30 2,661.00 612.30 151.50
2018-03-31 2,661.00 612.30 151.50
2017-12-31 2,860.30 618.30 276.80
2017-09-30 2,860.30 618.30 276.80
2017-06-30 2,781.40 622.40 245.30
2017-03-31 2,781.40 622.40 245.30
2016-12-31 2,655.60 628.00 250.50
2016-09-30 2,655.60 628.00 250.50
2016-06-30 2,868.30 663.00 134.10
2016-03-31 2,868.30 663.00 134.10
2015-12-31 2,795.80 551.20 95.50
2015-09-30 2,795.80 551.20 95.50
2015-06-30 2,738.50 534.00 136.90
2015-03-31 2,738.50 534.00 136.90
2014-12-31 2,677.70 483.50 108.30
2014-09-30 2,677.70 483.50 108.30
2014-06-30 2,589.80 392.40 95.70
2014-03-31 2,589.80 392.40 95.70
2013-12-31 2,515.20 427.70 79.80
2013-09-30 2,515.20 427.70 79.80
2013-06-30 2,394.40 510.70 103.50
2013-03-31 2,394.40 510.70 103.50
2012-12-31 2,255.60 594.40 151.80
2012-09-30 2,255.60 594.40 151.80
2012-06-30 2,214.00 629.80 60.60
  • Travis Perkins's level of debt (22.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (17% vs 22.4% today).
  • Debt is well covered by operating cash flow (41%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Travis Perkins's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Travis Perkins's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Travis Perkins has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Travis Perkins's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.29%
Current annual income from Travis Perkins dividends. Estimated to be 3.42% next year.
If you bought £2,000 of Travis Perkins shares you are expected to receive £66 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Travis Perkins's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.02%).
  • Travis Perkins's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.19%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:TPK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 2.3%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:TPK Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.52 1.00
2022-12-31 0.52 2.00
2021-12-31 0.51 10.00
2020-12-31 0.49 17.00
2019-12-31 0.47 19.00
LSE:TPK Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-02-26 0.470 3.336
2018-07-31 0.460 4.117
2018-02-28 0.460 3.475
2017-04-07 0.450 2.981
2017-03-02 0.450 3.008
2016-08-02 0.445 3.002
2016-04-25 0.440 2.622
2016-03-03 0.440 2.434
2015-04-24 0.380 1.901
2015-03-03 0.380 1.918
2014-09-10 0.310 1.751
2014-04-25 0.310 1.852
2014-02-26 0.310 1.671
2013-02-20 0.250 1.551
2012-04-20 0.200 1.883
2012-02-21 0.200 1.869
2011-02-23 0.150 1.685
2011-02-22 0.150 1.469
2010-07-29 0.100 1.114
2010-06-30 0.100 1.264
2010-02-24 0.000 0.000
2010-02-23 0.000 0.000
2009-07-30 0.000 0.000
2009-04-23 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Travis Perkins has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Travis Perkins only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Travis Perkins's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
X
Income/ dividend checks
We assess Travis Perkins's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Travis Perkins afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Travis Perkins has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Travis Perkins's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Carter
COMPENSATION £2,033,000
AGE 57
TENURE AS CEO 5.3 years
CEO Bio

Mr. John P. Carter has been the Chief Executive Officer of Travis Perkins Plc since January 1, 2014. Mr. Carter served as Group Chief Operating Officer at Travis Perkins Plc since February 2005. He served as Deputy Chief Executive Officer at Travis Perkins Plc since January 1, 2012. He served as the Managing Director of Operations at Travis Perkins Plc since 1996. He joined Sandell Perkins as a management trainee in 1978, having served as Regional Sales Director and Regional Managing Director for London. He managed and integrated a number of key strategic acquisitions over the past 20 years, including Keyline in 1999, Wickes in 2005 and the BSS Group. He has served as an Independent Non-Executive Director of McCarthy & Stone plc since September 1, 2017. Mr. Carter has been an Executive Director of Travis Perkins PLC since July 01, 2001. He was previously a Trustee of the British Research Establishment for three years from 2013 to 2016.

CEO Compensation
  • John's compensation has been consistent with company performance over the past year.
  • John's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Travis Perkins management team in years:

4.7
Average Tenure
55
Average Age
  • The tenure for the Travis Perkins management team is about average.
Management Team

John Carter

TITLE
CEO & Executive Director
COMPENSATION
£2M
AGE
57
TENURE
5.3 yrs

Alan Williams

TITLE
CFO & Executive Director
COMPENSATION
£1M
AGE
49
TENURE
2.3 yrs

Patrick Knight

TITLE
Chief Information Officer

Graeme Barnes

TITLE
Head of Investor Relations
TENURE
4.2 yrs

Robin Miller

TITLE
Company Secretary & General Counsel
AGE
47

Carol Kavanagh

TITLE
Group Human Resources Director
AGE
55

Paul Tallentire

TITLE
Chief Executive Officer of General Merchanting Division
AGE
55
TENURE
7.3 yrs

Frank Elkins

TITLE
Chief Operating Officer of Merchanting
AGE
51

Andy Harrison

TITLE
Deputy CEO of Plumbing & Heating Division
AGE
61
TENURE
1.6 yrs

Simon King

TITLE
Managing Director of Wickes
TENURE
7.3 yrs
Board of Directors Tenure

Average tenure and age of the Travis Perkins board of directors in years:

4.3
Average Tenure
55.5
Average Age
  • The tenure for the Travis Perkins board of directors is about average.
Board of Directors

Stuart Chambers

TITLE
Non-Executive Chairman
COMPENSATION
£320K
AGE
62
TENURE
1.4 yrs

John Carter

TITLE
CEO & Executive Director
COMPENSATION
£2M
AGE
57
TENURE
17.8 yrs

Alan Williams

TITLE
CFO & Executive Director
COMPENSATION
£1M
AGE
49
TENURE
2.3 yrs

Ruth Anderson

TITLE
Non-Executive Director
COMPENSATION
£75K
AGE
64
TENURE
7.5 yrs

Pete Redfern

TITLE
Non-Executive Director
COMPENSATION
£68K
AGE
46
TENURE
4.4 yrs

Coline McConville

TITLE
Non-Executive Director
COMPENSATION
£75K
AGE
54
TENURE
4.2 yrs

Chris Rogers

TITLE
Senior Independent Director
COMPENSATION
£70K
AGE
58
TENURE
3.4 yrs

John Rogers

TITLE
Non-Executive Director
COMPENSATION
£58K
AGE
49
TENURE
4.4 yrs
Who owns this company?
Recent Insider Trading
  • Travis Perkins insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
02. Apr 19 Buy Ruth Anderson Individual 01. Apr 19 01. Apr 19 67 £13.77 £923
02. Apr 19 Buy Peter Redfern Individual 01. Apr 19 01. Apr 19 58 £13.77 £799
02. Apr 19 Buy Christopher Charles Rogers Individual 01. Apr 19 01. Apr 19 63 £13.77 £868
02. Apr 19 Buy Coline McConville Individual 01. Apr 19 01. Apr 19 65 £13.77 £895
02. Apr 19 Buy Stuart Chambers Individual 01. Apr 19 01. Apr 19 254 £13.77 £3,498
02. Apr 19 Buy John Rogers Individual 01. Apr 19 01. Apr 19 44 £13.77 £606
04. Mar 19 Sell Carol Kavanagh Individual 01. Mar 19 01. Mar 19 -20,000 £14.36 £-287,200
04. Mar 19 Buy Ruth Anderson Individual 01. Mar 19 01. Mar 19 64 £14.50 £928
04. Mar 19 Buy Peter Redfern Individual 01. Mar 19 01. Mar 19 56 £14.50 £812
04. Mar 19 Buy Christopher Charles Rogers Individual 01. Mar 19 01. Mar 19 60 £14.50 £870
04. Mar 19 Buy Coline McConville Individual 01. Mar 19 01. Mar 19 61 £14.50 £884
04. Mar 19 Buy Stuart Chambers Individual 01. Mar 19 01. Mar 19 242 £14.50 £3,509
04. Mar 19 Buy John Rogers Individual 01. Mar 19 01. Mar 19 41 £14.50 £594
01. Feb 19 Buy Ruth Anderson Individual 01. Feb 19 01. Feb 19 74 £12.35 £914
01. Feb 19 Buy Peter Redfern Individual 01. Feb 19 01. Feb 19 65 £12.35 £803
01. Feb 19 Buy Christopher Charles Rogers Individual 01. Feb 19 01. Feb 19 65 £12.35 £803
01. Feb 19 Buy Coline McConville Individual 01. Feb 19 01. Feb 19 72 £12.35 £890
01. Feb 19 Buy Stuart Chambers Individual 01. Feb 19 01. Feb 19 283 £12.35 £3,496
01. Feb 19 Buy John Rogers Individual 01. Feb 19 01. Feb 19 49 £12.35 £605
02. Jan 19 Buy Ruth Anderson Individual 02. Jan 19 02. Jan 19 88 £10.55 £929
02. Jan 19 Buy Peter Redfern Individual 02. Jan 19 02. Jan 19 77 £10.55 £812
02. Jan 19 Buy Christopher Charles Rogers Individual 02. Jan 19 02. Jan 19 75 £10.55 £791
02. Jan 19 Buy Coline McConville Individual 02. Jan 19 02. Jan 19 85 £10.55 £897
02. Jan 19 Buy Stuart Chambers Individual 02. Jan 19 02. Jan 19 332 £10.55 £3,503
02. Jan 19 Buy John Rogers Individual 02. Jan 19 02. Jan 19 57 £10.55 £601
05. Dec 18 Sell Carol Kavanagh Individual 04. Dec 18 04. Dec 18 -15,000 £10.96 £-164,325
03. Dec 18 Buy Ruth Anderson Individual 03. Dec 18 03. Dec 18 84 £11.00 £924
03. Dec 18 Buy Peter Redfern Individual 03. Dec 18 03. Dec 18 74 £11.00 £814
03. Dec 18 Buy Christopher Charles Rogers Individual 03. Dec 18 03. Dec 18 73 £11.00 £803
03. Dec 18 Buy Coline McConville Individual 03. Dec 18 03. Dec 18 81 £11.00 £891
03. Dec 18 Buy Stuart Chambers Individual 03. Dec 18 03. Dec 18 319 £11.00 £3,508
03. Dec 18 Buy John Rogers Individual 03. Dec 18 03. Dec 18 55 £11.00 £605
01. Nov 18 Buy Ruth Anderson Individual 01. Nov 18 01. Nov 18 84 £10.99 £923
01. Nov 18 Buy Peter Redfern Individual 01. Nov 18 01. Nov 18 73 £10.99 £802
01. Nov 18 Buy Christopher Charles Rogers Individual 01. Nov 18 01. Nov 18 72 £10.99 £791
01. Nov 18 Buy Coline McConville Individual 01. Nov 18 01. Nov 18 81 £10.99 £890
01. Nov 18 Buy Stuart Chambers Individual 01. Nov 18 01. Nov 18 319 £10.99 £3,504
01. Nov 18 Buy John Rogers Individual 01. Nov 18 01. Nov 18 55 £10.99 £604
01. Oct 18 Buy Ruth Anderson Individual 01. Oct 18 01. Oct 18 87 £10.66 £928
01. Oct 18 Buy Peter Redfern Individual 01. Oct 18 01. Oct 18 76 £10.66 £810
01. Oct 18 Buy Christopher Charles Rogers Individual 01. Oct 18 01. Oct 18 75 £10.66 £800
01. Oct 18 Buy Coline McConville Individual 01. Oct 18 01. Oct 18 84 £10.66 £896
01. Oct 18 Buy Stuart Chambers Individual 01. Oct 18 01. Oct 18 328 £10.66 £3,497
01. Oct 18 Buy John Rogers Individual 01. Oct 18 01. Oct 18 57 £10.66 £608
28. Sep 18 Sell Frank Elkins Individual 26. Sep 18 26. Sep 18 -2,250 £11.21 £-25,217
12. Sep 18 Sell Carol Kavanagh Individual 11. Sep 18 11. Sep 18 -13,073 £11.32 £-147,986
11. Sep 18 Sell Simon King Individual 05. Sep 18 05. Sep 18 -13,282 £11.33 £-150,485
03. Sep 18 Buy Ruth Anderson Individual 03. Sep 18 03. Sep 18 81 £11.41 £924
03. Sep 18 Buy Peter Redfern Individual 03. Sep 18 03. Sep 18 71 £11.41 £810
03. Sep 18 Buy Christopher Charles Rogers Individual 03. Sep 18 03. Sep 18 70 £11.41 £798
03. Sep 18 Buy Coline McConville Individual 03. Sep 18 03. Sep 18 78 £11.41 £890
03. Sep 18 Buy Stuart Chambers Individual 03. Sep 18 03. Sep 18 307 £11.41 £3,501
03. Sep 18 Buy John Rogers Individual 03. Sep 18 03. Sep 18 58 £11.41 £661
01. Aug 18 Buy Ruth Anderson Individual 01. Aug 18 01. Aug 18 77 £11.92 £918
01. Aug 18 Buy Peter Redfern Individual 01. Aug 18 01. Aug 18 68 £11.92 £810
01. Aug 18 Buy Christopher Charles Rogers Individual 01. Aug 18 01. Aug 18 67 £11.92 £798
01. Aug 18 Buy Coline McConville Individual 01. Aug 18 01. Aug 18 75 £11.92 £894
01. Aug 18 Buy Stuart Chambers Individual 01. Aug 18 01. Aug 18 295 £11.92 £3,515
01. Aug 18 Buy John Rogers Individual 01. Aug 18 01. Aug 18 56 £11.92 £667
03. Jul 18 Buy Ruth Anderson Individual 02. Jul 18 02. Jul 18 63 £14.11 £889
03. Jul 18 Buy Peter Redfern Individual 02. Jul 18 02. Jul 18 57 £14.11 £804
03. Jul 18 Buy Christopher Charles Rogers Individual 02. Jul 18 02. Jul 18 57 £14.11 £804
03. Jul 18 Buy Coline McConville Individual 02. Jul 18 02. Jul 18 64 £14.11 £903
03. Jul 18 Buy Stuart Chambers Individual 02. Jul 18 02. Jul 18 248 £14.11 £3,498
03. Jul 18 Buy John Rogers Individual 02. Jul 18 02. Jul 18 47 £14.11 £663
07. Jun 18 Sell Andrew Harrison Individual 06. Jun 18 06. Jun 18 -26,324 £14.59 £-383,984
06. Jun 18 Sell Frank Elkins Individual 05. Jun 18 05. Jun 18 -1,900 £14.02 £-26,641
X
Management checks
We assess Travis Perkins's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Travis Perkins has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Travis Perkins plc's (LON:TPK) CEO Paid Enough Relative To Peers?

How Does John Carter's Compensation Compare With Similar Sized Companies. … According to our data, Travis Perkins plc has a market capitalization of UK£3.4b, and pays its CEO total annual compensation worth UK£2.0m. … While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at UK£690k.

Simply Wall St -

Is Travis Perkins plc (LON:TPK) As Strong As Its Balance Sheet Indicates?

Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Travis Perkins plc (LON:TPK) with a market-capitalization of UK£3.5b, rarely draw their attention. … Don’t forget that this is a general and concentrated examination of Travis Perkins's financial health, so you should conduct further analysis. … Check out our latest analysis for Travis Perkins

Simply Wall St -

Estimating The Fair Value Of Travis Perkins plc (LON:TPK)

I am going to run you through how I calculated the intrinsic value of Travis Perkins plc (LON:TPK). … by taking the foreast future cash flows of the company and discounting them back to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model.

Simply Wall St -

How Much is Travis Perkins plc's (LON:TPK) CEO Getting Paid?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does John Carter's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Travis Perkins plc has a market cap of UK£2.8b, and is paying total annual CEO compensation of UK£2.7m.

Simply Wall St -

What You Must Know About Travis Perkins plc's (LON:TPK) Financial Health

Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Travis Perkins plc (LON:TPK), with a market capitalization of UK£2.6b, rarely draw their attention from the investing community. … Don’t forget that this is a general and concentrated examination of Travis Perkins's financial health, so you should conduct further analysis. … See our latest analysis for Travis Perkins

Simply Wall St -

Is Travis Perkins plc (LON:TPK) Potentially Underrated?

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … that has been able to sustain great financial health over the past

Simply Wall St -

When Should You Buy Travis Perkins plc (LON:TPK)?

Travis Perkins plc (LON:TPK), which is in the trade distributors business, and is based in United Kingdom,. … A question to answer is whether Travis Perkins's current trading price of £10.35 reflective of the actual value of the? … Let’s take a look at Travis Perkins’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Who Owns Travis Perkins plc (LON:TPK)?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that have been privatized tend to have low insider ownership. … Check out our latest analysis for Travis Perkins

Simply Wall St -

Is Travis Perkins plc's (LON:TPK) CEO Paid Enough To Stay Motivated?

Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor. … CEOs leading companies of similar size and profitability

Simply Wall St -

Where Travis Perkins plc's (LON:TPK) Earnings Growth Stands Against Its Industry

Assessing Travis Perkins plc's (LON:TPK) performance as a company requires looking at more than just a years' earnings data. … Below, I will run you through a simple sense check to build perspective on how Travis Perkins is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its trade distributors industry peers. … TPK's trailing twelve-month earnings (from 31 December 2017) of UK£232.80m has

Simply Wall St -

Company Info

Description

Travis Perkins plc supplies building and home improvement products in the United Kingdom. The company’s General Merchanting division supplies products for various types of repair, maintenance, and improvement projects, as well as new residential and commercial construction. This division serves sole traders and national housebuilders under the Travis Perkins and Benchmarx brands. The company’s Consumer division supplies domestic building and decorative materials through its store network to DIY and trade customers under the Wickes, Toolstations, and Tile Giant brands. Its Contracts division supplies products used in large construction projects, including new road and rail infrastructure, and power generation construction, as well as public service infrastructure, such as hospitals and schools, and commercial and residential construction and refurbishment. It also provides civils, heavy building, and drainage materials; pipeline and heating solutions; and ceilings, insulation, and drywall products. This segment offers its products under the Keyline, RUDRIDGE, BSS, tfsolutions, and CCF brands. The company’s Plumbing & Heating division delivers various products to installer and contract customers through an integrated national branch network and online capability; and engages in the wholesale business for trade distributor. It provides its products under the PlumbNation, DHS, NSS, The Underfloor Heating Store, City Plumbing Supplies, PTS, and Primaflow F&P brands. The company was formerly known as Sandell Perkins Public Limited Company and changed its name to Travis Perkins plc in October 1988. Travis Perkins plc was founded in 1797 and is headquartered in Northampton, the United Kingdom.

Details
Name: Travis Perkins plc
TPK
Exchange: LSE
Founded: 1797
£3,543,874,249
248,431,423
Website: http://www.travisperkinsplc.co.uk
Address: Travis Perkins plc
Lodge Way House,
Lodge Way,
Northampton,
Northamptonshire, NN5 7UG,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE TPK Ordinary Shares London Stock Exchange GB GBP 02. Jan 1992
OTCPK TVPK.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB LFP Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
BATS-CHIXE TPKL Ordinary Shares BATS 'Chi-X Europe' GB GBP 02. Jan 1992
OTCPK TPRK.Y SPONSORED ADR Pink Sheets LLC US USD 24. Mar 2011
Number of employees
Current staff
Staff numbers
28,885
Travis Perkins employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 20:36
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/02/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.