BDEV Stock Overview
Barratt Developments plc engages in the housebuilding and commercial development businesses in Great Britain.
Barratt Developments Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£4.89|
|52 Week High||UK£7.79|
|52 Week Low||UK£4.58|
|1 Month Change||-5.51%|
|3 Month Change||-18.92%|
|1 Year Change||-35.19%|
|3 Year Change||-13.62%|
|5 Year Change||-18.65%|
|Change since IPO||840.20%|
Recent News & Updates
Why Barratt Developments plc (LON:BDEV) Could Be Worth Watching
While Barratt Developments plc ( LON:BDEV ) might not be the most widely known stock at the moment, it saw significant...
Barratt Developments (LON:BDEV) Seems To Use Debt Rather Sparingly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Estimating The Intrinsic Value Of Barratt Developments plc (LON:BDEV)
Does the March share price for Barratt Developments plc ( LON:BDEV ) reflect what it's really worth? Today, we will...
Barratt Developments (LON:BDEV) Has Some Way To Go To Become A Multi-Bagger
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
|BDEV||GB Consumer Durables||GB Market|
Return vs Industry: BDEV underperformed the UK Consumer Durables industry which returned -32.2% over the past year.
Return vs Market: BDEV underperformed the UK Market which returned -5% over the past year.
|BDEV Average Weekly Movement||5.5%|
|Consumer Durables Industry Average Movement||5.5%|
|Market Average Movement||6.2%|
|10% most volatile stocks in GB Market||11.6%|
|10% least volatile stocks in GB Market||3.2%|
Stable Share Price: BDEV is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BDEV's weekly volatility (5%) has been stable over the past year.
About the Company
Barratt Developments plc engages in the housebuilding and commercial development businesses in Great Britain. It acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities; and retail, leisure, office, industrial, and mixed-use properties. The company offers homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.
Barratt Developments Fundamentals Summary
|BDEV fundamental statistics|
Is BDEV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BDEV income statement (TTM)|
|Cost of Revenue||UK£3.42b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Sep 07, 2022
|Earnings per share (EPS)||0.65|
|Net Profit Margin||14.50%|
How did BDEV perform over the long term?See historical performance and comparison
6.8%Current Dividend Yield
Is Barratt Developments undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BDEV (£4.89) is trading below our estimate of fair value (£12.44)
Significantly Below Fair Value: BDEV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BDEV is good value based on its PE Ratio (7.5x) compared to the UK Consumer Durables industry average (10x).
PE vs Market: BDEV is good value based on its PE Ratio (7.5x) compared to the UK market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: BDEV is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: BDEV is good value based on its PB Ratio (0.9x) compared to the GB Consumer Durables industry average (1.1x).
How is Barratt Developments forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BDEV's forecast earnings growth (6.2% per year) is above the savings rate (0.9%).
Earnings vs Market: BDEV's earnings (6.2% per year) are forecast to grow slower than the UK market (11.3% per year).
High Growth Earnings: BDEV's earnings are forecast to grow, but not significantly.
Revenue vs Market: BDEV's revenue (5.3% per year) is forecast to grow faster than the UK market (4.2% per year).
High Growth Revenue: BDEV's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BDEV's Return on Equity is forecast to be low in 3 years time (12.5%).
How has Barratt Developments performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BDEV has high quality earnings.
Growing Profit Margin: BDEV's current net profit margins (14.5%) are higher than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: BDEV's earnings have declined by 2.3% per year over the past 5 years.
Accelerating Growth: BDEV's earnings growth over the past year (63.1%) exceeds its 5-year average (-2.3% per year).
Earnings vs Industry: BDEV earnings growth over the past year (63.1%) underperformed the Consumer Durables industry 114.8%.
Return on Equity
High ROE: BDEV's Return on Equity (11.8%) is considered low.
How is Barratt Developments's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BDEV's short term assets (£6.4B) exceed its short term liabilities (£1.4B).
Long Term Liabilities: BDEV's short term assets (£6.4B) exceed its long term liabilities (£512.7M).
Debt to Equity History and Analysis
Debt Level: BDEV has more cash than its total debt.
Reducing Debt: BDEV's debt to equity ratio has reduced from 4.7% to 3.7% over the past 5 years.
Debt Coverage: BDEV's debt is well covered by operating cash flow (157.8%).
Interest Coverage: BDEV's interest payments on its debt are well covered by EBIT (34x coverage).
What is Barratt Developments's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BDEV's dividend (6.77%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: BDEV's dividend (6.77%) is in the top 25% of dividend payers in the UK market (4.91%)
Stability and Growth of Payments
Stable Dividend: BDEV has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BDEV's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.9%), BDEV's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (107.1%), BDEV's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Thomas (58 yo)
Mr. David Fraser Thomas has been Group Chief Executive Officer of Barratt Developments plc since July 1, 2015 and served as Chief Financial Officer since July 1, 2021. Mr. Thomas served as a Group Finance...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD4.85M) is above average for companies of similar size in the UK market ($USD3.28M).
Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.
Experienced Management: BDEV's management team is seasoned and experienced (11.8 years average tenure).
Experienced Board: BDEV's board of directors are considered experienced (5.8 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.
Barratt Developments plc's employee growth, exchange listings and data sources
- Name: Barratt Developments plc
- Ticker: BDEV
- Exchange: LSE
- Founded: 1958
- Industry: Homebuilding
- Sector: Consumer Durables
- Implied Market Cap: UK£4.993b
- Shares outstanding: 1.02b
- Website: https://www.barrattdevelopments.co.uk
Number of Employees
- Barratt Developments plc
- Barratt House
- Cartwright Way
- LE67 1UF
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/20 00:00|
|End of Day Share Price||2022/05/20 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.