Berkeley Group Holdings
Market Cap
UK£5.9b
Last Updated
2021/08/02 22:48 UTC
Data Sources
Company Financials +
Executive Summary
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has Berkeley Group Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BKG is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BKG's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
BKG
0.3%
GB Consumer Durables
0.9%
GB Market
1 Year Return
7.0%
BKG
35.2%
GB Consumer Durables
25.9%
GB Market
Return vs Industry: BKG underperformed the UK Consumer Durables industry which returned 36.9% over the past year.
Return vs Market: BKG underperformed the UK Market which returned 22.5% over the past year.
Shareholder returns
| BKG | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 0.3% | 0.9% |
| 30 Day | 3.9% | -0.3% | 1.6% |
| 90 Day | 5.8% | -2.4% | 6.5% |
| 1 Year | 9.7%7.0% | 40.9%35.2% | 26.0%25.9% |
| 3 Year | 41.6%31.9% | 33.6%17.3% | 25.0%24.9% |
| 5 Year | 117.2%83.6% | 97.8%55.0% | 40.3%13.5% |
Long-Term Price Volatility Vs. Market
How volatile is Berkeley Group Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Berkeley Group Holdings' (LON:BKG) Returns On Capital Not Reflecting Well On The Business2 weeks ago | Simply Wall St
Is Berkeley Group Holdings (LON:BKG) A Risky Investment?2 weeks ago | Simply Wall St
CEO & Executive Director Rob Perrins Just Bought 3.1% More Shares In The Berkeley Group Holdings plc (LON:BKG)Valuation
Is Berkeley Group Holdings undervalued compared to its fair value and its price relative to the market?
14.38x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BKG (£48.79) is trading above our estimate of fair value (£35.47)
Significantly Below Fair Value: BKG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BKG is good value based on its PE Ratio (14.4x) compared to the UK Consumer Durables industry average (24.2x).
PE vs Market: BKG is good value based on its PE Ratio (14.4x) compared to the UK market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: BKG is poor value based on its PEG Ratio (6.9x)
Price to Book Ratio
PB vs Industry: BKG is overvalued based on its PB Ratio (1.9x) compared to the GB Consumer Durables industry average (1.5x).
Future Growth
How is Berkeley Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
2.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKG's forecast earnings growth (2.1% per year) is above the savings rate (0.9%).
Earnings vs Market: BKG's earnings (2.1% per year) are forecast to grow slower than the UK market (14.8% per year).
High Growth Earnings: BKG's earnings are forecast to grow, but not significantly.
Revenue vs Market: BKG's revenue is expected to decline over the next 3 years (-0.6% per year).
High Growth Revenue: BKG's revenue is forecast to decline over the next 3 years (-0.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BKG's Return on Equity is forecast to be low in 3 years time (12.5%).
Past Performance
How has Berkeley Group Holdings performed over the past 5 years?
-6.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKG has high quality earnings.
Growing Profit Margin: BKG's current net profit margins (19.2%) are lower than last year (21.4%).
Past Earnings Growth Analysis
Earnings Trend: BKG's earnings have declined by 6.4% per year over the past 5 years.
Accelerating Growth: BKG's earnings growth over the past year (3.1%) exceeds its 5-year average (-6.4% per year).
Earnings vs Industry: BKG earnings growth over the past year (3.1%) exceeded the Consumer Durables industry -45.1%.
Return on Equity
High ROE: BKG's Return on Equity (13.3%) is considered low.
Financial Health
How is Berkeley Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: BKG's short term assets (£5.2B) exceed its short term liabilities (£1.7B).
Long Term Liabilities: BKG's short term assets (£5.2B) exceed its long term liabilities (£694.8M).
Debt to Equity History and Analysis
Debt Level: BKG's debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: BKG's debt to equity ratio has increased from 0.01% to 9.4% over the past 5 years.
Debt Coverage: BKG's debt is well covered by operating cash flow (108.1%).
Interest Coverage: BKG's interest payments on its debt are well covered by EBIT (76.1x coverage).
Balance Sheet
Dividend
What is Berkeley Group Holdings's current dividend yield, its reliability and sustainability?
2.38%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BKG's dividend (2.38%) is higher than the bottom 25% of dividend payers in the UK market (1.32%).
High Dividend: BKG's dividend (2.38%) is low compared to the top 25% of dividend payers in the UK market (3.93%).
Stability and Growth of Payments
Stable Dividend: BKG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BKG's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.5%), BKG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BKG's dividends in 3 years are forecast to be covered by earnings (61.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Rob Perrins (56 yo)
11.92yrs
Tenure
UK£8,030,000
Compensation
Mr. Rob C. Perrins, BSC (Hons), FCA, has been Chief Executive of The Berkeley Group Holdings plc since September 9, 2009. Mr. Perrins served as Managing Director of The Berkeley Group Holdings plc since Se...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD11.16M) is above average for companies of similar size in the UK market ($USD2.22M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BKG's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: BKG's board of directors are considered experienced (8.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BKG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Berkeley Group Holdings plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Berkeley Group Holdings plc
- Ticker: BKG
- Exchange: LSE
- Founded: 1976
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: UK£5.938b
- Shares outstanding: 121.70m
- Website: https://www.berkeleygroup.co.uk
Number of Employees
Location
- The Berkeley Group Holdings plc
- Berkeley House
- 19 Portsmouth Road
- Cobham
- Surrey
- KT11 1JG
- United Kingdom
Listings
Biography
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. It operates under the Berkeley, St Edwar...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/02 22:48 |
| End of Day Share Price | 2021/08/02 00:00 |
| Earnings | 2021/04/30 |
| Annual Earnings | 2021/04/30 |
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.