Berkeley Group Holdings
Market Cap
UK£5.6b
Last Updated
2019/11/21 20:44 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.
Snowflake
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.4%
BKG
0.8%
GB Consumer Durables
-0.2%
GB Market
1 Year Return
28.5%
BKG
16.4%
GB Consumer Durables
4.7%
GB Market
Return vs Industry: BKG exceeded the UK Consumer Durables industry which returned 16.4% over the past year.
Return vs Market: BKG exceeded the UK Market which returned 4.7% over the past year.
Shareholder returns
| BKG | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | 0.8% | -0.2% |
| 30 Day | -1.7% | -1.5% | 0.8% |
| 90 Day | 12.5% | 12.7% | 3.7% |
| 1 Year | 29.4%28.5% | 24.6%16.4% | 10.1%4.7% |
| 3 Year | 96.9%82.8% | 61.7%35.2% | 20.9%5.6% |
| 5 Year | 113.2%74.1% | 106.1%54.4% | 32.3%2.2% |
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
6 days ago | Simply Wall St
Can The Berkeley Group Holdings plc (LON:BKG) Maintain Its Strong Returns?2 weeks ago | Simply Wall St
Berkeley Group Holdings (LON:BKG) Has A Pretty Healthy Balance Sheet1 month ago | Simply Wall St
Is Berkeley Group Holdings's (LON:BKG) Share Price Gain Of 101% Well Earned?Valuation
Is Berkeley Group Holdings undervalued compared to its fair value and its price relative to the market?
9.28x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BKG (£44.65) is trading above our estimate of fair value (£30.21)
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 (9.3x) compared to the Consumer Durables industry average (10.7x).
PE vs Market: BKG is good value based on its PE Ratio (9.3x) compared to the UK market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: BKG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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 (1.4x).
Next Steps
Future Growth
How is Berkeley Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
-5.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKG's earnings are forecast to decline over the next 3 years (-5.1% per year).
Earnings vs Market: BKG's earnings are forecast to decline over the next 3 years (-5.1% per year).
High Growth Earnings: BKG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BKG's revenue is expected to decline over the next 3 years (-7.3% per year).
High Growth Revenue: BKG's revenue is forecast to decline over the next 3 years (-7.3% 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 (13.5%).
Next Steps
Past Performance
How has Berkeley Group Holdings performed over the past 5 years?
16.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKG has high quality earnings.
Growing Profit Margin: BKG's current net profit margins (21.2%) are lower than last year (28%).
Past Earnings Growth Analysis
Earnings Trend: BKG's earnings have grown by 16.4% per year over the past 5 years.
Accelerating Growth: BKG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BKG had negative earnings growth (-21.1%) over the past year, making it difficult to compare to the Consumer Durables industry average (5%).
Return on Equity
High ROE: BKG's Return on Equity (21.2%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Berkeley Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: BKG's short term assets (£4.5B) exceeds its short term liabilities (£1.6B)
Long Term Liabilities: BKG's short term assets (£4.5B) exceeds its long term liabilities (399.6M)
Debt to Equity History and Analysis
Debt Level: BKG's debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: BKG's debt to equity ratio has increased from 0.08% to 10.1% over the past 5 years.
Debt Coverage: BKG's debt is well covered by operating cash flow (204.1%).
Interest Coverage: BKG's interest payments on its debt are well covered by EBIT (384.2x coverage).
Balance Sheet
Inventory Level: BKG has a high level of physical assets or inventory.
Debt Coverage by Assets: BKG's debt is covered by short term assets (assets are 14.9x debt).
Next Steps
Dividend
What is Berkeley Group Holdings's current dividend yield, its reliability and sustainability?
0.61%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BKG's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.97%).
High Dividend: BKG's dividend (0.61%) is low compared to the top 25% of dividend payers in the UK market (5.33%).
Stability and Growth of Payments
Stable Dividend: BKG is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: BKG is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: BKG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BKG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
What is the CEO of Berkeley Group Holdings's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Rob Perrins (54yo)
10.2yrs
Tenure
UK£7,809,000
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 ($USD10.08M) is above average for companies of similar size in the UK market ($USD3.42M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.3yrs
Average Tenure
54yo
Average Age
Experienced Management: BKG's management team is considered experienced (3.3 years average tenure).
Board Age and Tenure
9.7yrs
Average Tenure
60yo
Average Age
Experienced Board: BKG's board of directors are considered experienced (9.7 years average tenure).
Insider Trading
Insider Buying: BKG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 2,000 |
| Max Price | UK£43.96 |
| Entity | Individual |
| Role | Member of the Board of Directors Executive Director |
| Shares | 7,501 |
| Max Price | UK£42.01 |
| Entity | Individual |
| Role | Member of the Board of Directors Group Finance Director & Executive Director |
| Shares | 3,553 |
| Max Price | UK£42.01 |
| Entity | Individual |
| Role | Member of the Board of Directors Executive Director |
| Shares | 3,574 |
| Max Price | UK£42.01 |
| Entity | Individual |
| Shares | 5,785 |
| Max Price | UK£42.01 |
| Entity | Individual |
| Role | Vice Chairman Deputy Chairman & Senior Independent Director |
| Shares | 4,080 |
| Max Price | UK£40.81 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Executive Director |
| Shares | 300,000 |
| Max Price | UK£39.70 |
| Entity | Individual |
| Shares | 1,500 |
| Max Price | UK£39.51 |
| Entity | Individual |
| Shares | 31,295 |
| Max Price | UK£38.97 |
| Entity | Individual |
| Role | Member of the Board of Directors Executive Director |
| Shares | 31,500 |
| Max Price | UK£38.17 |
| Entity | Individual |
| Role | Member of the Board of Directors Executive Director |
| Shares | 5,138 |
| Max Price | UK£37.99 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Rob Perrins (54yo)
CEO & Executive Director
- Tenure: 10.2yrs
- Compensation: UK£7.81m
Tony Pidgley (71yo)
Co-Founder & Group Executive Chairman
- Tenure: 10.2yrs
- Compensation: UK£8.26m
Jared S. Cranney
Company Secretary
- Tenure: 1.5yrs
Karl Whiteman (54yo)
Executive Director
- Tenure: 10.2yrs
- Compensation: UK£3.15m
Sean Ellis
Executive Director
- Tenure: 9.2yrs
- Compensation: UK£4.96m
Richard Stearn (50yo)
Group Finance Director & Executive Director
- Tenure: 4.6yrs
- Compensation: UK£3.19m
Chris Gilbert
Managing Director of Berkeley Homes Southern
- Tenure: 0yrs
Justin Tibaldi
Executive Director
- Tenure: 0yrs
- Compensation: UK£2.28m
Paul Vallone
Executive Director
- Tenure: 0yrs
- Compensation: UK£2.29m
A. Dowsett
Managing Director of St William.
- Tenure: 0yrs
Board Members
John Armitt (73yo)
Independent Non-Executive Director
- Tenure: 12.1yrs
- Compensation: UK£80.00k
Rob Perrins (54yo)
CEO & Executive Director
- Tenure: 10.2yrs
- Compensation: UK£7.81m
Tony Pidgley (71yo)
Co-Founder & Group Executive Chairman
- Tenure: 10.2yrs
- Compensation: UK£8.26m
Glyn Barker (66yo)
Deputy Chairman & Senior Independent Director
- Tenure: 1.6yrs
- Compensation: UK£119.50k
Karl Whiteman (54yo)
Executive Director
- Tenure: 10.2yrs
- Compensation: UK£3.15m
Andy Myers
Independent Non-Executive Director
- Tenure: 5.9yrs
- Compensation: UK£79.00k
Sean Ellis
Executive Director
- Tenure: 9.2yrs
- Compensation: UK£4.96m
Richard Stearn (50yo)
Group Finance Director & Executive Director
- Tenure: 4.6yrs
- Compensation: UK£3.19m
Justin Tibaldi
Executive Director
- Tenure: 0yrs
- Compensation: UK£2.28m
Paul Vallone
Executive Director
- Tenure: 0yrs
- Compensation: UK£2.29m
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£5.602b
- Shares outstanding: 125.46m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BKG | LSE (London Stock Exchange) | Yes | New Ordinary Shares | GB | GBP | Jan 1992 |
| 42BA | DB (Deutsche Boerse AG) | Yes | New Ordinary Shares | DE | EUR | Jan 1992 |
| BKGL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | New Ordinary Shares | GB | GBP | Jan 1992 |
| BKG N | BMV (Bolsa Mexicana de Valores) | Yes | New Ordinary Shares | MX | MXN | Jan 1992 |
| BKGF.F | OTCPK (Pink Sheets LLC) | Units | US | USD | Apr 2005 | |
| BKGF.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Oct 2008 |
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 | 2019/11/21 20:44 |
| End of Day Share Price | 2019/11/21 00:00 |
| Earnings | 2019/04/30 |
| Annual Earnings | 2019/04/30 |
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.