company background image
BKG

Berkeley Group Holdings LSE:BKG Stock Report

Last Price

UK£37.43

Market Cap

UK£4.1b

7D

0.2%

1Y

-26.4%

Updated

01 Jul, 2022

Data

Company Financials +
BKG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends0/6

BKG Stock Overview

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom.

Berkeley Group Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Berkeley Group Holdings
Historical stock prices
Current Share PriceUK£37.43
52 Week HighUK£53.84
52 Week LowUK£34.90
Beta1.03
1 Month Change-11.68%
3 Month Change0.40%
1 Year Change-26.39%
3 Year Change-7.15%
5 Year Change4.87%
Change since IPO1,277.16%

Recent News & Updates

Jun 08
Is Now An Opportune Moment To Examine The Berkeley Group Holdings plc (LON:BKG)?

Is Now An Opportune Moment To Examine The Berkeley Group Holdings plc (LON:BKG)?

The Berkeley Group Holdings plc ( LON:BKG ), might not be a large cap stock, but it saw a decent share price growth in...

May 17
Returns On Capital At Berkeley Group Holdings (LON:BKG) Paint A Concerning Picture

Returns On Capital At Berkeley Group Holdings (LON:BKG) Paint A Concerning Picture

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...

Shareholder Returns

BKGGB Consumer DurablesGB Market
7D0.2%-1.0%-1.1%
1Y-26.4%-34.1%-9.7%

Return vs Industry: BKG exceeded the UK Consumer Durables industry which returned -34.1% over the past year.

Return vs Market: BKG underperformed the UK Market which returned -9.5% over the past year.

Price Volatility

Is BKG's price volatile compared to industry and market?
BKG volatility
BKG Average Weekly Movement4.1%
Consumer Durables Industry Average Movement4.5%
Market Average Movement5.4%
10% most volatile stocks in GB Market10.6%
10% least volatile stocks in GB Market2.8%

Stable Share Price: BKG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BKG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19762,705Rob Perrinshttps://www.berkeleygroup.co.uk

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 Edward, St George, St James, St Joseph, and St William brand names. The company was founded in 1976 and is headquartered in Cobham, the United Kingdom.

Berkeley Group Holdings Fundamentals Summary

How do Berkeley Group Holdings's earnings and revenue compare to its market cap?
BKG fundamental statistics
Market CapUK£4.15b
Earnings (TTM)UK£482.40m
Revenue (TTM)UK£2.35b

8.6x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BKG income statement (TTM)
RevenueUK£2.35b
Cost of RevenueUK£1.68b
Gross ProfitUK£664.80m
Other ExpensesUK£182.40m
EarningsUK£482.40m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

Aug 03, 2022

Earnings per share (EPS)4.35
Gross Margin28.31%
Net Profit Margin20.55%
Debt/Equity Ratio21.0%

How did BKG perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is BKG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BKG?

Other financial metrics that can be useful for relative valuation.

BKG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA7.6x
PEG Ratio-6.2x

Price to Earnings Ratio vs Peers

How does BKG's PE Ratio compare to its peers?

BKG PE Ratio vs Peers
The above table shows the PE ratio for BKG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.2x
TW. Taylor Wimpey
7.5x10.7%UK£4.2b
BDEV Barratt Developments
7.1x5.6%UK£4.7b
PSN Persimmon
7.6x0.3%UK£6.0b
BWY Bellway
6.5x8.9%UK£2.7b
BKG Berkeley Group Holdings
8.6x-1.4%UK£4.1b

Price-To-Earnings vs Peers: BKG is expensive based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (7.2x).


Price to Earnings Ratio vs Industry

How does BKG's PE Ratio compare vs other companies in the GB Consumer Durables Industry?

Price-To-Earnings vs Industry: BKG is good value based on its Price-To-Earnings Ratio (8.6x) compared to the UK Consumer Durables industry average (10.2x)


Price to Earnings Ratio vs Fair Ratio

What is BKG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BKG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ratio13.8x

Price-To-Earnings vs Fair Ratio: BKG is good value based on its Price-To-Earnings Ratio (8.6x) compared to the estimated Fair Price-To-Earnings Ratio (13.8x).


Share Price vs Fair Value

What is the Fair Price of BKG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BKG (£37.43) is trading below our estimate of fair value (£143.95)

Significantly Below Fair Value: BKG is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: BKG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Discover undervalued companies

Future Growth

How is Berkeley Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-1.4%

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 (-1.4% per year).

Earnings vs Market: BKG's earnings are forecast to decline over the next 3 years (-1.4% per year).

High Growth Earnings: BKG's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BKG's revenue (6.1% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: BKG's revenue (6.1% per year) is forecast to grow slower than 20% 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 (12.9%).


Discover growth companies

Past Performance

How has Berkeley Group Holdings performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-13.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BKG has a high level of non-cash earnings.

Growing Profit Margin: BKG's current net profit margins (20.5%) are higher than last year (19.2%).


Past Earnings Growth Analysis

Earnings Trend: BKG's earnings have declined by 13.7% per year over the past 5 years.

Accelerating Growth: BKG's earnings growth over the past year (14.1%) exceeds its 5-year average (-13.7% per year).

Earnings vs Industry: BKG earnings growth over the past year (14.1%) underperformed the Consumer Durables industry 120.1%.


Return on Equity

High ROE: BKG's Return on Equity (15.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Berkeley Group Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BKG's short term assets (£6.2B) exceed its short term liabilities (£2.0B).

Long Term Liabilities: BKG's short term assets (£6.2B) exceed its long term liabilities (£1.5B).


Debt to Equity History and Analysis

Debt Level: BKG has more cash than its total debt.

Reducing Debt: BKG's debt to equity ratio has increased from 14% to 21% over the past 5 years.

Debt Coverage: BKG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: BKG's interest payments on its debt are well covered by EBIT (40.6x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Berkeley Group Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.19%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate BKG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BKG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BKG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BKG's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: BKG is not paying a notable dividend for the UK market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BKG has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Rob Perrins (57 yo)

12.75yrs

Tenure

UK£7,971,000

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 ($USD9.59M) is above average for companies of similar size in the UK market ($USD3.22M).

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 (5.8 years average tenure).


Board Members

Experienced Board: BKG's board of directors are considered experienced (8.3 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 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
  • Implied Market Cap: UK£4.149b
  • Shares outstanding: 110.85m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/04/30
Annual Earnings2022/04/30


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.