NOT FOR DISTRIBUTION
Header cover image

Market Cap

UK£363.9m

Last Updated

2021/09/17 22:26 UTC

Data Sources

Company Financials +

Executive Summary

Henry Boot PLC engages in the property investment and development activities in the United Kingdom. More Details


Snowflake Analysis

Very undervalued with excellent balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Henry Boot's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BOOT is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BOOT's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-4.5%

BOOT

0.5%

GB Consumer Durables

-1.0%

GB Market


1 Year Return

6.6%

BOOT

37.7%

GB Consumer Durables

19.2%

GB Market

Return vs Industry: BOOT underperformed the UK Consumer Durables industry which returned 36% over the past year.

Return vs Market: BOOT underperformed the UK Market which returned 19.4% over the past year.


Shareholder returns

BOOTIndustryMarket
7 Day-4.5%0.5%-1.0%
30 Day-0.4%-4.5%-2.2%
90 Day6.2%-0.7%0.5%
1 Year7.9%6.6%44.2%37.7%24.1%19.2%
3 Year3.8%-2.5%31.4%14.6%15.3%2.5%
5 Year53.8%36.7%80.3%41.5%35.4%10.7%

Long-Term Price Volatility Vs. Market

How volatile is Henry Boot's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Henry Boot undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOOT (£2.74) is trading below our estimate of fair value (£6.18)

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


Price To Earnings Ratio

PE vs Industry: BOOT is good value based on its PE Ratio (14.5x) compared to the UK Consumer Durables industry average (16.1x).

PE vs Market: BOOT is good value based on its PE Ratio (14.5x) compared to the UK market (23.8x).


Price to Earnings Growth Ratio

PEG Ratio: BOOT is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: BOOT is good value based on its PB Ratio (1.1x) compared to the GB Consumer Durables industry average (1.6x).


Future Growth

How is Henry Boot forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

20.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOOT's forecast earnings growth (20% per year) is above the savings rate (0.9%).

Earnings vs Market: BOOT's earnings (20% per year) are forecast to grow faster than the UK market (13.3% per year).

High Growth Earnings: BOOT's earnings are forecast to grow, but not significantly.

Revenue vs Market: BOOT's revenue (16.8% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: BOOT's revenue (16.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BOOT's Return on Equity is forecast to be low in 3 years time (9.5%).


Past Performance

How has Henry Boot performed over the past 5 years?

-7.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOOT has a large one-off gain of £14.4M impacting its June 30 2021 financial results.

Growing Profit Margin: BOOT's current net profit margins (10.3%) are higher than last year (8.1%).


Past Earnings Growth Analysis

Earnings Trend: BOOT's earnings have declined by 7.5% per year over the past 5 years.

Accelerating Growth: BOOT's earnings growth over the past year (3.9%) exceeds its 5-year average (-7.5% per year).

Earnings vs Industry: BOOT earnings growth over the past year (3.9%) underperformed the Consumer Durables industry 5.5%.


Return on Equity

High ROE: BOOT's Return on Equity (8.2%) is considered low.


Financial Health

How is Henry Boot's financial position?


Financial Position Analysis

Short Term Liabilities: BOOT's short term assets (£323.5M) exceed its short term liabilities (£112.8M).

Long Term Liabilities: BOOT's short term assets (£323.5M) exceed its long term liabilities (£31.0M).


Debt to Equity History and Analysis

Debt Level: BOOT's debt to equity ratio (8.2%) is considered satisfactory.

Reducing Debt: BOOT's debt to equity ratio has reduced from 26.8% to 8.2% over the past 5 years.

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

Interest Coverage: BOOT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Henry Boot current dividend yield, its reliability and sustainability?

2.09%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 18 2021Ex Dividend DateSep 23 2021Dividend Pay DateOct 15 202122 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: BOOT's dividend (2.09%) is higher than the bottom 25% of dividend payers in the UK market (1.32%).

High Dividend: BOOT's dividend (2.09%) is low compared to the top 25% of dividend payers in the UK market (3.94%).


Stability and Growth of Payments

Stable Dividend: BOOT's dividend payments have been volatile in the past 10 years.

Growing Dividend: BOOT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.1%), BOOT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BOOT's dividends in 3 years are forecast to be well covered by earnings (28.5% payout ratio).


Next Steps

Management

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

4.7yrs

Average management tenure


CEO

Tim Roberts (56 yo)

1.67yrs

Tenure

UK£715,000

Compensation

Mr. Timothy A. Roberts, also known as Tim, B.Sc., MRICS is the Chief Executive Officer at Henry Boot PLC since January 1, 2020 and serves as its Director. Mr. Roberts served as the Head of Offices at The B...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD983.40K) is above average for companies of similar size in the UK market ($USD720.95K).

Compensation vs Earnings: Insufficient data to compare Tim's compensation with company performance.


Leadership Team

Experienced Management: BOOT's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: BOOT's board of directors are considered experienced (5.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Henry Boot PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Henry Boot PLC
  • Ticker: BOOT
  • Exchange: LSE
  • Founded: 1886
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: UK£363.925m
  • Shares outstanding: 132.82m
  • Website: https://www.henryboot.co.uk

Number of Employees


Location

  • Henry Boot PLC
  • Banner Cross Hall
  • Ecclesall Road South
  • Sheffield
  • South Yorkshire
  • S11 9PD
  • United Kingdom

Listings


Biography

Henry Boot PLC engages in the property investment and development activities in the United Kingdom. It operates through three segments: Property Investment and Development, Land Promotion, and Construction...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:26
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.