LSE:BOOT

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet with reasonable growth potential 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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-10.0%

BOOT

-9.7%

GB Consumer Durables

-4.6%

GB Market


1 Year Return

0.4%

BOOT

-22.2%

GB Consumer Durables

-16.3%

GB Market

Return vs Industry: BOOT exceeded the UK Consumer Durables industry which returned -22.2% over the past year.

Return vs Market: BOOT exceeded the UK Market which returned -16.3% over the past year.


Shareholder returns

BOOTIndustryMarket
7 Day-10.0%-9.7%-4.6%
30 Day-5.1%-11.7%-3.5%
90 Day-6.9%-10.4%-3.3%
1 Year1.8%0.4%-20.0%-22.2%-12.8%-16.3%
3 Year-14.4%-20.8%-12.9%-25.0%-7.6%-18.9%
5 Year25.0%9.0%6.5%-17.8%21.0%-6.3%

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?

13.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BOOT (£2.42) is trading above our estimate of fair value (£0.55)

Significantly Below Fair Value: BOOT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BOOT is poor value based on its PE Ratio (13.3x) compared to the GB Consumer Durables industry average (12.5x).

PE vs Market: BOOT is good value based on its PE Ratio (13.3x) compared to the UK market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: BOOT is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: BOOT is overvalued based on its PB Ratio (1x) compared to the GB Consumer Durables industry average (0.9x).


Next Steps

Future Growth

How is Henry Boot forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

24.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOOT's forecast earnings growth (24.8% per year) is above the savings rate (1.2%).

Earnings vs Market: BOOT's earnings (24.8% per year) are forecast to grow faster than the UK market (23.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BOOT's revenue (6.6% per year) is forecast to grow faster than the UK market (6.3% per year).

High Growth Revenue: BOOT's revenue (6.6% 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 (8.7%).


Next Steps

Past Performance

How has Henry Boot performed over the past 5 years?

7.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOOT has high quality earnings.

Growing Profit Margin: BOOT's current net profit margins (8.1%) are lower than last year (9.1%).


Past Earnings Growth Analysis

Earnings Trend: BOOT's earnings have grown by 7.8% per year over the past 5 years.

Accelerating Growth: BOOT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BOOT had negative earnings growth (-32%) over the past year, making it difficult to compare to the Consumer Durables industry average (-34.6%).


Return on Equity

High ROE: BOOT's Return on Equity (8.3%) is considered low.


Next Steps

Financial Health

How is Henry Boot's financial position?


Financial Position Analysis

Short Term Liabilities: BOOT's short term assets (£317.8M) exceed its short term liabilities (£87.5M).

Long Term Liabilities: BOOT's short term assets (£317.8M) exceed its long term liabilities (£55.8M).


Debt to Equity History and Analysis

Debt Level: BOOT's debt to equity ratio (4.2%) is considered satisfactory.

Reducing Debt: BOOT's debt to equity ratio has reduced from 33.4% to 4.2% over the past 5 years.

Debt Coverage: BOOT's debt is well covered by operating cash flow (359.6%).

Interest Coverage: BOOT's interest payments on its debt are well covered by EBIT (55.6x coverage).


Balance Sheet


Next Steps

Dividend

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

2.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BOOT's dividend (2.07%) is higher than the bottom 25% of dividend payers in the UK market (1.86%).

High Dividend: BOOT's dividend (2.07%) is low compared to the top 25% of dividend payers in the UK market (5.22%).


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 low payout ratio (19.2%), 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 (34% payout ratio).


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Tim Roberts (55 yo)

0.67

Tenure

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Darren Littlewood
Group Finance Director & Executive Director4.67yrsUK£515.00k0.14%
£ 451.4k
Timothy Roberts
CEO & Director0.67yrno data0.049%
£ 157.3k
Richard Grafton
Head of Policy & Complianceno datano datano data
Amy Stanbridge
Head of Legal and Commercial & Company Secretaryno datano datano data
Rachel White
Head of Human Resourcesno datano datano data
Giles Boot
Managing Director of Banner Plant Limited20.67yrsno datano data
Simon Carr
Managing Director of Henry Boot Construction Limited11yrsno datano data
Darren Stubbs
Managing Director of Stonebridge Homes Limited10.67yrsno datano data
Nick Duckworth
Managing Director of Hallam Land Management Limited4.67yrsno datano data
Edward Hutchinson
Managing Director of Henry Boot Developments Limited2.67yrsno datano data

4.8yrs

Average Tenure

55yo

Average Age

Experienced Management: BOOT's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Darren Littlewood
Group Finance Director & Executive Director4.67yrsUK£515.00k0.14%
£ 451.4k
Timothy Roberts
CEO & Director0.67yrno data0.049%
£ 157.3k
Edward Boot
Chairman of the Board4.67yrsUK£88.00k4.85%
£ 15.6m
Jonathan Sykes
Non-Independent Non-Executive Director9.5yrsUK£46.00k15.63%
£ 50.2m
Joanne Lake
Independent Deputy Chairman4.67yrsUK£46.00k0.0081%
£ 25.9k
Peter Mawson
Independent Non-Executive Director4.92yrsUK£46.00k0.010%
£ 32.0k
Gerald Jennings
Independent Non-Executive Director4.92yrsUK£46.00k0.015%
£ 48.2k

4.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: BOOT's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BOOT 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£321.139m
  • Shares outstanding: 132.70m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOOTLSE (London Stock Exchange)YesOrdinary SharesGBGBPMay 1992
BOOTLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPMay 1992
0KHBST (Boerse-Stuttgart)YesOrdinary SharesDEEURMay 1992

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 Analysis2020/09/23 03:36
End of Day Share Price2020/09/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.