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CSP

Countryside Partnerships LSE:CSP Stock Report

Last Price

UK£2.72

Market Cap

UK£1.4b

7D

0.5%

1Y

-44.3%

Updated

25 Jun, 2022

Data

Company Financials +
CSP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

CSP Stock Overview

Countryside Partnerships PLC operates as a home builder and urban regeneration partner in the United Kingdom.

Countryside Partnerships Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Countryside Partnerships
Historical stock prices
Current Share PriceUK£2.72
52 Week HighUK£5.80
52 Week LowUK£2.18
Beta1.62
1 Month Change12.68%
3 Month Change-0.073%
1 Year Change-44.31%
3 Year Change-8.85%
5 Year Change-20.24%
Change since IPO15.75%

Recent News & Updates

Shareholder Returns

CSPGB Consumer DurablesGB Market
7D0.5%-1.5%2.3%
1Y-44.3%-32.3%-8.6%

Return vs Industry: CSP underperformed the UK Consumer Durables industry which returned -32.3% over the past year.

Return vs Market: CSP underperformed the UK Market which returned -8.6% over the past year.

Price Volatility

Is CSP's price volatile compared to industry and market?
CSP volatility
CSP Average Weekly Movement9.2%
Consumer Durables Industry Average Movement4.4%
Market Average Movement5.5%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.8%

Stable Share Price: CSP is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: CSP's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
19582,045John Martinhttps://www.countrysidepartnerships.com

Countryside Partnerships PLC operates as a home builder and urban regeneration partner in the United Kingdom. The company offers mixed tenure developments, including affordable homes, homes for the private rental sector, and homes for private sale across London, the North, the Midlands, the South West and the Home Counties. It has a total land bank of 56,806 plots.

Countryside Partnerships Fundamentals Summary

How do Countryside Partnerships's earnings and revenue compare to its market cap?
CSP fundamental statistics
Market CapUK£1.36b
Earnings (TTM)-UK£115.70m
Revenue (TTM)UK£1.31b

1.0x

P/S Ratio

-11.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSP income statement (TTM)
RevenueUK£1.31b
Cost of RevenueUK£1.21b
Gross ProfitUK£104.50m
Other ExpensesUK£220.20m
Earnings-UK£115.70m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin7.96%
Net Profit Margin-8.81%
Debt/Equity Ratio20.6%

How did CSP perform over the long term?

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

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 CSP?

Other financial metrics that can be useful for relative valuation.

CSP 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/Revenue1.1x
Enterprise Value/EBITDA-59.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CSP's PS Ratio compare to its peers?

CSP PS Ratio vs Peers
The above table shows the PS ratio for CSP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1x

Price-To-Sales vs Peers: CSP is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (1x).


Price to Earnings Ratio vs Industry

How does CSP's PE Ratio compare vs other companies in the U.K. Consumer Durables Industry?

Price-To-Sales vs Industry: CSP is expensive based on its Price-To-Sales Ratio (1x) compared to the UK Consumer Durables industry average (0.9x)


Price to Sales Ratio vs Fair Ratio

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

CSP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ratio0.8x

Price-To-Sales vs Fair Ratio: CSP is expensive based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).


Share Price vs Fair Value

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

Below Fair Value: CSP (£2.72) is trading above our estimate of fair value (£1.01)

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


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CSP's PEG Ratio to determine if it is good value.


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Future Growth

How is Countryside Partnerships forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


69.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: CSP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CSP is expected to become profitable in the next 3 years.

Revenue vs Market: CSP's revenue (6.6% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: CSP'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: CSP's Return on Equity is forecast to be low in 3 years time (13.1%).


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Past Performance

How has Countryside Partnerships performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-34.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CSP is currently unprofitable.

Growing Profit Margin: CSP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CSP is unprofitable, and losses have increased over the past 5 years at a rate of 34.7% per year.

Accelerating Growth: Unable to compare CSP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CSP is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (114.8%).


Return on Equity

High ROE: CSP has a negative Return on Equity (-12.77%), as it is currently unprofitable.


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Financial Health

How is Countryside Partnerships's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CSP's short term assets (£1.7B) exceed its short term liabilities (£401.3M).

Long Term Liabilities: CSP's short term assets (£1.7B) exceed its long term liabilities (£590.9M).


Debt to Equity History and Analysis

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

Reducing Debt: CSP's debt to equity ratio has increased from 5.9% to 20.6% over the past 5 years.

Debt Coverage: CSP's debt is not well covered by operating cash flow (14.8%).

Interest Coverage: Insufficient data to determine if CSP's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Countryside Partnerships'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

Dividend Yield vs Market

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

High Dividend: Unable to evaluate CSP'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 CSP's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

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


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Management

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

1.4yrs

Average management tenure


CEO

John Martin (55 yo)

0.42

Tenure

UK£93,000

Compensation

Mr. John W. Martin serves as Independent Non-Executive Director at Ocado Group plc since June 01, 2019. He serves as Interim CEO at Countryside Properties PLC since January 13, 2022 and serves as its Execu...


Leadership Team

Experienced Management: CSP's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: CSP's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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

Countryside Partnerships PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Countryside Partnerships PLC
  • Ticker: CSP
  • Exchange: LSE
  • Founded: 1958
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Implied Market Cap: UK£1.358b
  • Shares outstanding: 499.29m
  • Website: https://www.countrysidepartnerships.com

Number of Employees


Location

  • Countryside Partnerships PLC
  • Countryside House
  • The Drive
  • Brentwood
  • Essex
  • CM13 3AT
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


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.