GLE Stock Overview
MJ Gleeson plc engages in low-cost house building and land promotion activities in the United Kingdom.
MJ Gleeson Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£7.16|
|52 Week High||UK£9.10|
|52 Week Low||UK£6.84|
|1 Month Change||-3.50%|
|3 Month Change||-8.44%|
|1 Year Change||-3.24%|
|3 Year Change||-1.92%|
|5 Year Change||31.38%|
|Change since IPO||298.66%|
Recent News & Updates
|GLE||GB Consumer Durables||GB Market|
Return vs Industry: GLE underperformed the UK Consumer Durables industry which returned -0.5% over the past year.
Return vs Market: GLE underperformed the UK Market which returned 7.8% over the past year.
|GLE Average Weekly Movement||6.1%|
|Consumer Durables Industry Average Movement||4.1%|
|Market Average Movement||5.0%|
|10% most volatile stocks in GB Market||10.7%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: GLE is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GLE's weekly volatility (6%) has been stable over the past year.
About the Company
MJ Gleeson plc engages in low-cost house building and land promotion activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Land. It also engages in the house building activities in the north of England and Midlands; and sale of land in the south of England.
MJ Gleeson Fundamentals Summary
|GLE fundamental statistics|
Is GLE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GLE income statement (TTM)|
|Cost of Revenue||UK£198.53m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 10, 2022
|Earnings per share (EPS)||0.58|
|Net Profit Margin||11.74%|
How did GLE perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
Is MJ Gleeson undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GLE (£7.16) is trading above our estimate of fair value (£4.52)
Significantly Below Fair Value: GLE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GLE is good value based on its PE Ratio (12.3x) compared to the UK Consumer Durables industry average (12.9x).
PE vs Market: GLE is good value based on its PE Ratio (12.3x) compared to the UK market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: GLE is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: GLE is overvalued based on its PB Ratio (1.7x) compared to the GB Consumer Durables industry average (1.4x).
How is MJ Gleeson forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GLE's forecast earnings growth (10.3% per year) is above the savings rate (0.9%).
Earnings vs Market: GLE's earnings (10.3% per year) are forecast to grow slower than the UK market (12.1% per year).
High Growth Earnings: GLE's earnings are forecast to grow, but not significantly.
Revenue vs Market: GLE's revenue (11.2% per year) is forecast to grow faster than the UK market (4.8% per year).
High Growth Revenue: GLE's revenue (11.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GLE's Return on Equity is forecast to be low in 3 years time (14.6%).
How has MJ Gleeson performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLE has high quality earnings.
Growing Profit Margin: GLE's current net profit margins (11.7%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: GLE's earnings have declined by 6.7% per year over the past 5 years.
Accelerating Growth: GLE's earnings growth over the past year (604.5%) exceeds its 5-year average (-6.7% per year).
Earnings vs Industry: GLE earnings growth over the past year (604.5%) exceeded the Consumer Durables industry 57.9%.
Return on Equity
High ROE: GLE's Return on Equity (13.8%) is considered low.
How is MJ Gleeson's financial position?
Financial Position Analysis
Short Term Liabilities: GLE's short term assets (£300.5M) exceed its short term liabilities (£61.1M).
Long Term Liabilities: GLE's short term assets (£300.5M) exceed its long term liabilities (£7.2M).
Debt to Equity History and Analysis
Debt Level: GLE is debt free.
Reducing Debt: GLE had no debt 5 years ago.
Debt Coverage: GLE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GLE has no debt, therefore coverage of interest payments is not a concern.
What is MJ Gleeson current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GLE's dividend (2.09%) is higher than the bottom 25% of dividend payers in the UK market (1.41%).
High Dividend: GLE's dividend (2.09%) is low compared to the top 25% of dividend payers in the UK market (4.08%).
Stability and Growth of Payments
Stable Dividend: GLE's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.8%), GLE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GLE's dividends in 3 years are forecast to be well covered by earnings (25.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. James Thomson, MA (Oxon), ACA has been Chief Executive Officer at MJ Gleeson plc since December 2, 2019 and serves as its Director since June 10, 2019 and served as its Interim Chief Executive Officer...
CEO Compensation Analysis
Compensation vs Market: James's total compensation ($USD1.59M) is above average for companies of similar size in the UK market ($USD814.90K).
Compensation vs Earnings: James's compensation has increased by more than 20% in the past year.
Experienced Management: GLE's management team is seasoned and experienced (6.5 years average tenure).
Experienced Board: GLE's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GLE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MJ Gleeson plc's employee growth, exchange listings and data sources
- Name: MJ Gleeson plc
- Ticker: GLE
- Exchange: LSE
- Founded: 2014
- Industry: Homebuilding
- Sector: Consumer Durables
- Implied Market Cap: UK£417.409m
- Shares outstanding: 58.30m
- Website: https://www.mjgleesonplc.com
Number of Employees
- MJ Gleeson plc
- 6 Europa Court
- Sheffield Business Park
- South Yorkshire
- S9 1XE
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/23 18:51|
|End of Day Share Price||2022/01/21 00:00|
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.