PSN Stock Overview
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£27.59|
|52 Week High||UK£32.72|
|52 Week Low||UK£24.32|
|1 Month Change||1.40%|
|3 Month Change||-6.16%|
|1 Year Change||3.88%|
|3 Year Change||45.75%|
|5 Year Change||61.91%|
|Change since IPO||1,089.22%|
Recent News & Updates
Persimmon (LON:PSN) Looks To Prolong Its Impressive Returns
If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Should You Think About Buying Persimmon Plc (LON:PSN) Now?
Persimmon Plc ( LON:PSN ) received a lot of attention from a substantial price movement on the LSE over the last few...
A Look At The Intrinsic Value Of Persimmon Plc (LON:PSN)
How far off is Persimmon Plc ( LON:PSN ) from its intrinsic value? Using the most recent financial data, we'll take a...
We Like Persimmon's (LON:PSN) Earnings For More Than Just Statutory Profit
Persimmon Plc's ( LON:PSN ) recent earnings report didn't offer any surprises, with the shares unchanged over the last...
|PSN||GB Consumer Durables||GB Market|
Return vs Industry: PSN matched the UK Consumer Durables industry which returned 4.5% over the past year.
Return vs Market: PSN underperformed the UK Market which returned 11.6% over the past year.
|PSN Average Weekly Movement||3.5%|
|Consumer Durables Industry Average Movement||3.6%|
|Market Average Movement||4.9%|
|10% most volatile stocks in GB Market||9.7%|
|10% least volatile stocks in GB Market||2.6%|
Stable Share Price: PSN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PSN's weekly volatility (4%) has been stable over the past year.
About the Company
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; executive housing under the Charles Church brand; and social housing under the Westbury Partnerships brand name. It also provides broadband services.
Persimmon Fundamentals Summary
|PSN fundamental statistics|
Is PSN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PSN income statement (TTM)|
|Cost of Revenue||UK£2.89b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Mar 02, 2022
|Earnings per share (EPS)||2.48|
|Net Profit Margin||19.91%|
How did PSN perform over the long term?See historical performance and comparison
8.5%Current Dividend Yield
Is Persimmon undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PSN (£27.59) is trading below our estimate of fair value (£34.81)
Significantly Below Fair Value: PSN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PSN is good value based on its PE Ratio (11.1x) compared to the UK Consumer Durables industry average (12.3x).
PE vs Market: PSN is good value based on its PE Ratio (11.1x) compared to the UK market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: PSN is poor value based on its PEG Ratio (6.7x)
Price to Book Ratio
PB vs Industry: PSN is overvalued based on its PB Ratio (2.5x) compared to the GB Consumer Durables industry average (1.4x).
How is Persimmon forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSN's forecast earnings growth (1.7% per year) is above the savings rate (0.9%).
Earnings vs Market: PSN's earnings (1.7% per year) are forecast to grow slower than the UK market (12.3% per year).
High Growth Earnings: PSN's earnings are forecast to grow, but not significantly.
Revenue vs Market: PSN's revenue (5% per year) is forecast to grow faster than the UK market (4.9% per year).
High Growth Revenue: PSN's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSN's Return on Equity is forecast to be high in 3 years time (22.3%)
How has Persimmon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PSN has high quality earnings.
Growing Profit Margin: PSN's current net profit margins (19.9%) are lower than last year (21.9%).
Past Earnings Growth Analysis
Earnings Trend: PSN's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: PSN's earnings growth over the past year (17.3%) exceeds its 5-year average (2.5% per year).
Earnings vs Industry: PSN earnings growth over the past year (17.3%) underperformed the Consumer Durables industry 57.9%.
Return on Equity
High ROE: PSN's Return on Equity (22.2%) is considered high.
How is Persimmon's financial position?
Financial Position Analysis
Short Term Liabilities: PSN's short term assets (£4.3B) exceed its short term liabilities (£911.3M).
Long Term Liabilities: PSN's short term assets (£4.3B) exceed its long term liabilities (£255.1M).
Debt to Equity History and Analysis
Debt Level: PSN is debt free.
Reducing Debt: PSN has not had any debt for past 5 years.
Debt Coverage: PSN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PSN has no debt, therefore coverage of interest payments is not a concern.
What is Persimmon current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PSN's dividend (8.52%) is higher than the bottom 25% of dividend payers in the UK market (1.38%).
High Dividend: PSN's dividend (8.52%) is in the top 25% of dividend payers in the UK market (4.15%)
Stability and Growth of Payments
Stable Dividend: PSN's dividend payments have been volatile in the past 10 years.
Growing Dividend: PSN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94.6%), PSN's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PSN's dividends in 3 years are not forecast to be well covered by earnings (91.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dean Finch (54 yo)
Mr. Dean Finch, B.Sc, MBA, ACA, has been an Independent Non-Executive Director of Diploma PLC since May 21, 2021. Mr. Finch has been Group Chief Executive Officer and Executive Director of Persimmon Plc si...
CEO Compensation Analysis
Compensation vs Market: Dean's total compensation ($USD1.01M) is below average for companies of similar size in the UK market ($USD3.66M).
Compensation vs Earnings: Insufficient data to compare Dean's compensation with company performance.
Experienced Management: PSN's management team is seasoned and experienced (15.6 years average tenure).
Experienced Board: PSN's board of directors are not considered experienced ( 1.6 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: Insufficient data to determine if 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.
Persimmon Plc's employee growth, exchange listings and data sources
- Name: Persimmon Plc
- Ticker: PSN
- Exchange: LSE
- Founded: 1972
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: UK£8.709b
- Shares outstanding: 318.99m
- Website: https://www.persimmonhomes.com
Number of Employees
- Persimmon Plc
- Persimmon House
- North Yorkshire
- YO19 4FE
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/29 22:55|
|End of Day Share Price||2021/11/29 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.