Taylor Wimpey
Market Cap
UK£4.3b
Last Updated
2020/10/24 22:14 UTC
Data Sources
Company Financials +
Executive Summary
Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
Share Price & News
How has Taylor Wimpey's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TW. has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.4%
TW.
2.4%
GB Consumer Durables
0.1%
GB Market
1 Year Return
-28.5%
TW.
-14.1%
GB Consumer Durables
-15.4%
GB Market
Return vs Industry: TW. underperformed the UK Consumer Durables industry which returned -14.1% over the past year.
Return vs Market: TW. underperformed the UK Market which returned -15.4% over the past year.
Shareholder returns
| TW. | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.4% | 2.4% | 0.1% |
| 30 Day | 18.2% | 15.2% | 1.1% |
| 90 Day | -8.2% | 2.9% | -2.0% |
| 1 Year | -28.5%-28.5% | -12.9%-14.1% | -12.1%-15.4% |
| 3 Year | -28.4%-40.9% | -9.0%-21.2% | -8.4%-19.7% |
| 5 Year | -17.0%-39.7% | 22.2%-5.1% | 16.4%-9.7% |
Price Volatility Vs. Market
How volatile is Taylor Wimpey's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are Investors Undervaluing Taylor Wimpey plc (LON:TW.) By 30%?2 weeks ago | Simply Wall St
Reflecting on Taylor Wimpey's (LON:TW.) Share Price Returns Over The Last Three Years1 month ago | Simply Wall St
Does Taylor Wimpey (LON:TW.) Have A Healthy Balance Sheet?Valuation
Is Taylor Wimpey undervalued compared to its fair value and its price relative to the market?
30.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TW. (£1.19) is trading below our estimate of fair value (£1.71)
Significantly Below Fair Value: TW. is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TW. is good value based on its PE Ratio (9.8x) compared to the GB Consumer Durables industry average (15x).
PE vs Market: TW. is good value based on its PE Ratio (9.8x) compared to the UK market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: TW. is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: TW.'s PB Ratio (1.1x) is in line with the GB Consumer Durables industry average.
Next Steps
Future Growth
How is Taylor Wimpey forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
30.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TW.'s forecast earnings growth (30.1% per year) is above the savings rate (1.2%).
Earnings vs Market: TW.'s earnings (30.1% per year) are forecast to grow faster than the UK market (24.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TW.'s revenue (16.8% per year) is forecast to grow faster than the UK market (6% per year).
High Growth Revenue: TW.'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: TW.'s Return on Equity is forecast to be low in 3 years time (13.2%).
Next Steps
Past Performance
How has Taylor Wimpey performed over the past 5 years?
5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TW. has high quality earnings.
Growing Profit Margin: TW.'s current net profit margins (11.9%) are lower than last year (16%).
Past Earnings Growth Analysis
Earnings Trend: TW.'s earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: TW.'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TW. had negative earnings growth (-38.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (-41.5%).
Return on Equity
High ROE: TW.'s Return on Equity (10.7%) is considered low.
Next Steps
Financial Health
How is Taylor Wimpey's financial position?
Financial Position Analysis
Short Term Liabilities: TW.'s short term assets (£5.3B) exceed its short term liabilities (£1.0B).
Long Term Liabilities: TW.'s short term assets (£5.3B) exceed its long term liabilities (£743.7M).
Debt to Equity History and Analysis
Debt Level: TW.'s debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: TW.'s debt to equity ratio has reduced from 5.1% to 2.8% over the past 5 years.
Debt Coverage: TW.'s debt is well covered by operating cash flow (84.8%).
Interest Coverage: TW.'s interest payments on its debt are well covered by EBIT (87.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Taylor Wimpey current dividend yield, its reliability and sustainability?
5.81%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TW.'s dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TW.'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 TW.'s dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TW.'s dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TW. is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TW.'s dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Pete Redfern (48 yo)
13.25yrs
Tenure
UK£3,023,000
Compensation
Mr. Peter Redfern, also known as Pete, has been Senior Independent Director at Travis Perkins plc since May 1, 2020. Mr. Redfern has been the Group Chief Executive of Taylor Wimpey plc since July 2007. Mr. ...
CEO Compensation Analysis
Compensation vs Market: Pete's total compensation ($USD3.94M) is above average for companies of similar size in the UK market ($USD2.84M).
Compensation vs Earnings: Pete's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 13.25yrs | UK£3.02m | 0.065% £ 2.8m | |
| Group Finance Director & Executive Director | 2.5yrs | UK£1.24m | 0.010% £ 447.3k | |
| Group Operations Director & Executive Director | 2.5yrs | UK£987.00k | 0.0049% £ 212.2k | |
| Group General Counsel & Company Secretary | 0.92yr | no data | no data | |
| Sales & Marketing Director | 8.67yrs | no data | no data | |
| Group Human Resources Director | no data | no data | no data | |
| Divisional Chair of North | no data | no data | no data | |
| Divisional Chair of Central & South West | 5.17yrs | no data | no data | |
| Divisional Chairman of London & South East | no data | no data | no data |
4.0yrs
Average Tenure
Experienced Management: TW.'s management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 13.25yrs | UK£3.02m | 0.065% £ 2.8m | |
| Group Finance Director & Executive Director | 2.5yrs | UK£1.24m | 0.010% £ 447.3k | |
| Group Operations Director & Executive Director | 2.5yrs | UK£987.00k | 0.0049% £ 212.2k | |
| Independent Non-Executive Director | 3.92yrs | UK£60.00k | 0.00046% £ 20.0k | |
| Independent Chairman | 0.67yr | UK£5.00k | 0.0023% £ 100.2k | |
| Senior Independent Director | 0.50yr | UK£15.00k | 0.0013% £ 55.5k | |
| Independent Non Executive Director | 2.67yrs | UK£72.00k | 0.00047% £ 20.4k | |
| Independent Non-Executive Director | 4.83yrs | UK£78.00k | 0.00088% £ 38.2k |
2.6yrs
Average Tenure
56.5yo
Average Age
Experienced Board: TW.'s board of directors are not considered experienced ( 2.6 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: TW. insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.3%.
Top Shareholders
Company Information
Taylor Wimpey plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Taylor Wimpey plc
- Ticker: TW.
- Exchange: LSE
- Founded: 1880
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: UK£4.339b
- Shares outstanding: 3.63b
- Website: https://www.taylorwimpey.co.uk
Number of Employees
Location
- Taylor Wimpey plc
- Gate House
- Turnpike Road
- High Wycombe
- Buckinghamshire
- HP12 3NR
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TWOD.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jun 1989 |
| TWW | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 1989 |
| TW. | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jun 1989 |
| TWL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jun 1989 |
| TWOD.Y | OTCPK (Pink Sheets LLC) | ADR-ORD SHS | US | USD | Jul 2008 |
Biography
Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. The company builds various homes, such as one- and two-bedroom apartments to six-bedroom detached houses. Taylor Wimpey p ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/24 22:14 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/28 |
| Annual Earnings | 2019/12/31 |
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.