Forterra plc manufactures and sells masonry products in the United Kingdom. More Details
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Forterra's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FORT is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: FORT's weekly volatility (3%) has been stable over the past year.
7 Day Return
GB Basic Materials
1 Year Return
GB Basic Materials
Return vs Industry: FORT underperformed the UK Basic Materials industry which returned 43% over the past year.
Return vs Market: FORT exceeded the UK Market which returned 22% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Forterra's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StHere's Why We're Wary Of Buying Forterra's (LON:FORT) For Its Upcoming Dividend
1 week ago | Simply Wall StReturns On Capital Signal Difficult Times Ahead For Forterra (LON:FORT)
1 month ago | Simply Wall StShould Shareholders Reconsider Forterra plc's (LON:FORT) CEO Compensation Package?
Is Forterra 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: FORT (£2.72) is trading below our estimate of fair value (£9.42)
Significantly Below Fair Value: FORT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FORT is unprofitable, so we can't compare its PE Ratio to the UK Basic Materials industry average.
PE vs Market: FORT is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FORT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FORT is overvalued based on its PB Ratio (3x) compared to the GB Basic Materials industry average (2.6x).
How is Forterra forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FORT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: FORT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: FORT's is expected to become profitable in the next 3 years.
Revenue vs Market: FORT's revenue (11.4% per year) is forecast to grow faster than the UK market (5% per year).
High Growth Revenue: FORT's revenue (11.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FORT's Return on Equity is forecast to be low in 3 years time (19.8%).
How has Forterra performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FORT is currently unprofitable.
Growing Profit Margin: FORT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FORT is unprofitable, and losses have increased over the past 5 years at a rate of 1.8% per year.
Accelerating Growth: Unable to compare FORT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FORT is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (-42.6%).
Return on Equity
High ROE: FORT has a negative Return on Equity (-2.74%), as it is currently unprofitable.
How is Forterra's financial position?
Financial Position Analysis
Short Term Liabilities: FORT's short term assets (£100.8M) exceed its short term liabilities (£72.7M).
Long Term Liabilities: FORT's short term assets (£100.8M) exceed its long term liabilities (£31.1M).
Debt to Equity History and Analysis
Debt Level: FORT's debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: FORT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: FORT's debt is well covered by operating cash flow (260%).
Interest Coverage: FORT is unprofitable, therefore interest payments are not well covered by earnings.
What is Forterra current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: FORT's dividend (1.03%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.28%).
High Dividend: FORT's dividend (1.03%) is low compared to the top 25% of dividend payers in the UK market (4.01%).
Stability and Growth of Payments
Stable Dividend: FORT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FORT has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: FORT is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: FORT's dividends in 3 years are forecast to be well covered by earnings (42.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stephen Harrison (52 yo)
Mr. Stephen Harrison has been the Chief Executive Officer at Forterra plc since April 2016 has been its Director since January 21, 2016. Mr. Harrison served as the Managing Director of Hanson Building Prod...
CEO Compensation Analysis
Compensation vs Market: Stephen's total compensation ($USD1.06M) is about average for companies of similar size in the UK market ($USD963.41K).
Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.
Experienced Management: FORT's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: FORT's board of directors are not considered experienced ( 2.3 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: FORT insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.6%.
Forterra plc's company bio, employee growth, exchange listings and data sources
- Name: Forterra plc
- Ticker: FORT
- Exchange: LSE
- Founded: 2016
- Industry: Construction Materials
- Sector: Materials
- Market Cap: UK£621.108m
- Shares outstanding: 228.35m
- Website: https://forterraplc.co.uk
Number of Employees
- Forterra plc
- 5 Grange Park Court
- Roman Way
- NN4 5EA
- United Kingdom
Forterra plc manufactures and sells masonry products in the United Kingdom. It operates through three segments: Bricks, Blocks, and Bespoke Products. The company offers bricks; aircrete and aggregate block...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/14 21:04|
|End of Day Share Price||2021/06/14 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.