FORT Stock Overview
Forterra plc manufactures and sells masonry products in the United Kingdom.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£2.70|
|52 Week High||UK£3.30|
|52 Week Low||UK£1.97|
|1 Month Change||-2.00%|
|3 Month Change||13.45%|
|1 Year Change||0.75%|
|3 Year Change||-8.78%|
|5 Year Change||5.68%|
|Change since IPO||54.29%|
Recent News & Updates
|FORT||GB Basic Materials||GB Market|
Return vs Industry: FORT exceeded the UK Basic Materials industry which returned -27% over the past year.
Return vs Market: FORT exceeded the UK Market which returned -8.6% over the past year.
|FORT Average Weekly Movement||4.1%|
|Basic Materials Industry Average Movement||4.4%|
|Market Average Movement||5.5%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.8%|
Stable Share Price: FORT is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FORT's weekly volatility (4%) has been stable over the past year.
About the Company
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 blocks; and bespoke products comprising precast concrete flooring, concrete block paving, and chimney and roofing components, as well as other building products under the London Brick, Butterley Brick, Ecostock, Cradley, Thermalite, Conbloc, Bison Precast, Jetfloor, Red Bank, and Formpave brand names.
Forterra Fundamentals Summary
|FORT fundamental statistics|
Is FORT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FORT income statement (TTM)|
|Cost of Revenue||UK£240.10m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Jul 28, 2022
|Earnings per share (EPS)||0.21|
|Net Profit Margin||12.28%|
How did FORT perform over the long term?See historical performance and comparison
3.7%Current Dividend Yield
Is FORT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FORT?
Other financial metrics that can be useful for relative valuation.
|What is FORT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does FORT's PE Ratio compare to its peers?
|FORT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: FORT is good value based on its Price-To-Earnings Ratio (12.9x) compared to the peer average (16.2x).
Price to Earnings Ratio vs Industry
How does FORT's PE Ratio compare vs other companies in the Basic Materials Industry?
Price-To-Earnings vs Industry: FORT is good value based on its Price-To-Earnings Ratio (12.9x) compared to the UK Basic Materials industry average (13.2x)
Price to Earnings Ratio vs Fair Ratio
What is FORT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||12.9x|
|Fair PE Ratio||14.7x|
Price-To-Earnings vs Fair Ratio: FORT is good value based on its Price-To-Earnings Ratio (12.9x) compared to the estimated Fair Price-To-Earnings Ratio (14.7x).
Share Price vs Fair Value
What is the Fair Price of FORT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FORT (£2.7) is trading below our estimate of fair value (£16.05)
Significantly Below Fair Value: FORT is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: FORT is good value based on its PEG Ratio (0.9x)
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How is Forterra forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FORT's forecast earnings growth (14.8% per year) is above the savings rate (0.9%).
Earnings vs Market: FORT's earnings (14.8% per year) are forecast to grow faster than the UK market (10.9% per year).
High Growth Earnings: FORT's earnings are forecast to grow, but not significantly.
Revenue vs Market: FORT's revenue (9.3% per year) is forecast to grow faster than the UK market (4.1% per year).
High Growth Revenue: FORT's revenue (9.3% 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 high in 3 years time (24.5%)
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How has Forterra performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FORT has high quality earnings.
Growing Profit Margin: FORT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: FORT's earnings have declined by 12.9% per year over the past 5 years.
Accelerating Growth: FORT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FORT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (128.6%).
Return on Equity
High ROE: FORT's Return on Equity (19.4%) is considered low.
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How is Forterra's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FORT's short term assets (£114.4M) exceed its short term liabilities (£90.8M).
Long Term Liabilities: FORT's short term assets (£114.4M) exceed its long term liabilities (£24.4M).
Debt to Equity History and Analysis
Debt Level: FORT has more cash than its total debt.
Reducing Debt: FORT's debt to equity ratio has reduced from 213.6% to 0.3% over the past 5 years.
Debt Coverage: FORT's debt is well covered by operating cash flow (11366.7%).
Interest Coverage: FORT's interest payments on its debt are well covered by EBIT (18.1x coverage).
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What is Forterra current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FORT's dividend (3.67%) is higher than the bottom 25% of dividend payers in the UK market (1.88%).
High Dividend: FORT's dividend (3.67%) is low compared to the top 25% of dividend payers in the UK market (5.18%).
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's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.6%), FORT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64%), FORT's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stephen Harrison (53 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 ($USD1.15M) is about average for companies of similar size in the UK market ($USD1.35M).
Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.
Experienced Management: FORT's management team is considered experienced (2.4 years average tenure).
Experienced Board: FORT's board of directors are considered experienced (5.1 years average tenure).
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.
Forterra plc's employee growth, exchange listings and data sources
- Name: Forterra plc
- Ticker: FORT
- Exchange: LSE
- Founded: 2016
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: UK£586.166m
- Shares outstanding: 217.10m
- Website: https://forterraplc.co.uk
Number of Employees
- Forterra plc
- 5 Grange Park Court
- Roman Way
- NN4 5EA
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/25 00:00|
|End of Day Share Price||2022/06/24 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.