Ibstock plc

LSE:IBST Stock Report

Market Cap: UK£705.0m

Ibstock Valuation

Is IBST undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IBST when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IBST (£1.79) is trading below our estimate of fair value (£4.56)

Significantly Below Fair Value: IBST is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IBST?

Key metric: As IBST is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IBST. This is calculated by dividing IBST's market cap by their current earnings.
What is IBST's PE Ratio?
PE Ratio97.2x
EarningsUK£7.25m
Market CapUK£705.00m

Price to Earnings Ratio vs Peers

How does IBST's PE Ratio compare to its peers?

The above table shows the PE ratio for IBST vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.8x
MSLH Marshalls
34.2x28.1%UK£739.3m
FORT Forterra
42.7x33.0%UK£341.4m
BREE Breedon Group
16.1x14.2%UK£1.5b
RHIM RHI Magnesita
10.1x12.0%UK£1.6b
IBST Ibstock
97.2x36.5%UK£705.0m

Price-To-Earnings vs Peers: IBST is expensive based on its Price-To-Earnings Ratio (97.2x) compared to the peer average (25.8x).

Price to Earnings Ratio vs Industry

How does IBST's PE Ratio compare vs other companies in the European Basic Materials Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IBST 97.2xIndustry Avg. 12.7xNo. of Companies10PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IBST is expensive based on its Price-To-Earnings Ratio (97.2x) compared to the European Basic Materials industry average (12.7x).

Price to Earnings Ratio vs Fair Ratio

What is IBST'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.

IBST PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio97.2x
Fair PE Ratio21.6x

Price-To-Earnings vs Fair Ratio: IBST is expensive based on its Price-To-Earnings Ratio (97.2x) compared to the estimated Fair Price-To-Earnings Ratio (21.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IBST forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£1.79
UK£2.09
+16.8%
9.0%UK£2.51UK£1.90n/a9
Dec ’25UK£1.86
UK£2.09
+12.1%
9.0%UK£2.51UK£1.90n/a9
Nov ’25UK£2.00
UK£2.03
+1.6%
10.3%UK£2.51UK£1.73n/a9
Oct ’25UK£1.82
UK£1.98
+8.5%
6.2%UK£2.15UK£1.73n/a9
Sep ’25UK£1.84
UK£1.93
+4.9%
9.5%UK£2.15UK£1.55n/a9
Aug ’25UK£1.85
UK£1.80
-2.7%
12.8%UK£2.15UK£1.50n/a9
Jul ’25UK£1.55
UK£1.64
+6.3%
10.6%UK£2.00UK£1.50n/a8
Jun ’25UK£1.60
UK£1.62
+1.4%
12.0%UK£2.00UK£1.40n/a8
May ’25UK£1.47
UK£1.62
+9.7%
12.3%UK£2.00UK£1.40n/a8
Apr ’25UK£1.51
UK£1.62
+7.2%
12.3%UK£2.00UK£1.40n/a8
Mar ’25UK£1.64
UK£1.57
-4.6%
12.4%UK£2.00UK£1.35n/a8
Feb ’25UK£1.52
UK£1.57
+3.3%
12.4%UK£2.00UK£1.35n/a8
Jan ’25UK£1.52
UK£1.57
+3.8%
14.6%UK£2.00UK£1.30n/a8
Dec ’24UK£1.33
UK£1.53
+15.8%
16.8%UK£2.00UK£1.27UK£1.868
Nov ’24UK£1.22
UK£1.57
+28.0%
20.5%UK£2.25UK£1.27UK£2.008
Oct ’24UK£1.43
UK£1.83
+28.4%
14.7%UK£2.30UK£1.50UK£1.829
Sep ’24UK£1.48
UK£1.85
+25.1%
15.1%UK£2.30UK£1.50UK£1.849
Aug ’24UK£1.52
UK£1.82
+19.9%
16.9%UK£2.35UK£1.45UK£1.8510
Jul ’24UK£1.40
UK£1.87
+33.8%
17.2%UK£2.35UK£1.50UK£1.5510
Jun ’24UK£1.62
UK£1.90
+17.3%
15.4%UK£2.35UK£1.55UK£1.6010
May ’24UK£1.70
UK£1.90
+11.8%
15.7%UK£2.35UK£1.50UK£1.4710
Apr ’24UK£1.73
UK£1.89
+9.3%
16.8%UK£2.35UK£1.50UK£1.519
Mar ’24UK£1.67
UK£1.77
+6.2%
14.5%UK£2.30UK£1.40UK£1.649
Feb ’24UK£1.71
UK£1.77
+3.8%
14.5%UK£2.30UK£1.40UK£1.529
Jan ’24UK£1.55
UK£1.83
+18.4%
15.1%UK£2.30UK£1.40UK£1.528
Dec ’23UK£1.61
UK£1.90
+18.0%
12.3%UK£2.30UK£1.58UK£1.337

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 03:41
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ibstock plc is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert ChantryBerenberg
Aynsley LamminCanaccord Genuity
Florence O'DonoghueDavy