Buy Or Sell Opportunity • Jul 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to UK£1.19. The fair value is estimated to be UK£1.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 0.7% in a year. Earnings are forecast to decline by 0.4% in the next year. Buy Or Sell Opportunity • Jun 01
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at UK£1.26. The fair value is estimated to be UK£1.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 3.0% in a year. Earnings are forecast to grow by 5.6% in the next year. Upcoming Dividend • Apr 30
Upcoming dividend of UK£0.029 per share Eligible shareholders must have bought the stock before 07 May 2026. Payment date: 05 June 2026. Payout ratio and cash payout ratio are on the higher end at 98% and 81% respectively. Trailing yield: 6.5%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (3.9%). Reported Earnings • Apr 04
First half 2026 earnings released: EPS: UK£0.044 (vs UK£0.05 in 1H 2025) First half 2026 results: EPS: UK£0.044 (down from UK£0.05 in 1H 2025). Revenue: UK£127.2m (down 2.2% from 1H 2025). Net income: UK£18.2m (down 13% from 1H 2025). Profit margin: 14% (down from 16% in 1H 2025). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Duyuru • Apr 02
James Halstead plc Declares Interim Dividend, Payable on 5 June 2026 James Halstead plc decided to declare an interim dividend of 2.85 pence per share (2024: 2.75 pence), an increase of 3.6%. This dividend will be payable on 5 June 2026 to those shareholders on the register as of 8 May 2026. Declared Dividend • Apr 02
First half dividend increased to UK£0.029 Dividend of UK£0.029 is 3.6% higher than last year. Ex-date: 7th May 2026 Payment date: 5th June 2026 Dividend yield will be 7.3%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is covered by cash flows (81% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 6.9% to bring the payout ratio under control. EPS is expected to grow by 3.8% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. New Risk • Mar 31
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.01% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Mar 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to UK£1.17. The fair value is estimated to be UK£1.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 6.4% in 2 years. Earnings are forecast to grow by 7.4% in the next 2 years. Upcoming Dividend • Nov 06
Upcoming dividend of UK£0.06 per share Eligible shareholders must have bought the stock before 13 November 2025. Payment date: 12 December 2025. Payout ratio is on the higher end at 90%, and the cash payout ratio is above 100%. Trailing yield: 6.3%. Within top quartile of British dividend payers (5.4%). Higher than average of industry peers (3.4%). Reported Earnings • Oct 26
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: UK£0.097 (down from UK£0.10 in FY 2024). Revenue: UK£262.0m (down 4.7% from FY 2024). Net income: UK£40.6m (down 2.2% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Duyuru • Oct 18
James Halstead plc, Annual General Meeting, Dec 05, 2025 James Halstead plc, Annual General Meeting, Dec 05, 2025. Location: the platinum suite, toughsheet community stadium, burnden way, bolton bl6 6jw, United Kingdom Declared Dividend • Oct 03
Final dividend increased to UK£0.06 Dividend of UK£0.06 is 0.8% higher than last year. Ex-date: 13th November 2025 Payment date: 12th December 2025 Dividend yield will be 6.0%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but not covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.0% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 02
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: UK£0.097 (down from UK£0.10 in FY 2024). Revenue: UK£262.0m (down 4.7% from FY 2024). Net income: UK£40.6m (down 2.2% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Sep 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to UK£1.40. The fair value is estimated to be UK£1.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.1%. Revenue is forecast to grow by 3.3% in a year. Earnings are forecast to grow by 0.8% in the next year. Duyuru • Sep 08
James Halstead plc to Report Fiscal Year 2025 Results on Oct 01, 2025 James Halstead plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Oct 01, 2025 Price Target Changed • Sep 02
Price target increased by 7.6% to UK£3.20 Up from UK£2.98, the current price target is provided by 1 analyst. New target price is 116% above last closing price of UK£1.48. Stock is down 18% over the past year. The company is forecast to post earnings per share of UK£0.10 for next year compared to UK£0.10 last year. Duyuru • Jul 31
James Halstead plc Provides Earnings Guidance for the Year Ended 30 June 2025 James Halstead plc provided earnings guidance for the year ended 30 June 2025. In summary, the company anticipates that sales will be marginally below the 2024 comparative with profit slightly below last year's record levels; although remaining within the range of market expectations. Cash generation alongside reserves continue to underpin an ungeared balance sheet, which remains strong. Upcoming Dividend • May 01
Upcoming dividend of UK£0.028 per share Eligible shareholders must have bought the stock before 08 May 2025. Payment date: 06 June 2025. Payout ratio and cash payout ratio are on the higher end at 86% and 95% respectively. Trailing yield: 5.4%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (3.4%). Buy Or Sell Opportunity • Apr 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to UK£1.34. The fair value is estimated to be UK£1.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.1%. Revenue is forecast to grow by 8.0% in a year. Earnings are forecast to grow by 4.7% in the next year. Declared Dividend • Mar 30
First half dividend increased to UK£0.028 Dividend of UK£0.028 is 10.0% higher than last year. Ex-date: 8th May 2025 Payment date: 6th June 2025 Dividend yield will be 6.0%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but not adequately covered by cash flows (95% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 3.8% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 28
First half 2025 earnings released: EPS: UK£0.05 (vs UK£0.048 in 1H 2024) First half 2025 results: EPS: UK£0.05 (up from UK£0.048 in 1H 2024). Revenue: UK£130.1m (down 4.7% from 1H 2024). Net income: UK£21.0m (up 4.4% from 1H 2024). Profit margin: 16% (up from 15% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. New Risk • Mar 27
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 95% Dividend yield: 5.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Duyuru • Mar 27
James Halstead plc Declares an Interim Dividend, Payable on 6 June 2025 James Halstead plc declared an interim dividend of 2.75 pence per share (2023: 2.50 pence), an increase of 10%. This dividend will be payable on 6 June 2025 to those shareholders on the register as of 9 May 2025. Duyuru • Mar 06
James Halstead plc to Report First Half, 2025 Results on Mar 27, 2025 James Halstead plc announced that they will report first half, 2025 results on Mar 27, 2025 Duyuru • Dec 09
James Halstead plc Announces Anthony Wild Stood Down as Director James Halstead plc announced In addition, and further to the Company's announcement on 1 October 2024, the Board confirms that Mr. Anthony Wild stood down as the Chairman and as a director following the conclusion of the AGM. Upcoming Dividend • Nov 07
Upcoming dividend of UK£0.06 per share Eligible shareholders must have bought the stock before 14 November 2024. Payment date: 13 December 2024. Payout ratio and cash payout ratio are on the higher end at 85% and 77% respectively. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.9%). Declared Dividend • Oct 03
Final dividend of UK£0.06 announced Shareholders will receive a dividend of UK£0.06. Ex-date: 14th November 2024 Payment date: 13th December 2024 Dividend yield will be 4.8%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has increased by an average of 6.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.2% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 02
Full year 2024 earnings released: EPS: UK£0.10 (vs UK£0.10 in FY 2023) Full year 2024 results: EPS: UK£0.10 (down from UK£0.10 in FY 2023). Revenue: UK£274.9m (down 9.4% from FY 2023). Net income: UK£41.5m (down 2.1% from FY 2023). Profit margin: 15% (up from 14% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Duyuru • Oct 01
James Halstead plc, Annual General Meeting, Dec 06, 2024 James Halstead plc, Annual General Meeting, Dec 06, 2024. Buy Or Sell Opportunity • Aug 07
Now 20% overvalued Over the last 90 days, the stock has fallen 5.8% to UK£1.88. The fair value is estimated to be UK£1.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 5.4%. Duyuru • Jul 31
James Halstead plc to Report Fiscal Year 2024 Results on Oct 01, 2024 James Halstead plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Oct 01, 2024 Upcoming Dividend • May 09
Upcoming dividend of UK£0.025 per share Eligible shareholders must have bought the stock before 16 May 2024. Payment date: 14 June 2024. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.2%). Declared Dividend • Mar 29
First half dividend increased to UK£0.025 Dividend of UK£0.025 is 11% higher than last year. Ex-date: 16th May 2024 Payment date: 14th June 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Mar 29
James Halstead plc Declares an Interim Dividend, Payable on 14 June 2024 James Halstead plc declared an interim dividend of 2.50 pence per share (2022: 2.25 pence), an increase of 11.1%. This dividend will be payable on 14 June 2024 to those shareholders on the register as at 17 May 2024. Reported Earnings • Mar 28
First half 2024 earnings released: EPS: UK£0.048 (vs UK£0.043 in 1H 2023) First half 2024 results: EPS: UK£0.048 (up from UK£0.043 in 1H 2023). Revenue: UK£136.5m (down 8.8% from 1H 2023). Net income: UK£20.1m (up 11% from 1H 2023). Profit margin: 15% (up from 12% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Duyuru • Mar 05
James Halstead plc Announces Board Changes James Halstead plc announced that Stephen Hall, who served as the Senior Independent Director and Chair of the Audit and Remuneration Committees, retired from the Board of James Halstead plc on 1 March 2024. Following his departure, the following changes have been made to the Board's sub-committees: Mr. Russell Whiting, who has served as a non-executive director since December 2017, is appointed as the Senior Independent Director. Mr. Whiting will continue to serve as a member of the Audit, Remuneration and Nominations Committees. Mr. Anthony Wild, the non-executive chairman, is appointed as the Nomination Committee Chair. Mr. Wild will continue to serve as a member of the Audit and Remuneration Committees. Mrs. Deborah Harrison, a non-executive director, is appointed as the Audit Committee Chair and as a member of the Remuneration and Nominations Committee. Mr. Michael Halstead, a non-executive director, is appointed as the Remuneration Committee Chair. Mr. Halstead will continue to serve as a member of the Audit and Nominations Committees. Buy Or Sell Opportunity • Jan 22
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.4% to UK£1.97. The fair value is estimated to be UK£1.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 5.7%. Duyuru • Jan 06
James Halstead plc Announces Board Changes James Halstead plc announced the following appointments to the Board, with effect from 8thJanuary 2024: David Drillingcourt will join the Board in an executive director role as Corporate Development Director. David, a Chartered Accountant, joined the Company in 1996 and during his time with the Company has held many senior group roles, including the Finance Director of Polyflor Limited and Group Company Secretary. Recently, in the role of Corporate Development, he has been responsible for developing and supporting the growth of the business across the globe. Deborah Harrison will join the Board as an independent non-executive director. Deborah is a Chartered Accountant and has over thirty years of experience working for a top tier accounting firm, providing auditing and accounting services to a wide range of organizations and sectors. Deborah will also sit as a member of the audit committee and remuneration committee. The Company also announced that, having served on the Board for over ten years, non-executive director Stephen Hall will be stepping down with effect from 1stMarch 2024. Upcoming Dividend • Nov 09
Upcoming dividend of UK£0.058 per share at 3.8% yield Eligible shareholders must have bought the stock before 16 November 2023. Payment date: 15 December 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of British dividend payers (6.4%). Lower than average of industry peers (4.3%). Duyuru • Oct 14
James Halstead plc, Annual General Meeting, Dec 01, 2023 James Halstead plc, Annual General Meeting, Dec 01, 2023, at 12:00 Coordinated Universal Time. Location: Platinum Suite, Toughsheet Community Stadium, Burnden Way Bolton United Kingdom Reported Earnings • Oct 02
Full year 2023 earnings released: EPS: UK£0.10 (vs UK£0.097 in FY 2022) Full year 2023 results: EPS: UK£0.10 (up from UK£0.097 in FY 2022). Revenue: UK£303.6m (up 4.0% from FY 2022). Net income: UK£42.4m (up 5.1% from FY 2022). Profit margin: 14% (in line with FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 04
Upcoming dividend of UK£0.022 per share at 3.7% yield Eligible shareholders must have bought the stock before 11 May 2023. Payment date: 09 June 2023. Payout ratio is on the higher end at 84%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (3.8%). Reported Earnings • Apr 02
First half 2023 earnings released: EPS: UK£0.043 (vs UK£0.047 in 1H 2022) First half 2023 results: EPS: UK£0.043 (down from UK£0.047 in 1H 2022). Revenue: UK£149.6m (up 9.5% from 1H 2022). Net income: UK£18.0m (down 8.5% from 1H 2022). Profit margin: 12% (down from 14% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Duyuru • Feb 02
James Halstead plc to Report First Half, 2023 Results on Mar 31, 2023 James Halstead plc announced that they will report first half, 2023 results on Mar 31, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Honorary President Geoffrey Halstead was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Nov 10
Upcoming dividend of UK£0.055 per share Eligible shareholders must have bought the stock before 17 November 2022. Payment date: 16 December 2022. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 4.1%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (4.4%). Reported Earnings • Oct 04
Full year 2022 earnings released: EPS: UK£0.097 (vs UK£0.096 in FY 2021) Full year 2022 results: EPS: UK£0.097 (up from UK£0.096 in FY 2021). Revenue: UK£291.9m (up 9.6% from FY 2021). Net income: UK£40.3m (up 1.2% from FY 2021). Profit margin: 14% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Price Target Changed • Jun 17
Price target increased to UK£3.20 Up from UK£2.98, the current price target is an average from 2 analysts. New target price is 48% above last closing price of UK£2.16. Stock is down 14% over the past year. The company is forecast to post earnings per share of UK£0.098 for next year compared to UK£0.096 last year. Upcoming Dividend • Apr 28
Upcoming dividend of UK£0.022 per share Eligible shareholders must have bought the stock before 05 May 2022. Payment date: 10 June 2022. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 0.9%. Lower than top quartile of British dividend payers (4.7%). Lower than average of industry peers (2.9%). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Honorary President Geoffrey Halstead was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 01
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£20.3m from profit in 1H 2021). Profit margin: (down from 16% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 2.6%, compared to a 8.9% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year. Upcoming Dividend • Nov 18
Upcoming dividend of UK£0.11 per share Eligible shareholders must have bought the stock before 25 November 2021. Payment date: 17 December 2021. Trailing yield: 2.7%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.7%). Reported Earnings • Oct 05
Full year 2021 earnings released: EPS UK£0.19 (vs UK£0.17 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: UK£266.4m (up 12% from FY 2020). Net income: UK£39.9m (up 16% from FY 2020). Profit margin: 15% (in line with FY 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 29
Upcoming dividend of UK£0.043 per share Eligible shareholders must have bought the stock before 06 May 2021. Payment date: 04 June 2021. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.4%). Reported Earnings • Apr 01
First half 2021 earnings released: EPS UK£0.098 (vs UK£0.095 in 1H 2020) The company reported a decent first half result with improved earnings, although revenues and profit margins were flat. First half 2021 results: Revenue: UK£130.4m (flat on 1H 2020). Net income: UK£20.3m (up 3.0% from 1H 2020). Profit margin: 16% (in line with 1H 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 04
New 90-day high: UK£5.12 The company is up 12% from its price of UK£4.57 on 06 November 2020. The British market is also up 12% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Building industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.03 per share. Is New 90 Day High Low • Jan 20
New 90-day high: UK£5.10 The company is up 6.0% from its price of UK£4.83 on 22 October 2020. The British market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.01 per share. Is New 90 Day High Low • Oct 26
New 90-day low: UK£4.70 The company is down 6.0% from its price of UK£4.98 on 28 July 2020. The British market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£2.53 per share. Analyst Estimate Surprise Post Earnings • Oct 17
Annual earnings released: Revenue misses expectations Annual revenue missed analyst estimates by 4.1% at UK£238.6m. Revenue is forecast to grow 4.4% over the next year, compared to a 2.5% growth forecast for the Building industry in the United Kingdom. Reported Earnings • Oct 17
Full year earnings released - EPS UK£0.17 Over the last 12 months the company has reported total profits of UK£34.4m, down 9.1% from the prior year. Total revenue was UK£238.6m over the last 12 months, down 5.7% from the prior year. Profit margins were 14%, which is in line with last year. Reported Earnings • Oct 01
Full year earnings released - EPS UK£0.17 Over the last 12 months the company has reported total profits of UK£34.4m, down 9.1% from the prior year. Total revenue was UK£238.6m over the last 12 months, down 5.7% from the prior year. Profit margins were 14%, which is in line with last year.