0.00%
0.17%
-7.93%
0.71%
8.97%
-26.24%
-23.09%
AI Spotlight on BDEV
Company Description
Barratt Developments plc engages in the housebuilding and commercial development businesses in Great Britain.It acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities; and retail, leisure, office, industrial, and mixed-use properties.The company offers homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.
It is also involved in the commercial development activities under the Wilson Bowden Developments brand name.The company was incorporated in 1958 and is headquartered in Coalville, the United Kingdom.
Market Data
| Last Price | 482.1 |
| Change Percentage | 0.17% |
| Open | 482.2 |
| Previous Close | 481.3 |
| Market Cap ( Millions) | 6956 |
| Volume | 15799 |
| Year High | 582.6 |
| Year Low | 384.15 |
| M A 50 | 503.43 |
| M A 200 | 494.42 |
Financial Ratios
| FCF Yield | 2.03% |
| Dividend Yield | 3.36% |
| ROE | 2.10% |
| Debt / Equity | 3.68% |
| Net Debt / EBIDTA | -322.55% |
| Price To Book | 0.86 |
| Price Earnings Ratio | 40.81 |
| Price To FCF | 49.19 |
| Price To sales | 1.67 |
| EV / EBITDA | 24.05 |
News
- Oct -17 - The best stocks to buy in the UK, according to Barclays
- Oct -11 - Monthly mortgage payments surged by over £350 in past five years
- Oct -08 - More than £1bn wiped off housebuilder Vistry's value after profit warning
- Oct -07 - UK CMA approves Barratt Developments’ acquisition of Redrow
- Oct -07 - Form 8.3 - SEGRO plc
- Oct -07 - UK house prices rise for third straight month amid falling mortgage rates
- Oct -07 - 3 UK Stocks Estimated To Be Trading At Up To 42.1% Below Intrinsic Value
- Oct -03 - UK's fastest selling property market revealed
- Sep -21 - Barratt Developments' (LON:BDEV) Dividend Will Be £0.118
- Sep -19 - What the Bank of England’s interest rate decision means for your mortgage
- Sep -18 - UK rental prices rise four times higher than inflation
- Sep -18 - UK rental prices rise four times higher than inflation
- Sep -18 - Barratt Developments Full Year 2024 Earnings: EPS Misses Expectations
- Sep -13 - How to buy your first home in a cost of living crisis
- Sep -12 - Barratt Developments' (LON:BDEV) Weak Earnings May Only Reveal A Part Of The Whole Picture
- Sep -12 - The UK areas with the biggest growth in first-time buyers
- Sep -12 - UK house prices rise amid fear of capital gains tax hike
- Sep -09 - MADE Partnership JV to propel large-scale housing projects in UK
- Sep -09 - Rayner strikes £150m deal with Britain’s biggest housebuilder to build new garden towns
- Sep -09 - Barratt teams up with Lloyds and Homes England for new-build joint venture
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Private Residential
Expected Growth : 2.5 %
What the company do ?
Private Residential from Barratt Developments plc offers high-quality, affordable homes for individuals and families, with a focus on comfort, sustainability, and community living.
Why we expect these perspectives ?
Barratt Developments plc's Private Residential segment growth of 2.5% is driven by increasing demand for new homes, government initiatives such as Help to Buy, and a focus on affordable housing. Additionally, the company's strategic land banking and partnerships with housing associations support growth. Furthermore, the segment benefits from a strong brand reputation and a diverse geographic presence across the UK.
Segment n°2 -> Affordable Residential
Expected Growth : 1.8 %
What the company do ?
Affordable Residential from Barratt Developments plc offers affordable housing solutions, providing quality homes at accessible prices, catering to first-time buyers and low-to-moderate income families.
Why we expect these perspectives ?
Barratt Developments plc's Affordable Residential segment growth of 1.8% is driven by increasing demand for affordable housing, government initiatives to boost home ownership, and strategic partnerships with housing associations. Additionally, the company's focus on brownfield site development and efficient construction processes have improved margins, contributing to the segment's growth.
Segment n°3 -> Commercial
Expected Growth : 1.2 %
What the company do ?
Barratt Developments plc offers new homes for sale across the UK, providing a range of properties from apartments to large family homes.
Why we expect these perspectives ?
Barratt Developments plc's 1.2% commercial segment growth is driven by increasing demand for commercial spaces, strategic land acquisitions, and partnerships with local authorities. Additionally, the company's focus on mixed-use developments and regeneration projects contributes to growth. Furthermore, the UK's growing economy and infrastructure investments also support the segment's expansion.
Segment n°4 -> Planning Promotion Agreements
Expected Growth : 0.8 %
What the company do ?
Planning Promotion Agreements are partnerships between Barratt Developments plc and landowners to promote land for development, sharing costs and risks to achieve planning permission.
Why we expect these perspectives ?
Barratt Developments plc's 0.8% growth in Planning Promotion Agreements is driven by increasing demand for new homes, strategic land acquisitions, and partnerships with local authorities. Additionally, the company's focus on brownfield redevelopment and urban regeneration projects contributes to its growth. Furthermore, the UK government's initiatives to boost housing supply and infrastructure development also support the company's expansion.
Segment n°5 -> Other
Expected Growth : 1.5 %
What the company do ?
Other from Barratt Developments plc refers to the segment that includes the company's non-core and non-housing activities, such as commercial developments and partnerships.
Why we expect these perspectives ?
Barratt Developments plc's 1.5% growth in 'Other' segment is driven by increasing demand for mixed-use developments, strategic partnerships, and expansion into new regions. Additionally, the company's focus on sustainable and energy-efficient homes, as well as its investment in digital platforms, contributes to this growth.
Barratt Developments Plc Products
| Product Range | What is it ? |
|---|---|
| New Homes | Barratt Developments plc builds and sells new homes across the UK, offering a range of properties from apartments to detached houses. |
| Part Exchange | Barratt Developments' Part Exchange scheme allows customers to trade in their existing home as part of the purchase of a new Barratt home. |
| Assisted Move | Barratt Developments' Assisted Move service helps customers sell their existing home, providing a smooth transition to their new Barratt home. |
| Barratt Homes for Sale | Barratt Developments offers a range of new homes for sale across the UK, including apartments, houses, and bungalows. |
| David Wilson Homes | David Wilson Homes is a premium brand of Barratt Developments, offering high-quality homes in desirable locations. |
| Wilson Bowden | Wilson Bowden is a strategic land and planning business, identifying and acquiring land for development. |
Barratt Developments plc's Porter Forces
Threat Of Substitutes
The threat of substitutes for Barratt Developments plc is medium due to the availability of alternative housing options such as apartments and condominiums.
Bargaining Power Of Customers
The bargaining power of customers for Barratt Developments plc is low due to the lack of negotiating power of individual homebuyers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Barratt Developments plc is medium due to the presence of multiple suppliers of building materials and labor.
Threat Of New Entrants
The threat of new entrants for Barratt Developments plc is low due to the high barriers to entry in the UK housing market, including regulatory hurdles and high capital requirements.
Intensity Of Rivalry
The intensity of rivalry for Barratt Developments plc is high due to the presence of several established competitors in the UK housing market, leading to intense competition for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 11.44% |
| Debt Cost | 6.16% |
| Equity Weight | 88.56% |
| Equity Cost | 11.77% |
| WACC | 11.12% |
| Leverage | 12.92% |
Barratt Developments plc : Quality Control
Barratt Developments plc passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| BWY.L | Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, … |
| TW.L | Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. It builds and delivers various homes and communities, including apartments to six-bedroom houses. Taylor Wimpey plc was … |
| PSN.L | Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; executive housing under the … |
| BKG.L | The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. The company is also involved in land selling … |
| RDW.L | Redrow plc focuses on housebuilding activities in the United Kingdom. The company acquires land; and develops and sells residential housing properties. Redrow plc was founded in 1974 and is based … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Redrow
A-Score
1-Year Total Return ->
🥈
Taylor Wimpey
A-Score
1-Year Total Return ->
🥉
Berkeley
A-Score
1-Year Total Return ->
4
Barratt Developments
A-Score
1-Year Total Return ->
5
Bellway
A-Score
1-Year Total Return ->
6
