-0.67%
5.22%
-14.08%
-20.65%
-13.84%
-47.35%
-58.71%
AI Spotlight on PSN
Company Description
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 Charles Church brand name; and social housing under the Westbury Partnerships brand name.It also provides broadband services.
Persimmon Plc was founded in 1972 and is headquartered in York, the United Kingdom.
Market Data
| Last Price | 1260.5 |
| Change Percentage | -0.67% |
| Open | 1268 |
| Previous Close | 1269 |
| Market Cap ( Millions) | 4030 |
| Volume | 883114 |
| Year High | 1721.8 |
| Year Low | 1047 |
| M A 50 | 1214.6 |
| M A 200 | 1436.42 |
Financial Ratios
| FCF Yield | 2.00% |
| Dividend Yield | 0.05% |
| ROE | 7.51% |
| Debt / Equity | 4.91% |
| Net Debt / EBIDTA | -28.14% |
| Price To Book | 1.18 |
| Price Earnings Ratio | 15.73 |
| Price To FCF | 50.08 |
| Price To sales | 1.39 |
| EV / EBITDA | 5.93 |
News
- 07:36 - UK house prices barely rise in January amid high borrowing costs
- 06:00 - The cheapest and most expensive places to rent in Britain
- 06:00 - 9 brilliant homes that are flooded with light
- Jan -30 - UK mortgage approvals up in December ahead of stamp duty increase
- Jan -30 - UK property sales surge to highest for January since 2022 despite rising house prices
- Jan -24 - 10 terraced houses that will tempt you to move
- Jan -24 - UK's most and least affordable places for house prices revealed
- Jan -22 - Five castles fit for The Traitors
- Jan -21 - Homeowners paying off mortgages into their 70s up by 156%
- Jan -21 - FTSE housing stocks set to benefit from property market rebound
- Jan -21 - 7 planning trends of 2025
- Jan -20 - Average UK house price rises by almost £6,000
- Jan -20 - Top property hotspots for house price growth revealed
- Jan -17 - FTSE 100 and US up with rate cut bets back on
- Jan -17 - 9 properties with potential to add value
- Jan -16 - UK mortgage defaults rise for eighth consecutive quarter
- Jan -15 - UK rents surge 9% to £1,330 a month on average
- Jan -14 - Financial turmoil risks damaging housing market recovery, warns major developer
- Jan -14 - UK buy-to-let investors look North in search of higher yields
- Jan -14 - Why UK property investors are ditching London for Northern hotspots
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Persimmon Homes
Expected Growth : 7.5 %
What the company do ?
Persimmon Homes is a UK-based housebuilding company, a subsidiary of Persimmon Plc, building new homes across the UK, offering a range of properties from apartments to family homes.
Why we expect these perspectives ?
Persimmon Homes' 7.5% growth driven by increasing demand for new homes, strategic landbank expansion, and efficient operations. Government initiatives such as Help to Buy and relaxed planning regulations also support growth. Additionally, Persimmon's focus on affordable housing and partnerships with housing associations contribute to its success.
Segment n°2 -> Westbury Partnerships
Expected Growth : 8.5 %
What the company do ?
Westbury Partnerships is a subsidiary of Persimmon Plc, a UK-based homebuilder, focusing on partnerships with housing associations and local authorities to deliver affordable housing.
Why we expect these perspectives ?
Westbury Partnerships' 8.5% growth is driven by increasing demand for affordable housing, strategic partnerships with local authorities, and Persimmon Plc's investment in modern methods of construction, enhancing efficiency and reducing costs. Additionally, the UK government's 'Help to Buy' scheme and relaxation of planning regulations have boosted demand for new homes, contributing to Westbury's growth.
Segment n°3 -> Charles Church
Expected Growth : 7.8 %
What the company do ?
Charles Church is a premium brand from Persimmon Plc, offering high-quality, bespoke homes with luxurious features and exceptional craftsmanship.
Why we expect these perspectives ?
Charles Church from Persimmon Plc's 7.8% growth is driven by increasing demand for new homes, strategic land acquisitions, and effective cost management. Additionally, the brand's focus on quality and customer service has led to higher sales rates and improved margins. Furthermore, the UK government's Help to Buy scheme has boosted demand, contributing to the segment's growth.
Persimmon Plc Products
| Product Range | What is it ? |
|---|---|
| Homes | Persimmon Plc is a leading UK housebuilder, building a range of homes from apartments to detached family homes. |
| Part Exchange | Persimmon's Part Exchange scheme allows customers to trade in their existing home when buying a new one. |
| Help to Buy | Persimmon participates in the UK government's Help to Buy scheme, providing financial assistance to first-time buyers and existing homeowners. |
| Retirement Homes | Persimmon's retirement homes are designed specifically for older adults, offering a range of amenities and services tailored to their needs. |
| Land and Planning | Persimmon's land and planning services involve acquiring and developing land for future housing projects. |
Persimmon Plc's Porter Forces
Threat Of Substitutes
The threat of substitutes for Persimmon Plc is medium due to the presence of alternative housing options, such as apartments and condominiums, which can substitute for single-family homes.
Bargaining Power Of Customers
The bargaining power of customers is low due to the fact that individual homebuyers have limited negotiating power compared to large developers like Persimmon Plc.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the presence of multiple suppliers of building materials and services, which gives Persimmon Plc some negotiating power.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the UK housing market, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several large developers, including Taylor Wimpey, Barratt Developments, and Berkeley Group, which compete with Persimmon Plc for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 10.30% |
| Debt Cost | 5.19% |
| Equity Weight | 89.70% |
| Equity Cost | 10.60% |
| WACC | 10.05% |
| Leverage | 11.49% |
Persimmon Plc : Quality Control
Persimmon Plc passed 4 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, … |
| BDEV.L | 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, … |
| 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 … |
| 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
🥇
Redrow
A-Score
1-Year Total Return ->
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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
