-0.66%
6.45%
6.20%
-32.51%
-14.14%
-43.99%
-64.04%
AI Spotlight on CRST
Company Description
Crest Nicholson Holdings plc builds residential homes in the United Kingdom.The company develops and sells apartments, houses, and commercial properties.It serves first-time buyers, families, and investors.
The company was founded in 1963 and is headquartered in Chertsey, the United Kingdom.
Market Data
| Last Price | 179.8 |
| Change Percentage | -0.66% |
| Open | 185 |
| Previous Close | 181 |
| Market Cap ( Millions) | 462 |
| Volume | 399387 |
| Year High | 272.4 |
| Year Low | 145.2 |
| M A 50 | 167.67 |
| M A 200 | 201.48 |
Financial Ratios
| FCF Yield | -10.68% |
| Dividend Yield | 6.95% |
| ROE | -3.21% |
| Debt / Equity | 13.12% |
| Net Debt / EBIDTA | -89.30% |
| Price To Book | 0.57 |
| Price Earnings Ratio | -17.33 |
| Price To FCF | -9.37 |
| Price To sales | 0.73 |
| EV / EBITDA | -25.58 |
News
- 07:36 - UK house prices barely rise in January amid high borrowing costs
- Jan -17 - 9 properties with potential to add value
- Jan -02 - The UK’s top property hotspots in 2025
- Dec -27 - Seven of 2024's most expensive properties
- Dec -17 - The features that make properties desirable, according to buyers
- Dec -13 - 9 homes that are perfect for parties
- Dec -12 - UK house price growth rises 5% as rental demand falls
- Dec -12 - UK property asking prices set to rise by 4% in 2025
- Dec -10 - Almost 150,000 mortgages temporarily cut under new rules
- Dec -06 - 9 hot properties close to independent high streets
- Dec -06 - UK house prices hit record high in November
- Dec -05 - UK households increasingly worried about rising rent and mortgage costs
- Nov -28 - What London's super rich are looking for in a home
- Nov -21 - Crest Nicholson expects FY24 adjusted PBT at lower end of guidance
- Nov -20 - Crest Nicholson to build fewer low-margin homes after profit hit
- Oct -07 - UK house prices rise for third straight month amid falling mortgage rates
- Sep -05 - BP and L&G shares favourite among Fidelity investors as tech appetite fades
- Sep -03 - Hottest property spots for first-time buyers in Britain revealed
- Aug -19 - UK house prices drop by more than £5,000 in August
- Aug -13 - Bellway abruptly pulls plug on £720m deal for rival housebuilder
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Open Market Housing including Specification Upgrades
Expected Growth : 4 %
What the company do ?
Open Market Housing by Crest Nicholson Holdings plc offers bespoke homes with optional specification upgrades, allowing buyers to personalize their properties with premium finishes and features.
Why we expect these perspectives ?
Crest Nicholson Holdings plc's Open Market Housing segment, including Specification Upgrades, is driven by increasing demand for high-quality homes, government-backed initiatives like Help to Buy, and strategic land acquisitions. Additionally, the company's focus on premium products, partnerships with housing associations, and efficient construction processes contribute to its 4% growth.
Segment n°2 -> Affordable Housing
Expected Growth : 3 %
What the company do ?
Affordable Housing from Crest Nicholson Holdings plc offers discounted homes for low-income families, first-time buyers, and key workers, with prices capped at 80% of market value.
Why we expect these perspectives ?
Crest Nicholson Holdings plc's affordable housing segment growth is driven by increasing demand for affordable homes, government initiatives to address housing shortages, and partnerships with local authorities to deliver mixed-tenure developments. Additionally, the company's focus on brownfield regeneration and urban renewal projects contributes to its growth, as well as its ability to offer a range of affordable housing products, including shared ownership and rent-to-buy options.
Segment n°3 -> Land and Commercial
Expected Growth : 6 %
What the company do ?
Land and Commercial from Crest Nicholson Holdings plc refers to the segment that deals with the acquisition, development, and sale of land and commercial properties.
Why we expect these perspectives ?
Crest Nicholson Holdings plc's Land and Commercial segment growth of 6% is driven by increasing demand for strategically located land, rising commercial property values, and effective land management strategies. Additionally, the segment benefits from the UK government's initiatives to boost housing supply and infrastructure development, further supporting growth.
Crest Nicholson Holdings Plc Products
| Product Range | What is it ? |
|---|---|
| Residential Homes | Crest Nicholson Holdings plc develops and sells residential homes, including apartments, houses, and penthouses, catering to various customer segments, from first-time buyers to families and retirees. |
| Mixed-Use Developments | The company creates mixed-use developments that combine residential, commercial, and retail spaces, often in urban regeneration areas, to create vibrant and sustainable communities. |
| Affordable Housing | Crest Nicholson provides affordable housing solutions, including shared ownership and rental properties, to address the UK's housing shortage and support local communities. |
| Land and Planning Services | The company offers land and planning services, including land acquisition, planning consultancy, and project management, to help clients navigate the development process. |
| Partnership and Regeneration | Crest Nicholson collaborates with public and private sector partners to deliver large-scale regeneration projects, transforming underutilized sites into thriving communities. |
Crest Nicholson Holdings plc's Porter Forces
Threat Of Substitutes
The threat of substitutes for Crest Nicholson Holdings plc is moderate due to the availability of alternative housing options and the ability of customers to delay purchases.
Bargaining Power Of Customers
The bargaining power of customers is low due to the fragmented nature of the housing market and the lack of concentration among buyers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the presence of multiple suppliers of building materials and the ability of Crest Nicholson Holdings plc to negotiate prices.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the housing market, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the housing market and the presence of multiple established players.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 26.28% |
| Debt Cost | 4.21% |
| Equity Weight | 73.72% |
| Equity Cost | 13.60% |
| WACC | 11.13% |
| Leverage | 35.64% |
Crest Nicholson Holdings plc : Quality Control
Crest Nicholson Holdings plc passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| JM.ST | JM AB (publ) develops and sells housing and residential areas in the Nordic region. The company operates in five segments: JM Residential Stockholm, JM Residential Sweden, JM International, JM Property … |
| HOME.MC | Neinor Homes, S.A., together with its subsidiaries, develops, promotes, rental, and manages real estate properties in Spain. The company operates through Legacy, Development, Assets Management-Servicing, and Rental segments. Its land … |
| GLE.L | MJ Gleeson plc engages in low-cost house building and land promotion activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Land. It also engages … |
| KOF.PA | Kaufman & Broad S.A. operates as a property developer and builder in France. It designs, develops, builds, and sells single-family homes in communities, apartments, offices, shops, and logistics platforms and … |
| ODHN.SW | Orascom Development Holding AG, together with its subsidiaries, develops integrated towns in Egypt, the United Arab Emirates, Oman, Switzerland, Morocco, Montenegro, and the United Kingdom. It operates through four segments: … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Neinor Homes
A-Score
1-Year Total Return ->
🥈
Kaufman & Broad
A-Score
1-Year Total Return ->
🥉
MJ Gleeson
A-Score
1-Year Total Return ->
4
Crest Nicholson
A-Score
1-Year Total Return ->
5
JM
A-Score
1-Year Total Return ->
6
