2.58%
-5.37%
2.00%
15.22%
51.16%
77.18%
50.16%
AI Spotlight on CRN
Company Description
Cairn Homes plc operates as a homebuilder in Ireland.The company develops and sells residential properties.It is also involved in the rental of properties.
The company was incorporated in 2014 and is based in Dublin, Ireland
Market Data
| Last Price | 183.2 |
| Change Percentage | 2.58% |
| Open | 181 |
| Previous Close | 178.6 |
| Market Cap ( Millions) | 1136 |
| Volume | 748219 |
| Year High | 197.8 |
| Year Low | 119.2 |
| M A 50 | 183.12 |
| M A 200 | 163.25 |
Financial Ratios
| FCF Yield | 13.69% |
| Dividend Yield | 3.82% |
| ROE | 14.73% |
| Debt / Equity | 39.97% |
| Net Debt / EBIDTA | 112.23% |
| Price To Book | 1.88 |
| Price Earnings Ratio | 12.77 |
| Price To FCF | 7.3 |
| Price To sales | 1.67 |
| EV / EBITDA | 10.45 |
News
- Jan -02 - Undiscovered Gems In The United Kingdom To Watch January 2025
- Jan -01 - 3 Noteworthy UK Penny Stocks With Under £2B Market Cap
- Dec -04 - Undiscovered Gems in the UK Market for December 2024
- Dec -03 - Discover UK Penny Stocks To Watch In December 2024
- Dec -02 - Is Cairn Homes plc (LON:CRN) Worth UK£1.7 Based On Its Intrinsic Value?
- Nov -18 - What Does Cairn Homes plc's (LON:CRN) Share Price Indicate?
- Nov -04 - Is Cairn Homes plc's (LON:CRN) Recent Stock Performance Tethered To Its Strong Fundamentals?
- Oct -28 - Undiscovered Gems In The UK Featuring 3 Promising Small Caps With Strong Potential
- Oct -28 - Undiscovered Gems in United Kingdom Stocks for October 2024
- Oct -21 - Undiscovered Gems in the United Kingdom to Watch This October 2024
- Oct -21 - 3 Penny Stocks On The UK Exchange With Market Caps Under £2B
- Oct -21 - Discovering Undiscovered Gems in the UK for October 2024
- Oct -16 - Uncovering Three Promising UK Stocks with Strong Potential
- Oct -16 - Undiscovered Gems Warpaint London And 2 Other Small Caps with Strong Fundamentals
- Oct -11 - Exploring 3 Undiscovered Gems in the United Kingdom Market
- Oct -11 - Undiscovered Gems in the United Kingdom for October 2024
- Oct -10 - Kitwave Group And 2 Other Undiscovered Gems In The United Kingdom
- Oct -10 - Undiscovered Gems In The UK: Top Stocks For October 2024
- Oct -09 - Kitwave Group And 2 Promising Small Caps With Growth Potential
- Oct -09 - Kitwave Group And 2 Other Undiscovered Gems With Promising Potential
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Houses
Expected Growth : 12 %
What the company do ?
Cairn Homes plc offers a range of high-quality, energy-efficient houses and apartments in Ireland, catering to various needs and budgets.
Why we expect these perspectives ?
Cairn Homes plc's 12% growth in houses is driven by increasing demand for affordable housing in Ireland, strategic land acquisition, and efficient construction processes. Additionally, government initiatives such as the 'Rebuilding Ireland' program and Help-to-Buy scheme support the growth. Furthermore, Cairn's focus on first-time buyers and partnerships with state agencies contribute to the segment's expansion.
Segment n°2 -> Apartments
Expected Growth : 11 %
What the company do ?
Apartments from Cairn Homes plc offer luxurious living spaces with modern amenities, designed for comfort and convenience in Ireland.
Why we expect these perspectives ?
Cairn Homes plc's 11% growth in apartments is driven by increasing demand for affordable housing, government incentives for first-time buyers, and a shortage of supply in the Irish market. Additionally, the company's strategic focus on urban regeneration projects and partnerships with local authorities have contributed to its growth.
Segment n°3 -> Residential Site and Other
Expected Growth : 10 %
What the company do ?
Residential Site and Other from Cairn Homes plc refers to the segment that develops and sells residential properties, and also includes other non-core activities.
Why we expect these perspectives ?
Cairn Homes plc's Residential Site and Other segment growth of 10% is driven by increasing demand for new homes in Ireland, fueled by a growing population and limited supply. Government initiatives to stimulate housing development, such as the 'Rebuilding Ireland' plan, also contribute to growth. Additionally, the company's strategic landbanking and partnerships with local authorities support its expansion.
Segment n°4 -> Property Rental
Expected Growth : 14 %
What the company do ?
Cairn Homes plc's Property Rental segment involves the rental of residential properties, generating income through rental yields and providing a steady revenue stream.
Why we expect these perspectives ?
Cairn Homes plc's 14% growth in Property Rental is driven by increasing demand for rental properties in Ireland, fueled by a shortage of affordable housing and rising population. Additionally, the company's strategic focus on acquiring and developing high-quality properties in prime locations, coupled with effective asset management and competitive pricing, contributes to its growth momentum.
Cairn Homes Plc Products
| Product Range | What is it ? |
|---|---|
| Residential Homes | Cairn Homes plc develops and sells residential homes, including apartments, houses, and duplexes, catering to various demographics and budgets. |
| Apartments | The company offers a range of apartments, from studios to three-bedroom units, in urban and suburban locations, often with amenities like gyms, parks, and community spaces. |
| Houses | Cairn Homes plc builds and sells a variety of houses, including semi-detached, detached, and terraced homes, often with gardens and outdoor spaces. |
| Duplexes | The company develops and sells duplexes, which are two-unit homes, often with shared walls, offering a more affordable option for homeownership. |
| Land Development | Cairn Homes plc acquires, develops, and sells land parcels to other builders, developers, and investors, often with planning permission and infrastructure in place. |
Cairn Homes plc's Porter Forces
Threat Of Substitutes
The threat of substitutes for Cairn Homes plc is medium due to the availability of alternative housing options, such as apartments and rental properties.
Bargaining Power Of Customers
The bargaining power of customers for Cairn Homes plc is low due to the lack of negotiating power of individual homebuyers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Cairn Homes plc is medium due to the dependence on a few large suppliers of building materials.
Threat Of New Entrants
The threat of new entrants for Cairn Homes plc is high due to the relatively low barriers to entry in the homebuilding industry.
Intensity Of Rivalry
The intensity of rivalry for Cairn Homes plc is high due to the competitive nature of the homebuilding industry in Ireland.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 19.23% |
| Debt Cost | 8.74% |
| Equity Weight | 80.77% |
| Equity Cost | 9.21% |
| WACC | 9.12% |
| Leverage | 23.81% |
Cairn Homes plc : Quality Control
Cairn Homes plc passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| 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 … |
| MVC.MC | Metrovacesa S.A. operates as a real estate development company in Spain. It develops and sells residential properties, which include one-family, multi-family, and semi-detached and detached houses; and commercial properties, as … |
| 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 … |
| 1AT.WA | Atal S.A. develops and sells residential building complexes in Poland. The company develops housing estates, and single and multi-family houses. It operates in Gliwice, Katowice, Cracow, Lodz, Wroclaw, Warsaw, Tricity, … |
| AEDAS.MC | Aedas Homes, S.A. engages in the development of residential homes in Spain. It focuses on multi- and single-family homes. The company was incorporated in 2016 and is based in Madrid, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Neinor Homes
A-Score
1-Year Total Return ->
🥈
Cairn Homes
A-Score
1-Year Total Return ->
🥉
Metrovacesa
A-Score
1-Year Total Return ->
4
Atal
A-Score
1-Year Total Return ->
5
Aedas Homes
A-Score
1-Year Total Return ->
6
