FTSE Factsheet
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FTSE COMPANY REPORT Share price analysis relative to sector and index performance Data as at: 21 February 2020 Barratt Developments BDEV Household Goods & Home Construction — GBP 8.632 at close 21 February 2020 Absolute Relative to FTSE UK All-Share Sector Relative to FTSE UK All-Share Index PERFORMANCE 21-Feb-2020 21-Feb-2020 21-Feb-2020 9 125 150 1D WTD MTD YTD Absolute 0.0 -0.8 7.5 15.6 8.5 120 140 Rel.Sector 0.1 -1.9 2.7 4.5 Rel.Market 0.4 -0.8 5.6 17.4 8 115 130 7.5 VALUATION 110 7 120 Trailing 105 RelativePrice RelativePrice 6.5 110 PE 11.0 Absolute Price (local (local Absolute currency)Price 100 6 EV/EBITDA 13.7 100 PB 1.7 5.5 95 PCF 19.1 5 90 90 Div Yield 3.6 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 Price/Sales 1.7 Absolute Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Net Debt/Equity 0.0 100 100 100 Div Payout 63.4 90 90 90 ROE 15.7 80 80 80 Share Index) Share 70 Share Sector) Share - 70 - 70 60 DESCRIPTION 60 60 50 50 50 The Company is engage in constructing residential 40 RSI RSI (Absolute) property. 40 40 30 30 30 20 20 20 10 RSI (Relative to FTSE UKFTSE All to RSI (Relative RSI (Relative to FTSE UKFTSE All to RSI (Relative 10 10 0 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 See final page and http://www.londonstockexchange.com/prices-and-markets/stocks/services-stock/ftse-note.htm for further details. Past performance is no guarantee of future results. Please see the final page for important legal disclosures. 1 of 4 FTSE COMPANY REPORT: Barratt Developments 21 February 2020 Valuation Metrics Price to Earnings (PE) EV to EBITDA Price to Book (PB) 31-Jan-2020 31-Jan-2020 31-Jan-2020 20 16 1.9 1.8 18 14 1.7 16 12 1.6 +1SD 14 +1SD +1SD 1.5 10 12 1.4 Avg Avg 8 Avg 1.3 10 1.2 -1SD 8 6 -1SD -1SD 1.1 6 4 1 Feb-2015 Feb-2016 Feb-2017 Feb-2018 Feb-2019 Feb-2015 Feb-2016 Feb-2017 Feb-2018 Feb-2019 Feb-2015 Feb-2016 Feb-2017 Feb-2018 Feb-2019 Mccarthy & Stone 27.8 Vistry Group 16.5 Persimmon 3.0 Vistry Group 22.0 Reckitt Benckiser Group 15.1 Reckitt Benckiser Group 3.0 Reckitt Benckiser Group 20.6 Barratt Developments 13.7 Vistry Group 2.8 M J Gleeson 15.7 Household Goods & Home Construction 11.8 M J Gleeson 2.6 Crest Nicholson Holdings 15.6 M J Gleeson 11.8 Countryside Properties 2.4 Household Goods & Home Construction 14.2 Countryside Properties 11.1 Household Goods & Home Construction 2.4 Barratt Developments 11.0 Taylor Wimpey Redrow Persimmon 11.0 7.4 1.8 Taylor Wimpey 10.7 Berkeley Group Holdings 7.3 Bellway 1.7 Berkeley Group Holdings 10.5 Redrow 6.5 Barratt Developments 1.7 Bellway 9.1 McBride 5.0 Crest Nicholson Holdings 1.5 Redrow 8.5 Mccarthy & Stone 0.0 Mccarthy & Stone 1.0 0 5 10 15 20 25 30 0 2 4 6 8 10 12 14 16 18 0 0.5 1 1.5 2 2.5 3 3.5 Price to Cash Flow (PCF) Dividend Yield % Price to Sales (PS) 31-Jan-2020 31-Jan-2020 31-Jan-2020 35 6 2 1.9 30 5 1.8 +1SD 1.7 25 1.6 4 +1SD +1SD 1.5 20 Avg 1.4 3 Avg 1.3 15 Avg -1SD 1.2 2 -1SD 10 1.1 -1SD 1 5 1 0.9 Feb-2015 Feb-2016 Feb-2017 Feb-2018 Feb-2019 Feb-2015 Feb-2016 Feb-2017 Feb-2018 Feb-2019 Feb-2015 Feb-2016 Feb-2017 Feb-2018 Feb-2019 M J Gleeson 60.4 Persimmon 7.7 Reckitt Benckiser Group 3.5 Vistry Group 22.8 Crest Nicholson Holdings 6.6 Vistry Group 2.8 Countryside Properties 22.3 Headlam Group 4.7 Persimmon 2.6 Barratt Developments 19.1 Redrow 3.8 Household Goods & Home Construction 2.3 Bellway Berkeley Group Holdings Reckitt Benckiser Group 18.1 3.8 2.2 Barratt Developments 3.6 M J Gleeson 2.1 Household Goods & Home Construction 15.7 Household Goods & Home Construction 3.4 Barratt Developments 1.7 Berkeley Group Holdings 10.8 Taylor Wimpey 2.9 Redrow 1.3 Taylor Wimpey 10.7 Reckitt Benckiser Group 2.7 Mccarthy & Stone 1.3 Crest Nicholson Holdings 10.2 Vistry Group 2.5 Crest Nicholson Holdings 1.2 Mccarthy & Stone 9.7 Berkeley Group Holdings 0.5 Headlam Group 0.6 Redrow 9.6 McBride 0.0 McBride 0.2 0 10 20 30 40 50 60 70 0 1 2 3 4 5 6 7 8 9 0 0.5 1 1.5 2 2.5 3 3.5 4 Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 2 of 4 FTSE COMPANY REPORT: Barratt Developments 21 February 2020 Valuation Metrics Net Debt to Equity Dividend Payout (DP) Return on Equity (RoE) 31-Jan-2020 31-Jan-2020 31-Jan-2020 0.06 70 +1SD 16 +1SD +1SD 15 0.05 60 Avg 14 Avg Avg 0.04 50 13 -1SD 0.03 40 12 -1SD -1SD 11 0.02 30 10 0.01 20 9 Feb-2015 Feb-2016 Feb-2017 Feb-2018 Feb-2019 Feb-2015 Feb-2016 Feb-2017 Feb-2018 Feb-2019 Feb-2015 Feb-2016 Feb-2017 Feb-2018 Feb-2019 McBride 2.1 Mccarthy & Stone 100.0 Persimmon 27.7 Reckitt Benckiser Group 0.8 Crest Nicholson Holdings 100.0 Berkeley Group Holdings 22.5 Household Goods & Home Construction 0.3 Vistry Group 100.0 Redrow 21.4 Crest Nicholson Holdings 0.2 Persimmon 88.7 Taylor Wimpey 20.6 Berkeley Group Holdings 0.1 Taylor Wimpey 84.5 Countryside Properties 19.9 Redrow 0.1 Barratt Developments 63.4 Household Goods & Home Construction 17.7 Barratt Developments 0.0 Household Goods & Home Construction 58.8 Barratt Developments 15.7 Mccarthy & Stone 0.0 Redrow 54.4 Headlam Group 14.8 Bellway 0.0 Countryside Properties 43.4 Vistry Group 12.9 Countryside Properties 0.0 Bellway 34.4 McBride 12.3 Persimmon 0.0 McBride 0.0 Crest Nicholson Holdings 9.5 M J Gleeson 0.0 Berkeley Group Holdings 0.0 Mccarthy & Stone 3.7 0 0.5 1 1.5 2 2.5 0 20 40 60 80 100 120 0 5 10 15 20 25 30 ROE vs. PB — sector Du Pont Analysis 3.2 1.8 18 Regression PSN 3.0 RB. 1.6 16 VTY 2.8 1.4 14 2.6 GLE 1.2 12 CSP 2.4 Household Goods 1 10 2.2 BKG PB TW. 0.8 8 2.0 HEAD 0.6 6 1.8 MCB RDW BDEV BWY 1.6 0.4 4 CRST 1.4 0.2 2 1.2 0 0 2016 2017 2018 2019 2020 1.0 MCS 4 6 8 10 12 14 16 18 20 22 24 26 28 Net Margin Asset Turnover Gearing ROE (rhs) ‖ ROE Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 3 of 4 FTSE COMPANY REPORT: Barratt Developments 21 February 2020 Brief description Brief description Price to Earnings Price to Earnings (PE) is price over earnings per share. Earnings are based on the latest Gearing Gearing is Total Assets divided by Common Equity. Total Assets and Common Equity are (PE) available fiscal year earnings. each averaged over two years, that is, t and (t-1). Price to Sales (PS) Price to Sales (PS) is price divided by sales per share. It is based on sales from continuing Asset Turnover Asset turnover is Sales divided by Total Assets. Total Assets is averaged over two years, operations for the fiscal year. that is, t and (t-1). Price to Book (PB) Price to Book (PB) is price at the indicated date divided by common equity per share. Dupont Breakdown Return on Equity (RoE) = Net Margin * Gearing * Asset Turnover Common/ordinary equity is generally as reported at the most recent fiscal year-end but is Analysis adjusted to exclude minority interest, preferred stock and selected items as appropriate. RoE vs PB Plot of RoE versus PB at last month end for all FTSE UK All Share stocks in the sector Price to Cash Flow Price to Cash Flow (PCF) is price at the indicated date divided by cash flow per share. relative to the stock in question. Data may be limited to the stock in question if there are (PCF) currently no stocks in the corresponding FTSE UK All Share sector. Net Debt Equity Net Debt Equity is Net Debt as a percentage of common equity.