Taylor Wimpey Plc (TW.:LN)

Consumer Discretionary/Home Construction Price: 165.50 GBX Report Date: September 24, 2021 Business Description and Key Statistics

Taylor Wimpey is a residential developer building and delivering Current YTY % Chg homes and communities across the United Kingdom and in Spain. Co. has the following reporting segments: Housing United Revenue LFY (M) 4,341 6.4 Kingdom, which include North, Central and South West, London EPS Diluted LFY 0.21 3.0 and South East (including Central London), and Corporate; and Housing Spain. Market Value (M) 5,416 Shares Outstanding LFY (000) 3,272,408 Book Value Per Share 1.01 EBITDA Margin % 20.00

Net Margin % 15.5 Website: www.taylorwimpey.co.uk Long-Term Debt / Capital % 2.5 ICB Industry: Consumer Discretionary Dividends and Yield TTM 0.04 - 2.50% ICB Subsector: Home Construction Payout Ratio TTM % 89.0 Address: Gate House;Turnpike Road High Wycombe 60-Day Average Volume (000) 9,475 GBR 52-Week High & Low 191.70 - 101.05 Employees: 5,883 Price / 52-Week High & Low 0.86 - 1.64

Price, Moving Averages & Volume

196.0 196.0 Taylor Wimpey Plc is currently trading at 165.50 which is 3.1% below its 50 day moving 184.1 184.1 average price of 170.80 and 2.6% below its 200 day 172.2 172.2 moving average price of 169.89.

160.4 160.4 TW.:LN is currently 13.7% below its 52-week high price of 191.70 and is 63.8% above its 148.5 148.5 52-week low price of 101.05. Over the past 52-weeks, 136.6 136.6 TW.:LN is up 63.8% while on a calendar year-to-date basis it is down 0.2%. 124.7 124.7 The Relative Strength Index (RSI) indicator for TW.:LN is 112.8 112.8 currently 39.83. An RSI value of 70 and above is considered 100.9 100.9 overbought and 30 and below 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 oversold. Volume (000) 64,399 64,399

48,563 48,563

32,727 32,727

16,891 Mean (13410.03) 16,891

1,054 1,054 10/20 11/20 12/20 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21

Price Price (50-Day Simple Moving Average) Price (200-Day Simple Moving Average)

Consumer Discretionary/Home Construction Price: 165.50 GBX Report Date: September 24, 2021 Price Performance, Technical Indicators & Risk Metrics

Difference Price Performance % Change vs FTSE 350 Technical Indicators 1-Day % -1.78 -1.30 50-Day Average Price 170.80 1-Week % -1.11 -1.37 Price / 50-Day Average 0.97 4-Week % -8.39 -6.97 200-Day Average Price 169.89 52-Week % 63.78 39.43 Price / 200-Day Average 0.97 RSI - Relative Strength Index 39.83 Quarter-to-Date % 4.12 2.99

Year-to-Date % -0.18 -10.40 Risk Metrics Last Month % 11.12 9.20 Price Volatility 5.67 Last Quarter % -11.91 -16.58 Sharpe Ratio 0.06 Last Calendar Year % -14.27 -1.28 Sortino Ratio 0.11

5-Year Price Performance vs. FTSE 350

Taylor Wimpey Plc Current: 1.07 CAGR: 1.4% Over the past five years, Taylor FTSE 350 Index Current: 1.18 CAGR: 3.4% Wimpey Plc's stock price is up 7.4% which is 11.0% below 1.6 1.6 the FTSE 350 Index performance of 18.4% over the same period. Taylor Wimpey 1.5 1.5 Plc's cumulative annualized growth rate (CAGR) over the 1.4 1.4 five year period has been 1.4% while that of the FTSE 350 Index has been 3.4%. 1.3 1.3 Over the past year, Taylor Wimpey Plc's stock price 1.2 1.2 performance of 63.8% has ^NMX:LN outperformed that of the FTSE 1.2 1.2 350 Index by 39.4%. On a year-to-date basis, Taylor Wimpey Plc's stock price 1.1 TW.:LN 1.1 performance of -0.2% has outperformed the FTSE 350 1.0 1.0 Index by 10.4%. Over the past week, Taylor 0.9 0.9 Wimpey Plc's stock price performance of -1.1% has underperformed that of the 0.8 0.8 FTSE 350 Index by 1.4%.

0.8 0.8

0.7 0.7

0.6 0.6 2017 2018 2019 2020 2021 2022

Consumer Discretionary/Home Construction Price: 165.50 GBX Report Date: September 24, 2021 Growth and Profitability Metrics

5-Year 10-Year Historical Growth 3-Year 5-Year 10-Year Profitability Current Average Average Revenues % 5.7 10.1 5.3 Gross Margin % 24.0 22.9 Revenues Per Share % 5.7 10.1 -4.5 EBITDA Margin % 20.0 17.1 EBITDA % 4.4 11.7 999.9 Pre-Tax Margin % 19.1 15.5 EPS Diluted % 4.8 12.4 999.9 Net Margin % 15.5 13.4 Free Cash Flow % -2.0 -15.4 Return on Equity % 20.7 16.2 Cash from Operations % -1.7 21.5 9.5 Return on Capital % 20.2 15.5 Book Value % 4.4 5.3 8.0 Return on Assets % 12.9 9.9

Revenue (M) Taylor Wimpey Plc's cumulative annualized revenue Current: 4341.30 Median: 4023.60 High: 4341.30 Low: 3676.20 CAGR: 5.7% growth rate over the charted 4,474.3 4,474.3 4,341.3 period is 5.7%. This compares to cumulatative annualized 4,197.2 4,082.0 4,197.2 growth of 5.7% over the past 3 3,965.2 years. 3,920.1 3,920.1 3,676.2 3,642.9 3,642.9 2016 2017 2018 2019 2020 2021 Taylor Wimpey Plc's EPS Diluted cumulative annualized EPS Current: 0.21 Median: 0.19 High: 0.21 Low: 0.17 CAGR: 5.3% growth rate over the charted 0.218 0.218 period is 5.3%. This compares 0.210 to cumulatative annualized 0.200 0.201 0.201 growth of 4.8% over the past 3 years.

0.185 0.180 0.185 0.170 0.168 0.168 2016 2017 2018 2019 2020 2021

Net Profit Margin % Taylor Wimpey Plc's net profit margin of 15.5% is 0.2% Current: 15.54 Median: 15.55 High: 16.07 Low: 13.99 CAGR: -0.7% above the period's mean net 16.2 16.2 margin of 15.3%. During the charted period, the observed Mean (15.34) 15.4 15.4 net profit margin high and low were 16.1% and 14.0% 14.6 14.6 respectively.

13.9 13.9 2016 2017 2018 2019 2020 2021 Taylor Wimpey Plc's return on Return on Equity % equity of 20.7% is 0.6% above Current: 20.70 Median: 20.50 High: 21.10 Low: 18.60 CAGR: 0.3% the period's mean return on 21.2 21.2 equity of 20.2%. During the charted period, the observed 20.3 Mean (20.15) 20.3 ROE high and low were 21.1% and 18.6% respectively. 19.4 19.4

18.5 18.5 2016 2017 2018 2019 2020 2021

Consumer Discretionary/Home Construction Price: 165.50 GBX Report Date: September 24, 2021 Valuation Metrics

5-Year 10-Year 5-Year 10-Year Current Median Median Current Median Median

Price / EPS TTM 8.0 8.7 10.7 Earnings Yield % 14.35 9.04

Price / Sales 1.3 1.4 1.5 Free Cash Flow Yield % 9.27 9.77 21.72

Price / Operating Cash Flow 7.9 8.6 10.6 Dividend Yield % 2.50 8.46 6.49

Price / Book Value 1.6 1.8 1.7 Enterprise Value / EBITDA 5.6 6.2 8.2

Price / EPS TTM Taylor Wimpey Plc is trading at 8.03 times its EPS generated Current: 8.03 Median: 8.74 High: 12.50 Low: 4.91 CAGR: -3.1% during the latest fiscal year. 12.9 12.9 This multiple is below the historically observed median 10.1 10.1 of 8.74, while high and low Median (8.74) observations have been 12.50 and 4.91. 7.3 7.3

4.5 4.5 2016 2017 2018 2019 2020 2021 Price / Sales Taylor Wimpey Plc is trading at a Price to Sales ratio of 1.25 Current: 1.25 Median: 1.36 High: 1.75 Low: 0.76 CAGR: -3.3% based on sales generated 1.80 1.80 during the latest fiscal year. This ratio is below the historically observed median 1.44 Median (1.36) 1.44 ratio of 1.36, while high and low observations have been 1.07 1.07 1.75 and 0.76.

0.71 0.71 2016 2017 2018 2019 2020 2021 Taylor Wimpey Plc is trading at Price / Book Value a Price to Book ratio of 1.64 Current: 1.64 Median: 1.77 High: 2.32 Low: 1.00 CAGR: -2.3% based on book value at the 2.4 2.4 latest fiscal year end. This ratio is below the historically observed median of 1.77, 1.9 1.9 Median (1.77) while high and low observations have been 2.32 1.4 1.4 and 1.00.

0.9 0.9 2016 2017 2018 2019 2020 2021 Taylor Wimpey Plc has a Free Free Cash Flow Yield % Cash Flow Yield of 9.27% Current: 9.27 Median: 9.77 High: 30.05 Low: 6.60 CAGR: -19.7% based on free cash flow 31.2 31.2 generated during the latest fiscal year. This value is below the historically observed 22.6 22.6 median yield of 9.77%, while high and low observations 14.0 14.0 have been 30.05 and 6.60. Median (9.77)

5.4 5.4 2016 2017 2018 2019 2020 2021

Consumer Discretionary/Home Construction Price: 165.50 GBX Report Date: September 24, 2021 Dividends Data

Dividends Per Share TTM 0.04 Payout Ratio TTM % 89.03% Dividend Yield TTM % 2.50%

Rate Ex Date Record Date Payment Date Currency Note 0.041 01-04-2021 06-04-2021 14-05-2021 GBP FINAL GROSS 0.110 04-06-2020 05-06-2020 10-07-2020 GBP SPECIAL GROSS. DECIDED TO CANCEL PLANNED SPECIAL DIVIDEND. 0.038 02-04-2020 03-04-2020 15-05-2020 GBP FINAL GROSS. DECIDED TO CANCEL PROPOSED FINAL DIVIDEND. 0.038 03-10-2019 04-10-2019 08-11-2019 GBP INTERIM GROSS 0.107 06-06-2019 07-06-2019 12-07-2019 GBP SPECIAL GROSS 0.038 04-04-2019 05-04-2019 17-05-2019 GBP FINAL GROSS 0.024 04-10-2018 05-10-2018 09-11-2018 GBP INTERIM GROSS 0.104 31-05-2018 01-06-2018 13-07-2018 GBP SPECIAL GROSS 0.024 05-04-2018 06-04-2018 18-05-2018 GBP FINAL GROSS 0.023 21-09-2017 22-09-2017 03-11-2017 GBP INTERIM GROSS 0.092 01-06-2017 02-06-2017 14-07-2017 GBP SPECIAL GROSS 0.023 13-04-2017 18-04-2017 19-05-2017 GBP FINAL GROSS

Dividend Growth and Yield

Dividends Per Share TTM Taylor Wimpey Plc's trailing 12- month dividend per share is Current: 0.04 Median: 0.15 High: 0.19 Low: 0.04 CAGR: -19.2% 0.04 and its dividend has 0.20 0.20 grown at a cumulative annualized rate of -19.2% over 0.17 0.17 the charted period. This compares to dividend growth 0.14 0.14 of -77.80% over the past year and cumulative annualized growth of -35.10% over the 0.11 0.11 past 3 years.

0.09 0.09

0.06 0.06

0.03 0.03 2016 2017 2018 2019 2020 2021

Dividend Yield TTM % Taylor Wimpey Plc's current dividend yield is 2.50% based Current: 2.50 Median: 8.46 High: 18.41 Low: 2.28 CAGR: -18.8% on trailing 12 month 19.22 19.22 dividends. The current yield is below the historically observed 16.26 16.26 median of 8.46% and, over the charted time period, the 13.30 13.30 observed high yield has been 18.41% and the observed low yield has been 2.28%. 10.35 10.35

7.39 7.39

4.43 4.43

1.47 1.47 2016 2017 2018 2019 2020 2021

Consumer Discretionary/Home Construction Price: 165.50 GBX Report Date: September 24, 2021 ICB Subsector Peer Comparisons

Price Change Year to Date % Price Change Last Calendar Year % -5.8 4.1 14.0 23.9 33.8 -36.0 -25.9 -15.7 -5.6 4.5

Glenveagh Properties Plc 32.0 Countryside Properties PLC (New) 2.7 Vistry Group PLC 30.4 Persimmon PLC 2.7 Redrow Plc 21.4 Glenveagh Properties Plc -1.6 Crest Nicholson Holdings PLC 21.4 Berkeley Group Holdings Plc -2.4 Bellway PLC 15.3 Barratt Developments plc -10.3 Peer Group Average 12.4 Peer Group Average -13.5 Countryside Properties PLC (New) 10.1 Taylor Wimpey Plc -14.3 Cairn Homes Plc 5.0 Bellway PLC -22.4 Barratt Developments plc 1.7 Redrow Plc -23.3 Berkeley Group Holdings Plc 0.2 Cairn Homes Plc -23.9 Taylor Wimpey Plc -0.2 Crest Nicholson Holdings PLC -24.5 Persimmon PLC -0.7 Vistry Group PLC -30.8 -5.8 4.1 14.0 23.9 33.8 -36.0 -25.9 -15.7 -5.6 4.5

Price / EPS TTM Price / Book Value 0.0 26.1 52.2 78.4 104.5 0.0 2.2 4.4 6.6 8.8

Crest Nicholson Holdings PLC 99.9 Berkeley Group Holdings Plc 8.4 Countryside Properties PLC (New) 99.9 Persimmon PLC 2.5 Berkeley Group Holdings Plc 66.0 Countryside Properties PLC (New) 2.5 Peer Group Average 36.5 Peer Group Average 2.2 Glenveagh Properties Plc 28.3 Taylor Wimpey Plc 1.6 Bellway PLC 21.8 Redrow Plc 1.5 Redrow Plc 21.2 Barratt Developments plc 1.4 Barratt Developments plc 17.5 Vistry Group PLC 1.4 Persimmon PLC 13.8 Bellway PLC 1.4 Cairn Homes Plc 12.6 Glenveagh Properties Plc 1.4 Vistry Group PLC 12.1 Crest Nicholson Holdings PLC 1.2 Taylor Wimpey Plc 8.0 Cairn Homes Plc 1.0 0.0 26.1 52.2 78.4 104.5 0.0 2.2 4.4 6.6 8.8

EPS 5-Year Growth Rate % Revenue 5-Year Growth Rate % -117.4 -83.4 -49.4 -15.4 18.6 -5.5 -1.4 2.8 6.9 11.1

Taylor Wimpey Plc 12.4 Countryside Properties PLC (New) 10.3

Vistry Group PLC 5.3 Taylor Wimpey Plc 10.1

Berkeley Group Holdings Plc 4.4 Vistry Group PLC 6.9

Persimmon PLC 3.7 Bellway PLC 4.7

Barratt Developments plc -2.7 Peer Group Average 3.8

Redrow Plc -5.9 Redrow Plc 3.1

Bellway PLC -7.5 Persimmon PLC 2.8

Peer Group Average -21.1 Berkeley Group Holdings Plc 1.5

Countryside Properties PLC (New) -100.0 Barratt Developments plc -1.9

Crest Nicholson Holdings PLC -100.0 Crest Nicholson Holdings PLC -3.4

-117.4 -83.4 -49.4 -15.4 18.6 -5.5 -1.4 2.8 6.9 11.1

Consumer Discretionary/Home Construction Price: 165.50 GBX Report Date: September 24, 2021 Abbreviations: CAGR - Cumulative annual growth rate. EBIT - Earnings before interest and taxes. EBITDA - Earnings before interest, taxes, depreciation & amortization. LFY - Last fiscal year M - Million LON - London Stock Exchange

Definitions: Market Value - Weekly Price times latest Shares Outstanding times any applicable ADR factor. Revenue - Sum of the last four quarters of Revenues. Revenue Per Share - Sum of the last four quarters of Total Revenue divided by Weighted Average Shares Outstanding. Operating EPS LFY - EPS excluding non-recurring, non-operating items, fiscal year aligned TTM value. 60-Day Average Volume (000) - The average of the last 60 daily volume values in thousands of shares. Price 52-Week High - The high closing price from the last 52 weeks of daily closing prices. Price 52-Week Low - The low closing price from the last 52 weeks of daily closing prices. Price / 52-Week High - Latest price divided by the high price from the past 52 weeks of daily closing prices. Price / 52-Week Low - Latest price divided by the low price from the past 52 weeks of daily closing prices. 50-Day Average Price - Mean of last 50 daily closing prices. 200-Day Average Price - Mean of last 200 daily closing prices. Price / 50-Day Average Price - Latest closing price divided by mean of last 50 daily closing prices, as a percentage. Price / 200-Day Average Price - Latest closing price divided by mean of last 200 daily closing prices, as a percentage. Relative Strength Index - Relative Strength Index or RSI measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods. In this item, 14 days is used and one year of daily prices are considered. A value of 30 or below may imply oversold and 70 or above may imply overbought. Price Volatility - The standard deviation of the last 20 days of daily closing prices. Sharpe Ratio - The 5 year average of the excess monthly return over the risk - free rate(1 - month T - bill) over the 5 year standard deviation of the same series. Sortino Ratio - The same calculation as the Sharpe Ratio but with positive excess returns set to zero for the standard deviation denominator, so only negative volatility weighs in. Dividends Per Share TTM - Sum of the last four quarters of Dividends Per Share. Payout Ratio - Dividends Per Share TTM divided by Operating EPS TTM. Dividend Yield TTM % - Sum of the last four quarter of Dividends Per Share divided by Weekly Price. EBITDA - Sum of the last four quarters of EBITDA (Operating Income + Depreciation & Amortization). Free Cash Flow - Sum of the last four quarters Net Cash from Operations minus Capital Expenditures (Purchase of Property, Plant & Equipment), from the Cash Flow Statement. Book Value Per Share - Total Common Equity last quarter divided by Shares Outstanding last quarter. Gross Margin % - Sum of the last four quarters Gross Profit divided by the sum of the last four quarters Revenues. EBITDA Margin % - Sum of the last four quarters EBITDA divided by the sum of the last four quarters Revenues. Pre-Tax Margin % - Sum of the last four quarters of Earnings Before Taxes divided by sum of the last four quarters Revenues. Net Profit Margin % - Sum of the last four quarters of Operating EPS divided by sum of the last four quarters Revenues Per Share. Return on Equity % - Sum of the last four quarters of Operating EPS divided by the average of the last four quarters Book Value. Return on Capital % - Sum of the last four quarters of Operating EPS divided by the average of the last four quarters Total Capital Per Share. Return on Assets % - Sum of the last four quarters of Operating EPS divided by the average of the last four quarters Total Assets Per Share. Price / EPS TTM - Weekly Price divided by the sum of the last four quarters of Operating EPS (capped at 99.9). Price / Sales - Weekly Price divided by Revenues Per Share TTM. Price / Book Value - Weekly Price divided by Book Value Per Share last quarter. Book Value Per Share is Total Common Equity last quarter divided by Shares Outstanding last quarter (capped at 49.9). Free Cash Flow Yield % - Free Cash Flow Per Share TTM divided by Weekly Price. Enterprise Value - Market Value plus Total Debt last year plus Preferred Equity last year minus Cash & Cash Equivalents last year. Enterprise Value / Sales - Enterprise Value divided by the sum of the last four quarters of Revenue. Enterprise Value / EBITDA - Enterprise Value divided by EBITDA TTM. Enterprise Value / EBIT - Enterprise Value divided by trailing four quarters of Operating Income. Enterprise Value / Free Cash Flow- Enterprise Value divided by the sum of the last four quarters of Free Cash Flow. Russell 1000 Index - The largest 1,000 stocks by market cap, the index comprehensively covers the US large cap universe. EPS 5-Year Growth Rate % is capped at 999.9%. Revenue 5-Year Growth Rate % is capped at 999.9%.

Consumer Discretionary/Home Construction Price: 165.50 GBX Report Date: September 24, 2021

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