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Berkeley Group Holdings

DB:42BA
Snowflake Description

Excellent balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
42BA
DB
£6B
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

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 last earnings update was 101 days ago. More info.


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42BA Share Price and Events
7 Day Returns
3.7%
DB:42BA
-1.1%
DE Consumer Durables
0.1%
DE Market
1 Year Returns
26.6%
DB:42BA
2.9%
DE Consumer Durables
8.8%
DE Market
42BA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Berkeley Group Holdings (42BA) 3.7% 6.8% 28.9% 26.6% 83.4% 81.1%
DE Consumer Durables -1.1% 3.5% 4.1% 2.9% -5.9% 11.6%
DE Market 0.1% 5.9% 15% 8.8% 14.5% 21%
1 Year Return vs Industry and Market
  • 42BA outperformed the Consumer Durables industry which returned 2.9% over the past year.
  • 42BA outperformed the Market in Germany which returned 8.8% over the past year.
Price Volatility
42BA
Industry
5yr Volatility vs Market

42BA Value

 Is Berkeley Group Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Berkeley Group Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Berkeley Group Holdings.

DB:42BA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-04-30) in GBP £ 2.0834421428571
Payout Ratio Company Filings (2019-04-30) 2432.1%
Discount Rate (Cost of Equity) See below 7.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:42BA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.815 (1 + (1- 19%) (5.22%))
1.039
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.039 * 6.65%)
7.14%

Discounted Cash Flow Calculation for DB:42BA using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Berkeley Group Holdings is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:42BA Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= £2.08 / (7.14% - 0.23%)
£40.81
DB:42BA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:42BA represents 1.16364x of LSE:BKG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.16364x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 30.14 x 1.16364
€35.07
Value per share (EUR) From above. €35.07
Current discount Discount to share price of €53.26
= -1 x (€53.26 - €35.07) / €35.07
-51.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Berkeley Group Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Berkeley Group Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Berkeley Group Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:42BA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in GBP £4.81
LSE:BKG Share Price ** LSE (2019-11-14) in GBP £45.77
Germany Consumer Durables Industry PE Ratio Median Figure of 8 Publicly-Listed Consumer Durables Companies 17.05x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Berkeley Group Holdings.

DB:42BA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:BKG Share Price ÷ EPS (both in GBP)

= 45.77 ÷ 4.81

9.51x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Berkeley Group Holdings is good value based on earnings compared to the DE Consumer Durables industry average.
  • Berkeley Group Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Berkeley Group Holdings's expected growth come at a high price?
Raw Data
DB:42BA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
-5.1%per year
Germany Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 0.97x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

DB:42BA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.51x ÷ -5.1%

-1.87x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Berkeley Group Holdings earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Berkeley Group Holdings's assets?
Raw Data
DB:42BA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in GBP £23.05
LSE:BKG Share Price * LSE (2019-11-14) in GBP £45.77
Germany Consumer Durables Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.69x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:42BA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:BKG Share Price ÷ Book Value per Share (both in GBP)

= 45.77 ÷ 23.05

1.99x

* Primary Listing of Berkeley Group Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Berkeley Group Holdings is overvalued based on assets compared to the DE Consumer Durables industry average.
X
Value checks
We assess Berkeley Group Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. Berkeley Group Holdings has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

42BA Future Performance

 How is Berkeley Group Holdings expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-5.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Berkeley Group Holdings expected to grow at an attractive rate?
  • Berkeley Group Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Berkeley Group Holdings's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Berkeley Group Holdings's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:42BA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:42BA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts -5.1%
DB:42BA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts -7.3%
Germany Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 15%
Germany Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:42BA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:42BA Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-04-30 2,262 474 511 2
2022-04-30 2,313 474 499 10
2021-04-30 2,283 585 456 14
2020-04-30 2,163 510 438 14
2019-11-14
DB:42BA Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-04-30 2,957 612 627
2019-01-31 2,894 620 655
2018-10-31 2,693 628 649
2018-07-31 2,698 672 705
2018-04-30 2,841 717 796
2018-01-31 2,868 718 770
2017-10-31 2,975 720 773
2017-07-31 2,849 570 709
2017-04-30 2,724 421 645
2017-01-31 2,523 317 566
2016-10-31 2,322 213 487
2016-07-31 2,185 103 445

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Berkeley Group Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Berkeley Group Holdings's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:42BA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from Berkeley Group Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:42BA Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-04-30 3.94 3.97 3.92 2.00
2022-04-30 3.78 4.10 3.17 6.00
2021-04-30 3.52 3.88 3.17 8.00
2020-04-30 3.36 3.56 3.22 8.00
2019-11-14
DB:42BA Past Financials Data
Date (Data in GBP Millions) EPS *
2019-04-30 4.81
2019-01-31 4.97
2018-10-31 4.87
2018-07-31 5.25
2018-04-30 5.88
2018-01-31 5.64
2017-10-31 5.62
2017-07-31 5.15
2017-04-30 4.68
2017-01-31 4.12
2016-10-31 3.55
2016-07-31 3.25

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Berkeley Group Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Berkeley Group Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Berkeley Group Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

42BA Past Performance

  How has Berkeley Group Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Berkeley Group Holdings's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Berkeley Group Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Berkeley Group Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Berkeley Group Holdings's 1-year earnings growth is negative, it can't be compared to the DE Consumer Durables industry average.
Earnings and Revenue History
Berkeley Group Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Berkeley Group Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:42BA Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 2,957.40 627.40 157.80
2019-01-31 2,893.60 654.80 162.70
2018-10-31 2,692.60 648.80 167.60
2018-07-31 2,698.15 705.45 167.05
2018-04-30 2,840.90 795.50 166.50
2018-01-31 2,867.55 770.25 158.75
2017-10-31 2,974.60 773.00 151.00
2017-07-31 2,849.05 709.05 167.30
2017-04-30 2,723.50 645.10 183.60
2017-01-31 2,522.85 565.95 196.45
2016-10-31 2,322.20 486.80 209.30
2016-07-31 2,184.85 445.45 203.55
2016-04-30 2,047.50 404.10 197.80
2016-01-31 2,142.00 406.85 208.55
2015-10-31 2,236.50 409.60 219.30
2015-07-31 2,178.25 416.55 206.00
2015-04-30 2,120.00 423.50 192.70
2015-01-31 1,970.90 413.55 165.10
2014-10-31 1,821.80 403.60 137.50
2014-07-31 1,721.20 348.25 135.80
2014-04-30 1,620.60 292.90 134.10
2014-01-31 1,564.10 263.05 136.55
2013-10-31 1,507.60 233.20 139.00
2013-07-31 1,440.10 221.45 131.15
2013-04-30 1,372.60 209.70 123.30
2013-01-31 1,347.40 200.65 118.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Berkeley Group Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Berkeley Group Holdings used its assets more efficiently than the DE Consumer Durables industry average last year based on Return on Assets.
  • Berkeley Group Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Berkeley Group Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Berkeley Group Holdings has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

42BA Health

 How is Berkeley Group Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Berkeley Group Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Berkeley Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Berkeley Group Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Berkeley Group Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 14.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Berkeley Group Holdings Company Filings, last reported 6 months ago.

DB:42BA Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 2,963.30 300.00 1,275.00
2019-01-31 2,963.30 300.00 1,275.00
2018-10-31 2,671.00 300.00 1,159.70
2018-07-31 2,671.00 300.00 1,159.70
2018-04-30 2,591.20 300.00 987.30
2018-01-31 2,620.00 300.00 987.30
2017-10-31 2,408.60 300.00 932.80
2017-07-31 2,408.60 300.00 932.80
2017-04-30 2,136.90 300.10 585.50
2017-01-31 2,136.90 300.10 585.50
2016-10-31 1,969.10 0.00 207.90
2016-07-31 1,969.10 0.00 207.90
2016-04-30 1,812.80 0.10 107.40
2016-01-31 1,812.80 0.10 107.40
2015-10-31 1,760.00 0.00 263.10
2015-07-31 1,760.00 0.00 263.10
2015-04-30 1,637.90 0.10 430.90
2015-01-31 1,637.90 0.10 430.90
2014-10-31 1,569.50 5.10 153.50
2014-07-31 1,569.50 5.10 153.50
2014-04-30 1,441.30 1.10 130.20
2014-01-31 1,441.30 1.10 130.20
2013-10-31 1,391.40 1.30 80.20
2013-07-31 1,391.40 1.30 80.20
2013-04-30 1,322.40 22.20 66.80
2013-01-31 1,322.40 22.20 66.80
  • Berkeley Group Holdings's level of debt (10.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.1% vs 10.1% today).
  • Debt is well covered by operating cash flow (204.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 384.2x coverage).
X
Financial health checks
We assess Berkeley Group Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Berkeley Group Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

42BA Dividends

 What is Berkeley Group Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.59%
Current annual income from Berkeley Group Holdings dividends. Estimated to be 4.55% next year.
If you bought €2,000 of Berkeley Group Holdings shares you are expected to receive €12 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Berkeley Group Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.38%).
  • Berkeley Group Holdings's dividend is below the markets top 25% of dividend payers in Germany (3.68%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:42BA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
Germany Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:42BA Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-04-30 2.18 2.00
2022-04-30 1.97 11.00
2021-04-30 2.15 14.00
2020-04-30 2.09 15.00
2019-11-14
DB:42BA Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-08-15 0.272 0.654
2018-08-16 0.901 2.467
2018-02-22 1.085 2.791
2017-08-17 1.370 3.564
2017-02-23 1.852 5.695
2016-08-03 2.000 7.565
2016-06-15 2.000 7.532
2015-12-04 2.000 6.161
2015-08-10 1.800 5.462
2015-06-17 1.800 5.396
2014-12-05 1.800 6.851
2014-11-05 1.800 7.486
2014-09-11 1.800 8.017
2014-06-18 1.800 7.440
2013-06-19 0.740 3.138
2013-03-18 0.300 1.437

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Berkeley Group Holdings is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • Berkeley Group Holdings is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Berkeley Group Holdings's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Berkeley Group Holdings's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
X
Income/ dividend checks
We assess Berkeley Group Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Berkeley Group Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Berkeley Group Holdings has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

42BA Management

 What is the CEO of Berkeley Group Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rob Perrins
COMPENSATION £7,809,000
AGE 54
TENURE AS CEO 10.2 years
CEO Bio

Mr. Rob C. Perrins, BSC (Hons), FCA, has been Chief Executive of The Berkeley Group Holdings plc since September 9, 2009. Mr. Perrins served as Managing Director of The Berkeley Group Holdings plc since September 09, 2009. He served as the Group Finance Director of The Berkeley Group Holdings plc (formerly Berkeley Group plc) from November 2, 2001 to September 9, 2009. Mr. Perrins has been an Executive Director of Berkeley Group since July 15, 2002. He serves as Director at The Berkeley Group Holdings plc since May 1, 2001. He joined Berkeley Group PLC in 1994. He is qualified as a Chartered Accountant with Ernst & Young in 1991. He is also a Governor of Wellington College and Aston University. In 2010 Rob launched Berkeley Group’s “Our Vision” strategy with its aspiration for Berkeley to be a world-class business. Rob has 24 years’ experience working in the property industry, he regularly contributes to public debates about the direction of housing policy and the property market and is a member of the Bank of England’s Residential Property Forum. Other appointments: Council member, Aston University Governor, Wellington College.

CEO Compensation
  • Rob's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Rob's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Berkeley Group Holdings management team in years:

3.3
Average Tenure
54
Average Age
  • The tenure for the Berkeley Group Holdings management team is about average.
Management Team

Tony Pidgley

TITLE
Co-Founder & Group Executive Chairman
COMPENSATION
£8M
AGE
71
TENURE
43.8 yrs

Rob Perrins

TITLE
CEO & Executive Director
COMPENSATION
£8M
AGE
54
TENURE
10.2 yrs

Richard Stearn

TITLE
Group Finance Director & Executive Director
COMPENSATION
£3M
AGE
50
TENURE
4.6 yrs

Karl Whiteman

TITLE
Executive Director
COMPENSATION
£3M
AGE
54

Sean Ellis

TITLE
Executive Director
COMPENSATION
£5M

Justin Tibaldi

TITLE
Executive Director
COMPENSATION
£2M
TENURE
1.9 yrs

Paul Vallone

TITLE
Executive Director
COMPENSATION
£2M
TENURE
1.9 yrs

A. Dowsett

TITLE
Managing Director of St William.

Jared S. Cranney

TITLE
Company Secretary
TENURE
1.5 yrs

Chris Gilbert

TITLE
Managing Director of Berkeley Homes Southern
Board of Directors Tenure

Average tenure and age of the Berkeley Group Holdings board of directors in years:

9.7
Average Tenure
60
Average Age
  • The tenure for the Berkeley Group Holdings board of directors is about average.
Board of Directors

Tony Pidgley

TITLE
Co-Founder & Group Executive Chairman
COMPENSATION
£8M
AGE
71
TENURE
10.2 yrs

Rob Perrins

TITLE
CEO & Executive Director
COMPENSATION
£8M
AGE
54
TENURE
18.5 yrs

Glyn Barker

TITLE
Deputy Chairman & Senior Independent Director
COMPENSATION
£120K
AGE
66
TENURE
1.6 yrs

Richard Stearn

TITLE
Group Finance Director & Executive Director
COMPENSATION
£3M
AGE
50
TENURE
4.6 yrs

Karl Whiteman

TITLE
Executive Director
COMPENSATION
£3M
AGE
54
TENURE
10.2 yrs

Sean Ellis

TITLE
Executive Director
COMPENSATION
£5M
TENURE
9.2 yrs

Justin Tibaldi

TITLE
Executive Director
COMPENSATION
£2M

Paul Vallone

TITLE
Executive Director
COMPENSATION
£2M

Andy Myers

TITLE
Independent Non-Executive Director
COMPENSATION
£79K
TENURE
5.9 yrs

John Armitt

TITLE
Independent Non-Executive Director
COMPENSATION
£80K
AGE
73
TENURE
12.1 yrs
Who owns this company?
Recent Insider Trading
  • Berkeley Group Holdings individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
16. Oct 19 Sell John Armitt Individual 15. Oct 19 15. Oct 19 -2,000 €50.75 €-101,498
30. Sep 19 Sell Justin Tibaldi Individual 30. Sep 19 30. Sep 19 -7,501 €47.39 €-354,598
30. Sep 19 Sell Richard Stearn Individual 30. Sep 19 30. Sep 19 -3,553 €47.39 €-168,379
30. Sep 19 Sell Karl Whiteman Individual 30. Sep 19 30. Sep 19 -3,574 €47.39 €-169,375
30. Sep 19 Sell S. Ellis Individual 30. Sep 19 30. Sep 19 -5,785 €47.39 €-274,156
16. Sep 19 Sell Glyn Barker Individual 13. Sep 19 13. Sep 19 -4,080 €45.88 €-187,198
09. Sep 19 Sell Rob Perrins Individual 09. Sep 19 09. Sep 19 -300,000 €44.37 €-13,310,159
09. Sep 19 Sell Veronica Wadley Individual 06. Sep 19 06. Sep 19 -1,500 €44.02 €-66,034
26. Jul 19 Sell S. Ellis Individual 26. Jul 19 26. Jul 19 -31,295 €43.41 €-1,358,484
12. Jul 19 Sell Karl Whiteman Individual 12. Jul 19 12. Jul 19 -31,500 €42.59 €-1,341,690
25. Mar 19 Sell Paul Vallone Individual 21. Mar 19 21. Mar 19 -5,138 €43.58 €-223,932
X
Management checks
We assess Berkeley Group Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Berkeley Group Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

42BA News

Simply Wall St News

42BA Company Info

Description

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. It operates under the Berkeley, St Edward, St George, St James, St Joseph, St William, Berkeley First, Berkeley Commercial, Berkeley Partnership, and Berkeley Modular brands. The company was founded in 1976 and is headquartered in Cobham, the United Kingdom.

Details
Name: The Berkeley Group Holdings plc
42BA
Exchange: DB
Founded: 1976
£6,715,770,847
125,460,196
Website: http://www.berkeleygroup.co.uk
Address: The Berkeley Group Holdings plc
Berkeley House,
19 Portsmouth Road,
Cobham,
Surrey, KT11 1JG,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE BKG New Ordinary Shares London Stock Exchange GB GBP 02. Jan 1992
DB 42BA New Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
BMV BKG N New Ordinary Shares Bolsa Mexicana de Valores MX MXN 02. Jan 1992
BATS-CHIXE BKGL New Ordinary Shares BATS 'Chi-X Europe' GB GBP 02. Jan 1992
OTCPK BKGF.Y UNSPONSORD ADR Pink Sheets LLC US USD 13. Oct 2008
OTCPK BKGF.F Units Pink Sheets LLC US USD 19. Apr 2005
Number of employees
Current staff
Staff numbers
2,664
Berkeley Group Holdings employees.
Industry
Homebuilding
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 21:09
End of day share price update: 2019/11/14 00:00
Last estimates confirmation: 2019/11/14
Last earnings filing: 2019/08/05
Last earnings reported: 2019/04/30
Last annual earnings reported: 2019/04/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.