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Taylor Wimpey

DB:TWW
Snowflake Description

Flawless balance sheet with solid track record and pays a dividend.

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

Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. The last earnings update was 106 days ago. More info.


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TWW Share Price and Events
7 Day Returns
-0.1%
DB:TWW
-1.1%
DE Consumer Durables
0.1%
DE Market
1 Year Returns
9.7%
DB:TWW
2.9%
DE Consumer Durables
8.8%
DE Market
TWW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Taylor Wimpey (TWW) -0.1% 0.6% 22.8% 9.7% 12.5% 23.4%
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
  • TWW outperformed the Consumer Durables industry which returned 2.9% over the past year.
  • TWW matched the Germany Market (8.8%) over the past year.
Price Volatility
TWW
Industry
5yr Volatility vs Market

Value

 Is Taylor Wimpey 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 Taylor Wimpey 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 Taylor Wimpey.

DB:TWW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in GBP £ 0.18486976744186
Payout Ratio Company Filings (2019-06-30) 2429.2%
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:TWW
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%) (2.08%))
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:TWW using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Taylor Wimpey 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:TWW Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= £0.18 / (7.14% - 0.23%)
£3.46
DB:TWW Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:TWW represents 1.13814x of LSE:TW.
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.13814x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 2.67 x 1.13814
€3.04
Value per share (EUR) From above. €3.04
Current discount Discount to share price of €1.93
= -1 x (€1.93 - €3.04) / €3.04
36.7%

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

Current Discount
Amount off the current price Taylor Wimpey is available for.
Intrinsic value
37%
Share price is €1.93 vs Future cash flow value of €3.04
Current Discount Checks
For Taylor Wimpey to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Taylor Wimpey's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Taylor Wimpey's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Taylor Wimpey's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Taylor Wimpey's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:TWW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in GBP £0.20
LSE:TW. Share Price ** LSE (2019-11-14) in GBP £1.69
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 Taylor Wimpey.

DB:TWW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 1.69 ÷ 0.20

8.46x

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

  • Taylor Wimpey is good value based on earnings compared to the DE Consumer Durables industry average.
  • Taylor Wimpey is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Taylor Wimpey's expected growth come at a high price?
Raw Data
DB:TWW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
4.1%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:TWW PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.46x ÷ 4.1%

2.08x

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

  • Taylor Wimpey is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Taylor Wimpey's assets?
Raw Data
DB:TWW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in GBP £0.92
LSE:TW. Share Price * LSE (2019-11-14) in GBP £1.69
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:TWW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.69 ÷ 0.92

1.84x

* Primary Listing of Taylor Wimpey.

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

  • Taylor Wimpey is overvalued based on assets compared to the DE Consumer Durables industry average.
X
Value checks
We assess Taylor Wimpey'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. Taylor Wimpey has a total score of 3/6, 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.

Future Performance

 How is Taylor Wimpey 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
4.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Taylor Wimpey expected to grow at an attractive rate?
  • Taylor Wimpey's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Taylor Wimpey's earnings growth is positive but not above the Germany market average.
  • Taylor Wimpey's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:TWW Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:TWW Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts 4.1%
DB:TWW Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts 2.4%
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:TWW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:TWW Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 4,602 724 1
2022-12-31 4,514 744 1
2021-12-31 4,493 715 719 11
2020-12-31 4,369 735 694 14
2019-12-31 4,262 700 663 14
2019-11-14
DB:TWW Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-06-30 4,095 421 654
2019-03-31 4,088 531 655
2018-12-31 4,082 641 657
2018-09-30 4,020 611 645
2018-07-01 3,958 580 634
2018-04-01 3,961 592 595
2017-12-31 3,965 604 555
2017-09-30 3,956 665 548
2017-07-02 3,947 725 540
2017-04-02 3,811 631 565
2016-12-31 3,676 538 589
2016-09-30 3,469 441 552
2016-07-03 3,262 345 516

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Taylor Wimpey's earnings are expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).
  • Taylor Wimpey's revenue is expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).
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:TWW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from Taylor Wimpey Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TWW Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.22 0.23 0.20 5.00
2020-12-31 0.21 0.22 0.18 6.00
2019-12-31 0.20 0.21 0.20 6.00
2019-11-14
DB:TWW Past Financials Data
Date (Data in GBP Millions) EPS *
2019-06-30 0.20
2019-03-31 0.20
2018-12-31 0.20
2018-09-30 0.20
2018-07-01 0.19
2018-04-01 0.18
2017-12-31 0.17
2017-09-30 0.17
2017-07-02 0.17
2017-04-02 0.17
2016-12-31 0.18
2016-09-30 0.17
2016-07-03 0.16

*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.
  • Taylor Wimpey is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Taylor Wimpey'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.
Taylor Wimpey has a total score of 2/6, 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.

Past Performance

  How has Taylor Wimpey 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 Taylor Wimpey'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.
  • Taylor Wimpey's year on year earnings growth rate has been positive over the past 5 years.
  • Taylor Wimpey's 1-year earnings growth is less than its 5-year average (3.2% vs 13.2%)
  • Taylor Wimpey's earnings growth has exceeded the DE Consumer Durables industry average in the past year (3.2% vs -21.1%).
Earnings and Revenue History
Taylor Wimpey'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 Taylor Wimpey Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TWW Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 4,094.90 654.10 215.40
2019-03-31 4,088.45 655.35 214.70
2018-12-31 4,082.00 656.60 214.00
2018-09-30 4,019.75 645.35 212.65
2018-07-01 3,957.50 634.10 211.30
2018-04-01 3,961.35 594.70 209.55
2017-12-31 3,965.20 555.30 207.80
2017-09-30 3,955.85 547.60 204.40
2017-07-02 3,946.50 539.90 201.00
2017-04-02 3,811.35 564.60 198.15
2016-12-31 3,676.20 589.30 195.30
2016-09-30 3,468.95 552.40 194.50
2016-07-03 3,261.70 515.50 193.70
2016-04-03 3,200.75 502.80 185.90
2015-12-31 3,139.80 490.10 178.10
2015-09-30 2,985.55 449.60 175.70
2015-06-28 2,831.30 409.10 173.30
2015-03-28 2,758.70 391.75 169.70
2014-12-31 2,686.10 374.40 166.10
2014-09-30 2,582.30 328.00 164.90
2014-06-29 2,478.50 281.60 163.70
2014-03-29 2,387.00 260.85 162.55
2013-12-31 2,295.50 240.10 161.40
2013-09-30 2,207.70 226.50 157.30
2013-06-30 2,119.90 212.90 153.20
2013-03-31 2,069.45 220.75 152.35
2012-12-31 2,019.00 228.60 151.50

*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.
  • Taylor Wimpey has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Taylor Wimpey used its assets more efficiently than the DE Consumer Durables industry average last year based on Return on Assets.
  • Taylor Wimpey has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Taylor Wimpey'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.
Taylor Wimpey has a total score of 5/6, 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.

Health

 How is Taylor Wimpey'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 Taylor Wimpey's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Taylor Wimpey is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Taylor Wimpey's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Taylor Wimpey'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 56.9x 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 Taylor Wimpey Company Filings, last reported 4 months ago.

DB:TWW Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 3,007.60 89.30 481.30
2019-03-31 3,007.60 89.30 481.30
2018-12-31 3,226.80 90.10 734.20
2018-09-30 3,226.80 90.10 734.20
2018-07-01 2,950.60 88.50 613.60
2018-04-01 2,950.60 88.50 613.60
2017-12-31 3,137.30 88.70 600.50
2017-09-30 3,137.30 88.70 600.50
2017-07-02 2,778.90 87.80 516.80
2017-04-02 2,778.90 87.80 516.80
2016-12-31 2,900.30 85.50 450.20
2016-09-30 2,900.30 85.50 450.20
2016-07-03 2,592.20 184.00 300.70
2016-04-03 2,592.20 184.00 300.70
2015-12-31 2,723.30 100.00 323.30
2015-09-30 2,723.30 100.00 323.30
2015-06-28 2,417.00 125.00 212.60
2015-03-28 2,417.00 125.00 212.60
2014-12-31 2,535.30 100.00 212.80
2014-09-30 2,535.30 100.00 212.80
2014-06-29 2,350.70 100.00 63.80
2014-03-29 2,350.70 100.00 63.80
2013-12-31 2,251.80 100.00 105.40
2013-09-30 2,251.80 100.00 105.40
2013-06-30 2,172.50 249.40 181.00
2013-03-31 2,172.50 249.40 181.00
2012-12-31 1,989.50 249.40 190.40
  • Taylor Wimpey's level of debt (3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (4.2% vs 3% today).
  • Debt is well covered by operating cash flow (471.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 493.2x coverage).
X
Financial health checks
We assess Taylor Wimpey'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. Taylor Wimpey has a total score of 6/6, 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.

Dividends

 What is Taylor Wimpey'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
10.85%
Current annual income from Taylor Wimpey dividends. Estimated to be 10.91% next year.
If you bought €2,000 of Taylor Wimpey shares you are expected to receive €217 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?
  • Taylor Wimpey's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.38%).
  • Taylor Wimpey's dividend is above 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:TWW 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:TWW Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.20 1.00
2022-12-31 0.19 1.00
2021-12-31 0.19 12.00
2020-12-31 0.18 15.00
2019-12-31 0.18 14.00
2019-11-14
DB:TWW Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-07-31 0.184 11.739
2019-02-27 0.183 10.650
2018-07-31 0.156 9.856
2018-04-26 0.151 8.174
2017-03-17 0.120 6.237
2017-02-28 0.120 6.372
2016-04-28 0.109 6.843
2016-03-18 0.094 5.092
2016-03-01 0.094 5.179
2015-07-29 0.018 0.945
2015-03-20 0.016 0.883
2015-03-03 0.016 1.043
2014-03-18 0.007 0.584
2014-02-26 0.007 0.577
2013-07-31 0.007 0.594
2013-03-01 0.009 0.911
2012-08-01 0.004 0.625
2012-03-16 0.004 0.813
2012-02-29 0.004 0.767
2009-08-05 0.000 0.000
2009-04-30 0.000 0.000

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

  • Taylor Wimpey has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Taylor Wimpey only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Taylor Wimpey's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.1x coverage).
X
Income/ dividend checks
We assess Taylor Wimpey'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 Taylor Wimpey afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Taylor Wimpey has a total score of 4/6, see the detailed checks below.


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

Management

 What is the CEO of Taylor Wimpey'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
Pete Redfern
COMPENSATION £3,152,000
AGE 47
TENURE AS CEO 12.3 years
CEO Bio

Mr. Peter Redfern, also known as Pete, has been the Group Chief Executive of Taylor Wimpey plc since July 2007. Mr. Redfern served as the Chief Executive Officer of George Wimpey PLC since July 01, 2006. Mr. Redfern served as Managing Director of George Wimpey U.K., a division of George Wimpey PLC until October 2004 and served as its Chief Executive from October 2004 to October 2004. He served as Deputy Chief Executive of George Wimpey PLC since February 21, 2006. He joined George Wimpey as Finance Director of George Wimpey UK in January 2001. He served as Finance Director of Rugby Cement. He serves as Chairman of the CBI's Homebuilders Group. He has been a Non-Executive Director of Travis Perkins plc since November 1, 2014. He has been a Director at Taylor Wimpey plc since July 2007 and Home Builders Federation since June 2012. He served as Director of George Wimpey PLC since October 12, 2004. Mr. Redfern is a Trustee of homeless charity Crisis and Chairman of the Youth Adventure Trust. He is a Chartered Surveyor, as well as a Chartered Accountant.

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

Average tenure of the Taylor Wimpey management team in years:

4.3
Average Tenure
  • The tenure for the Taylor Wimpey management team is about average.
Management Team

Pete Redfern

TITLE
Group Chief Executive & Executive Director
COMPENSATION
£3M
AGE
47
TENURE
12.3 yrs

Chris Carney

TITLE
Group Finance Director & Executive Director
COMPENSATION
£1M
TENURE
1.6 yrs

Jennie Daly

TITLE
Group Operations Director & Executive Director
COMPENSATION
£736K
TENURE
1.8 yrs

Trish Henderson

TITLE
Sales & Marketing Director
TENURE
7.8 yrs

Anne Billson-Ross

TITLE
Group Human Resources Director
AGE
50

Daniel McGowan

TITLE
Divisional Chair of North

Nigel Holland

TITLE
Divisional Chair of Central & South West
TENURE
4.3 yrs

Ingrid Osborne

TITLE
Divisional Chairman of London & South East
Board of Directors Tenure

Average tenure and age of the Taylor Wimpey board of directors in years:

3
Average Tenure
56
Average Age
  • The tenure for the Taylor Wimpey board of directors is about average.
Board of Directors

Kevin Beeston

TITLE
Chairman of the Board
COMPENSATION
£309K
AGE
56
TENURE
9.3 yrs

Pete Redfern

TITLE
Group Chief Executive & Executive Director
COMPENSATION
£3M
AGE
47
TENURE
12.3 yrs

Chris Carney

TITLE
Group Finance Director & Executive Director
COMPENSATION
£1M
TENURE
1.6 yrs

Jennie Daly

TITLE
Group Operations Director & Executive Director
COMPENSATION
£736K
TENURE
1.6 yrs

Humphrey Singer

TITLE
Independent Non-Executive Director
COMPENSATION
£73K
AGE
53
TENURE
3.9 yrs

Gwyn Burr

TITLE
Independent Non Executive Director
COMPENSATION
£55K
AGE
56
TENURE
1.8 yrs

Kate Barker

TITLE
Senior Independent Director
COMPENSATION
£87K
AGE
62
TENURE
1.6 yrs

James Jordan

TITLE
Executive Director
COMPENSATION
£1M
AGE
56
TENURE
8.3 yrs

Angela Knight

TITLE
Independent Non-Executive Director
COMPENSATION
£60K
AGE
69
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
01. Aug 19 Buy Kevin Beeston Individual 31. Jul 19 31. Jul 19 59,164 €1.85 €109,276
X
Management checks
We assess Taylor Wimpey'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. Taylor Wimpey 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.

News

Simply Wall St News

Company Info

Description

Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. The company builds various homes, including one- and two-bedroom apartments to six-bedroom detached houses. Taylor Wimpey plc was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.

Details
Name: Taylor Wimpey plc
TWW
Exchange: DB
Founded: 1880
£6,470,446,828
3,265,967,599
Website: http://www.taylorwimpey.co.uk
Address: Taylor Wimpey plc
Gate House,
Turnpike Road,
High Wycombe,
Buckinghamshire, HP12 3NR,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE TW. Ordinary Shares London Stock Exchange GB GBP 19. Jun 1989
OTCPK TWOD.F Ordinary Shares Pink Sheets LLC US USD 19. Jun 1989
DB TWW Ordinary Shares Deutsche Boerse AG DE EUR 19. Jun 1989
BATS-CHIXE TWL Ordinary Shares BATS 'Chi-X Europe' GB GBP 19. Jun 1989
OTCPK TWOD.Y ADR-ORD SHS Pink Sheets LLC US USD 28. Jul 2008
Number of employees
Current staff
Staff numbers
5,613
Taylor Wimpey employees.
Industry
Homebuilding
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 20:34
End of day share price update: 2019/11/14 00:00
Last estimates confirmation: 2019/11/14
Last earnings filing: 2019/07/31
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.