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MJ Gleeson

BATS-CHIXE:GLEl
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GLEl
BATS-CHIXE
£352M
Market Cap
  1. Home
  2. GB
  3. Consumer Durables
Company description

MJ Gleeson plc engages in urban housing regeneration and strategic land trading activities in the United Kingdom. The last earnings update was 55 days ago. More info.


Add to Portfolio Compare Print
  • MJ Gleeson has significant price volatility in the past 3 months.
GLEl Share Price and Events
7 Day Returns
-10.4%
BATS-CHIXE:GLEl
8.2%
GB Consumer Durables
1.7%
GB Market
1 Year Returns
-22.3%
BATS-CHIXE:GLEl
-21%
GB Consumer Durables
-21.8%
GB Market
GLEl Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MJ Gleeson (GLEl) -10.4% -26% -33.7% -22.3% -4.7% -
GB Consumer Durables 8.2% -31.3% -34.8% -21% -18.4% -2%
GB Market 1.7% -12% -25.3% -21.8% -22.8% -22.4%
1 Year Return vs Industry and Market
  • GLEl underperformed the Consumer Durables industry which returned -21% over the past year.
  • GLEl matched the United Kingdom of Great Britain and Northern Ireland Market (-21.8%) over the past year.
Price Volatility
GLEl
Industry
5yr Volatility vs Market

Value

 Is MJ Gleeson 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 MJ Gleeson 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 MJ Gleeson.

BATS-CHIXE:GLEl Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in GBP £ 0.30926083333333
Payout Ratio Company Filings (2019-12-31) 4696.2%
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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 BATS-CHIXE:GLEl
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.918 (1 + (1- 19%) (0.98%))
1.277
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.28
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.277 * 6.07%)
8.28%

Discounted Cash Flow Calculation for BATS-CHIXE:GLEl using Dividend Discount Model Model

The calculations below outline how an intrinsic value for MJ Gleeson 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.

BATS-CHIXE:GLEl Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= £0.31 / (8.28% - 0.53%)
£3.9
BATS-CHIXE:GLEl Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:GLEl represents 0.98899x of LSE:GLE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98899x
Value per Share
(Listing Adjusted, GBP)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 3.99 x 0.98899
£3.94
Value per share (GBP) From above. £3.94
Current discount Discount to share price of £6.29
= -1 x (£6.29 - £3.94) / £3.94
-59.5%

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

  • The current share price of MJ Gleeson 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 MJ Gleeson's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MJ Gleeson's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:GLEl PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in GBP £0.48
LSE:GLE Share Price ** LSE (2020-04-07) in GBP £6.36
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry PE Ratio Median Figure of 25 Publicly-Listed Consumer Durables Companies 7.84x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 13x

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

** Primary Listing of MJ Gleeson.

BATS-CHIXE:GLEl PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 6.36 ÷ 0.48

13.27x

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

  • MJ Gleeson is overvalued based on earnings compared to the GB Consumer Durables industry average.
  • MJ Gleeson is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does MJ Gleeson's expected growth come at a high price?
Raw Data
BATS-CHIXE:GLEl PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
16.4%per year
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry PEG Ratio Median Figure of 18 Publicly-Listed Consumer Durables Companies 0.99x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 1.02x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:GLEl PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.27x ÷ 16.4%

0.81x

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

  • MJ Gleeson is good value based on expected growth next year.
Price based on value of assets
What value do investors place on MJ Gleeson's assets?
Raw Data
BATS-CHIXE:GLEl PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in GBP £3.70
LSE:GLE Share Price * LSE (2020-04-07) in GBP £6.36
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry PB Ratio Median Figure of 27 Publicly-Listed Consumer Durables Companies 0.99x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.13x
BATS-CHIXE:GLEl PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 6.36 ÷ 3.70

1.72x

* Primary Listing of MJ Gleeson.

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

  • MJ Gleeson is overvalued based on assets compared to the GB Consumer Durables industry average.
X
Value checks
We assess MJ Gleeson'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. MJ Gleeson has a total score of 1/6, 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 MJ Gleeson expected to perform in the next 1 to 3 years based on estimates from 4 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
16.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MJ Gleeson expected to grow at an attractive rate?
  • MJ Gleeson's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • MJ Gleeson's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • MJ Gleeson's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:GLEl Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:GLEl Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 16.4%
BATS-CHIXE:GLEl Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 10.2%
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 3%
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.6%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*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
BATS-CHIXE:GLEl Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:GLEl Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 309 47 1
2022-06-30 296 14 40 4
2021-06-30 263 26 33 4
2020-06-30 230 37 29 3
2020-04-08
BATS-CHIXE:GLEl Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-12-31 237 23 26
2019-09-30 243 16 30
2019-06-30 250 9 34
2019-03-31 244 14 35
2018-12-31 238 19 37
2018-09-30 217 20 34
2018-06-30 197 22 30
2018-03-31 186 18 30
2017-12-31 175 13 29
2017-09-30 168 16 28
2017-06-30 160 20 27
2017-03-31 150 22 25

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MJ Gleeson's earnings are expected to grow by 16.4% yearly, however this is not considered high growth (20% yearly).
  • MJ Gleeson's revenue is expected to grow by 10.2% 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
BATS-CHIXE:GLEl Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from MJ Gleeson Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:GLEl Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30
2022-06-30 0.72 0.83 0.62 2.00
2021-06-30 0.61 0.75 0.46 2.00
2020-06-30 0.53 0.66 0.41 2.00
2020-04-08
BATS-CHIXE:GLEl Past Financials Data
Date (Data in GBP Millions) EPS *
2019-12-31 0.48
2019-09-30 0.55
2019-06-30 0.62
2019-03-31 0.65
2018-12-31 0.69
2018-09-30 0.62
2018-06-30 0.56
2018-03-31 0.54
2017-12-31 0.53
2017-09-30 0.51
2017-06-30 0.49
2017-03-31 0.46

*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.
  • MJ Gleeson is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess MJ Gleeson'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
MJ Gleeson has a total score of 3/6, 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 MJ Gleeson 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 MJ Gleeson'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.
  • MJ Gleeson's year on year earnings growth rate has been positive over the past 5 years.
  • MJ Gleeson's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • MJ Gleeson's 1-year earnings growth is negative, it can't be compared to the GB Consumer Durables industry average.
Earnings and Revenue History
MJ Gleeson'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 MJ Gleeson Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:GLEl Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 236.59 26.19 35.80
2019-09-30 243.25 29.88 34.62
2019-06-30 249.90 33.56 33.44
2019-03-31 243.80 35.49 32.08
2018-12-31 237.69 37.42 30.72
2018-09-30 217.22 33.96 29.32
2018-06-30 196.74 30.49 27.93
2018-03-31 185.76 29.55 26.97
2017-12-31 174.78 28.61 26.01
2017-09-30 167.58 27.57 24.69
2017-06-30 160.38 26.52 23.37
2017-03-31 150.33 25.02 21.95
2016-12-31 140.28 23.52 20.53
2016-09-30 141.17 23.41 19.93
2016-06-30 142.07 23.30 19.33
2016-03-31 140.91 20.72 18.55
2015-12-31 139.75 18.14 17.77
2015-09-30 128.67 15.28 17.05
2015-06-30 117.59 12.42 16.32
2015-03-31 103.61 14.85 15.79
2014-12-31 89.62 17.28 15.25
2014-09-30 85.53 17.47 14.65
2014-06-30 81.44 17.66 14.04
2014-03-31 75.22 15.08 13.35
2013-12-31 69.01 12.49 12.66
2013-09-30 64.83 11.30 12.15
2013-06-30 60.66 10.10 11.64

*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.
  • MJ Gleeson has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • MJ Gleeson used its assets more efficiently than the GB Consumer Durables industry average last year based on Return on Assets.
  • MJ Gleeson's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess MJ Gleeson'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.
MJ Gleeson has a total score of 2/6, 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 MJ Gleeson'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 MJ Gleeson's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MJ Gleeson is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MJ Gleeson's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MJ Gleeson'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 5.4797098106068E+17x 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 MJ Gleeson Company Filings, last reported 3 months ago.

BATS-CHIXE:GLEl Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 202.29 0.00 30.60
2019-09-30 202.29 0.00 30.60
2019-06-30 203.90 0.00 30.31
2019-03-31 203.90 0.00 30.31
2018-12-31 194.27 0.00 27.83
2018-09-30 194.27 0.00 27.83
2018-06-30 188.10 0.00 41.31
2018-03-31 188.10 0.00 41.31
2017-12-31 173.73 0.00 26.68
2017-09-30 173.73 0.00 26.68
2017-06-30 171.37 0.00 34.05
2017-03-31 171.37 0.00 34.05
2016-12-31 156.73 0.00 26.41
2016-09-30 156.73 0.00 26.41
2016-06-30 152.91 0.00 23.24
2016-03-31 152.91 0.00 23.24
2015-12-31 141.60 0.00 9.64
2015-09-30 141.60 0.00 9.64
2015-06-30 136.53 0.00 15.81
2015-03-31 136.53 0.00 15.81
2014-12-31 128.87 0.69 8.37
2014-09-30 128.87 0.69 8.37
2014-06-30 128.09 1.93 13.69
2014-03-31 128.09 1.93 13.69
2013-12-31 114.71 2.23 7.65
2013-09-30 114.71 2.23 7.65
2013-06-30 112.09 2.19 9.94
  • MJ Gleeson's level of debt (0%) 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 (0.5% vs 0% today).
  • Debt is well covered by operating cash flow (5.1041546376804E+18%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 417.4x coverage).
X
Financial health checks
We assess MJ Gleeson'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. MJ Gleeson 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 MJ Gleeson'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%
Current annual income from MJ Gleeson dividends. Estimated to be 4.86% next year.
If you bought £2,000 of MJ Gleeson shares you are expected to receive £0 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?
  • Unable to evaluate MJ Gleeson's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MJ Gleeson's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
BATS-CHIXE:GLEl 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 4 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 7.9%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.5%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 6.9%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:GLEl Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-06-30 0.43 1.00
2022-06-30 0.34 4.00
2021-06-30 0.30 4.00
2020-06-30 0.24 3.00
2020-04-08
BATS-CHIXE:GLEl Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2020-03-25 0.000 0.000
2019-12-05 0.345 3.975
2018-12-07 0.320 4.077
2017-11-06 0.240 3.281
2017-09-25 0.240 3.503
2016-11-04 0.145 2.390
2016-09-26 0.145 2.600
2015-10-28 0.100 1.841
2015-09-28 0.100 2.070
2014-11-04 0.060 1.518
2014-09-29 0.060 1.681
2013-09-30 0.025 0.681
2013-09-27 0.025 0.749
2013-02-28 0.010 0.378
2011-09-26 0.050 3.995
2011-09-23 0.050 4.902
2009-09-24 0.000 0.000
2009-09-01 0.000 0.000

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

  • Unable to perform a dividend volatility check as MJ Gleeson has not reported any payouts.
  • Unable to verify if MJ Gleeson's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MJ Gleeson's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MJ Gleeson has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2x coverage).
X
Income/ dividend checks
We assess MJ Gleeson's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 MJ Gleeson afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MJ Gleeson 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.

Management

 What is the CEO of MJ Gleeson'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
Oxon Thomson
COMPENSATION £483,004
TENURE AS CEO 0.8 years
CEO Bio

Mr. James Thomson, also known as Oxon, has been Chief Executive Officer at MJ Gleeson plc since December 2, 2019 and serves as its Director since June 10, 2019 and served as its Interim Chief Executive Officer since June 10, 2019 until December 2, 2019. Mr. Thomson serves as Chief Executive Officer and Member of Executive Board at Keepmoat Limited. Mr. Thomson served as the Chief Financial Officer of Keepmoat Limited since May 2012 and served as its Deputy Chief Executive Officer since November 2014 until January 2019. Mr. Thomson served as Office Agency and Edinburgh Business Unit Manager, and Head of Scotland Business at DTZ Holdings PLC (now, Cushman & Wakefield, Inc.). He served as Deputy Chief Financial Officer of DTZ Holdings plc. He served as the Chief Information Officer of Global Retail and Commercial Banking from January 2006 to February 2009. Before joining Barclays, he served as the Chief Executive Officer of NT Medical Systems Inc., a North American medical technology systems company, and prior to this role had worked at IBM for 14 years and KeyCorp for five years. Mr. Thomson has been a Director of Keepmoat Limited since March 9, 2012. He serves as the Statutory Director and Member of Executive Board of Lakeside 1 Limited. He trained as a chartered accountant with PricewaterhouseCoopers and worked in investment banking with HSBC and Deutsche Bank.

CEO Compensation
  • Insufficient data for Oxon to compare compensation growth.
  • Oxon's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the MJ Gleeson management team in years:

4.8
Average Tenure
  • The tenure for the MJ Gleeson management team is about average.
Management Team

Oxon Thomson

TITLE
CEO & Director
COMPENSATION
£483K
TENURE
0.8 yrs

Stefan Allanson

TITLE
CFO & Executive Director
COMPENSATION
£992K
TENURE
4.8 yrs

Beth Broughton

TITLE
Director of Human Resources
TENURE
4.8 yrs

Scott Chamberlin

TITLE
Managing Director of Gleeson Strategic Land
AGE
52
TENURE
15.3 yrs

Leanne Johnson

TITLE
Company Secretary
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the MJ Gleeson board of directors in years:

2.8
Average Tenure
66.5
Average Age
  • The average tenure for the MJ Gleeson board of directors is less than 3 years, this suggests a new board.
Board of Directors

Dermot Gleeson

TITLE
Non-Executive Chairman
COMPENSATION
£126K
AGE
70
TENURE
26.3 yrs

Oxon Thomson

TITLE
CEO & Director
COMPENSATION
£483K
TENURE
0.8 yrs

Stefan Allanson

TITLE
CFO & Executive Director
COMPENSATION
£992K
TENURE
4.8 yrs

Andrew Coppel

TITLE
Non Executive Director
AGE
68
TENURE
0.5 yrs

Fiona Goldsmith

TITLE
Non Executive Director
AGE
53
TENURE
0.5 yrs

Chris Mills

TITLE
Non-Executive Director
COMPENSATION
£47K
AGE
65
TENURE
11.3 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 (£)
09. Oct 19 Buy James Thomson Individual 04. Oct 19 08. Oct 19 4,000 £8.00 £31,855
24. Sep 19 Sell Harwood Capital LLP Company 20. Sep 19 20. Sep 19 -50,000 £7.92 £-396,000
X
Management checks
We assess MJ Gleeson'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. MJ Gleeson 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

MJ Gleeson plc engages in urban housing regeneration and strategic land trading activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Strategic Land. It engages in house building activities on brownfield land in the north of England; and strategic land trading primarily in the south of England. The company was founded in 1903 and is headquartered in Sheffield, the United Kingdom.

Details
Name: MJ Gleeson plc
GLEl
Exchange: BATS-CHIXE
Founded: 1903
£351,850,686
55,322,435
Website: http://www.mjgleesonplc.com
Address: MJ Gleeson plc
6 Europa Court,
Sheffield Business Park,
Sheffield,
South Yorkshire, S9 1XE,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE GLE Ordinary Shares London Stock Exchange GB GBP 02. Jan 1992
BATS-CHIXE GLEl Ordinary Shares BATS 'Chi-X Europe' GB GBP 02. Jan 1992
Number of employees
Current staff
Staff numbers
552
MJ Gleeson employees.
Industry
Homebuilding
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 19:57
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/08
Last earnings filing: 2020/02/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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.