Latest news with #CairnHomes'
Yahoo
28-05-2025
- Business
- Yahoo
Cairn Homes' (LON:CRN) 22% CAGR outpaced the company's earnings growth over the same five-year period
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on a lighter note, a good company can see its share price rise well over 100%. For instance, the price of Cairn Homes plc (LON:CRN) stock is up an impressive 126% over the last five years. It's also up 17% in about a month. The past week has proven to be lucrative for Cairn Homes investors, so let's see if fundamentals drove the company's five-year performance. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Over half a decade, Cairn Homes managed to grow its earnings per share at 23% a year. This EPS growth is higher than the 18% average annual increase in the share price. So it seems the market isn't so enthusiastic about the stock these days. You can see below how EPS has changed over time (discover the exact values by clicking on the image). It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. Dive deeper into the earnings by checking this interactive graph of Cairn Homes' earnings, revenue and cash flow. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Cairn Homes, it has a TSR of 175% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. We're pleased to report that Cairn Homes shareholders have received a total shareholder return of 35% over one year. Of course, that includes the dividend. That's better than the annualised return of 22% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For instance, we've identified 2 warning signs for Cairn Homes that you should be aware of. There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Irish Examiner
08-05-2025
- Business
- Irish Examiner
Level of office building over house building 'not sustainable', says developer
The high level of office building versus the low level of residential building in cities such as Dublin and Cork is 'simply not sustainable', the chief executive of Cairn Homes has said, adding that apartment construction will need to increase significantly if housing targets are to be reached. Michael Stanley was speaking following Cairn Homes' annual general meeting (AGM) in Dublin on Thursday. He said Dublin is 'quite a unique city, and Cork is not dissimilar' in that the amount of land available to increase the number of people living in our city is 'pretty low' and a very large proportion of that land that was available now has offices built on it. 'We have been incredibly successful as a city in building new office blocks, to some extent, hotels also,' he said. 'If you look at the ratio of office build to apartment build in central Dublin it's roughly a ratio of 6 sqm or 7 sqm of office for every sqm of residential and that's just simply not sustainable. We can't have a city, a vibrant city, with all of the positive things that goes with any city that people live in, if you have that imbalance in what's built. On whether the housing development sector will reach the Government's stated goal of 300,000 new homes by 2030 - 50,000 a year - Mr Stanley said in order to hit those targets, 25,000 new units would have to be apartments. 'I've no doubt that Ireland will build 25,000 low density homes a year, every year, and there will be demand for those,' he said. "Apartment building in Ireland is not straightforward,' he said, adding that regulations on building apartments are high. Home completions last year stood at 30,330 - far below what the Government expected - largely due to a fall-off in apartment completions. The number of apartments completed in 2024 was 8,763, down 24.1% from 2023. At the company's AGM, the property developer welcomed a 'very positive" trading environment, with 2025 so far seeing continued scaling in the homebuilder's operating platform and increased investment in the number of active sites across Ireland. Reiterating its guidance for this year, Cairn Homes said its closed and forward sales pipeline now stands at around 3,250 new homes with a net sales value of approximately €1.25bn. That is up from 2,953 closed and forward sales at the end of February, which totalled a net sales value of €989m. Mr Stanley said their target is to grow their housing output by between 10% and 15% this year. 'We like our chances of hitting our growth targets and continue to deliver more,' he said. Cairn Homes said it expects build cost inflation to be running at 2% and while it was mindful of the potential impact of changes in global trade policies, it is not witnessing any adverse effect on its business at present. The company said it is seeing a stable environment for labour costs and they are not expecting to see significant growth in their average selling price this year. Cairn Homes is forecasting revenue growth in excess of 10% for 2025, with operating profit expected to be around €160m. Housing commencements so far this year are trending far lower than during 2024 with just under 3,000 notices issued between January and March. The number of commencements in 2024 were boosted by developers rushing to begin developments to take advantage of a series of levy waivers and rebates. Read More Thousands of new homes planned for Cork, but planning and infrastructure still holding projects back
Yahoo
03-03-2025
- Business
- Yahoo
Undiscovered Gems in the United Kingdom for March 2025
As the United Kingdom's FTSE 100 index grapples with the ripple effects of weak trade data from China, investor sentiment remains cautious amid global economic uncertainties. In this environment, identifying promising small-cap stocks that can navigate these challenges becomes crucial, as they often possess unique growth potential and resilience in fluctuating markets. Name Debt To Equity Revenue Growth Earnings Growth Health Rating B.P. Marsh & Partners NA 29.42% 31.34% ★★★★★★ Livermore Investments Group NA 9.92% 13.65% ★★★★★★ Andrews Sykes Group NA 2.15% 4.93% ★★★★★★ London Security 0.22% 10.13% 7.75% ★★★★★★ M&G Credit Income Investment Trust NA 17.28% 15.80% ★★★★★★ Rights and Issues Investment Trust NA -7.93% -8.41% ★★★★★★ VH Global Energy Infrastructure NA 18.30% 20.03% ★★★★★★ Goodwin 37.02% 9.75% 15.68% ★★★★★☆ BBGI Global Infrastructure 0.02% 3.08% 6.85% ★★★★★☆ AltynGold 77.07% 28.64% 38.10% ★★★★☆☆ Click here to see the full list of 64 stocks from our UK Undiscovered Gems With Strong Fundamentals screener. Let's review some notable picks from our screened stocks. Simply Wall St Value Rating: ★★★★★☆ Overview: Cairn Homes plc is a holding company that operates as a home and community builder in Ireland, with a market capitalization of £1.10 billion. Operations: Cairn Homes generates revenue primarily from building and property development, amounting to €813.40 million. The company's financial performance can be analyzed through its revenue streams and cost structures, with a focus on understanding the dynamics that influence its profitability. Cairn Homes, a nimble player in the UK market, has shown impressive earnings growth of 49.5% over the past year, outpacing the Consumer Durables industry. The company is trading at 12.7% below its estimated fair value and boasts high-quality earnings with a satisfactory net debt to equity ratio of 20.7%. Its interest payments are well covered by EBIT at 9.5 times coverage, indicating robust financial health. Recently, Cairn completed a share buyback program worth €44.92 million for 22,574,301 shares or 3.51%, signaling confidence in its valuation and future prospects. Click to explore a detailed breakdown of our findings in Cairn Homes' health report. Examine Cairn Homes' past performance report to understand how it has performed in the past. Simply Wall St Value Rating: ★★★★☆☆ Overview: Seplat Energy Plc is involved in oil and gas exploration, production, and gas processing across Nigeria, the Bahamas, Italy, Switzerland, Barbados, and England with a market capitalization of £1.12 billion. Operations: Seplat Energy generates revenue primarily from oil and gas, with oil contributing $846.68 million and gas $119.56 million. Seplat Energy, a notable player in the energy sector, has shown impressive earnings growth of 199.5% over the past year, outpacing the broader oil and gas industry significantly. The company's debt to equity ratio increased from 20.2% to 40.3% over five years but remains manageable with a net debt to equity ratio at a satisfactory 15.5%. Seplat's interest payments are well covered by EBIT at 6.7 times coverage, indicating solid financial health. With positive free cash flow and trading slightly below its estimated fair value, Seplat is positioned for continued growth with forecasted earnings expansion of 18.5% annually. Click here and access our complete health analysis report to understand the dynamics of Seplat Energy. Evaluate Seplat Energy's historical performance by accessing our past performance report. Simply Wall St Value Rating: ★★★★☆☆ Overview: Telecom Plus Plc provides utility services in the United Kingdom and has a market capitalization of approximately £1.34 billion. Operations: Telecom Plus generates revenue primarily from its non-regulated utility segment, amounting to £1.85 billion. Telecom Plus, a compact player in the UK market, showcases strong financial health with earnings growth of 11.2% over the past year. This outpaces the Integrated Utilities industry's 8.4% growth rate, indicating robust performance. With a net debt to equity ratio at 48.7%, it leans on the higher side but remains manageable given its high-quality earnings and well-covered interest payments (12.1x EBIT coverage). Trading at 26.8% below estimated fair value suggests potential upside for investors seeking undervalued opportunities within this sector, while forecasted annual earnings growth of nearly 12% adds a promising outlook for future expansion. Navigate through the intricacies of Telecom Plus with our comprehensive health report here. Explore historical data to track Telecom Plus' performance over time in our Past section. Gain an insight into the universe of 64 UK Undiscovered Gems With Strong Fundamentals by clicking here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include LSE:CRN LSE:SEPL and LSE:TEP. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
