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Barratt Developments (BTDPY)
OTHER OTC:BTDPY
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Barratt Developments
(OTC:BTDPY)
64Neutral
Barratt Developments (BTDPY) vs. S&P 500 (SPY)
Market Cap
$8.00B
Dividend Yield3.15%
Average Volume (3M)13.70K
Price to Earnings (P/E)41.7
Beta (1Y)1.10
Revenue Growth7.83%
EPS Growth-52.13%
CountryUS
Employees6,270
SectorConsumer Cyclical
Sector Strength49
IndustryResidential Construction
Share Statistics
EPS (TTM)0.27
Shares Outstanding724,385,440
10 Day Avg. Volume20,013
30 Day Avg. Volume13,698
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.36
Price to Cash Flow (P/CF)-7.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Barratt Developments Business Overview & Revenue Model
Company DescriptionBarratt Developments PLC is a British construction company that focuses on residential construction. The company has historically been the largest homebuilder in the United Kingdom. Barratt Developments focuses on a wide range of housing types, ranging from single-family residential to urban apartments and flats. Prices for its homes range from under EUR 100,000 to over EUR 1,000,000. The company has significant experience in residential construction around London, where its Barratt London operating segment is a leading developer.
How the Company Makes MoneyBarratt Developments makes money primarily through the sale of residential properties. The company's revenue model is centered on acquiring land, obtaining planning permissions, constructing homes, and selling these properties to individuals and organizations. A significant portion of Barratt's income is generated from private home sales. Additionally, the company engages in joint ventures and partnerships with housing associations and local authorities, contributing to its revenue through the development of social and affordable housing. Key factors influencing Barratt's earnings include housing market conditions, land acquisition strategies, construction efficiency, and government housing policies.
Barratt Developments Financial Statement Overview
Summary
Barratt Developments shows declining revenue and profit margins, signaling operational inefficiencies. Despite this, the balance sheet is strong with low debt, providing financial stability. Cash flow management remains effective, though reduced cash generation suggests liquidity concerns. Overall, the company is fundamentally stable but needs to improve profitability and cash flows for sustained growth.Income Statement
The income statement shows a decline in revenue from the previous year, with a revenue growth rate of -21.67%. Gross profit margin decreased to 16.53%, and net profit margin dropped to 2.74%, indicating reduced profitability. EBIT and EBITDA margins also reflect a downward trend, suggesting operational challenges. While the company remains profitable, the decline across key metrics indicates pressure on margins and overall earnings.65
Positive
Balance Sheet
The balance sheet remains strong with a debt-to-equity ratio of 0.04, indicating low leverage and financial stability. The equity ratio is robust at 69.04%, reflecting a solid capital structure. Return on equity, however, has decreased to 2.10%, showing reduced shareholder returns. Overall, the company maintains a healthy balance sheet with low risk, but profitability concerns remain.80
Positive
Cash Flow
Cash flow analysis shows a significant drop in free cash flow growth rate, down by 82.15%, reflecting reduced cash generation. The operating cash flow to net income ratio is 0.84, indicating efficient cash earnings conversion. The free cash flow to net income ratio is 0.78, highlighting decent cash flow relative to earnings. While cash flow generation has weakened, the company still manages its cash flows effectively.70
Positive
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 4.17B | 5.32B | 5.27B | 4.81B | 3.42B | Gross Profit |
| 689.00M | 1.13B | 1.30B | 1.12B | 646.90M | EBIT |
| 174.70M | 850.90M | 1.04B | 911.20M | 508.40M | EBITDA |
| 255.70M | 767.00M | 1.06B | 858.90M | 544.80M | Net Income Common Stockholders |
| 114.10M | 530.30M | 515.10M | 659.80M | 399.70M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.07B | 1.27B | 1.35B | 1.52B | 619.80M | Total Assets |
| 7.88B | 8.01B | 8.22B | 7.49B | 6.88B | Total Debt |
| 242.80M | 756.30M | 988.00M | 904.30M | 1.16B | Net Debt |
| -822.50M | -512.80M | -364.70M | -614.30M | 537.60M | Total Liabilities |
| 2.44B | 2.42B | 2.59B | 2.04B | 2.04B | Stockholders Equity |
| 5.44B | 5.60B | 5.63B | 5.45B | 4.84B |
| Cash Flow | Free Cash Flow | |||
| 89.00M | 498.70M | 406.40M | 1.10B | -100.80M | Operating Cash Flow |
| 96.20M | 521.80M | 436.30M | 1.11B | -93.30M | Investing Cash Flow |
| 12.00M | -900.00K | -241.10M | -9.70M | 33.50M | Financing Cash Flow |
| -308.60M | -590.60M | -378.40M | -197.00M | -456.40M |
Barratt Developments Technical Analysis
Positive
11.17
Price Trends
10.83
Positive
11.04
Positive
11.90
Negative
Market Momentum
0.03
Negative
55.43
Neutral
92.06
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BTDPY, the sentiment is Positive. The current price of 11.17 is above the 20-day moving average (MA) of 10.95, above the 50-day MA of 10.83, and below the 200-day MA of 11.90, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 55.43 is Neutral, neither overbought nor oversold. The STOCH value of 92.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BTDPY.
Barratt Developments Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $41.76B | 9.36 | 19.35% | 1.09% | 2.12% | 1.63% | |
75 Outperform | $4.48B | 7.41 | 16.52% | 1.60% | 8.10% | 20.03% | |
74 Outperform | $21.43B | 7.20 | 27.40% | 0.79% | 11.74% | 25.66% | |
69 Neutral | $10.62B | 7.35 | 20.38% | 0.86% | 5.86% | 12.20% | |
67 Neutral | $31.94B | 8.48 | 14.30% | 1.68% | 3.47% | 4.22% | |
64 Neutral | $8.00B | 41.75 | 1.84% | 3.15% | 7.83% | -52.13% | |
59 Neutral | $12.50B | 10.40 | 2.26% | 3.63% | 1.65% | -18.81% |
* Consumer Cyclical Sector Average
Performance Comparison
BTDPY
Barratt Developments
10.88
-0.94
-7.95%
DHI
DR Horton
125.29
-23.67
-15.89%
KBH
KB Home
59.89
-6.09
-9.23%
LEN
Lennar
116.33
-28.62
-19.74%
PHM
PulteGroup
101.09
-8.08
-7.40%
TOL
Toll Brothers
103.02
-14.33
-12.21%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.