- Bellway completed 8,749 homes in the fiscal year, marking a 14% increase from the previous year.
- The company’s forward order book is valued at GBP 1.52 billion, which is a 7.5% increase year-over-year.
- Housing revenue for Bellway reached GBP 2.76 billion, up by 17% compared to the previous year.
- The average selling price of homes was GBP 0.32 million, reflecting a 2.6% increase from last year.
- The company projects an adjusted operating margin of 11%, which aligns with previous expectations.
- Bellway is planning for average outlet numbers to remain broadly flat in FY26.
- Dividend cover is expected to be around 2.5 times for the full financial year, with earnings growth boosting dividend payments.
- The company aims to deliver around 9,200 homes in FY26, reflecting further growth in volume output and increased cash generation for shareholder returns.
- Despite challenges in the industry, Bellway reported a solid performance.
- In the market, there are currently 13 buy ratings, 5 hold ratings, and 0 sell ratings for Bellway shares.
“`
A look at Bellway PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Bellway PLC seems to have a promising long-term outlook. With solid scores in Value, Resilience, and Momentum, the company appears to be in a good position for future growth and stability. The Value score of 4 suggests that Bellway PLC may be undervalued in the market, providing potential for investors seeking value opportunities. Additionally, a strong Resilience score of 4 implies that the company is well-equipped to weather economic uncertainties or market fluctuations.
Although the Dividend and Growth scores are a bit lower at 3, Bellway PLC‘s focus on building residential houses, particularly for first-time buyers, could continue to drive growth over time. Operating primarily in England, Wales, and Scotland, the company’s diversified presence in key markets adds to its overall appeal. Investors looking for a company with a balanced mix of value, resilience, and growth potential might find Bellway PLC an attractive long-term investment option.
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
