Persimmon PLC
LSE:PSN

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Persimmon PLC
LSE:PSN
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Price: 1 182 GBX -2.39% Market Closed
Market Cap: 3.8B GBX
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Persimmon PLC
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Persimmon PLC
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Persimmon PLC
LSE:PSN
Cash Equivalents
ÂŁ350.2m
CAGR 3-Years
-36%
CAGR 5-Years
-16%
CAGR 10-Years
1%
Bellway PLC
LSE:BWY
Cash Equivalents
ÂŁ206.6m
CAGR 3-Years
-16%
CAGR 5-Years
44%
CAGR 10-Years
25%
Berkeley Group Holdings PLC
LSE:BKG
Cash Equivalents
ÂŁ1.2B
CAGR 3-Years
-6%
CAGR 5-Years
-1%
CAGR 10-Years
25%
Taylor Wimpey PLC
LSE:TW
Cash Equivalents
ÂŁ668.7m
CAGR 3-Years
-13%
CAGR 5-Years
7%
CAGR 10-Years
26%
Redrow PLC
LSE:RDW
Cash Equivalents
ÂŁ121m
CAGR 3-Years
-21%
CAGR 5-Years
3%
CAGR 10-Years
7%
Barratt Developments P L C
LSE:BDEV
Cash Equivalents
ÂŁ949.9m
CAGR 3-Years
-10%
CAGR 5-Years
10%
CAGR 10-Years
19%
No Stocks Found

Persimmon PLC
Glance View

Market Cap
3.8B GBX
Industry
Consumer products

Persimmon PLC is a prominent player in the UK’s residential construction industry, deeply woven into the country’s architectural and economic fabric. Founded in 1972, the company has carved out a robust reputation as one of the leading housebuilding enterprises, focusing primarily on constructing homes for sale under various recognizable brands such as Persimmon Homes, Charles Church, and Westbury Partnerships. With a business model centered around volume building, Persimmon sources land, secures planning permission, and builds homes across a diverse range of styles and price points. This extensive process is aimed at catering to a broad demographic, from first-time buyers to those seeking larger, family-oriented dwellings, ensuring a steady flow of revenue despite economic fluctuations. The company's financial engine is driven by a strategic approach to land acquisition and development, making it critical to Persimmon's profitability and sustainability. By securing land at competitive prices and maintaining a forward land bank, Persimmon has managed to keep construction costs per unit low while ensuring a steady pipeline of future projects. This, coupled with efficient supply chain management and cost-effective construction practices, allows the company to maintain attractive margins. Mortgage availability and government initiatives such as the Help to Buy scheme have been instrumental, enabling more consumers to purchase homes, thus driving up Persimmon's sales and profits. Through its strategic land investments and diversified product offerings, Persimmon continues to profit from both steady demand in the housing market and its ability to deliver homes efficiently, cementing its position as a cornerstone of the UK housing sector.

PSN Intrinsic Value
1 503.53 GBX
Undervaluation 21%
Intrinsic Value
Price

See Also

What is Persimmon PLC's Cash Equivalents?
Cash Equivalents
350.2m GBP

Based on the financial report for Jun 30, 2024, Persimmon PLC's Cash Equivalents amounts to 350.2m GBP.

What is Persimmon PLC's Cash Equivalents growth rate?
Cash Equivalents CAGR 10Y
1%

Over the last year, the Cash Equivalents growth was -2%. The average annual Cash Equivalents growth rates for Persimmon PLC have been -36% over the past three years , -16% over the past five years , and 1% over the past ten years .

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