Persimmon PLC
LSE:PSN

Watchlist Manager
Persimmon PLC Logo
Persimmon PLC
LSE:PSN
Watchlist
Price: 1 182 GBX -2.39% Market Closed
Market Cap: 3.8B GBX
Have any thoughts about
Persimmon PLC?
Write Note

Persimmon PLC
Retained Earnings

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Persimmon PLC
Retained Earnings Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Retained Earnings CAGR 3Y CAGR 5Y CAGR 10Y
Persimmon PLC
LSE:PSN
Retained Earnings
ÂŁ3.4B
CAGR 3-Years
-2%
CAGR 5-Years
4%
CAGR 10-Years
6%
Bellway PLC
LSE:BWY
Retained Earnings
ÂŁ3.2B
CAGR 3-Years
3%
CAGR 5-Years
5%
CAGR 10-Years
11%
Berkeley Group Holdings PLC
LSE:BKG
Retained Earnings
ÂŁ3.5B
CAGR 3-Years
4%
CAGR 5-Years
4%
CAGR 10-Years
10%
Taylor Wimpey PLC
LSE:TW
Retained Earnings
ÂŁ3.4B
CAGR 3-Years
3%
CAGR 5-Years
11%
CAGR 10-Years
10%
Redrow PLC
LSE:RDW
Retained Earnings
ÂŁ1.9B
CAGR 3-Years
5%
CAGR 5-Years
6%
CAGR 10-Years
14%
Barratt Developments P L C
LSE:BDEV
Retained Earnings
ÂŁ5.1B
CAGR 3-Years
2%
CAGR 5-Years
4%
CAGR 10-Years
6%
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 Retained Earnings?
Retained Earnings
3.4B GBP

Based on the financial report for Jun 30, 2024, Persimmon PLC's Retained Earnings amounts to 3.4B GBP.

What is Persimmon PLC's Retained Earnings growth rate?
Retained Earnings CAGR 10Y
6%

Over the last year, the Retained Earnings growth was 2%. The average annual Retained Earnings growth rates for Persimmon PLC have been -2% over the past three years , 4% over the past five years , and 6% over the past ten years .

Back to Top