Billington Holdings (BILN) AI Stock Analysis

• Market Cap: £45.87M
• Dividend Yield: 689.66%
• Average Volume (3M): 14.07K
• Price to Earnings (P/E): 5.5
• Beta (1Y): 0.43
• Revenue Growth: -14.67%
• EPS Growth: -19.63%
• Country: UK
• Employees: 520
• Sector: Industrials
• Sector Strength: 93
• Industry: Engineering & Construction
• EPS (TTM): 0.36
• Shares Outstanding: 13,260,959
• 10 Day Avg. Volume: 14,355
• 30 Day Avg. Volume: 14,075
• PEG Ratio: <0.01
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £488.00
• Price Target Upside: 30.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: 448.00p ▲(19.47%Upside)

Billington Holdings scores well overall, driven by strong financial performance and attractive valuation metrics. Corporate events further support the company's strategic direction. However, technical indicators show mixed signals, which slightly dampens the overall score.

Billington Holdings Business Overview & Revenue Model

Company Description

Billington Holdings Plc, through its subsidiaries, designs, manufactures, and installs structural steelworks in the United Kingdom, Europe, and internationally. The company designs, fabricates, and installs bespoke steel staircases, balustrade systems, and secondary steelwork. It also provides safety solutions and barrier systems to the construction industry; protection and fall prevention systems; complex steel structures primarily for the construction and rail infrastructure markets; and site hoarding solutions. In addition, the company engages in the property rental and management services. It provides services to construction projects and operates in sectors, such as retail, data, commercial offices, education, healthcare, rail, and others. The company was formerly known as Amco Corporation Plc and changed its name to Billington Holdings Plc in June 2008. The company was incorporated in 1989 and is based in Barnsley, the United Kingdom.

How the Company Makes Money

Billington Holdings generates revenue through multiple streams primarily centered around its core competencies in structural steelwork. The company earns money by undertaking contracts for the design, fabrication, and installation of steel structures for various construction projects. These projects range from small-scale commercial buildings to large-scale infrastructure developments. Revenue is predominantly driven by project-based contracts, where Billington Holdings is engaged to provide comprehensive steelwork solutions. Additionally, the company may form strategic partnerships and collaborations with other firms in the construction industry to leverage combined expertise and resources, thereby enhancing its revenue potential. The company's financial performance is also influenced by factors such as project size, complexity, and duration, as well as market demand for construction and infrastructure development.

Billington Holdings Financial Statement Overview

Summary

Billington Holdings demonstrates a strong financial recovery with significant improvements in profitability margins and return on equity. The balance sheet is robust with low leverage and a solid equity base. Cash flow management remains positive, although there's a slowdown in cash generation growth.

Income Statement

Billington Holdings shows a strong recovery trend in gross profit margin, increasing from 4.1% in 2021 to 13.0% in 2022, and further sustaining at 13.0% in 2023. The net profit margin improved significantly from 0.1% in 2021 to 7.8% in 2023. Despite a revenue decline from 2022 to 2023, the company has maintained profitability due to efficient cost management, as seen in the improved EBIT and EBITDA margins.

Balance Sheet

The company's balance sheet reflects a solid equity base with the equity ratio improving to 67.9% in 2023. The debt-to-equity ratio remains low at 0.03, indicating strong financial leverage with minimal reliance on debt. Return on equity grew from 0.2% in 2021 to 21.6% in 2023, showcasing effective use of equity to generate profits. However, the decline in total assets from 2022 to 2023 warrants monitoring.

Cash Flow

Despite a reduction in operating cash flow from 2022 to 2023, Billington Holdings maintains a positive free cash flow, indicating good cash management and capital expenditure control. The operating cash flow to net income ratio is healthy, though the free cash flow growth rate has slowed, suggesting potential challenges in cash generation moving forward.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	113.06M	132.50M	86.61M	82.72M	69.46M
Gross Profit	14.72M	54.31M	8.94M	4.17M	3.58M
EBITDA	13.23M	15.69M	7.97M	3.27M	3.57M
Net Income	8.27M	10.32M	4.73M	68.00K	1.37M
Balance Sheet
Total Assets	78.11M	81.60M	60.68M	52.95M	49.56M
Cash, Cash Equivalents and Short-Term Investments	21.70M	22.08M	11.63M	10.38M	15.13M
Total Debt	1.64M	1.80M	2.69M	1.00M	1.26M
Total Liabilities	25.09M	33.76M	26.33M	23.56M	20.34M
Stockholders Equity	53.02M	47.84M	34.35M	29.39M	29.22M
Cash Flow
Free Cash Flow	3.63M	13.05M	2.00M	-4.26M	-2.67M
Operating Cash Flow	8.63M	15.95M	6.51M	-1.91M	-451.00K
Investing Cash Flow	-4.67M	-2.63M	-4.57M	-2.06M	-1.92M
Financing Cash Flow	-4.35M	-2.87M	-687.00K	-774.00K	-357.00K

Billington Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 375.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BILN, the sentiment is Negative. The current price of 375 is below the 20-day moving average (MA) of 375.25, below the 50-day MA of 389.93, and below the 200-day MA of 419.70, indicating a bearish trend. The MACD of -8.32 indicates Positive momentum. The RSI at 45.07 is Neutral, neither overbought nor oversold. The STOCH value of 48.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:BILN.

Billington Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BILN	74 Outperform	£45.87M	5.48	16.40%	689.66%	-14.67%	-19.63%
SFR	68 Neutral	£94.89M	32.43	-6.98%	11.46%	6.00%	-84.54%
VANL	68 Neutral	£41.66M	22.38	5.90%	311.69%	0.24%	10.27%
SMJ	59 Neutral	£46.72M	29.85	1.28%	269.17%	15.39%	1240.00%
Sector *	58 Neutral	HK$14.94B	4.73	-2.78%	5.01%	3.80%	-54.55%
KINO	51 Neutral	$56.02M	9.42	470.34%	―	0.20%	79.77%
NEXS	48 Neutral	£14.14M	―	-10.69%	191.69%	-3.17%	69.15%

Billington Holdings Corporate Events

Billington Holdings Successfully Passes All Resolutions at AGM

Billington Holdings Plc announced that all Ordinary and Special Resolutions proposed at their Annual General Meeting were successfully passed. This development underscores the company’s stable governance and could strengthen its position in the structural steel and construction safety industry, potentially benefiting stakeholders through continued strategic focus and operational stability.

Billington Holdings PLC Announces Change in Voting Rights

Billington Holdings PLC has announced a change in the voting rights held by Ocorian Trustees (Jersey) Limited as Trustee of the Billington Holdings Plc Employee Share Ownership Trust. The notification indicates a decrease in the percentage of voting rights from 5.1% to 3.624%, reflecting a shift in the ownership structure. This adjustment may impact the company’s governance dynamics and influence stakeholder decisions.

Billington Holdings Executives Exercise Share Options Under LTIP

Billington Holdings Plc announced that two of its executive directors have exercised share options under the Long Term Incentive Plan, resulting in the transfer of 221,275 ordinary shares. The transactions were conducted to cover tax and National Insurance liabilities, with Mark Smith and Trevor Taylor selling portions of their shares. This move reflects the company’s ongoing commitment to aligning executive incentives with shareholder interests, potentially impacting its market positioning by demonstrating strong leadership confidence in the company’s future.