Henry Boot (BOOT) AI Stock Analysis

• Market Cap: £302.33M
• Dividend Yield: 2.93%
• Average Volume (3M): 120.33K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 0.08
• Revenue Growth: 22.07%
• EPS Growth: 130.06%
• Country: UK
• Employees: 531
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 0.05
• Shares Outstanding: 134,042,980
• 10 Day Avg. Volume: 86,200
• 30 Day Avg. Volume: 120,335
• PEG Ratio: -0.88
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 0.94
• P/FCF Ratio: 12.77
• 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: £337.00
• Price Target Upside: 49.12% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: 235.00p ▲(3.98% Upside)

Henry Boot's overall stock score is driven by its solid financial foundation and attractive valuation. The company's strategic corporate events further bolster its growth prospects. However, technical analysis indicates weak momentum, and challenges in revenue and profit growth present potential risks. The absence of earnings call data limits insights into management's outlook.

Positive Factors

Diverse Revenue Streams

The company's diverse revenue streams from construction, property development, and land promotion provide a stable income base, mitigating risks associated with market fluctuations in any single sector.

Solid Balance Sheet

A strong balance sheet with effective equity utilization and manageable leverage enhances financial stability, providing a solid foundation for future growth and investment opportunities.

Operational Efficiency

Stable EBIT and EBITDA margins indicate effective cost management and operational efficiency, supporting sustained profitability even amidst revenue and profit pressures.

Negative Factors

Revenue Growth Challenges

Negative revenue growth highlights difficulties in expanding sales, which could impact long-term profitability and market competitiveness if not addressed.

Profit Margin Pressure

Decreasing profit margins suggest rising costs or pricing pressures, which could erode profitability if the company cannot improve cost management or increase sales prices.

Cash Flow Volatility

Inconsistent cash generation relative to earnings indicates potential liquidity risks, necessitating careful cash flow management to ensure financial flexibility and stability.

Henry Boot Business Overview & Revenue Model

Company Description

Henry Boot PLC engages in property investment and development, land promotion, and construction activities in the United Kingdom. The company operates through three segments: Property Investment and Development, Land Promotion, and Construction. It engages in the housebuilding and associated trading; and land management, development, and trading activities. In addition, the company engages in the construction and civil engineering activities; hires and sells construction equipment, such as temporary accommodation, powered access equipment, tools, and non-man operated plant; and operates and maintains the A69 trunk road between Carlisle and Newcastle upon Tyne. As of December 31, 2021, it had land interests in 18,012 acres. Henry Boot PLC was founded in 1886 and is headquartered in Sheffield, the United Kingdom.

How the Company Makes Money

Henry Boot generates revenue through several key streams, including property development and investment, construction services, and land promotion. The company develops residential and commercial properties, which are sold or leased to generate income. Additionally, their construction segment provides contracting services for various projects, further contributing to revenue. Land promotion involves acquiring land and securing planning permissions, after which the land is sold at a profit. The company also benefits from strategic partnerships with local authorities and other organizations, enhancing their project pipeline and market reach. Factors such as strong demand for housing, infrastructure projects, and a robust property market also play significant roles in driving their earnings.

Henry Boot Financial Statement Overview

Summary

Henry Boot demonstrates a solid balance sheet with effective equity utilization and manageable leverage, contributing to its financial stability. However, challenges in revenue and profit growth pose potential risks to future earnings. Cash flow analysis shows improvements in liquidity, although historical volatility requires attention. Overall, the company exhibits a stable financial position with operational efficiencies but faces revenue and cash flow management challenges.

Income Statement

Henry Boot's income statement reveals a mixed financial performance. The gross profit margin has slightly decreased from the previous period, indicating some pressure on cost management. Meanwhile, the net profit margin also saw a decline, reflecting lower profitability. Revenue growth rate is negative, suggesting challenges in generating sales compared to the previous year. Despite these declines, EBIT and EBITDA margins remain relatively stable, showing operational efficiency. Overall, the company faces some revenue and profit pressures but maintains decent operational margins.

Balance Sheet

The balance sheet of Henry Boot shows a robust equity position with a favorable debt-to-equity ratio, indicating prudent financial leverage. The return on equity remains solid, suggesting effective use of shareholders' funds. The equity ratio is healthy, underscoring stability in asset financing through equity. Overall, the balance sheet reflects a strong financial foundation with manageable debt levels and effective equity utilization.

Cash Flow

The cash flow statement presents a mixed picture. There is a significant improvement in free cash flow compared to the previous year, which is positive for liquidity. However, the operating cash flow to net income ratio indicates inconsistencies in cash generation relative to earnings. The free cash flow to net income ratio highlights improvement, yet historical volatility suggests potential risks. Overall, while there are promising signs of improved cash management, past fluctuations indicate areas for cautious monitoring.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	348.76M	328.38M	359.40M	341.42M	230.60M	222.41M
Gross Profit	81.84M	74.54M	76.77M	81.59M	55.55M	40.44M
EBITDA	43.87M	44.78M	48.88M	43.87M	31.80M	21.25M
Net Income	26.04M	23.33M	26.30M	33.32M	28.16M	11.92M
Balance Sheet
Total Assets	620.86M	623.64M	594.40M	578.30M	508.89M	454.62M
Cash, Cash Equivalents and Short-Term Investments	9.95M	16.76M	13.03M	17.40M	11.12M	42.13M
Total Debt	98.03M	79.45M	90.79M	66.03M	51.66M	15.13M
Total Liabilities	208.79M	198.49M	184.28M	184.02M	153.61M	141.13M
Stockholders Equity	411.35M	422.25M	405.40M	388.32M	349.84M	309.80M
Cash Flow
Free Cash Flow	24.14M	24.08M	-15.49M	-15.30M	-43.70M	14.16M
Operating Cash Flow	28.88M	25.57M	-3.40M	-8.87M	-36.68M	17.57M
Investing Cash Flow	-780.00K	2.00M	-9.90M	24.55M	-24.97M	-10.51M
Financing Cash Flow	-32.53M	-23.84M	8.94M	3.03M	30.64M	-7.24M

Henry Boot Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 226.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BOOT, the sentiment is Positive. The current price of 226 is above the 20-day moving average (MA) of 224.32, above the 50-day MA of 222.25, and above the 200-day MA of 216.55, indicating a bullish trend. The MACD of 0.58 indicates Positive momentum. The RSI at 54.29 is Neutral, neither overbought nor oversold. The STOCH value of 63.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:BOOT.

Henry Boot Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TPFG	76 Outperform	£335.97M	21.15	10.87%	3.61%	97.27%	25.80%
LSL	71 Outperform	£260.28M	15.25	―	3.65%	20.46%	―
SREI	68 Neutral	£262.65M	―	―	6.68%	―	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BOOT	63 Neutral	£302.33M	11.63	6.37%	2.93%	22.07%	130.06%
CLI	58 Neutral	£232.49M	-4.16	-7.10%	6.80%	-5.32%	72.50%
HLCL	55 Neutral	£231.97M	9.25	6.07%	2.65%	-14.09%	―

Henry Boot Corporate Events

Henry Boot Completes Major Land Sale to Persimmon Homes

Henry Boot’s land promotion and planning division, Hallam Land, has successfully sold a 237-acre site with planning permission for 1,270 residential units to Persimmon Homes. This sale marks significant progress towards Hallam Land’s 2025 sales target, reflecting the strong demand for well-located land with planning consent. The development includes affordable housing, community amenities, and environmental enhancements, highlighting Henry Boot’s expertise in managing large-scale projects and its positive impact on local housing needs and investor value.

Henry Boot PLC Director Sells Significant Shareholding

Henry Boot PLC announced that Jonathan James Sykes, a Non-executive Director, sold 150,000 non-beneficial Ordinary Shares at 221 pence each, totaling £331,500. This transaction affects Sykes’s total shareholding, which now includes 20,012,155 Ordinary Shares and 6,843 Preference Shares, held in various capacities including as a trustee for the Reis family trusts.

Henry Boot PLC Updates Total Voting Rights

Henry Boot PLC has announced that the total number of ordinary shares in issue is now 134,042,989, which also represents the total number of voting rights in the company. This update is significant for shareholders as it provides the denominator for calculating their interests under the FCA’s Disclosure and Transparency Rules.

Henry Boot PLC Announces Share Sale by PDMR

Henry Boot PLC has announced a transaction involving the sale of ordinary shares by Nicholas Joseph Duckworth, a person discharging managerial responsibilities (PDMR) at the company. The transactions, conducted on the London Stock Exchange, involved the sale of 66 shares at £2.23 each and 21,407 shares at £2.20 each, amounting to a total value of £47,242.58. This activity reflects ongoing financial management and strategic adjustments within the company, potentially impacting shareholder value and market perception.

Henry Boot’s Hallam Land Achieves Milestone with Residential Plot Sale

Henry Boot’s land promotion and planning business, Hallam Land, has successfully sold a site for 160 residential units in Queniborough, Leicestershire, to HarperCrewe, achieving a 33% annual return. This sale marks significant progress towards Hallam Land’s annual sales target and will positively impact Henry Boot’s financial performance for 2025. The project includes 30% affordable housing and over 12 acres of green infrastructure, aligning with the company’s commitment to sustainable development.

Henry Boot PLC Updates Total Voting Rights and Shares

Henry Boot PLC has announced that the total number of ordinary shares in issue is now 134,035,472, which is also the total number of voting rights in the company. This information is crucial for shareholders to determine their obligations under the FCA’s Disclosure and Transparency Rules, potentially impacting their interest notifications and changes.

Henry Boot Streamlines Operations with Sale of Construction Division

Henry Boot has announced the sale of its subsidiary, Henry Boot Construction, to PWS Construction Limited, a company formed by HBC’s management team, for £4.0m. This strategic move allows Henry Boot to concentrate on its core areas of high-quality land, property development, and premium homes, simplifying its structure and reducing its risk profile. The transaction is expected to enhance long-term growth prospects by focusing on projects with greater synergies. Under new ownership, HBC will have more autonomy to expand its market presence, while Henry Boot will maintain short-term support through a transitional services agreement.

Henry Boot PLC Reports Strong H1 2025 Results with Strategic Growth Initiatives

Henry Boot PLC reported a strong performance in the first half of 2025, with a 19% revenue increase to £126.4m and a profit before tax of £7.8m, driven by land and property disposals. The company achieved 80% of its budgeted sales for the year and increased its interim dividend by 5% to 3.24p. Strategic investments in Hallam Land and Stonebridge Homes have bolstered their land bank and development pipeline, positioning the company for future growth. The sale of Henry Boot Construction aligns with the company’s focus on land promotion, development, and home building, while their joint venture with Feldberg Capital shows promising progress.

Henry Boot to Develop £162m Aviation Innovation Campus at IWM Duxford

Henry Boot’s property investment and development arm, HBD, has been appointed to develop a £162 million aviation innovation campus at IWM Duxford, in collaboration with Imperial War Museums and Gonville & Caius College. The project aims to create a hub for low and zero carbon aircraft technology, generating significant economic and social benefits, including 1,200 new jobs and £64 million in additional gross value added to the local economy. This initiative enhances HBD’s innovation capabilities and reinforces Cambridge’s status as a global research and innovation center.