Crest Nicholson Holdings (CRST) AI Stock Analysis

• Market Cap: £452.63M
• Dividend Yield: 1.29%
• Average Volume (3M): 397.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.60
• Revenue Growth: -3.50%
• EPS Growth: -176.18%
• Country: UK
• Employees: 704
• Sector: Consumer Cyclical
• Sector Strength: 66
• Industry: Residential Construction
• EPS (TTM): 0.02
• Shares Outstanding: 256,925,020
• 10 Day Avg. Volume: 676,314
• 30 Day Avg. Volume: 397,537
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: £218.80
• Price Target Upside: 29.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 50 Neutral
• Price Target: 180.00p ▲(6.82% Upside)

Crest Nicholson Holdings' overall stock score is primarily impacted by its financial performance challenges, including declining revenues and profitability issues. While technical analysis shows mixed signals, the valuation metrics are concerning. However, recent corporate events positively influence the score by aligning management interests with shareholders, potentially boosting confidence.

Positive Factors

Earnings Potential

Crest Nicholson's strategy could deliver a significant upside, with shares potentially seeing a 50% increase if the discount to the sector is narrowed.

Management and Leadership

The new management team, led by industry veteran Martyn Clark, has provided a clear analysis and path to resolving the company's issues and restoring industry-level returns.

Negative Factors

Market Challenges

Crest Nicholson faces the most challenging immediate trading outlook, given its southern exposure, and may still see more cladding costs.

Crest Nicholson Holdings Business Overview & Revenue Model

Company Description

Crest Nicholson Holdings plc builds residential homes in the United Kingdom. The company develops and sells apartments, houses, and commercial properties. It serves first-time buyers, families, and investors. The company was founded in 1963 and is headquartered in Chertsey, the United Kingdom.

How the Company Makes Money

Crest Nicholson generates revenue primarily through the sale of residential properties. The company develops and sells new homes, which constitute its main revenue stream. Additionally, it earns income from land sales and partnerships with local authorities and housing associations, which often involve joint ventures for community development projects. The company also benefits from its strategic focus on high-demand regions and has implemented a robust land acquisition strategy, ensuring a steady pipeline of projects. Economic factors such as interest rates, housing demand, and government incentives for homebuyers also significantly influence its financial performance. Furthermore, Crest Nicholson engages in sustainable building practices, which can enhance its appeal to buyers and potentially yield higher sales prices.

Crest Nicholson Holdings Financial Statement Overview

Summary

Crest Nicholson Holdings faces notable financial headwinds, reflected in declining revenues, negative profitability, and cash flow challenges. While the balance sheet shows manageable leverage, the erosion of equity and assets is concerning. The company needs to address operational inefficiencies and improve cash generation to stabilize its financial position.

Income Statement

The income statement reveals significant challenges with declining revenue and net income. The gross profit margin turned negative in the most recent year, indicating cost pressures. Revenue has decreased over the past few years, reflecting a contraction in business activity. The net profit margin is also negative, suggesting profitability issues.

Balance Sheet

The balance sheet shows moderate financial stability. The debt-to-equity ratio is relatively low, indicating manageable leverage. However, the decline in stockholders' equity and total assets raises concerns about diminishing financial strength. The equity ratio remains reasonable, suggesting a stable capital structure.

Cash Flow

Cash flow analysis highlights significant strains, with negative free cash flow in the recent year. The operating cash flow to net income ratio is unfavorable, suggesting issues in converting earnings to cash. The free cash flow to net income ratio is also negative, reflecting cash generation challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	618.20M	657.50M	913.60M	786.60M	677.90M
Gross Profit	-71.60M	100.60M	194.30M	166.70M	107.70M
EBITDA	-122.80M	39.50M	42.80M	100.20M	7.70M
Net Income	-103.50M	17.90M	26.40M	70.90M	-10.70M
Balance Sheet
Total Assets	1.44B	1.53B	1.58B	1.61B	1.47B
Cash, Cash Equivalents and Short-Term Investments	74.80M	163.70M	374.90M	351.80M	240.20M
Total Debt	94.30M	104.10M	101.00M	102.50M	104.20M
Total Liabilities	713.30M	674.00M	696.10M	706.80M	641.90M
Stockholders Equity	728.90M	856.30M	883.10M	901.60M	825.30M
Cash Flow
Free Cash Flow	-69.20M	-167.40M	54.10M	126.40M	114.20M
Operating Cash Flow	-67.80M	-165.60M	54.20M	126.60M	114.50M
Investing Cash Flow	25.00M	1.60M	11.90M	-700.00K	-4.50M
Financing Cash Flow	-46.00M	-47.00M	-43.20M	-14.60M	-41.20M

Crest Nicholson Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 168.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CRST, the sentiment is Negative. The current price of 168.5 is below the 20-day moving average (MA) of 179.99, below the 50-day MA of 184.12, and below the 200-day MA of 171.48, indicating a bearish trend. The MACD of -3.57 indicates Positive momentum. The RSI at 31.81 is Neutral, neither overbought nor oversold. The STOCH value of 13.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CRST.

Crest Nicholson Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VTY	75 Outperform	£2.08B	30.01	2.27%	―	6.04%	-66.96%
SPR	71 Outperform	£122.02M	13.43	5.82%	0.72%	-14.19%	9.78%
GLE	68 Neutral	£207.24M	12.53	5.65%	2.32%	13.91%	-2.75%
BWY	61 Neutral	£2.93B	19.94	4.22%	2.38%	-11.63%	-31.81%
Sector *	57 Neutral	HK$25.99B	4.36	-4.73%	5.52%	-0.90%	-51.66%
WJG	56 Neutral	£71.86M	48.31	-0.29%	―	-27.17%	98.73%
CRST	50 Neutral	£452.63M	―	-9.56%	1.29%	-3.50%	-176.18%

Crest Nicholson Holdings Corporate Events

Crest Nicholson Announces Executive Share Incentive Awards

Crest Nicholson Holdings plc has announced the acquisition of partnership and award of free matching shares to key executives through the company’s Share Incentive Plan. This move involves the company’s CEO, CFO, and Group Company Secretary, highlighting the firm’s strategy to align management interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Announces Total Voting Rights Update

Crest Nicholson Holdings PLC has announced its total voting rights as of 31 July 2025. The company has an issued share capital of 256,925,025 ordinary shares, each carrying one vote. This figure is significant for shareholders to determine their notification requirements regarding their interest in the company’s shares.

The most recent analyst rating on (GB:CRST) stock is a Hold with a £2.15 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Aligns Executive Interests with Shareholders Through Share Incentive Plan

Crest Nicholson Holdings plc announced the acquisition of partnership and the awarding of free matching shares to key executives, including the CEO, CFO, and Group Company Secretary, through the company’s Share Incentive Plan. This move underscores the company’s commitment to aligning the interests of its management with those of its shareholders, potentially impacting its market performance and stakeholder confidence positively.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Changes Share Registrar to MUFG Corporate Markets

Crest Nicholson Holdings PLC has announced a change in its share registrar from Equiniti to MUFG Corporate Markets, effective from 7 July 2025. This change is part of the company’s ongoing efforts to streamline its operations and improve shareholder services, potentially impacting stakeholders by enhancing the efficiency of shareholding management.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Announces Total Voting Rights Update

Crest Nicholson Holdings plc announced that as of June 30, 2025, its issued share capital consists of 256,922,810 ordinary shares, each carrying one voting right. This information is crucial for shareholders to determine their notification requirements regarding their interest in the company’s shares, as per the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Sees Change in Major Holdings

Crest Nicholson Holdings PLC has announced a change in its major holdings, with Ameriprise Financial, Inc. increasing its voting rights to 5.086% as of June 13, 2025. This acquisition of voting rights signifies a strategic move by Ameriprise Financial, potentially impacting Crest Nicholson’s governance and future decision-making processes, which stakeholders should closely monitor.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Reports Strong Interim Results and Strategic Progress

Crest Nicholson Holdings PLC reported its interim results for the six months ending April 2025, showing trading in line with expectations and confirming its full-year guidance. The company has made significant strategic progress, including a focus on quality home building, customer satisfaction, and operational excellence. Improved sales rates and gross profit margins were noted, alongside a reduction in administrative expenses and net debt. The housing market shows signs of stabilisation, with Crest Nicholson well-positioned to navigate the market confidently. The company remains committed to its strategic priorities and anticipates further performance improvements in the second half of the year.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Executives Acquire Shares to Strengthen Stakeholder Alignment

Crest Nicholson Holdings PLC announced the acquisition of partnership and award of free matching shares through its Share Incentive Plan by key executives, including CEO Martyn Clark, CFO Bill Floydd, and Group Company Secretary Penny Thomas. This transaction, conducted outside a trading venue and on the London Stock Exchange, reflects the company’s ongoing efforts to align management interests with shareholder value, potentially enhancing stakeholder confidence and market positioning.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Awards Shares to Key Executives

Crest Nicholson Holdings has announced the acquisition of partnership and awarding of free matching shares to key executives through its Share Incentive Plan. This move involves the CEO, CFO, and Group Company Secretary, reflecting the company’s strategy to align management interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.