Crest Nicholson Holdings (CRST) AI Stock Analysis

• Market Cap: £413.49M
• Dividend Yield: 1.55%
• Average Volume (3M): 844.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.62
• Revenue Growth: -3.50%
• EPS Growth: -176.18%
• Country: UK
• Employees: 704
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Residential Construction
• EPS (TTM): 0.02
• Shares Outstanding: 256,930,570
• 10 Day Avg. Volume: 607,005
• 30 Day Avg. Volume: 844,401
• PEG Ratio: <0.01
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.70
• P/FCF Ratio: -6.27
• 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: £201.00
• Price Target Upside: 19.08% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 50 Neutral
• Price Target: 169.00p ▲(0.12% Upside)

Crest Nicholson Holdings' overall stock score is primarily impacted by its challenging financial performance, characterized by declining revenues and negative profitability. Technical analysis provides some positive momentum, but valuation concerns due to a negative P/E ratio and low dividend yield weigh heavily on the score. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Sustainable Building Practices

The company's focus on sustainable building practices aligns with increasing consumer demand for eco-friendly homes, potentially boosting long-term sales and brand reputation.

Strategic Land Acquisition

A strong land acquisition strategy secures future development opportunities, supporting long-term revenue growth and market presence.

Manageable Leverage

Low leverage provides financial flexibility and reduces risk, allowing the company to navigate economic fluctuations more effectively.

Negative Factors

Declining Revenue

Consistent revenue decline indicates challenges in market demand or competitive positioning, potentially impacting long-term growth prospects.

Negative Profitability

Negative profitability suggests operational inefficiencies and cost management issues, which could hinder financial stability and investment capacity.

Cash Flow Challenges

Persistent cash flow issues can limit the company's ability to invest in growth opportunities and meet financial obligations, affecting long-term viability.

Crest Nicholson Holdings Business Overview & Revenue Model

Company Description

Crest Nicholson Holdings (CRST) is a leading UK housebuilder specializing in the development of residential properties across England and Wales. The company operates primarily in the residential sector, focusing on the construction of new homes, including apartments, houses, and mixed-use developments. Crest Nicholson is committed to creating sustainable communities and offers a range of products and services that cater to various market segments, from affordable housing to luxury homes.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	610.20M	618.20M	657.50M	913.60M	786.60M	677.90M
Gross Profit	86.40M	-71.60M	100.60M	194.30M	166.70M	107.70M
EBITDA	-89.30M	-122.80M	39.50M	42.80M	100.20M	7.70M
Net Income	-73.40M	-103.50M	17.90M	26.40M	70.90M	-10.70M
Balance Sheet
Total Assets	1.42B	1.44B	1.53B	1.58B	1.61B	1.47B
Cash, Cash Equivalents and Short-Term Investments	82.60M	74.80M	163.70M	374.90M	351.80M	240.20M
Total Debt	163.70M	94.30M	104.10M	101.00M	102.50M	104.20M
Total Liabilities	686.00M	713.30M	674.00M	696.10M	706.80M	641.90M
Stockholders Equity	733.20M	728.90M	856.30M	883.10M	901.60M	825.30M
Cash Flow
Free Cash Flow	-76.70M	-69.20M	-167.40M	54.10M	126.40M	114.20M
Operating Cash Flow	-75.90M	-67.80M	-165.60M	54.20M	126.60M	114.50M
Investing Cash Flow	16.90M	25.00M	1.60M	11.90M	-700.00K	-4.50M
Financing Cash Flow	50.30M	-46.00M	-47.00M	-43.20M	-14.60M	-41.20M

Crest Nicholson Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 168.80
• 50DMA: Positive
• 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:CRST, the sentiment is Positive. The current price of 168.8 is above the 20-day moving average (MA) of 164.81, above the 50-day MA of 160.69, and below the 200-day MA of 169.54, indicating a neutral trend. The MACD of 1.53 indicates Positive momentum. The RSI at 56.49 is Neutral, neither overbought nor oversold. The STOCH value of 29.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:CRST.

Crest Nicholson Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SPR	76 Outperform	£122.02M	8.64	8.56%	0.70%	5.26%	86.19%
GLE	62 Neutral	£209.57M	13.24	5.23%	2.28%	5.93%	-18.26%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BWY	60 Neutral	£3.04B	19.30	4.49%	2.28%	16.91%	20.80%
VTY	60 Neutral	£2.05B	28.23	-0.31%	―	-0.57%	-104.08%
WJG	55 Neutral	£80.59M	48.31	-0.29%	―	-27.17%	98.73%
CRST	50 Neutral	£413.49M	―	-9.56%	1.55%	-3.50%	-176.18%

Crest Nicholson Holdings Corporate Events

Crest Nicholson Executives Acquire Shares Under Incentive Plan

Crest Nicholson Holdings PLC announced the acquisition of shares by key executives, including CEO Martyn Clark, CFO Bill Floydd, and Group Company Secretary Penny Thomas, as part of the company’s Share Incentive Plan. This move reflects the company’s strategy to align the interests of its management with those of its shareholders, potentially impacting its market positioning by demonstrating confidence in its financial health and future prospects.

The most recent analyst rating on (GB:CRST) stock is a Hold with a £170.00 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 its total voting rights as of 30 September 2025, with an issued share capital of 256,930,563 ordinary shares, each carrying one vote. This information is crucial for shareholders to determine their notification requirements regarding their interests in the company’s shares, impacting how stakeholders engage with the company’s governance and decision-making processes.

The most recent analyst rating on (GB:CRST) stock is a Hold with a £1.90 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 Align Interests

Crest Nicholson Holdings plc announced the acquisition of partnership and award of free matching shares through its Share Incentive Plan by key executives including the CEO, CFO, and Group Company Secretary. This move signifies the company’s effort to align the interests of its management with shareholders, potentially impacting its market positioning by fostering a stronger commitment to company performance.

The most recent analyst rating on (GB:CRST) stock is a Hold with a £1.90 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 that as of 29 August 2025, its issued share capital consists of 256,927,446 ordinary shares, each carrying one vote. This information is crucial for shareholders to calculate their interests in the company under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:CRST) stock is a Hold with a £1.90 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 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.