Crest Nicholson Holdings (CRST) AI Stock Analysis

• Market Cap: £335.83M
• Dividend Yield: 1.79%
• Average Volume (3M): 844.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.78
• 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: 256,939,120
• 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: £190.83
• Price Target Upside: 41.57% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: 133.00p ▼(-1.34% Downside)

Crest Nicholson Holdings is facing significant financial and market challenges. The most impactful factors are the company's declining financial performance and bearish technical indicators. The stock's valuation is also unattractive due to negative earnings and low dividend yield. These factors collectively result in a low overall stock 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 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, including both private homes and affordable housing units. The company's revenue model is driven by the delivery of new homes across its various developments, which are often pre-sold to customers before completion. Key revenue streams include the sale of freehold and leasehold properties, as well as income from land sales and joint ventures with other developers or local authorities. Additionally, Crest Nicholson may benefit from partnerships with housing associations and government schemes aimed at increasing housing supply, which can provide financial support and enhance its project pipeline. The company's ability to manage costs effectively and maintain a strong land bank is critical to its profitability, as it ensures a steady flow of projects and mitigates risks associated with market fluctuations.

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: Negative
• Last Price: 134.80
• 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 134.8 is below the 20-day moving average (MA) of 138.41, below the 50-day MA of 142.22, and below the 200-day MA of 164.87, indicating a bearish trend. The MACD of -1.06 indicates Positive momentum. The RSI at 43.71 is Neutral, neither overbought nor oversold. The STOCH value of 18.02 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
PSN	78 Outperform	£4.33B	16.86	7.44%	4.54%	16.74%	-0.16%
BTRW	67 Neutral	£5.21B	27.14	2.80%	4.73%	33.83%	15.11%
BWY	65 Neutral	£3.11B	20.02	4.49%	2.62%	16.91%	20.93%
TW	65 Neutral	£3.68B	43.29	1.97%	8.95%	4.21%	-65.57%
VTY	63 Neutral	£1.98B	-209.47	-0.31%	―	-0.57%	-104.08%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
CRST	42 Neutral	£335.83M	-4.71	-9.56%	1.79%	-3.50%	-176.18%

Crest Nicholson Holdings Corporate Events

Crest Nicholson Executives Acquire Shares Under Company Incentive Plan

Crest Nicholson has disclosed a series of share transactions by senior management under its Share Incentive Plan, involving the chief executive, chief financial officer and group company secretary. On 12 January 2026, CEO Martyn Clark, CFO Bill Floydd and Group Company Secretary Penny Thomas each acquired partnership shares and received free matching shares in Crest Nicholson ordinary stock, with Thomas also receiving additional dividend shares; the transactions, partly executed outside a trading venue and on the London Stock Exchange’s main market, underline continued executive participation in the company’s equity schemes and incremental alignment of management with shareholder outcomes.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Confirms Total Voting Rights and Issued Share Capital

Crest Nicholson Holdings plc has confirmed that, as at 23 December 2025, its issued share capital comprises 256,939,115 ordinary shares of 5p each, all carrying one vote per share, with no shares held in treasury. The disclosed total voting rights figure serves as the reference denominator for shareholders and market participants when assessing and notifying any interests or changes in interests in the company’s shares under UK regulatory transparency rules, supporting clear oversight of the company’s ownership structure.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £230.00 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 Under Incentive Plan

Crest Nicholson Holdings PLC announced the acquisition of partnership and matching shares by key executives under the company’s Share Incentive Plan. This move, involving the CEO, CFO, and Group Company Secretary, reflects the company’s strategy to align management interests with shareholder value, potentially impacting stakeholder confidence and market perception.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Director Appointed to Senior Role at STV Group

Crest Nicholson Holdings plc has announced the appointment of Gillian Kent, a Non-Executive Director of the company, to the position of Non-Executive Director and Senior Independent Director at STV Group plc. This move highlights the company’s strong leadership presence and may enhance its strategic influence in the industry.

The most recent analyst rating on (GB:CRST) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Updates Share Capital and Voting Rights

Crest Nicholson Holdings plc announced that as of 28 November 2025, its issued share capital consists of 256,935,953 ordinary shares, each carrying one voting right. This information is crucial for shareholders to determine their notification requirements regarding their interests in the company’s shares, as per FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:CRST) stock is a Hold with a £2.10 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 Strategic Progress Amid Challenging Market Conditions

Crest Nicholson Holdings PLC has reported progress on its strategic priorities, particularly in land sales, as part of its Project Elevate transformation plan. Despite facing a subdued housing market and uncertainties in government tax policy, the company has managed to maintain a strong balance sheet and expects its adjusted profit before tax for FY25 to be at the low end of guidance. The company has also made strides in improving build quality, sales performance, and customer satisfaction, while securing key planning wins to support future growth.

The most recent analyst rating on (GB:CRST) stock is a Hold with a £167.00 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 Align Interests with Stakeholders

Crest Nicholson Holdings PLC announced transactions involving its top executives, including CEO Martyn Clark, CFO Bill Floydd, and Group Company Secretary Penny Thomas, who acquired shares through the company’s Share Incentive Plan. This move reflects the company’s strategy to align management interests with shareholder value, potentially impacting its market perception and stakeholder confidence.

The most recent analyst rating on (GB:CRST) stock is a Hold with a £167.00 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 31 October 2025, with an issued share capital of 256,933,278 ordinary shares. This information is crucial for shareholders to determine their interest in the company’s shares, impacting their voting rights and potential influence in corporate decisions.

The most recent analyst rating on (GB:CRST) stock is a Hold with a £167.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.

Crest Nicholson Appoints Gillian Kent as Non-Executive Director

Crest Nicholson Holdings PLC has announced the appointment of Gillian Kent as a Non-Executive Director, effective from November 1, 2025. With over 25 years of experience in digital businesses and significant expertise in market and brand building, Kent will join the Audit and Risk, Remuneration, and Nomination Committees. She will also assume the roles of Senior Independent Director and Chair of the Remuneration Committee following the departure of Octavia Morley in March 2026. This strategic appointment is expected to enhance the board’s capabilities and support the company’s growth and governance.

The most recent analyst rating on (GB:CRST) stock is a Hold with a £169.00 price target. To see the full list of analyst forecasts on Crest Nicholson Holdings stock, see the GB:CRST Stock Forecast page.