MJ Gleeson PLC (GLE) AI Stock Analysis

• Market Cap: £189.01M
• Dividend Yield: 2.38%
• Average Volume (3M): 144.10K
• Price to Earnings (P/E): 47.4
• Beta (1Y): 0.60
• Revenue Growth: 5.93%
• EPS Growth: -18.20%
• Country: UK
• Employees: 709
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Residential Construction
• EPS (TTM): 0.03
• Shares Outstanding: 58,428,127
• 10 Day Avg. Volume: 56,836
• 30 Day Avg. Volume: 144,102
• PEG Ratio: -0.81
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 0.63
• P/FCF Ratio: -38.68
• 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: £432.50
• Price Target Upside: 33.49% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.26
• Revenue Forecast (FY): £403.06M

• Rating: 72 Outperform
• Price Target: 364.00p ▲(12.35% Upside)
• Action: Upgraded Date: 12/07/25
• Date: Action: Upgraded 12/07/25

MJ Gleeson PLC's overall stock score is driven by strong technical indicators and positive corporate events, indicating confidence in future performance. However, financial performance challenges, particularly in profitability and cash flow, moderate the score.

Positive Factors

Balance sheet strength

A low leverage profile and healthy equity ratio give Gleeson flexibility to acquire land and weather housing cycles without immediate refinancing pressure. This durable capital structure supports strategic land promotion and phased build programmes, preserving optionality over 2–6 months and beyond.

Consistent revenue growth

Sustained revenue growth indicates persistent demand for Gleeson’s homes and/or successful land disposals. Over the medium term this supports capacity utilisation and absorptive overhead coverage, helping to stabilise margins if build-cost inflation is managed and sales rates remain steady.

Diversified developer/promoter model

Operating both housebuilding and land-promotion captures value at different points of the housing supply chain. Land promotion monetises planning uplift while Gleeson Homes provides recurring completions revenue, reducing single-stream exposure and enabling capital recycling across projects over the medium term.

Negative Factors

Margin compression

Declining gross and net margins point to sustained cost pressure or weakening pricing power. If build-cost inflation or land cost resets persist, margin compression will erode operating leverage, reduce retained earnings and constrain reinvestment into land pipelines and housebuilding capacity.

Cash flow volatility

Volatile and negative operating/free cash flow undermines the company’s ability to self-fund land acquisitions and site infrastructure. Persisting cash conversion issues increase reliance on external financing or asset disposals, elevating execution risk and limiting strategic flexibility.

Declining return on equity

A falling ROE suggests the business is generating lower returns from shareholders' capital, reflecting weaker margin conversion or suboptimal capital allocation. Over months this reduces capital efficiency, may pressure dividends or reinvestment, and raises governance questions on execution.

MJ Gleeson PLC Business Overview & Revenue Model

Company Description

MJ Gleeson plc engages in low-cost house building and land promotion activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Land. It also engages in the house building activities in the north of England and Midlands; and sale of land in the south of England. The company was incorporated in 2014 and is headquartered in Sheffield, the United Kingdom.

How the Company Makes Money

MJ Gleeson PLC generates revenue through the sale of residential properties developed under its Gleeson Homes division. The company primarily targets the affordable housing market, which allows it to benefit from government incentives and demand for lower-cost homes. Additionally, Gleeson Land contributes to the revenue by selling developed land parcels to other builders and developers, thus creating a dual revenue stream. The company's profitability is further bolstered by strategic partnerships with local authorities and housing associations, which facilitate land acquisition and development projects. Overall, MJ Gleeson's business model is centered on efficient land use, cost-effective building practices, and a focus on meeting the specific needs of the housing market.

MJ Gleeson PLC Financial Statement Overview

Summary

MJ Gleeson PLC shows positive revenue growth but faces challenges with declining profit margins and volatile cash flows. The strong balance sheet with low leverage is a positive, but declining ROE indicates inefficiencies.

Income Statement

MJ Gleeson PLC has shown a consistent revenue growth trend over the past few years, with a 4% increase in the latest period. However, margins have been under pressure, with gross profit and net profit margins declining over the years. The EBIT and EBITDA margins have also seen a downward trend, indicating potential challenges in cost management or pricing power.

Balance Sheet

The company's balance sheet is strong with a low debt-to-equity ratio, indicating prudent financial management and low leverage risk. The equity ratio is healthy, showing a strong capital structure. However, the return on equity has been declining, which could point to efficiency issues in generating returns from equity.

Cash Flow

Cash flow performance has been volatile, with negative operating and free cash flows in the latest period. The free cash flow growth rate is negative, indicating potential liquidity challenges. The operating cash flow to net income ratio is negative, suggesting that earnings are not translating into cash flow effectively.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	381.06M	365.82M	345.35M	328.32M	373.41M	288.57M
Gross Profit	86.12M	83.17M	84.53M	90.09M	97.79M	89.34M
EBITDA	27.34M	28.31M	33.12M	36.67M	47.18M	46.05M
Net Income	14.32M	15.82M	19.31M	24.17M	35.09M	33.87M
Balance Sheet
Total Assets	441.35M	419.37M	378.05M	376.33M	367.56M	313.13M
Cash, Cash Equivalents and Short-Term Investments	1.44M	6.49M	12.93M	5.16M	33.76M	34.33M
Total Debt	23.96M	7.27M	5.08M	5.14M	3.01M	2.32M
Total Liabilities	136.30M	111.71M	80.31M	90.31M	95.38M	68.20M
Stockholders Equity	305.05M	307.67M	297.74M	286.02M	272.18M	244.93M
Cash Flow
Free Cash Flow	3.89M	-5.99M	15.95M	-18.86M	8.15M	20.35M
Operating Cash Flow	6.55M	-3.95M	17.99M	-14.42M	11.84M	24.18M
Investing Cash Flow	-2.60M	-1.72M	-1.33M	-3.15M	-2.10M	-2.97M
Financing Cash Flow	-4.42M	-3.04M	-8.88M	-11.03M	-10.30M	-63.69M

MJ Gleeson PLC Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 324.00
• 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:GLE, the sentiment is Negative. The current price of 324 is below the 20-day moving average (MA) of 347.56, below the 50-day MA of 380.04, and below the 200-day MA of 369.39, indicating a bearish trend. The MACD of -13.53 indicates Positive momentum. The RSI at 30.94 is Neutral, neither overbought nor oversold. The STOCH value of -4.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:GLE.

MJ Gleeson PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SPR	76 Outperform	£137.62M	12.62	8.56%	1.63%	5.26%	86.19%
GLE	72 Outperform	£189.01M	47.38	5.23%	2.38%	5.93%	-18.20%
BWY	65 Neutral	£2.84B	18.76	4.49%	2.62%	16.91%	20.93%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
VTY	54 Neutral	£1.50B	15.19	-0.31%	―	-0.57%	-104.08%
CRST	47 Neutral	£340.83M	192.98	-9.56%	1.79%	-3.50%	-176.18%
WJG	46 Neutral	£83.93M	-10.38	-6.53%	―	-22.78%	-543.24%

MJ Gleeson PLC Corporate Events

MJ Gleeson posts resilient H1 as margins tighten and outlook hinges on spring selling season

MJ Gleeson reported a resilient first-half performance in a subdued housing market, with group revenue rising 9.6% to £173.1m, driven by higher volumes and prices at Gleeson Homes and a rebound in Gleeson Land sales. However, operating profit fell 17.6% to £4.2m and pre-exceptional profit before tax dropped 44.4% to £2.0m, as margins were squeezed by rising build costs, incentives, softer bulk sales pricing and regulatory and tax headwinds.

Gleeson Homes increased completions to 848 units, lifted average selling prices by 2.5% and expanded its forward order book by 64% to 978 plots, while finalising a significant operational restructure expected to incur up to £4.5m of exceptional costs in the second half. Gleeson Land completed three disposals, secured planning on five sites slated for sale in FY2026 and submitted applications on 15 sites, giving the group a record pipeline, but management stressed that delivering full-year expectations depends on a strong spring selling season as recovery in demand and investor confidence remains fragile.

The most recent analyst rating on (GB:GLE) stock is a Hold with a £419.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.

MJ Gleeson Executives Acquire Shares Under Employee Ownership Scheme

MJ Gleeson has disclosed that several senior executives, including the chief executive, chief financial officer, chief operating officer of Gleeson Homes, and the company secretary, have each acquired 52 ordinary shares in the company. The purchases, executed on 5 February 2026 at £3.87 per share on the London Stock Exchange, were made through an HMRC-approved Profit Sharing Employee Share Ownership Scheme, underscoring ongoing alignment between management and investor interests and fulfilling UK Market Abuse Regulation disclosure requirements.

The most recent analyst rating on (GB:GLE) stock is a Hold with a £419.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.

MJ Gleeson to Present Half-Year Results via Engage Investor Platform

MJ Gleeson plc, the affordable housebuilder and strategic land promoter, will present its half-year results for the period ended 31 December 2025 via a live interactive session on the Engage Investor platform at 14:30 on Thursday, 12 February 2026. The event, to be led by Chief Executive Officer Graham Prothero and Chief Financial Officer Stefan Allanson, is open to existing and prospective investors who can register free of charge and follow the company through a personalised investor hub.

The planned presentation underscores MJ Gleeson’s ongoing efforts to engage more directly with retail and institutional investors as it pursues its strategy in affordable housing and land promotion markets across England. By using a digital investor platform, the company aims to broaden access to management commentary on trading and strategic priorities, potentially enhancing transparency and market understanding of its socially focused, sustainability-linked business model.

The most recent analyst rating on (GB:GLE) stock is a Hold with a £419.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.

MJ Gleeson Sees Solid First Half and Builds Order Book Despite Subdued Housing Market

MJ Gleeson plc reported a solid first-half trading performance for the six months to 31 December 2025, with the Board expecting full-year results to be in line with market expectations despite a subdued housing market. Gleeson Homes increased home completions by around 6% to 848 units, boosted net reservation rates and entered the second half with a significantly larger forward order book, while management focuses on rebuilding margins through higher selling prices, volume growth and cost efficiencies under its Project Transform restructuring, whose costs will be treated as exceptional. The division continues to face constraints from under-resourced local planning authorities, reflected in fewer active selling sites, but expects an uplift in open market sales through the spring selling season following a December interest rate cut and easing Budget-related uncertainty. Gleeson Partnerships delivered its first homes and is seeing strong interest from private rental investors and housing associations, while Gleeson Land completed three site sales, has five more in active disposal processes, and has secured a strong pipeline of promoted sites with increased planning submissions and consents, although one major sale remains dependent on final highways approval; the Group ended the period with net debt of £22.5 million, and management asserts the business is well positioned to pursue its strategic growth objectives.

The most recent analyst rating on (GB:GLE) stock is a Hold with a £427.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.

MJ Gleeson Executives Acquire Shares Through Employee Ownership Scheme

MJ Gleeson plc has disclosed that several senior executives, including the chief executive officer, chief financial officer, chief operating officer of Gleeson Homes and the company secretary, have each acquired 46 ordinary shares in the company at £4.27 per share via its HMRC-approved Profit Sharing Employee Share Ownership Scheme. The small but simultaneous purchases by multiple persons discharging managerial responsibilities, executed on 5 January 2026 on the London Stock Exchange, underscore ongoing management participation in the company’s equity-based incentive arrangements and provide additional transparency to investors in line with UK Market Abuse Regulation requirements.

The most recent analyst rating on (GB:GLE) stock is a Buy with a £435.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.

MJ Gleeson PLC Directors Acquire Shares Under Employee Scheme

MJ Gleeson PLC, a company listed on the London Stock Exchange, has announced that several of its directors and persons discharging management responsibilities have acquired ordinary shares in the company. This acquisition was made through a Profit Sharing Employee Share Ownership Scheme, which is approved by HMRC, at a price of £3.93 per share. The transactions, involving key figures such as the Chief Financial Officer, Company Secretary, Chief Executive Officer, and Chief Operating Officer, reflect a significant internal investment in the company, potentially signaling confidence in its future performance.

The most recent analyst rating on (GB:GLE) stock is a Buy with a £435.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.