MJ Gleeson PLC (GB:GLE)
LSE:GLE
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MJ Gleeson PLC
(LSE:GLE)
Select Model
Select Model
Rating:51Neutral
Price Target:
229.00 p
▼(-16.27% Downside)
Action:DowngradedDate:03/22/26
The score is held back primarily by very weak technicals (price below all key moving averages, bearish MACD, and extremely low RSI) and a demanding P/E valuation. Financial performance is mixed—strong balance sheet and modest revenue growth, but pressured margins and negative recent operating/free cash flow reduce confidence.
Positive Factors
Diversified business model (Homes and Land)
Operating both housebuilding and land-promotion creates two complementary revenue streams. Land promotion captures planning uplift value while homes sales realize building margins, reducing reliance on a single cash source and providing strategic optionality across housing cycles.
Negative Factors
Margin compression
Declining gross and net margins point to rising build or land costs and/or limited pricing power in targeted affordable segments. Persistent margin erosion reduces profit per unit, undermines return on invested capital and makes growth more shareholder-dilutive over time.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified business model (Homes and Land)
Operating both housebuilding and land-promotion creates two complementary revenue streams. Land promotion captures planning uplift value while homes sales realize building margins, reducing reliance on a single cash source and providing strategic optionality across housing cycles.
Read all positive factors
MJ Gleeson PLC (GLE) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£132.71M
Dividend Yield2.38%
Average Volume (3M)144.10K
Price to Earnings (P/E)47.4
Beta (1Y)1.00
Revenue Growth8.34%
EPS Growth-13.44%
CountryUK
Employees709
SectorConsumer Cyclical
Sector Strength84
IndustryResidential Construction
Share Statistics
EPS (TTM)0.03
Shares Outstanding58,428,127
10 Day Avg. Volume56,836
30 Day Avg. Volume144,102
Financial Highlights & Ratios
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£275.00Price Target Upside0.55% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)0.23
Revenue Forecast (FY)£397.33M
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 Eng...
How the Company Makes Money
MJ Gleeson makes money primarily through two operating segments: (1) Gleeson Homes: This division generates revenue mainly from the sale of newly built residential properties to private customers (and potentially other channels such as bulk or par...
MJ Gleeson PLC Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
75
Positive
Cash Flow
50
Neutral
| 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
Neutral
273.50
Price Trends
308.27
Negative
352.50
Negative
351.58
Negative
Market Momentum
-10.09
Negative
44.48
Neutral
52.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GLE, the sentiment is Neutral. The current price of 273.5 is above the 20-day moving average (MA) of 268.10, below the 50-day MA of 308.27, and below the 200-day MA of 351.58, indicating a neutral trend. The MACD of -10.09 indicates Negative momentum. The RSI at 44.48 is Neutral, neither overbought nor oversold. The STOCH value of 52.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:GLE.
MJ Gleeson PLC Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £119.75M | 12.62 | 8.30% | 1.63% | 12.94% | 57.01% | |
62 Neutral | £2.14B | 8.04 | 4.43% | 2.62% | 13.29% | 7.12% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
54 Neutral | £1.01B | 15.19 | 4.20% | ― | -4.38% | 100.09% | |
51 Neutral | £132.71M | 47.38 | 5.23% | 2.38% | 8.34% | -13.44% | |
46 Neutral | £57.79M | -2.83 | -6.53% | ― | -22.78% | -543.24% | |
40 Underperform | £166.87M | 192.98 | 0.30% | 1.79% | -1.20% | ― |
* Consumer Cyclical Sector Average
GB:GLE
MJ Gleeson PLC
227.50
-264.43
-53.75%
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MJ Gleeson PLC Corporate Events
Business Operations and StrategyFinancial Disclosures
MJ Gleeson Sets Timetable for FY2026 Trading Updates and Results
Neutral
Apr 23, 2026
MJ Gleeson plc has outlined its timetable for financial communications for the year ending 30 June 2026, confirming it will issue a further trading update on 1 May 2026, followed by a pre-close trading statement on 10 July 2026 and full-year resul...
DividendsRegulatory Filings and Compliance
MJ Gleeson Executives Add Shares Through Dividend Reinvestment Plan
Positive
Apr 14, 2026
MJ Gleeson plc has disclosed that senior executives acquired additional ordinary shares through the company’s dividend reinvestment plan, in line with UK Market Abuse Regulation reporting rules. Chief Financial Officer Stefan Allanson, Chief...
Executive/Board ChangesRegulatory Filings and Compliance
MJ Gleeson Executives Add Shares Through HMRC-Approved Employee Scheme
Positive
Apr 14, 2026
MJ Gleeson Plc has disclosed that several senior executives, including the chief executive, chief financial officer, chief operating officer of Gleeson Homes and the company secretary, have acquired small tranches of ordinary shares under an HMRC-...
Regulatory Filings and Compliance
MJ Gleeson Executives Add Shares via HMRC-Approved Employee Scheme
Neutral
Mar 6, 2026
MJ Gleeson Plc has disclosed that several senior executives, including the chief executive, chief financial officer, chief operating officer of Gleeson Homes and the company secretary, have acquired small tranches of ordinary shares under an HMRC-...
Business Operations and StrategyFinancial Disclosures
MJ Gleeson posts resilient H1 as margins tighten and outlook hinges on spring selling season
Negative
Feb 11, 2026
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...
Business Operations and StrategyRegulatory Filings and Compliance
MJ Gleeson Executives Acquire Shares Under Employee Ownership Scheme
Neutral
Feb 9, 2026
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 purchas...
Business Operations and StrategyFinancial Disclosures
MJ Gleeson to Present Half-Year Results via Engage Investor Platform
Positive
Feb 9, 2026
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...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.