MJ Gleeson PLC (GLE) AI Stock Analysis

• Market Cap: £231.75M
• Dividend Yield: 2.07%
• Average Volume (3M): 316.77K
• Price to Earnings (P/E): 14.0
• Beta (1Y): 1.04
• Revenue Growth: 13.91%
• EPS Growth: -2.75%
• Country: UK
• Employees: 709
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Residential Construction
• EPS (TTM): 0.05
• Shares Outstanding: 58,428,127
• 10 Day Avg. Volume: 826,845
• 30 Day Avg. Volume: 316,769
• PEG Ratio: -0.30
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.55
• 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: £475.00
• Price Target Upside: 23.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 64 Neutral
• Price Target: 413.00p ▲(6.99%Upside)

MJ Gleeson PLC's overall score is driven by stable financial performance and positive insider transactions. However, technical indicators and market challenges weigh on the stock, suggesting caution.

Positive Factors

Company Growth

MJ Gleeson is one of the top picks due to its low land cost, allowing it to grow faster than peers.

Market Position

MJ Gleeson is favored for its exposure to first-time buyers and northern regions, where affordability is better compared to other parts of the UK.

Sales Growth

Homes comes into the second half with improving momentum, reporting a reservation rate of 0.77 per site per week, up 45% on the comparable period.

Negative Factors

Profitability

H1 results were as expected with adjusted PBT down 50% due to timing of land sales and a little more margin pressure in Homes.

MJ Gleeson PLC Business Overview & Revenue Model

Company Description

MJ Gleeson PLC is a UK-based company primarily engaged in the housebuilding and land development sectors. The company operates through two main divisions: Gleeson Homes, which focuses on building affordable homes for first-time buyers, and Gleeson Strategic Land, which specializes in promoting land through the planning system and selling it to developers. With a focus on providing value-for-money housing, MJ Gleeson plays a crucial role in addressing the UK's housing shortage while maintaining a strong commitment to sustainability and community development.

How the Company Makes Money

MJ Gleeson PLC generates revenue through its two main divisions. Gleeson Homes contributes to the majority of the company's income by constructing and selling affordable homes, primarily targeting first-time buyers and low-income families. The company strategically acquires land, develops residential properties, and sells them at competitive prices. Gleeson Strategic Land, on the other hand, generates income by acquiring land, obtaining planning permissions, and selling the land to other developers at a profit. This division benefits from its expertise in navigating the complex planning system and identifying opportunities to unlock value from land assets. Together, these divisions enable MJ Gleeson to capitalize on the demand for affordable housing and strategic land development in the UK.

MJ Gleeson PLC Financial Statement Overview

Summary

MJ Gleeson PLC has a strong balance sheet and a solid equity base, providing financial stability. However, growth in revenue and net income is limited, and cash flow stability requires attention. Strategic initiatives may be needed to enhance growth prospects and optimize cash flow operations.

Income Statement

MJ Gleeson PLC shows a mixed performance in its income statement. The gross profit margin is healthy, indicating efficient cost management. However, the net profit margin has declined over the years, primarily due to a decrease in EBIT and EBITDA margins. Revenue growth in the latest period is modest at 5.2%, suggesting potential challenges in expanding market share or pricing power. Overall, the company displays stable profitability but faces growth headwinds.

Balance Sheet

The company's balance sheet is robust with a strong equity position. The debt-to-equity ratio is low, reflecting minimal leverage and conservative financial management. The equity ratio is impressive, indicating a high proportion of assets financed through equity. Return on equity has seen fluctuations but remains solid, suggesting effective use of shareholder funds. The strong equity base provides a cushion against potential financial uncertainties.

Cash Flow

Cash flow statements indicate volatility, with operating cash flow recovering positively after a dip. The free cash flow growth rate is substantial, indicating improved cash generation capabilities. However, cash flow to net income ratios suggest some inconsistencies in converting net income to cash, pointing to potential working capital challenges. The overall cash position has improved, but continued focus on cash flow stability is necessary.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
351.73M	345.35M	328.32M	373.41M	288.57M	147.18M
	Gross Profit
78.50M	84.53M	90.09M	97.79M	89.34M	40.44M
	EBIT
16.14M	28.55M	32.54M	43.93M	43.08M	5.93M
	EBITDA
29.33M	33.12M	37.53M	59.92M	46.05M	8.67M
	Net Income Common Stockholders
16.52M	19.31M	24.17M	35.09M	33.87M	4.52M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
0.00	12.93M	5.16M	33.76M	34.33M	76.81M
	Total Assets
388.27M	378.05M	376.33M	367.56M	313.13M	322.05M
	Total Debt
22.68M	5.08M	5.14M	3.01M	60.00M	60.00M
	Net Debt
22.68M	-5.61M	-15.00K	-30.75M	25.67M	-16.81M
	Total Liabilities
91.10M	80.31M	90.31M	95.38M	68.20M	109.45M
	Stockholders Equity
297.17M	297.74M	286.02M	272.18M	244.93M	212.60M
Cash Flow		Free Cash Flow
8.12M	15.95M	-18.86M	8.15M	20.35M	-17.06M
	Operating Cash Flow
9.57M	17.99M	-14.42M	11.84M	24.18M	-14.65M
	Investing Cash Flow
-1.03M	-1.33M	-3.15M	-2.10M	-2.97M	-1.28M
	Financing Cash Flow
-4.88M	-8.88M	-11.03M	-10.30M	-63.69M	62.43M

MJ Gleeson PLC Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 386.00
• 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 386 is below the 20-day moving average (MA) of 460.50, below the 50-day MA of 476.54, and below the 200-day MA of 512.49, indicating a bearish trend. The MACD of -33.35 indicates Positive momentum. The RSI at 30.18 is Neutral, neither overbought nor oversold. The STOCH value of 19.77 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	71 Outperform	£114.88M	12.65	5.82%	1.04%	-14.19%	9.78%
VTY	69 Neutral	£2.22B	31.22	2.27%	―	6.04%	-66.96%
GLE	64 Neutral	£231.75M	14.01	5.65%	2.07%	13.91%	-2.75%
BWY	64 Neutral	£3.51B	23.89	4.22%	1.41%	-11.63%	-31.81%
Sector *	62 Neutral	$6.90B	11.05	2.80%	4.27%	2.67%	-24.92%
WJG	54 Neutral	£77.00M	48.31	-0.29%	―	-27.17%	98.73%
CRST	51 Neutral	£507.48M	―	-13.06%	1.22%	-5.98%	-677.54%

MJ Gleeson PLC Corporate Events

MJ Gleeson Director Increases Shareholding

MJ Gleeson PLC announced that Fiona Goldsmith, a Non-Executive Director, acquired 5,000 ordinary shares of the company at 397 pence per share, increasing her total shareholding to 37,000 shares, representing 0.0634% of the issued share capital. This transaction, conducted on the London Stock Exchange, reflects insider confidence and may positively influence stakeholder perceptions of the company’s market position.

The most recent analyst rating on (GB:GLE) stock is a Buy with a £500.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.

MJ Gleeson Directors Acquire Shares Through Employee Scheme

MJ Gleeson PLC announced that several of its directors and persons discharging management responsibilities acquired ordinary shares in the company through a Profit Sharing Employee Share Ownership Scheme. This transaction reflects the company’s commitment to aligning the interests of its management with shareholders and could enhance stakeholder confidence in the company’s future performance.

The most recent analyst rating on (GB:GLE) stock is a Buy with a £500.00 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 Reports Change in Major Holdings

MJ Gleeson PLC, a UK-based company, has reported a change in its major holdings due to an acquisition or disposal of voting rights by Aberforth Partners LLP. As of June 3, 2025, Aberforth Partners LLP holds 6.26% of the voting rights in MJ Gleeson PLC, amounting to 3,657,473 voting rights. This change reflects a significant stake in the company, potentially impacting its governance and strategic decisions.

The most recent analyst rating on (GB:GLE) stock is a Buy with a £500.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.

MJ Gleeson CEO Increases Stake in Company

Graham Prothero, the CEO of MJ Gleeson PLC, has acquired 7,692 ordinary shares of the company at 390 pence per share, increasing his total shareholding to 74,811 shares, which represents 0.1281% of the issued share capital. This transaction, conducted on the London Stock Exchange, reflects a potential vote of confidence in the company’s future prospects by its leadership.

The most recent analyst rating on (GB:GLE) stock is a Buy with a £642.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.

MJ Gleeson Faces Challenges with Lowered Profit Expectations

MJ Gleeson plc announced that the recovery in the housing market has not been sufficient to counteract various challenges faced by Gleeson Homes, including increased build costs and flat selling prices, leading to a gross margin reduction of about 1%. Additionally, the anticipated disposal of a land holding in East Yorkshire will not proceed, resulting in an expected operating profit for Gleeson Homes that is 15% to 20% below current expectations. Looking forward, planning delays are expected to impact Gleeson Homes’ operations into FY2026, with a continued reduction in gross margin. Meanwhile, Gleeson Land has completed three transactions and is working on seven more disposals to be completed by year-end.

The most recent analyst rating on (GB:GLE) stock is a Buy with a £642.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.

MJ Gleeson Directors Acquire Shares Under Employee Scheme

MJ Gleeson PLC announced that several of its directors and persons discharging management responsibilities, including the CEO and CFO, acquired ordinary shares in the company through a Profit Sharing Employee Share Ownership Scheme. This move, conducted on the London Stock Exchange, reflects the company’s commitment to aligning the interests of its management with those of its shareholders, potentially strengthening stakeholder confidence and enhancing market positioning.

Leadership Transition at MJ Gleeson PLC as Chair Steps Down

MJ Gleeson PLC announced the resignation of James Thomson from the Board, where he served as Chair since January 2023 and previously as Chief Executive. His departure follows a successful transition to new Chief Executive Graham Prothero and is attributed to increasing demands on his time. Fiona Goldsmith will temporarily assume the role of Chair. This leadership change is expected to maintain the company’s strategic direction and stability, ensuring continued progress in its affordable housing and land promotion operations.

MJ Gleeson Directors Acquire Shares, Aligning Interests with Stakeholders

MJ Gleeson PLC announced that several of its directors and persons discharging management responsibilities have acquired ordinary shares in the company through a Profit Sharing Employee Share Ownership Scheme. This move, involving key figures such as the CEO and CFO, reflects a commitment to aligning management interests with shareholder value, potentially strengthening stakeholder confidence.

MJ Gleeson Directors Acquire Shares via Dividend Re-Investment Plan

MJ Gleeson PLC announced that its directors and persons discharging management responsibilities, including Chief Financial Officer Stefan Allanson, Chief Executive Officer Graham Prothero, and Chief Executive of Gleeson Homes Mark Knight, have acquired ordinary shares through the company’s Dividend Re-Investment Plans (DRIP). This transaction reflects the company’s ongoing commitment to aligning management interests with shareholder value, potentially strengthening stakeholder confidence in the company’s strategic direction.