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Mj Gleeson (GB:GLE)
:GLE
UK Market

MJ Gleeson PLC (GLE) AI Stock Analysis

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GB

MJ Gleeson PLC

(LSE:GLE)

Rating:64Neutral
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 (GLE) vs. iShares MSCI United Kingdom ETF (EWC)

MJ Gleeson PLC Business Overview & Revenue Model

Company DescriptionMJ 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 MoneyMJ 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
73
Positive
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
85
Very Positive
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
68
Positive
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
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
351.73M345.35M328.32M373.41M288.57M147.18M
Gross Profit
78.50M84.53M90.09M97.79M89.34M40.44M
EBIT
16.14M28.55M32.54M43.93M43.08M5.93M
EBITDA
29.33M33.12M37.53M59.92M46.05M8.67M
Net Income Common Stockholders
16.52M19.31M24.17M35.09M33.87M4.52M
Balance SheetCash, Cash Equivalents and Short-Term Investments
0.0012.93M5.16M33.76M34.33M76.81M
Total Assets
388.27M378.05M376.33M367.56M313.13M322.05M
Total Debt
22.68M5.08M5.14M3.01M60.00M60.00M
Net Debt
22.68M-5.61M-15.00K-30.75M25.67M-16.81M
Total Liabilities
91.10M80.31M90.31M95.38M68.20M109.45M
Stockholders Equity
297.17M297.74M286.02M272.18M244.93M212.60M
Cash FlowFree Cash Flow
8.12M15.95M-18.86M8.15M20.35M-17.06M
Operating Cash Flow
9.57M17.99M-14.42M11.84M24.18M-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-63.69M62.43M

MJ Gleeson PLC Technical Analysis

Technical Analysis Sentiment
Negative
Last Price386.00
Price Trends
50DMA
476.54
Negative
100DMA
476.42
Negative
200DMA
512.49
Negative
Market Momentum
MACD
-33.35
Positive
RSI
30.18
Neutral
STOCH
19.77
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

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBSPR
71
Outperform
£114.88M12.655.82%1.04%-14.19%9.78%
GBVTY
69
Neutral
£2.22B31.222.27%6.04%-66.96%
GBGLE
64
Neutral
£231.75M14.015.65%2.07%13.91%-2.75%
GBBWY
64
Neutral
£3.51B23.894.22%1.41%-11.63%-31.81%
62
Neutral
$6.90B11.052.80%4.27%2.67%-24.92%
GBWJG
54
Neutral
£77.00M48.31-0.29%-27.17%98.73%
51
Neutral
£507.48M-13.06%1.22%-5.98%-677.54%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:GLE
MJ Gleeson PLC
386.00
-152.07
-28.26%
GB:WJG
Watkin Jones
29.20
-17.40
-37.34%
GB:BWY
Bellway
2,946.00
400.91
15.75%
GB:VTY
Vistry Group
667.80
-548.20
-45.08%
GB:CRST
Crest Nicholson Holdings
188.60
-56.59
-23.08%
GB:SPR
Springfield Properties PLC
96.50
4.94
5.40%

MJ Gleeson PLC Corporate Events

Other
MJ Gleeson Director Increases Shareholding
Positive
Jun 12, 2025

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.

Business Operations and Strategy
MJ Gleeson Directors Acquire Shares Through Employee Scheme
Positive
Jun 10, 2025

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.

Business Operations and StrategyRegulatory Filings and Compliance
MJ Gleeson PLC Reports Change in Major Holdings
Neutral
Jun 6, 2025

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.

Other
MJ Gleeson CEO Increases Stake in Company
Positive
Jun 4, 2025

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.

Business Operations and StrategyFinancial Disclosures
MJ Gleeson Faces Challenges with Lowered Profit Expectations
Negative
Jun 3, 2025

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.

Business Operations and Strategy
MJ Gleeson Directors Acquire Shares Under Employee Scheme
Positive
May 7, 2025

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.

Executive/Board ChangesBusiness Operations and Strategy
Leadership Transition at MJ Gleeson PLC as Chair Steps Down
Neutral
Apr 24, 2025

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.

Business Operations and Strategy
MJ Gleeson Directors Acquire Shares, Aligning Interests with Stakeholders
Positive
Apr 8, 2025

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.

DividendsBusiness Operations and Strategy
MJ Gleeson Directors Acquire Shares via Dividend Re-Investment Plan
Positive
Apr 8, 2025

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.

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.