Ibstock (IBST) AI Stock Analysis

• Market Cap: £535.97M
• Dividend Yield: 2.48%
• Average Volume (3M): 1.29M
• Price to Earnings (P/E): 44.1
• Beta (1Y): 1.38
• Revenue Growth: 5.58%
• EPS Growth: 66.49%
• Country: UK
• Employees: 1,949
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 0.03
• Shares Outstanding: 394,679,500
• 10 Day Avg. Volume: 1,487,422
• 30 Day Avg. Volume: 1,285,310
• PEG Ratio: -1.58
• Price to Book (P/B): 1.77
• Price to Sales (P/S): 1.91
• P/FCF Ratio: 83.02
• 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: £177.00
• Price Target Upside: 31.50% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: 127.00p ▼(-5.65% Downside)

Ibstock's overall stock score reflects moderate financial performance with stable balance sheet but challenges in revenue and free cash flow. Technical analysis indicates bearish momentum, and the high P/E ratio suggests overvaluation. The lack of earnings call data and corporate events limits further insights.

Positive Factors

Market Position

Ibstock's strong market position in the UK construction materials sector supports its revenue stability and growth potential, leveraging ongoing housing and infrastructure development.

Sustainability Focus

Ibstock's commitment to sustainability aligns with industry trends towards eco-friendly construction, potentially enhancing brand value and customer loyalty over time.

Financial Stability

Ibstock's strong equity base and manageable debt levels provide financial resilience, supporting long-term operational and strategic flexibility.

Negative Factors

Declining Revenue

Declining revenue growth poses challenges to Ibstock's top-line expansion, potentially affecting its ability to invest in growth initiatives and maintain competitive positioning.

Free Cash Flow Decline

The decline in free cash flow growth due to capital expenditures may constrain Ibstock's liquidity, impacting its ability to fund operations and strategic investments.

Low Return on Equity

Low ROE indicates limited efficiency in generating returns from equity, which may affect investor confidence and the company's ability to attract capital for growth.

Ibstock Business Overview & Revenue Model

Company Description

Ibstock plc manufactures and sells clay and concrete building products and solutions primarily in the United Kingdom. Its principal products include clay bricks, brick components, concrete roof tiles, concrete stone masonry substitutes, concrete fencing, pre-stressed concrete, and concrete rail products. The company provides facing bricks, special bricks, walling stones, architectural masonry products, facade systems, retaining walls, sills and arches, and padstones, as well as lintels, sills, and arches; cladding solutions; roof tiles, roof window systems, chimneys, soffits, and roofing accessories; and fencings, caps and copings, bollards, balustrades, path edgings, and urban landscaping products. It also offers floor beams, door steps, gully surrounds, screed rails, insulated floorings, and hollowcore products; and rail and infrastructure products, such as troughing, cable theft protection, boards, blocks, bases, catchpits, and inspection chambers. In addition, the company offers engraving, cutting, and bonding services; floor beam and block design, supply, and fitting solutions; bespoke concrete products; and staircases and lift shafts services. Its products are used in new build housing; repair, maintenance, and improvement; and infrastructure markets. The company sells its products under the Forticrete, Supreme, Anderton, and Longley brands to customers in the construction industry. Ibstock plc was founded in 1825 and is headquartered in Ibstock, the United Kingdom.

How the Company Makes Money

Ibstock generates revenue through the sale of its core building products, which include a diverse range of bricks and concrete solutions. The company's primary revenue streams come from direct sales to builders, construction firms, and distributors. Additionally, Ibstock benefits from various partnerships with construction companies and architects, allowing it to secure significant contracts for large-scale projects. The company's focus on sustainability and eco-friendly products also positions it favorably in a market increasingly demanding green building solutions, potentially enhancing its revenue through premium pricing for such offerings. Ibstock’s strategic investments in manufacturing technology and operational efficiency further contribute to its profitability by reducing costs and increasing production capacity.

Ibstock Financial Statement Overview

Summary

Ibstock's financial performance is mixed, with moderate profitability and operational efficiency. The income statement shows declining revenue and free cash flow, while the balance sheet indicates financial stability with manageable leverage and a strong equity base.

Income Statement

Ibstock's income statement shows moderate profitability and mixed growth trends. Gross Profit Margin stands at 31.2%, and Net Profit Margin at 4.1% for 2024, indicating operational efficiency but lower net results. The Revenue Growth Rate has been negative recently, suggesting challenges in top-line growth, and both EBIT Margin (7.4%) and EBITDA Margin (21.6%) reflect reasonable operational performance but with potential room for improvement.

Balance Sheet

The balance sheet for Ibstock demonstrates financial stability with a Debt-to-Equity Ratio of 0.42, indicating manageable leverage. Return on Equity (ROE) is relatively low at 3.8%, pointing to moderate shareholder returns. The Equity Ratio of 52.5% signifies a strong equity buffer supporting asset base, suggesting financial resilience.

Cash Flow

Cash flow analysis highlights a recent decline in Free Cash Flow Growth Rate due to capital expenditures, impacting liquidity. The Operating Cash Flow to Net Income Ratio of 3.55 shows strong cash generation from operations relative to net income, while Free Cash Flow to Net Income Ratio at 0.56 suggests moderate conversion of profits to free cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	381.46M	366.21M	405.84M	512.89M	408.66M	316.17M
Gross Profit	113.24M	114.33M	143.75M	196.61M	140.83M	79.94M
EBITDA	75.36M	69.52M	77.56M	148.27M	109.24M	17.53M
Net Income	12.15M	15.09M	21.06M	86.91M	31.81M	-28.02M
Balance Sheet
Total Assets	786.62M	752.11M	754.23M	762.78M	756.14M	679.82M
Cash, Cash Equivalents and Short-Term Investments	22.59M	9.29M	23.87M	54.28M	61.20M	19.55M
Total Debt	199.54M	165.93M	168.32M	133.31M	127.25M	117.81M
Total Liabilities	395.74M	356.84M	354.36M	346.57M	332.91M	281.95M
Stockholders Equity	390.89M	395.26M	399.87M	416.16M	423.23M	397.87M
Cash Flow
Free Cash Flow	16.09M	8.42M	-9.82M	58.10M	55.14M	20.49M
Operating Cash Flow	57.85M	53.66M	58.25M	122.03M	86.50M	44.56M
Investing Cash Flow	-38.52M	-44.55M	-68.50M	-57.00M	-28.02M	-20.10M
Financing Cash Flow	-3.44M	-23.68M	-20.14M	-71.97M	-16.80M	-23.94M

Ibstock Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 134.60
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:IBST, the sentiment is Positive. The current price of 134.6 is above the 20-day moving average (MA) of 130.89, above the 50-day MA of 132.63, and below the 200-day MA of 152.43, indicating a neutral trend. The MACD of 0.24 indicates Negative momentum. The RSI at 55.06 is Neutral, neither overbought nor oversold. The STOCH value of 73.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:IBST.

Ibstock Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SRC	69 Neutral	£1.25B	28.03	6.07%	―	32.27%	―
MSLH	65 Neutral	£426.34M	18.00	3.57%	4.27%	1.31%	10.19%
BREE	65 Neutral	£1.16B	12.86	7.90%	4.57%	7.83%	-7.40%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MBH	61 Neutral	£79.26M	15.26	5.71%	5.38%	-0.29%	-33.41%
FORT	60 Neutral	£383.32M	24.43	7.03%	2.14%	15.99%	96.05%
IBST	54 Neutral	£535.97M	44.09	3.10%	2.48%	5.58%	66.49%

Ibstock Corporate Events

Ibstock Plc Faces Weaker Demand but Maintains Market Share and Strategic Progress

Ibstock Plc reported a weaker than expected demand in its core construction markets during the third quarter of 2025, impacting revenues from its clay and concrete businesses. Despite this, the company maintained its market share and achieved higher productivity and operational efficiency. The company is focusing on cash management and strategic growth projects, including the development of new products and facilities, to position itself for future market recovery. While the near-term outlook remains uncertain, Ibstock continues to progress with its long-term strategic initiatives, expecting to benefit from recent investments as market conditions improve.

The most recent analyst rating on (GB:IBST) stock is a Hold with a £143.00 price target. To see the full list of analyst forecasts on Ibstock stock, see the GB:IBST Stock Forecast page.

Ibstock Plc Appoints Simon Bedford as Interim CFO Amid Strategic Growth

Ibstock Plc has announced the appointment of Simon Bedford as Interim Chief Financial Officer following Chris McLeish’s departure. Bedford, who has been with Ibstock since 2020 and has extensive experience from Rolls Royce, will serve until a permanent successor is found. This leadership change occurs as Ibstock continues its strategic focus on sustainability and growth in the UK construction market.

The most recent analyst rating on (GB:IBST) stock is a Hold with a £170.00 price target. To see the full list of analyst forecasts on Ibstock stock, see the GB:IBST Stock Forecast page.

Ibstock Plc Announces Share Capital and Voting Rights Update

Ibstock Plc announced its total voting rights and share capital as of September 30, 2025. The company’s issued share capital consists of 409,631,594 ordinary shares, with 14,952,092 held as treasury shares, resulting in 394,679,502 shares with voting rights. This information is crucial for shareholders and others with notification obligations under the Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:IBST) stock is a Hold with a £170.00 price target. To see the full list of analyst forecasts on Ibstock stock, see the GB:IBST Stock Forecast page.

Ibstock plc Announces Sharesave Plan Awards

Ibstock plc has announced the grant of awards under its Sharesave Plan, which is an all-employee savings-related share option plan. The plan includes an option for the CEO, Joe Hudson, to purchase 8,048 ordinary shares at an exercise price of 114p per share, reflecting the company’s commitment to employee investment and engagement.

The most recent analyst rating on (GB:IBST) stock is a Buy with a £188.00 price target. To see the full list of analyst forecasts on Ibstock stock, see the GB:IBST Stock Forecast page.

Ibstock Plc Sees Strong Volume Growth Amid Market Recovery

Ibstock Plc reported strong volume growth in the first half of 2025, driven by market recovery, particularly in the new-build residential sector. Despite a decrease in profitability due to cost inflation and increased costs for restoring network capacity, the company remains optimistic about future growth. Strategic investments in network capacity and sustainable production technologies position Ibstock well for capitalizing on market recovery. The company anticipates further volume growth in the second half of the year and expects adjusted EBITDA for the full year to be between £77 million and £82 million. Ibstock is also making progress in its diversified growth strategy, with significant contributions expected from Ibstock Futures in the coming years.

The most recent analyst rating on (GB:IBST) stock is a Hold with a £200.00 price target. To see the full list of analyst forecasts on Ibstock stock, see the GB:IBST Stock Forecast page.