Forterra PLC

Forterra PLC

FORT · LSE · Basic Materials / Building Materials

153.80GBX-3.20 (-2.04%)

Price History

Full chart

Market Stats

Previous Close157.00
Open162.00
Day Range153.60 – 162.00
52-Week Range124.89 – 191.30
Volume384.26K
Market Cap299.30M
P/E (TTM)16.67
Forward P/E10.76
EPS0.09
Dividend Yield4.00%
Beta0.73
50-Day Avg142.66
200-Day Avg155.57

About

Forterra plc, together with its subsidiaries, provides building products made from clay and concrete for the construction sector in the United Kingdom. It operates through Bricks and Blocks; and Bespoke Products segments. The company offers fletton, extruded wirecut, soft mud, semi-dry pressed, and special shaped bricks; aircrete and aggregate blocks; façade systems, such as lightweight and brick slip cladding systems, prefabricated walling systems, and retained brick slip systems; precast concrete products, such as Jetfloor insulated ground floors, hollowcore and solid floors, beam and block floors, stairs and landings, and diesel transfer slabs; box culverts, bridge decks and retaining walls for infrastructure, crosswall frames, stadia components, and columns and beams for structural projects; chimney pots, clay ridge tiles, finials, gas flue terminals, and flue systems; and permeable block pavings. It sells its products under the London Brick, Butterley, Ecostock, Cradley, Omnia, Conbloc, Thermalite, Bison Precast, and Red Bank brands. The company was formerly known as Starzone plc and changed its name to Forterra plc in March 2016. Forterra plc was incorporated in 2016 and is headquartered in Northampton, the United Kingdom.

Company Details

  • SectorBasic Materials
  • IndustryBuilding Materials
  • CEOMr. Neil Alexander Ash
  • Employees1.50K
  • Headquarters5 Grange Park Court, Northampton, United Kingdom, NN4 5EA, UK
  • Websitehttps://www.forterra.co.uk

Leadership

  • Mr. Neil Alexander AshCEO & Director · b. 1971
  • Mr. Benjamin John GuyattCFO & Executive Director · b. 1975
  • Mr. Mark DaviesChief Operations Officer
  • Mr. Nicola ChapmanStrategy & Marketing Director
  • Ms. Sarah RentonGroup People Director
  • Mr. Tim DarlingHead of Land & Minerals
  • Ms. Frances Louise TockCompany Secretary
  • Mr. Darren RixStrategy Director

Financials

Income Statement

Currency: GBP2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue225.86M268.07M290.20M294.50M331.00M367.50M380.00M291.90M370.40M455.50M346.40M344.30M386.00M
Growth (%)-+18.69%+8.25%+1.48%+12.39%+11.03%+3.40%-23.18%+26.89%+22.98%-23.95%-0.61%+12.11%
Cost of Revenue162.67M167.74M167.70M175.20M196.80M230.20M244.70M227.20M242.00M294.80M245.70M241.30M257.80M
Gross Profit63.20M100.34M122.50M119.30M134.20M137.30M135.30M64.70M128.40M160.70M100.70M103.00M128.20M
Gross Margin27.98%37.43%42.21%40.51%40.54%37.36%35.61%22.17%34.67%35.28%29.07%29.92%33.21%
Operating Expense61.31M61.66M73.00M59.30M70.10M70.40M71.10M63.30M68.30M85.70M76.60M69.10M86.80M
Operating Income1.88M38.68M49.50M60.00M64.10M66.90M64.20M1.40M60.10M75.00M24.10M33.90M41.40M
Operating Margin0.83%14.43%17.06%20.37%19.37%18.20%16.89%0.48%16.23%16.47%6.96%9.85%10.73%
EBITDA12.21M46.95M59.10M61.70M73.60M78.60M78.40M15.10M76.50M91.40M58.30M54.70M61.00M
EBITDA Margin5.41%17.52%20.37%20.95%22.24%21.39%20.63%5.17%20.65%20.07%16.83%15.89%15.80%
Net Income-1.55M24.16M18.05M27.50M47.50M52.80M46.80M-5.60M45.50M58.80M12.80M17.50M17.00M
Net Income Margin-0.69%9.01%6.22%9.34%14.35%14.37%12.32%-1.92%12.28%12.91%3.70%5.08%4.40%
Interest Expense83.00K4.14M27.46M14.20M3.40M2.20M2.40M3.20M3.30M2.10M6.40M9.10M6.00M
Interest Expense % of Total Revenue0.04%1.54%9.46%4.82%1.03%0.60%0.63%1.10%0.89%0.46%1.85%2.64%1.55%

Balance Sheet

Currency: GBP2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-06-302023-12-312024-12-312025-12-31
Total Assets1.70B267.86M243.66M281.30M288.10M279.30M289.10M329.30M307.90M350.00M397.60M-444.70M442.40M417.10M
Total Liabilities312.12M53.23M472.25M491.90M218.90M174.60M154.90M173.10M103.80M115.20M177.10M-236.90M217.50M182.60M
Total Equity1.39B214.63M-228.59M-210.60M69.20M104.70M134.20M156.20M204.10M234.80M220.50M-207.80M224.90M234.50M
Cash21.96M13.81M20.98M24.20M56.20M29.00M26.00M26.60M31.50M41.50M34.30M-16.00M15.20M6.10M
Total Debt-2.58M405.00M405.00M147.80M89.40M64.50M83.80M24.90M17.10M58.00M-133.40M121.00M81.50M
Net Debt--11.23M384.02M380.80M91.60M60.40M38.50M57.20M-7.10M-25.00M23.70M-117.40M105.80M75.40M

Cash Flow

Currency: GBP2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow37.67M37.07M20.30M37.50M77.60M65.80M52.60M40.30M68.20M75.60M-20.00M42.20M58.30M
Investing Cash Flow-3.42M-5.34M-12.40M-8.80M-30.20M-18.40M-24.30M-24.90M-20.00M-41.20M-33.80M-25.60M-14.50M
Financing Cash Flow-33.82M-24.57M-4.70M3.30M-74.60M-50.40M-27.70M-10.50M-38.20M-41.60M35.50M-17.40M-52.90M
Capital Expenditure3.49M5.57M12.50M9.00M9.00M16.50M24.30M24.90M34.90M44.10M33.00M25.60M14.50M
Free Cash Flow34.18M31.50M7.80M28.50M68.60M49.30M28.30M15.40M33.30M31.50M-53.00M16.60M43.80M
Dividends Paid33.82M24.57M4.68M4.00M13.80M19.30M22.00M73.80M13.70M24.20M25.70M6.30M8.20M
FCF to OCF90.74%84.99%38.42%76.00%88.40%74.92%53.80%38.21%48.83%41.67%265.00%39.34%75.13%
Dividend Paid to FCF98.96%77.97%59.97%14.04%20.12%39.15%77.74%479.22%41.14%76.83%-48.49%37.95%18.72%

Earnings

Report DateFeb 3, 2016Aug 4, 2016Apr 13, 2017Aug 1, 2017Apr 6, 2018Jul 30, 2018Mar 12, 2019Jul 30, 2019Mar 10, 2020Sep 10, 2020Mar 8, 2021Jul 29, 2021Mar 10, 2022Jul 28, 2022Mar 9, 2023Mar 26, 2025Jul 29, 2025Mar 11, 2027
EPS Estimate0.000.000.000.000.0013.200.000.000.00-0.000.00---0.00--
EPS Actual-0.010.040.090.120.110.130.130.130.10-0.100.060.090.100.160.110.040.06-
Surprise------99.02%------------
Timing------------Pre-marketPre-marketPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap299.30M
Enterprise Value369.15M
Trailing P/E16.67
Forward P/E10.76
PEG Ratio0.91
Price / Sales0.83
Price / Book1.24
EPS0.09
Book Value1.07
Revenue (TTM)359.70M
Gross Profit (TTM)121.00M
EBITDA52.00M
Profit Margin5.37%
Operating Margin8.23%
Return on Equity8.51%
Return on Assets5.41%
Shares Outstanding199.54M
Shares Float171.38M
Beta0.73
Dividend Yield4.00%
Dividend Rate0.06
Payout Ratio68.13%

Dividends

20262×
0.02Sep 17, 20260.04Jun 11, 2026
20252×
0.02Sep 18, 20250.02Jun 12, 2025
20242×
0.01Sep 19, 20240.02Jun 13, 2024
20232×
0.02Sep 21, 20230.10Jun 15, 2023
20222×
0.05Sep 22, 20220.07Jun 16, 2022
20212×
0.03Sep 23, 20210.03Jun 17, 2021
20201×
5.59Jun 18, 2020
20192×
0.04Sep 19, 20190.07Jun 13, 2019
20182×
0.03Sep 20, 20180.06Jun 14, 2018
20172×
0.03Sep 21, 20170.04Jun 15, 2017
20161×
0.02Sep 29, 2016